Market research reports, consulting: Global Market Insights Inc.
We use cookies to enhance user experience. (Privacy Policy)

Algae Protein Market Trends

Report ID: GMI4550
   |
Published Date: February 2020
 | 
Report Format: PDF

Download free sample

Algae Protein Market Trends

Lately, consumers are seeking customized dietary solutions that meet specific health needs and goals, further making way for the incorporation of nutrient-rich proteins into personalized nutrition plans and supplements. Algae protein is widely used in products that offer additional health benefits beyond basic nutrients, such as boosting immunity and enhancing gut health.
 

Innovations in food technology have also led to the development of tastier and more usable algae protein products, making them easier to incorporate into everyday diets. The rise of plant-based diets and veganism will continue to push the demand for algae protein as a sustainable and ethical alternative to animal-based protein. For example, in February 2024, Israeli company SimpliiGood created plant-based chicken and salmon alternatives using microalgae ingredients.

Authors: Kiran Pulidindi, Manish Verma
Frequently Asked Question(FAQ) :
What factors are driving algae protein market growth in North America?
North America market size dominated around USD 266 million in 2023 and is slated to grow at 4.8% CAGR between 2024 and 2032, led by the increasing consumer demand for plant-based and sustainable protein sources
Why is the demand for seaweed-based algae protein rising?
How big is the algae protein market?
Why is the demand for powder algae protein on the rise?
Algae Protein Market Scope

Report Content

Chapter 1   Methodology & Scope

1.1   Market scope & definition

1.2   Base estimates & calculations

1.3   Forecast calculation

1.4   Data sources

1.4.1   Primary

1.4.2   Secondary

1.4.2.1    Paid sources

1.4.2.2    Public sources

Chapter 2   Executive Summary

2.1   Industry 3600 synopsis

Chapter 3   Industry Insights

3.1   Industry ecosystem analysis

3.1.1    Key manufacturers

3.1.2    Distributors

3.1.3    Profit margins across the industry

3.2   Industry impact forces

3.2.1    Growth drivers

3.2.1.1    North America: Government initiatives to boost algae products production

3.2.1.2    Obligation to maintain animal feed quality

3.2.1.3    Europe: Widening demand for nutritional products

3.2.1.4    Increasing exports has led to rise in manufacturing of cosmetic products which is likely to drive product demand

3.2.1.5    Asia Pacific: Increasing consumption of protein supplements

3.2.2    Market challenges

3.2.2.1    Presence of other protein-based food products

3.2.3    Market opportunity

3.2.3.1    New opportunities

3.2.3.2    Growth potential analysis

3.3   Raw material landscape

3.3.1    Manufacturing trends

3.3.2    Technology evolution

3.3.2.1    Sustainable manufacturing

3.3.2.1.1    Green practices

3.3.2.1.2    Decarbonization

3.3.3    Sustainability in raw materials

3.3.4    Pricing trends (USD/Ton)

3.3.4.1    North America

3.3.4.2    Europe

3.3.4.3    Asia Pacific

3.3.4.4    Latin America

3.3.4.5    Middle East & Africa

3.4   Regulations & market impact

3.5   Porter’s analysis

3.6   PESTEL analysis

Chapter 4   Competitive Landscape, 2023

4.1   Company market share analysis

4.2   Competitive positioning matrix

4.3   Strategic outlook matrix

Chapter 5   Market Size and Forecast, By Source, 2021-2032 (USD Million, Kilo Tons)

5.1   Key trends

5.1.1    Seaweed

5.1.2    Brown algae

5.1.3    Green algae

5.1.4    Red algae

5.2   Microalgae

5.2.1    Blue-Green algae (Spirulina)

5.2.2    Green algae (Chlorella)

5.2.3    Others

Chapter 6   Market Size and Forecast, By Dosage Form, 2021-2032 (USD Million, Kilo Tons)

6.1   Key trends

6.2   Capsules

6.3   Liquid

6.4   Powder

6.5   Others

Chapter 7   Market Size and Forecast, By Application, 2021-2032 (USD Million, Kilo Tons)

7.1   Key trends

7.2   Dietary supplements

7.3   Food & beverages

7.3.1    Bakery & confectionery

7.3.2    Protein drinks

7.3.3    Breakfast cereals

7.3.4    Snacks

7.3.5    Others

7.4   Animal feed

7.5   Cosmetics

7.6   Others

Chapter 8   Market Size and Forecast, By Region, 2021-2032 (USD Million, Kilo Tons)

8.1   Key trends

8.2   North America

8.2.1   U.S.

8.2.2   Canada

8.3   Europe

8.3.1   Germany

8.3.2   UK

8.3.3   France

8.3.4   Italy

8.3.5   Spain

8.3.6   Rest of Europe

8.4   Asia Pacific

8.4.1   China

8.4.2   India

8.4.3   Japan

8.4.4   South Korea

8.4.5   Australia

8.4.6   Rest of Asia Pacific

8.5   Latin America

8.5.1   Brazil

8.5.2   Mexico

8.5.3   Argentina

8.5.4   Rest of Latin America

8.6   MEA

8.6.1   Saudi Arabia

8.6.2   UAE

8.6.3   South Africa

8.6.4   Rest of MEA

Chapter 9   Company Profiles

9.1   Heliae Development LLC.

9.2   ENERGYbits Inc.

9.3   Far East Bio-Tec Co., Ltd. (FEBICO)

9.4   Roquette Klötze GmbH & Co. KG

9.5   Nutrex Hawaii Inc.

9.6   Corbion NV

9.7   Allmicroalgae

9.8   E.I.D. Parry (India) Limited

9.9   Earthrise Nutritionals LLC. (DIC Corporation)

9.10   Phycom Microalgae

9.11   Cyanotech Corporation

9.12   Yunnan Green A Biological Project Co., Ltd.

9.13   JUNE Group of Companies (JUNE Spirulina)

9.14   Fuqing King Dnarmsa Spirulina Co., Ltd.

9.15   Prolgae Spirulina Supplies Pvt. Ltd.

9.16   Veramaris

9.17   Euglena Co Ltd

9.18   Bliss Lifesciences LLP

9.19   AlgalR NutraPharms Pvt Ltd

9.20   Goerlich Pharma GmbH

9.21   Nordic Naturals, Inc

9.22   Bioriginal Food & Science Corp.

9.23   Source-Omega LLC

9.24   Deva Nutrition LLC

9.25   Cellana LLC

9.26   Kangcare Bioindustry Co. Ltd

   

   

Authors: Kiran Pulidindi, Manish Verma
Buy Now
Immediate Delivery
$4,123 $4,850
15% off
$4,280 $5,350
20% off
$5,845 $8,350
30% off
    Buy now
Premium Report Details

Base Year: 2023

Companies covered: 26

Tables & Figures: 282

Countries covered: 21

Pages: 374

Download Free Sample

Top