#microalgaeproducts

Microalgae are small, single-celled or multicellular organisms belonging to the group of microorganisms known as algae. Unlike macroalgae (seaweeds), microalgae are microscopic in size, typically ranging from a few micrometers to a few hundred micrometers in diameter. They are found in diverse aquatic environments, including freshwater, marine, and brackish water bodies. Microalgae encompass a vast array of species, and they come in various shapes, sizes, and colors. Common microalgal groups include diatoms, green algae, dinoflagellates, cyanobacteria (often referred to as blue-green algae), and euglenoids. microalgae are photosynthetic organisms, utilizing sunlight to convert carbon dioxide and water into organic compounds (such as sugars) and releasing oxygen as a byproduct. This makes them crucial primary producers in aquatic ecosystems.

The Microalgae Market was valued at USD 0.98 Billion in 2022 and is expected to register a CAGR of 7.7% by 2032.

Microalgae are considered a sustainable source of various products, including food additives, nutraceuticals, biofuels, and cosmetics. With increasing consumer awareness and demand for sustainable and environmentally friendly options, the microalgae market has been gaining traction.