Market Share of Europe Algae Protein Industry
The European algae protein market is competitive in nature having a large number of domestic and multinational players competing for market share. Emphasis is on the geographical expansions and product innovation primarily. Moreover, partnerships and mergers and acquisitions are also considered as an effective means of strengthening the brand value.
The manufacturers are indulged in new product development as strategic approaches to develop versatile solutions that can be utilized in multiple applications. Also, one of the main targets of the manufacturers is to alter the typical taste of algae and suppress it by flavor addition so that consumers can accept algae-based products more readily. Thus, the overall market of algae protein has good potential in the region and offers plenty of opportunities for the manufacturers to experiment on, to enhance their market reputation.
Europe Algae Protein Market Leaders
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Corbion Biotech, Inc.
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Duplaco
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Roquette Klotze GmbH & Co. KG
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Phycom BV
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Algama
*Disclaimer: Major Players sorted in no particular order
