Global Duckweed Protein Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Duckweed Protein is a flowering aquatic plant. It basically grows in freshwater marshes and is known as lentil. The increasing demand for plant-based products has led to the adoption of Duckweed Protein across the forecast period. For Instance: According to the Good Food Institute in 2021, with the increasing demand for plant-based food products, the retail market for plant-based food is valued at USD 7 million which is increased by USD 5.5 billion from 2019. Rising awareness towards a healthy diet pushes the market growth. Also, with the increasing spending on personal care, the adoption & demand for Duckweed Protein is likely to increase the market growth during the forecast period. However, lack of raw materials impedes the growth of the market over the forecast period of 2022-2028.

The geographical regions considered for the global Duckweed Protein market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is deemed as the significant region across the globe in terms of huge market share due to the growing personal awareness, and rising cultivation of duckweed plants. Whereas, Asia-Pacific is also estimated to attain maximum growth rate during 2022-2028. Factors such as rising disposable income, increasing investment towards a healthy diet and rising public awareness towards healthcare would create beneficial growth forecasts for the Duckweed Protein market across Asia-Pacific region.

Major market players included in this report are:

Parabel USA Inc.

Pontus Water Lentils

Barentz B.V.

Hinoman, Ltd

Plantible Foods, Inc.

LemPro Inc.

Seta Organics

Green Orchid Nursery & Garden Center,

Australian Aquatic Solutions

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:

Fresh

Dried

By Species:

Wolffiella

Spirodela

Lemna

Landoltia

Wolffia

By End-Use:

Food Processing

Animal+ Fish Feed

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Duckweed Protein Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors