Middle East & Africa Microalgae Market - Industry Trends and Forecast to 2030
Middle East and Africa Microalgae Market, By Product Type (Chlamydomonas, Reinhardtii, Dunaliella Salina, Haematococcus Pluvialis, Isochrysis, Nannochloropsis, Phaeodactylum Tricornutum, Porphyridium Cruentum, Chlorella, Spirulina, and Others), Category (Organic and Inorganic), Form (Powder/Dry and Liquid), Grade (Food Grade, Feed Grade, Fuel Grade, Cosmetic Grade, and Others), Application (Food & Beverage, Dietary Supplements, Pharmaceuticals, Cosmetics & Personal Care, Bio-fuel, Inks, Animal Feed, and Others), Distribution Channel (Indirect and Direct), Country (Saudi Arabia, South Africa, UAE, Kuwait, and Rest of Middle East and Africa) Industry Trends and Forecast to 2030
Market Definition
Microalgae are microscopic algae, which are also called single celled algae. They can live in either independently or in the form of colonies. These photosynthetic microorganisms reside in freshwater or salty water. According to their species, they can vary in size and shape whose size ranges from micrometers to hundred micrometers. The main function of microalgae is that it converts the sunlight, carbon dioxide, and water into algal biomass. Microalgae are used in the food, nutraceuticals, feed, cosmetic industries as well as it is also used to make paper ink. Microalgae have been considered as most promising in the field of biodiesel feedstock and have been known as third generation feedstock. Microalgae are members of the larger group of phytoplankton
Microalgae are simple cell structure that needs some requirement for their growth such as light, water, carbon dioxide, nutrients such as nitrogen and phosphorus. The growth of the microalgae under these requirements with optimum climatic conditions can be 5-10 times more than the conventional crops. Microalgae can be used as alternative biodiesel feedstock because of high lipid content (15-30%). Constituents present in microalgae are chlorophylls, phycobiliproteins, and carotenoids.
Market Segmentation
Middle East and Africa microalgae market is categorized into six segments, which are, product type, category, form, grade, application, and distribution channel.
• On the basis of product type, the microalgae market is segmented into chlamydomonas, reinhardtii, dunaliella salina, haematococcus pluvialis, isochrysis, nannochloropsis, phaeodactylum tricornutum, porphyridium cruentum, chlorella, spirulina, and others
• On the basis of category, the microalgae market is segmented into organic and inorganic
• On the basis of form, the microalgae market is segmented into powder/dry and liquid
• On the basis of grade, the microalgae market is segmented into food grade, feed grade, fuel grade, cosmetics grade, and others
• On the basis of application, the microalgae market is segmented into food & beverage, dietary supplements, pharmaceuticals, cosmetics & personal care, bio-fuel, inks, animal feed, and others
• On the basis of distribution channel, the microalgae market is segmented into indirect and direct
Market Players
The key market players for Middle East and Africa microalgae market are listed below:
• Cellana Inc.
• DSM
• Cyanotech Corporation
• Corbion
• ALGATECH LTD
• AlgaEnergy
• AlgaHealth
• BarAlgae
• Desert Microalgae Technologies
• Yemoja
• Henry Lamotte Oils GmbH
• Algarithm
• ALGAIA
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