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Emerging Trends Influencing The Growth Of The Protein Extracts From Single Cell Protein And Other Conventional Sources Market: Advancements In Biomass Fermentation For Protein Extraction
Protein Extracts From Single Cell Protein And Other Conventional Sources
How Big Is the Protein Extracts From Single Cell Protein And Other Conventional Sources Market Size Expected to Be by 2034?
The protein extracts from single-cell protein and other conventional sources market has expanded rapidly in recent years. It will grow from $25.76 billion in 2024 to $28.5 billion in 2025, reflecting a CAGR of 10.7%. The growth can be attributed to factors such as population growth, environmental concerns, resource scarcity, food security, and environmental impact.
The protein extracts from single-cell protein and other conventional sources market is anticipated to grow rapidly, reaching $42.13 billion by 2029 at a CAGR of 10.3%. The growth is fueled by increasing health consciousness, sustainability concerns, regulatory support, and a shift in consumer preferences. Trends include growth in the single-cell protein industry, nutritional enhancement, personalized nutrition, collaboration and partnerships, and technological advancements.
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What Are the Emerging Segments Within the Protein Extracts From Single Cell Protein And Other Conventional Sources Market?
The protein extracts from single cell protein and other conventional sources market covered in this report is segmented -
1) By Source: Plant Protein Extract Sources, Microbial Sources - Single Cell Proteins, Microbial Sources - Direct Use
2) By Feedstock: Organic, Conventional
3) By Application: Biotechnology, Animal Feed, Agriculture And Fertilizers, Other Applications
Subsegments:
1) By Plant Protein Extract Sources: Soy Protein Extracts, Pea Protein Extracts, Rice Protein Extracts, Hemp Protein Extracts, Wheat Protein Extracts, Chickpea Protein Extracts, Potato Protein Extracts, Algae Protein Extracts, Other Plant-Based Protein Extracts
2) By Microbial Sources - Single Cell Proteins: Yeast-Based Proteins, Bacterial Proteins, Fungal Proteins, Algal Proteins, Protozoan Proteins, Other Single-cell Proteins
3) By Microbial Sources - Direct Use: Bacterial Protein Extracts, Fungal Protein Extracts, Algal Protein Extracts, Bacteriophage Proteins, Enzyme-Based Proteins
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What Long-Term Drivers Are Shaping Protein Extracts From Single Cell Protein And Other Conventional Sources Market Trends?
The rising demand for plant-based protein sources is expected to boost the growth of protein extracts from single-cell protein and other conventional sources. As consumers seek alternative protein options due to sustainability and health concerns, plant-based proteins and protein extracts from single-cell sources are gaining popularity. The Good Food Institute reported in April 2023 that global retail sales of plant-based meat and seafood reached $6.1 billion in 2022, indicating the growth of this sector.
Who Are the Top Competitors in Key Protein Extracts From Single Cell Protein And Other Conventional Sources Market Segments?
Major companies operating in the protein extracts from single cell protein and other conventional sources market are Cargill Incorporated, The Archer-Daniels-Midland Company, BASF SE, DuPont de Nemours Inc., International Flavors & Fragrances Inc., Koninklijke DSM N.V., Ajinomoto Co. Inc., Kerry Group plc, Ingredion Inc., Lonza Group AG, Glanbia plc, Symrise AG, Roquette Frères, Novozymes A/S, Ashland Global Holdings Inc., Bioproton Pty Ltd., CP Kelco ApS, Omega Protein Corporation, Axiom Foods, Fermentalg SA, Cellana LLC
What Trends Are Expected to Dominate the Protein Extracts From Single Cell Protein And Other Conventional Sources Market in the Next 5 Years?
Companies in the market for protein extracts from single-cell protein and other conventional sources are focusing on developing rapid production processes using biomass fermentation technology. This technology is used to cultivate microorganisms and convert organic matter into protein-rich biomass. In November 2023, MicroHarvest GmbH, a Germany-based biotechnology company, opened a pilot plant in Lisbon to accelerate the commercialization of its single-cell protein ingredients. This plant produces sustainable, high-quality protein ingredients using biomass fermentation within 24 hours.
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Which Regions Are Becoming Hubs for Protein Extracts From Single Cell Protein And Other Conventional Sources Market Innovation?
North America was the largest region in the protein extracts from single cell protein and other conventional sources market in 2024. The regions covered in the protein extracts from single cell protein and other conventional sources market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Protein Extracts From Single Cell Protein And Other Conventional Sources Market?
2. What is the CAGR expected in the Protein Extracts From Single Cell Protein And Other Conventional Sources Market?
3. What Are the Key Innovations Transforming the Protein Extracts From Single Cell Protein And Other Conventional Sources Industry?
4. Which Region Is Leading the Protein Extracts From Single Cell Protein And Other Conventional Sources Market?
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