Algae Protein market

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2. 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. Drivers, restraints, and opportunities- 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. • Algae Protein Market Download Report Sample

3. 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 DnarmsaSpirulina Co. ltd. • Gong Bih Enterprise Co. Ltd. • Algenol biotech • Sun Chlorella Corporation • NB Laboratories • Taiwan Chlorella Manufacturing Company Ltd • Tianjin Norland Biotech Co. Ltd • Algae Protein Market Download Report Sample

4. Algae Protein Market Segment review The global algae protein market is segmented on the basis of type, application, and region. By type, the market is bifurcated into spirulina and chlorella. 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, the nutraceuticals/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 ofdietarysupplements.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. 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/checkout-final/9f582c561fbbf6ec6cf5af10c880cf0d • Key findings of the study • The report provides an extensive analysis of the current and emerging algae protein markettrends and opportunities. • The report provides detailed qualitative and quantitative analysis of the currenttrends and future estimations that help evaluate the prevailing algae protein market opportunities in the market. • The algae protein marketforecast is offered along with information related to key drivers, restraints, and opportunities. • The algae protein market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework. • Algae Protein Market Download Report Sample

6. COVID-19 Impact Analysis • 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 • Algae Protein Market Download Report Sample

7. 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. Algae Protein Market Download Report Sample

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