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North America Protein Extracts from Single Cell Protein Sources Market Will Led to Huge Growth and Share in Near Future
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Moreover, conferences conducted in the U.S. and Canada for pertinent technologies, that address challenges in the development of protein products also support the growth of the market in the region. For instance, in May 2017, a conference titled “Global Food Forums Protein Trends & Technologies Seminar” was conducted in Illinois, U.S. This conference was aimed at enhancing knowledge and skills of personnel of organizations producing protein extracts for the development of new and innovative protein-centric products.
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Furthermore, the establishment of various institutions or non-profit scientific foundations (such as, International Life Sciences Institute), for proving better understanding of the role of science in advancing nutritional quality and safety of food supply, also support the growth of the protein extracts from single cell protein sources market.
In order to increase their market share, key players of the protein extracts from single cell protein sources industry are pursuing acquisitions. For instance, in January 2018, Cargill Incorporated (Cargill) acquired Pro-Pet LLC. The acquisition was aimed to strengthen Cargill’s distribution channel of animal feed and pet food offerings in the agriculture retail market. The terms of the transaction were not disclosed.
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Some of the other key players operating in the protein extracts from single cell protein sources industry are Lallemand Inc., Unibio International plc., Qingdao CBH Co. Ltd., euglena Co. Ltd., Unilever Group, Valensa International , Bega Cheese Limited, Cangzhou Tianyu Feed Additive Co. Ltd., Tangshan Top Bio-Technology Co. Ltd, Cargill Incorporated.
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