Duckweed Market to Reach USD 256.7 Million by 2035 Amid Rising Demand for Sustainable Protein and Biofuel Alternatives

The global duckweed market was valued at approximately USD 89.4 million in 2025 and is poised for robust expansion. According to recent forecasts, the market is expected to reach USD 256.7 million by 2035, growing at a compound annual growth rate (CAGR) of 11.2% during the forecast period. This substantial growth reflects a paradigm shift toward sustainable and plant-based alternatives, with duckweed emerging as a promising solution due to its minimal resource needs and high nutritional value.

The key growth drivers for the duckweed market include escalating demand for alternative protein sources, increasing biofuel production, and its effective application in wastewater treatment. Duckweed is rich in protein, grows rapidly, and thrives in nutrient-dense environments, making it an efficient and eco-friendly biomass option. Its ability to absorb excess nitrogen and phosphorus from water bodies further reinforces its appeal in both environmental and industrial sectors.

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Key Takeaways

  • The global duckweed market is projected to grow from USD 89.4 million in 2025 to USD 256.7 million by 2035.
  • Rising demand for sustainable protein and eco-friendly biofuel sources is driving market expansion.
  • Wastewater treatment using duckweed is gaining traction due to its environmental benefits.
  • M&A activities and global partnerships are fostering innovation and commercialization.

Emerging Trends in the Global Market

Several emerging trends are influencing the duckweed market’s trajectory:

  • Plant-Based Protein Revolution: Duckweed’s high protein concentration (up to 45% dry weight) is spurring demand in the plant-based food and supplement sectors.
  • Phytoremediation and Circular Economy: Its ability to purify wastewater while producing usable biomass positions duckweed as a dual-purpose solution.
  • Space and Urban Farming: Due to its compact growth and minimal soil requirements, duckweed is being explored for space missions and vertical farms in urban environments.

Significant Developments in the Global Sector

  • Israel-based Hinoman developed a proprietary strain of duckweed branded as “Mankai,” which is now being integrated into health foods and beverages globally.
  • U.S. Department of Energy has launched pilot programs utilizing duckweed biomass for advanced biofuel research.
  • China and India are scaling pilot projects focused on duckweed cultivation for wastewater remediation and livestock feed.

Trends and Opportunities in the Market

Opportunities abound for players in biotechnology, food tech, and environmental services. Duckweed’s fast growth cycle—doubling biomass every 24-48 hours—makes it suitable for:

  • Alternative Proteins: Targeting vegan and vegetarian consumers through ready-to-eat products and protein powders.
  • Animal Feed: Used in aquaculture and poultry farming for its cost-effective nutrition.
  • Biofuel Feedstock: With lipid-rich strains, duckweed is being studied as a viable option for second-generation biofuels.
  • Water Quality Improvement: Duckweed’s natural ability to reduce nutrient load in water bodies creates long-term ecological benefits.

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Competition Outlook

The duckweed market remains moderately consolidated, with key players focusing on product innovation, regional expansion, and sustainability certifications. Companies like Hinoman Ltd., GreenOnyx, LemnaPro, and others are actively engaged in developing proprietary duckweed strains and commercial cultivation systems. Additionally, local agricultural cooperatives and water management firms are entering the market, encouraged by low entry barriers and government sustainability initiatives.

Key Players influencing the Duckweed Market are Cargill; ADM (Archer Daniels Midland); Parabel USA; Hinoman Ltd.; GreenOnyx; Plantible Foods; LemnaPro; DryGro; Aqua BioTech Group; Baruch Future Ventures

Region-Wise Insights

United States:
With a projected market value of USD 98.7 million by 2035, the U.S. leads in research and commercialization of duckweed-based food, biofuel, and water purification applications.

Germany:
Germany is expected to reach USD 72.4 million by 2035, driven by its emphasis on circular bioeconomy models and clean energy transition efforts.

China:
China, with its vast aquaculture industry, is investing heavily in duckweed as animal feed and a wastewater treatment solution. The market is projected at USD 61.8 million by 2035.

India:
India’s market, expected to hit USD 49.3 million by 2035, is being shaped by rural development schemes promoting duckweed in animal husbandry and decentralized wastewater systems.

Explore Protein Industry Analysis: https://www.futuremarketinsights.com/industry-analysis/protein

Duckweed Market Segmentation

By Form:

This segment is further categorized into Powder, Oil, Paste.

By End Use:

This segment is further categorized into Household, HoReCa, Food & Beverages, Aquaculture Industry, Pharmaceutical Industry, Others.

By Application:

This segment is further categorized into Food, Animal & Aquatic Feed, Dietary/Health Supplements, Biofertilizers, Biofuels, Water Treatment.

By Product Type:

This segment is further categorized into Little Duckweed (Lemna Minor), Thick Duckweed (Lemna Gibbs), Cross Duckweed (Lemna Priscila), Great Duckweed (Lemna Polyuria).

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, Central Asia, Balkan and Baltic Countries, Russia & Belarus and the Middle East & Africa.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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