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Single Cell Protein Market Trends

Report ID: GMI5345
Published Date: Oct 2023
Report Format: PDF

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Single cell protein Market Trends

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Single cell protein industry size was USD 13.1 billion in 2022 and may reach USD 75.9 billion by the end of 2032 due to the increasing demand for protein-rich foods worldwide.

Single cell protein industry size from the yeast source segment recorded USD 4.6 billion in 2022 driven by higher adoption across the food and beverage sector for flavor enhancement, protein fortification, and fermentation processes.

U.S. single cell protein industry size was USD 1.9 billion in 2022 and is anticipated to expand at significant pace from 2023-2032 due to the surging popularity of plant-based diets and alternative protein sources.

Some of the major single cell protein firms are Novozymes, Nutreco N.V., Archer Daniels Midland Company (ADM), Lallemand Inc., Alltech, DuPont (Danisco), Calysta, Inc., Lesaffre, Evonik Industries, CJ CheilJedang Corporation, Unibio, Protix, FermBiotics, and Solar Foods.