Algae is a sustainable protein source, especially compared to traditional animal protein sources that significantly contribute to climate change. The algae proteins, both seaweed and microalgae, are extracted from the algae by various acidic, alkaline, and aqueous processes.
The global Algae Based Alternative Protein market was valued at US$ 57 million in 2023 and is anticipated to reach US$ 67 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
North American market for Algae Based Alternative Protein is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Algae Based Alternative Protein is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Algae Based Alternative Protein include DIC, Japan Algae, Parry Nutraceuticals, Ozone Naturals, EcoFuel Laboratories, Nan Pao International Biotech, King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology and Wuli Lvqi, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Algae Based Alternative Protein, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Algae Based Alternative Protein.
Report Scope
The Algae Based Alternative Protein market size, estimations, and forecasts are provided in terms of sales volume (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Algae Based Alternative Protein market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Algae Based Alternative Protein manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
DIC
Japan Algae
Parry Nutraceuticals
Ozone Naturals
EcoFuel Laboratories
Nan Pao International Biotech
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Wuli Lvqi
Zeoes Biotech
Norland
Brevel
Triton
Arizona Algae Products
Allmicroalgae - Natural Products S.A.
Corbion N.V.
Cyanotech Corporation
Duplaco B.V.
Segment by Type
Spirulina Protein
Chlorella Protein
Others
Segment by Application
Dietary Supplement
Animal Feed
Medicine
Others
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Algae Based Alternative Protein manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Algae Based Alternative Protein in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
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1 Algae Based Alternative Protein Market Overview
1.1 Product Overview and Scope of Algae Based Alternative Protein
1.2 Algae Based Alternative Protein Segment by Type
1.2.1 Global Algae Based Alternative Protein Market Value Comparison by Type (2024-2030)
1.2.2 Spirulina Protein
1.2.3 Chlorella Protein
1.2.4 Others
1.3 Algae Based Alternative Protein Segment by Application
1.3.1 Global Algae Based Alternative Protein Market Value by Application: (2024-2030)
1.3.2 Dietary Supplement
1.3.3 Animal Feed
1.3.4 Medicine
1.3.5 Others
1.4 Global Algae Based Alternative Protein Market Size Estimates and Forecasts
1.4.1 Global Algae Based Alternative Protein Revenue 2019-2030
1.4.2 Global Algae Based Alternative Protein Sales 2019-2030
1.4.3 Global Algae Based Alternative Protein Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Algae Based Alternative Protein Market Competition by Manufacturers
2.1 Global Algae Based Alternative Protein Sales Market Share by Manufacturers (2019-2024)
2.2 Global Algae Based Alternative Protein Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Algae Based Alternative Protein Average Price by Manufacturers (2019-2024)
2.4 Global Algae Based Alternative Protein Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Algae Based Alternative Protein, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Algae Based Alternative Protein, Product Type & Application
2.7 Algae Based Alternative Protein Market Competitive Situation and Trends
2.7.1 Algae Based Alternative Protein Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Algae Based Alternative Protein Players Market Share by Revenue
2.7.3 Global Algae Based Alternative Protein Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Algae Based Alternative Protein Retrospective Market Scenario by Region
3.1 Global Algae Based Alternative Protein Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Algae Based Alternative Protein Global Algae Based Alternative Protein Sales by Region: 2019-2030
3.2.1 Global Algae Based Alternative Protein Sales by Region: 2019-2024
3.2.2 Global Algae Based Alternative Protein Sales by Region: 2025-2030
3.3 Global Algae Based Alternative Protein Global Algae Based Alternative Protein Revenue by Region: 2019-2030
3.3.1 Global Algae Based Alternative Protein Revenue by Region: 2019-2024
3.3.2 Global Algae Based Alternative Protein Revenue by Region: 2025-2030
3.4 North America Algae Based Alternative Protein Market Facts & Figures by Country
3.4.1 North America Algae Based Alternative Protein Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Algae Based Alternative Protein Sales by Country (2019-2030)
3.4.3 North America Algae Based Alternative Protein Revenue by Country (2019-2030)
3.4.4 United States
3.4.5 Canada
3.5 Europe Algae Based Alternative Protein Market Facts & Figures by Country
3.5.1 Europe Algae Based Alternative Protein Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Algae Based Alternative Protein Sales by Country (2019-2030)
3.5.3 Europe Algae Based Alternative Protein Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Algae Based Alternative Protein Market Facts & Figures by Country
3.6.1 Asia Pacific Algae Based Alternative Protein Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Algae Based Alternative Protein Sales by Country (2019-2030)
3.6.3 Asia Pacific Algae Based Alternative Protein Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Algae Based Alternative Protein Market Facts & Figures by Country
3.7.1 Latin America Algae Based Alternative Protein Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Algae Based Alternative Protein Sales by Country (2019-2030)
3.7.3 Latin America Algae Based Alternative Protein Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Algae Based Alternative Protein Market Facts & Figures by Country
3.8.1 Middle East and Africa Algae Based Alternative Protein Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Algae Based Alternative Protein Sales by Country (2019-2030)
3.8.3 Middle East and Africa Algae Based Alternative Protein Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Algae Based Alternative Protein Sales by Type (2019-2030)
4.1.1 Global Algae Based Alternative Protein Sales by Type (2019-2024)
4.1.2 Global Algae Based Alternative Protein Sales by Type (2025-2030)
4.1.3 Global Algae Based Alternative Protein Sales Market Share by Type (2019-2030)
4.2 Global Algae Based Alternative Protein Revenue by Type (2019-2030)
4.2.1 Global Algae Based Alternative Protein Revenue by Type (2019-2024)
4.2.2 Global Algae Based Alternative Protein Revenue by Type (2025-2030)
4.2.3 Global Algae Based Alternative Protein Revenue Market Share by Type (2019-2030)
4.3 Global Algae Based Alternative Protein Price by Type (2019-2030)
5 Segment by Application
5.1 Global Algae Based Alternative Protein Sales by Application (2019-2030)
5.1.1 Global Algae Based Alternative Protein Sales by Application (2019-2024)
5.1.2 Global Algae Based Alternative Protein Sales by Application (2025-2030)
5.1.3 Global Algae Based Alternative Protein Sales Market Share by Application (2019-2030)
5.2 Global Algae Based Alternative Protein Revenue by Application (2019-2030)
5.2.1 Global Algae Based Alternative Protein Revenue by Application (2019-2024)
5.2.2 Global Algae Based Alternative Protein Revenue by Application (2025-2030)
5.2.3 Global Algae Based Alternative Protein Revenue Market Share by Application (2019-2030)
5.3 Global Algae Based Alternative Protein Price by Application (2019-2030)
6 Key Companies Profiled
6.1 DIC
6.1.1 DIC Corporation Information
6.1.2 DIC Description and Business Overview
6.1.3 DIC Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.1.4 DIC Algae Based Alternative Protein Product Portfolio
6.1.5 DIC Recent Developments/Updates
6.2 Japan Algae
6.2.1 Japan Algae Corporation Information
6.2.2 Japan Algae Description and Business Overview
6.2.3 Japan Algae Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Japan Algae Algae Based Alternative Protein Product Portfolio
6.2.5 Japan Algae Recent Developments/Updates
6.3 Parry Nutraceuticals
6.3.1 Parry Nutraceuticals Corporation Information
6.3.2 Parry Nutraceuticals Description and Business Overview
6.3.3 Parry Nutraceuticals Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Parry Nutraceuticals Algae Based Alternative Protein Product Portfolio
6.3.5 Parry Nutraceuticals Recent Developments/Updates
6.4 Ozone Naturals
6.4.1 Ozone Naturals Corporation Information
6.4.2 Ozone Naturals Description and Business Overview
6.4.3 Ozone Naturals Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Ozone Naturals Algae Based Alternative Protein Product Portfolio
6.4.5 Ozone Naturals Recent Developments/Updates
6.5 EcoFuel Laboratories
6.5.1 EcoFuel Laboratories Corporation Information
6.5.2 EcoFuel Laboratories Description and Business Overview
6.5.3 EcoFuel Laboratories Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.5.4 EcoFuel Laboratories Algae Based Alternative Protein Product Portfolio
6.5.5 EcoFuel Laboratories Recent Developments/Updates
6.6 Nan Pao International Biotech
6.6.1 Nan Pao International Biotech Corporation Information
6.6.2 Nan Pao International Biotech Description and Business Overview
6.6.3 Nan Pao International Biotech Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Nan Pao International Biotech Algae Based Alternative Protein Product Portfolio
6.6.5 Nan Pao International Biotech Recent Developments/Updates
6.7 King Dnarmsa Spirulina
6.6.1 King Dnarmsa Spirulina Corporation Information
6.6.2 King Dnarmsa Spirulina Description and Business Overview
6.6.3 King Dnarmsa Spirulina Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.4.4 King Dnarmsa Spirulina Algae Based Alternative Protein Product Portfolio
6.7.5 King Dnarmsa Spirulina Recent Developments/Updates
6.8 Zhejiang Binmei Biotechnology
6.8.1 Zhejiang Binmei Biotechnology Corporation Information
6.8.2 Zhejiang Binmei Biotechnology Description and Business Overview
6.8.3 Zhejiang Binmei Biotechnology Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Zhejiang Binmei Biotechnology Algae Based Alternative Protein Product Portfolio
6.8.5 Zhejiang Binmei Biotechnology Recent Developments/Updates
6.9 Wuli Lvqi
6.9.1 Wuli Lvqi Corporation Information
6.9.2 Wuli Lvqi Description and Business Overview
6.9.3 Wuli Lvqi Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Wuli Lvqi Algae Based Alternative Protein Product Portfolio
6.9.5 Wuli Lvqi Recent Developments/Updates
6.10 Zeoes Biotech
6.10.1 Zeoes Biotech Corporation Information
6.10.2 Zeoes Biotech Description and Business Overview
6.10.3 Zeoes Biotech Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Zeoes Biotech Algae Based Alternative Protein Product Portfolio
6.10.5 Zeoes Biotech Recent Developments/Updates
6.11 Norland
6.11.1 Norland Corporation Information
6.11.2 Norland Algae Based Alternative Protein Description and Business Overview
6.11.3 Norland Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Norland Algae Based Alternative Protein Product Portfolio
6.11.5 Norland Recent Developments/Updates
6.12 Brevel
6.12.1 Brevel Corporation Information
6.12.2 Brevel Algae Based Alternative Protein Description and Business Overview
6.12.3 Brevel Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Brevel Algae Based Alternative Protein Product Portfolio
6.12.5 Brevel Recent Developments/Updates
6.13 Triton
6.13.1 Triton Corporation Information
6.13.2 Triton Algae Based Alternative Protein Description and Business Overview
6.13.3 Triton Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Triton Algae Based Alternative Protein Product Portfolio
6.13.5 Triton Recent Developments/Updates
6.14 Arizona Algae Products
6.14.1 Arizona Algae Products Corporation Information
6.14.2 Arizona Algae Products Algae Based Alternative Protein Description and Business Overview
6.14.3 Arizona Algae Products Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Arizona Algae Products Algae Based Alternative Protein Product Portfolio
6.14.5 Arizona Algae Products Recent Developments/Updates
6.15 Allmicroalgae - Natural Products S.A.
6.15.1 Allmicroalgae - Natural Products S.A. Corporation Information
6.15.2 Allmicroalgae - Natural Products S.A. Algae Based Alternative Protein Description and Business Overview
6.15.3 Allmicroalgae - Natural Products S.A. Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Allmicroalgae - Natural Products S.A. Algae Based Alternative Protein Product Portfolio
6.15.5 Allmicroalgae - Natural Products S.A. Recent Developments/Updates
6.16 Corbion N.V.
6.16.1 Corbion N.V. Corporation Information
6.16.2 Corbion N.V. Algae Based Alternative Protein Description and Business Overview
6.16.3 Corbion N.V. Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Corbion N.V. Algae Based Alternative Protein Product Portfolio
6.16.5 Corbion N.V. Recent Developments/Updates
6.17 Cyanotech Corporation
6.17.1 Cyanotech Corporation Corporation Information
6.17.2 Cyanotech Corporation Algae Based Alternative Protein Description and Business Overview
6.17.3 Cyanotech Corporation Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.17.4 Cyanotech Corporation Algae Based Alternative Protein Product Portfolio
6.17.5 Cyanotech Corporation Recent Developments/Updates
6.18 Duplaco B.V.
6.18.1 Duplaco B.V. Corporation Information
6.18.2 Duplaco B.V. Algae Based Alternative Protein Description and Business Overview
6.18.3 Duplaco B.V. Algae Based Alternative Protein Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Duplaco B.V. Algae Based Alternative Protein Product Portfolio
6.18.5 Duplaco B.V. Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Algae Based Alternative Protein Industry Chain Analysis
7.2 Algae Based Alternative Protein Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Algae Based Alternative Protein Production Mode & Process
7.4 Algae Based Alternative Protein Sales and Marketing
7.4.1 Algae Based Alternative Protein Sales Channels
7.4.2 Algae Based Alternative Protein Distributors
7.5 Algae Based Alternative Protein Customers
8 Algae Based Alternative Protein Market Dynamics
8.1 Algae Based Alternative Protein Industry Trends
8.2 Algae Based Alternative Protein Market Drivers
8.3 Algae Based Alternative Protein Market Challenges
8.4 Algae Based Alternative Protein Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
DIC
Japan Algae
Parry Nutraceuticals
Ozone Naturals
EcoFuel Laboratories
Nan Pao International Biotech
King Dnarmsa Spirulina
Zhejiang Binmei Biotechnology
Wuli Lvqi
Zeoes Biotech
Norland
Brevel
Triton
Arizona Algae Products
Allmicroalgae - Natural Products S.A.
Corbion N.V.
Cyanotech Corporation
Duplaco B.V.
*If Applicable.