North American Algae Protein Market size to hit $290 Mn by 2026

Published Date: 2021-05-18

Request a sample

North American Algae Protein Market size is estimated to cross $290 Mn by 2026, according to a latest forecast report by Graphical Research.

Growing health consciousness among consumers has driven the demand for nutritional foods and diets, which boosted protein supplement consumption in North America. Increase in the number of individuals shifting from meat and dairy based protein sources to plant-based proteins should create new opportunities for the market.

The micro algae segment is predicted to record a CAGR of 5.5% between 2020 and 2026. Micro algae are generally present in freshwater and are utilized in foods as well as animal feed as source of vitamins, proteins, and minerals. Micro algae consist of a wide variety of algae and comprise bio-active compounds that help in improving nutritional value of foods. Rise in the demand for algae protein is attributed to rising popularity of plant-based derivatives among consumers who are looking for protein alternatives for meat and dairy based derivatives.

Rising popularity of nutraceuticals and dietary supplements is responsible for increase in the demand for protein supplements in capsule and liquid forms owing to convenience and ease of availability. Consumer spending on dietary supplements has soared in recent years to meet daily nutrition requirement.

Browse detailed statistical insights from the report, “North America Algae Protein Market Size By Application (Dietary Supplements, Food & Beverage (Bakery & Confectionery, Protein Drinks, Breakfast Cereals, Snacks), Animal Feed, Cosmetics), By Source (Seaweed {Brown Algae, Green Algae and Red Algae}, Micro algae {Blue-Green Algae, Others}), By Product (Spirulina, Chlorella), By Dosage Form (Capsules, Liquid, Powder), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026” along with the table of contents (ToC) @

Chlorella is a green algae that belongs to the Chlorophyta division and is a rich source of antioxidants, vitamins, and minerals. Chlorella helps in improving blood insulin and cholesterol levels and can be consumed daily for preventing illness, improving immune health, detoxing body, and controlling blood pressure. These health benefits offered by chlorella has driven its popularity among consumer who want to enhance their overall health.

Consciousness about improving overall health has increased owing to increasing knowledge regarding nutrients and growing focus on preventing occurrence on chronic illness. Lack of physical activity among working individuals and children has driven the prevalence of chronic disorders such as diabetes and high blood pressure. This has influenced consumers to shift to healthier dietary patterns for enhancing overall health.

The powder segment held over USD 100 million revenue in 2019 due to growing dependency on powdered protein supplements owing to rising focus on physical activity and proper nutrition. The demand for protein powder with high protein content is fueling pertaining to increasing number of athletes and rising focus on muscle building and recovery.

The North American algae protein market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2015 to 2026 for the following segments:

North America Market, By Source

  • Seaweed
    • Brown Algae
    • Green Algae
    • Red Algae
  • Micro algae
    • Blue-Green Algae
    • Others

North America Market, By Product

  • Spirulina
  • Chlorella
  • Others

North America Market, By Dosage Form

  • Capsules
  • Liquid
  • Powder
  • Others

North America Market, By Application

  • Dietary Supplements
  • Food & Beverage
    • Bakery & Confectionery
    • Protein drinks
    • Breakfast cereals
    • Snacks
    • Others
  • Animal Feed
  • Cosmetics
  • Others

The above information has been provided for the following countries:

  • North America 
    • U.S.
    • Canada
    • Mexico