Chapter 2 Scope of the microalgae market: a demand and supply perspective
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Melih Onay
Abstract
Microalgae studies have recently become one of the most remarkable topics for humanity due to their wide range of uses. As the variety of products produced from microalgae increases, their usage areas are expanding and the demand is increasing. The most important microalgae cultivated to be used as a product today are Spirulina, Chlorella, Dunaliella, and Haematococcus. These microalgae can be used for some goals, such as the production of food and beverages, animal feeds, cosmetics, nutraceuticals, dietary supplements, bioremediation, agriculture, and biofuel. Biodiesel, bioethanol, biogas, and biojet fuel can be produced for the energy industry, while anti-inflammatory, anticancer, and antioxidant molecules can be used by the pharmaceutical industry. In addition, supplements, antioxidants, and vitamins contribute to the microalgae industry. Animal feeds, vegan foods, and colorants can be produced for the food industry. On the contrary, some molecules such as fucoxanthin, fucosterol, dolastatin, cannabinoids, and glucans will make significant contributions to the microalgae market in the future, and the microalgae market will expand with high production of these products. Before these products are obtained, microalgae are extracted and they go through many processes in order to meet the demand of the market. With the process integration and process intensification approaches, these can be produced as high-value-added products at a higher efficiency. Today, the value of microalgae- based products is approximately 1.25 billion dollars per year. This market will increase with the variety of algae products, supply chain features, and lower costs in algae production processes. From the point of view of the supply and demand chain, this chapter emphasis about how important the microalgae market is.
Abstract
Microalgae studies have recently become one of the most remarkable topics for humanity due to their wide range of uses. As the variety of products produced from microalgae increases, their usage areas are expanding and the demand is increasing. The most important microalgae cultivated to be used as a product today are Spirulina, Chlorella, Dunaliella, and Haematococcus. These microalgae can be used for some goals, such as the production of food and beverages, animal feeds, cosmetics, nutraceuticals, dietary supplements, bioremediation, agriculture, and biofuel. Biodiesel, bioethanol, biogas, and biojet fuel can be produced for the energy industry, while anti-inflammatory, anticancer, and antioxidant molecules can be used by the pharmaceutical industry. In addition, supplements, antioxidants, and vitamins contribute to the microalgae industry. Animal feeds, vegan foods, and colorants can be produced for the food industry. On the contrary, some molecules such as fucoxanthin, fucosterol, dolastatin, cannabinoids, and glucans will make significant contributions to the microalgae market in the future, and the microalgae market will expand with high production of these products. Before these products are obtained, microalgae are extracted and they go through many processes in order to meet the demand of the market. With the process integration and process intensification approaches, these can be produced as high-value-added products at a higher efficiency. Today, the value of microalgae- based products is approximately 1.25 billion dollars per year. This market will increase with the variety of algae products, supply chain features, and lower costs in algae production processes. From the point of view of the supply and demand chain, this chapter emphasis about how important the microalgae market is.
Kapitel in diesem Buch
- Frontmatter I
- Contents V
- Contributing authors IX
-
Part I: Fundamentals
- Chapter 1 A timeline on microalgal biotechnology 1
- Chapter 2 Scope of the microalgae market: a demand and supply perspective 19
- Chapter 3 Challenges and opportunities for microalgae biotechnology development 41
- Chapter 4 Major bottlenecks in industrial microalgaebased facilities 55
- Chapter 5 Multimethod and multiproduct microalgae biorefineries: industrial scale feasibility: eutectic solvents as a novel extraction system for microalgae biorefinery 67
- Chapter 6 What is next in microalgae research 81
- Chapter 7 Microalgae supply chains 107
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Part II: Process integration applied to microalgae-based systems
- Chapter 8 Energy and heat integration applied to microalgae-based systems 133
- Chapter 9 Mass integration applied to microalgaebased systems 147
- Chapter 10 Water integration applied to microalgaebased systems 165
- Chapter 11 Process integration opportunities applied to microalgae biomass production 183
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Part III: Process intensification applied to microalgae-based processes
- Chapter 12 Process intensification applied to bioreactor design 213
- Chapter 13 Process intensification approaches applied to the downstream processing of microalgae production 241
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Part IV: Process integration and process intensification strategies applied to microalgae-based products
- Chapter 14 Process integration opportunities applied to microalgae biomass production 271
- Chapter 15 Process integration opportunities applied to microalgae specialty chemicals production 299
- Chapter 16 Process intensification opportunities applied to the production of microalgae specialty chemicals 325
- Chapter 17 Process integration opportunities applied to microalgae biofuels production 349
- Chapter 18 Process intensification opportunities in the production of microalgal biofuels 377
- Chapter 19 Process integration approaches applied to carbon dioxide capture and use from microalgae 409
- Chapter 20 Algae-based bioelectrochemical systems 425
- Chapter 21 Process integration and process intensification approaches as enhancers of industrial sustainability in microalgaebased systems 441
- Chapter 22 Patents related to process integration and process intensification applied to microalgae-based systems 455
- Chapter 23 A brief mapping of patents in microalgaebased systems 479
- Index 507
Kapitel in diesem Buch
- Frontmatter I
- Contents V
- Contributing authors IX
-
Part I: Fundamentals
- Chapter 1 A timeline on microalgal biotechnology 1
- Chapter 2 Scope of the microalgae market: a demand and supply perspective 19
- Chapter 3 Challenges and opportunities for microalgae biotechnology development 41
- Chapter 4 Major bottlenecks in industrial microalgaebased facilities 55
- Chapter 5 Multimethod and multiproduct microalgae biorefineries: industrial scale feasibility: eutectic solvents as a novel extraction system for microalgae biorefinery 67
- Chapter 6 What is next in microalgae research 81
- Chapter 7 Microalgae supply chains 107
-
Part II: Process integration applied to microalgae-based systems
- Chapter 8 Energy and heat integration applied to microalgae-based systems 133
- Chapter 9 Mass integration applied to microalgaebased systems 147
- Chapter 10 Water integration applied to microalgaebased systems 165
- Chapter 11 Process integration opportunities applied to microalgae biomass production 183
-
Part III: Process intensification applied to microalgae-based processes
- Chapter 12 Process intensification applied to bioreactor design 213
- Chapter 13 Process intensification approaches applied to the downstream processing of microalgae production 241
-
Part IV: Process integration and process intensification strategies applied to microalgae-based products
- Chapter 14 Process integration opportunities applied to microalgae biomass production 271
- Chapter 15 Process integration opportunities applied to microalgae specialty chemicals production 299
- Chapter 16 Process intensification opportunities applied to the production of microalgae specialty chemicals 325
- Chapter 17 Process integration opportunities applied to microalgae biofuels production 349
- Chapter 18 Process intensification opportunities in the production of microalgal biofuels 377
- Chapter 19 Process integration approaches applied to carbon dioxide capture and use from microalgae 409
- Chapter 20 Algae-based bioelectrochemical systems 425
- Chapter 21 Process integration and process intensification approaches as enhancers of industrial sustainability in microalgaebased systems 441
- Chapter 22 Patents related to process integration and process intensification applied to microalgae-based systems 455
- Chapter 23 A brief mapping of patents in microalgaebased systems 479
- Index 507