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Algae Protein Market

Algae are aquatic plants that contain chlorophyll but lack vascular tissue, roots, true stems and leaves.Itcan be found in both freshwater and saltwater. Major types of algae includes red algae, green algae, and blue green algae.

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Algae Protein Market

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  2. Algae Protein Market According to a new report published by Allied Market Research, titled, “algae protein market by type, and application: global opportunity analysis and industry forecast, 2021–2028,” the algae protein market size was $361.4 million in 2020, and is projected reach $709.0 million by 2028, registering a CAGR of 8.9% from 2021 to 2028. Algae protein can be alternative source of protein and is expected to witness increased adoption in upcoming years. Industrialized animal agriculture results multitude of problems including negative impact on environment. Animal husbandry is a leading contributor to a number of global issues, including deforestation, climate change, biodiversity loss, pollution, antibiotic resistance, soil erosion and degradation, water overuse, and zoonotic diseases. Livestock contributes both directly and indirectly to climate change through emissions of green hose gases such as N2O, CO2, and CH4. As a result, alternative proteins sourced from algae have immense potential to create food products that are healthier and more ecologically sustainable. Download Report Sample

  3. Algae Protein Market Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/13069 Frontrunners in the industry- Cyanotech Corporation C.B.N. Bio-engineering Co., Ltd Far East Microalgae Industries, Co., Ltd. Fuqing King Dnarmsa Spirulina Co., ltd. Gong Bih Enterprise Co., Ltd. Algenol biotech Sun Chlorella Corporation NB Laboratories Taiwan Chlorella Manufacturing Company Ltd Tianjin Norland Biotech Co., Ltd Download Report Sample

  4. Algae Protein Market The global algae protein market is segmented on the basis of type, application, and region. On the basis of type, the global algae market is segmented to spirulina and chlorella. Spirulina dominates the global algae protein market share. Spirulina have higher protein content than Chlorella and associated with myriad of health benefits, including but not limited to improvement in blood sugar management and lower risk factors for heart disease. By application, thenutraceuticals/supplements segment leads in terms of market share, and is expected to retain its dominance throughout the forecast period. High protein density of spirulina and chlorella have resulted in increased adoption ofdietary supplements.Growth in population coupled with increase in nourishment demand for essential supplement including proteins to boost the demand for algae protein in nutraceutical and supplement segment. Furthermore, increased demand of alternative proteins from vegan population will further propel algae protein market demand and expansion. Download Report Sample

  5. Algae Protein Market Based on region the global algae protein market is studied across, North America, Europe, Asia-Pacific and LAMEA. High product awareness and increasing vegan population in North America and Europe have resulted in increased demand for alternative protein including algae protein. Nevertheless, the Asia-pacific region is likely to gain market share in upcoming years with demand arising from China, Japan and India. Purchase this Report (Price 6,169 USD for single user license): https://www.alliedmarketresearch.com/purchase-enquiry/13069 Key Findings Of The Study By region, North America dominates the global algae protein market, and is expected to retain its dominance during the forecast period. By type, the spirulina segment led in terms of market share, in 2020; and is expected to grow with robust CAGR in the upcoming years. By application, the nutraceuticals/supplements segment accounted for more than four-fifths of the market share of the algae protein market in 2020; and is projected to grow at the highest CAGR during the forecast period. By type, the chlorella segment is expected to lose some market share in the upcoming years. Download Report Sample

  6. Algae Protein Market Covid-19 scenario- Algae protein industry is positively impacted by the pandemic, owing to increased health consciousness among consumers. First few months of the COVID-19 pandemic had disrupted supply chains for the algae protein industry. Online sales channels have gained high traction in the last year as a result, players operating in the industry are strengthening their digital presence. COVID-19 have altered consumer behavior with more consumer transitioning toward vegetarian and vegan diet resulting in increased adoption of alternative proteins such as algae protein. COVID-19 has caused widespread disruption across regions, resulting in consumer behavioral changes. As a result, operating players in the industry are recalibrating their consumer segment, establishing product portfolio, prioritizing on omnichannel approach, repositioning their brands, and deploying new service models Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/13069 Download Report Sample

  7. Algae Protein Market About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Download Report Sample

  8. Algae Protein Market Contact Us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research Download Report Sample

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