BANGALORE, India, Dec. 13, 2023 /PRNewswire/ -- Seaweed Protein Market is Segmented by Source (Red, Brown, Green), by Application (Food, Animal Feed and Additives, Cosmetics and Personal Care, Others): It is Published in Valuates Reports Under the Category of Food & Drink.
The Global Seaweed Protein Industry was valued at USD 550.40 Million in 2021, and is projected to reach USD 1.51 Billion by 2030, growing at a CAGR of 11.6% from 2022 to 2030.
Claim Your Free Sample Now:
https://reports.valuates.com/request/sample/ALLI-Manu-1M79/Seaweed_Protein_Market
Major Factors Driving the Growth of Seaweed Protein Market:
A number of variables are coming together to drive the seaweed protein market's exponential expansion. Seaweed protein's many functional qualities, which enhance textures and lengthen shelf lives, make it a useful component in a variety of food products and support the industry's growth.
Seaweed protein is being promoted as a sustainable and wholesome substitute in the worldwide movement towards plant-based diets, which is being fueled by decisions made with health and the environment in mind. Its outstanding nutritional profile, which includes vital minerals and amino acids, meets the growing need for healthy plant-based protein sources. Seaweed farming emphasizes sustainability by using few resources, which is in line with the eco-friendly methods that the industry and customers are demanding.
Own It Today - Buy Now!
https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-1M79&lic=single-user
TRENDS INFLUENCING THE GROWTH OF SEAWEED PROTEIN MARKET
Because of its many useful qualities, seaweed protein is highly sought-after in the culinary business. It improves the texture and shelf life of many food items because of its capacity to function as a gelling agent, emulsifier, and stabilizer. Because of its adaptability, seaweed protein is seen as a desirable component by food makers and is used in a wide range of products, including plant-based meat substitutes and dairy substitutes.
The increasing interest in varied cuisines has an impact on the uptake of seaweed protein as global culinary borders continue to merge. Seaweed has long been a mainstay in Asian cuisines, and its introduction into Western and other international diets is indicative of a fusion of culinary cultures that increases demand and broadens the market's consumer base.
The increased need for plant-based protein sources throughout the world is driving the expansion of the seaweed protein market. Seaweed protein is becoming more and more popular as people switch to plant-based diets for moral, ethical, and health-related reasons. It's a wholesome and sustainable option. Seaweed is a highly attractive option in the quickly growing plant-based protein industry because of its high protein content and environmentally benign farming.
The nutritional profile of seaweed protein is well-known, since it contains vital vitamins, minerals, and amino acids. The abundance of vitamins B12, iron, and omega-3 fatty acids in seaweed protein makes it a desirable choice for customers who are health-conscious and are looking for protein sources with additional nutritional advantages. The market is growing as a result of its nutritional density, especially among consumers who want to improve their general health.
The market is expanding due in large part to the sustainable seaweed cultivation, which is in line with the growing emphasis from consumers and industry players on eco-friendly techniques. Seaweed is becoming more and more popular in the market since it is a sustainable protein source with less of an environmental impact than traditional animal-based proteins. Its production also requires less freshwater, land, and fertilizer.
Consumer preferences are being influenced by the increased worldwide awareness of health and wellness, with a focus on nutrient-dense, clean-label foods. Because seaweed protein is a naturally occurring and less processed protein source, it fits perfectly with these consumer expectations. The increasing recognition of the health advantages linked to the consumption of seaweed protein is driving the expansion of this market.
Although the food sector still consumes a large amount of seaweed protein, its uses are becoming more widespread than just in cooking. Because of its bioactive components, seaweed protein is making an appearance in animal feed, cosmetics, and medicines. This application diversity aids in the market's growth and adaptability to shifting customer preferences.
Unlock Insights: View Full Report Now!
https://reports.valuates.com/market-reports/ALLI-Manu-1M79/seaweed-protein
SEAWEED PROTEIN MARKET SHARE ANALYSIS
During the projection period, North America is expected to continue to grow at the quickest rate among the subsegments. In the North American area, there is a growing need for plant-based goods. The region's seaweed market is monopolized by the United States. It is anticipated that North America's seaweed protein industry would expand at a 12.9% compound annual growth rate, generating USD 432.4 million in sales.
In terms of kind, the market was led by the red subsegment in 2021. The greatest protein content is seen in red seaweed. Red seaweed also contains larger concentrations of vitamins, minerals, trace elements, and important fatty acids. Asian cuisines frequently employ red seaweed as a raw component in salads and soups.
The food sub-segment led the market in terms of application in 2021. The use of seaweed in the food industry is responsible for this market's growth because three distinct kinds of hydrocolloids-carrageenan, agar, and alginate-can be made from red and brown seaweeds. Hydrocolloids are non-crystalline substances that thicken (viscous) solutions when dissolved in water. The food sector mainly uses hydrocolloids to thicken, emulsify, gel, and preserve food products. It is anticipated that each of these variables will propel the market share of seaweed protein in food applications and quicken its growth.
Purchase Chapters:
https://reports.valuates.com/request/chaptercost/ALLI-Manu-1M79/Seaweed_Protein_Market
Key Players:
- Irish Seaweed
- Qingdao Gather Great Ocean Algae Industry Group Co Ltd
- Mara Seaweed
- Seasol International Pty. Ltd
- Maine Coast Sea Vegetables
- CP Kelco
- Algaia
- Cargill Inc
- Acadian Seaplants
- AtSeaNova
Purchase Regional Data:
https://reports.valuates.com/request/regional/ALLI-Manu-1M79/Seaweed_Protein_Market
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
-Commercial Seaweed Market
- The global Seaweeds market was valued at USD 5590.4 million in 2022 and is anticipated to reach USD 10520 million by 2029, witnessing a CAGR of 9.3% during the forecast period 2023-2029.
-Seaweed Protein Powder Market
-Seaweed Powder market was valued at USD 26 million in 2022 and is anticipated to reach USD 36 million by 2029, witnessing a CAGR of 4.7% during the forecast period 2023-2029.
-Seaweed Extracts for Cosmetics and Food and Beverage market is projected to reach USD 1599.6 million in 2029, increasing from USD 1020 million in 2022, with the CAGR of 6.5% during the period of 2023 to 2029.
-Microalgae and Seaweed Proteins Market
-Brown Seaweed Extract Market
-Seaweed Biofertilizers Market
-Seaweed Slow Release Granular Fertilizer market is projected to reach USD 1291 million in 2029, increasing from USD 831 million in 2022, with the CAGR of 5.3% during the period of 2023 to 2029.
-Gourmet Seaweed Seasoning market is projected to reach USD 64 million in 2029, increasing from USD 43 million in 2022, with the CAGR of 4.6% during the period of 2023 to 2029.
-Food Grade Commercial Seaweeds market is projected to reach USD 28500 million in 2029, increasing from USD 15120 million in 2022, with the CAGR of 9.5% during the period of 2023 to 2029.
-Algae Based Alternative Protein Market
-Seaweed Extracts for Cosmetics and Food and Beverage market is projected to reach USD 1599.6 million in 2029, increasing from USD 1020 million in 2022, with the CAGR of 6.5% during the period of 2023 to 2029.
-Algae Feed Market
-Plant-Based Shrimp Market
- The global algae products market was valued at USD 2,276.0 Million in 2020, and is projected to reach USD 4286.8 Million by 2031, growing at a CAGR of 4.88%.
-Cosmetic Grade Seaweed Extract Market
-Algae Protein market size is estimated to be worth USD 421.3 million in 2022 and is forecast to a readjusted size of USD 514.9 million by 2028 with a CAGR of 3.4% during the review period.
-Brown Algae Protein Market
-Hemp Protein Market
-Potato Protein market size is expected to reach USD 145.2 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029.
-Rice Protein market was valued at USD 150 million in 2022 and is anticipated to reach USD 354.1 million by 2029, witnessing a CAGR of 12.9% during the forecast period 2023-2029.
-Pea Protein market size is estimated to be worth USD 876.3 million in 2022 and is forecast to a readjusted size of USD 2069.5 million by 2028 with a CAGR of 15.4% during the review period.
-Recombinant Protein Market estimated at USD 975.77 million in the year 2022, is projected to reach a revised size of USD 2,320.21 million by 2029, growing at a CAGR of 13.02% during the forecast period 2023-2029.
-Dietary Supplements market size is projected to reach USD 121110 Million by 2027, from USD 89810 Million in 2020, at a CAGR of 3.9%.
DISCOVER OUR VISION: VISIT ABOUT US!
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
YOUR FEEDBACK MATTERS: REACH OUT TO US!
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/seaweed-protein-market-size-to-grow-usd-1-51-billion-by-2030-at-a-cagr-of-11-6--valuates-reports-302014170.html
