{"id":151616,"date":"2024-10-08T07:05:00","date_gmt":"2024-10-08T05:05:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=151616"},"modified":"2024-10-01T11:51:47","modified_gmt":"2024-10-01T09:51:47","slug":"europes-algae-market-expanding-driven-by-product-innovation-climate-potential","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/europes-algae-market-expanding-driven-by-product-innovation-climate-potential\/","title":{"rendered":"Europe\u2019s algae market expanding, driven by product innovation, climate potential\u00a0"},"content":{"rendered":"\n\n\n

With new product approvals in place and fierce competition from foreign markets, the European algae market is hotting up, driven by its climate-cooling potential. The global algae products market size is estimated to surpass \u20ac8.2 billion by 2033.<\/strong><\/p>\n\n\n

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Wageningen, Netherlands – September 22, 2020: Algae unit for Algae production as sustainable alternative biomass to produce fuel, oil and protein. \u00a9 Shutterstock \/ INTREEGUE Photography<\/figcaption><\/figure><\/div>\n\n\n

With new product approvals in place and fierce competition from foreign markets, the European algae market is hotting up, driven by its climate-cooling potential.<\/strong><\/p>\n\n\n\n

The global algae products market size is estimated to surpass \u20ac8.2 billion by 2033.<\/p>\n\n\n\n

According to algae farming firm Global Algae<\/a>: \u201cbuilding algae farms to stop deforestation and enable regrowth of tropical rainforests without loss of production or revenue could reduce carbon emissions by ~10 Gt CO2-eq \/year.\u201d With large-scale algae farming for feed and fuel, reducing emissions by 13 to 20 gigatons of CO2 per year.<\/p>\n\n\n\n

Recognised for their nutritional and functional benefits, algae such as seaweeds and microalgae are also used as foodstuffs. In February 2024, more than 20 algae species were added to the EU Novel Food Status Catalogue<\/a>.<\/p>\n\n\n\n

The European Algae Biomass Association\u2019s<\/a> (EABA) manifesto commits to \u2018fostering a vibrant and competitive algae industry in Europe\u2019.<\/p>\n\n\n\n

This series of special reports takes a deeper dive into the growing algae biomass market.<\/p>\n","protected":false},"excerpt":{"rendered":"

With new product approvals in place and fierce competition from foreign markets, the European algae market is hotting up, driven by its climate-cooling potential. The global algae products market size is estimated to surpass \u20ac8.2 billion by 2033. With new product approvals in place and fierce competition from foreign markets, the European algae market is hotting […]<\/p>\n","protected":false},"author":114,"featured_media":151618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"The global algae products market\u00a0size is estimated to surpass \u20ac8.2 billion by 2033","footnotes":""},"categories":[5572],"tags":[7190,5838,5842,10416],"supplier":[1220,5585,12548],"class_list":["post-151616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bio-based","tag-algae","tag-bioeconomy","tag-biomass","tag-circulareconomy","supplier-european-algae-biomass-association-eaba","supplier-european-union","supplier-global-algae-innovations"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/151616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=151616"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/151616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media\/151618"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=151616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=151616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=151616"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=151616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}