One of the simplest and abundant forms of plant life is algae, ranging from single cell microalgae to largest seaweeds. Algae protein is produced from several algae that is developed in both freshwaters as well as marines. Brown algae protein is majorly derived from seaweeds located in the colder waters within Northern hemisphere and is widely used as a substitute for animal protein, such as whey protein. Brown algae protein is a highly rich source of protein that contains all essential amino acids and minerals. Brown algae protein supports in improving thyroid function as it contains iodine and prevents several diseases such as thrombosis, arthritis, atherosclerosis, cancers, etc.
This report contains market size and forecasts of Brown Algae Protein in global, including the following market information:
Global Brown Algae Protein Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Brown Algae Protein Market Sales, 2017-2022, 2023-2028, (Kiloton)
Global top five Brown Algae Protein companies in 2021 (%)
The global Brown Algae Protein market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Powder Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Brown Algae Protein include Nutrex Hawaii, Earthrise Nutritionals, Rainbow Light Nutritional Systems, Far East Bio-Tec, TerraVia Holdings and Cyanotech Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Brown Algae Protein manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Brown Algae Protein Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Brown Algae Protein Market Segment Percentages, by Type, 2021 (%)
Powder
Liquid
Global Brown Algae Protein Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Brown Algae Protein Market Segment Percentages, by Application, 2021 (%)
Food and Beverages
Nutritional and Dietary Supplements
Animal Feed
Cosmetics and Personal Care Products
Others
Global Brown Algae Protein Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Kiloton)
Global Brown Algae Protein Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Brown Algae Protein revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Brown Algae Protein revenues share in global market, 2021 (%)
Key companies Brown Algae Protein sales in global market, 2017-2022 (Estimated), (Kiloton)
Key companies Brown Algae Protein sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nutrex Hawaii
Earthrise Nutritionals
Rainbow Light Nutritional Systems
Far East Bio-Tec
TerraVia Holdings
Cyanotech Corporation