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Nannochloropsis Market to Reach $14.0 Million by 2031 - Exclusive Report by Meticulous Research®

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Meticulous Market Research Pvt. Ltd.

06 Jun, 2024, 14:01 GMT

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REDDING, Calif., June 6, 2024 /PRNewswire/ -- According to a new market research report titled, " Nannochloropsis Market Size, Share, Forecast, & Trends Analysis by Form (Frozen, Liquid, Powder, Fresh Pastes), Application (Aquafeed, Extraction Companies)- Global Forecast to 2031," the Nannochloropsis market is expected to reach $14.0 million by 2031, at a CAGR of 8.5% during the forecast period 2024–2031. In terms of volume, the Nannochloropsis market is expected to reach 122 tons by 2031, at a CAGR of 9.4% from 2024 to 2031.

Download Sample Report Now- https://www.meticulousresearch.com/download-sample-report/cp_id=5233 

Nannochloropsis is a genus of microalgae from the phylum Ochrophyta, class Eustigmatophyceae. These unicellular algae are spherical or oblong, measuring 2-5 microns in diameter. Nannochloropsis sp. contains high amounts of omega-3 fatty acids in the form of eicosapentaenoic acid (EPA), which is a vegan alternative to fish oil. Moreover, the high content of proteins present in Nannochloropsis makes it a very interesting nutritional profile. Nannochloropsis cell mass comprises 50–55% crude protein. In addition, Nannochloropsis has been used for several decades to produce aquafeed, nutraceuticals, and feed supplements.

The global Nannochloropsis market is segmented by form (frozen, liquid, powder, and fresh pastes) and application (aquafeed, extraction companies, and other applications). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Get a Glimpse Inside: Request Sample Pages- https://www.meticulousresearch.com/request-sample-report/cp_id=5233 

Key Findings in the Nannochloropsis Market Study:

Based on form, the frozen Nannochloropsis segment is estimated to account for the largest share of 61.5% of the Nannochloropsis market in 2024. The large market share of this segment is mainly attributed to its wide range of applications in aquaculture hatcheries to establish the initial step of an artificial food chain, as frozen Nannochloropsis is rich in fatty acids (EPA, ARA). Additionally, this segment is expected to record the highest CAGR during the forecast period as frozen Nannochloropsis biomass promotes easier management in biomass production of lipid-enriched rotifers.

Based on application, the aquafeed segment is estimated to account for the largest share of 72.9% of the Nannochloropsis market in 2024. Nannochloropsis sp. is one of the most extensively used microalgae in aquaculture due to its nutritional value and ability to produce valuable chemical compounds, such as pigments (zeaxanthin, astaxanthin, canthaxanthin) and polyunsaturated fatty acids (EPA). The growth of this segment is mainly attributed to the growing global aquaculture industry along with the growing aquafeed sector and the increasing demand for protein-rich aquafeeds.

Have Specific Research Needs? Request a Customized Report-

https://www.meticulousresearch.com/request-customization/cp_id=5233 

Geographically, Europe is estimated to account for the largest share of 36.2% of the Nannochloropsis market in 2024, followed by North America and Asia-Pacific. The large market share of this region is attributed to the growing aquaculture industry and need for aquafeed, increasing health awareness, rising demand for omega-3 fatty acids, and increasing demand for algae protein. Moreover, the rising demand from the biodiesel industry is further expected to create lucrative opportunities for Nannochloropsis manufacturers in the region.

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 Nannochloropsis market research report are Allmicroalgae Natural Products S.A. (Portugal), Algatechnologies Ltd. (A Part of Solabia Group) (Israel), BlueBioTech International GmbH (Germany), Shaivaa Algaetech LLP (India), Monzón Biotech S.L. (Spain), A4f Algae for Future (Portugal), Green Aqua Company SGPS S.A. (Portugal), Lyxia Corporation (China), Necton S.A. (Portugal), Reed Mariculture Inc. (U.S.), AlgaSpring B.V. (Netherlands), Archimede Ricerche Srl (Italy), Proviron Industries NV (Belgium), and Astaxa GmbH (Germany).

Browse In-depth Report Now- https://www.meticulousresearch.com/product/nannochloropsis-market-5233 

Scope of the Report:

Nannochloropsis Market Assessment–by Form

  • Frozen
  • Liquid
  • Powder
  • Fresh Pastes

Nannochloropsis Market Assessment–by Application

  • Aquafeed
  • Extraction Companies
  • Other Applications

Nannochloropsis Market Assessment–by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Spain
    • Portugal
    • Germany
    • Italy
    • France
    • U.K.
    • Denmark
    • Sweden
    • Germany
    • Rest of Europe (RoE)
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific (RoAPAC)
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America (RoLATAM)
  • Middle East & Africa
    • Egypt
    • Saudi Arabia
    • South Africa
    • United Arab Emirates (UAE)
    • Rest of the Middle East & Africa (RoMEA)

Unlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/99176287 

Related Reports:

Microalgae Market by Distribution Channel (Consumer Channel, Business Channel), Type (Spirulina, Chlorella, Dunaliella Salina, Haematococcus Pluvialis), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics) - Global Forecast to 2028

Spirulina Market by Distribution Channel (Consumer Channel, Business Channel), Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin Extract), Application (Nutraceuticals, Food and Beverages, Agriculture, Animal Feed) - Global Forecast to 2028

Chlorella Market by Technology (Open Pond), by Product Type (Extract, Capsules) by Source (Chlorella Vulgaris, Chlorella Pyrenoidosa or Sorokiniana) by Application (Nutraceutical, Food & Beverage, Animal Feed), Geography - Global Forecast to 2028

Haematococcus Pluvialis Market by Product (Astaxanthin Ingredients (Oleoresin, Beadlets), Astaxanthin Bulk Finished Products (Capsules, Tablets), Application (Food and Beverages, Nutraceuticals, Pharmaceuticals, Cosmetics), and Geography - Global Forecast to 2027

Dunaliella Salina Market by End User (Extraction Companies, Food & Beverage Companies, Feed Companies, Nutraceutical & Health Supplement Companies, Pharmaceutical Companies, Cosmetics Companies) and Geography - Global Forecast to 2028

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:

Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/    
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research    
Content Source: https://www.meticulousresearch.com/pressrelease/453/nannochloropsis-market-2031  

Logo: https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg

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