Global Algae Protein Market Size & Outlook, 2025-2030
The global algae protein market size was estimated at USD 997.4 million in 2024 and is projected to reach USD 1,327.8 million by 2030, growing at a CAGR of 4.8% from 2025 to 2030.
Revenue, 2024 (US$M)
$997.4
Forecast, 2030 (US$M)
$1,327.8
CAGR, 2025 - 2030
4.8%
Report Coverage
Worldwide
Global algae protein market, 2018-2030 (US$M)
Related Markets
Global algae protein market highlights
- The global algae protein market generated a revenue of USD 997.4 million in 2024 and is expected to reach USD 1,327.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.8% by 2030.
- In terms of segment, spirulina accounted for a revenue of USD 563.7 million in 2024.
- Chlorella is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 997.4 million |
| Market revenue in 2030 | USD 1,327.8 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Spirulina |
| Fastest growing segment | Chlorella |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spirulina, Chlorella |
Other key industry trends
- In terms of revenue, the North America accounted for 29.5% of the global algae protein market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 19.2 million by 2030.
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Algae Protein Market Scope
Algae protein market segmentation & scope
Algae Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vimergy | View profile | 11-50 | Jacksonville, Florida, United States, North America | https://www.vimergy.com |
| ENERGYbits | View profile | 11-50 | Boston, Massachusetts, United States, North America | https://www.energybits.com |
| Febico | View profile | 51-100 | Taipei, T'ai-pei, Taiwan, Asia | https://febico.com |
| Earthrise | View profile | 11-50 | Irvine, California, United States, North America | http://earthrise.com |
| E.I.D. Parry | View profile | 501-1000 | Chennai, Tamil Nadu, India, Asia | http://www.eidparry.com/ |
| Rainbow Light Nutritional Systems | View profile | 51-100 | Santa Cruz, California, United States, North America | http://www.rainbowlight.com/ |
| Cyanotech Corp | View profile | 86 | 73-4460 Queen Kaahumanu Highway, Suite 102, Kailua-Kona, HI, United States, 96740 | https://www.cyanotech.com |
| NOW Foods | View profile | 501-1000 | Bloomingdale, Illinois, United States, North America | https://www.nowfoods.com |
| Corbion NV | View profile | 2727 | Piet Heinkade 127, Amsterdam, NH, Netherlands, 1019 GM | https://www.corbion.com |
Global algae protein market size, by regions, 2018-2030 (US$M)
Top 10 countries: Algae protein market size, 2024 (US$M)
Global algae protein market share, by product, 2024 & 2030 (%, US$M)
Algae protein market: Opportunity assessment by country
Global algae protein market, by region, 2024 (US$M)
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