Single Cell Protein Products Market By Species(Yeast, Fungi, Bacteria, Algae) By Application (Food and beverages, Animal feed and pet food, Dietary supplement, Others) By Source Type (Yeast, Fungi, Algae, Bacteria, Others) – Growth, Future Prospects and Competitive Analysis, 2016 – 2028

What is the market overview of Single Cell Protein Products?

Single-cell protein is produced with the help of plant-based or animal-based biomass. It uses different waste materials such as waste from food processing, animal and human feces, and remnants from the alcohol manufacturing process. Since single-cell proteins are highly nutritious as compared to their counterparts due to the presence of essential amino acids and high vitamin and lipid content, they are widely used as a critical source of protein for animals and humans. Therefore, the global single-cell protein products market is expected to experience significant growth due to the increasing demand for food supplements due to increasing food demand among humans and animals.

single-cell-protein-products-market

What is the Market Size of Single Cell Protein Products in Value?

The global Single Cell Protein Products Market is projected to increase at a significant CAGR of 8.7% in the coming years. In 2021, the global rapeseed oil market was valued at USD 98.3 billion and is projected to reach at Value of USD 162.2 billion by 2028. Therefore, the demand for single-cell protein products is projected to increase substantially in the coming years and is presumed to generate revenue opportunities for the key industry players worth USD 63.9 billion during the forecast period between 2022 and 2028.

Interesting Facts about Single Cell Protein Products Industry

  • The top 5 single-cell protein product countries are China, the US, Germany, Russia, and France.
  • Individuals' growing health consciousness and the growing demand for single-cell protein products across different end-use industries such as dietary supplements, food and beverages are driving the market forward.
  • The presence of high nucleic acids and poor digestibility in single-cell protein products are projected to hinder the growth of the single-cell protein products market. 
  • The Asia-Pacific region had a significant share in terms of volume and Value in the global single-cell protein products market in 2021 and is projected to continue its dominance over the forecast period.
  • Animal feed and pet food to witness high growth during the forecast period due to increased awareness for high protein content food among consumers across the globe.

Who are the Top 10 players/companies in the rapeseed oil market in terms of Value and volume?

The major players in the single cell protein products market in terms of Value and volume include Lallemand Inc., Evonik Industries AG, AngelYeast Co., Ltd., NOVUS International, Unibio A/S, Calysta, Inc., Devenish Nutrition, LLC, Alltech, Inc., BIOMIN Holding GmbH and Parry Nutraceuticals, among others. These major players are concentrating on new product developments as well as technological innovation to enhance their production of single-cell protein products to gain competitive market share at a global level. Moreover, regional and country-level players are investing heavily to expand their product portfolio and enhance their sales.

Who are the Top 10 Countries in the Rapeseed Oil Market?

The major global single cell protein product market countries are China, Canada, the U.K., India, the U.S., Germany, Belgium, the Netherlands, France, Russia, and Norway. China is the world's largest consumer and producer of single-cell protein, with a significant volume share in the global market in 2021. Moreover, the market in developed countries is driven by increased demand for protein-rich food for different applications and the growing health consciousness among consumers. Besides, the single-cell protein products market in developing countries like India is projected to witness significant growth in the coming year. 

Which is the Key Application Area in the Single Cell Protein Products Market?

Single-cell protein applications include animal feed, pet food, and dietary supplements. The growing demand for single cell protein as a functional ingredient for the preparation of numerous food products such as protein supplements for humans and different animal feed products due to high protein content is driving the demand for single cell protein products. Moreover, the increased use of single-cell protein in food and beverages and other industries further drives the market's growth over the forecast period.

In addition, the increased demand for single cell protein to manufacture food products on account of its ability to maintain consistency in different environmental conditions. 

What are the Major Driving Factors for Single Cell Protein Products Market?

The primary driver for the growth of the single cell protein products market over the forecast period is changing eating habits, such as the increased use of protein-rich foods and increased health consciousness among consumers. In addition, single-cell protein products also have high protein content in the range of 43-85% in dry mass, promoting the use of single-cell protein products. Moreover, the single-cell protein products maintain consistent quality in different environmental conditions, further enhancing the market demand over the forecast period. Lastly, other raw materials, including waste products, can be used to manufacture single-cell protein. Hence, the usage of single cell protein is expected to increase for different applications such as food and beverages, dietary supplements, animal feed, and pet food.

What are the Major Restraints for Single Cell Protein Products Market?

The key restraint of the global single cell protein products market, which is projected to hamper the market growth, is a large amount of nucleic acid in biomass used for producing single cell protein products makes it difficult for consumption as it may lead to gastrointestinal problems for end consumers. 

Which Region Dominated the World Single Cell Protein Products Market?

In 2021, Asia Pacific dominated the global single cell protein products market and accounted for the significant market revenue share in Value and volume. This is due to the high consumption of food and beverages and dietary supplements in the regional market because of the large population and food demand. Furthermore, rising health consciousness among consumers in developing economies like India and China is expected to drive regional growth in the coming years. Therefore, in the Asia Pacific single cell protein products market, China accounted for a significant share due to China being on top of local demand in 2021. 

However, due to increased demand for dietary supplements and improved government regulations for healthy food in this region, Europe and North America are expected to see significant growth in the coming years. In addition, the growing demand for single cell protein products among consumers on account of a healthy lifestyle and increased consumption of single cell protein products by food processing companies to further drive the growth of the single cell protein products market in North America and Europe.

Segmentation of Global Single-Cell Protein Products Market-

Global Single-Cell Protein Products Market – By Species

  • Yeast
  • Fungi
  • Bacteria
  • Algae

Global Single-Cell Protein Products Market – By Application

  • Food and beverages
  • Animal feed and pet food
  • Dietary supplement
  • Others

Frequently asked questions about the global single cell protein products industry

Single cell protein products market was positively affected due to Covid-19 as the demand for protein supplements and food and beverages increased during the Covid-19 pandemic.

The Asia Pacific accounted for the highest share in the global single cell protein products market in terms of value and volume.

The increased health consciousness among consumers worldwide and growing demand for protein-rich food products across different applications are the major factors driving the market's growth.

Yeast is the most common species for producing single-cell protein products as it can be easily cultivated on any carbon source.

Food and beverage industry had a significant share in the global market in 2021 and is projected to continue its dominance over the forecast period.

Single Cell Protein Products Market Scope

Report Attribute Details
Market Value in 2021 USD 98.3 billion
Market Value in 2028 USD 162.2 billion
CAGR 8.7%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Published Date:  Aug 2022
Category:  Pharmaceuticals
Report ID:   58882
Report Format:   PDF
Pages:   180
Rating:    4.8 (80)
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