Single Cell Protein Market Is Fueling Growth At the value of USD 45.0 Billion by 2030 Driven by 16.9% CAGR

Richmond, United States, 2024-Apr-11 — /EPR Network/ —

In 2023, the Single Cell Protein market reached a valuation of USD 15.1 Billion. Projections suggest a significant increase to USD 45.0 Billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 16.9% during the forecast period spanning from 2023 to 2030.

The Single Cell Protein (SCP) Market represents a frontier of nutritional innovation, offering sustainable and versatile protein sources derived from microorganisms. With the increasing global demand for protein, coupled with environmental concerns and resource constraints, SCP presents a promising solution to address food security challenges while reducing the environmental footprint of protein production. In this blog, we explore the significance, innovations, and transformative potential of the Single Cell Protein Market, shedding light on its role in revolutionizing the future of food production and sustainability.

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Major vendors in the global single cell protein market:

  • Lallemand Inc.
  • NOVUS International
  • Evonik Industries AG
  • AngelYeast Co., Ltd.
  • Unibio A/S
  • Calysta, Inc.
  • Devenish Nutrition, LLC.
  • Alltech, Inc.
  • BIOMIN Holding GmbH
  • Parry Nutraceuticals
  • Other

Key Trends and Innovations:

  • Diversification of Feedstock and Production Methods: The SCP Market is witnessing diversification in feedstock selection and production methods to optimize protein yield, quality, and cost-effectiveness. Advances in biotechnology, genetic engineering, and fermentation technologies enable the use of diverse feedstocks such as agricultural residues, industrial by-products, and wastewater nutrients as substrates for SCP production, expanding the range of viable raw materials and reducing reliance on traditional protein sources such as soybean and fishmeal.
  • Functional and Nutritional Enhancement: SCP manufacturers are focusing on enhancing the functional and nutritional properties of single cell proteins to meet specific application requirements and consumer preferences. Through strain selection, genetic modification, and process optimization, SCP can be tailored to provide essential amino acids, vitamins, minerals, and bioactive compounds, offering potential health benefits and functional attributes in food, feed, and pharmaceutical products.
  • Sustainable and Circular Economy Practices: Sustainability is a key driver shaping the evolution of the SCP Market, with a focus on minimizing environmental impact, promoting resource efficiency, and fostering circular economy practices. SCP production utilizes fewer land, water, and energy resources compared to traditional livestock farming, while also reducing greenhouse gas emissions, deforestation, and biodiversity loss associated with conventional agriculture. By upcycling organic waste streams and industrial by-products, SCP contributes to a more sustainable and regenerative food system, aligning with global sustainability goals and consumer demand for eco-friendly protein sources.
  • Market Expansion and Consumer Acceptance: The SCP Market is experiencing growing interest and investment from food manufacturers, feed producers, and alternative protein companies seeking innovative and sustainable protein solutions. With increasing consumer awareness of environmental and health concerns associated with conventional protein sources, there is a growing market opportunity for SCP-derived food products, functional ingredients, and animal feeds that offer nutritional benefits, taste, and sustainability credentials.

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Segmentations Analysis of Single Cell Protein Market: – 

  • By Species         
    • Yeast
    • Fungi
    • Bacteria
    • Algae
  • By Application 
    • Food & Beverages
      • Fortified Foods
      • Fortified Beverages
    • Animal Feed & Pet Food
      • Poultry Feed
      • Fish Feed
      • Livestock Feed
    • Dietary Supplement
    • Others
  • By Region
    • North America
      • US
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
      • Chile
      • Peru
      • Rest of Latin America
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • BENELUX
      • CIS & Russia
      • Nordics
      • Austria
      • Poland
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Thailand
      • Indonesia
      • Malaysia
      • Vietnam
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Nigeria
      • Egypt
      • Israel
      • Turkey
      • Rest of Middle East & Africa

Recent Developments

  • In September 2023, a new single-cell protein (SCP) that DSM-Firmenich has created is said by the company to have the ability to produce proteins with net-zero carbon content.

Market Potential and Opportunities:

The Single Cell Protein Market presents significant opportunities for innovation, collaboration, and market growth as stakeholders across the food, feed, and biotechnology sectors seek to capitalize on the potential of SCP as a sustainable protein source. Key opportunities include scaling up production capacity to meet rising demand, expanding product portfolios to target diverse end markets and applications, and leveraging technological advancements to improve protein quality, functionality, and cost competitiveness. Additionally, there is growing interest in regulatory frameworks, certifications, and labeling standards to ensure the safety, quality, and transparency of SCP-derived products and foster consumer confidence and acceptance.

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Conclusion:

In conclusion, the Single Cell Protein Market holds immense promise as a sustainable and scalable solution to address global protein demand while mitigating the environmental impact of food production. By harnessing technological innovation, embracing circular economy principles, and promoting collaboration across sectors, the SCP Market can contribute to building a more resilient, efficient, and sustainable food system for future generations. As SCP continues to gain traction and recognition as a viable protein alternative, it is poised to play a significant role in shaping the future of food production, nutrition, and sustainability on a global scale.

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