Press release
Algal Protein Market Demand, Production Growth, Top Key Players: Corbion, Phycom, NUTREX.BE, Cyanotech Corporation., Far East Bio-Tec Co., Ltd., others
Forecast Period 2020-2026: A comprehensive analysis of the market structure along with the forecast of the various segments and sub-segments of the market have been delivered through this Algal Protein Market business document. The market is greatly transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of industry.The Algal Protein Market report covers all the market shares and approaches of the major competitors or the key players such as Corbion, Phycom, NUTREX.BE, Cyanotech Corporation., Far East Bio-Tec Co., Ltd., Earthrise Nutritional., Rainbow Light, Allmicroalgae, ENERGYbits Inc., Heliae Development, LLC, Roquette Klötze GmbH & Co. KG, Saurer AG, Solazyme, Heliae Development, LLC and Allmicroalgae among others.
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Global algal protein market is expected to register a substantial CAGR of 7.2% in the forecast period of 2019-2026. High demand for plant-based protein alternatives is the major growth factor for the growth of this market.
In addition, the years considered for the study are as follows:
Historical year - 2013-2018 | Base year - 2018 | Forecast period - 2019 to 2026
Global Algal Protein Market: Segment Analysis
Product Type, (Spirulina, Chlorella, Seaweed, Others),
Form (Powder Form, Liquid Form),
Source (Marine Algae, Fresh Water Algae),
Application (Dietary Supplements, Food Products, Animal Feed, Pharmaceutical, Cosmetics & Personal Care)
Some algae, especially blue and green algae, contain high amount of protein concentrations about 40-60% (dry matter), which can be used as food ingredient. These proteins are used for weight loss, stress, hyperactivity disorder, anxiety and other health issues. These proteins have a high nutritional value in terms of amino acid quality, protein content and nutritional acceptability. Algal protein is rich in vitamins, minerals and carotenoids preventing the cells from damage. It contains omega-3 fatty acids preventing several diseases such as arthritis, thrombosis and cancers among others.
Highlights following MARKET DRIVERS AND RESTRAINT:
Increasing demand for the algae protein in the production of enzyme will fuel the market growth
Rising demand form the food & feed industry worldwide is propelling the growth of the market
Expensive procedures, as it require high-level of sterility which may hamper the market growth
Allergic reactions associated with algae, is restraining the market growth
Competitive Landscape:
In October 2018, Triton Algae Innovation created an algae platform for the manufacturing of proteins. The company's launched a platform for production for green algae food proteins, which is recombinant protein identical to those, discovered in bovine and human breast milk, it will be a game changer on the infant formula. With , this launch the company enhances its product portfolio
In January 2018, Dutch start-up "The Algae Factory" pushes food parallel limits with its sustained spirulina algae chocolate. This spirulina chocolate is made of raw cane sugar, cocoa mass and butter, soya lecithin emulsifier and 3 gram of spirulina. The company strengthens the product portfolio with this launch. Thus, it will help the company to maximize the sales and revenue.
Research Methodology: Global Algal Protein Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Most important Highlights of TOC:
1 Introduction of Algal Protein Market
1.1 Overview of the Market
1.2 Scope of Report
2 Exclusive Summary
3 Research Methodology
3.1 Primary Interviews
3.2 Data Mining
3.3 Validation
3.4 List of Statistics
4 Algal Protein Market Segment & Geographic Analysis
4.1 By Type [2013-2026]
4.2 By Application [2013-2026]
4.3 By Region [2013-2026]
5 Algal Protein Market Outlook
5.1 Overview
5.2 Market Dynamics
5.2.1 Opportunities
5.2.2 Restraints
5.2.3 Drivers
5.3 Porter's Five Force Model
5.4 Value Chain Analysis
6 Algal Protein Market Competitive Landscape
6.1 Overview
6.2 Key Development Policies
6.3 Company Market Standing
Browse Full Report with Facts and Figures of Algal Protein Market Report at:https://www.databridgemarketresearch.com/toc/?dbmr=global-algal-protein-market&SB
At the Last, Algal Protein industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.
Thanks for reading this article; we can also provide individual chapter wise or region wise section report version like North America, Europe or Asia, Latin America Middle East & Africa according to your requirement.
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