The global Protein Extracts from Single Cell Protein and Other Conventional Sources market size is expected to be worth around US$ 36.3 billion by 2030, according to a new report by Vision Research Reports.
The global Protein Extracts from Single Cell Protein and Other Conventional Sources market size was valued at US$ 22,685.7 million in 2020 and is anticipated to grow at a CAGR of 18.4% during forecast period 2021 to 2030.
Growth Factors
the market is expected to be driven by rising investments in the animal feed industry to cater to rising demand for cattle feed.
India ranks first with respect to cattle inventory, with demand for cattle inventory constantly increasing in U.S. This is driving demand for animal feed and protein extracts from different sources. In U.S., approximately 12.0% of the cattle inventory falls under drought area. This percentage was approximately 73.0% and 26.0% in 2013 and 2008, respectively.
Furthermore, the combination of genetic engineering techniques to produce proteins and attain better expression levels is expected to boost this market. These genetic modifications aid in increasing nutraceutical value of the biomass product either by increasing amino acid composition or by optimization of other biomolecules present in the product. Moreover, there are a number of methods for the removal of ribonucleic acid (RNA) from extracted protein, another factor likely to impact market growth.
Key drivers attributing to the market expansion include growing demand for food and feed that has low-fat concentration and optimal amino acid composition.
Furthermore, demand for the products that can be manufactured using ethically sustainable production is anticipated to drive progress in this sector over the forecast period. Although, soy-derived products enjoy the success of proactively positioning as a sustainable source of protein, higher preference to the functional role than the nutritional role is projected to drive R&D.
Report Highlights
Plant extracts accounted for the largest revenue share in 2016 owing to the highest usage of these products in the food as well as animal feed. The presence of a large number of methods for the extraction of plant proteins is anticipated to result in the dominance of this segment in the coming years.
Food grade substrates are usually employed for the production of SCP for human consumption, however, there are other processes under the phase of development for SCP production from inexpensive waste materials. The waste material sources include forestry, agricultural sources, and food & beverage processing industries. Moreover, the availability of a substantial number of SCPs in the market that is used as a high protein source for animal feed has resulted in a significant share of this segment. Furthermore, developments continue to take place in and these developments are expected to maintain the growth of SCP extract throughout the forecast period.
For instance, in August 2014, ProFloc, a new SCP, was developed by Nutrinsic from food and beverage nutrients for animal health. This product was developed as a sustainable substitute for other animal and plant originated products, and can replace any animal or vegetable source in animal nutrition applications.
Bacteria have been majorly used as SCPs over the past years and this usage rate is anticipated to grow during the forecast period. Bacterial SCP generally contains 50-80% protein on a dry weight basis. Methionine content in bacterial SCP is observed to be more than algal or fungal proteins. This segment continues to witness development concerning production capabilities, which in turn, is expected to enhance the production of bacteria-based SCPs.
Protein plays a pivotal role in various fields of biotechnology including pharmacy, cell cultivation, nutraceuticals, and cosmetics. Companies involved in the manufacture of nutraceuticals and cosmetics are observed to be the major beneficiaries. This can be attributed to the availability of a substantial number of sources that can be employed within the nutraceuticals and cosmetics industry.
Peptide drugs are the fastest-growing drug class in the pharmaceutical industry. This can be attributed to the rapid technological advances that have significantly accelerated protein production. Besides, several studies have been conducted for protein isolation from plants and their applications in medicinal use.
North America accounted for the major share in 2016. The introduction of mature biotechnology techniques, coupled with the presence of major firms operating in this region, is driving regional growth. The U.S.-based companies like Cyanotech Corporation, Nucelis, and KnipBio have contributed to the major share in the global SCPs market. These companies are recognized as prominent producers of SCP and have contributed to major revenue generation through sales of their products such as Spirulina (Cyanotech Corporation).
However, Asia Pacific is expected to emerge as the lucratively growing region as the countries are undertaking efforts to enhance their share in the global animal feed industry. For instance, in 2016, Vietnam, with 21% growth over the past year, entered the list of top 15 Asian feed-producing countries. Furthermore, although China sustained its position as the top feed-producing country with 187.20 million metric tons, India, Japan, Pakistan, and Vietnam have also been observed to have made significant contributions to the Asian market.
KnipBio; BlueBioTech Int. GmbH; Lallemand Inc; Marlow Foods Limited are some key players operating in this market. Tangshan Top Biotechnology Co., Ltd; XIAMEN HYFINE GELATIN CO., LTD are few of the emerging entities.
Companies are undertaking viable strategies to enhance their market position as animal feed producers such as facility expansion and strategic alliances with other players. For instance, in September 2015, Nutreco established a new animal nutrition plant in East Java, Indonesia as a part of its growth plan for the Asian market. In the same year, it also opened a premix plant in Vietnam. Both facility expansions were aimed at enhancing the company’s growth in this sector.
Key Players
KnipBio; BlueBioTech Int. GmbH; Lallemand Inc; Marlow Foods Limited are some key players operating in this market. Tangshan Top Biotechnology Co., Ltd; XIAMEN HYFINE GELATIN CO., LTD
Market Segmentation
Source Outlook
Plant Protein Extract Sources
Microbial Sources - Single Cell Proteins
Microbial Sources - Direct Use
Application Outlook
Biotechnology
Pharma
Cell Culture media
Others
Animal Feed
Animal feed by sources
Plant Protein Extract Sources
Microbial Sources - Single Cell Proteins
Bacteria
Yeast
Algae
Fungi
Microbial Sources - Direct Use
Animal feed by grades
Concentrates
Isolates
Hydrolysates
Animal feed by animal type
Livestock
Poultry
Pig
Cattle
Other Livestock
Fish Feed
Companion/Pet Animals
Agriculture & Fertilizers
Others
Regional Outlook
North America
The U.S.
Canada
Europe
Germany
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East & Africa
South Africa
The Protein Extracts from Single Cell Protein and Other Conventional Sources market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Protein Extracts from Single Cell Protein and Other Conventional Sources market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Protein Extracts from Single Cell Protein and Other Conventional Sources market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Protein Extracts from Single Cell Protein and Other Conventional Sources market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Protein Extracts from Single Cell Protein and Other Conventional Sources market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Protein Extracts from Single Cell Protein and Other Conventional Sources capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Protein Extracts from Single Cell Protein and Other Conventional Sources by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Protein Extracts from Single Cell Protein and Other Conventional Sources market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Protein Extracts from Single Cell Protein and Other Conventional Sources market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Protein Extracts from Single Cell Protein and Other Conventional Sources market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Protein Extracts from Single Cell Protein and Other Conventional Sources industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Protein Extracts from Single Cell Protein and Other Conventional Sources market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Protein Extracts from Single Cell Protein and Other Conventional Sources market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Protein Extracts from Single Cell Protein and Other Conventional Sources market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Protein Extracts from Single Cell Protein and Other Conventional Sources market. These factors have benefited the growth of the global market for Protein Extracts from Single Cell Protein and Other Conventional Sources. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Protein Extracts from Single Cell Protein and Other Conventional Sources. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Protein Extracts from Single Cell Protein and Other Conventional Sources are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers