Europe Algae Protein Market Size, Share & Industry Trends Analysis Report By Type (Microalgae and Macroalgae), By Source (Freshwater and Marine), By Application (Dietary Supplements, Animal Feed, Pharmaceuticals, Human Food), By Country and Growth Forecast, 2022 - 2028

The Europe Algae Protein Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).

The high protein content of algal proteins makes them a suitable source of new protein for animal feed. Approximately 30 percent of algal output is being used for animal feed. Due to its nutritional advantages and high protein content, spirulina is commonly used to augment animal feed. Proteins derived from algae may be fed to a broad variety of animals, including livestock and domesticated animals.

Protein from seaweed, chlorella, and spirulina may be added to the diets of several species, including pigs, cows, sheep, chickens, and rabbits. An intensive study has been conducted on the consumption of algal proteins by chickens in the hopes of generating a profit from this unique protein source. It has been shown that algal proteins can strengthen the immune systems of animals, lower their cholesterol levels, and boost their white blood cell count.

Furthermore, algae is an excellent source of omega-a3 for any animal that receives it through the feed. The incorporation of Spirulina protein into chicken feed has been the subject of many studies and has benefits for the production of eggs for customers. Algae protein has been utilized to substitute soy protein in animal feed for pigs, and spirulina has become a popular supplement to their diet. The use of brown seaweed by pigs has been shown helpful for weight gain, and it can also improve the iodine levels in their muscles.

According to the National Library of Medicines, the use of seaweed as a food source, which was formerly restricted to specific European regional subpopulations, has increased significantly across European nations and other EU areas during the past decade. In addition, as people become more aware of and interested in sustainable and alternative food sources, better lives, and dietary changes, seaweed has emerged as a prominent ingredient in cuisines throughout the world.

The Germany market dominated the Europe Algae Protein Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $165.4 million by 2028.The UK market is anticipated to grow at a CAGR of 8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.7% during (2022 - 2028).

Based on Type, the market is segmented into Microalgae and Macroalgae. Based on Microalgae Type, the market is segmented into Spirulina, Chlorella and Others. Based on Source, the market is segmented into Freshwater and Marine. Based on Application, the market is segmented into Dietary Supplements, Animal Feed, Pharmaceuticals, Human Food and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Algae Protein Market will Hit $4.4 Billion by 2028, at a CAGR of 8.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cyanotech Corporation, E.I.D. Parry Limited (Murugappa Group), Rainbow Light Nutritional Systems, LLC (The Clorox Company), Corbion N.V., DIC Corporation, NOW Foods, Inc., ENERGYbits, Inc., Vimergy LLC, and Far East Microalgae Industries, Co., Ltd.

Scope of the Study

Market Segments Covered in the Report:

By Type

• Microalgae
  • Spirulina
  • Chlorella
  • Others
• Macroalgae

By Source

• Freshwater
• Marine

By Application

• Dietary Supplements
• Animal Feed
• Pharmaceuticals
• Human Food
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Cyanotech Corporation
• E.I.D. Parry Limited (Murugappa Group)
• Rainbow Light Nutritional Systems, LLC (The Clorox Company)
• Corbion N.V.
• DIC Corporation
• NOW Foods, Inc.
• ENERGYbits, Inc.
• Vimergy LLC
• Far East Microalgae Industries, Co., Ltd

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Algae Protein Market, by Type
1.4.2 Europe Algae Protein Market, by Source
1.4.3 Europe Algae Protein Market, by Application
1.4.4 Europe Algae Protein Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Europe Algae Protein Market by Type
3.1 Europe Microalgae Market by Country
3.2 Europe Algae Protein Market by Microalgae Type
3.2.1 Europe Spirulina Market by Country
3.2.2 Europe Chlorella Market by Country
3.2.3 Europe Others Market by Country
3.3 Europe Macroalgae Market by Country

Chapter 4. Europe Algae Protein Market by Source
4.1 Europe Freshwater Market by Country
4.2 Europe Marine Market by Country

Chapter 5. Europe Algae Protein Market by Application
5.1 Europe Dietary Supplements Market by Country
5.2 Europe Animal Feed Market by Country
5.3 Europe Pharmaceuticals Market by Country
5.4 Europe Human Food Market by Country
5.5 Europe Other Application Market by Country

Chapter 6. Europe Algae Protein Market by Country
6.1 Germany Algae Protein Market
6.1.1 Germany Algae Protein Market by Type
6.1.1.1 Germany Algae Protein Market by Microalgae Type
6.1.2 Germany Algae Protein Market by Source
6.1.3 Germany Algae Protein Market by Application
6.2 UK Algae Protein Market
6.2.1 UK Algae Protein Market by Type
6.2.1.1 UK Algae Protein Market by Microalgae Type
6.2.2 UK Algae Protein Market by Source
6.2.3 UK Algae Protein Market by Application
6.3 France Algae Protein Market
6.3.1 France Algae Protein Market by Type
6.3.1.1 France Algae Protein Market by Microalgae Type
6.3.2 France Algae Protein Market by Source
6.3.3 France Algae Protein Market by Application
6.4 Russia Algae Protein Market
6.4.1 Russia Algae Protein Market by Type
6.4.1.1 Russia Algae Protein Market by Microalgae Type
6.4.2 Russia Algae Protein Market by Source
6.4.3 Russia Algae Protein Market by Application
6.5 Spain Algae Protein Market
6.5.1 Spain Algae Protein Market by Type
6.5.1.1 Spain Algae Protein Market by Microalgae Type
6.5.2 Spain Algae Protein Market by Source
6.5.3 Spain Algae Protein Market by Application
6.6 Italy Algae Protein Market
6.6.1 Italy Algae Protein Market by Type
6.6.1.1 Italy Algae Protein Market by Microalgae Type
6.6.3 Italy Algae Protein Market by Source
6.6.4 Italy Algae Protein Market by Application
6.7 Rest of Europe Algae Protein Market
6.7.1 Rest of Europe Algae Protein Market by Type
6.7.1.1 Rest of Europe Algae Protein Market by Microalgae Type
6.7.2 Rest of Europe Algae Protein Market by Source
6.7.3 Rest of Europe Algae Protein Market by Application

Chapter 7. Company Profiles
7.1 Cyanotech Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 E.I.D. Parry Limited (Murugappa Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisitions, Joint Ventures and Mergers:
7.3 Rainbow Light Nutritional Systems, LLC (The Clorox Company)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Corbion N.V.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations & Agreements:
7.5 DIC Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 NOW Foods, Inc.
7.6.1 Company Overview
7.7 ENERGYbits, Inc.
7.7.1 Company Overview
7.8 Vimergy LLC
7.8.1 Company Overview
7.9 Far East Microalgae Industries, Co., Ltd
7.9.1 Company Overview

TABLE 1 Europe Algae Protein Market, 2018 - 2021, USD Million
TABLE 2 Europe Algae Protein Market, 2022 - 2028, USD Million
TABLE 3 Europe Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 4 Europe Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 5 Europe Microalgae Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Microalgae Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 8 Europe Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 9 Europe Spirulina Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Spirulina Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Chlorella Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Chlorella Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Macroalgae Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Macroalgae Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 18 Europe Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 19 Europe Freshwater Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Freshwater Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Marine Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Marine Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 24 Europe Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 25 Europe Dietary Supplements Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Dietary Supplements Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Animal Feed Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Animal Feed Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Human Food Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Human Food Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Other Application Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Other Application Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Algae Protein Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Algae Protein Market by Country, 2022 - 2028, USD Million
TABLE 37 Germany Algae Protein Market, 2018 - 2021, USD Million
TABLE 38 Germany Algae Protein Market, 2022 - 2028, USD Million
TABLE 39 Germany Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 40 Germany Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 41 Germany Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 42 Germany Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 43 Germany Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 44 Germany Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 45 Germany Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 46 Germany Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 47 UK Algae Protein Market, 2018 - 2021, USD Million
TABLE 48 UK Algae Protein Market, 2022 - 2028, USD Million
TABLE 49 UK Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 50 UK Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 51 UK Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 52 UK Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 53 UK Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 54 UK Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 55 UK Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 56 UK Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 57 France Algae Protein Market, 2018 - 2021, USD Million
TABLE 58 France Algae Protein Market, 2022 - 2028, USD Million
TABLE 59 France Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 60 France Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 61 France Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 62 France Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 63 France Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 64 France Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 65 France Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 66 France Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 67 Russia Algae Protein Market, 2018 - 2021, USD Million
TABLE 68 Russia Algae Protein Market, 2022 - 2028, USD Million
TABLE 69 Russia Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 70 Russia Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 71 Russia Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 72 Russia Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 73 Russia Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 74 Russia Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 75 Russia Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 76 Russia Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 77 Spain Algae Protein Market, 2018 - 2021, USD Million
TABLE 78 Spain Algae Protein Market, 2022 - 2028, USD Million
TABLE 79 Spain Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 80 Spain Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 81 Spain Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 82 Spain Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 83 Spain Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 84 Spain Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 85 Spain Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 86 Spain Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 87 Italy Algae Protein Market, 2018 - 2021, USD Million
TABLE 88 Italy Algae Protein Market, 2022 - 2028, USD Million
TABLE 89 Italy Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 90 Italy Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 91 Italy Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 92 Italy Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 93 Italy Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 94 Italy Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 95 Italy Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 96 Italy Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Algae Protein Market, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Algae Protein Market, 2022 - 2028, USD Million
TABLE 99 Rest of Europe Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 100 Rest of Europe Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 103 Rest of Europe Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 104 Rest of Europe Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 105 Rest of Europe Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 106 Rest of Europe Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 107 Key Information – Cyanotech Corporation
TABLE 108 Key Information – E.I.D. Parry Limited
TABLE 109 Key Information – RAINBOW Light Nutritional Systems, LLC
TABLE 110 Key Information – Corbion N.V.
TABLE 111 Key Information – DIC Corporation
TABLE 112 Key Information – NOW Foods, Inc.
TABLE 113 Key Information – ENERGYbits, Inc.
TABLE 114 Key Information – VIMERGY LLC
TABLE 115 Key Information – Far East Microalgae Industries, Co., Ltd

List of Figures
FIG 1 Methodology for the research