Global Algal Protein Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

Algal protein is the protein derived from several algae grown in both marines as well as fresh waters. Marine algal protein is majorly derived from seaweeds and is widely used as a substitute for animal protein such as whey protein. The algal protein derived from marine waters consists of about 60% protein by weight which is high when compared to animal protein. The Algal Protein market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Algal Protein market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Algal Protein Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Algal Protein market are: Rainbow Light Nutritional Systems, Inc Cyanotech Corporation CORBION(TerraVia) Cellana Inc Nutrex Hawaii Inc. Heliae Development Earthrise Nutritionals LLC Most important types of Algal Protein products covered in this report are: Spirulina Chlorella Others Most widely used downstream fields of Algal Protein market covered in this report are: Food and beverages Nutritional and dietary supplements Animal feed Cosmetics & personal care products. Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.