Global Single Cell Protein Market
size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 9.1 % through 2020 to 2026, reaching nearly US$ XX Bn.
Global Single Cell Protein Market Overview:
Single Cell Protein contains extraction of protein, lipids, vitamins, and biomass from Edible Unicellular microorganisms like Algae, Fungi, Bacteria, and Yeast. These extracts are used on a large scale to improve the nutrition level of food products for humans and animals. Rising population and increasing consumption have resulted in growing stress over the use of natural resources as a food product. Single Cell Protein is an option with the potential to resolve the issue of satisfying the increasing demand for nutrient-rich food products. The utilization of microorganisms as the food additive intended for human and animal consumption is the basis of Single Cell Protein. An increase in consumption of nutritional food products and limitation in availability of sources has resulted in the growth of the Global Single Cell Protein Market.
Global Single Cell Protein Market Dynamics:
Microorganisms required in producing Single Cell Protein consume limited feedstock and gives output in a short period without causing any damage to nature. This low-cost and environmentally friendly feature has resulted in making Single Cell Protein a clean and sustainable source of protein over other conventional protein sources. To increase customer base and spend more on research and development Valensa International alliied with Algae Biomass Corp. This merger aimed to create awareness about the use of Single Cell Protein as a sustainable source for nutrient-rich human and animal food. To create awareness about the use of Single Cell Protein and its positive impact on nature, European Algae Biomass Association organized several workshops for nutrient-rich food manufacturers. The impact of this resulted in White Dog Labs, a leading alternative protein company started using Single Cell Protein as a nutrient element in their food products. After getting United States Pharmacopeia verification mark that is given to industries that make their products in a safe, sanitary, and well-controlled manner, BioAstin Hawaiian Astaxanthin by Cyanotech Corporation has observed an increase of 16% in sales. A report by United Nations published in July 2017, states that the world population in 2050 is estimated to reach the mark of 9.5 Billion. Limitations in the availability of sources of protein and increase in consumption may cause global scarcity of nutritious food products. Single Cell Protein provides an excellent alternative that can be used on a large scale in manufacturing nutrient-rich food products. Availability on a large scale, low operating cost, and potential to resolve the global hunger problem are the major driving factors for the growth of the Global Single Cell Protein Market.
The cost of Machinery required is very high limiting the entry of new players in the Global Single Cell Protein Market. Feedstock linked to oil production has amplified in cost as compared to other competitive protein sources. This acts as a major restraining factor.
Global Single Cell Protein Market Segment Analysis:
By Feedstock, the harvesting of single-cell microorganisms depends on the type of food product they are fed with. It is observed that more than 60% of feedstock provided to the Single Cell Protein Industry was conventional in nature. Rising demand for organic food products has resulted in a 4% increase in the use of Organic products as a feedstock in the Global Single Cell Protein Market. By Species, It is observed that Algae and Fungi are used on a large scale in manufacturing Single Cell Proteins. It is observed that more than 60% of the total dried cell extraction is done on these two types of microorganisms. The presence of Autotrophic properties has resulted in a 4% increase in the use of Algae and Yeast in manufacturing Single Cell Proteins. Dried extracts of Bacteria are used on a large scale by the Pharmaceuticals Industry. By Application Different microorganisms like Bacteria and Yeast are used in manufacturing dietary supplements and fodder. It is observed that Algae, Fungi, and Yeast are used on a large scale in improving the nutritional content of food products while dried bacteria extract is used in manufacturing medicines. Single Cell Protein is used as a base in manufacturing cosmetics.
To know about the Research Methodology :- Request Free Sample Report An increase in preference for protein-based nutrient-rich food products has resulted in an increase of 3% in using Single Cell Protein by the Food & Beverages Industry. Rising preference for an alternative but organic source for protein has resulted in a 2.7% increase in demand for dietary supplements made by using Single Cell Protein. High protein content and the presence of nourishing properties have resulted in a 4% increase in demand for Single Cell Protein by the Cosmetics Industry. The use of Single Cell Protein in manufacturing nutrient-rich fodder and food products for the pet is gaining popularity. It is observed that the use of Single Cell Protein as food in the Marine, Dairy, and Poultry industry has resulted in a 6% increase in its use by the Animal Husbandry and Pet Food Industry. Different applications of Single Cell Protein are studied extensively in a controlled environment by different labs.
Global Single Cell Protein Market Regional Insights
It is observed that demand for nutrient-rich food products has resulted in a 9% increase in food products made by using Single Cell Protein in North America. The presence of advanced technology labs and high expenditure by nutraceuticals firm on finding alternative protein sources has resulted in an increase of 3% in setting and operating Single Cell protein manufacturing firms. Increasing demand for high protein content in health supplements and dietary food products has resulted in a 2.6% increase in demand for Single Cell Protein-based supplementary food products. An increase in preference for a zero-carbon nutrient-rich food manufacturing process has resulted in a 4% increase in Single Cell Protein-based food products in Europe. It is observed that Cosmetics made by using Single Cell Protein as the base has observed a growth of 1.8% in this region. The presence of a large number of Single Cell Protein labs and awareness created by extensive media campaigns has resulted in a 6% increase in consumption of Single Cell Protein-based health supplements in the region of Asia-Pacific. Increased preference for Single Cell Protein as food in the Aquaculture industry has resulted in an 11% increase in sales. South America is the biggest consumer of Single Cell Protein-based animal food products. Demand for Nutrient-rich fodder and pet food has resulted in a 5.5% increase in demand for Single Cell Protein by the Animal Husbandry and Pet Food Industry. The Middle East and Africa’s Market is showing a low growth rate, the reason for which is the lack of technological infrastructure and different economical and political restraints. The objective of the report is to present a comprehensive analysis of the global Single Cell Protein market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Single Cell Protein market dynamics, structure by analyzing the market segments and Project the global Single Cell Protein market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Single Cell Protein market make the report investor’s guide.
Global Single Cell Protein Market Scope: Inquire before buying
Global Single Cell Protein Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South America
Global Single Cell Protein Market Key Players
• EVONIK Industries AG • NOVUS International • Unibio A/S • Calysta Inc. • Alltech Inc. • Nutrinsic • Blue Bio Tech International GmbH • Parry Nutraceuticals • Lallemand Inc. • Angel Yeast Co. Ltd. • BIOMIN Holding GmbH • Devenish Nutrition, LLC • iCell Sustainable Nutrition Company Ltd. • Algaeon Inc. • Euglena Co. Ltd. • Marlow Foods Ltd. • TerraVia Holdings Inc. • Unilever • Vega Pharma Ltd. • CBH Qingdao Co. Ltd. • Cyanotech Corp.