Market Size of North America Algae Protein Industry
| Study Period | 2018 - 2028 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2018 - 2019 |
| CAGR | 6.31 % |
| Market Concentration | High |
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North America Algae Protein Market Analysis
The North America Algae Protein Market stood at 7.12 million usd in 2021 and is projected to register a CAGR of 6.31% to reach 9.67 million usd in 2026.
- Largest Segment by Source - Supplements : The supplements segment completely dominates the algae protein market, aided by constant innovation and new entrants. However, it has not made an impact on the F&B sector.
- Fastest Growing Segment by End User - Supplements : The surging revenue of algae protein from the sports/performance nutrition sector, attributed to its sustainability, contributes to the supplements segment's leading position.
