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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1628275

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PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1628275

Duckweed Protein Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034

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PAGES: 235 Pages
DELIVERY TIME: 2-3 business days
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The Global Duckweed Protein Market, valued at USD 72.7 million in 2024, is expected to grow at a CAGR of 7.9% from 2025 to 2034. As a highly sustainable and nutrient-dense protein source, duckweed is gaining traction within the plant-based protein industry. Its complete amino acid profile, rich protein content, and minimal environmental impact make it an appealing alternative to traditional protein sources. Duckweed is used in various industries, including dietary supplements, functional foods, and animal feed.

Market expansion is primarily driven by growing consumer interest in plant-based diets, increased concerns about environmental sustainability, and innovations in cultivation and extraction techniques. Ongoing research and technological advancements are positioning duckweed protein as a critical player in addressing global nutrition needs sustainably.

The duckweed protein market is segmented by species, including Lemna minor, Spirodela polyrhiza, and Wolffia globose. Among these, Lemna minor is the leading species in the market due to its rapid growth, high protein content, and adaptability to various environmental conditions. Its ability to double biomass quickly makes it a highly efficient and resource-friendly protein source. The growing adoption of plant-based proteins and the rising demand for sustainable agricultural practices are key factors contributing to the species' market dominance. Moreover, the development of hydroponic farming and advanced water management systems is enhancing the large-scale production of Lemna minor.

Market Scope
Start Year2024
Forecast Year2025-2034
Start Value$72.7 Million
Forecast Value$157 Million
CAGR7.9%

In terms of form, the market is segmented into powder, liquid, and paste. The powder segment is the most popular, holding a market share of 66.3% in 2024. Duckweed protein in powdered form is widely used due to its longer shelf life, ease of incorporation into various applications, and versatility. This form is particularly sought after in the food and beverage industry, where it is included in protein energy bars, shakes, and functional foods. The stability and light weight of the powder form also make it easier to transport and store.

Duckweed protein is also gaining popularity in the food processing industry, which accounts for 56.9% of the market share. This growth is fueled by the demand for clean-label, sustainable, and allergen-free ingredients in plant-based food products. Duckweed's complete amino acid profile and high protein content make it an attractive alternative to conventional protein sources such as soy and pea. Furthermore, its sustainable production process aligns with the global shift toward eco-friendly food manufacturing practices.

In North America, consumer awareness of health and sustainability is fueling the growth of the duckweed protein market. The region's strong plant-based food sector, along with increased demand for protein-rich, eco-friendly foods, further accelerates market expansion. Research advancements and partnerships between food manufacturers and agricultural firms are boosting the scalability of duckweed protein production, positioning the market for significant growth in the coming years.

Product Code: 5570

Table of Contents

Chapter 1 Methodology & Scope

  • 1.1 Market scope & definitions
  • 1.2 Base estimates & calculations
  • 1.3 Forecast calculations
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
      • 1.4.2.1 Paid sources
      • 1.4.2.2 Public sources

Chapter 2 Executive Summary

  • 2.1 Industry synopsis, 2021-2034

Chapter 3 Industry Insights

  • 3.1 Industry ecosystem analysis
    • 3.1.1 Factor affecting the value chain
    • 3.1.2 Profit margin analysis
    • 3.1.3 Disruptions
    • 3.1.4 Future outlook
    • 3.1.5 Manufacturers
    • 3.1.6 Distributors
  • 3.2 Supplier landscape
  • 3.3 Profit margin analysis
  • 3.4 Key news & initiatives
  • 3.5 Regulatory landscape
  • 3.6 Impact forces
    • 3.6.1 Growth drivers
      • 3.6.1.1 Rising demand for plant-based proteins
      • 3.6.1.2 Sustainable and efficient production
      • 3.6.1.3 Nutritional benefits duckweed protein is a complete protein source, containing all essential amino acids, and is rich in other nutrients
    • 3.6.2 Industry pitfalls & challenges
      • 3.6.2.1 Price volatility of raw material
      • 3.6.2.2 Limited commercial cultivation practices
  • 3.7 Growth potential analysis
  • 3.8 Porter's analysis
  • 3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

  • 4.1 Introduction
  • 4.2 Company market share analysis
  • 4.3 Competitive positioning matrix
  • 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Species, 2021-2034 (USD Million) (Kilo Tons)

  • 5.1 Key trends
  • 5.2 Lemna minor (common duckweed)
  • 5.3 Spirodela polyrhiza (great duckweed)
  • 5.4 Wolffia globose
  • 5.5 Others

Chapter 6 Market Estimates & Forecast, By Form, 2021-2034 (USD Million) (Kilo Tons)

  • 6.1 Key trends
  • 6.2 Powder
  • 6.3 Liquid
  • 6.4 Paste

Chapter 7 Market Estimates & Forecast, By End Use, 2021-2034 (USD Million) (Kilo Tons)

  • 7.1 Key trends
  • 7.2 Food processing
  • 7.3 Animal & fish feed
  • 7.4 Others

Chapter 8 Market Estimates & Forecast, By Region, 2021-2034 (USD Million) (Kilo Tons)

  • 8.1 Key trends
  • 8.2 North America
    • 8.2.1 U.S.
    • 8.2.2 Canada
  • 8.3 Europe
    • 8.3.1 UK
    • 8.3.2 Germany
    • 8.3.3 France
    • 8.3.4 Italy
    • 8.3.5 Spain
    • 8.3.6 Russia
  • 8.4 Asia Pacific
    • 8.4.1 China
    • 8.4.2 India
    • 8.4.3 Japan
    • 8.4.4 South Korea
    • 8.4.5 Australia
  • 8.5 Latin America
    • 8.5.1 Brazil
    • 8.5.2 Mexico
  • 8.6 MEA
    • 8.6.1 South Africa
    • 8.6.2 Saudi Arabia
    • 8.6.3 UAE

Chapter 9 Company Profiles

  • 9.1 Barentz
  • 9.2 Bio Healthife
  • 9.3 Hinoman
  • 9.4 LemPro
  • 9.5 Parabel
  • 9.6 Plantible Foods
  • 9.7 SETA Organics
  • 9.8 Xi'an Healthway Biotech
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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