Single cell protein (SCP) are refined protein extracted from microorganisms such as yeast, fungi, algae, and bacteria. These products can be used as dietary supplements in animal feed or human food. Such organisms use various energy and carbon sources to grow and produce amino acids and proteins concentrate. SCP is the protein separated from cultured microbial biomass. It can be utilized for protein supplementation to main dietary regimen by substituting expensive standard sources such as fishmeal and soymeal to mitigate the issue of deficient protein intake. In addition, bioconversion of farming and mechanical wastes to protein rich nutriment and grain stock has an extra advantage of making the end product less expensive has provided industry a boost.
The scope of research study titled ‘Single Cell Protein Products Market – Growth, Future Prospects, and Competitive Analysis, 2023 – 2030’ provides the point-by-point market investigation, which helps speculators, manufacturers, organization officials, and industry members in settling on choices identified with prospects in the worldwide single cell protein products market and to take tactical initiatives. This report inspects and offers the chief patterns common in the worldwide single cell protein products market and the market size and forecast.
The extent of the report involves sorts of sources and geographical circulation. The sorts of sources of proteins classified into yeast, fungi, bacteria, and algae. In-depth exploration as far as market size and estimates is executed for every segment for the term 2020-2030, along with specific CAGRs for the term 2023-2030.
A depiction of the market estimation of the previously mentioned section for the term 2020-2030 is collated in the extent of the report alongside the respective market estimation for the specific nations in the territorial segments.
A complete depiction is also introduced with respect to the market elements in the study to comprehend and expect the patterns in the market. Tools for leading a portfolio examination by the prime players are also exhibited in the report. This report also contains the organization profiling of the prime market players which occupy the conspicuous position in the single cell protein products market internationally. The significant players in worldwide single cell protein products market are NOW Food Health LLC., Aumgene Bioscience, BIOMIN Holding GmbH, Devenish Nutrition limited, Nutreco N.V., BIO CAT, Alltech, Inc., Willows Ingredients, and others.
Single cell protein alludes to unrefined or refined protein of yeast, bacteria, fungi or algae origin, which is utilized either as human food or animal feed. The production and usage of microbial biomass as a source of food increased specific interest as an alternative source of protein of agricultural origin due to its high protein substance, microorganism generally contain over 40% of rough protein on dry weight bases. Bacteria and yeast have been especially essential for single cell protein production and are effortlessly adequate as their biomass has been consumed by man since early ages in form of fermented food. The growth of single cell protein products market has been strongly supported by the requirement of cheaper protein rich nutriment. One prominent factor that contributes to the growth of single cell protein products is malnutrition and poor diets. As malnourished populations are increasing, the prevalence of related diseases related are bound to consistently grow, thus driving the growth in demand for single cell protein products.
Single cell protein as coined to report are the protein produced from biomass of various microbial sources. Microbial biomass has been viewed as a contrasting option to regular sources of feed or food. The global single cell protein products market is emerging at magnificent pace due to escalating unhealthy diets and malnutrition population leading in increasing demand for cheaper alternative sources.
Geographically, the global single cell protein products market is cumulative to Asia Pacific, Europe, North America, Latin America and Middle East & Africa.
The alarming rate of populace emergence has expanded the interest for production of food in underdeveloped nations prompting a yawning hole in demand and supply. This has prompted an expansion in the quantity of hungry and constantly malnourished individuals. This circumstance has made an interest for the detailing of creative and alternative proteinaceous nutrient sources. According to the Global Alliance for Improved Nutrition, two billion individuals on the planet experience the ill effects of different forms of malnutrition. The United Nations Food and Agricultural Organization evaluates that around 795 million individuals of the 7.3 billion pool, or one out of nine, were experiencing ceaseless undernourishment in 2014-16. Of such individuals, 780 million, live in under developed countries, showing 12.9%, or one of every eight, of the total inhabitants of developing nations. According to the estimates of WHO, an aggregate 80% of the kids influenced live in Asia, majorly in southern Asia, 15% in Africa, and 5% in Latin America. Roughly 43% of youngsters (230 million) in under-developed nations are hindered.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Single Cell Protein Products market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Sources
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report