Global Algae Protein Market 2022-2026

Description

Technavio has been monitoring the algae protein market and it is poised to grow by $ 171.7 mn during 2022-2026 progressing at a CAGR of 7.75% during the forecast period. Our report on the algae protein market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for nutritious food and beverages, increasing awareness about the health benefits of algae protein, and high protein concentration when compared to alternatives.

The algae protein market analysis includes the type segment and geographic landscape.

Technavio's algae protein market is segmented as below:

By Type

Spirulina
Chlorella
Others

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the growing demand for naturally obtained health supplements as one of the prime reasons driving the algae protein market growth during the next few years. Also, the increasing global vegan population and rising trend of dietary supplements heavily contribute to market growth will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on algae protein market covers the following areas:

Algae protein market sizing
Algae protein market forecast
Algae protein market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading algae protein market vendors that include Corbion NV, Cyanotech Corp., DIC Corp., Duplaco BV, E.I.D. Parry India Ltd., ENERGYbits Inc., Far East Bio Tec Co. Ltd., Fuqing King Dnarmsa Spirulina Co. Ltd., JUNE Group of Companies, Natures Power Nutraceuticals Corp., NOW Health Group Inc., Phycom BV, Prolgae Spirulina Supplies Pvt. Ltd., Roquette Klotze GmbH and Co. KG, Seagrass Tech Pvt. Ltd., Tianjin Norland Biotech Co. Ltd, Triton, Vimergy LLC, Yunnan Green A Biological Project Co. Ltd., and Zhejiang Binmei Biotechnology Co. Ltd. Also, the algae protein market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR72865

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Bargaining power of buyers - Impact of key factors in 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

5.1 Market segments
Exhibit 24: Chart on Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
5.2 Comparison by Type
Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type
5.3 Spirulina - Market size and forecast 2021-2026
Exhibit 28: Chart on Spirulina - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Spirulina - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Spirulina - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Spirulina - Year-over-year growth 2021-2026 (%)
5.4 Chlorella - Market size and forecast 2021-2026
Exhibit 32: Chart on Chlorella - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Chlorella - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Chlorella - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Chlorella - Year-over-year growth 2021-2026 (%)
5.5 Others - Market size and forecast 2021-2026
Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Type
Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

6.1 Customer landscape overview
Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 42: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 43: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 44: Chart on Geographic comparison
Exhibit 45: Data Table on Geographic comparison
7.3 Europe - Market size and forecast 2021-2026
Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.4 North America - Market size and forecast 2021-2026
Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.5 APAC - Market size and forecast 2021-2026
Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 France - Market size and forecast 2021-2026
Exhibit 66: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on France - Year-over-year growth 2021-2026 (%)
7.9 US - Market size and forecast 2021-2026
Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
7.10 China - Market size and forecast 2021-2026
Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
7.11 Ireland - Market size and forecast 2021-2026
Exhibit 78: Chart on Ireland - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Ireland - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Ireland - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Ireland - Year-over-year growth 2021-2026 (%)
7.12 India - Market size and forecast 2021-2026
Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 86: Market opportunity By Geographical Landscape ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 87: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 89: Overview on factors of disruption
9.4 Industry risks
Exhibit 90: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 91: Vendors covered
10.2 Market positioning of vendors
Exhibit 92: Matrix on vendor position and classification
10.3 Corbion NV
Exhibit 93: Corbion NV - Overview
Exhibit 94: Corbion NV - Business segments
Exhibit 95: Corbion NV - Key offerings
Exhibit 96: Corbion NV - Segment focus
10.4 Cyanotech Corp.
Exhibit 97: Cyanotech Corp. - Overview
Exhibit 98: Cyanotech Corp. - Product / Service
Exhibit 99: Cyanotech Corp. - Key offerings
10.5 DIC Corp.
Exhibit 100: DIC Corp. - Overview
Exhibit 101: DIC Corp. - Business segments
Exhibit 102: DIC Corp. - Key news
Exhibit 103: DIC Corp. - Key offerings
Exhibit 104: DIC Corp. - Segment focus
10.6 E.I.D. Parry India Ltd.
Exhibit 105: E.I.D. Parry India Ltd. - Overview
Exhibit 106: E.I.D. Parry India Ltd. - Business segments
Exhibit 107: E.I.D. Parry India Ltd. - Key offerings
Exhibit 108: E.I.D. Parry India Ltd. - Segment focus
10.7 ENERGYbits Inc.
Exhibit 109: ENERGYbits Inc. - Overview
Exhibit 110: ENERGYbits Inc. - Product / Service
Exhibit 111: ENERGYbits Inc. - Key offerings
10.8 Natures Power Nutraceuticals Corp.
Exhibit 112: Natures Power Nutraceuticals Corp. - Overview
Exhibit 113: Natures Power Nutraceuticals Corp. - Product / Service
Exhibit 114: Natures Power Nutraceuticals Corp. - Key offerings
10.9 NOW Health Group Inc.
Exhibit 115: NOW Health Group Inc. - Overview
Exhibit 116: NOW Health Group Inc. - Product / Service
Exhibit 117: NOW Health Group Inc. - Key offerings
10.10 Phycom BV
Exhibit 118: Phycom BV - Overview
Exhibit 119: Phycom BV - Product / Service
Exhibit 120: Phycom BV - Key offerings
10.11 Prolgae Spirulina Supplies Pvt. Ltd.
Exhibit 121: Prolgae Spirulina Supplies Pvt. Ltd. - Overview
Exhibit 122: Prolgae Spirulina Supplies Pvt. Ltd. - Product / Service
Exhibit 123: Prolgae Spirulina Supplies Pvt. Ltd. - Key offerings
10.12 Vimergy LLC
Exhibit 124: Vimergy LLC - Overview
Exhibit 125: Vimergy LLC - Product / Service
Exhibit 126: Vimergy LLC - Key offerings

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 127: Inclusions checklist
Exhibit 128: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 129: Currency conversion rates for US$
11.4 Research methodology
Exhibit 130: Research methodology
Exhibit 131: Validation techniques employed for market sizing
Exhibit 132: Information sources
11.5 List of abbreviations
Exhibit 133: List of abbreviations

Exhibits

Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Vendor Market Positioning
Exhibits9: Parent market
Exhibits10: Market Characteristics
Exhibits11: Offerings of vendors included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibits14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibits15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits17: Five forces analysis - Comparison between 2021 and 2026
Exhibits18: Bargaining power of buyers - Impact of key factors in 2021 and 2026
Exhibits19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
Exhibits20: Threat of new entrants - Impact of key factors in 2021 and 2026
Exhibits21: Threat of substitutes - Impact of key factors in 2021 and 2026
Exhibits22: Threat of rivalry - Impact of key factors in 2021 and 2026
Exhibits23: Chart on Market condition - Five forces 2021 and 2026
Exhibits24: Chart on Type - Market share 2021-2026 (%)
Exhibits25: Data Table on Type - Market share 2021-2026 (%)
Exhibits26: Chart on Comparison by Type
Exhibits27: Data Table on Comparison by Type
Exhibits28: Chart on Spirulina - Market size and forecast 2021-2026 ($ million)
Exhibits29: Data Table on Spirulina - Market size and forecast 2021-2026 ($ million)
Exhibits30: Chart on Spirulina - Year-over-year growth 2021-2026 (%)
Exhibits31: Data Table on Spirulina - Year-over-year growth 2021-2026 (%)
Exhibits32: Chart on Chlorella - Market size and forecast 2021-2026 ($ million)
Exhibits33: Data Table on Chlorella - Market size and forecast 2021-2026 ($ million)
Exhibits34: Chart on Chlorella - Year-over-year growth 2021-2026 (%)
Exhibits35: Data Table on Chlorella - Year-over-year growth 2021-2026 (%)
Exhibits36: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibits37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibits38: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibits39: Data Table on Others - Year-over-year growth 2021-2026 (%)
Exhibits40: Market opportunity by Type ($ million)
Exhibits41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits42: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibits43: Data Table on Market share By Geographical Landscape 2021-2026 (%)
Exhibits44: Chart on Geographic comparison
Exhibits45: Data Table on Geographic comparison
Exhibits46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibits49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
Exhibits50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibits51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibits52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibits53: Data Table on North America - Year-over-year growth 2021-2026 (%)
Exhibits54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits56: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibits57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
Exhibits58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibits59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibits60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibits61: Data Table on South America - Year-over-year growth 2021-2026 (%)
Exhibits62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits66: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibits67: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibits68: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibits69: Data Table on France - Year-over-year growth 2021-2026 (%)
Exhibits70: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibits71: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibits72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibits73: Data Table on US - Year-over-year growth 2021-2026 (%)
Exhibits74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibits75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibits76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibits77: Data Table on China - Year-over-year growth 2021-2026 (%)
Exhibits78: Chart on Ireland - Market size and forecast 2021-2026 ($ million)
Exhibits79: Data Table on Ireland - Market size and forecast 2021-2026 ($ million)
Exhibits80: Chart on Ireland - Year-over-year growth 2021-2026 (%)
Exhibits81: Data Table on Ireland - Year-over-year growth 2021-2026 (%)
Exhibits82: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibits83: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibits84: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibits85: Data Table on India - Year-over-year growth 2021-2026 (%)
Exhibits86: Market opportunity By Geographical Landscape ($ million)
Exhibits87: Impact of drivers and challenges in 2021 and 2026
Exhibits88: Overview on Criticality of inputs and Factors of differentiation
Exhibits89: Overview on factors of disruption
Exhibits90: Impact of key risks on business
Exhibits91: Vendors covered
Exhibits92: Matrix on vendor position and classification
Exhibits93: Corbion NV - Overview
Exhibits94: Corbion NV - Business segments
Exhibits95: Corbion NV - Key offerings
Exhibits96: Corbion NV - Segment focus
Exhibits97: Cyanotech Corp. - Overview
Exhibits98: Cyanotech Corp. - Product / Service
Exhibits99: Cyanotech Corp. - Key offerings
Exhibits100: DIC Corp. - Overview
Exhibits101: DIC Corp. - Business segments
Exhibits102: DIC Corp. - Key news
Exhibits103: DIC Corp. - Key offerings
Exhibits104: DIC Corp. - Segment focus
Exhibits105: E.I.D. Parry India Ltd. - Overview
Exhibits106: E.I.D. Parry India Ltd. - Business segments
Exhibits107: E.I.D. Parry India Ltd. - Key offerings
Exhibits108: E.I.D. Parry India Ltd. - Segment focus
Exhibits109: ENERGYbits Inc. - Overview
Exhibits110: ENERGYbits Inc. - Product / Service
Exhibits111: ENERGYbits Inc. - Key offerings
Exhibits112: Natures Power Nutraceuticals Corp. - Overview
Exhibits113: Natures Power Nutraceuticals Corp. - Product / Service
Exhibits114: Natures Power Nutraceuticals Corp. - Key offerings
Exhibits115: NOW Health Group Inc. - Overview
Exhibits116: NOW Health Group Inc. - Product / Service
Exhibits117: NOW Health Group Inc. - Key offerings
Exhibits118: Phycom BV - Overview
Exhibits119: Phycom BV - Product / Service
Exhibits120: Phycom BV - Key offerings
Exhibits121: Prolgae Spirulina Supplies Pvt. Ltd. - Overview
Exhibits122: Prolgae Spirulina Supplies Pvt. Ltd. - Product / Service
Exhibits123: Prolgae Spirulina Supplies Pvt. Ltd. - Key offerings
Exhibits124: Vimergy LLC - Overview
Exhibits125: Vimergy LLC - Product / Service
Exhibits126: Vimergy LLC - Key offerings
Exhibits127: Inclusions checklist
Exhibits128: Exclusions checklist
Exhibits129: Currency conversion rates for US$
Exhibits130: Research methodology
Exhibits131: Validation techniques employed for market sizing
Exhibits132: Information sources
Exhibits133: List of abbreviations