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 …
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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 …