Microalgae is microscopic algae found in marine and fresh water. This natural product is rich in vitamins A, B2, C, E and nutrients such as protein, iron and magnesium. In the food and beverage segment, it is being increasingly adopted particularly as an alternative protein source. As more people are going the vegan route and companies are investing in fortified food and dietary supplements for health, the microalgae market is poised for growth. Additionally, disposable income allocated to … [Read more...] about Growth opportunities in microalgae market forecasted
microalgae
Singapore-based Sophie’s Bionutrients expands to the Netherlands
From CEO Eugene Wang researching on how algae can be transformed into a seafood alternative in 2013, to releasing a algae-based milk product in May of this year, Sophie’s Bionutrients is embarking on a new chapter. The food technology company is setting up shop in the Netherlands and tapping the country’s comprehensive network of alternative protein suppliers. The Netherlands is home to about 250 plant-based protein manufacturers, with many based in the Food Valley region. Known businesses in … [Read more...] about Singapore-based Sophie’s Bionutrients expands to the Netherlands
Bigger manufacturing facility in the pipeline for Provectus Algae
Australian biotechnology company Provectus Algae will be expanding into a large-scale production facility to complement the existing operations they have today. This new factory will be up and running by the end of the year in Noosaville, Australia. Boasting of a 200,000-litre production capacity, this plant will be responsible for the biomanufacturing of high-value compounds that utilise microalgae. It will be covering end-to-end services, from R&D to large-scale production. Among the … [Read more...] about Bigger manufacturing facility in the pipeline for Provectus Algae
