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.
Check Complete Report @ http://www.marketintelreports.com/report/FBR0102/algae-protein-market-by-type-spirulina-chlorella-by-application-dietary-supplements-food-and-beverages-animal-feed-pharmaceuticals-by-geography--market-forecast-20162021
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 segmented into Spirulina and Chlorella. On the basis of applications it is segmented into its major uses in dietary supplements, animal feed and food items such as bakery & confectionary, dairy products, meat substitute and packaged goods.
Algae Protein Market
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. Europe was the dominant market in 2015 due to high research into the growth and cheaper methods of preparation of the protein from the algae. In the APAC region, India and China have been dominating the market owing to increasing consumer awareness regarding and health benefits of protein. Ethical and traditional beliefs of consumers for not using animal based products also opens opportunity for growth of algae protein market in APAC region.
Get Sample Brochure of the Report @ http://www.marketintelreports.com/pdfdownload.php?id=fbr0102
Major companies operating in this market include:
- Terravia (U.S.)
- Nutrex Hawaii Inc. (U.S.)
- Cyanotech Corporation (U.S.)
- Allma (Portugal)
- Helilae Development LLC (U.S.)
- Far East Bio-Tech Co. (Taiwan)
- Rainbow Light Nutritional Systems (U.S.).
Other players in this market include:
- EarthRiseNutritionals (U.S.)
- Energy Bits (U.S.)
- Myanmar Spirulina Factory (Myanmar)
- Klotze (Germany)
Order a copy of Algae Protein Market Report now @ http://www.marketintelreports.com/purchase.php?id=fbr0102
MarketIntelReports (MIR) aim to empower our clients to successfully manage and outperform in their business decisions, we do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.
A group of industry veterans who are well experienced in reputed international consulting firms after identifying the sourcing needs of MNCs for market intelligence, have together started this business savior MarketIntelReports.
MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.
MarketIntelReports currently has more than 10,000 plus titles and 35+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.