Meticulous Research® –a leading global market research company published a research report titled “Nannochloropsis-Derived Lipids (Fatty Acids) Market by Application (Human Nutrition (Health Supplements & Nutraceuticals, Pharmaceuticals, Other Human Nutritional Applications), Animal Nutrition, and Other Applications) - Global Forecast to 2028.”
Nannochloropsis is a type of microalgae that belongs to the phylum Ochrophyta and class Eustigmatophyceae. These unicellular algae are spherical or oblong in shape, with a diameter of 2-5 microns. They contain high levels of omega-3 fatty acids, specifically eicosapentaenoic acid (EPA), which is a vegan-friendly alternative to fish oil. Additionally, Nannochloropsis is rich in protein, with a crude protein content of 50-55% in its cell mass. For several decades, Nannochloropsis has been utilized in the production of aquafeed, nutraceuticals, and feed supplements.
The Nannochloropsis market is categorized by form (frozen, liquid, powder, and fresh pastes) and application (aquafeed, extraction companies, and other applications). The market is also evaluated based on competitors and analyzed at regional and country levels. Overall, Nannochloropsis has a promising future due to its nutritional profile and various applications.
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Their sustainable production process, utilizing sunlight and minimal resources, further contributes to their appeal. With their diverse applications and eco-friendly nature, Nannochloropsis-derived lipids are poised to revolutionize multiple sectors, providing sustainable solutions and promoting a healthier future.
Moreover, the growing demand for algae oil-based biofuel and increasing demand for omega-3 from the pharmaceutical industry creates lucrative growth opportunities for Nannochloropsis-derived lipid (fatty acids) manufacturers.
The Nannochloropsis derived lipids (fatty acids) is mainly attributed into human nutrition, animal nutrition, and other applications. The human nutrition segment is estimated to account for the largest share of the global Nannochloropsis derived lipids (fatty acids)
owing to the increasing demand for algae oil from nutraceuticals, dietary supplements, infant formula, and F&B industries. Rising consumption of packaged baby nutrition products owing to an increasing working population is further expected to drive the growth of the Nannochloropsis derived lipids (fatty acids) for human nutrition, as algae omega-3 DHA plays an important role in the development of an infant's nervous system, vision, brain, and overall growth.
Moreover, the increasing demand for immunity-boosting products is expected to create lucrative opportunities for the stakeholders in the Nannochloropsis-derived lipids (fatty acids) market for human nutrition.
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Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4-5 years. The key players profiled in the global Nannochloropsis-derived lipids (fatty acids) market research report are Arizona Algae Products, LLC (U.S.), Lyxia Corporation (China), Shaivaa Algaetech LLP (India), and iwi Life (U.S.), among others.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/nannochloropsis-market-5233
Key Questions Answered in the Report-
• Which are the high-growth market segments in terms of application and region/country?
• What was the historical market size for Nannochloropsis-derived lipids (fatty acids) across the globe?
• What are the market forecasts and estimates for 2021–2028?
• What are the major drivers, restraints, opportunities, and challenges for the global Nannochloropsis-derived lipids (fatty acids) Market?
• Who are the major players in the global Nannochloropsis-derived lipids (fatty acids) Market?
• How is the competitive landscape, and who are the market leaders in the global Nannochloropsis-derived lipids (fatty acids) Market?
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