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NEW YORK , April 1, 2022 /PRNewswire/ -- The algae protein market potential growth difference will reach USD 171.7 million, as per the latest market analysis report by Technavio. The report also predicts the market to witness an accelerating growth momentum at a CAGR of 7.75% from 2021 to 2026. Growing demand for nutritious food and beverages, increasing awareness about the health benefits of algae protein, and high protein concentration when compared to alternatives will offer immense growth opportunities. However, stringent regulations may impede the market growth.
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Algae Protein Market Segment Highlights
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Algae Protein Market Vendor Landscape
The algae protein market is fragmented and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market. The market is fragmented because of the presence of several international and domestic vendors. Companies are engaging in launching innovative products and solutions for strengthening their position in the market. For instance, Corbion NV offers AlgaPrimeTM DHA that brings the amazing power of algae to the aquaculture industry with a traceable, sustainable, high-quality alternative to fish oil.
Top Algae Protein Market Vendors covered in this report are:
View Report Snapshot to Learn more about the vendors and their strategic initiatives
Algae Protein Market Scope Technavio categorizes the global algae protein market as a part of the global packaged foods and meats market. Our report provides extensive information on the value chain analysis for the algae protein market, which vendors can leverage to gain a competitive advantage during the forecast period.
The report also covers the following areas:
Plant Based Protein Products Market by Product and Geography - Forecast and Analysis 2021-2025
Accelerate at a CAGR of 7.75%
Europe, North America, APAC, South America, and Middle East and Africa
US, China, India, France, and Ireland
Leading companies, competitive strategies, consumer engagement scope
Corbion NV, Cyanotech Corp., DIC Corp., Duplaco BV, E.I.D. Parry India Ltd., ENERGYbits Inc., Far East Bio Tec Co. Ltd., Fuqing King Dnarmsa Spirulina Co. Ltd., JUNE Group of Companies, Natures Power Nutraceuticals Corp., NOW Health Group Inc., Phycom BV, Prolgae Spirulina Supplies Pvt. Ltd., Roquette Klotze GmbH and Co. KG, Seagrass Tech Pvt. Ltd., Tianjin Norland Biotech Co. Ltd, Triton, Vimergy LLC, Yunnan Green A Biological Project Co. Ltd., and Zhejiang Binmei Biotechnology Co. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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