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European Nannochloropsis Market Valued at $4.79 Million by 2030

  Meticulous Research® , a top global market research organization, has released a detailed report titled ‘ Europe Nannochloropsis Market by Form (Frozen, Liquid, Powder, Fresh Pastes), Application (Aquafeed, Extraction Companies, Other Applications) - Forecast to 2030’ . Download Sample Report:  https://www.meticulousresearch.com/download-sample-report/cp_id=5489 The report forecasts that the Europe Nannochloropsis market will reach USD 4.79 million by 2030, with a CAGR of 9.0% from 2023 to 2030. By volume, the market is expected to achieve 39.93 tons by 2030, growing at a CAGR of 9.6% during the forecast period. The market's growth is driven by the increasing need for algae protein, the rising demand for protein-rich and lipid-rich aquafeed, and the growing interest in omega-3 fatty acids. The expanding biodiesel industry also provides significant growth opportunities for Nannochloropsis producers. However, the intricate production process of Nannochloropsis poses a c...

Europe's Nannochloropsis Market Expected to Reach $4.79 Million by 2030

  Meticulous Research® , an influential global market research organization, has issued a report titled ‘ Europe Nannochloropsis Market by Form (Frozen, Liquid, Powder, Fresh Pastes), Application (Aquafeed, Extraction Companies, Other Applications) - Forecast to 2030’ . The report reveals that the European Nannochloropsis market is anticipated to reach USD 4.79 million by 2030, with a CAGR of 9.0% from 2023 to 2030. The market is also projected to reach 39.93 tons in volume by 2030, growing at a CAGR of 9.6% during the forecast period. The market’s expansion is driven by increased demand for algae protein, a growing need for protein- and lipid-rich aquafeeds, and heightened interest in omega-3 fatty acids. Additionally, the expanding biodiesel industry offers promising growth opportunities for Nannochloropsis manufacturers. However, the complex production process of Nannochloropsis can restrain market growth. Market Segmentation The market is segmented by form, application...

Europe Nannochloropsis Market to be Worth $4.79 Million by 2030

The Europe Nannochloropsis Market is anticipated to achieve a value of $4.79 million by 2030 , with a projected Compound Annual Growth Rate (CAGR) of 9% from 2023 to 2030. In terms of volume, the market is expected to reach 39.93 tons by 2030, growing at a CAGR of 9.6% during the forecast period. This growth is primarily fueled by increasing demand for algae protein, rising needs for protein-rich and lipid-rich aquafeed, and expanding requirements for omega-3 fatty acids. Furthermore, the biodiesel industry's rising demand further enhances growth prospects for Nannochloropsis manufacturers across Europe. Here are the top 10 companies operating in the Europe Nannochloropsis Market: BlueBioTech Group (Germany) Engaged in microalgae research, production, and distribution. Products include microalgae-based nutraceuticals and aquaculture solutions. Reed Mariculture Inc. (U.S.) Specializes in marine microalgae concentrates and feeds. ...