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    Algae Protein Market

    ID: MRFR/F-B & N/26615-HCR
    128 Pages
    Varsha More
    October 2025

    Algae Protein Market Research Report By Application (Food and Beverages, Dietary Supplements, Animal Feed, Cosmetics and Personal Care, Nutraceuticals), By Algae Type (Spirulina, Chlorella, Dunaliella Salina, Haematococcus Pluvialis, Astaxanthin), By Protein Concentration (Below 50%, 50-70%, 70-90%, 90% and Above), By Production Method (Open Pond Cultivation, Closed Photobioreactors, Hybrid Systems) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

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    Algae Protein Market Infographic
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    Algae Protein Market Summary

    As per MRFR analysis, the Algae Protein Market Size was estimated at 3.271 USD Billion in 2024. The Algae Protein industry is projected to grow from 3.768 USD Billion in 2025 to 15.5 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 15.19 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Algae Protein Market is experiencing robust growth driven by sustainability and health trends.

    • The demand for plant-based proteins is rising, particularly in North America, which remains the largest market for algae protein.
    • Technological advancements in processing are enhancing the efficiency and quality of algae protein production.
    • The focus on sustainability and environmental impact is increasingly influencing consumer choices in the Asia-Pacific region, the fastest-growing market.
    • Rising health consciousness and innovations in food technology are key drivers propelling the growth of the food and beverages segment, particularly in spirulina.

    Market Size & Forecast

    2024 Market Size 3.271 (USD Billion)
    2035 Market Size 15.5 (USD Billion)
    CAGR (2025 - 2035) 15.19%

    Major Players

    Algama (FR), Spirulina Pacifica (US), Algae Health Sciences (US), Corbion (NL), Dunaliella Biotech (IL), Earthrise Nutritionals (US), Cyanotech Corporation (US), Algenol (US), PhycoBio (US)

    Algae Protein Market Trends

    The Algae Protein Market is currently experiencing a notable transformation, driven by increasing consumer awareness regarding health and sustainability. This sector appears to be gaining traction as individuals seek alternative protein sources that are not only nutritious but also environmentally friendly. Algae, recognized for its rich protein content and essential amino acids, is emerging as a viable substitute for traditional protein sources. The growing trend towards plant-based diets, coupled with the rising demand for sustainable food production, suggests that the Algae Protein Market is poised for substantial growth in the coming years. Moreover, innovations in processing technologies and product formulations are likely enhancing the appeal of algae-based proteins. Companies are exploring various applications, from dietary supplements to food ingredients, which may broaden the market's reach. As consumers become more conscious of their dietary choices, the Algae Protein Market could potentially see an influx of new products designed to meet diverse preferences. This evolving landscape indicates a promising future for algae-derived proteins, as they align with the global shift towards healthier and more sustainable eating habits.

    Rising Demand for Plant-Based Proteins

    The Algae Protein Market is witnessing a surge in interest as consumers increasingly gravitate towards plant-based diets. This trend reflects a broader movement towards healthier eating habits and a desire for sustainable food sources. Algae, with its high protein content and nutritional benefits, is becoming a preferred choice for those seeking alternatives to animal-based proteins.

    Technological Advancements in Processing

    Innovations in processing techniques are enhancing the quality and versatility of algae proteins. These advancements may lead to improved extraction methods, resulting in higher yields and better flavor profiles. As a result, the Algae Protein Market could see a wider range of products that appeal to both health-conscious consumers and food manufacturers.

    Focus on Sustainability and Environmental Impact

    The Algae Protein Market is increasingly aligned with global sustainability goals. As concerns about environmental degradation and resource depletion grow, algae presents a low-impact protein source that requires minimal land and water. This focus on sustainability is likely to attract both consumers and investors, further propelling market growth.

    The increasing demand for sustainable protein sources is driving innovation in the algae protein sector, as consumers and industries alike seek alternatives that align with environmental stewardship and health consciousness.

    U.S. Department of Agriculture

    Algae Protein Market Drivers

    Rising Health Consciousness

    The Algae Protein Market is experiencing a surge in demand driven by increasing health consciousness among consumers. As individuals become more aware of the nutritional benefits associated with algae protein, such as its high protein content and essential amino acids, the market is likely to expand. Research indicates that algae protein can contain up to 70% protein by weight, making it a potent alternative to traditional protein sources. This shift towards healthier dietary choices is prompting food manufacturers to incorporate algae protein into various products, including snacks, beverages, and supplements. Consequently, the Algae Protein Market is poised for growth as consumers seek nutritious and sustainable food options that align with their health goals.

    Innovations in Food Technology

    Innovations in food technology are playing a pivotal role in the Algae Protein Market. Advances in extraction and processing techniques have enhanced the quality and palatability of algae protein, making it more appealing to a broader audience. For instance, improved methods for isolating protein from algae have led to products that are not only rich in nutrients but also possess desirable taste and texture. The market for algae protein is projected to reach USD 1.5 billion by 2027, reflecting the impact of these technological advancements. As food manufacturers continue to explore new applications for algae protein, the Algae Protein Market is likely to witness significant growth, driven by consumer demand for innovative and health-oriented food products.

    Regulatory Support and Incentives

    Regulatory support and incentives are becoming increasingly important for the Algae Protein Market. Governments around the world are recognizing the potential of algae as a sustainable protein source and are implementing policies to promote its production and use. This includes funding for research and development, as well as subsidies for algae cultivation. Such initiatives are likely to stimulate innovation and investment in the Algae Protein Market, fostering growth and expansion. As regulatory frameworks evolve to support sustainable food sources, the Algae Protein Market may experience enhanced opportunities for development, positioning it as a key player in the future of protein production.

    Increasing Application in Animal Feed

    The Algae Protein Market is also witnessing growth due to its increasing application in animal feed. As the demand for sustainable and nutritious feed alternatives rises, algae protein is emerging as a viable option for livestock and aquaculture. Algae protein is rich in essential nutrients, making it an attractive ingredient for enhancing the nutritional profile of animal feed. The market for algae-based animal feed is projected to grow significantly, with estimates suggesting a compound annual growth rate of over 10% in the coming years. This trend not only supports the Algae Protein Market but also contributes to the overall sustainability of the food supply chain, as it reduces reliance on conventional feed sources.

    Sustainability and Environmental Awareness

    Sustainability and environmental awareness are increasingly influencing consumer choices, thereby impacting the Algae Protein Market. Algae cultivation is known for its low environmental footprint, requiring minimal land and water resources compared to traditional agriculture. This aspect resonates with environmentally conscious consumers who are seeking sustainable protein sources. The Algae Protein Market is expected to benefit from this trend, as more individuals prioritize eco-friendly products in their purchasing decisions. Furthermore, the potential of algae to sequester carbon dioxide during growth adds to its appeal as a sustainable protein source. As awareness of environmental issues continues to rise, the Algae Protein Market is likely to expand, driven by a growing preference for sustainable food options.

    Market Segment Insights

    By Application: Food and Beverages (Largest) vs. Dietary Supplements (Fastest-Growing)

    In the Algae Protein Market, the application segment shows a vibrant distribution of market share among various categories. The Food and Beverages segment holds the largest share due to its extensive use of algae protein as a sustainable ingredient in nutrition-rich products. Dietary Supplements, while smaller in current share, is rapidly gaining ground as more consumers look for natural and plant-based protein alternatives for health benefits, driving the segment's growth.

    Food and Beverages (Dominant) vs. Dietary Supplements (Emerging)

    The Food and Beverages segment stands out as the dominant force in the Algae Protein Market, leveraging the growing demand for clean-label and plant-based ingredients in everyday foods. It encompasses a broad range of products, including snacks, smoothies, and protein bars, chosen for their health benefits, including nutritional richness and non-allergenic properties. Conversely, the Dietary Supplements segment is emerging, fueled by increasing health consciousness and consumer trends favoring natural alternatives. This segment is diversifying with various formulations, including protein powders, capsules, and functional foods, aimed at enhancing athletic performance and overall wellness.

    By Algae Type: Spirulina (Largest) vs. Chlorella (Fastest-Growing)

    In the Algae Protein Market, Spirulina currently holds the largest market share due to its extensive applications in health supplements and food products. As a rich source of protein and essential nutrients, Spirulina has seen substantial adoption in various consumer segments, leading to its dominance. In contrast, Chlorella has emerged rapidly, appealing to health-conscious consumers seeking plant-based proteins and detoxification benefits, showcasing a significant increase in its share. The growth trends in the Algae Protein Market are driven by increasing consumer awareness of health benefits associated with algae-based proteins, coupled with a rising demand for sustainable and plant-based dietary options. Factors such as environmental sustainability, the rise of vegetarian and vegan lifestyles, and advancements in algae cultivation have contributed to the growing popularity of Chlorella. Meanwhile, Spirulina maintains its stronghold due to established recognition and proven health benefits, despite the competition from other algae types.

    Spirulina (Dominant) vs. Chlorella (Emerging)

    Spirulina is recognized as a dominant player in the Algae Protein Market, praised for its high protein content, amino acids, vitamins, and minerals, making it a popular choice in dietary supplements and functional foods. Benefits such as improved energy levels and immune support further bolster its appeal among consumers. On the other hand, Chlorella is emerging rapidly, gaining traction due to its unique detoxification properties and rich nutrient profile, positioning it well in the organic and health-focused segments of the market. Both algae types address consumer needs for wholesome, nutrient-rich sources of protein, with Spirulina leading the charge while Chlorella captures the interest of newer health trends.

    By Protein Concentration: 70-90% (Largest) vs. Below 50% (Fastest-Growing)

    The Protein Concentration segment of the Algae Protein Market reveals a diverse distribution among different concentration levels. The largest share is held by the 70-90% concentration category, appealing to consumers seeking high protein content in their products. Meanwhile, the below 50% concentration segment is rapidly gaining traction, reflecting a growing consumer preference for more accessible and versatile protein options. This shift is driven largely by an increase in awareness of algae-based nutritional benefits, further widening the segment’s market share. As the demand for plant-based proteins continues to grow, both the 70-90% and below 50% concentration categories are poised for significant expansion. The 70-90% concentration segment benefits from premium positioning, capturing the attention of health-conscious consumers and food manufacturers. On the other hand, the below 50% category is fueled by emerging trends in food innovation, such as nutritional snacks and alternative protein sources, leading to robust market growth and collaboration opportunities in product development.

    70-90% (Dominant) vs. Below 50% (Emerging)

    The 70-90% protein concentration segment is characterized by its dominance in the Algae Protein Market. This range is particularly favored in dietary supplements and food products aimed at athletes and health enthusiasts seeking optimal protein intake. It serves as a benchmark for quality, often associated with enhanced nutritional value and functional benefits. With ongoing research highlighting the health advantages of high-concentration algae protein, this segment is well-positioned to capitalize on increasing consumer demands. Conversely, the below 50% protein concentration segment is emerging as a popular choice for manufacturers targeting a broader consumer base. This segment's versatility allows it to be incorporated into various food forms, such as smoothies, snacks, and baked goods, appealing to mainstream consumers who prefer less intense protein flavors or those looking to maximize nutritional diversity. The rapid growth in this area signals a shift towards more inclusionary products in the algae protein market, promoting the benefits of protein-rich diets without overwhelming the palate.

    By Production Method: Open Pond Cultivation (Largest) vs. Closed Photobioreactors (Fastest-Growing)

    In the Algae Protein Market, production methods are crucial in determining efficiency and output. Open Pond Cultivation has emerged as the largest segment, offering cost-effective solutions for large-scale algae production. Its simplicity and low operational costs make it the preferred choice for many producers. Meanwhile, Closed Photobioreactors, while currently smaller in market share, are receiving increasing attention due to their ability to optimize growth conditions and yield higher quality products. This method is projected to grow rapidly as technological advancements continue to enhance its efficiency.

    Open Pond Cultivation (Dominant) vs. Closed Photobioreactors (Emerging)

    Open Pond Cultivation remains the dominant method in the Algae Protein Market, levered by its lower capital requirements and proven track record in producing substantial volumes of biomass. This method utilizes natural sunlight and the surrounding environment, making it particularly suitable for regions with abundant sun and space. In contrast, Closed Photobioreactors are gaining traction as an emerging alternative; although initially more costly, they offer precise control over conditions such as light, temperature, and CO2 levels, leading to potentially higher yields and better-quality protein. The gap is closing as innovations reduce costs and improve operational efficiencies in closed systems.

    Get more detailed insights about Algae Protein Market

    Regional Insights

    North America : Innovation and Sustainability Leader

    North America is the largest market for algae protein, holding approximately 45% of the global share. The region's growth is driven by increasing consumer demand for plant-based proteins, sustainability initiatives, and supportive regulatory frameworks. The U.S. leads in market share, followed closely by Canada, which is capitalizing on its natural resources and technological advancements in algae cultivation. The competitive landscape is robust, featuring key players such as Spirulina Pacifica and Algae Health Sciences. These companies are leveraging innovative technologies to enhance production efficiency and product quality. The presence of established firms and startups alike fosters a dynamic market environment, encouraging research and development in algae protein applications across food, supplements, and cosmetics.

    Europe : Emerging Market with Strong Regulations

    Europe is witnessing significant growth in the algae protein market, accounting for about 30% of the global share. The region's expansion is fueled by increasing health consciousness among consumers, stringent food safety regulations, and a shift towards sustainable food sources. Countries like Germany and France are at the forefront, promoting algae as a viable alternative protein source through various government initiatives and funding programs. The competitive landscape in Europe is characterized by a mix of established companies and innovative startups. Key players such as Corbion and Algama are actively involved in research and development, focusing on enhancing the nutritional profile of algae products. The European market is also supported by a strong regulatory framework that encourages sustainable practices and ensures product safety, fostering consumer trust in algae-based foods.

    Asia-Pacific : Rapid Growth and Investment Opportunities

    Asia-Pacific is emerging as a significant player in the algae protein market, holding approximately 20% of the global share. The region's growth is driven by rising health awareness, increasing demand for dietary supplements, and government support for sustainable agriculture. Countries like China and India are leading the charge, with substantial investments in algae cultivation technologies and research initiatives aimed at enhancing production efficiency. The competitive landscape is evolving, with numerous local players entering the market. Companies such as Cyanotech Corporation and Algenol are expanding their operations in the region, focusing on innovative algae-based products. The presence of a diverse range of applications, from food to biofuels, positions Asia-Pacific as a promising market for algae protein, attracting both domestic and international investments.

    Middle East and Africa : Resource-Rich with Growth Potential

    The Middle East and Africa region is gradually emerging in the algae protein market, currently holding about 5% of the global share. The growth is primarily driven by the region's rich natural resources and increasing interest in sustainable food sources. Countries like South Africa and Israel are exploring algae cultivation as a means to address food security and nutritional needs, supported by various government initiatives aimed at promoting sustainable agriculture. The competitive landscape is still developing, with a few key players like Dunaliella Biotech leading the way. The region's unique climatic conditions offer opportunities for year-round algae production, making it an attractive area for investment. As awareness of the benefits of algae protein grows, the market is expected to expand, driven by both local and international players looking to capitalize on this emerging sector.

    Key Players and Competitive Insights

    The Algae Protein Market is currently characterized by a dynamic competitive landscape, driven by increasing consumer demand for sustainable protein sources and the growing recognition of algae's nutritional benefits. Key players such as Algama (FR), Spirulina Pacifica (US), and Corbion (NL) are strategically positioning themselves through innovation and partnerships. Algama (FR) focuses on developing algae-based food products that cater to health-conscious consumers, while Spirulina Pacifica (US) emphasizes the cultivation of high-quality spirulina, leveraging its established brand reputation. Corbion (NL) is enhancing its operational focus on sustainable practices, integrating algae protein into its broader portfolio of food ingredients, which collectively shapes a competitive environment that prioritizes sustainability and health.

    The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several players vying for market share. However, the collective influence of these key players is significant, as they drive innovation and set industry standards, thereby shaping consumer preferences and market dynamics.

    In August 2025, Algama (FR) announced a partnership with a leading European food manufacturer to co-develop a new line of algae-infused snacks. This strategic move is likely to enhance Algama's market presence and capitalize on the growing trend of healthy snacking, thereby positioning the company as a frontrunner in the algae protein sector. The collaboration not only expands Algama's product offerings but also aligns with consumer preferences for nutritious and sustainable food options.

    In September 2025, Spirulina Pacifica (US) unveiled a new cultivation technology aimed at increasing spirulina yield while minimizing environmental impact. This innovation is crucial as it demonstrates Spirulina Pacifica's commitment to sustainability and efficiency, potentially setting a new benchmark in the industry. By investing in advanced cultivation methods, the company may enhance its competitive edge and appeal to environmentally conscious consumers.

    In July 2025, Corbion (NL) launched a new algae protein ingredient designed for use in plant-based meat alternatives. This strategic introduction reflects Corbion's focus on diversifying its product range and meeting the rising demand for plant-based proteins. The move is indicative of a broader trend within the industry, where companies are increasingly integrating algae protein into various food applications, thereby expanding its market reach.

    As of October 2025, current competitive trends in the Algae Protein Market include a pronounced emphasis on digitalization, sustainability, and the integration of artificial intelligence in production processes. Strategic alliances are becoming increasingly pivotal, as companies collaborate to enhance their technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve, shifting from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability. This transition underscores the importance of adaptability and forward-thinking strategies in maintaining a competitive advantage in the rapidly evolving algae protein landscape.

    Key Companies in the Algae Protein Market market include

    Industry Developments

    • Q2 2024: Corbion launches new algae-based protein ingredient for plant-based foods Corbion announced the commercial launch of a new algae-based protein ingredient designed for use in plant-based meat and dairy alternatives, expanding its portfolio of sustainable protein solutions.
    • Q1 2024: Unilever partners with Algenuity to develop algae-based protein ingredients for food products Unilever entered into a partnership with Algenuity to co-develop algae-based protein ingredients aimed at enhancing the nutritional profile and sustainability of Unilever’s plant-based food offerings.
    • Q2 2024: Aliga Microalgae opens new production facility for Chlorella protein in Denmark Aliga Microalgae inaugurated a new large-scale production facility in Denmark dedicated to the cultivation and processing of Chlorella protein for use in food and nutraceutical applications.
    • Q2 2024: Sophie’s Bionutrients secures $5 million Series A funding to scale algae protein production Sophie’s Bionutrients raised $5 million in Series A funding to expand its proprietary microalgae protein production technology and accelerate commercialization in the alternative protein market.
    • Q1 2024: Nestlé launches new plant-based beverage featuring algae protein Nestlé introduced a new plant-based beverage in select European markets that features algae protein as a key ingredient, marking the company’s first use of algae protein in a consumer product.
    • Q2 2024: AlgaEnergy and Archer Daniels Midland (ADM) announce strategic partnership for algae protein development AlgaEnergy and ADM formed a strategic partnership to jointly develop and commercialize algae-based protein ingredients for food and feed applications.
    • Q1 2024: Solar Foods receives regulatory approval for algae-based protein ingredient in the EU Solar Foods obtained regulatory approval from the European Commission to market its algae-based protein ingredient for use in food products across the European Union.
    • Q2 2024: Algama raises €13 million in funding to expand algae protein product line Algama secured €13 million in new funding to accelerate the development and commercialization of its algae protein-based food and beverage products.
    • Q1 2024: Roquette announces new partnership with Algoliner to scale algae protein extraction Roquette entered into a partnership with Algoliner to scale up the extraction and processing of algae protein for use in food and nutrition applications.
    • Q2 2024: Cargill invests in AlgaeCore to develop next-generation algae protein ingredients Cargill announced a minority investment in AlgaeCore, a startup focused on developing next-generation algae protein ingredients for the food industry.
    • Q1 2024: DSM-Firmenich launches new algae protein concentrate for sports nutrition DSM-Firmenich introduced a new algae protein concentrate targeting the sports nutrition market, expanding its portfolio of plant-based protein solutions.
    • Q2 2024: Triton Algae Innovations announces commercial launch of algae-based protein for food manufacturers Triton Algae Innovations launched its algae-based protein ingredient for commercial use by food manufacturers, targeting applications in meat alternatives and functional foods.

    Future Outlook

    Algae Protein Market Future Outlook

    The Algae Protein Market is projected to grow at a 15.19% CAGR from 2024 to 2035, driven by increasing demand for sustainable protein sources and advancements in cultivation technologies.

    New opportunities lie in:

    • Development of integrated algae farming systems for enhanced yield
    • Partnerships with food manufacturers for algae-based product lines
    • Investment in R&D for high-value nutraceutical applications

    By 2035, the Algae Protein Market is expected to be a leading player in sustainable food solutions.

    Market Segmentation

    Algae Protein Market Algae Type Outlook

    • Spirulina
    • Chlorella
    • Dunaliella Salina
    • Haematococcus Pluvialis
    • Astaxanthin

    Algae Protein Market Application Outlook

    • Food and Beverages
    • Dietary Supplements
    • Animal Feed
    • Cosmetics and Personal Care
    • Nutraceuticals

    Algae Protein Market Production Method Outlook

    • Open Pond Cultivation
    • Closed Photobioreactors
    • Hybrid Systems

    Algae Protein Market Protein Concentration Outlook

    • Below 50%
    • 50-70%
    • 70-90%
    • 90% and Above

    Report Scope

    MARKET SIZE 20243.271(USD Billion)
    MARKET SIZE 20253.768(USD Billion)
    MARKET SIZE 203515.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)15.19% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing demand for sustainable protein sources drives innovation in the Algae Protein Market.
    Key Market DynamicsRising consumer demand for sustainable protein sources drives innovation and competition in the algae protein market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the current valuation of the Algae Protein Market as of 2024?

    The Algae Protein Market was valued at 3.271 USD Billion in 2024.

    What is the projected market size for the Algae Protein Market by 2035?

    The market is projected to reach 15.5 USD Billion by 2035.

    What is the expected CAGR for the Algae Protein Market during the forecast period 2025 - 2035?

    The expected CAGR for the Algae Protein Market during 2025 - 2035 is 15.19%.

    Which application segment is anticipated to have the highest growth in the Algae Protein Market?

    The Food and Beverages segment is expected to grow from 1.5 USD Billion in 2024 to 6.5 USD Billion by 2035.

    How does the market for Spirulina compare to Chlorella in terms of valuation?

    Spirulina was valued at 0.75 USD Billion in 2024 and is projected to grow to 3.5 USD Billion by 2035, while Chlorella is expected to increase from 0.85 USD Billion to 4.0 USD Billion.

    What production method is likely to dominate the Algae Protein Market?

    Open Pond Cultivation is projected to lead the market, growing from 1.5 USD Billion in 2024 to 7.2 USD Billion by 2035.

    Which key players are leading the Algae Protein Market?

    Key players include Algama, Spirulina Pacifica, Algae Health Sciences, and Corbion, among others.

    What is the expected growth for the Animal Feed segment in the Algae Protein Market?

    The Animal Feed segment is anticipated to grow from 0.7 USD Billion in 2024 to 3.0 USD Billion by 2035.

    How does the protein concentration affect the market valuation?

    The 70-90% protein concentration segment is expected to grow from 1.5 USD Billion in 2024 to 6.0 USD Billion by 2035.

    What are the future prospects for the cosmetics and personal care segment in the Algae Protein Market?

    The cosmetics and personal care segment is projected to increase from 0.2 USD Billion in 2024 to 1.0 USD Billion by 2035.

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