In 2022, the algal protein market (Markt für Algenproteine) was expected to be worth over US$703.891 million. It is predicted that a shift in consumer preferences away from animal-based proteins and toward plant-based alternatives would increase the market for algal protein. By 2033, it’s expected to have generated US$ 1,772.7 million, at a 9% CAGR from …
Tag Archives: Algal Protein Market
Rising Demand for Plant-Based Proteins: Algal Protein Market Expected to Grow at 9% CAGR, Surpassing USD1.7 Billion by 2033
Algal Protein Market In 2022, the algal protein market is experiencing significant growth, with an estimated value of US$ 703.89 million in 2022, projected to reach US$ 1,772.7 million by 2033, at a CAGR of 9%. This growth is driven by shifting consumer preferences towards plant-based protein alternatives and increasing awareness of the health and environmental …
From Plant-Based Power Unveiling the Growth Trajectory of Algal Protein Market Projected to Surpass USD 1,010 Million by 2032
The global algal protein market is anticipated to create an absolute dollar opportunity by generating a revenue of US$ 700 Mn by the end of 2022. The sales of algal protein are expected to exceed US$ 1010 Mn by 2032, projecting growth at a robust CAGR of nearly 8% to 9% during the forecast period …
Algal Protein Market size Insights, Deep Analysis of Key Vendor in the Industry 2022-2032
The global algal protein market is estimated to create an incremental opportunity of US$ 700 Mn by the end of 2022. The sales of algal protein is expected to exceed US$ 1010 Bn by 2032, projecting growth at a robust CAGR of nearly 8% to 9% during the forecast period 2022-2032. Shift in consumer preference from adopting animal-based proteins to plant-based alternatives is …