- Global Pharma News & Resources

The Worldwide Algae Protein Industry is Expected to Reach $1.3 Billion by 2027 -

DUBLIN--(BUSINESS WIRE)--The "Algae Protein Market Research Report by Product (Chlorella, Seaweed, and Spirulina), Source, Application, Distribution Channel, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to's offering.

The Global Algae Protein Market size was estimated at USD 869.75 million in 2021, USD 935.86 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.77% to reach USD 1,363.22 million by 2027.

Cumulative Impact of 2022 Russia Ukraine Conflict:

We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States.

This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.

This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Algae Protein market considering the current update on the conflict and its global response.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Algae Protein Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report answers questions such as:

1. What is the market size and forecast of the Global Algae Protein Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Algae Protein Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Algae Protein Market?

4. What is the competitive strategic window for opportunities in the Global Algae Protein Market?

5. What are the technology trends and regulatory frameworks in the Global Algae Protein Market?

6. What is the market share of the leading vendors in the Global Algae Protein Market?

7. What modes and strategic moves are considered suitable for entering the Global Algae Protein Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers Increasing demand for algae protein because of its nutritional benefits Rising awareness about health in the people Surge in the demand from nutraceuticals and pharmaceutical industries

5.1.2. Restraints Availability of low-cost alternatives and high cost of algae protein

5.1.3. Opportunities Growing demand for environment-friendly products Rapid expansion of cosmetics and pharmaceuticals industry

5.1.4. Challenges Adverse effects associated with algae protein such as headaches, allergic reactions

5.2. Cumulative Impact of COVID-19

5.3. Cumulative Impact of 2022 Russia Ukraine Conflict

6. Algae Protein Market, by Product

7. Algae Protein Market, by Source

8. Algae Protein Market, by Application

9. Algae Protein Market, by Distribution Channel

10. Americas Algae Protein Market

11. Asia-Pacific Algae Protein Market

12. Europe, Middle East & Africa Algae Protein Market

13. Competitive Landscape

14. Company Usability Profiles

15. Appendix

For more information about this report visit

Laura Wood, Senior Press Manager

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Editor Details

  • Company:
    • Businesswire
Last Updated: 08-Apr-2022