Algae Protein Market Forecast & Future Industry Trends 2021

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Algae Protein Market By Geography - Market
Forecast (2016-2021)
Published Date 07 January, 2016 No of Pages
156 Single User Price 5250
Algae Protein Market Future Forecast Trends
2021
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• Algae proteins are the protein extracts derived
  from algae by harvesting, extracting, drying and
  purifying seawater algae.
• They cater to various needs in food beverages,
  animal husbandry and health personal care.
• Algae proteins are graining prominence as
  alternative plant protein owing to its balanced
  proportions of all the amino acids.
• These are now competing with other plant-based
  protein such as soy, pea-protein, wheat and
  canola.
• The main drivers of this market are the positive
  effects on the immune system and its attributes
  for improving the nutrient content of the food..
• Driven by the increasing availability of the
  functional and nutritional foods, the global
  algae protein market is estimated to cross XXm,
  growing at a CAGR of XX during 2016-2021.

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• On the basis of type, the market is segmented
  into Spirulina and Chlorella.
• On the basis of applications it is segmented into
  its major uses in dietary supplements, animal
  feed and food items such as bakery
  confectionary, dairy products, meat substitute
  and packaged goods.
• Algae Protein Market
• The overall market is also presented from the
  perspective of different geographic regions and
  the key countries in each region.
• Europe was the dominant market in 2015 due to
  high research into the growth and cheaper methods
  of preparation of the protein from the algae.
• In the APAC region, India and China have been
  dominating the market owing to increasing
  consumer awareness regarding and health benefits
  of protein.
• Ethical and traditional beliefs of consumers for
  not using animal based products also opens
  opportunity for growth of algae protein market in
  APAC region.

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• Major companies operating in this market include
• Terravia (U.S.)
• Nutrex Hawaii Inc. (U.S.)
• Cyanotech Corporation (U.S.)
• Allma (Portugal)
• Helilae Development LLC (U.S.)
• Far East Bio-Tech Co. (Taiwan)
• Rainbow Light Nutritional Systems (U.S.).
• Other players in this market include
• EarthRiseNutritionals (U.S.)
• Energy Bits (U.S.)
• Myanmar Spirulina Factory (Myanmar)
• Klotze (Germany)

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Algae Protein Market By Geography - Market
Forecast (2016-2021)
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Algae Protein Market and future opportunities
are provided in the report.
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Market Report