Code: MTA3532 | Publication Date: May 2025 |
The algae protein market is valued at approximately USD 967.5 million and is projected to reach USD 1.40 billion by 2031, growing at a CAGR of 8.5% over the forecast period. This market includes various types of algae-derived proteins such as spirulina, chlorella, and other blue-green microalgae, used across multiple industries including nutraceuticals, food & beverages, animal feed, and cosmetics.
The algae protein market is growing due to several trends. For instance:
In a similar vein to ever-changing needs, there is an increasing need for sustainable sources of protein because farm animal agriculture has begun to expose its impacts on the environment, which compels both consumers and industries to search for other greener sources.
Not only are algae proteins sustainable, but they are also high in antioxidant vitamins (such as B12), iron, essential fatty acids, etc. These benefits translate into promoting heart health, immune function, and energy levels, making algae a worthy ingredient for functional foods, dietary supplements, and health drinks.
Certainly, the whole world is turning to plant-based feeding, primarily for health, ethical, and environmental reasons, thereby increasing demand for alternative protein sources. Complete proteins with all essential amino acids are offered by algae.
Besides, with their great nutrient density and considerably lower ecological footprint compared to the main conventional feed ingredients, algae proteins are making their way into livestock, poultry, and aquaculture feed.
Skincare applications of algae-derived ingredients are further boosted by their anti-aging and hydrating properties, thus widening the market potential beyond food and beverages.
As the demand for sustainable food sources continues to expand, algae protein is emerging as a promising competitor in the realm of plant-based nutrition. Derived from various species of microalgae, this powerhouse ingredient is packed with essential amino acids, vitamins, and minerals, making it both nutrient-dense and environmentally friendly. Unlike traditional crops, algae can be cultivated in water, requiring significantly fewer resources and leaving a smaller carbon footprint. Furthermore, its versatility allows it to be incorporated into a wide range of food products, from protein powders to meat alternatives. By harnessing the potential of algae protein, the food industry is paving the way for a future that prioritizes sustainability without compromising on health or flavor.