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Single Cell Protein Market size was valued at around USD 13.1 billion in 2022 and is estimated to reach USD 75.9 billion by 2032. As the world's population continues to increase, there is an increasing demand for protein-rich foods.
Single Cell Protein can be used as an alternative protein source to meet the dietary protein requirements of a growing population. The aforementioned factors are therefore expected to accelerate market expansion in the upcoming years. The rise in vegetarianism, veganism, and flexitarian diets has boosted the demand for plant-based and alternative protein sources, including Single Cell Protein.
Report Attribute | Details |
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Base Year: | 2022 |
Single Cell Protein Market Size in 2022: | USD 13.1 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 19.4% |
2032 Value Projection: | USD 75.9 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 137 |
Segments covered: | Source, Application, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Concerns about the environmental impact of traditional livestock farming, such as land use, water consumption, and greenhouse gas emissions, have led to a growing interest in sustainable protein sources like Single Cell Protein. SCP production typically has a lower environmental footprint compared to animal agriculture.
One of the significant challenges is the consumer acceptance and perception of Single Cell Protein as a food source. SCP products may not always match the taste and texture of traditional protein sources like meat. Regulatory agencies in various countries have specific guidelines and regulations for novel food ingredients, including SCP. Thus, the risks associated with Single cell protein may drive down the acceptance rate, further hampering the business expansion.
Like many industries, the SCP market faced disruptions in supply chains due to lockdowns, transportation restrictions, and labor shortages. The pandemic highlighted the importance of sustainable food production. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the market growth in the upcoming years.
There was a growing awareness of the environmental impact of conventional animal agriculture, leading to increased interest in sustainable protein sources like SCP. Consumers and businesses were seeking environmentally friendly alternatives. The SCP market was benefiting from the broader trend toward plant-based and alternative proteins. SCP can be incorporated into a wide range of plant-based products, including meat substitutes, dairy alternatives, and snacks. Thus, the growing prevalence is expected to expedite the market progress.
Based on source, the single cell protein market is segmented as Bacteria, Yeast, Algae {Chlorella, Spirulina, Haematococcus, Others}, Fungi. Yeast held a majority market value of USD 4.6 billion in 2022. Yeast-derived SCP is commonly used in the food and beverage industry for various applications, including flavor enhancement, protein fortification, and fermentation processes for food production. Moreover, an increasing usage will further accelerate the segment trends.
Based on application, the single cell protein market is segmented as Food And Beverages {Meat Analogs, Bakery, Dairy Alternatives, Cereals & Snacks, Beverages, Others} Animal Feed {Poultry[Broiler, Layer, Turkey, Others], Swine[Starter, Grower, Sow], Cattle [Dairy, Calf], Aquaculture [Salmon, Trout, Shrimp, Carp, Others], Pet Food [Dogs, Cats, Birds, Fish], Equine, Others}, Dietary Supplements, Others. Food and beverages held a dominant market share of around 75% in 2022 and is expected to grow at a lucrative pace by 2032. SCP is considered a sustainable protein source, which aligns with the growing consumer and industry focus on sustainability in food production.
U.S. single cell protein market exceeded USD 1.9 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North America has witnessed a significant surge in the popularity of plant-based diets and alternative protein sources. SCP can be used in plant-based meat alternatives, dairy-free products, and protein-enriched snacks, catering to consumers seeking healthier and more sustainable protein options. Thus, the above-mentioned variables would augment the Single cell protein business growth in the North America positively.
Some of the major market players operating in the single cell protein industry are:
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
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Market, By Source
Market, By Application
The above information is provided for the following regions and countries: