Accelerating algae product development for a more sustainable future
The AlgaeProBANOS(Accelerating algae product development in the Baltic and North Sea) project has been created to fully valorize algae biomass, with a mission to accelerate the development of sustainable and innovative algae-based products in the Baltic and North Sea, to make the EU a world-leader in algae product development, and to support coastal societies and local economies.
The AlgaeProBANOS(Accelerating algae product development in the Baltic and North Sea) project has been created to fully valorize algae biomass, with a mission to accelerate the development of sustainable and innovative algae-based products in the Baltic and North Sea, to make the EU a world-leader in algae product development, and to support coastal societies and local economies.
The Nutraceuticals Market size is estimated at USD 488.41 billion in 2024, and is expected to reach USD 626.02 billion by 2029, growing at a CAGR of 5.09% during the forecast period (2024-2029)
CO2 sequestration, climate change mitigation
Creating secondary source of income for farmers and microalgae cultivators
Biomass suppliers, Technology providers, End users (nutraceutical and biofuel market)
Microalgae
5
AlgaeProBanos
Extraction
Thickening agents and stabilisers, protein, omega 3 rich products
NA
Germany
2023