Algae Protein Market - Forecast(2021 - 2026)
Algae proteins are the protein extracts derived from algae by harvesting, extracting, drying and purifying seawater algae. They cater to various needs in food & beverages, animal husbandry and health & personal care. Algae proteins are graining prominence as alternative plant protein owing to its balanced proportions of all the amino acids. These are now competing with other plant-based protein such as soy, pea-protein, wheat and canola. The main drivers of this market are the positive effects on the immune system and its attributes for improving the nutrient content of the food.. Driven by the increasing availability of the functional and nutritional foods, the global algae protein market is estimated to cross $XXm, growing at a CAGR of XX% during 2016-2021. The global algae protein market has been analyzed with respect to different parameters such as demand/supply & end-users. The market is categorized by type and its application. On the basis of type, the market is segm...