Single cell protein mainly involves less energy also feedstock consumption during production, which further reduces carbon footprint significantly, and again reduces stress on the environment, making it a sustainable protein feed source over the conventional protein sources. Manufacturers operating in single cell protein market have been grabbing advantage of this opportunity to innovate in sources like spirulina, chlorella, and fusarium, and others, to develop nutritional supplements which support high-risk patients also undernourished children.
MARKET DYNAMICS
The single cell protein market has witnessed significant growth owing to factors such as increasing application in food and beverages, animal feed, dietary supplements, and others. There is a growing awareness among consumers that modern diet should filled with depleted & over-processed convenience foods. Companies operating in single cell protein market are hence capitalizing on this opportunity to raise the availability of supplements which will provide extra vitamins and minerals. Spirulina owns a better nutrient profile than other grains, plants, and herbs. Increasing popularity of protein-rich products mainly among millennials coupled with the rising number of gym memberships is further supporting the growth of the single cell protein market. However, regulations upon these products may restrict the growth of the single cell protein market. Nevertheless, with the rapid growth in the food processing industry and food supplement sector, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Single Cell Protein Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the single cell protein market with detailed market segmentation by source, application, and geography. The global single cell protein market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading single cell protein market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global single cell protein market is segmented on the basis of source, and application. The single cell protein market on the basis of the source is classified into yeast, fungi, algae, and bacteria. Based on application, global single cell protein market is bifurcated into food and beverages, animal feed, dietary supplements, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global single cell protein market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The single cell protein market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the single cell protein market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the single cell protein market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global single cell protein market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from single cell protein market are anticipated to lucrative growth opportunities in the future with the rising demand for single cell protein in the global market. Below mentioned is the list of few companies engaged in the single cell protein market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the single cell protein market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alltech, Inc.
- AngelYeast Co., Ltd.
- BIOMIN Holding GmbH
- Calysta, Inc.
- Devenish Nutrition, LLC.
- Evonik Industries AG
- Lallemand Inc.
- NOVUS International
- Parry Nutraceuticals
- Unibio A/S
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.