"Microalgae have been actively researched in recent years as a feedstock for commodities such as fuels, biosolvents , animal feed , and bio-based plastics and polymers. Microalgae are a promising biomass feedstock due to a wide range of product possibilities, high growth rates, and low resource demands. Although there are small to mid-size commercial microalgae production systems for high value human nutritional supplements worldwide, large-scale commercialization of microalgal systems for commodities are limited by the low economic returns on the products generated. Continuing research and testing of different production strategies and scenarios represents the best path to achieve technical and economic feasibility of microalgae to bioproducts.
Innovations are new idea, device or process. Innovations are the application of better solutions that meet new requirements, inarticulated needs or existing market needs. It is proficient through more effective products, processes, services, technologies, or new ideas that are readily available to markets, governments and society. Innovations are something original and novel, as a significant, new that breaks into the market or society.
Last date updated on July, 2014