Seaweed Protein Market Revenue to Cross US$1,407.41 Million By 2032 Registering at a CAGR of 11.3% - Exclusive Study by Polaris Market Research

With traditional protein sources such as eggs, dairy, and meat becoming increasingly expensive and environmentally sustainable, researchers are increasingly looking for alternative protein sources like seaweed. This is anticipated to fuel the demand and growth for seaweed protein over the forecast period. The global seaweed protein market was valued at USD 481.82 million in 2022 and is projected to reach USD 1,407.41 million by 2032, growing at a CAGR of 11.3% during the forecast period.

Seaweed, or macroalgae, is a common name for thousands of species of marine algae. It is generally attached to the sea bottom or other things with a root-like structure called holdfast. Seaweed species like kelps offer essential nursery habitats for fish and other marine species, with other species like planktonic algae playing a crucial role in capturing carbon and producing oxygen. Some seaweed species are also edible, making them commercially important to humans. Seaweed protein refers to the protein extracted from seaweed. Seaweed protein is a great source of all amino acids, including glycine, alanine, proline, and aspartic acids.

𝙂𝙚𝙩 𝙖 𝙁𝙍𝙀𝙀 𝙎𝙖𝙢𝙥𝙡𝙚 𝘾𝙤𝙥𝙮 𝙤𝙛 𝙩𝙝𝙚 𝗦𝗲𝗮𝘄𝗲𝗲𝗱 𝗣𝗿𝗼𝘁𝗲𝗶𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝙍𝙚𝙨𝙚𝙖𝙧𝙘𝙝 𝙍𝙚𝙥𝙤𝙧𝙩 𝙖𝙩 @https://www.polarismarketresearch.com/industry-analysis/seaweed-protein-market/request-for-sample

Key Companies
Some of the major players operating in the seaweed protein market are:
• CP Kelco
• Algaia
• Algea
• Qingdao Gather Great Ocean Algae Industry Group
• Qingdao Brightmoon Seaweed Co Group
• Cargill Incorporated
• Gelymar SA
• Ceamsa
• BASF
• Irish Seaweed
• Dupont Nutrition and Biosciences
• Compo Expert Group
• Beijing Leili Agricultural Co
• Groupe Roullier and Acadian Seaplants.

Regional Landscape

Among the regional markets, Asia Pacific is anticipated to witness higher growth in the upcoming years. As seaweed has been traditionally consumed in several Asian nations, there is a high level of familiarity and acceptance of seaweed in the region. This, in turn, is anticipated to drive the demand for seaweed protein as a plant-based alternative in various regions. Besides, North America is anticipated to have the largest revenue share over the forecast period.

𝑩𝒖𝒚 𝒕𝒉𝒊𝒔 𝑷𝒓𝒆𝒎𝒊𝒖𝒎 𝑹𝒆𝒔𝒆𝒂𝒓𝒄𝒉 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://www.polarismarketresearch.com/buy/909/2

Segmental Overview
Polaris Market Research has segmented the seaweed protein market report based on source, mode of application, extraction process and region:
Seaweed Protein, Source Outlook (Revenue - USD Million, 2019 - 2032)
Red Seaweed
Green Seaweed
Brown Seaweed
Seaweed Protein, Mode of Application Outlook (Revenue - USD Million, 2019 - 2032)
Food
Animal Feed & Additives
Personal Care & Cosmetics
Seaweed Protein, Extraction Process Outlook (Revenue - USD Million, 2019 - 2032)
Conventional Method
Current Method

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 @ https://www.polarismarketresearch.com/industry-analysis/seaweed-protein-market

Seaweed Protein Market Report Highlights
• Red Seaweed is anticipated to grow at fastest rate due to increasing demand for plant-based protein and its versatility.
• Food segment accounted for the largest market share owing to the rising demand for plant-based products and favorable regulatory environment.
• Conventional method segment is projected to hold a significant revenue share due to the robust supply chain and infrastructure.
• North America is expected to hold largest revenue share owing to the increasing investments in seaweed farming and growing awareness of the health benefits of the seaweed.

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This release was published on openPR.