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Seaweed Protein Market Trends

  • Report ID: GMI5354
  • Published Date: Nov 2023
  • Report Format: PDF

Seaweed Protein Market Trends

Consumers are increasingly seeking environmentally friendly protein alternatives, aligning with the rising popularity of seaweed protein due to its low environmental impact and efficient cultivation. The market is witnessing innovative product developments, such as seaweed protein isolates and concentrates, to cater to diverse consumer needs.
 

Furthermore, collaborations and partnerships within the industry are on the rise, fostering research and development initiatives for expanding applications of seaweed protein in various sectors, including food, pharmaceuticals, and cosmetics. The ongoing trend towards clean label and natural ingredients further propels the demand for seaweed protein, positioning it as a key player in the evolving landscape of sustainable and plant-based protein sources.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of seaweed protein reached USD 492.7 million in 2022 and is set to cross USD 985.8 million by 2032, as the product is gaining popularity as a nutritious and environmentally friendly alternative to traditional protein sources.

Brown seaweed protein segment accounted for a market value of USD 236.1 million in 2022, as it contains high levels of proteins, essential amino acids, vitamins, and minerals, making it a nutritionally dense option for protein extraction.

Asia Pacific market was valued at USD 294.6 million in 2022, as the region has a long history of seaweed consumption and utilization in various traditional dishes, providing a strong foundation for seaweed-related products.

CP Kelco, Cargill, DuPont, Acadian Seaplants, Seasol International, Gelymar, Ocean Harvest Technology, and Irish Seaweeds.

Seaweed Protein Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 19
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 210
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