Algae Protein Market by Type (Spirulina and Chlorella) and Application (Nutraceuticals/Supplements, Food &Beverages, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2028
- ALL4676621
- 185 Pages
- August 2021
- Food and Beverages
Algae are sources of high-value products such as proteins, omega-3 fatty acids, polyunsaturated fatty acids, sterols, polyphenols, and pigments in addition to carbohydrates, lipids, vitamins, polysaccharides, and minerals such as sodium, calcium, phosphorus, magnesium, zinc, potassium, and iodine. Spirulina, one of the major algae proteins have protein content in the range 51–71%. While, chlorella have a protein content of 50–60%. However, majorly adopted protein source such as peanuts, egg, soy, fish, and lentils have protein content in the range 5–35%. Spirulina and chlorella have significantly high protein content as compared to its counterparts thus making them viable options for protein supplements.
Rise in awareness of heart diseases on account of unhealthy diet patterns and inactive lifestyle is expected to promote consumption of dietary supplements, resulting in growth of the algae protein market. Furthermore, changes in consumer preference toward healthy and nutritious products has forced manufactures to innovate and produce algae supplements, which propels growth of the algae protein market.
COVID-19 has caused widespread disruption across regions, resulting in consumer behavioral changes. As a result, consumers are now more concerned toward health, which have amplified demand for alternate dietary supplements including algae proteins.
The global algae protein market is segmented on the basis of type, application, and region. By type, the global market is bifurcated into spirulina and chlorella. By application, it is segmented into nutraceuticals/supplements, food & beverages, and others. Region wise it is studies across North America, Europe, Asia-Pacific, and LAMEA.
Some of the major players profiled for in the algae protein market analysis includes Cyanotech Corporation, C.B.N. Bio-engineering Co., Ltd, Far East Microalgae Industries, Co., Ltd. , Fuqing King Dnarmsa Spirulina Co., ltd., Gong Bih Enterprise Co., Ltd., Algenol biotech, Sun Chlorella Corporation, NB Laboratories, Taiwan Chlorella Manufacturing Company Ltd, and Tianjin Norland Biotech Co., Ltd
Key Market Segments
By Type
• Spirulina
• Chlorella
By Application
• Nutraceuticals/Supplements
• Food and Beverage
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o ASEAN
o Australia
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
Key Market Players
• Cyanotech Corporation
• C.B.N. Bio-engineering Co., Ltd
• Far East Microalgae Industries, Co., Ltd
• Fuqing King Dnarmsa Spirulina Co., ltd
• Gong Bih Enterprise Co., Ltd.
• Algenol biotech
• Sun Chlorella Corporation
• NB Laboratories
• Taiwan Chlorella Manufacturing Company Ltd
• Tianjin Norland Biotech Co., Ltd
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Porter's five forces analysis
3.2.1.Bargaining power of suppliers
3.2.2.Bargaining power of buyers
3.2.3.Threat of substitution
3.2.4.Threat of new entrants
3.2.5.Intensity of competitive rivalry
3.3.Parent market overview
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Multiple benefits of algae protein to amplify market growth
3.4.1.2.Increase in vegan population to strengthen product adoption
3.4.1.3.High protein concentration as compared to counter parts
3.4.2.Restraints
3.4.2.1.Impact on spirulina production due to climate change
3.4.2.2.Presence of large number of alternatives for proteins, along with low product awareness hampers market expansion
3.4.3.Opportunities
3.4.3.1.Novel innovation in technology to provide lucrative opportunities for market expansion
3.4.3.2.Algae protein fortified food to gain significant traction in upcoming years
3.5.Impact of Covid-19
3.5.1.Introduction
3.5.2.Impact on the food and beverage
3.5.3.Impact on algae protein market
CHAPTER 4:ALGAE PROTEIN MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast, by Type
4.2.Spirulina
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Chlorella
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
CHAPTER 5:ALGAE PROTEIN MARKET, BY APPLICATION
5.1.Overview
5.1.1.Market size and forecast, by application
5.2.Nutraceuticals/Supplements
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Food and Beverage
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Others
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
CHAPTER 6:ALGAE PROTEIN MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast, by region
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by application
6.2.4.Market analysis, by country
6.2.4.1.U.S.
6.2.4.1.1.Market size and forecast, by Type
6.2.4.1.2.Market size and forecast, by application
6.2.4.2.Canada
6.2.4.2.1.Market size and forecast, by Type
6.2.4.2.2.Market size and forecast, by application
6.2.4.3.Mexico
6.2.4.3.1.Market size and forecast, by Type
6.2.4.3.2.Market size and forecast, by application
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by Type
6.3.3.Market size and forecast, by application
6.3.4.Market analysis, by country
6.3.4.1.UK
6.3.4.1.1.Market size and forecast, by Type
6.3.4.1.2.Market size and forecast, by application
6.3.4.2.Germany
6.3.4.2.1.Market size and forecast, by Type
6.3.4.2.2.Market size and forecast, by application
6.3.4.3.France
6.3.4.3.1.Market size and forecast, by Type
6.3.4.3.2.Market size and forecast, by application
6.3.4.4.Italy
6.3.4.4.1.Market size and forecast, by Type
6.3.4.4.2.Market size and forecast, by application
6.3.4.5.Spain
6.3.4.5.1.Market size and forecast, by Type
6.3.4.5.2.Market size and forecast, by application
6.3.4.6.Rest of Europe
6.3.4.6.1.Market size and forecast, by Type
6.3.4.6.2.Market size and forecast, by application
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by Type
6.4.3.Market size and forecast, by application
6.4.4.Market analysis, by country
6.4.4.1.China
6.4.4.1.1.Market size and forecast, by Type
6.4.4.1.2.Market size and forecast, by application
6.4.4.2.Japan
6.4.4.2.1.Market size and forecast, by Type
6.4.4.2.2.Market size and forecast, by application
6.4.4.3.India
6.4.4.3.1.Market size and forecast, by Type
6.4.4.3.2.Market size and forecast, by application
6.4.4.4.ASEAN
6.4.4.4.1.Market size and forecast, by Type
6.4.4.4.2.Market size and forecast, by application
6.4.4.5.AUSTRALIA
6.4.4.5.1.Market size and forecast, by Type
6.4.4.5.2.Market size and forecast, by application
6.4.4.6.Rest of Asia-Pacific
6.4.4.6.1.Market size and forecast, by Type
6.4.4.6.2.Market size and forecast, by application
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by Type
6.5.3.Market size and forecast, by application
6.5.4.Market analysis, by country
6.5.4.1.Latin America
6.5.4.1.1.Market size and forecast, by Type
6.5.4.1.2.Market size and forecast, by application
6.5.4.2.Middle East
6.5.4.2.1.Market size and forecast, by Type
6.5.4.2.2.Market size and forecast, by application
6.5.4.3.Africa
6.5.4.3.1.Market size and forecast, by Type
6.5.4.3.2.Market size and forecast, by application
CHAPTER 7:COMPETITION LANDSCAPE
7.1.Competitive dashboard
7.2.Product mapping
7.3.Competitive heat map
CHAPTER 8:COMPANY PROFILES
8.1.CYANOTECH CORPORATION
8.1.1.Company overview
8.1.2.Key Executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.R&D Expenditure
8.1.7.Business performance
8.1.8.Key strategic moves and developments
8.2.C.B.N.BIOENGINEERING CO.， LTD.
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.3.FAR EAST MICROALGAE INDUSTRIES, CO., LTD.
8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Product portfolio
8.4.FUQING KING DNARMSA SPIRULINA CO., LTD.
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio
8.5.GONG BIH ENTERPRISE CO., LTD.
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.6.ALGENOL BIOTECH
8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Product portfolio
8.7.SUN CHLORELLA CORPORATION
8.7.1.Company overview
8.7.2.Key Executives
8.7.3.Company snapshot
8.7.4.Product portfolio
8.8.NB LABORATORIES PVT LTD
8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Product portfolio
8.9.TAIWAN CHLORELLA MANUFACTURING COMPANY LTD
8.9.1.Company overview
8.9.2.Key Executives
8.9.3.Company snapshot
8.9.4.Product portfolio
8.10.TIANJIN NORLAND BIOTECH CO., LTD
8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Product portfolio
TABLE 01.GLOBAL ALGAE PROTEIN MARKET, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 02.SPIRULINA ALGAE PROTEIN MARKET, BY REGION, 2020–2028 ($ THOUSAND)
TABLE 03.CHLORELLA ALGAE PROTEIN MARKET, BY REGION, 2020–2028 ($ THOUSAND)
TABLE 04.ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 05.APPLICATION OF ALGAE PROTEIN MARKET FOR NUTRACEUTICALS/SUPPLEMENTS, BY REGION, 2020–2028 ($ THOUSAND)
TABLE 06.GLOBAL APPLICATION OF ALGAE PROTEIN FOR FOOD AND BEVERAGE, BY REGION, 2020–2028 ($ THOUSAND)
TABLE 07.OTHER APPLICATION OF ALGAE PROTEIN, BY REGION, 2020–2028 ($ THOUSAND)
TABLE 08.GLOBAL ALGAE PROTEIN MARKET, BY REGION, 2020–2028 ($ THOUSAND)
TABLE 09.NORTH AMERICA ALGAE PROTEIN MARKET VALUE, BY TYPE 2020–2028 ($ THOUSAND)
TABLE 10.NORTH AMERICA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 11.NORTH AMERICA ALGAE PROTEIN MARKET VALUE, BY COUNTRY, 2020–2028 ($ THOUSAND)
TABLE 12.U.S. ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 13.U.S. ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 14.CANADA ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 15.CANADA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 16.MEXICO ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 17.MEXICO ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 18.EUROPE ALGAE PROTEIN MARKET VALUE, BY TYPE 2020–2028 ($ THOUSAND)
TABLE 19.EUROPE ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 20.EUROPE ALGAE PROTEIN MARKET VALUE, BY COUNTRY, 2020–2028 ($ THOUSAND)
TABLE 21.UK ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 22.UK ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 23.GERMANY ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 24.GERMANY ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 25.FRANCE ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 26.FRANCE ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 27.ITALY ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 28.ITALY ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 29.SPAIN ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 30.SPAIN ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 31.REST OF EUROPE ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 32.REST OF EUROPE ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 33.ASIA-PACIFIC ALGAE PROTEIN MARKET VALUE, BY TYPE 2020–2028 ($ THOUSAND)
TABLE 34.ASIA-PACIFIC ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 35.ASIA-PACIFIC ALGAE PROTEIN MARKET VALUE, BY COUNTRY, 2020–2028 ($ THOUSAND)
TABLE 36.CHINA ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 37.CHINA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 38.JAPAN ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 39.JAPAN ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 40.INDIA ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 41.INDIA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 42.ASEAN ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 43.ASEAN ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 44.AUSTRALIA ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 45.AUSTRALIA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 46.REST OF ASIA-PACIFIC ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 47.REST OF ASIA-PACIFIC ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 48.LAMEA ALGAE PROTEIN MARKET VALUE, BY TYPE 2020–2028 ($ THOUSAND)
TABLE 49.LAMEA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 50.LAMEA ALGAE PROTEIN MARKET VALUE, BY COUNTRY, 2020–2028 ($ THOUSAND)
TABLE 51.LATIN AMERICA ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 52.LATIN AMERICA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 53.MIDDLE EAST ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 54.MIDDLE EAST ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 55.AFRICA ALGAE PROTEIN MARKET VALUE, BY TYPE, 2020–2028 ($ THOUSAND)
TABLE 56.AFRICA ALGAE PROTEIN MARKET VALUE, BY APPLICATION, 2020–2028 ($ THOUSAND)
TABLE 57.CYANOTECH CORPORATION : KEY EXECUTIVES
TABLE 58.CYANOTECH CORPORATION : COMPANY SNAPSHOT
TABLE 59.CYANOTECH CORPORATION : OPERATING SEGMENTS
TABLE 60.CYANOTECH CORPORATION : PRODUCT PORTFOLIO
TABLE 61.CYANOTECH CORPORATION : R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 62.CYANOTECH CORPORATION : NET SALES, 2018–2020 ($MILLION)
TABLE 63.C.B.N.BIOENGINEERING CO.， LTD.: COMPANY SNAPSHOT
TABLE 64.C.B.N.BIOENGINEERING CO.， LTD.: PRODUCT PORTFOLIO
TABLE 65.FAR EAST MICROALGAE INDUSTRIES, CO., LTD.: KEY EXECUTIVES
TABLE 66.FAR EAST MICROALGAE INDUSTRIES, CO., LTD.: COMPANY SNAPSHOT
TABLE 67.FAR EAST MICROALGAE INDUSTRIES, CO., LTD.: PRODUCT PORTFOLIO
TABLE 68.FUQING KING DNARMSA SPIRULINA CO., LTD.: COMPANY SNAPSHOT
TABLE 69.FUQING KING DNARMSA SPIRULINA CO., LTD.: PRODUCT PORTFOLIO
TABLE 70.GONG BIH ENTERPRISE CO.,LTD.: COMPANY SNAPSHOT
TABLE 71.GONG BIH ENTERPRISE CO.,LTD.: PRODUCT PORTFOLIO
TABLE 72.ALGENOL BIOTECH : KEY EXECUTIVES
TABLE 73.ALGENOL BIOTECH : COMPANY SNAPSHOT
TABLE 74.ALGENOL BIOTECH : PRODUCT PORTFOLIO
TABLE 75.SUN CHLORELLA CORPORATION: KEY EXECUTIVES
TABLE 76.SUN CHLORELLA CORPORATION: COMPANY SNAPSHOT
TABLE 77.SUN CHLORELLA CORPORATION: PRODUCT PORTFOLIO
TABLE 78.NB LABORATORIES PVT LTD: KEY EXECUTIVES
TABLE 79.NB LABORATORIES PVT LTD: COMPANY SNAPSHOT
TABLE 80.LIXIL GROUP CORPORATION: PRODUCT PORTFOLIO
TABLE 81.TAIWAN CHLORELLA MANUFACTURING COMPANY LTD: KEY EXECUTIVES
TABLE 82.TAIWAN CHLORELLA MANUFACTURING COMPANY LTD: COMPANY SNAPSHOT
TABLE 83.LIXIL GROUP CORPORATION: PRODUCT PORTFOLIO
TABLE 84.TIANJIN NORLAND BIOTECH CO., LTD: KEY EXECUTIVES
TABLE 85.TIANJIN NORLAND BIOTECH CO., LTD: COMPANY SNAPSHOT
TABLE 86.LIXIL GROUP CORPORATION: PRODUCT PORTFOLIO
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