Natural Alginates Hold Potential in Antiviral Materials to Kill Coronavirus
Recently, marine red algae was being highly publicized for the production of antiviral drugs to combat COVID-19. As such, the introduction of coronavirus vaccines has slowed down the pace of drug innovations. Hence, companies in the microalgae-based products market are focusing on making coating materials on sanitary items to fight COVID-19. They are focusing on essential products such as for personal care, skin care, and dietary supplements to stay relevant in business during the pandemic.
Scientists at Reliance Industries Ltd. opine that products made from marine red algae, alginates, and other natural compounds have tremendous antiviral potential. Companies in the microalgae-based products market are increasing their R&D efforts to capitalize on this opportunity to explore the development of antiviral materials and other essential products.
Request PDF Brochure :https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=54039
Production Scale up of Algae Offset Disadvantages of Photo Bio-reactors
Researchers think that algae might be the answer to lower greenhouse gas (GHG) emissions at power plants and address climate change. Breakthrough innovations such as bio-adaptive facades are being developed using algae within its glass louvers in order to generate energy and provide shade to a working building. This explains why the microalgae-based products market is slated to register a favorable CAGR of ~6% during the forecast period.
Photo bio-reactors are being used to sustainably develop bio-based fuel, which is carbon neutral. However, the algae in these bio reactors need to be grown under controlled temperature conditions. This leads to expensive investing costs. As such, stakeholders in the microalgae-based products market are focusing on advantages such as rise in production and high-energy per-acre than other bio-fuels.
Request For Discount :https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=54039
Strategic Partnerships Help Strengthen Research in F&B-based Microalgae
The microalgae-based products market is expected to cross the valuation of US$ 4.2 Bn by 2031. The food and beverage (F&B) sector is creating lucrative opportunities for manufacturers. Unilever – a multinational consumer goods company has announced collaboration with Algenuity – a biotech startup to explore the viability of microalgae as an ingredient in F&B products. Companies in the microalgae-based products market are gaining a strong research base for chlorella vulgaris, which is a nutrient-rich source of protein and fiber. Low environmental footprint of this microalgae is being preferred by F&B manufacturers.
Request For Custom Research
Extensive Biological Diversity of Algae Supports Industrial, Agricultural Demands
Mankind has recognized the value of land plants as renewable sources of medicine, food, and other materials for millennia. Microalgae is gaining prominence as a next-gen resource for urgent industrial and agricultural demands. Companies in the microalgae-based products market are increasing efforts to tap into its extensive biological diversity that can be leveraged to produce various bioproducts in the F&B and personal care sector.
Manufacturers in the microalgae-based products market are boosting their output capacities for natural and genetic manipulation of algae to use sunlight for fixing the atmospheric carbon. Photo bio-reactors have become a recurring trend and help microalgae to be more water-efficient than crop plants and can be cultivated on non-arable land with minimal use of freshwater.
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.