Home > Food & Beverages > Proteins > Plant-Based Proteins > Algae Protein Market
Algae Protein Market Size
- Report ID: GMI4550
- Published Date: Dec 2022
- Report Format: PDF
Algae Protein Market Size
Algae Protein Market size reached USD 750 million in 2022 and is anticipated to witness 5.5% CAGR from 2023-2032. Increasing use of algae protein in animal feed and livestock will complement the industry outlook
Microalgae have a promising effect on the quality of animal feed as they are packed with essential biomolecules such as amino acids and PUFAs along with high-value nutraceutical properties. The surging population growth rate and increasing consumption of processed meat have resulted in the introduction of stringent regulations pertaining to the maintenance of animal feed and livestock quality.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Algae Protein Market Size in 2022: | USD 750 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.5% |
| 2032 Value Projection: | USD 1.3 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 275 |
| Tables, Charts & Figures: | 467 |
| Segments covered: | Source, Dosage Form, Application and Region |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Frequently Asked Questions (FAQ) :
Algae Protein Market Scope
