Product Code: ETC8834301 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Closely related to algae protein, this market focuses on protein isolates derived from various algal species for use in food, feed, and supplements. The Philippines is beginning to tap into this market as part of a broader move toward alternative proteins, supported by research institutions and startups.
Algal protein, closely related to algae protein, is gaining traction as a sustainable alternative protein source in the Philippine food and feed markets. Increasing interest in plant-based diets and sustainable agriculture supports growth. Technological advances in protein extraction and product development enhance commercial viability.
Algal protein faces similar barriers to algae protein in general, including high costs, limited infrastructure, and a lack of awareness among food manufacturers and consumers. The absence of industry standards and regulatory clarity around novel food ingredients also impedes its inclusion in mainstream applications. Additionally, competing plant proteins like soy and pea are more accessible and established.
Algal protein, similar to algae protein but often referring to more specific formulations or products, is poised to support the country`s shift towards sustainable nutrition. Investment in pilot farms, processing plants, and product development for both human and animal consumption can establish competitive advantages. The sector benefits from rising consumer awareness about protein sustainability and clean-label foods.
The government promotes algal protein as an alternative, sustainable protein source under various programs supporting food security and innovation. Regulatory oversight comes from the FDA and DA. The DOST provides research funding and technical support to local startups engaged in algal protein extraction and product development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Algal Protein Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Algal Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Algal Protein Market - Industry Life Cycle |
3.4 Philippines Algal Protein Market - Porter's Five Forces |
3.5 Philippines Algal Protein Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Algal Protein Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Algal Protein Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.8 Philippines Algal Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Algal Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Algal Protein Market Trends |
6 Philippines Algal Protein Market, By Types |
6.1 Philippines Algal Protein Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Algal Protein Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Philippines Algal Protein Market Revenues & Volume, By Spirulina, 2021- 2031F |
6.1.4 Philippines Algal Protein Market Revenues & Volume, By Chlorella, 2021- 2031F |
6.1.5 Philippines Algal Protein Market Revenues & Volume, By Seaweed, 2021- 2031F |
6.1.6 Philippines Algal Protein Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Philippines Algal Protein Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Algal Protein Market Revenues & Volume, By Powder Form, 2021- 2031F |
6.2.3 Philippines Algal Protein Market Revenues & Volume, By Liquid Form, 2021- 2031F |
6.3 Philippines Algal Protein Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Philippines Algal Protein Market Revenues & Volume, By Marine Algae, 2021- 2031F |
6.3.3 Philippines Algal Protein Market Revenues & Volume, By Fresh Water Algae, 2021- 2031F |
6.4 Philippines Algal Protein Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Algal Protein Market Revenues & Volume, By Dietary Supplements, 2021- 2031F |
6.4.3 Philippines Algal Protein Market Revenues & Volume, By Food Products Animal Feed, 2021- 2031F |
6.4.4 Philippines Algal Protein Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.4.5 Philippines Algal Protein Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.4.6 Philippines Algal Protein Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.4.7 Philippines Algal Protein Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Algal Protein Market Import-Export Trade Statistics |
7.1 Philippines Algal Protein Market Export to Major Countries |
7.2 Philippines Algal Protein Market Imports from Major Countries |
8 Philippines Algal Protein Market Key Performance Indicators |
9 Philippines Algal Protein Market - Opportunity Assessment |
9.1 Philippines Algal Protein Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Algal Protein Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Algal Protein Market Opportunity Assessment, By Source, 2021 & 2031F |
9.4 Philippines Algal Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Algal Protein Market - Competitive Landscape |
10.1 Philippines Algal Protein Market Revenue Share, By Companies, 2024 |
10.2 Philippines Algal Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |