Protein Extracts from Single Cell Protein Sources Market Size by Source, Application, Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2030
Overview
The Protein Extracts from Single Cell Protein Sources Market size was valued at USD 21.36 Billion in 2023 and the total Protein Extracts from Single Cell Protein Sources revenue is expected to grow at a CAGR of 8.5% from 2024 to 2030, reaching nearly USD 37.82 Billion.
Protein Extracts from Single Cell Protein Sources Market Overview:
Protein extracts from single cell protein (SCP) sources refer to the proteins obtained from different types of unicellular microorganisms, such as fungi, bacteria, yeast, and algae. These microorganisms need varied carbon sources for the generation of new proteins and other metabolites, such as fats, vitamins, and carbohydrates. Single cell proteins have an elevated nutritional significance owing to their elevated vitamin, lipid content, and vital amino acid.
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Protein Extracts from Single Cell Protein Sources Market Dynamics:
Surge in production of animal feed and food, increasing demand of food having low fat concentration and optional amino acid composition, escalating number of research and development activities in nutraceuticals and expanding initiatives to generate awareness about the health advantages of substitute protein sources are the primary growth drivers for protein extracts from single cell protein sources market. Increasing number of malnourished population across the globe is expected to drive the growth of the market for Single-Cell Protein over the forecast period.
The data from the UNICEF states that globally half of the deaths in children under age five years are due to malnutrition or under nutrition. Also, growing initiatives by private and public entities to cater the escalating demand for protein and technological advancement in the production of protein are also facilitating the growth for the protein extracts from single cell protein sources market. In May 2017, Angel launched a wholly new semi-dry yeast in a tetra pack form. It is hygienic and easy to use, as it has a reusable top opening. Semi dry yeast is granule shaped with round 20% moisture, and possesses the characteristics of both, fresh and dry yeast.
The report has profiled twenty one key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and the report has come up with recommendations for a future hot spot in the APAC region.
Protein Extracts from Single Cell Protein Sources Market Segment Analysis:
The Protein Extracts from Single Cell Protein Sources Market is segmented based on source and application.
Based on Source, the algae category held 35.4% share in protein extracts from single cell protein sources market in 2023, owing to the rising adoption of commercialized algae-based Spirulina and Chlorella in various industries including food and beverage, pharmaceutical and biotechnology, cosmetic, animal feed, and agriculture.
Based on Application, the animal feed segment accounted for largest share and is expected to grow at fastest rate due to escalating manufacture of animal feedstuff owing to the mounting population of livestock, cattle, and buffalo.
Protein Extracts from Single Cell Protein Sources Market Regional Insights:
North America is anticipated to dominate the global market during forecast period.
North America leads the global market due to the production of animal feed, increased food, and use of appropriate technologies. In addition, escalating number of research and development activities in nutraceuticals, and expanding initiatives to generate awareness about the health benefits of alternative protein sources are also surging the market growth.
Asia Pacific is expected to witness the fastest growth during a forecast period by registering a CAGR of 10.8%.
High production rate of livestock, which results in increased consumption of protein and other nutrients. Prevalence of malnourishment in some underdeveloped economies boost the market growth, as they heavily rely on Spirulina which has high protein content boosting the immunity in children and pregnant women.
The report also helps in understanding the Global Protein Extracts from Single Cell Protein Sources dynamics, structure by analyzing the market segments and project the Protein Extracts from Single Cell Protein Sources size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Protein Extracts from Single Cell Protein Sources make the report investor’s guide.
Protein Extracts from Single Cell Protein Sources Market Scope :Inquire before buying
| Protein Extracts from Single Cell Protein Sources Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | USD 21.36 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 8.5% | Market Size in 2030: | USD 37.82 Bn. |
| Segments Covered: | by Source | Algae Yeast Bacteria Fungi |
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| by Application | Animal Feed Biotechnology Agriculture & Fertilizers |
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Protein Extracts from Single Cell Protein Sources Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Key Players Operating in the Protein Extracts from Single Cell Protein Sources Market:
1. Lallemand Inc.
2. Unibio International plc
3. Qingdao CBH Co. Ltd.
4. euglena Co. Ltd
5. Unilever Group
6. Valensa International
7. Bega Cheese Limited
8. Cangzhou Tianyu Feed Additive Co. Ltd.
9. Tangshan Top Bio-Technology Co. Ltd
10. Cargill Incorporated
11. Agriprotein Holdings Ltd.
12. Bluebiotech Gmbh
13. Bluegreen Foods, Inc.
14. E.I.D. - Parry (India) Limited
15. Earthrise Nutritional
16. Far East Bio-Tec Co., Ltd
17. Forfarmers
18. Glanbia Plc
19. Xiamen Hyfine Gelatin Co., Ltd
20. Calysta, Inc
Frequently Asked Questions:
1. Which region has the largest share in Global Protein Extracts from Single Cell Protein Sources Market?
Ans: North America region held the highest share in 2023.
2. What is the growth rate of Global Protein Extracts from Single Cell Protein Sources Market?
Ans: The Global Protein Extracts from Single Cell Protein Sources Market is growing at a CAGR of 8.5% during forecasting period 2024-2030.
3. What is scope of the Global Protein Extracts from Single Cell Protein Sources Market report?
Ans: Global Protein Extracts from Single Cell Protein Sources Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Protein Extracts from Single Cell Protein Sources Market?
Ans: The important key players in the Global Protein Extracts from Single Cell Protein Sources Market are – Lallemand Inc., Unibio International plc, Qingdao CBH Co. Ltd., euglena Co. Ltd, Unilever Group, Valensa International, Bega Cheese Limited, Cangzhou Tianyu Feed Additive Co. Ltd., Tangshan Top Bio-Technology Co. Ltd, Cargill Incorporated, Agriprotein Holdings Ltd., Bluebiotech Gmbh, Bluegreen Foods, Inc., E.I.D. - Parry (India) Limited, Earthrise Nutritional, Far East Bio-Tec Co., Ltd, Forfarmers, Glanbia Plc, Xiamen Hyfine Gelatin Co., Ltd, Calysta, Inc, and Angel Yeast Co. Ltd..
5. What was the Global Protein Extracts from Single Cell Protein Sources Market size in 2023?
Ans: The Global Protein Extracts from Single Cell Protein Sources Market size was USD 21.36 Billion in 2023.