Single-Cell Protein Market: Insights
With continuous rise in the global population, the demand for food is also increasing at a rapid pace. Also, the global shortage of food and feed has prompted researchers to look for means to improve protein production. Single-Cell Protein is dehydrated microbial cell cultures or extracted from pure or mixed cultures of algae, yeast, fungi, and bacteria. They can be used as a feed and protein supplement with yeast and bacteria—the most acceptable microorganisms for Single-Cell Protein. Production of Single-Cell Protein is carried out by utilizing waste materials such as wood cuttings, crumbs, waste from food processing, remnants from alcohols manufacturing process, hydrocarbons, or animal and human feces. Since, Single-Cell Proteins have a high nutritional value due to their high vitamin, essential amino acid and lipid content, they are highly utilized as the important source of protein for humans and animals. The global Single-Cell Protein market is expected to witness considerable growth in the near future attributable to the growing demand for food supplements as a result of increasing number of malnourished population.
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Single-Cell Proteins have applications in food as the important source of protein, vitamin, and to improve the nutritive value of several foods including baked products, soups, ready-to-serve-meals, in diet recipes and others, while in animal nutrition they are widely used for fattening calves, poultry, pigs and fish breeding. Apart from this, Single-Cell Protein also finds application in paper processing, leather processing and as foam stabilizers.
Single-Cell Protein Market: Regional Outlook
On the basis of geography, the global Single-Cell Protein market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and the Middle East and Africa. North America and Western Europe are expected to have significant revenue shares in the global Single-Cell Protein market over the forecast period as changing lifestyle and increasing demand for value-added food products have increased the consumption of food with additional nutritional value in the regions. Asia Pacific and Middle East are expected to create significant growth opportunities in the overall Single-Cell Proteins market over the forecast period.
Single-Cell Protein Market: Drivers and Trends
Increasing number of malnourished population across the globe is expected to drive the growth of the market for Single-Cell Protein over the forecast period. The data from the UNICEF states that globally half of the deaths in children under age five years are due to malnutrition or under nutrition. For example, between 2010 and 2016, 35.8% of the global children population in South Asia was under nutrition followed by 34.5% in Eastern and Southern Africa as per the data revealed by the UNICEF. This is increasing the demand for protein-rich food across the globe thus contributing to the growth of the global Single-Cell Protein market over the forecast period. Besides, as an important source of protein, Single-Cell Proteins have huge potential to satisfy the global shortage of food with increasing population. The global market for Single-Cell Protein is expected to depict considerable growth during the forecast period attributable to increasing world protein deficiency. Single-Cell Protein is used as a health food to control obesity and lower the sugar content in diabetic patients. Furthermore, the growing demand for protein-rich foods globally has led to development of alternative protein sources to supplement the conventional protein sources in animal feed and human food.
Single-Cell Protein Market: Market Players
The key players in single-cell protein market are Charoen Pokphand Food PCL, Novus International, BEC Feed Solutions Pty Ltd, Church & Dwight Co., Inc, BioProcess Algae, LLC, Calysta, Inc. Unibio A/S, Devenish Nutrition Limited, Biomin Holding GmbH, Evonik Industries AG, Nutreco N.V., Lallemand Inc., Alltech Inc., Willow Ingredients Limited, Angel Yeast Co. Ltd. The company is focusing on business expansion through expanding their production capacities.
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Single-Cell Protein Market: Key Market Developments:
In May 2017, Angel launched a wholly new semi-dry yeast in a tetra pack form. It is hygienic and easy to use, as it has a reusable top opening. Semi dry yeast is granule shaped with round 20% moisture, and possesses the characteristics of both, fresh and dry yeast.
In September 2016, Angel Animal Nutrition launched a new product called GroPro in an exhibition, which is a feed ingredient derived from yeast. It contains the proteins necessary for the development of young animals.
In May 2017, Alltech Inc. acquired Westfeeds, which is a leading animal nutrition company that provides high quality animal nutrition products. This acquisition also includes manufacturing facilities as well as outlets.
Brief Approach to Research:
A modelling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of product segments included in this study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of the value generated over a pre-defined period. Statistics and data are collected at a regional level and consolidated & synthesised at a global scale to estimate the overall market sizes.
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