Global Protein Extracts from Single Cell Protein and the Other Conventional Sources Market is expected to reach USD 26.3 Billion by 2025. Protein Extracts from Single Cell Protein and Other Conventional Sources is used to meet the protein need of raising population. The single cell protein (SCP) is termed as a dried microbial cell or total protein extracted from pure microbial cell culture like fungi, algae, bacteria, and yeast specifically grown on agricultural waste and may be used as food supplement to animals and humans. The production of single cell protein can be done using waste materials like corncobs, wood shavings, sawdust, and others. The protein extracts market is expected to grow at a significant CAGR of 8.4% in the forecast period.
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Key Players:
The key players of Protein
Extracts from Single Cell Protein and Other Conventional Sources Industry are
Marlow Foods Limited, Nutreco, Lallemand Inc., AgriProtein Holdings, BlueBio
Tech Int. GmbH, ZEN-NOH, and KnipBio.
Growth Drivers:
High demand for SCP proteins as
it has low fat content and contains about 43 to 85% of protein, growing use of
enhanced techniques, high demand for nutritious products, and rising population
are documented as major factors of Protein Extracts from Single Cell Protein
and Other Conventional Sources Market that are estimated to enhance the growth
in the years to come. Protein Extracts from Single Cell Protein and Other
Conventional Sources Market is segmented based on sources, applications, and
region.
Fungi, bacteria, algae, yeast,
and other sources could be explored in Protein Extracts from Single Cell
Protein and Other Conventional Sources in the forecast period. Plant based
protein extracts accounted for the largest market share of Protein Extracts
from Single Cell Protein and Other Conventional Sources and is estimated to
lead the market in the upcoming years. The Protein Extracts from Single Cell
Protein and the Other Conventional Sources market may be categorized based on
applications like agriculture & fertilizers, biotechnology, animal feed,
and others. The animal feed is sub-segregated into animal feed by animal type
and animal feed by grades. Animal feed by animal type includes pet animals,
livestock, and fish feed. On the other hand, animal feed by grade includes hydrolysates,
concentrates, and isolates. Agriculture protein extracts and animal feed
protein extracts accounted for the largest market share of overall market and
is estimated to remain dominant in the forecast period. This may be because of
high demand for proteins from this section.
Globally, North America accounted
for the largest market share of Protein Extracts from Single Cell Protein and
Other Conventional Sources in 2016 and is estimated to lead the overall market
in the coming years. The reason behind the overall Protein Extracts from Single
Cell Protein and the Other Conventional Sources market growth could be, rising
use of enhanced biotechnological techniques and presence of key manufacturers
in the region. The United States is a major consumer of Protein Extracts from
Single Cell Protein and Other Conventional Sources in this region. This may be
because, rising research regarding use of microbes as a substitute nutrient
source.
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