Algae Protein Concentrates Market Size - By Source, By Form, By Application, Growth Forecast, 2025-2034

Algae Protein Concentrates Market Size

The global algae protein concentrates market size was valued at USD 480.2 million in 2024. The market is expected to grow from USD 516.5 million in 2025 to USD 1 billion in 2034, at a CAGR of 7.8%, according to latest report published by Global Market Insights Inc.

• Algae protein concentrates are a type of protein that is derived from algae, a type of plant. Microalgae are species of microscopic algae that grow into large amounts due to their high protein and nutritional content. They serve as alternative sources compared to animal protein or the other plant-based sources; that is why it is widely accepted in the food and feed industries worldwide. Plant protein demand continues to increase worldwide as a result of growing interest in sustainable, environmentally friendly sources of food for a burgeoning population.
   
• According to the Food and Agriculture Organization (FAO) of the UN, by 2050, global food production will be increase by 70% within the context of alternative proteins such as algae meeting that demand in a sustainable manner. This is one of the reasons driving increasing demand for sustainable and plant-based proteins within the algae protein concentrate market. Awareness among consumers regarding environmental effects spreading from conventional animal farming in terms of greenhouse gas emissions, land use, and water consumption is also increasing on a global scale.
   
• Government in all countries is also advocating for sustainable food production systems; for instance, the EU Green Deal is towards sustainable agriculture and food systems, contributing directly towards the uptake of algae-based proteins. The continuing trend where consumers increasingly move to health-conscious diets adds to this. Algae proteins have substantially high essential amino acids, vitamins, and antioxidants and fit the trend towards nutritious options.
   
• According to FAO, global fisheries and aquaculture production in 2022 stood at 223.2 million tonnes, a growth of 4.4% from that reported in 2020. A major share of this production requires protein-rich feed in order to sustain further growth. Algae provide affordable and sustainable feed alternatives. Necessitating the high-quality sustainable feed input propels investment in algae cultivation and processing facilities worldwide.
   

Algae Protein Concentrates Market Trends

• Algae protein is gaining popularity in plant-based and vegan food products, responding to an increased demand from consumers interested in sustainable and health-conscious lifestyles. An algae protein is a nutritious and eco-conscious alternative with potential applicability in a range of consumer products: snack bars, beverages, or meat alternatives.
   
•  The production of algae products has become feasible and cost-efficient through technological advancements. Innovations in culturing methods, achieved through optimization of growth conditions and increased automation, have improved productivity while lowering costs of algae production. Furthermore, innovative extraction techniques have elevated protein purity and quality, which enhance the food-grade market for algae proteins. The systems that enhance scaling-up of production with an assurance of quality adherence and achieving lower environmental impact will greatly facilitate the widespread applications and advancement of the industry.
   
• The need for sustainable high-grade sources of protein for aqua and livestock fuels the growth of algae-based feed solutions. Algae could be considered a highly suitable substitute for traditional feed ingredients, which are scarce and environmentally polluting to produce, such as fish meal and soybean meal. Moreover, algae can improve animal nutrition while helping to mitigate the stress on finite resources in feed formulations.
   
• Investments and partnerships to develop algae cultivation infrastructure will boost market expansion. Private firms and research institutes that are willing to invest and funnel that funding toward developing large-scale cultivation facilities and upgrading processing technologies will commence the project. The intention of putting such investment is to increase the productivity, reduce cost, and assure the steady production of the strains/nutrients of algae protein products. 
   

Algae Protein Concentrates Market Analysis

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Based on source, the algae protein concentrates market is segmented into microalgae and macroalgae. Microalgae generated USD 338 million revenue in 2024.
 

• Microalgae dominates due to their higher protein levels, rapid growth, higher output efficiency, and easy internal cultivation, thus making it a cost-effective yet scalable source. Microalgae such as spirulina and chlorella contain a rich package of essential amino acids making them relevant in health foods, dietary supplement, and functional beverages. Their property to yield high amounts in reduced spaces with proven cultivation technology makes them the market leaders. Additionally, microalgae have gained prominent recognition due to their other health benefits nutritional factors, antioxidants, and omega-3 fatty acids besides driving their demand from health-conscious consumer segments.
   
• With growing interest among consumers towards natural and organic ingredients, this area of macroalgae continues to have a niche application especially for organic and clean-label products. The growth rate in this sector is also supported by the demand for environment-friendly harvesting practices, accompanied with portfolios of innovative extraction technologies intended to increase protein yield from macroalgal sources. However, microalgae production continues to lead by far in which it can be produced on a larger scale while still presenting higher protein efficiency.
   

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Based on form, the algae protein concentrates market is segmented into powder, liquid, capsules/tablets and others. Powder form accounted for 63.4% of market share in 2024.
 

• Algae protein concentrates are preferred in powdered form due to its stability and a long shelf life, making storage and transportation easier. This is more important for the manufacturers than consumers since powders can be applied in a variety of ways in smoothies, snacks, and dietary supplement preparations. This makes phycocyanin powder even more preferred for blending into food and supplements, as the manufacturing processes tend to favour powders for producing the products.
   
• Besides, powder helps in dosing accuracy, thereby providing convenience to the consumer and the manufacturer. The increasing rapid development of plant-based, health-conscious foods adds a strong preference for powdered algae protein, as it can easily incorporate into various formulations and fuel innovations of functional foods and beverages.
   
• Due to lower shelf life and expensive preservation and packaging, liquid form is less preferred. It is used in functional beverages and nutritional shots targeting health-conscious consumers with preference for faster absorption. Growth of the liquid segment continues due to the increasing demand for ready-to-drink health products.
   
• Capsules and tablets is favoured delivery methods in the health and supplement due to their convenience and portability. This segment is showing a steadily increasing tendency towards easy-to-take plant-derived supplements.
   

Based on application, the algae protein concentrates market is segmented into food & beverages, dietary supplements, animal feed & aquaculture, cosmetics & personal care, pharmaceutical & nutraceutical and others.

• Dietary supplements drives the market owing to growing consumer awareness about health and wellness. Consumers prefer natural and plant-based supplements; moreover, the clean-label trend encourages growth in that direction. Among the advantages of algae protein are its high bioavailability and a nutritional profile making it quite desirable for use in supplement formulations.
   
• Food and beverages is one of the most important segments that provides sustainability and functionality in foods. Algae protein is a versatile alternative as a plant-based eco-friendly ingredient for consumers. The incorporation of this protein in snacks, beverages, and meal substitutes continues to increase, supported by clean-label trends and consumer preferences for healthier, more sustainable ingredients.
   
• Animal feed & aquaculture offers nutritious, feasible, sustainable alternatives in traditional feed materials. It goes along with the demand for ethically produced environment-friendly protein sources for mitigating global food security problems, reducing environmental impact, particularly in aquaculture, where algae-based feeds contribute to the health of fish.
   
• Cosmetics & personal care is the developing niche as of now using the antioxidant and skin-nourishing properties of algae protein. It also focuses upon skin care formulations as per the modern trends towards natural, plant-based ingredients.
   

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The algae protein concentrates market in North America will grow at a CAGR of approximately 8% between 2025 and 2034.  
 

• Increased awareness among consumers regarding plant-based diets and sustainable nutrition has encouraged the use of algae-based protein sources. Algae protein is perceived as a powerful, innovative, and environmentally friendly alternative to animal proteins; the advancing health and vegan trends further help in product development and promote market growth.
   
• Advanced algae cultivation, harvesting, and extraction technologies have made the entire process efficient, cost-effective, and scalable. These technological innovations open a wider application scope for algae proteins as functional foods, beverages, and health supplements, and will therefore ensure a steady market growth of algae-derived protein sources.
   

The algae protein concentrates market in Europe, especially in a few countries like Germany, are expected to grow with a rapid pace in the coming years, especially from 2025 to 2034, with CAGR of 7.7%.
 

• Increased focus on food security, sustainability, and clean-label products reflects in the rising demand among population groups for natural, allergen-free, and environmentally friendly algae proteins. The organic, plant-based, and functional food preference of consumers motivates manufacturers to use algae proteins in various products.
   
• Research aims to improve algae cultivation techniques and refine extraction processes. Innovations in sustainable processing have extended applications into pharmaceuticals, organic foods, and personal care products, which correlate with the environmental and health priorities of European consumers.
   
• The growing acceptance of veganism, organic, and clean-label products creates good opportunities for algae protein concentrates.
   

The algae protein concentrates market in China and India is expected to have lucrative growth between 2025 and 2034, with CAGR 7.9% in the Asia Pacific region.
 

• The demand for healthy protein-rich diets, dietary supplements, and algae-based products has raised rapidly owing to the increase of disposable incomes and mega-city urbanization. Consumers are constantly searching for plant-derived ingredients that could provide health benefits, and that trends made innovations and adoption of products into the market.
   
• The role of government policy promoting sustainable agriculture and waste recycling and green energy programs in attracting private investment into algae cultivation and processing is listed as a favorable regulatory environment conducive to growth in algae-based food ingredients, dietary supplements, and other functional products.
   

Between 2025 and 2034, the market for algae protein concentrates in the Middle East is projected to grow significantly during this period.
 

• The growing hospitality sectors are creating a demand for nutrient-dense, eco-friendly foods including algae ingredients in hotels, restaurants, and other foodservice outlets.
   
• Government projects concerning sustainability in living, environment-friendly food production, and better lifestyles would spur the incorporation of algae protein concentrates in food, diet supplements, and cosmetics, thus promoting the market.
   

Between 2025 and 2034, a promising expansion of the algae protein concentrates sector is foreseen in the Latin America.
 

• Increased concern for the environment in combination with an increasing trend for organic and sustainable sourcing encourages industries and consumers alike to adopt algae-based components in cosmetics, functional foods, and dietary supplements.
   
• Rising disposable incomes facilitate environmentally friendly waste management systems and closer ties with nature in sourcing ingredients, leading to a sharp increase in consumption of algae protein in the food and health sectors within this region.
   

Algae Protein Concentrates Market Share

• Algae protein concentrates industry is moderately consolidated with players like DIC Corporation, Corbion N.V., Parry Nutraceuticals, Far East Bio-Tec and Cyanotech Corporation accounted for 47.5% market share in 2024.
   
• The algae protein concentrates market consists of such leading companies operating mostly in their regional areas. Their long years of experience with algae protein concentrates allow these companies to maintain a strong market position worldwide. Their product offerings are diverse and majorly supported by production capacities and distribution networks, which can serve the increasing demand for algae protein concentrates in various regions.
   

Algae Protein Concentrates Market Companies

Major players operating in the algae protein concentrates industry includes:

• Algenuity
• Allmicroalgae 
• Brevel
• Cargill
• Corbion N.V.
• Cyanotech Corporation
• DIC Corporation
• DSM-Firmenich
• Far East Bio-Tec Co., Ltd.
• Parry Nutraceuticals
   

Corbion N.V., the global leader in sustainable ingredient solutions, has a huge footprint in the market of algae protein concentrates through its fermentation and algae cultivation. The commitment of the company to algae-based nutritional solutions is evidenced by its AlgaPrime DHA product line for aquaculture. Corbion can thus use its rich technical experience in fermentation science, ingredient formulation, and application development for added-value protein concentrate products for application in food, feed, and nutraceuticals.
 

DIC Corporation, with its Earthrise Nutritionals subsidiary, is the global market leader with one of the largest Spirulina production facilities. DIC uses an integrated approach in the field of cultivation, processing, quality assurance, and marketing of Spirulina-based protein concentrates and finished products. Applications include dietary supplements, food ingredients, and animal nutrition, with a strong focus on North America and Asia. 
 

Cyanotech Corporation, the natural products based on microalgae are produced by company, where their products like Hawaiian Spirulina Pacifica and BioAstin astaxanthin aim to serve the dietary supplement as well as functional food and cosmetics markets. The location of production is marketed mainly in Hawaii, promoting the pristine environment and the "Made in USA" aspect, as well as premium positioning.
 

Parry Nutraceuticals is one of the leading Spirulina producers in India that has more than 30 years of being into the field of algae cultivation and processing. Well-equipped with large-scale production facilities, the company exports worldwide, especially strong in Asia. Parry's competitive advantages include low-cost production, organic certification, expansive product portfolio (from whole Spirulina to protein concentrates and extracts), and strong technical expertise.
 

Far East Bio-Tec Co., Ltd. is a Taiwan-based leader in microalgae production, characterized by an open pond and closed photobioreactor operations. The main products of FEBICO include microalgae Spirulina, Chlorella, and others, which are processed for application in dietary supplements, functional foods, and cosmetics. FEBICO's technological capabilities in closed cultivation systems can deliver high-purity food-grade protein concentrates.
 

Algae Protein Concentrates Industry News

• In October 2025, SIG and Nutrition from Water (NXW) announced a worldwide partnership to manufacture algae-based protein drinks packed in aseptic containers. This project intends to alleviate nutritional deficiencies in the underserviced economies by giving such communities greater protein-rich products that are readily available in nutrient goods for the undernourished populations.
   
• In July 2025, Corbion received the final approval from China's GACC to enter into human and animal nutrition markets in the world with algae-derived omega-3-DHA solutions AlgaPrime DHA and AlgaVia DHA; these solutions will promote sustainable plant-based nutrition in the fast-growing sector of China's market.
   
• In June 2024, Brevel launched a commercial algae protein plant in Israel, which produce high-quality, sustainable microalgae protein. The company intends to bring microalgae protein into competition against soy and pea, which would be realized with future expansion across the globe and reduced costs to produce algae protein.
   

The algae protein concentrates market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million and volume in terms of Kilo Tons from 2021–2034 for the following segments:

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Market, By Source

• Microalgae
  • Spirulina
  • Chlorella
  • Nannochloropsis
  • Tetraselmis
  • Scenedesmus
  • Haematococcus
  • Others
• Macroalgae
  • Brown algae
  • Red algae
  • Green algae

Market, By Form

• Powder
• Liquid
• Capsules/tablets
• Others

Market, By Application

• Food & beverages
  • Plant-based meat alternatives
  • Dairy alternatives
  • Bakery & confectionery
  • Beverages & functional drinks
  • Pasta & noodles
  • Snacks & protein bars
  • Others
• Dietary supplements
  • Tablets & capsules
  • Powders & drink mixes
  • Soft gels
  • Sports nutrition supplements
  • Others
• Animal feed & aquaculture
  • Aquaculture feed (fish & shrimp)
  • Poultry feed
  • Swine feed
  • Pet food & companion animal nutrition
  • Others
• Cosmetics & personal care
  • Skin care products
  • Hair care products
  • Anti-aging formulations
  • Others
• Pharmaceutical & nutraceutical
  • Bioactive peptides & functional ingredients
  • Medical nutrition
  • Therapeutic applications
  • Others
• Others

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada 
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America 
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East & Africa