Triton Algae Innovations Company made proteins from natural algae for human and animal health. Its Triton platform allows that manufacture of natural proteins, such as antibodies, enzymes, antibacterial proteins, hormones, chelator proteins, antioxidants.
On 2018- Startup Triton Algae is introducing safe and healthy non-GMO, and vegan algae powder more in omega – 3, 6, and nine fatty acids, vitamin A/ Betacarotene and iron. This is an excellent source of a high amount of protein.
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Market Data Forecast published a report named Algae Ingredients Market. The algae products market worth was USD 3.98 Billion in 2018, and it has projected to reach a value of USD 5.17 Billion by 2023, at a CAGR of 5.4%
Report segmented as:
By Source Type:
- Green Algae
- Red Algae
- Blue Algae
- Brown Algae
- Animal Nutrition
The market is driven by aspects such as increasing health concerns (which contain diabetes and obesity) due to the taking of high-calorie products. Besides, the health aids given by algae products include supporting digestive systems, anti-aging effects, and giving gamma-linoleic acid.
Based on geography, the market divided under many countries namely, North America, Latin America, Europe, Middle East, Africa, and the Asia Pacific. North America holds a significant share in the market
Key market players:
- Archer Daniels Midland Company
- Fuji Chemicals
- FMC Corporation
- Omega Protein Corporation
- I.D Parry (India)
- Kerry (Ireland)
- Corbion (Netherland)
- Ingredion (US)
- Roquette Frères (France)
- FenchemBiotek (China)
- Algatechnologies (Israel)
- CP Kelco (US)
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The Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.
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