Omega-3 ingredients market est. $3.79 billion by 2022

Omega-3 ingredients market est. $3.79 billion by 2022

EPA/DHA (omega-3 ingredients) market size is likely to be worth USD 3.79 billion by 2022, according to a recent research report by Global Market Insights, Inc. An increasing trend towards healthy nutrient-fortified diets is likely to drive the EPA & DHA ingredients’ market growth. Dietary supplements accounted…

Algae treatment for blindness scores $60M

Algae treatment for blindness scores $60M

John Gallagher reports in the Detroit Free Press that Ann Arbor, Michigan-based RetroSense Therapeutics, a small eye-care company that uses green algae genes to treat a type of human blindness, has sold for $60 million to Allergan, a $4 billion-a-year maker of skin and eye care products…

New Wave Foods’ sustainable shrimp from red algae

New Wave Foods’ sustainable shrimp from red algae

San Francisco biotech startup New Wave Foods aims to address the impact of overfishing, bycatch, water pollution, slave labor, an animal death toll in the trillions, and other ills of our unsustainable lust for shrimp…with red algae. In the lab, New Wave Foods has engineered a product with the same taste, texture, and look…

Astaxanthin leading carotenoids market growth

Astaxanthin leading carotenoids market growth

Astaxanthin is leading a steady growth in the carotenoids market, which is projected to reach a value of $1.53 billion U.S. by 2021, growing at a CAGR of 3.78% from 2016 to 2021. According to the new study by reportsnreports.com, the market is being driven by factors such as increasing health consciousness…

Soaring fishmeal prices make algae more appetizing

Soaring fishmeal prices make algae more appetizing

Jason Holland writes in SeafoodSounce.com that the ability of marine and freshwater algae to produce omega-3 oils makes them increasingly suitable for replacing price volatile fish oil and fishmeal products, especially aquaculture feeds. The fish and shrimp farming sectors have been experiencing significant…

German soft drink market promoting algae

German soft drink market promoting algae

Julia Buech writes for Mintel Research that, as concerns over the health and environmental impacts of eating meat have grown in Germany, so too has interest in alternative protein sources, including seaweeds such as algae, chlorella and spirulina. Indeed, Mintel research finds three out of five German consumers…

Japan’s Chitose ramping up spirulina capacity abroad

Japan’s Chitose ramping up spirulina capacity abroad

Akane Okutsu writes for asia.nikkei.com that Japanese bioventure Chitose Laboratory is taking its spirulina business overseas, with plans to quintuple capacity for the edible blue-green algae by setting up American and Singaporean production bases. Chitose was launched in 2002 to develop…

Natural food color demand boosting spirulina sales

Natural food color demand boosting spirulina sales

The demand for spirulina as a natural food colorant is robust in the North America food processing industry, according to a new study by market intelligence firm Future Market Insights (FMI). Spirulina, which can give a blue color to a food product, is widely used in the confectionary and dairy products…

Boom in astaxanthin boosts carotenoid market

Boom in astaxanthin boosts carotenoid market

The market for carotenoids has changed dramatically for some product segments in the past four years. Prices have dropped for a number of products while market value has risen for others. In particular, the global market for astaxanthin should see big growth courtesy of a sizeable market and…

Euglena thrives in health food market

Euglena thrives in health food market

Tom Redmond and Yuko Takeo report for Bloomberg.com that, after 10 years of developing algae as a nutritional supplement generating $37.8 million in annual revenue, Japanese algae company Euglena has teamed up with corporate giants including All Nippon Airways and a unit of…

Economic modeling for macroalgae cultivation

Economic modeling for macroalgae cultivation

EnAlgae researchers have published an economic model to help to explore the economics of cultivating macroalgae at sea. The model and report can be found here as outputs WP2A7.06 and WP2A7.11. Both documents together are a study into the business economics behind growing seaweed at sea…

New report explores agar market

New report explores agar market

A new report by Future Market Insights explores the agar market – with a global industry analysis and opportunity assessment 2015-2025. Agar is a gelatinous substance that is usually extracted from algae. It is derived from polysaccharide agarose, which is a crucial supporting structure in the cell walls…

Algaeon expands with $2.75M funding

Algaeon expands with $2.75M funding

Dan Human reports in the Indianapolis Business Journal that Indianapolis-based Algaeon Inc. plans to use $2.75 million in new funding to begin commercial production of its algae-based nutritional.
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AIM Interview: DAO Energy’s David Dubyne

AIM Interview: DAO Energy’s David Dubyne

In 2008 David DuByne helped start and run an algae biodiesel company, Dao Energy, LLC, in Chengdu city of Sichuan Province, in western China. Their concept was to use low cost labor…

Sapphire Announces $144 Million Series C Funding

Sapphire Announces $144 Million Series C Funding

Sapphire Energy has announced it has secured the final tranche of a $144 million Series C investment funding. The Series C backers include Arrowpoint Partners, Monsanto, and other undisclosed investors…

Algae Producer Martek to be Acquired by DSM

Algae Producer Martek to be Acquired by DSM

Royal DSM N.V., the global Life Sciences and Materials Sciences company, and Martek Biosciences Corporation have announced that they have entered into a definitive agreement under which DSM…

Thawer Ashcroft Crowne Alliance with Algepower

Thawer Ashcroft Crowne Alliance with Algepower

Thawer Ashcroft Crowne & Co. recently announced a financial backing agreement with Algepower, Inc. in the form of offering investment collateral to the backend structure of Algepower’s business plan…

Techno-Economic Modeling: An Invaluable Tool for Invention and Investment

Techno-Economic Modeling: An Invaluable Tool for Invention and Investment

Techno-economic modeling is that well-established process, which when developed in concert with technology, ensures that market-driven prices can…

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