Global Single Cell Protein Market

Single Cell Protein Market Size, Share, Growth Analysis, By Type(Bacteria, yeast), By Applications(Animal feed, food and beverages) - Industry Forecast 2024-2031

Report ID: SQMIG35H2186 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 64 | Figures: 75

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Single Cell Protein Market size was valued at USD 9.50 billion in 2022 and is poised to grow from USD 10.36 billion in 2023 to USD 20.63 billion by 2031, at a CAGR of 9.0% during the forecast period (2024-2031).

The single-cell protein market is characterized by intense competition among key players striving for innovation and market expansion. Established companies like Solar Foods, NovoNutrients, and Calysta lead with novel microbial protein production technologies. Meanwhile, emerging startups such as Biotech Foods, and Deep Branch Biotechnology challenge the status quo with sustainable and scalable approaches. This landscape is driven by growing demand for alternative protein sources due to environmental and resource constraints. Research investments, partnerships, and product diversification are pivotal strategies, as companies aim to capitalize on the surging interest in single-cell protein for both human and animal consumption. 'Solar Foods (Finland)', 'Biomin (Austria)', 'Novozymes (Denmark)', 'Lallemand (Canada)', 'Evonik Industries (Germany)', 'Unibio (Denmark)', 'FermBiotics (India)', 'DSM (Netherlands)', 'Calysta (USA)', 'NIZO (Netherlands)', 'AlgaeCytes (UK)', 'Algenuity (UK)', 'KnipBio (USA)', 'Deep Branch Biotechnology (UK)', 'Ynsect (France)', 'Kemin Industries (USA)', 'Protifarm (Netherlands)', 'Arbiom (USA)', 'Veramaris (Netherlands)', 'BlueNalu (USA)'

The population continues to increase, driving higher demand for food and protein sources. Single-cell protein offers a potential solution to meet this demand due to its efficiency in resource utilization and relatively rapid production compared to traditional livestock farming.

Rise in Alternative Protein Sources: With concerns about the environmental impact of traditional livestock farming and the increasing demand for protein, there has been a growing interest in alternative protein sources. Single-cell proteins, which can be produced from various microorganisms such as bacteria, yeast, fungi, and algae, offer a sustainable solution. These proteins can be efficiently cultivated using minimal resources and have a lower environmental footprint compared to conventional animal protein production.

North America and Europe were among the largest markets for single-cell protein, primarily driven by the advanced research and development infrastructure and the growing awareness of sustainability issues. However, the Asia-Pacific region, with its large and rapidly growing population, was seen as one of the fastest-growing markets for single-cell protein due to the increasing demand for protein-rich foods.

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