Felton - 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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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.
Market Segment:
Protein Extracts from Single Cell Protein and Other Conventional Sources Source Outlook (Revenue, USD Million, 2014 - 2025)
- Plant Protein Extract Sources
- Microbial Sources - Single Cell Proteins
- Microbial Sources - Direct Use
Protein Extracts from Single Cell Protein and Other Conventional Sources Application Outlook (Revenue, USD Million, 2014 - 2025)
- Biotechnology
- Pharma
- Cell Culture media
- Other
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Regional Analysis For Protein Extracts Market:
For comprehensive understanding of market dynamics, the global Protein Extracts Market is analyzed across key geographies namely: North America, Europe, Asia-Pacific, Latin America and Africa. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Protein Extracts Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of High-Performance Alloys Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
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