Global Algal Protein Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Algal Protein market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Algal Protein market."
Algae is one of the simplest and abundant forms of plant life, ranging from single cell microalgae to largest seaweeds. Algae produce products like biodiesel, protein, fats, carbohydrate and other. Algae contain 10% to 50% of protein depending upon their sizes. Chlorella, type of algae, contains 58g of protein in 100g of it. Due to high protein content, algal protein is gaining preference as a plant protein alternative. Algal protein is rich in vitamins, minerals, and carotenoids that help the cells from damage. Algal protein boosts the immune system, improve digestion, reduce fatigue, build endurance, acts as the detoxifier, boosts energy levels, controls appetite, improves cardiovascular function, reduces inflammation and allergies and helps in better functioning of liver and kidneys. Algae protein contains omega-3 fatty acids which prevent 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 processes like enzyme production. Hence, high demand is observed for algae products from the food & feed industry in the market.
Demand for protein globally is driven by socio-economic changes such as rising incomes, increased urbanization, and aging populations whereby the contribution of protein to healthy aging is increasingly recognized and recognition of the role of protein in a healthy diet. Economic development and increased urbanization are leading to major transitions in population-level dietary patterns in low and middle-income countries in particular, such that most of the global increases in demand for foods of animal origin are seen in developing countries.
The algae production requires a high-level of sterility, which also makes it an expensive procedure. Another cause of concern is that its intake as a dietary supplement may lead to indigestion or allergic reactions in humans.

The global Algal Protein market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Algal Protein volume and value at global level, regional level and company level. From a global perspective, this report represents overall Algal Protein market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    The Nutrex Hawaii
    Cyanotech Corporation
    Heliae Development
    TerraVia Holdings
    ...

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Chlorella
    Spirulina

Segment by Application
    Dietary Food
    Feed Industry
    Pharmaceutical Industry
    Cosmetics Industry