A Review on Application and Future prospects of Algae in Pharmaceutical and Food industry

Abstract

Abstract: Algae are photosynthesis-producing organisms that can be found in freshwater, wastewater, and aquatic environments. In order to get around a number of high-tech barriers in the algae biomass sector, it is necessary to improve the various activities and research. Algae have the potential to supply novel chemicals and bioactive compounds for the biotechnology industry. The abundance of algal diversity must be utilized for various applications. Algal biomass is a source of energy (biofuels), fertilizer, pollution control, stabilization, nutrition, high-value molecules, and various bioactive metabolites that can be investigated for new drugs in terms of their applicability in local and global markets. Microalgae have been widely used for the production of biomass and biofuel. As a result, large-scale experimental setups have been built to produce a lot of biomass and biofuel. Food, cosmetics, pharmaceutical, and nutraceutical industries all benefit greatly from microalgae. They also produce numerous biomolecules with added value, such as polyunsaturated fatty acids, beta-1,3-glucan, astaxanthin, lutein, phycobiliprotein beta-carotene, and chlorophyll, in addition to the previously mentioned application. The pharmaceutical, cosmetic, food and feed, and nutraceutical industries all use these biomolecules extensively commercially. Furthermore, this review focuses specifically on the broad application potential algae based nonenergy applications, such as pharmaceuticals, food ingredients, pigments and cosmetics by marine algae.