Deals in the Europe duckweed protein market arrived at US$ 1.2 Mn in 2021. Developing interest in plant-based food varieties, alongside expanding tendency toward high protein food varieties are boss variables helping the market. Driven by this, deals are projected to increment at 1.8% CAGR over the appraisal period.
The worldwide duckweed protein market size is assessed to be US$ 62.9 Mn and is conjectured to develop at a 9.1% CAGR somewhere in the range of 2022 and 2026. Over the past ten years, there has been a spike in the inclination for high-protein food varieties, as would be considered normal to drive deals of duckweed protein.
Duckweed protein deals will represent 1.1% to 1.8% of the worldwide interest for plant-based protein, which tracks down to Future Market Insights (FMI). Item advancements by key makers in the market that are lined up with customer inclination for good food varieties will keep driving deals in the market off the estimated period.
Developing notoriety of plant-based food varieties is supposed to help deal with duckweed protein in Europe. A rising number of clients are changing to a plant-based diet, either to decrease their calorie utilization or to work on the nature of the food they devour.
Buyers are either going veggie lovers or embracing a flexitarian way of life. This is bringing about more appeal for plant-based other options and protein sources, as most would consider it normal to spike interest in duckweed protein.
Key Takeaways:
- The worldwide duckweed protein market will arrive at US$ 88.4 Mn in 2026.
- Deals are projected to increment at a 9.1% CAGR from 2022 to 2026.
- Europe represented 1.5% to 2.0% of the worldwide duckweed protein piece of the pie roughly in 2021.
Rivalry Landscape
Driving players working in the Europe duckweed protein market are sending off creative items lining up with the developing interest for plant-based protein choices. Moreover, players are likewise putting resources into acquisitions, consolidations, and coordinated efforts to extend their assembling limit and to further develop abilities by integrating state-of-the-art advances.
A portion of the main organizations offering duckweed protein is Parabel USA Inc., Pontus Water Lentils, Barentz B.V., Hinoman, Ltd, Plantible Foods, Inc. Lempro Inc., Seta Organics, and others.
Europe Duckweed Protein Market By Category:
By Form:
- New Duckweed Protein
- Dried Duckweed Protein
Species:
- Wolffiella
- Spirodela
- Lemna
- Landoltia
- Wolffia
End-Use:
- Food Processing
O Protein/Dietary Supplements
o Energy Bars
o Snacks and Salads
o Beverages
o Others
- Creature and Fish Feed
- Others (applied research, biofuel, and so on.)
