LAMEA 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 Latin America, Middle East and Africa Algae Protein Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).

The edible seaweed Ulva rigida and Ulva rotundata have been used to extract proteins. It has been found that NaOH under reductive circumstances or a two-phase system (polyethylene glycol/K2CO3) produces the highest protein yields. The extraction of Ulva rotundata and Ulva rigida proteins in a basic medium with NaOH and mercaptoethanol resulted in the optimum recovery of protein.

However, the denaturing action of NaOH and mercaptoethanol on the tertiary structure of proteins advised a restricted and regulated application of this method. It was observed that a significant portion of the nitrogenous components in the green algae Ulva sp. were not removed using the conventional technique. The insoluble fiber fraction of Ulva sp. was found to have substantial levels of residual protein (20%).

Protein extraction yields from Ulva rigida Agardh and Ulva rotundata appear to be unaffected by the use of cellulase-based enzymatic extraction techniques. These experimental results may be explained by the poor substrate accessibility of the complete cell wall. This notion is further supported by the enhancement of protein yield following the application of a polysaccharide combination.

According to the National Library of Medicine, cancer is one of the leading causes of mortality in this country and has a high incidence in Africa. In addition, according to statistics given by Frontiers of Oncology, the number of cancer cases in Northern and Central Africa increased between 2002 and 2018. In 2018, 8.85/100,000 instances were documented in Northern Africa, while 6.35/100,000 cases were recorded in Central Africa. In addition, this number is anticipated to rise in the future.

The Brazil market dominated the LAMEA Algae Protein Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $49.7 million by 2028.The Argentina market is exhibiting a CAGR of 9.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Algae Protein Market is Predict to reach $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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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 LAMEA Algae Protein Market, by Type
1.4.2 LAMEA Algae Protein Market, by Source
1.4.3 LAMEA Algae Protein Market, by Application
1.4.4 LAMEA 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. LAMEA Algae Protein Market by Type
3.1 LAMEA Microalgae Market by Country
3.2 LAMEA Algae Protein Market by Microalgae Type
3.2.1 LAMEA Spirulina Market by Country
3.2.2 LAMEA Chlorella Market by Country
3.2.3 LAMEA Others Market by Country
3.3 LAMEA Macroalgae Market by Country

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

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

Chapter 6. LAMEA Algae Protein Market by Country
6.1 Brazil Algae Protein Market
6.1.1 Brazil Algae Protein Market by Type
6.1.1.1 Brazil Algae Protein Market by Microalgae Type
6.1.2 Brazil Algae Protein Market by Source
6.1.3 Brazil Algae Protein Market by Application
6.2 Argentina Algae Protein Market
6.2.1 Argentina Algae Protein Market by Type
6.2.1.1 Argentina Algae Protein Market by Microalgae Type
6.2.2 Argentina Algae Protein Market by Source
6.2.3 Argentina Algae Protein Market by Application
6.3 UAE Algae Protein Market
6.3.1 UAE Algae Protein Market by Type
6.3.1.1 UAE Algae Protein Market by Microalgae Type
6.3.2 UAE Algae Protein Market by Source
6.3.3 UAE Algae Protein Market by Application
6.4 Saudi Arabia Algae Protein Market
6.4.1 Saudi Arabia Algae Protein Market by Type
6.4.1.1 Saudi Arabia Algae Protein Market by Microalgae Type
6.4.2 Saudi Arabia Algae Protein Market by Source
6.4.3 Saudi Arabia Algae Protein Market by Application
6.5 South Africa Algae Protein Market
6.5.1 South Africa Algae Protein Market by Type
6.5.1.1 South Africa Algae Protein Market by Microalgae Type
6.5.2 South Africa Algae Protein Market by Source
6.5.3 South Africa Algae Protein Market by Application
6.6 Nigeria Algae Protein Market
6.6.1 Nigeria Algae Protein Market by Type
6.6.1.1 Nigeria Algae Protein Market by Microalgae Type
6.6.2 Nigeria Algae Protein Market by Source
6.6.3 Nigeria Algae Protein Market by Application
6.7 Rest of LAMEA Algae Protein Market
6.7.1 Rest of LAMEA Algae Protein Market by Type
6.7.1.1 Rest of LAMEA Algae Protein Market by Microalgae Type
6.7.2 Rest of LAMEA Algae Protein Market by Source
6.7.3 Rest of LAMEA 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 LAMEA Algae Protein Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Algae Protein Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Microalgae Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Microalgae Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 8 LAMEA Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 9 LAMEA Spirulina Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Spirulina Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Chlorella Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Chlorella Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Macroalgae Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Macroalgae Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 18 LAMEA Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 19 LAMEA Freshwater Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Freshwater Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Marine Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Marine Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 24 LAMEA Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 25 LAMEA Dietary Supplements Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Dietary Supplements Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Animal Feed Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Animal Feed Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Human Food Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Human Food Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Other Application Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Other Application Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Algae Protein Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Algae Protein Market by Country, 2022 - 2028, USD Million
TABLE 37 Brazil Algae Protein Market, 2018 - 2021, USD Million
TABLE 38 Brazil Algae Protein Market, 2022 - 2028, USD Million
TABLE 39 Brazil Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 40 Brazil Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 41 Brazil Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 42 Brazil Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 43 Brazil Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 44 Brazil Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 45 Brazil Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 46 Brazil Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 47 Argentina Algae Protein Market, 2018 - 2021, USD Million
TABLE 48 Argentina Algae Protein Market, 2022 - 2028, USD Million
TABLE 49 Argentina Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 50 Argentina Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 51 Argentina Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 52 Argentina Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 53 Argentina Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 54 Argentina Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 55 Argentina Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 56 Argentina Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 57 UAE Algae Protein Market, 2018 - 2021, USD Million
TABLE 58 UAE Algae Protein Market, 2022 - 2028, USD Million
TABLE 59 UAE Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 60 UAE Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 61 UAE Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 62 UAE Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 63 UAE Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 64 UAE Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 65 UAE Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 66 UAE Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Algae Protein Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Algae Protein Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 75 Saudi Arabia Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 76 Saudi Arabia Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 77 South Africa Algae Protein Market, 2018 - 2021, USD Million
TABLE 78 South Africa Algae Protein Market, 2022 - 2028, USD Million
TABLE 79 South Africa Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 80 South Africa Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 81 South Africa Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 82 South Africa Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 83 South Africa Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 84 South Africa Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 85 South Africa Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 86 South Africa Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 87 Nigeria Algae Protein Market, 2018 - 2021, USD Million
TABLE 88 Nigeria Algae Protein Market, 2022 - 2028, USD Million
TABLE 89 Nigeria Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 90 Nigeria Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 91 Nigeria Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 92 Nigeria Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 93 Nigeria Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 94 Nigeria Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 95 Nigeria Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 96 Nigeria Algae Protein Market by Application, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Algae Protein Market, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Algae Protein Market, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Algae Protein Market by Type, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA Algae Protein Market by Type, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Algae Protein Market by Microalgae Type, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Algae Protein Market by Microalgae Type, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Algae Protein Market by Source, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Algae Protein Market by Source, 2022 - 2028, USD Million
TABLE 105 Rest of LAMEA Algae Protein Market by Application, 2018 - 2021, USD Million
TABLE 106 Rest of LAMEA 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