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Global Algae Proteins Industry

ReportLinker
·25-min read

Algae are More Sustainable than Plant & Animal Protein Sources. Market to Reach $1. 2Billion. The global market for Algae Proteins is projected to reach US$1. 2 billion by the year 2027, trailing a post COVID-19 CAGR of 6.

New York, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Algae Proteins Industry" - https://www.reportlinker.com/p05899002/?utm_source=GNW
6% over the analysis period 2020 through 2027. As population continues to grow & availability of arable land declines, demand for alternative protein sources is poised to witness robust growth. Algae as a source of protein are environmentally sustainable as compared to crop & animal based sources. Algae can grow on any surface, irrespective of the fertility or type of soil. In addition, algae grow rapidly compared to other plants and also provide higher quantities of biomass for equivalent land use. Soy, presently one of the largest sources of plant protein, occupies a large portion of land for cultivation. Algae can be grown in a fraction of the land extent and provide more protein content. In addition, the waste by products after protein extraction can be used for aqua feed as well as a biomass for energy production. Moreover, algae production does not require huge inputs of fertilizers, which avoids multiple harmful effects of fertilizer usage thus ensuring sustainability. However, for algae proteins to emerge as a mainstream and robust market, systemic changes are required in terms of supply chains, consumer acceptance, costs, and demonstration of safety and finally consumer acceptance. Algae proteins such as spirulina and chlorella offer the highest amount of protein, and are increasingly being used by food manufacturers and processors to enhance the protein content in food. For instance spirulina consists of nearly double the amount of protein percentage compared to soy in terms of dry weight. A higher turnover than plants or animals means algae grows fast and can be harvested on a daily basis.

Seaweed and microalgae are emerging as popular algae based sources for protein. Alternative proteins are expected to benefit from increasing popularity of protein bars and snacks among health-conscious individuals. The increasing shift away from beef towards beans is driving manufacturers to offer algal protein-based options at affordable price points. Algal proteins are known for their numerous health benefits over their animal-based counterparts. Based on its disease-fighting properties due to the presence of phytonutrients and fiber, spirulina is enjoying mainstream presence as functional food ingredient and natural food colorant. The popularity of plant-based proteins is encouraging manufacturers to exploit phytoplankton and chlorella as key strains. On the flip side, plant proteins often lack specific essential amino acids needed for growth of the body. In addition, researchers are yet to fully understand bioavailability and digestibility of algal proteins. These factors point towards the need for more scientific evidence for demonstrating quality of products based on algal proteins.

Algae have been conventionally consumed as vegetable and used in industrial applications in the Eastern and Western worlds, respectively. However, research has demonstrated that microalgae are loaded with proteins along with micronutrients like calcium, vitamins, polyphenols, iodine and carotenoids. Like various protein-rich vegetables such as soy beans, certain phyllum of algae such as red seaweeds contain high-quality proteins. These micronutrients are driving several players to consider microalgae for applications within the food industry. In addition, animal feed applications consume 30% of global algal production. A number of countries have approved specific algae as chicken feed, and don’t require new approval or testing for feed applications. Researchers have also proposed effective and scalable approaches along with extraction methods related to functional proteins found in green alga Tetraselmis suecica. Biologically, algae are primarily segregated into seaweed and microalgae. While the former are complex multi-cellular organisms harboring in marine environments and salt water, microalgae represent single-celled, very small organisms capable of growing in diverse environmental conditions like alkalinity, pH, sunlight, competing ions and fertilizers. Various companies harvest seaweeds from the sea and import to other countries, especially France and Japan. While some of these products are used in food supplements or consumed directly, others are being investigated for use as feed additives, mainly in fish diets. In addition to conventional protein extraction methods such as enzymatic hydrolysis, physical processes & chemical extraction, novel technologies like ultrasound-assisted extraction, pulsed electric field & microwave-assisted extraction are growing in popularity.

Competitors identified in this market include, among others,

  • Allmicroalgae
    Natural Products SA

  • Corbion NV

  • Cyanotech Corporation

  • Earth Rise Nutritionals, LLC

  • Energybits, Inc.

  • FEBICO (Far East Bio-Tec Co., Ltd.)

  • Heliae Development LLC

  • Nutress BV

  • Nutrex Hawaii

  • Plant Head

  • Rainbow Light

  • Roquette Klotze GmbH & Co. KG

  • Spira Inc.

  • TerraVia Holdings, Inc.




Read the full report: https://www.reportlinker.com/p05899002/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE I-1

II. EXECUTIVE SUMMARY II-1

1. MARKET OVERVIEW II-1
Impact of Covid-19 and a Looming Global Recession II-1
Exhibit 1: Health Foods Buck the Trend of Reducing Consumer
Spends Across a Multitude of Categories: US Per Store Average
Growth in Sales of Health Foods March-June 2020 (In %) II-3
An Introduction to Algae Protein II-3
Exhibit 2: Estimated Protein Content in Select Food Sources (in %
of Dry Matter) II-4
Health Benefits of Algal Proteins II-4
Increasing Attention on Plant-derived Proteins II-5
Algae as a Sustainable Alternative II-5
Algae: Showing Potential for Food Applications II-5
Overwhelming Demand for Alternative Protein Sources Makes Algal
Proteins to Enjoy Center Stage Presence: An Outlook II-6
Growth Drivers of Algae Proteins II-7
Challenges II-7
Product Types of Algae Protein: Spirulina and Chlorella Account
for Majority of the Market II-8
Exhibit 3: World Algae Protein Products Market: Percentage
Breakdown (2020) of Revenues and % CAGR (2020-2027) for
Spirulina, Chlorella, and Other Products II-8
Sources of Algae Protein II-9
Exhibit 4: World Algae Protein Products Market by Source (2020 &
2027): Percentage Breakdown of Revenues for Freshwater Algae
Protein, and Marine Algae Protein II-9
Analysis by Application: Dietary Supplements Account for the
Largest Share II-9
Exhibit 5: World Algae Protein Products Market by Application
(2020 & 2027): Percentage Breakdown of Revenues for Dietary
Supplements, Food Products, Animal Feed, and Other
Applications II-10
Regional Analysis: Europe and North America Lead the Algae
Protein Market II-11
Exhibit 6: World Algae Protein Products Market (2020 & 2027):
Percentage Breakdown of Revenues for Developed and Developing
Regions II-11
Exhibit 7: World Algae Protein Products Market - Geographic
Regions Ranked by Value CAGR for 2020-2027: China, Asia-
Pacific, Latin America, Middle East, Africa, USA, Canada,
Europe, and Japan II-12
Competitive Scenario: Exciting Algae-Oriented Developments II-12
Recent Market Activity II-14
Exhibit 8: Product of Select Leading Companies in Algae Protein
Market II-15

2. FOCUS ON SELECT PLAYERS II-16

3. MARKET TRENDS & DRIVERS II-17
Changing Protein Consumption Worldwide II-17
Food Needs of Expanding Global Population Improve Market Prospects II-18
Exhibit 9: World Population (in Thousands) by Geographic Region
for the Years 2019, 2030, 2050, 2100 II-19
Exhibit 10: World Urban Population in Million and as Percentage
of Total Population for the Period 1950-2050P II-20
Exhibit 11: Global Middle Class Population (in Millions) and as
a Percentage of Total Population: 2005, 2015, 2025 & 2035 II-21
Algae Proteins in Dietary Supplements II-21
Exhibit 12: World Dietary Supplements Market Revenues (in %) by
Form for the Year 2019 II-22
Growing Image of Algae as a Smarter Source of Protein Bodes Well II-22
Algae Proteins Gain Traction in Food Products II-23
Food Companies Taking Notice of Algae for Future Food Applications II-24
Algae in Animal Feed Applications II-24
Exhibit 13: World Animal Feed Market Revenues (in %) by
Livestock Type for the Year 2019 II-25
Algaculture Trends Favor Growth II-25
Seaweed Production Grows II-27
Rising Production of Microalgae II-27
New Algal Protein Based Food Products Augurs Well II-27
Consumer Focus on Natural Ingredients & Clean Label II-28

4. GLOBAL MARKET PERSPECTIVE II-29
Table 1: World Current & Future Analysis for Algae Proteins by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-29

Table 2: World Historic Review for Algae Proteins by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 II-30

Table 3: World 15-Year Perspective for Algae Proteins by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets for Years 2012, 2020 & 2027 II-31

Table 4: World Current & Future Analysis for Spirulina by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-32

Table 5: World Historic Review for Spirulina by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 II-33

Table 6: World 15-Year Perspective for Spirulina by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027 II-34

Table 7: World Current & Future Analysis for Chlorella by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-35

Table 8: World Historic Review for Chlorella by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 II-36

Table 9: World 15-Year Perspective for Chlorella by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027 II-37

Table 10: World Current & Future Analysis for Other Products by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-38

Table 11: World Historic Review for Other Products by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 II-39

Table 12: World 15-Year Perspective for Other Products by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027 II-40

Table 13: World Current & Future Analysis for Freshwater by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-41

Table 14: World Historic Review for Freshwater by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 II-42

Table 15: World 15-Year Perspective for Freshwater by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027 II-43

Table 16: World Current & Future Analysis for Marine by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-44

Table 17: World Historic Review for Marine by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 II-45

Table 18: World 15-Year Perspective for Marine by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa for Years 2012, 2020 & 2027 II-46

Table 19: World Current & Future Analysis for Dietary
Supplements by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 II-47

Table 20: World Historic Review for Dietary Supplements by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 II-48

Table 21: World 15-Year Perspective for Dietary Supplements by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027 II-49

Table 22: World Current & Future Analysis for Food Products by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-50

Table 23: World Historic Review for Food Products by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 II-51

Table 24: World 15-Year Perspective for Food Products by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027 II-52

Table 25: World Current & Future Analysis for Animal Feed by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2020 through 2027 II-53

Table 26: World Historic Review for Animal Feed by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2019 II-54

Table 27: World 15-Year Perspective for Animal Feed by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027 II-55

Table 28: World Current & Future Analysis for Other
Applications by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2020 through 2027 II-56

Table 29: World Historic Review for Other Applications by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2019 II-57

Table 30: World 15-Year Perspective for Other Applications by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2012, 2020 & 2027 II-58

III. MARKET ANALYSIS III-1

GEOGRAPHIC MARKET ANALYSIS III-1

UNITED STATES III-1
Healthy Growth Outlook for US Algae Protein Market III-1
Demand for Protein-Based Foods Bodes Well for Algae Protein Market III-1
Aging Population: A Prime Target for Algae Protein Product Makers III-2
Exhibit 14: Population of 65+ Age Group (in Thousands) in the
US for 2019 and 2030 III-2
Market Analytics III-3
Table 31: USA Current & Future Analysis for Algae Proteins by
Product - Spirulina, Chlorella and Other Products - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 III-3

Table 32: USA Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-4

Table 33: USA 15-Year Perspective for Algae Proteins by Product -
Percentage Breakdown of Value Sales for Spirulina, Chlorella
and Other Products for the Years 2012, 2020 & 2027 III-5

Table 34: USA Current & Future Analysis for Algae Proteins by
Source - Freshwater and Marine - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 III-6

Table 35: USA Historic Review for Algae Proteins by Source -
Freshwater and Marine Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-7

Table 36: USA 15-Year Perspective for Algae Proteins by Source -
Percentage Breakdown of Value Sales for Freshwater and Marine
for the Years 2012, 2020 & 2027 III-8

Table 37: USA Current & Future Analysis for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications - Independent Analysis of Annual Sales
in US$ Thousand for the Years 2020 through 2027 III-9

Table 38: USA Historic Review for Algae Proteins by Application -
Dietary Supplements, Food Products, Animal Feed and Other
Applications Markets - Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2019 III-10

Table 39: USA 15-Year Perspective for Algae Proteins by
Application - Percentage Breakdown of Value Sales for Dietary
Supplements, Food Products, Animal Feed and Other Applications
for the Years 2012, 2020 & 2027 III-11

CANADA III-12
COVID-19 Pandemic to Accelerate the Demand III-12
Market Analytics III-13
Table 40: Canada Current & Future Analysis for Algae Proteins
by Product - Spirulina, Chlorella and Other Products -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 III-13

Table 41: Canada Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-14

Table 42: Canada 15-Year Perspective for Algae Proteins by
Product - Percentage Breakdown of Value Sales for Spirulina,
Chlorella and Other Products for the Years 2012, 2020 & 2027 III-15

Table 43: Canada Current & Future Analysis for Algae Proteins
by Source - Freshwater and Marine - Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027 III-16

Table 44: Canada Historic Review for Algae Proteins by Source -
Freshwater and Marine Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-17

Table 45: Canada 15-Year Perspective for Algae Proteins by
Source - Percentage Breakdown of Value Sales for Freshwater and
Marine for the Years 2012, 2020 & 2027 III-18

Table 46: Canada Current & Future Analysis for Algae Proteins
by Application - Dietary Supplements, Food Products, Animal
Feed and Other Applications - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 III-19

Table 47: Canada Historic Review for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-20

Table 48: Canada 15-Year Perspective for Algae Proteins by
Application - Percentage Breakdown of Value Sales for Dietary
Supplements, Food Products, Animal Feed and Other Applications
for the Years 2012, 2020 & 2027 III-21

JAPAN III-22
Table 49: Japan Current & Future Analysis for Algae Proteins by
Product - Spirulina, Chlorella and Other Products - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 III-22

Table 50: Japan Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-23

Table 51: Japan 15-Year Perspective for Algae Proteins by
Product - Percentage Breakdown of Value Sales for Spirulina,
Chlorella and Other Products for the Years 2012, 2020 & 2027 III-24

Table 52: Japan Current & Future Analysis for Algae Proteins by
Source - Freshwater and Marine - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 III-25

Table 53: Japan Historic Review for Algae Proteins by Source -
Freshwater and Marine Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-26

Table 54: Japan 15-Year Perspective for Algae Proteins by
Source - Percentage Breakdown of Value Sales for Freshwater and
Marine for the Years 2012, 2020 & 2027 III-27

Table 55: Japan Current & Future Analysis for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications - Independent Analysis of Annual Sales
in US$ Thousand for the Years 2020 through 2027 III-28

Table 56: Japan Historic Review for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-29

Table 57: Japan 15-Year Perspective for Algae Proteins by
Application - Percentage Breakdown of Value Sales for Dietary
Supplements, Food Products, Animal Feed and Other Applications
for the Years 2012, 2020 & 2027 III-30

CHINA III-31
Algae Protein Market in China: An Overview III-31
Market Analytics III-32
Table 58: China Current & Future Analysis for Algae Proteins by
Product - Spirulina, Chlorella and Other Products - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 III-32

Table 59: China Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-33

Table 60: China 15-Year Perspective for Algae Proteins by
Product - Percentage Breakdown of Value Sales for Spirulina,
Chlorella and Other Products for the Years 2012, 2020 & 2027 III-34

Table 61: China Current & Future Analysis for Algae Proteins by
Source - Freshwater and Marine - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 III-35

Table 62: China Historic Review for Algae Proteins by Source -
Freshwater and Marine Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-36

Table 63: China 15-Year Perspective for Algae Proteins by
Source - Percentage Breakdown of Value Sales for Freshwater and
Marine for the Years 2012, 2020 & 2027 III-37

Table 64: China Current & Future Analysis for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications - Independent Analysis of Annual Sales
in US$ Thousand for the Years 2020 through 2027 III-38

Table 65: China Historic Review for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-39

Table 66: China 15-Year Perspective for Algae Proteins by
Application - Percentage Breakdown of Value Sales for Dietary
Supplements, Food Products, Animal Feed and Other Applications
for the Years 2012, 2020 & 2027 III-40

EUROPE III-41
Europe: A Mature Algae Protein Market III-41
Innovative Health Trends Drive Demand for Protein-Rich
Functional Ingredients III-41
Changing Demographics Propel Market Growth III-42
Exhibit 15: European Population By Age Group (2020 & 2040):
Percentage Share Breakdown of Age Groups 0-19, 20-39, 40-59,
60-79, and 80+ III-42
Market Analytics III-43
Table 67: Europe Current & Future Analysis for Algae Proteins
by Geographic Region - France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2020 through 2027 III-43

Table 68: Europe Historic Review for Algae Proteins by
Geographic Region - France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-44

Table 69: Europe 15-Year Perspective for Algae Proteins by
Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2012, 2020 & 2027 III-45

Table 70: Europe Current & Future Analysis for Algae Proteins
by Product - Spirulina, Chlorella and Other Products -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 III-46

Table 71: Europe Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-47

Table 72: Europe 15-Year Perspective for Algae Proteins by
Product - Percentage Breakdown of Value Sales for Spirulina,
Chlorella and Other Products for the Years 2012, 2020 & 2027 III-48

Table 73: Europe Current & Future Analysis for Algae Proteins
by Source - Freshwater and Marine - Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027 III-49

Table 74: Europe Historic Review for Algae Proteins by Source -
Freshwater and Marine Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-50

Table 75: Europe 15-Year Perspective for Algae Proteins by
Source - Percentage Breakdown of Value Sales for Freshwater and
Marine for the Years 2012, 2020 & 2027 III-51

Table 76: Europe Current & Future Analysis for Algae Proteins
by Application - Dietary Supplements, Food Products, Animal
Feed and Other Applications - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 III-52

Table 77: Europe Historic Review for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-53

Table 78: Europe 15-Year Perspective for Algae Proteins by
Application - Percentage Breakdown of Value Sales for Dietary
Supplements, Food Products, Animal Feed and Other Applications
for the Years 2012, 2020 & 2027 III-54

FRANCE III-55
Table 79: France Current & Future Analysis for Algae Proteins
by Product - Spirulina, Chlorella and Other Products -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 III-55

Table 80: France Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-56

Table 81: France 15-Year Perspective for Algae Proteins by
Product - Percentage Breakdown of Value Sales for Spirulina,
Chlorella and Other Products for the Years 2012, 2020 & 2027 III-57

Table 82: France Current & Future Analysis for Algae Proteins
by Source - Freshwater and Marine - Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027 III-58

Table 83: France Historic Review for Algae Proteins by Source -
Freshwater and Marine Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-59

Table 84: France 15-Year Perspective for Algae Proteins by
Source - Percentage Breakdown of Value Sales for Freshwater and
Marine for the Years 2012, 2020 & 2027 III-60

Table 85: France Current & Future Analysis for Algae Proteins
by Application - Dietary Supplements, Food Products, Animal
Feed and Other Applications - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 III-61

Table 86: France Historic Review for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-62

Table 87: France 15-Year Perspective for Algae Proteins by
Application - Percentage Breakdown of Value Sales for Dietary
Supplements, Food Products, Animal Feed and Other Applications
for the Years 2012, 2020 & 2027 III-63

GERMANY III-64
Table 88: Germany Current & Future Analysis for Algae Proteins
by Product - Spirulina, Chlorella and Other Products -
Independent Analysis of Annual Sales in US$ Thousand for the
Years 2020 through 2027 III-64

Table 89: Germany Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-65

Table 90: Germany 15-Year Perspective for Algae Proteins by
Product - Percentage Breakdown of Value Sales for Spirulina,
Chlorella and Other Products for the Years 2012, 2020 & 2027 III-66

Table 91: Germany Current & Future Analysis for Algae Proteins
by Source - Freshwater and Marine - Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027 III-67

Table 92: Germany Historic Review for Algae Proteins by Source -
Freshwater and Marine Markets - Independent Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2019 III-68

Table 93: Germany 15-Year Perspective for Algae Proteins by
Source - Percentage Breakdown of Value Sales for Freshwater and
Marine for the Years 2012, 2020 & 2027 III-69

Table 94: Germany Current & Future Analysis for Algae Proteins
by Application - Dietary Supplements, Food Products, Animal
Feed and Other Applications - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 III-70

Table 95: Germany Historic Review for Algae Proteins by
Application - Dietary Supplements, Food Products, Animal Feed
and Other Applications Markets - Independent Analysis of Annual
Sales in US$ Thousand for Years 2012 through 2019 III-71

Table 96: Germany 15-Year Perspective for Algae Proteins by
Application - Percentage Breakdown of Value Sales for Dietary
Supplements, Food Products, Animal Feed and Other Applications
for the Years 2012, 2020 & 2027 III-72

ITALY III-73
Table 97: Italy Current & Future Analysis for Algae Proteins by
Product - Spirulina, Chlorella and Other Products - Independent
Analysis of Annual Sales in US$ Thousand for the Years 2020
through 2027 III-73

Table 98: Italy Historic Review for Algae Proteins by Product -
Spirulina, Chlorella and Other Products Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2012 through
2019 III-74

Table 99: Italy 15-Year Perspective for Algae Proteins by
Product - Percentage Breakdown of Value Sales for Spirulina,
Chlorella and Other Products for the Years 2012, 2020 & 2027 III-75

Table 100: Italy Current & Future Analysis for Algae Proteins

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