Algae Protein Market Size & Share, by Product (Spirulina, Chlorella); Source (Freshwater, Marine Water); Application (Dietary Supplements, Food Product, Animal Feed) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4734
  • Published Date: Mar 16, 2023
  • Report Format: PDF, PPT

Companies Dominating the Algae Protein Landscape

top-features-companies
    • Corbion
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Cyanotech Corporation
    • Earthrise Nutritionals LLC
    • Roquette Frères
    • Heliae Development, LLC
    • Allmicroalgae
    • ENERGYbits Inc.
    • Thermo Fisher Scientific Inc.
    • Pond Tech
    • ALGAMA

     


Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • An update on its partnership with Livalta, an AB Agri firm and a subsidiary of Associated British Foods, was provided by Pond Tech, an ESG company addressing global sustainability concerns of wellness and climate change. At AB Agri's British Sugar factory in Wissington, UK, Pond stated that the installation of an algae lab and several Pond-designed algae bioreactors had been completed.

  •  In order to produce sustainable, delectable, and nutrient-dense plant-based goods, Nestlé and Corbion have partnered to create the next generation of microalgae-based ingredients. In order to create innovative plant-based goods, they were actively investigating the utilization of microalgae as a substitute protein and micronutrient source. They anticipated that their collaboration with Corbion would enable them to innovate across our several product categories by utilizing delicious, nutrient-rich ingredients derived from microalgae.


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4734
  • Published Date: Mar 16, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing food system crisis, rise in population, surge in vegan population, and others.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023-2035.

Presence of substitute, high cost for algae products, and sensitive production for algae protein estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Corbion, Cyanotech Corporation, Earthrise Nutritionals LLC, Roquette Frères, and more.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, source, application and by region.

The food product segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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