This report is an extensive analysis of current and potential trends in the Algal Protein market. The report provides an in-depth quantitative analysis of the current and future market estimations which helps to recognize the prevailing market opportunities. Key market players within the market are profiled in this report and their strategies are analysed completely which help to understand the competitive outlook 2020-2024.
Global Algal Protein Market Overview:
A recent report by Business Industry Reports offers an in-depth analysis of global Algal Protein market from 2020 to 2024. It also edifies various sides such as key drivers, prominent developments, and various market opportunities for businesses to gain maximum profit in the projected period.
Algae is one of the modest and ample forms of plant life, reaching from single cell microalgae to largest seaweeds. Algae create products like biodiesel, protein, fats, carbohydrate and other. Algae contain 10% to 50% of protein reliant upon their sizes. Chlorella, type of algae, contains 58g of protein in 100g of it. Owing to high protein content, algal protein is gaining inclination as a plant protein alternative. Algal protein is rich in vitamins, minerals, and carotenoids that benefit the cells from damage. Algal protein drives the immune system, increases digestion, lessens fatigue, builds durability, acts as the detoxifier, boosts energy levels, controls appetite, recovers cardiovascular function, reduces irritation and allergies and helps in better working of liver and kidneys. Algae protein holds omega-3 fatty acids which avoid several diseases like atherosclerosis, thrombosis, arthritis, cancers, etc. The omega-3 fatty acids include Docosahexaenoic acid (DHA) and Eicosapentaenoic acid (EPA). Algae contain protein with essential amino acids, which is involved in the metabolic procedures like enzyme production. Hence, high demand is seen for algae products from the food & feed industry in the market.
The latest study on the Algal Protein market published by business industry reports offers a deep understanding of the various market dynamics such as the challenges, drivers, trends, and opportunities. The report further elaborates on the micro and macro-economic factors that are expected to shape the growth of the Algal Protein market during the forecast period (2020-2024).
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Market Key Players
The global Algal Protein market is marked by some strong competition from the major players operating in this industry. Many merger and acquisition, joint venture and partnership agreement, product innovation, research and development and geographical extension are some of the key strategies adopted by this player to ensure long term sustenance in these market key participants in the global Algal Protein industry include.
The Nutrex Hawaii
The Algal Protein market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Product Type Segmentation
The global Algal Protein market is segmented on the basis of geography, into key four regions via. North America, Europe, Asia Pacific, and rest of the world. Occurrence of a large number of foremost worldwide protein producer and higher protein consumption will endure to account for the top market position of North America, specifically the U.S. Europe will be another main market, headed by the U.K. and Germany. APAC, mostly China and India, is however projected to arise at the fastest rate over 2020-2024. This growth is recognized to rising impact of the Western lifestyle and awareness about health profits of the protein product.
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Global Industry News:
Cyanotech Corporation : Cyanotech® Donates Protein Powder and Medical Supplies to Local Hospitals
(April 11, 2020) — Cyanotech®, a world leader in microalgae-based, high-value nutrition and health products, has donated over 700 bottles of their Hawaiian Spirulina® Protein Shake and personal protective equipment (PPE) to two Hawaii Island hospitals. Cyanotech grows and produces Hawaiian Spirulina, a powerful superfood with immune boosting benefits and BioAstin® Hawaiian Astaxanthin®, a potent antioxidant supplement derived from natural microalgae grown on the Kona Coast of the Big Island of Hawaii.
“We are extremely grateful to our community front line workers and are pleased to be able to give back to them in any way we can,” said Dr. Gerry Cysewski, Chief Executive Officer, Cyanotech. “In wake of the COVID-19 pandemic, we hope that our donation to Kona Community and North Hawaii Community Hospitals will provide protection and nutritional support to these local heroes.”
Cyanotech’s Hawaiian Spirulina Protein Shake is plant-based and contains 16 grams of protein per serving, plus energy boosters rhodiola and panax ginseng. Spirulina has been shown in multiple human clinical studies to help support the immune and cardiovascular system and provides numerous healthful antioxidants.* In addition to the protein shakes, Cyanotech has donated 45 boxes of gloves, 2 boxes of Tyvek® suits, and 1 box of respirator cleaning wipes to the Kona Community Hospital.
“Our commitment to better health and well-being extends out to our community. While we hope to continue to support our local hospitals with more donations in the future, we chose to donate the personal protective equipment to Kona Community Hospital, as this part of our island is anticipated to report the most COVID-19 cases,” added Cysewski.
Key Points Covered :
This research study inspects the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-complexity information regarding the development, trends, and industry policies and guidelines implemented in each of the geographical regions. Further, the overall directing framework of the market has been thoroughly covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
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Major Points in Table of Contents:
Section 1 Algal Protein Product Definition
Section 2 Global Algal Protein Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Algal Protein Shipments
2.2 Global Manufacturer Algal Protein Business Revenue
2.3 Global Algal Protein Market Overview
2.4 COVID-19 Impact on Algal Protein Industry
Section 3 Manufacturer Algal Protein Business Introduction
3.1 The Nutrex Hawaii Algal Protein Business Introduction
3.1.1 The Nutrex Hawaii Algal Protein Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 The Nutrex Hawaii Algal Protein Business Distribution by Region
3.1.3 The Nutrex Hawaii Interview Record
3.1.4 The Nutrex Hawaii Algal Protein Business Profile
3.1.5 The Nutrex Hawaii Algal Protein Product Specification
3.2 Cyanotech Corporation Algal Protein Business Introduction
3.2.1 Cyanotech Corporation Algal Protein Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 Cyanotech Corporation Algal Protein Business Distribution by Region
3.2.3 Interview Record
3.2.4 Cyanotech Corporation Algal Protein Business Overview
3.2.5 Cyanotech Corporation Algal Protein Product Specification
3.3 Heliae Development Algal Protein Business Introduction
3.3.1 Heliae Development Algal Protein Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 Heliae Development Algal Protein Business Distribution by Region
3.3.3 Interview Record
3.3.4 Heliae Development Algal Protein Business Overview
3.3.5 Heliae Development Algal Protein Product Specification
3.4 TerraVia Holdings Algal Protein Business Introduction ………………. Request free sample to get a complete Table of Content
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