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Algae Protein Market - Global Industry Analysis

Algae Protein Market: by Product (Spirulina, Chlorella, and Others), By Source (Freshwater and Marine) and Source (Dietary Supplements, Food Products, Animal Feed, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Published Date: 19-Nov-2019 Category: Food & Beverage Report Format : PDF Pages: 110 Report Code: ZMR-5076 Status : Published

Global algae protein market was valued at 650 USD Million in 2018 and is anticipated to be valued at 1043.8 USD Million at a CAGR of 6.1%.

Description

The global algae protein market was valued at 650 USD Million in 2018 and is anticipated to be valued at 1043.8 USD Million at a CAGR of 6.1%. The global algae protein market report covers forecast and analysis on a global as well as regional level. The study presents an in-depth valuation of the market, opportunities, rivalry, emerging trends, and industry-validated market statistics. The report offers notable data from 2016 to 2018 along with estimation from 2019 to 2026 based revenue (USD Million).

Algae, particularly blue-green & green algae contain a high level of protein around 40 to 60%, which can be used as a functional food ingredient. Algae protein is used to promote weight loss reduce fatigue and anxiety, premenstrual heart diseases, and other health problems. Increasing demand for plant-based protein owing to the shifting of consumers towards vegan diet is bolstering the market growth. Enhancement in nutrition coupled with positive effect on the immune system and other health benefits is fueling the market value. Rising concerns regarding health and fitness, especially among millennial across the world is further paving the way for the global algae protein market growth.

Based on the product, the global algae protein market has been classified into spirulina, chlorella, and others. Spirulina has accredited for the largest market in terms of revenue in 2018. Spirulina is a rich source of protein among all plant-based foods. Moreover, it also has remarkable characteristics such as low nucleic acid, easy digestibility, and a high concentration of minerals and vitamins. Hence, the segment is contributing to the growth of the market.

The global algae protein market is categorized into freshwater and marine on the basis of the source. In the global algae protein market, the freshwater algae segment has accounted for the largest share in 2018. Manufacturers are consistently cultivating algae in ponds and photo bioreactors, especially using freshwater. The segment is further anticipated to continue its dominance over the forecast period.

Based on the application, the global algae protein market has been classified into dietary supplements, food products, animal feed, and others. The food products segment is further classified into bakery & confectionery, beverages, breakfast cereals, sauces, dressings & spreads, snacks, and others. The dietary supplements segment has dominated the market value over the years. Rising consumption of plants-based dietary supplements, especially in the U.S. owing to the expanding nutraceuticals industry is fueling the segment growth.

Based on the region, North America accounted for the largest market share over the years. Increasing consumption of dietary supplements and healthy foods coupled with rising awareness regarding health and wellness is boosting the regional market growth. Expansion of marine culture in Europe has positively affected the market growth. Growing aquaculture in countries such as Denmark, Norway, and Ireland has boosted the demand for the product over the years. The Asia-pacific market is expected to show remarkable growth over the forecast timeframe owing to rising exports and domestic demand for plant-based ingredients. Moreover, growing pharmaceutical, animal feed, cosmetics, and food and beverage industries in the region are anticipated to accelerate the market growth in the next few years.

The global algae protein market is fused with major players including Vimergy LLC, Prairie Naturals, NOW Foods, Rainbow Light, ENERGYbits Inc., E.I.D. - Parry Limited, Far East Bio-Tec Co., Ltd., Earthrise Nutritional, Cyanotech Corporation, and Corbion among others. The major tactics implemented by these leading companies in the market are mergers & acquisitions, new product launches, and partnerships. These companies are focusing more on making an investment in collaborations, innovations, and expansions to increase their market share.

This report segments the global cannabis concentrates market as follows:

Global Algae Protein Market: Product Segment Analysis

  • Spirulina
  • Chlorella
  • Others

Global Algae Protein Market: Source Segment Analysis

  • Freshwater
  • Marine

Global Algae Protein Market: Application Segment Analysis

  • Dietary Supplements
  • Food Products
  • Animal Feed
  • Others

Global Algae Protein Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Algae Protein Market, 2016-2026 (USD Million)
    • 2.2. Algae Protein Market: Snapshot
  • Chapter 3. Algae Protein Market - Industry Analysis
    • 3.1. Algae Protein Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing demand for plant-based protein owing to shifting of consumers towards a vegan diet
      • 3.2.2. Enhancement in the nutrition coupled with a positive effect on the immune system
    • 3.3. Restraints
      • 3.3.1. Ascending demand for other sources of protein
    • 3.4. Opportunity
      • 3.4.1. Rising concerns regarding health and fitness, especially among millennial across the world
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis By Product
      • 3.6.2. Market attractiveness analysis By Source
      • 3.6.3. Market attractiveness analysis By Application
      • 3.6.4. Market attractiveness analysis by Region
  • Chapter 4. Algae Protein Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Algae Protein Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Algae Protein Market -Product Analysis
    • 5.1. Global Algae Protein Market overview: By Product type
      • 5.1.1. Global Algae Protein Market share, By Product,2018 and 2025
    • 5.2. Spirulina
      • 5.2.1. Global Algae Protein Market by Spirulina, 2016-2026 (USD Million)
    • 5.3. Chlorella
      • 5.3.1. Global Algae Protein Market by Chlorella, 2016-2026 (USD Million)
    • 5.4. Others
      • 5.4.1. Global Algae Protein Market by Others, 2016-2026 (USD Million)
  • Chapter 6. Global Algae Protein Market -Source Analysis
    • 6.1. Global Algae Protein Market overview: By Source
      • 6.1.1. Global Algae Protein Market share, By Source, 2018 and 2025
    • 6.2. Freshwater
      • 6.2.1. Global Algae Protein Market By Freshwater, 2016-2026 (USD Million)
    • 6.3. Marine
      • 6.3.1. Global Algae Protein Market By Marine, 2016-2026 (USD Million)
    • 6.4. Others
      • 6.4.1. Global Algae Protein Market by Other Sources, 2016-2026 (USD Million)
  • Chapter 7. Global Algae Protein Market -Application Analysis
    • 7.1. Global Algae Protein Market overview: By Application
      • 7.1.1. Global Algae Protein Market share, By Application, 2018 and 2025
    • 7.2. Dietary Supplements
      • 7.2.1. Global Algae Protein Market by Dietary Supplements, 2016-2026 (USD Million)
    • 7.3. Food Products
      • 7.3.1. Global Algae Protein Market by Food Products, 2016-2026 (USD Million)
    • 7.4. Animal Feed
      • 7.4.1. Global Algae Protein Market by Animal Feed, 2016-2026 (USD Million)
    • 7.5. Others
      • 7.5.1. Global Algae Protein Market by Others, 2016-2026 (USD Million)
  • Chapter 8. Global Algae Protein Market - Regional Analysis
    • 8.1. Global Algae Protein Market Overview: by Region
      • 8.1.1. Global Algae Protein Market share, by Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Algae Protein Market, 2016-2026 (USD Million)
      • 8.2.2. North America Algae Protein Market revenue, By Product,2016-2026 (USD Million)
      • 8.2.3. North America Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
      • 8.2.4. North America Algae Protein Market Revenue, By Application, 2016-2026 (USD Million)
      • 8.2.5. U.S.
        • 8.2.5.1. U.S. Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.2.5.2. U.S. Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.2.5.3. U.S. Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.2.6.2. Rest of North America Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.2.6.3. Rest of North America Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Algae Protein Market, 2016-2026 (USD Million)
      • 8.3.2. Europe Algae Protein Market revenue, By Product,2016-2026 (USD Million)
      • 8.3.3. Europe Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
      • 8.3.4. Europe Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. U.K. Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.3.5.2. U.K. Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.3.5.3. U.K. Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.3.6.2. France Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.3.6.3. France Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.3.7.2. Germany Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.3.7.3. Germany Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of Europe Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.3.8.2. Rest of Europe Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.3.8.3. Rest of Europe Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Algae Protein Market, 2016-2026 (USD Million)
      • 8.4.2. Asia Pacific Algae Protein Market revenue, By Product,2016-2026 (USD Million)
      • 8.4.3. Asia Pacific Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
      • 8.4.4. Asia Pacific Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.4.5.2. China Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.4.5.3. China Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.4.6.2. Japan Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.4.6.3. Japan Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.4.7.2. India Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.4.7.3. India Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Algae Protein Market, 2016-2026 (USD Million)
      • 8.5.2. Latin America Algae Protein Market revenue, By Product,2016-2026 (USD Million)
      • 8.5.3. Latin America Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
      • 8.5.4. Latin America Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.5.5.2. Brazil Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.5.5.3. Brazil Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
      • 8.5.6. Rest of Latin America
        • 8.5.6.1. Rest of Latin America Algae Protein Market revenue, By Product,2016-2026 (USD Million)
        • 8.5.6.2. Rest of Latin America Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
        • 8.5.6.3. Rest of Latin America Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Algae Protein Market, 2016-2026 (USD Million)
      • 8.6.2. The Middle East and Africa Algae Protein Market revenue, By Product,2016-2026 (USD Million)
      • 8.6.3. The Middle East and Africa Algae Protein Market revenue, By Source, 2016-2026 (USD Million)
      • 8.6.4. The Middle East and Africa Algae Protein Market revenue, By Application, 2016-2026 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1. Vimergy LLC
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Prairie Naturals
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. NOW Foods
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Rainbow Light
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. ENERGYbits Inc.
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. E.I.D. - Parry Limited
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Far East Bio-Tec Co., Ltd.
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. Earthrise Nutritional
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. Cyanotech Corporation
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Others
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development

List of Figures

1. Market research process
2. Market research methodology
3. Global Algae Protein Market, 2016–2026 (USD Million)
4. Porter’s Five Forces Analysis
5. Global Algae Protein Market attractiveness, By Product 
6. Global Algae Protein Market attractiveness, By Source
7. Global Algae Protein Market attractiveness, By Application
8. Global Algae Protein Market share, By Product, 2018 and 2026
9. Global Algae Protein Market by Spirulina, 2016–2026 (USD Million)
10. Global Algae Protein Market by Chlorella,2016–2026 (USD Million)
11. Global Algae Protein Market by Others,2016–2026 (USD Million)
12. Global Algae Protein Market share, By Source, 2018 and 2026
13. Global Algae Protein Market By Freshwater, 2016–2026 (USD Million)
14. Global Algae Protein Market By Marine, 2016–2026 (USD Million)
15. Global Algae Protein Market share, By Application, 2018 and 2026
16. Global Algae Protein Market by Dietary Supplements, 2016–2026 (USD Million)
17. Global Algae Protein Market by Food Products, 2016–2026 (USD Million)
18. Global Algae Protein Market by Animal Feed, 2016–2026 (USD Million)
19. Global Algae Protein Market by Others, 2016–2026 (USD Million)
20. Global Algae Protein Market share, by Region, 2018 and 2026
21. North America Algae Protein Market, 2016–2026 (USD Million)
22. Europe Algae Protein Market, 2016–2026 (USD Million)
23. Asia Pacific Algae Protein Market, 2016–2026 (USD Million)
24. Latin America Algae Protein Market, 2016–2026 (USD Million)
25. The Middle East and Africa Algae Protein Market, 2016–2026 (USD Million)


List of Tables

1. Global Algae Protein Market: snapshot
2. Drivers of the Algae Protein Market: impact analysis
3. Restraints of the Algae Protein Market: impact analysis
4. North America Algae Protein Market revenue, By Product,2016–2026 (USD Million)
5. North America Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
6. North America Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
7. U.S. Algae Protein Market revenue, By Product,2016–2026 (USD Million)
8. U.S. Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
9. U.S. Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
10. Rest of North America Algae Protein Market revenue, By Product, 2016–2026 (USD Million)
11. Rest of North America Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
12. Rest of North America Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
13. Europe Algae Protein Market revenue, By Product,2016–2026 (USD Million)
14. Europe Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
15. Europe Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
16. U.K. Algae Protein Market revenue, By Product,2016–2026 (USD Million)
17. U.K. Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
18. U.K. Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
19. France Algae Protein Market revenue, By Product,2016–2026 (USD Million)
20. France Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
21. France Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
22. Germany Algae Protein Market revenue, By Product,2016–2026 (USD Million)
23. Germany Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
24. Germany Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
25. Rest of Europe Algae Protein Market revenue, By Product,2016–2026 (USD Million)
26. Rest of Europe Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
27. Rest of Europe Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
28. Asia Pacific Algae Protein Market revenue, By Product,2016–2026 (USD Million)
29. Asia Pacific Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
30. Asia Pacific Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
31. China Algae Protein Market revenue, By Product,2016–2026 (USD Million)
32. China Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
33. China Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
34. Japan Algae Protein Market revenue, By Product,2016–2026 (USD Million)
35. Japan Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
36. Japan Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
37. India Algae Protein Market revenue, By Product,2016–2026 (USD Million)
38. India Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
39. India Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
40. Rest of Asia Pacific Algae Protein Market revenue, By Product,2016–2026 (USD Million)
41. Rest of Asia Pacific Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
42. Rest of Asia Pacific Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
43. Latin America Algae Protein Market revenue, By Product,2016–2026 (USD Million)
44. Latin America Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
45. Latin America Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
46. Brazil Algae Protein Market revenue, By Product,2016–2026 (USD Million)
47. Brazil Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
48. Brazil Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
49. Rest of Latin America Algae Protein Market revenue, By Product,2016–2026 (USD Million)
50. Rest of Latin America Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
51. Rest of Latin America Algae Protein Market revenue, By Application, 2016–2026 (USD Million)
52. The Middle East and Africa Algae Protein Market revenue, By Product,2016–2026 (USD Million)
53. The Middle East and Africa Algae Protein Market revenue, By Source, 2016–2026 (USD Million)
54. The Middle East and Africa Algae Protein Market revenue, By Application, 2016–2026 (USD Million)

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