Nowadays, great interest has been developed in the isolation of novel bioactive compounds from the marine world which represents the half of the global biodiversity and an untapped reservoir of natural ingredients. Among these ingredients microalgae can play a key role [1,2]. They can biosynthesize many valuable substances with potential applications in the food, feed, pharmaceutical, cosmetic and chemical industry. But the impact of microalgae on the human society is not limited only to their useful products, because of their crucial role on the biosphere through photosynthesis. Microalgae are primitive, aquatic and photosynthetic microorganisms which appeared on earth about 3.5 billion years ago. They have unicellular or simple multicellular structure and size between 0.2 to 2 nm. Moreover, they have some advantages over terrestrial plants such as higher productivity due to their reproducing by simple division one or two times per day, limited seasonal variation and no lack of raw material. It is estimated that more than 30,000 species of microalgae exist, but only a few are safe and are cultivated in industrial quantities [3,4]. Microalgae that are already commercialized and are used in biotechnology belong to the green algae (e.g. the species Chlorella, Dunaliela, Haematococcus, Tetraselmis, Isochrysis) and cyanobacteria – the intermediate blue-green colored species between plants and bacteria (e.g. Spirulina (Arthrospira), Aphanizomenon flosaquae) [3,5,6]. Microalgae can survive under harsh conditions and environmental stressors such as high or low temperature, anaerobiosis, high salinity, photo-oxidation, high osmotic pressure and ultra-violet radiation, so they can greatly modify their chemical composition [2,7]. As a result of the rapid adaptation of algae to the new environmental conditions, they synthesize and produce a great variety of secondary metabolites having structure that cannot be found in other organisms [8]. As a results marine microalgae, due to their abundant availability in the marine ecosystem are an excellent source of valuable compounds such as polyunsaturated fatty acids, proteins, tocopherols and sterols, vitamins and minerals, antioxidants and pigments [7,9]. Consequently, nowadays there are several different applications for microalgae [2,3,10-12]. They could be used in:
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