Seaweed Protein Market Surges to $1.51B by 2030 | Embracing Health and Nutrition Trends.
โ Allied Market Research
WILMINGTON,NEW CASTLE, DELAWARE 19801 USA, UNITED STATE, January 28, 2024 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, โSeaweed Protein Market,” The seaweed protein market was valued at $550.40 million in 2021, and is estimated to reach $1.51 billion by 2030, growing at a CAGR of 11.6% from 2022 to 2030.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/17272
๐๐บ๐ฝ๐ฎ๐ฐ๐ ๐ผ๐ณ ๐๐ข๐ฉ๐๐-๐ญ๐ต ๐ผ๐ป ๐๐ต๐ฒ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฆ๐ฒ๐ฎ๐๐ฒ๐ฒ๐ฑ ๐ฃ๐ฟ๐ผ๐๐ฒ๐ถ๐ป ๐๐ป๐ฑ๐๐๐๐ฟ๐
The COVID-19 pandemic had a negative impact on the global market. Due to increasing prevalence of coronavirus, several industries including agriculture, food, and others were completely closed. As of result of this, demand for seaweed protein was significantly reduced. The market has faced a negative impact during the epidemic.
COVID-19 hampered industrial processes and disrupted the supply chain, affecting almost every industry. Due to a lack of workers, most businesses had ceased operations during the pandemic. As a result of COVID-19’s impact on the global seaweed protein market demand was reduced significantly.
COVID-19 had a lower impact on certain countries such as Japan, due to people’s lifestyles and food patterns, which included a seaweed-rich diet. Seaweed consumption provides a variety of nutrients such as proteins, minerals, carbohydrates, water, and iodine. It also acts as an anti-inflammatory, antiviral, and antioxidant, and has prebiotic properties. According to the aforementioned considerations and analyses, the pandemic could create significant investment opportunities and seaweed protein market trends in the near future.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง https://www.alliedmarketresearch.com/request-for-customization/A16894
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ:
โข On the basis of type, the red sub-segment was the fastest growing in the base year and is predicted to have a dominating share in the global market during the forecast period
โข On the basis of application, the food sub-segment was the fastest growing in the base year and the animal feed & additives sub-segment is projected to have dominating share in the global market during the forecast period
โข On the basis of region, North America region is projected to remain the fastest-growing region during the forecast period. Asia-Pacific region is projected to have a dominating market share by 2030.
โข In depth study is conducted to understand the seaweed protein market analysis.
โข Major countries in each region are mapped according to their revenue contribution to the global seaweed protein market forecast.
๐๐๐ ๐๐จ๐ฐ https://www.alliedmarketresearch.com/checkout-final/61dd444434bc82f2fe9f4bed5bb235cc
Proline, glycine, alanine, glutamic, arginine, and aspartic acids are among the amino acids present in seaweed protein. These amino acids are beneficial for human health. According to research, red seaweeds have a high protein content, green seaweeds have a moderate protein content, and brown seaweeds have a low protein content. Seaweed protein is gaining demand as a more cost-effective and alternative source of protein for human and animal nutrition. The seaweed protein market growth is being aided by an increase in the occurrence of health diseases, increased understanding of healthy eating habits, and an increase in health and fitness awareness. Consumers are more conscious regarding their nutritional consumption, benefits of physical activity, and importance of eating food that suits the body’s nutritional needs. These trends are anticipated to boost revenue growth the seaweed protein market size in the upcoming years.
Seaweed protein is mostly used in animal feed due to nutrients included in it such as vitamin A, B1, B2, E, K, and C. Consuming seaweeds such as spirulina and chlorella, contain all of the essential amino acids. Moreover, seaweed ensures that consumer gets full range of amino acids. Seaweed can also act as a good source of omega-3 fats. It is used in the development of aquaculture feed, monogastric cattle feed, ruminant feed, and others. Cattle’s overall health and growth rate is improved as a result of consuming seaweed protein. Development of this market is fuelled by increased livestock industrialization, rising meat consumption, and increased need for nutritious feed.
๐๐๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ https://www.alliedmarketresearch.com/connect-to-analyst/17272
Seaweed farming is more expensive than land farming, which is projected to hinder the global market expansion. Also, excessive consumption of seaweed can cause health problems due to presence of toxic minerals. Therefore, all such factors are anticipated to hamper the seaweed protein market share during the forecast period.
Increased use of seaweed in dietary supplements due to its nutritional worth, flavor-enhancing capabilities, and weight-loss properties has driven seaweed protein demand. Seaweeds also have a high concentration of bioactive compounds, antioxidants, and antibacterial properties, making them appropriate for a number of medicinal uses. In addition, new uses for seaweed have raised demand in recent years. In the textile business, it is used as a thickener, and in agriculture, it is used to improve soil quality. the above mentioned factors are anticipated to propell the seaweed protein market opportunities over the forecast period.
The market is segmented on the basis of type, application, and region. By type, the market is classified as red, brown, and green. By application, it is classified as food, animal feed & additives, cosmetics & personal care, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the seaweed protein market include CP Kelco, Cargill, Incorporated, Qingdao Gather Great Ocean Algae Industry Group CO. LTD, Mara Seaweed, ASL, Irish Seaweeds, AtSeaNova, ALGAIA, Seasol, and Maine Coast Sea Vegetables.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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Originally published at https://www.einpresswire.com/article/684388913/seaweed-protein-market-to-reach-1-51-billion-by-2030-fueled-by-growing-health-awareness-and-nutritional-demand