Press release
Protein Extracts from Single Cell Protein Sources Market 2023 by Key Players Lallemand, euglena Co Ltd, Unilever, Valensa International, Bega Cheese Limited, Cangzhou Tianyu Feed Additive Co.,Ltd
Browse report sample at: https://www.psmarketresearch.com/market-analysis/protein-extracts-from-single-cell-protein-sources-market/report-sample
*Increasing acquisitions by key players to enhance their market share
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.
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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*Insights on market segments
The market has been classified as algae, yeast, bacteria and fungi, on the basis of source. Of all types of sources, the fastest growth in the protein extracts from single cell protein sources market during the forecast period is expected from algae category, with 9.3% CAGR.
SCP for human consumption is generally produced from food grade substrates, but the processes are being developed to produce SCP from inexpensive waste materials, food and beverage processing industries, as well as directly from forestry and agricultural sources. Algae has large biomass than fungi (filamentous fungi and yeast) and bacteria, and can be used as SCP, which is an advantage over other sources of protein, and thus accelerate the growth of protein extracts from single cell protein sources market.
Browse report at: https://www.psmarketresearch.com/market-analysis/protein-extracts-from-single-cell-protein-sources-market
The protein extracts from single cell protein sources market is categorized into animal feed, biotechnology, agriculture and fertilizers, and others, on the basis of application. During the forecast period, the demand for these products is expected to witness the highest growth for animal feed application area, at a CAGR of 8.8%.
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