Algae Protein Market Size To Reach $1.33 Billion By 2030

Algae Protein Market Growth & Trends

The global algae protein market size is expected to reach USD 1.33 billion by 2030 and is expected to grow at a CAGR of 4.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by the growing demand for plant-based protein alternatives and the increasing consumer focus on health and wellness. As awareness of the environmental impact of animal-based proteins rises, there is a significant shift toward sustainable sources of nutrition. Algae proteins, which are rich in essential amino acids, vitamins, and minerals, offer a high-quality alternative to traditional plant proteins like soy and pea. Furthermore, algae-based proteins are non-allergenic, non-GMO, and can be cultivated in diverse environmental conditions with minimal land and water use, making them more eco-friendly compared to conventional agricultural crops. This sustainability aspect is a major factor driving the market’s growth, particularly as industries aim to reduce their carbon footprint?.

The rising prevalence of lifestyle-related diseases, such as obesity and diabetes, is another key driver boosting the adoption of algae protein. Consumers are becoming more proactive in seeking nutritious food options that can support overall health, leading to a surge in the use of algae protein in dietary supplements, functional foods, and healthy beverages. In addition, the expansion of the sports nutrition segment has created lucrative opportunities for algae protein, as it is a source of complete protein with high digestibility and bioavailability.

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Algae Protein Market Report Highlights

• Based on product, the chlorella segment is projected to grow at a CAGR of 4.9% from 2025 to 2030. This growth can be attributed to the rising awareness of the nutritional benefits associated with chlorella, which includes a high concentration of vitamins, minerals, and proteins. Known for its immune-boosting and detoxifying properties, chlorella is gaining popularity as a functional food ingredient and dietary supplement, catering to the growing demand for health and wellness products.

• Based on source, the marine algae segment is projected to grow at a CAGR of 4.6% from 2025 to 2030. This growth is driven by increasing recognition of the unique nutritional and functional benefits offered by marine algae varieties such as nori, kelp, and dulse. These algae are rich in essential nutrients like omega-3 fatty acids, dietary fiber, and bioactive compounds, making them a valuable addition to health supplements, food products, and cosmetics.

• The application of algae protein in the food products market is projected to grow at a CAGR of 5.0% from 2025 to 2030. Algae protein is gaining traction in the food industry due to its high nutritional value, rich protein content, and sustainable production. As consumer preferences continue to shift toward healthier and eco-friendly dietary options, the inclusion of algae protein in various food formulations is becoming more prevalent.

• The U.S. algae protein market is projected to grow at a CAGR of 3.9% from 2025 to 2030. The market is characterized by high adoption rates of plant-based and alternative proteins, supported by a strong focus on nutritional supplements and health foods. Consumers are increasingly seeking high-quality, complete protein sources, propelling the demand for algae proteins derived from spirulina and chlorella.

Algae Protein Market Segmentation

Grand View Research has segmented the global algae protein market based on type, source, application, and region.

Algae Protein Type Outlook (Revenue, USD Million, 2018 - 2030)

• Spirulina

• Chlorella

• Others

Algae Protein Source Outlook (Revenue, USD Million, 2018 - 2030)

• Freshwater Algae

• Marine Algae

Algae Protein Application Outlook (Revenue, USD Million, 2018 - 2030)

• Dietary Supplements

• Food Products

• Animal Feed

• Others

Algae Protein Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada 

  • Mexico

• Europe

  • Germany

  • UK

  • Spain

  • Italy

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

List of Key Players in the Algae Protein Market

• Corbion

• Cyanotech Corporation

• Earthrise Nutritional

• Far East Bio-Tec Co. Ltd.

• E.I.D-Parry Limited

• ENERGY Bit Inc.

• Rainbow Light

• NOW Foods

• Prairie Naturals

• Vimergy LLC