Global Algae and Seaweed Protein Market

Report Code: FOD122A

Publish Date: Jun 2023

Publisher: BCC Publishing

Category: Food

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Report Highlights

The global market for algae and seaweed protein reached $904.7 million in 2022. The market is estimated to grow from $962.8 million in 2023 to reach $1.3 billion by 2028, at a compound annual growth rate (CAGR) of 6.8% from 2023 through 2028.

Report Includes

  • 81 data tables and 30 additional tables
  • An overview and up-to-date analysis of the global algae and seaweed protein market
  • Analyses of the global market trends, with market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
  • Estimation of actual market size and revenue forecast for global algae and seaweed protein market, and corresponding market share analysis based on the type, application, and region
  • Country specific data analysis and market growth forecasts for the U.S., Canada, Mexico, Brazil, China, India, Japan, Italy, Germany, France, the U.K., South Africa, and Saudi Arabia etc.
  • Discussion of the market growth drivers, opportunities and restraints, technology updates, and key regulations affecting the market for algae and seaweed protein as a basis for projecting demand in the next few years (2023-2028)
  • A comparative study and SWOT analysis of the global algae and seaweed protein market, which could further assist stakeholders in formulating appropriate strategies
  • Analysis of market opportunities and trends with a holistic review of the Porter’s five forces analysis and value chain analysis considering both micro- and macro environmental factors prevailing in the marketplace
  • Review of the patent filings and patent publications for innovations in algae and seaweed protein market
  • Insight into the recent industry structure, competitive aspects of each product segment, increasing investment on R&D activities, market development strategies, and company value share analysis
  • Identification of major stakeholders and analysis of the company competitive landscape based on their recent developments, financial performance, segmental revenues, and operational integration
  • Company profiles of the leading global players, including Algenuity Ltd., Arizona Algae Products LLC, Corbion N.V., DIC Corp., E.I.D. Parry (India) Ltd., Earthrise Nutritionals LLC, Nutrex Hawaii, Seaweed & Co., and Tianjin Norland Biotech Co., Ltd.

Report Scope

The report provides estimates and forecasts of the worldwide algae and seaweed protein market, with a detailed analysis of specific regions, countries and manufacturers.

In this report, the global market by type is segmented into microalgae and seaweed/macroalgae. The market is also segmented by application, including food and beverages, animal feed and dietary supplements.

The current market size and future estimates are provided in terms of value (U.S. $ millions), using 2022 as a base year, with a forecast provided for the period of 2023 to 2028.

The report also discusses the major players in each regional market. The report concludes with a focus on the competitive landscape and includes profiles of the major vendors.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $904.7 million
Market size forecast $1.3 billion
Growth rate CAGR of 6.8% during the forecast period of 2023-2028
Units considered $ Millions and Million Tons
Segments covered By Type, Application, and Region
Regions covered North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa (MEA)
Countries covered U.S., Canada, Mexico, Brazil, China, India, Japan, Italy, Germany, France, U.K., South Africa, and Saudi Arabia
Key Market Drivers
  • Growing Market for Alternative Proteins
  • Growing Animal Feed Industry
  • Increasing Demand for Dietary Supplements
Companies studied
ALGENUITYALGENOL BIOTECH LLC.
ALLMICROALGAE - NATURAL PRODUCTS S.A.ARIZONA ALGAE PRODUCTS LLC.
CERES BIOTICS TECH S.L.CORBION N.V.
DIC CORP.E.I.D. PARRY
EARTHRISE NUTRITIONALS LLCFAR EAST BIO-TEC CO. LTD.
NUTREX HAWAIISEAWEED & CO.
SUN CHLORELLA CORP.TIANJIN NORLAND BIOTECH CO. LTD.
TRITON ALGAE INNOVATIONS LTD.YUNNAN GREEN A BIOLOGICAL PROJECT CO. LTD.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW

Frequently Asked Questions (FAQs)

The global algae & seaweed protein market was valued at $904.7 million in 2022 and is expected to reach $1.3 billion by 2028, growing at a CAGR of 6.8% from 2023 to 2028.
The key factors driving the growth of the Algae & Seaweed Protein market include.
  • Growing Market for Alternative Proteins.
  • Growing Animal Feed Industry.
  • Increasing Demand for Dietary Supplements.
The Algae & Seaweed Protein market is segmented based on type, application, and region.
Microalgae segment will dominate the market by the end of 2028.
Key companies in the market includes DIC Corp., Algenuity Ltd., EID Parry (India) Ltd., and Corbion N.V.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Algae and Seaweed Protein Market128Free
Chapter- 1: Introduction9Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Industry Overview14Free
Chapter- 4: ESG Perspective4Free
Chapter- 5: Market Dynamics11Free
Chapter- 6: Market Breakdown by Type9Free
Chapter- 7: Market Breakdown by Application10Free
Chapter- 8: Market Breakdown by Region46Free
Chapter- 9: Patent Review6Free
Chapter- 10: Competitive Landscape2Free
Chapter- 11: Company Profiles14Free
Chapter- 12: Appendix: Abbreviations1Free

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Global Algae and Seaweed Protein Market
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