Duckweed Protein Market Consumption, Forecast- 2023-2032

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Duckweed Protein Market Demand to Cross USD 150
Mn by 2032
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Overview of Duckweed Protein Market

• The duckweed protein market valuation is
  predicted to be worth USD 150 million by 2032, as
  reported in a research study by Global Market
  Insights Inc.
• Growing demand for duckweed protein across the
  animal feed sector is estimated to complement
  market growth. Carbon footprint is becoming a
  major concern for the livestock farming sector,
  necessitating sustainable alternatives capable of
  reducing the environmental impact and costs.
  Duckweed is a highly nutritional alternative
  packed with fatty acids, amino acids, vitamins,
  and minerals. Research suggests that duckweed
  could potentially replace 50 of a cows diet,
  allowing animal farmers to cut down on hefty
  expenditures associated with high-performance
  animal feed.
• The rising meat consumption across several
  economies is imposing significant pressure on the
  poultry and meat production sectors, fostering
  demand for superior feed formulations. As per the
  OECD-FAO Agricultural Outlook, population growth
  will play a key role in accelerating meat demand
  with an estimated 15 rise in global meat
  consumption by 2031.

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• Duckweed protein market from the Spirodela
  polyrhiza (great/giant duckweed) segment is
  anticipated to expand at over 11 CAGR till 2032.
  Great duckweed or Spirodela polyrhiza is a
  prominent source of biomass in bioenergy
  production due to its high biomass yield. Giant
  duckweed is primarily grown in stagnant
  freshwater and caters to a wide variety of
  applications across animal and fish feeds.
• The ingredient is gaining massive traction as an
  alternative natural feed source for aquaculture,
  human food, and animal husbandry due to its rich
  nutritional profile. Spirodela polyrhiza is an
  excellent source of Nitrogen Free Extract, amino
  acids, and protein. Several studies exploring the
  scope of giant duckweed as an alternative feed
  for carnivorous fish species will also complement
  industry development.
• The duckweed protein market from the oil form
  segment is expected to reach USD 45 million by
  2032. Duckweed oil is emerging as a popular
  product across the animal feed and food sectors
  on account of its high unsaturated fatty acids
  content offering consumers omega-3 and omega-6
  fatty acids. Furthermore, studies are focusing on
  the potential of duckweed as a potent source of
  biofuel. For instance, a study supported by the
  U.S. Department of Energy, Office of Science in
  October 2022, demonstrated the ability of
  genetically engineered duckweed plants to produce
  oil seven times greater than the per acre
  production from soybeans.

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• North America duckweed protein market will
  showcase around 12 CAGR from 2023 to 2032. The
  U.S. and Canada are home to an expanding vegan
  population impelled by the growing awareness
  regarding the impact of meat on health as well as
  the environment. The rising number of vegan food
  manufacturers in the U.S. will also spur the
  industry expansion. Additionally, growing
  consumer interest in a variety of plant-based
  proteins is set to proliferate duckweed
  cultivation in the region, thus offering
  lucrative business prospects for regional
  industry players.
• Notable participants in the Duckweed Protein
  market include SETA Organic, Aquatic
  Technologies, Plantible, Parabel, Green Orchid
  Nursery, GreenCrop, LLC, Landoltia, and WASE.

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Browse Full Research Report On Duckweed Protein
Market _at_ https//bit.ly/3I7aedP Request for a
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https//bit.ly/3MnIgND
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