Food commodities and fine chemicals from microalgae: A close look at economics

Vigani, Mauro ORCID: 0000-0003-2442-7976 and Khafagy, Amr ORCID: 0000-0001-8976-6405 (2023) Food commodities and fine chemicals from microalgae: A close look at economics. In: Handbook of Food and Feed from Microalgae. Elsevier, pp. 611-624. ISBN 9780323991964

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Abstract

The ongoing green transition of the global economy requires production processes with low greenhouse gasses emissions. Algae-based products have a great potential to contribute to a successful green transition, but further technological and management innovation is needed in order to supply large volumes of algae-based products at competitive prices. In this chapter, we take both a macroeconomics and a microeconomics perspective to identify bottlenecks in the development and commercialization of bulk algae-based products at the global level. The macroeconomics perspective helps us to identify growth and competitiveness at the global level, while the microeconomics perspective helps us to identify the innovation needed to reduce production costs and improve profitability. The chapter concludes by providing policy recommendation for the development of the algae-based sector.

Item Type:	Book Section
Uncontrolled Keywords:	Algae; Seaweed; Production; Trade; Costs; Competitiveness; Green transition
Subjects:	G Geography. Anthropology. Recreation > GE Environmental Sciences S Agriculture > S Agriculture (General)
Divisions:	Schools and Research Institutes > Countryside and Community Research Institute
Research Priority Areas:	Place, Environment and Community
Depositing User:	Anna Kerr
Date Deposited:	08 Aug 2023 08:37
Last Modified:	09 Aug 2023 10:20
URI:	https://eprints.glos.ac.uk/id/eprint/13018

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