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Seaweed Protein Market

The global seaweed protein market was valued at USD 472.79 million in 2022 and is expected to reach USD 1,554.56 million in 2030, with a CAGR of 14.15% during the forecast period 2023-2030.

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Seaweed Protein Market

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  1. Seaweed Protein Market

  2. Seaweed protein is derived from various types of marine algae and is increasingly recognized as a sustainable and nutritious alternative protein source. Rich in essential amino acids, vitamins, and minerals, seaweed protein offers a viable solution to address the growing demand for plant-based protein in the food and beverage industry. • This versatile ingredient not only caters to the rising trend of plant-based diets but also aligns with corporate sustainability goals, making it a strategic choice for businesses aiming to capture a share of the rapidly expanding market for eco-friendly and health-conscious food options. Download Sample PDF

  3. Market Drivers Growing consumer demand for sustainable and plant-based protein sources is propelling the seaweed protein market. 1 The growing adoption of vegan and plant-based diets contributes to the expanding market for baked chips. 2 2 2

  4. On the basis of application, the sub-markets include food, animal feed, cosmetics and personal care, and others. • On the basis of source, the sub-markets include red seaweed, green seaweed, and brown seaweed. Market Segmentation 1 2

  5. Segmentation by Region

  6. Leading Market Players • CP Kelco U.S., Inc. • Cargill, Incorporated • Qingdao Gather Great Ocean Algae Industry Group CO., LTD • AtSeaNova • ALGAIA • Gelymar • ASL • Qingdao Seawin Biotech Group Co., Ltd. • Seasol • Compo Expert GmBH

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