seaweed Protein Market Worth $1.51 Billion by 2030 | Allied Market Research Reveals

According to a new report published by Allied Market Research, titled "Seaweed Protein Market," The seaweed protein market was valued at $550.40 million in 2021 and is estimated to reach $1.51 billion by 2030, growing at a CAGR of 11.6% from 2022 to 2030.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/17272

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲:

• On the basis of type, the red sub-segment was the fastest growing in the base year and is predicted to have a dominating share in the global market during the forecast period

• On the basis of application, the food sub-segment was the fastest growing in the base year and the animal feed & additives sub-segment is projected to have a dominant share in the global market during the forecast period

• On the basis of region, North American region is projected to remain the fastest-growing region during the forecast period. Asia-Pacific region is projected to have a dominant market share by 2030.

• An in-depth study is conducted to understand the seaweed protein market analysis.

• Major countries in each region are mapped according to their revenue contribution to the global seaweed protein market forecast.

𝐁𝐔𝐘 𝐍𝐨𝐰 https://www.alliedmarketresearch.com/checkout-final/61dd444434bc82f2fe9f4bed5bb235cc

Proline, glycine, alanine, glutamic, arginine, and aspartic acids are among the amino acids present in seaweed protein. These amino acids are beneficial for human health. According to research, red seaweeds have a high protein content, green seaweeds have a moderate protein content, and brown seaweeds have a low protein content. Seaweed protein is gaining demand as a more cost-effective and alternative source of protein for human and animal nutrition. The growth of the growth of the seaweed protein market is being aided by an increase in the occurrence of health diseases, increased understanding of healthy eating habits, and an increase in health and fitness awareness. Consumers are more conscious regarding their nutritional consumption, benefits of physical activity, and importance of eating food that suits the body's nutritional needs. These trends are anticipated to boost revenue growth and the size of the seaweed protein market in the upcoming years.

Seaweed protein is mostly used in animal feed due to nutrients included in it, such as vitamin A, B1, B2, E, K, and C. Consuming seaweeds, such as spirulina and chlorella, contains all of the essential amino acids. Moreover, seaweed ensures that consumer get full range of amino acids. Seaweed can also act as a good source of omega-3 fats. It is used in the development of aquaculture feed, monogastric cattle feed, ruminant feed, and others. Cattle's overall health and growth rate are improved as a result of consuming seaweed protein. development of this market is fuelled by increased livestock industrialization, rising meat consumption, and increased need for nutritious feed.

𝐓𝐚𝐥𝐤 𝐭𝐨 𝐨𝐮𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 https://www.alliedmarketresearch.com/connect-to-analyst/17272

Seaweed farming is more expensive than land farming, which is projected to hinder global market expansion. Also, excessive consumption of seaweed can cause health problems due to presence of toxic minerals. Therefore, all such factors are anticipated to hamper the seaweed protein market share during the forecast period.

Increased use of seaweed in dietary supplements due to its nutritional worth, flavor-enhancing capabilities, and weight-loss properties has driven seaweed protein demand. Seaweeds also have a high concentration of bioactive compounds, antioxidants, and antibacterial properties, making them appropriate for a number of medicinal uses. In addition, new uses for seaweed have raised demand in recent years. In the textile business, it is used as a thickener, and in agriculture, it is used to improve soil quality. the above-mentioned factors are anticipated to propel seaweed protein market opportunities over the forecast period.

The market is segmented on the basis of type, application, and region. By type, the market is classified as red, brown, and green. By application, it is classified as food, animal feed & additives, cosmetics & personal care, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the seaweed protein market include CP Kelco, Cargill, Incorporated, Qingdao Gather Great Ocean Algae Industry Group CO. LTD, Mara Seaweed, ASL, Irish Seaweeds, AtSeaNova, ALGAIA, Seasol, and Maine Coast Sea Vegetables.

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