Protein Extracts From Single Cell Protein And Other Conventional Sources Market To Reach $36.4 Billion By 2030

Protein Extracts From Single Cell Protein And Other Conventional Sources Market Growth & Trends

The global protein extracts from single cell protein and other conventional sources market size is expected to reach USD 36.4 billion by 2030, registering a CAGR of 7.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is expected to be driven by rising investments in the animal feed industry to cater to rising demand for cattle feed.

India ranks first with respect to cattle inventory, with demand for cattle inventory constantly increasing in U.S. This is driving demand for animal feed and protein extracts from different sources. In U.S., approximately 12.0% of the cattle inventory falls under drought area. This percentage was approximately 73.0% and 26.0% in 2013 and 2008, respectively.

Furthermore, the combination of genetic engineering techniques to produce proteins and attain better expression levels is expected to boost this market. These genetic modifications aid in increasing nutraceutical value of the biomass product either by increasing amino acid composition or by optimization of other biomolecules present in the product. Moreover, there are a number of methods for the removal of ribonucleic acid (RNA) from extracted protein, another factor likely to impact market growth.

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Protein Extracts From Single Cell Protein And Other Conventional Sources Market Report Highlights

• The animal feed segment is expected to grow at the fastest CAGR of 7.4% over the forecast period. Domestic animals continue to make substantial contributions to the global food supply, which has led to animal feeds becoming an increasingly important component of the integrated food chain.

• The plant protein extract segment accounted for the largest revenue share in 2022. The presence of a large number of methods for the extraction of plant proteins is anticipated to result in the dominance of this segment in the coming years.

• North America the market and accounted for a revenue share of 36.5% in 2022 with respect to pharmaceutical applications. Presence of well-established companies engaged in feed production through microbial cell cultivation have attributed to its growth

• Ongoing research studies in U.S. regarding use of microbes as an alternative nutrient source is expected to propel the growth of this regional market during the forecast period

• The Middle East and Africa region is expected to grow at the fastest CAGR of 8.4% during the forecast period as countries are undertaking efforts to enhance their share in the global animal feed industry.

Protein Extracts From Single Cell Protein And Other Conventional Sources Market Segmentation

Grand View Research has segmented the global protein extracts from single cell protein and other conventional sources market on the basis of on source, application, and region:

Protein Extracts from Single Cell Protein and Other Conventional Source Outlook (Revenue, USD Million, 2018 - 2030)

• 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, 2018 - 2030)

• Biotechnology

• Pharma

• Cell Culture Media

• Others

• Animal Feed

• Animal Feed by Sources

• Plant Protein Extract Sources

• Microbial Sources - Single Cell Proteins

• Bacteria

• Yeast

• Algae

• Fungi

• Microbial Sources - Direct Use

• Animal Feed by Grades

• Concentrates

• Isolates

• Hydrolysates

• Animal Feed by Animal Type

• Livestock

• Poultry

• Pig

• Cattle

• Other Livestock

• Fish Feed

• Companion/Pet Animals

• Agriculture & Fertilizers

• Others

Protein Extracts from Single Cell Protein and Other Conventional Sources Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • Thailand

  • South Korea

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East and Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Protein Extracts From Single Cell Protein And Other Conventional Sources Market

• Unilever

• Taiwan Chlorella Manufacturing Company

• CBH

• Xiamen Hyfine Gelatin Co. ltd

• BlueBio Tech GmbH

• Euglena Co. ltd

• Corbion Biotech, Inc

• KnipBio

• Hangzhou

• Earthrise Nutritional