|
Forecast
Period
|
2025-2029
|
|
Market
Size (2023)
|
USD
20.33 Billion
|
|
Market
Size (2029)
|
USD
30.79 Billion
|
|
CAGR
(2024-2029)
|
7.12%
|
|
Fastest
Growing Segment
|
Biotechnology
|
|
Largest
Market
|
North
America
|
Market Overview
Global
Protein Extracts From Single Cell Protein And Other Conventional Sources Market was valued at USD 20.33 billion in 2023 and is anticipated to project impressive
growth in the forecast period with a CAGR of 7.12% through 2029. In the realm
of business, the main factors contributing to the growth of the market are the
increasing need for low-fat, high-quality amino acid content in food and feed
products. Additionally, there is a rising demand for goods produced through
ethically sustainable methods, which is expected to propel advancements in this
industry in the foreseeable future. While products derived from soy have
successfully positioned themselves as a sustainable protein source, the focus
on their functional attributes rather than their nutritional aspects is
projected to be a primary driver for research and development efforts.
Key Market Drivers
Rising
Global Population and Urbanization
The
world is undergoing a remarkable transformation, with two pivotal trends
shaping our future - rising global population and urbanization. As our planet
becomes increasingly crowded and more people migrate to urban centers, these
dynamics are driving significant changes in various industries, particularly in
the realm of food and nutrition. One sector that is poised to benefit immensely
from these shifts is the Global Protein Extracts Market, encompassing both
Single Cell Protein (SCP) and conventional protein sources.
The
world's population is on an upward trajectory, and this is expected to continue
for the foreseeable future. According to the United Nations, the global
population is projected to reach 9.7 billion by 2050. With more mouths to feed,
the demand for protein-rich food is on the rise. Concurrently, urbanization is
an unceasing trend. More people are moving from rural areas to cities in search
of economic opportunities and better living standards. This mass migration to
urban centers is changing dietary habits, lifestyles, and food consumption
patterns.
Urbanization
is synonymous with fast-paced lifestyles, often leaving little time for
traditional meal preparation. Consequently, there's a growing demand for
convenient and quick sources of protein, such as protein-rich snacks and
ready-to-eat meals. Protein extracts, particularly those derived from
single-cell sources, can be incorporated into a wide range of products,
including energy bars, protein shakes, and instant meals. These products cater
to the urban consumer's need for on-the-go nutrition.
The
rising global population has put immense pressure on our planet's resources.
Traditional protein sources like livestock require vast amounts of land, water,
and feed to meet the increasing demand. As urbanization continues, the need for
more sustainable and resource-efficient protein options becomes apparent. Single
Cell Protein (SCP), which can be cultivated in controlled environments using
minimal resources, is emerging as a sustainable solution. Its scalability and
low environmental impact make it an attractive choice for urbanized areas with
limited resources for agriculture. Moreover, SCP production can be set up close
to urban centers, reducing the carbon footprint associated with long-distance
food transportation.
Urban
areas are often hubs of diverse cultures and dietary preferences. As people
from different backgrounds come together, there's an increased demand for
protein options that accommodate various dietary restrictions and choices.
Protein extracts, whether from single-cell or conventional sources, offer a
versatile ingredient that can be customized to fit dietary needs, such as
vegan, vegetarian, or allergen-free diets.
Urbanization
fosters innovation, including advancements in food technology. The food
industry continually evolves to meet the changing demands of urban consumers.
Protein extraction and processing technologies have improved, leading to
better-tasting, more versatile protein extracts that can be used in a wide
range of urban-centric products.
Growing
Health and Wellness Consciousness
In
a world where health and wellness have become paramount concerns for an
ever-growing number of individuals, the global protein extracts market is
experiencing a significant surge. This remarkable growth can be attributed to
the increasing consciousness of consumers regarding their health and
well-being.
Health
and wellness are not just passing trends; they have become a way of life for
many. With more information available than ever before about the importance of
a balanced diet, regular exercise, and overall health maintenance, consumers
are actively seeking products and dietary choices that align with their
wellness goals. Proteins are the foundation of life and play a pivotal role in
maintaining good health. They are essential for muscle growth, tissue repair,
immune system function, and various metabolic processes. As consumers
increasingly recognize the value of protein in their diets, they are seeking
high-quality protein sources that can meet their health and wellness
objectives.
Health-conscious
consumers are increasingly seeking nutrient-dense foods. Protein extracts,
whether derived from single-cell sources or conventional sources, provide
concentrated protein content in a small serving. This is appealing to those who
want to ensure they are meeting their daily protein requirements while managing
their caloric intake.
Protein
is well-known for its role in weight management. High-protein diets have been
shown to help with satiety and can aid in weight loss and muscle preservation.
In response to this, protein extracts are finding their way into weight
management products and muscle-building supplements, catering to consumers
looking to improve their physique and overall well-being.
Wellness
isn't just about personal health; it often extends to concerns about the
environment and ethical practices. Consumers are increasingly interested in
products that are sourced sustainably and produced ethically. Single Cell
Protein (SCP), which can be cultivated with minimal resource usage and
environmental impact, is seen as an eco-friendly and ethical protein source.
Health-conscious
individuals often have specific dietary preferences and restrictions. These can
include vegetarianism, veganism, or allergies to certain food groups. Protein
extracts offer a versatile solution as they can be tailored to meet these specific
dietary needs, ensuring that wellness-conscious consumers can find products
that align with their chosen lifestyles.
Sustainable
and Ethical Food Production
In
an era where sustainability and ethical considerations have become paramount in
consumer choices, the global protein extracts market is experiencing a
remarkable surge. This growth is not merely due to the intrinsic nutritional
value of protein but also to the emergence of sustainable and ethical food
production practices.
As
environmental concerns, animal welfare, and ethical considerations come to the
forefront, consumers are seeking more than just nutrition from their food. They
are looking for products that align with their values and address global
challenges such as climate change and resource scarcity. Sustainable and
ethical food production practices are gaining traction as consumers demand
greater transparency in the supply chain. Protein is a
fundamental component of the human diet, and its production can have
significant environmental and ethical implications. Conventional protein
sources, such as livestock, often require extensive land and water resources
and can contribute to deforestation and greenhouse gas emissions. On the other
hand, Single Cell Protein (SCP) can be cultivated in controlled environments
with minimal resource usage and lower environmental impact.
Sustainability-conscious
consumers are seeking products that have a minimal impact on the environment.
SCP and other protein extracts, produced with reduced land and water
requirements, offer a more sustainable alternative to traditional protein
sources. They resonate with environmentally conscious consumers who are looking
for ways to reduce their ecological footprint.
Animal
welfare is a growing concern for many consumers. Traditional livestock farming
often raises questions about animal rights and ethical treatment. Single Cell
Protein and other non-animal protein sources are seen as a more ethical and
humane option, eliminating concerns related to animal suffering.
Efforts
to reduce food waste are integral to ethical food production. Protein extracts
are known for their long shelf life and can be incorporated into various
products, which can help reduce food waste by extending product lifespans and
ensuring more efficient utilization of resources.
Protein
extracts can be customized to meet ethical and dietary preferences, such as
vegetarianism, veganism, and allergen-free diets. This customization empowers
consumers to make choices that align with their personal values.
Companies
are increasingly investing in research and development to create innovative and
sustainable products. These products are designed to meet the demands of
sustainability-conscious consumers, incorporating protein extracts as a key
ingredient.
Dietary
Preferences and Allergies
In
an era where consumers are embracing a diverse range of dietary preferences and
facing an increasing prevalence of food allergies, the global protein extracts
market is experiencing a remarkable surge. This growth is not just driven by
the intrinsic nutritional value of protein but also by the versatility and
adaptability of protein extracts to cater to the specific needs of different
dietary preferences and allergen considerations.
Modern
consumers are asserting their dietary choices more than ever before. This
includes preferences for vegetarianism, veganism, flexitarianism,
pescatarianism, and various other diets with unique guidelines and
restrictions. The demand for protein options that cater to these preferences is
on the rise. Allergies and intolerances to common foods are increasingly
prevalent. For example, gluten intolerance and dairy allergies are common
concerns, causing consumers to seek alternatives. Protein extracts provide a
versatile solution for individuals who must avoid allergenic foods while still
meeting their protein needs.
Protein
extracts, whether derived from single-cell sources or conventional sources, can
be customized to meet specific dietary needs. This flexibility empowers
consumers to adhere to their chosen diets while still ensuring adequate protein
intake.
With
the rise of veganism and plant-based diets, there's a growing demand for
protein sources that do not rely on animal products. Single Cell Protein (SCP)
offers a sustainable, plant-based protein option that aligns with the
principles of vegan and plant-based diets.
Protein
extracts can be processed to be gluten-free and allergen-free, catering to
individuals with dietary restrictions and food allergies. This provides a safe
and nutritious source of protein for those who must avoid certain allergenic
ingredients.
For
consumers who are both health-conscious and environmentally aware, protein
extracts, particularly SCP, offer a solution that meets their dietary
preferences while also addressing sustainability concerns. The cultivation of
SCP requires fewer resources and has a lower environmental impact compared to
traditional protein sources.
The
food industry is constantly innovating to meet the evolving needs of consumers.
Protein extracts are being incorporated into a wide range of dietary products,
including plant-based meat substitutes, dairy-free alternatives, gluten-free
snacks, and allergen-friendly baked goods, providing options for individuals
with varying dietary needs.
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Key Market
Challenges
Consumer
Acceptance and Education
While
there's growing interest in protein extracts, consumer awareness and acceptance
remain a challenge. Many consumers are still unfamiliar with the concept of
protein extracts and educating them about the benefits and uses of these
products can be a daunting task. Raising awareness and dispelling
misconceptions about the taste, texture, and nutritional value of protein
extracts is vital to expanding the market.
Taste
and Texture
One
of the primary hurdles in promoting protein extracts is their taste and
texture, which can differ significantly from traditional protein sources.
Achieving a taste and texture that rivals or surpasses conventional proteins is
an ongoing challenge that requires innovation and development in the food
industry.
Resource
Sustainability
Sustainability
is a significant concern for both producers and consumers. The challenge lies
in ensuring that protein extraction processes minimize resource usage, energy
consumption, and environmental impact while delivering a high-quality product.
This is particularly relevant to SCP production, which aims to be an
eco-friendly alternative.
Key Market Trends
Plant-Based
Protein Dominance
The
surge in plant-based diets and growing consumer interest in sustainable and
ethical food choices are propelling plant-based proteins, including those
extracted from single-cell sources to the forefront. Plant-based proteins are
expected to continue gaining market share as more consumers opt for meat
alternatives that are environmentally friendly and align with their values.
Clean
Label and Transparency
As
consumer demand for clean and transparent food products grows, the protein
extracts market is responding with cleaner labeling and greater transparency in
product sourcing and production processes. This trend aligns with the broader
consumer movement toward knowing where their food comes from and what it
contains.
Nutraceuticals
and Functional Foods
The
concept of food as medicine is gaining traction. Protein extracts are finding
their way into the nutraceutical and functional food sectors, with products
designed to deliver specific health benefits, such as improved digestion,
enhanced immunity, and better heart health.
Segmental Insights
Source
Insights
Notably,
in 2023, the plant protein extract source segment secured the highest revenue
share. This was primarily due to the multitude of techniques available for
extracting plant proteins, a trend expected to maintain its dominance in the
foreseeable future.
An
illustrative example of a plant protein is quinoa, which contains all nine
essential amino acids required by humans. Research from Colorado State
University suggests that substituting plant-based protein sources for certain
animal-based proteins could potentially reduce the risk of chronic ailments
such as heart disease, diabetes, and certain types of cancer. Plant-based
diets, rich in essential antioxidants, vitamins, and minerals, offer
wide-ranging health benefits.
The
microbial sources segment, specifically focusing on single-cell proteins, is
poised to exhibit the most rapid CAGR over the forecast period. Bacteria have
historically played a significant role in single-cell protein production, and
this trend is anticipated to gain momentum in the coming years. Bacterial
single-cell proteins generally contain 50-80% protein on a dry weight basis.
Notably, methionine content in bacterial single-cell proteins surpasses that of
algal or fungal proteins. When producing single-cell proteins for human
consumption, food-grade substrates are typically employed, although other
processes are currently in development for single-cell protein production from
cost-effective waste materials.
These
waste materials encompass sources from forestry, agriculture, and the food and
beverage processing industries. Additionally, the market boasts a substantial
array of single-cell proteins used as high-protein sources in animal feed,
contributing significantly to this segment's market share. Furthermore, ongoing
advancements in production capabilities are expected to augment the production
of bacterial-based single-cell proteins, further fueling growth in this
segment.
Application
Insights
In
2023, the biotechnology sector emerged as the leader in terms of revenue market
share. Biotechnology serves various roles in protein extraction, encompassing
protein purification, identification, and characterization. Some concrete
instances of biotechnology application in protein extraction involve employing
recombinant DNA technology to generate proteins in bacterial or yeast cultures
and utilizing liquid chromatography-mass spectrometry for protein
identification. Protein holds a pivotal position across multiple domains of
biotechnology, including pharmaceuticals, cell cultivation, nutraceuticals, and
cosmetics. Companies engaged in the production of nutraceuticals and cosmetics
notably benefit from these developments, owing to the availability of diverse
protein sources extensively utilized within these industries.
On
the other hand, the animal feed sector is poised for the swiftest CAGR
throughout the projected period. Domestic animals continue to be integral
contributors to the global food supply, making animal feeds an increasingly
crucial component of the interconnected food supply chain. Approximately 30% of
the global agricultural value and 19% of food production value are attributed
to animal products, which also supply 34% of the protein and 16% of the
calories in human diets. A consistent, cost-effective, and safe supply of
animal feeds is paramount to meeting the rising consumer demand for increased
quantities of meat, dairy, eggs, and other livestock-derived products.
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Regional Insights
In
2023, North America took the lead in the market. The region's dominant position
is attributed to the implementation of well-established biotechnology
techniques and the presence of major corporations within the area, fueling
regional expansion. Prominent U.S.-based companies such as Cyanotech
Corporation, Nucelis, and KnipBio have played a pivotal role in capturing a
significant share of the global single-cell proteins (SCPs) market. These
companies are widely recognized as leading SCP producers and have significantly
bolstered revenue by marketing their products, including Spirulina.
Key Market Players
- Unilever PLC
- Taiwan Chlorella Manufacturing Company
- XIAMEN HYFINE GELATIN CO.,LTD.
- BlueBioTech International GmbH
- Euglena Co. ltd
- Corbion NV
- KnipBio Inc.
- Earthrise Nutritionals, LLC
|
By Source
|
By Application
|
By Region
|
- Plant Protein Extract Sources
- Microbial Sources - Single Cell Proteins
- Microbial Sources - Direct Use
|
- Biotechnology
- Animal Feed
- Agriculture &Fertilizers
- Others
|
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
|
Report
Scope:
In
this report, the Global Protein Extracts From Single Cell Protein And Other
Conventional Sources Market has been segmented into the following categories,
in addition to the industry trends which have also been detailed below:
- Protein Extracts From Single Cell
Protein And Other Conventional Sources Market, By Source:
o Plant Protein Extract Sources
o Microbial Sources - Single Cell Proteins
o Microbial Sources - Direct Use
- Protein Extracts From Single Cell
Protein And Other Conventional Sources Market, By Application:
o Biotechnology
§ Pharma
§ Cell Culture Media
§ Others
o Animal Feed
o Agriculture &Fertilizers
o Others
- Protein Extracts From Single Cell
Protein And Other Conventional Sources Market, By Region:
o North America
§ United States
§ Canada
§ Mexico
o Europe
§ Germany
§ United Kingdom
§ France
§ Italy
§ Spain
o Asia-Pacific
§ China
§ Japan
§ India
§ Australia
§ South Korea
o South America
§ Brazil
§ Argentina
§ Colombia
o Middle East & Africa
§ South Africa
§ Saudi Arabia
§ UAE
§ Kuwait
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Global Protein Extracts From
Single Cell Protein And Other Conventional Sources Market.
Available
Customizations:
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Protein Extracts From Single Cell Protein And Other Conventional Sources market
report with the given market data, Tech Sci Research offers customizations
according to a company's specific needs. The following customization options
are available for the report:
Company
Information
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additional market players (up to five).
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Protein Extracts From Single Cell Protein And Other Conventional Sources Market
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