The global Algal Protein Market is poised for substantial growth, with a projected increase from USD 872.9 million in 2025 to USD 2,104.6 million by 2035, reflecting a strong CAGR of 9.2%.

This rapid expansion is driven by the increasing demand for sustainable, plant-based protein alternatives and major advances in algae cultivation and processing technologies. The powdered product-form segment is expected to dominate with approximately 65% share in 2025, thanks to its versatility in dietary supplements, functional foods and plant-based formulations. Future Market Insights Marine-algae-derived proteins (e.g., spirulina, chlorella) are expected to lead product-source segmentation, owing to rich amino acid profiles and resource-efficient production.

Regionally, Asia-Pacific—particularly India—is projected as the fastest-growing region with a 12.5% CAGR, driven by rising vegetarian and flexitarian populations and growing awareness of non-animal proteins.

Key industry players such as Corbion N.V., Cyanotech Corporation, Roquette Frères and DIC Corporation are investing in advanced extraction technologies, scale-up of algae cultivation and new product launches to meet growing market demand.

Despite positive outlook, the sector remains challenged by high production costs, scalability hurdles and competition from established plant-based proteins like soy and pea. Nonetheless, continued innovation and strategic partnerships are expected to unlock significant growth and commercialisation potential.

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Editor’s Note:

This release is based exclusively on verified and factual market content derived from industry analysis by Future Market Insights. No AI-generated statistics or speculative data have been introduced. This press release highlights significant shifts in the Market, which is experiencing a pivotal change driven by consumer demand for healthier, more transparent products.