Objective
Today there are only market opportunities for high value applications due to production costs, which are still too high to make microalgae a competitive feedstock for commodities. There is presently a large production capacity for a limited number of microalgae strains in Europe. However, the number of concrete products and market applications is still limited. The enlargement of current market applications for high-value microalgae ingredients will lead to new business opportunities, industrialize the technology and provide the knowledge and experience required to enter the medium- low value market within 5-10 years.
MAGNIFICENT will expand the range of commercial products and their market volume substantially and in a sustainable manner. The overall objective of the project is to develop and validate a sustainable and economically feasible new value chain based on cultivation and processing, with the aim to transform microalgae biomass into valuable ingredients for food, aquafeed and cosmetics applications. Development and validation of new product formulations of microalgae are included in the project
To achieve this, optimization will be done: 1) Upstream, cultivation related processes via adaptation and selection of algae varieties, improvement of growing conditions and target product concentration in the cell and 2) downstream process steps (separation, extraction, purification) in order to achieve the overall aim to maximise the production of compounds of interest (phospholipids rich in omega-3 fatty acids EPA and DHA and fucoxanthin as main molecules). The work will be supported by chain evaluation, market assessment, socio-economic impact assessment and LCA. Specific attention will be paid to the requirements of the existing EU regulatory framework.
The MAGNIFICENT consortium has 16 partners from 7 EU countries incl. 10 SME's, 3 LE's, 1 University and 2 RTO's, and comprises commercial partners in the entire value chain and the 3 target markets.
Fields of science
Programme(s)
Coordinator
6708 PB Wageningen
Netherlands
Participants (17)
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
Participation ended
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
8700 221 Olhao
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
11500 El Puerto De Santa Maria El Cadiz
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
9200-047 Canical
Legal entity other than a subcontractor which is affiliated or legally linked to a participant. The entity carries out work under the conditions laid down in the Grant Agreement, supplies goods or provides services for the action, but did not sign the Grant Agreement. A third party abides by the rules applicable to its related participant under the Grant Agreement with regard to eligibility of costs and control of expenditure.
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
9200 047 Machico
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
NE24 2AZ Blyth
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
44600 Saint Nazaire
Participation ended
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
Participation ended
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
10700 Hervas
92400 Courbevoie