Global Algae Proteins Market Trajectory & Analytics Report 2020-2027
Share: ResearchAndMarkets.com's offering. Algae are More Sustainable than Plant & Animal Protein Sources. Market to Reach $1.2 Billion The global market for Algae Proteins is projected to reach US$1.2 billion by the year 2027, trailing a post COVID-19 CAGR of 6.6% over the analysis period 2020 through 2027. As population continues to grow & availability of arable land declines, demand for alternative protein sources is poised to witness robust growth. In addition, algae grow rapidly compared to other plants and also provide higher quantities of biomass for equivalent land use. Soy, presentl...
Source: benzinga.com