| Title of Process/ Know-how/ Product/Design/Equipment
Seaweed based new animal feed additive formulations for improving productivity and health
IPR Status & Details:
Invented products and processes are under IPR filing
Application/Uses/Problem being addressed
Salient Technical Features including Competing Features/ Impact
TRL Level & Scale of Development:- TRL 5 TRL Reference
- The formulations have been tested and validated by different ICAR institutes working on animals (IVRI, NDRI) and poultry (CARI)
- Toxicology studies of specific formulation are available
Business scope & opportunity (in terms of scale, cost, market etc.)
Animal feed additive Market – By 2022 is projected at USD 1.853 billion and growing CAGR@ 8.1 %, and thus offers tremendous scope
Environmental Considerations
- The invention process is eco-friendly
- It can bring down methane emissions
Status of Licensing:
Licensed technology
Status of Commercialization:
Ready for commercialization
Major Raw Materials Needed
Select seaweeds
Major Plant Equipment and Machinery Required
Seaweed cultivation or collection mechanism, expeller, dryer, pulveriser, reaction vessels
Techno-Economics
Tentative Price: ₹150 per kg – depending on the formulation and process
Technology Package
Know-how of formulation; Demonstration through field validated data; License fee and other financial details would be provided onrequest