Algal Protein Market Overview Highlighting Major Drivers, Future Growth and Demand Report 2021- 2026

The study and estimations of this Algal Protein Market report also helps to figure out types of consumers, their views about the product, their buying intentions and their ideas for the step up of a product. This report gives an absolute background analysis of the industry which includes an assessment of the parental market. This market report also puts light on historic data, present market trends, future products environment, marketing strategies, technological innovation, upcoming technologies, emerging opportunities, and the technical progress in the related industry

Some of the Top companies influencing this market include: 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.

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.

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Conducts Overall ALGAL PROTEIN Market Segmentation: 

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)

Regions covered in the Algal Protein market report 2021:

North America: United States, Canada, and Mexico.

South & Central America: Argentina, Chile, and Brazil.

Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.

Europe: UK, France, Italy, Germany, Spain, and Russia.

Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

Market Drivers

 

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
Consumer preference towards meat substitute is expected to boost the market growth in the forecast period
Ethical and traditional beliefs of consumers regarding the use of animal-based products will drive the market of algae based protein

Market Restraints

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

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Table of Contents Covered In This Algal Protein Market Report:

1 List of Tables and Figures

2 Introductions

3 Key Takeaways

4 Market Landscape

5 Global Algal Protein Market and Key Industry Dynamics

6 Algal Protein Market Overview, Forecast and Analysis

7 Global Algal Protein Market Analysis By Solutions

8 Global Algal Protein Market Analysis By Services

9 Global Algal Protein Market Analysis By Industry Vertical

10 Global Algal Protein Market Geographical Analysis

11 Industry Landscape

12 Competitive Landscape

13 Algal Protein Market, Key Company Profiles

14 Appendix

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