Algae Protein Market

Report Highlights

The scope of this report is broad and covers different product of algae protein, along with the applications for algae protein and major countries. The market is broken down by product of algae protein, applications and regional markets. Revenue forecasts from 2019 to 2025 are given for each major product of algae protein, application, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional algae protein markets; it explains the major market drivers of the global algae protein industry, current trends within the industry, major applications and the regional dynamics of the global algae protein market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global algae protein industry.

Report Includes

• 62 tables
• An up-to-date analysis of the global algae protein market.
• Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2026.
• Estimation of market size and revenue forecast for global algae protein market, and corresponding market share analysis by product, application, source and region for each market segment.
• Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for algae protein, identification of the companies that are best positioned to meet this demand.
• In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
• Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
• Impact of COVID-19 on the Algae Protein market as compared to overall global economy.
• Insight into the growth development strategies of major algae protein manufacturers and their key competitive landscape.
• Descriptive company profiles of the leading market participants, including Nutrex Hawaii Inc., Cyanotech Corporation, Earthrise Nutritionals LLC and Allmicroalgae

Summary

Algae proteins, also called as algal proteins, are extricated from algae, specifically from blue-green and green algae, since it includes high protein levels, varying from 40% to 60%. Algae proteins compose high protein content, amino acid profile, and excellent nutritional abilities which stimulates their application in functional, processed foods and health foods.

Based on the product the market is segmented into Spirulina, Chlorella and Others. In 2020, the spirulina segment has captured the maximum share of the market.