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Single Cell Protein Markets Set for Robust Growth, Expected to Hit $24.5 Million and $69.4 Million Respectively by 2030

06-11-2024 06:15 PM CET | Food & Beverage

Press release from: Transparency Market Research

Single Cell Protein Market

Single Cell Protein Market

The coronavirus pandemic has dramatically shifted consumer focus towards health and wellness, with a heightened emphasis on immune-boosting foods. Among these, spirulina, a single cell protein, has gained significant popularity as a superfood, hailed for its rich nutrient profile. As health-conscious consumers seek products that enhance their immunity, manufacturers in the ASEAN single cell protein market are capitalizing on this trend, innovating with spirulina, chlorella, and fusarium to create nutritional supplements that benefit high-risk patients and undernourished children.

๐—š๐—ฒ๐˜ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฃ๐——๐—™ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32618

The Rise of Spirulina and Single Cell Proteins
Modern diets, often filled with depleted and over-processed convenience foods, have led to a growing awareness of the need for nutrient-dense alternatives. Spirulina stands out due to its superior nutrient profile compared to many plants, grains, and herbs. Companies in the ASEAN single cell protein market are leveraging this opportunity to increase the availability of supplements that provide essential vitamins and minerals.

Innovations in Aquaculture Feed
The ASEAN single cell protein market is also addressing the challenge of sourcing sustainable, renewable, and high-protein ingredients for fish feed. The aquaculture industry, one of the fastest-growing animal protein sectors, demands high-quality protein sources. Companies are responding by scaling up the processing of single cell protein (SCP) for fish feed, aiming to improve protein content in fish products. This sector's growth is driven by the need to provide better nutrition and sustainability in aquaculture.

Expanding Applications of SCP
New market players are emerging in the alternative protein space, with companies like Brewed Foods, a subsidiary of White Dog Labs (WDL), gaining recognition for their SCP-rich powder. This powder is used in a variety of food applications, including plant-based meats and cheeses, without interacting negatively with other ingredients. The trend towards vegan and plant-based foods is creating incremental opportunities for SCP in the ASEAN market, particularly in meat analogs and non-dairy milks.

Market Dynamics and Growth Projections
The ASEAN single cell protein market is projected to grow at a robust CAGR of 9.3% during the forecast period. SCP is not only a rich source of protein but also provides essential lipids, vitamins, minerals, and carbohydrates. This market is expected to experience exponential growth due to the high-speed production capabilities of SCP ingredients, which can multiply biomass rapidly compared to traditional plant and animal sources.

Sustainable Innovations in Aquaculture
Asia, particularly countries like China, India, Indonesia, Vietnam, and Bangladesh, holds lucrative opportunities in the single cell protein market. These countries collectively produce a significant portion of the world's aquaculture output. Projects like Calysseo's FeedKindยฎ single-cell protein are enhancing regional food safety and sustainability by producing alternative bio-protein feed ingredients. These innovations support the growing trend of biotechnology investments aimed at meeting the demands of a rapidly increasing population.

๐—–๐—น๐—ถ๐—ฐ๐—ธ ๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜๐—ผ ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฟ๐—ฒ๐—ต๐—ฒ๐—ป๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ถ๐—ป ๐—ณ๐˜‚๐—น๐—น ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น - https://www.transparencymarketresearch.com/single-cell-protein-market.html

Consumer Trends and Market Potential
In Malaysia, the single cell protein market was valued at approximately US$9.7 million in 2020 and is expected to reach US$24.5 million by 2030. Vietnam's market is also growing, with projections to cross US$69.4 million by the end of 2030. The rising complexity of consumer dynamics, driven by professional and personal commitments, along with a stressful lifestyle, is pushing consumers towards convenient and nutritious supplements. Single cell protein supplements, which are easy to carry and consume, are appealing to these consumers.

The Role of SCP in Animal Feed
Single cell protein is proving to be a suitable and economical alternative for animal feed, supporting the integrated food chain. It provides essential nutrients for livestock, helping farmers meet the increasing demand for animal products like eggs, meat, and milk. SCP is used in fodder to fatten pigs, calves, and in fish breeding, offering a solution to protein deficiency in animals and contributing to increased profits for farmers.

Research and Development Driving Innovation
Constant research and development are crucial for the single cell protein market. Manufacturers are focusing on developing innovative products to expand SCP applications in human food. Companies like Lallemand Inc. are investing in research to develop microbial products and collaborating with universities to advance their offerings.

๐—•๐˜‚๐˜† ๐˜๐—ต๐—ถ๐˜€ ๐—ฃ๐—ฟ๐—ฒ๐—บ๐—ถ๐˜‚๐—บ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ | ๐—œ๐—บ๐—บ๐—ฒ๐—ฑ๐—ถ๐—ฎ๐˜๐—ฒ ๐——๐—ฒ๐—น๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐—”๐˜ƒ๐—ฎ๐—ถ๐—น๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฎ๐˜ - https://www.transparencymarketresearch.com/checkout.php?rep_id=32618<ype=S

Strategic Market Expansion
Manufacturers are investing in R&D and advanced technology to develop new SCP products and expand their market presence. Strategic partnerships and expansion into new regions are helping companies diversify their product portfolios and strengthen their global presence.

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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