Parabel
Parabel USA Inc. is a Vero Beach, Florida-based private company that cultivates and processes duckweed (Lemna Minor) into plant-based protein ingredients, primarily for animal and fish feed manufacturers, with secondary applications in food and nutrition.
- Company typePrivate
- Founded2012
- HeadquartersVero Beach, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Parabel firmographics
Firmographics- Name
- Parabel
- Legal name
- Parabel USA Inc.
- Website
- https://parabel.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Parabel USA Inc. is a Vero Beach, Florida-based private company that cultivates and processes duckweed (Lemna Minor) into plant-based protein ingredients, primarily for animal and fish feed manufacturers, with secondary applications in food and nutrition.
- Ownership category
- akta.pro rank
Parabel industry classification
Industry- Product category
- Plant-Based Protein Ingredients
- NAICS
- Aquaculture (1125), Aquaculture (11251), Other Aquaculture (112519)
- SIC
- Grain Mill Products (2040)
- akta.pro primary industry
- Algae & Seaweed Proteins (Microalgae/Spirulina, Macroalgae) (AFAJAHAF)
Keywords
Where Parabel is headquartered
LocationHeadquarters
- HQ city
- Vero Beach
- HQ country
- United States
- HQ region
- North America
Markets served
Parabel business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Protein Ingredient Sales: Parabel USA Inc. operates as a key player in the duckweed protein market, generating revenue through the production and sale of plant-based protein ingredients (primarily in dried form) for end-use applications such as animal and fish feed (which led end-use segments at 59.4%) and likely food and nutrition applications.
Parabel product offering
Product offeringCore offering
Parabel (Parabel USA Inc.) cultivates, harvests, and processes water lentils (duckweed, primarily Lemna Minor) into sustainable plant-based protein ingredients, predominantly supplied in dried form for use in animal feed, fish feed, and food/nutrition applications. The company holds patents and proprietary technology for duckweed protein production and operates as a key player in the global duckweed protein market.
Differentiator
Problem solved
Functional benefit
Products and services
- Parabel Duckweed Protein (Lemnaceae protein)
Quantifiable outcome
- Participation in a market projected to grow from USD 89.4M (2024) to USD 244.8M (2034) at a 10.6% CAGR
- +2 more outcomes
Companies that use Parabel
Customer profileSegments2 records
Ideal customer profiles2 records
Parabel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Parabel partnerships and signals
Strategic signalScale indicators4 records
Parabel competitors and assessment
Company assessmentDirect peers
- Plantible Foods: Plantible Foods produces a duckweed (Lemna)-based functional protein ingredient called RubiProtein for food and beverage applications. It is the most direct competitor to Parabel, targeting the same aquatic-plant protein category with a similar B2B ingredient model.
- Hinoman: Hinoman cultivates Mankai, a proprietary duckweed strain, for protein and nutritional applications. It is one of the six listed key players in the duckweed protein market alongside Parabel and operates with the same single-ingredient, plant-based protein thesis.
- Lempro: Lempro is named as a key player in the global duckweed protein market alongside Parabel. It is a direct niche competitor focused on duckweed-based protein production for food and feed applications.
- Seta Organics: Seta Organics is listed as one of six key players in the duckweed protein market. It is a direct niche competitor producing duckweed (Seta)-derived protein ingredients for similar end-uses to Parabel.
- Benson Hill: Benson Hill is a US-based ingredient company that develops and supplies plant-based protein ingredients (e.g., soy and yellow pea) to food and feed manufacturers. It is comparable to Parabel as a B2B plant-protein ingredient supplier, though serving a different crop.
Others
- Barentz Bio Healthife: Barentz is a global specialty ingredient distributor that operates in the plant-based protein space and is listed among key duckweed protein market participants. It is comparable to Parabel as a channel and ingredient ecosystem participant rather than a direct duckweed cultivator.
Broad incumbents
- Corbion: Corbion produces algae-based omega-3 ingredients (AlgaPrime DHA) for animal feed and aquaculture through its TerraVia business. It is comparable to Parabel as an established algae/microbe-derived ingredient supplier serving feed markets, though at much larger scale.
- Roquette: Roquette is a global leader in plant-based ingredients (pea protein, starches, polyols) supplying food, nutrition, and feed markets. It is a broad incumbent comparable to Parabel's plant-protein ingredient model, but with vastly greater scale and crop diversity.
- Cargill: Cargill is one of the world's largest agricultural and animal nutrition companies, with deep involvement in plant-protein and aquafeed ingredient supply. It competes with Parabel in feed-grade protein procurement and is a potential customer, competitor, or partner at scale.
- ADM: ADM is a global agribusiness and nutrition company with a major plant-protein ingredient business (e.g., Vegaburgers, soy and pea proteins) and a large animal nutrition division. It is comparable to Parabel as both a competitor for protein ingredient share and a buyer/distributor of novel proteins into feed and food channels.
Market position
Customer concentration
Parabel social profiles
Digital presenceParabel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Parabel leadership team
Management profileNumber of profiles
Profiles3 records
Parabel funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Parabel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Parabel
What does Parabel do?
Parabel (Parabel USA Inc.) cultivates, harvests, and processes water lentils (duckweed, primarily Lemna Minor) into sustainable plant-based protein ingredients, predominantly supplied in dried form for use in animal feed, fish feed, and food/nutrition applications. The company holds patents and proprietary technology for duckweed protein production and operates as a key player in the global duckweed protein market.
Is Parabel a public or private company?
Parabel is a private company. It is classified as venture growth investor backed and is currently operating.
When was Parabel founded?
Parabel was founded in 2012. It employs 101 to 250 people.
Where is Parabel based?
Parabel is headquartered in Vero Beach, United States, in the North America region.
How does Parabel make money?
One revenue line is on record: protein Ingredient Sales.
Who are Parabel's main competitors?
Direct peers on record are Plantible Foods, Hinoman, Lempro, Seta Organics and Benson Hill. Barentz Bio Healthife is listed as an others. Broad incumbents are Corbion, Roquette, Cargill and ADM.
Does Parabel have an API?
No public API is recorded for Parabel.
What industry is Parabel in?
Parabel's product category is Plant-Based Protein Ingredients. Its primary akta.pro industry code is AFAJAHAF, Algae & Seaweed Proteins (Microalgae/Spirulina, Macroalgae). Its NAICS code is 1125 and its SIC code is 2040.