The increasing world deficiency of healthy and nutritional food is becoming a major problem for humankind. Although India is a developed nation, its major population is facing nutrition deficiency and food scarcity problems. In the face of such worldwide issues, single-cell proteins cultivated from the waste organic materials have shown us an extremely valuable food type.
Based on the source, the protein extracts from single cell protein sources market is classified into algae, bacteria, yeast, and fungi. Out of these, algae were the dominating category in 2019, with a 33.4% revenue share in the market.
The protein extracts from single cell protein sources market are categorized into biotechnology, animal feed, agriculture and fertilizers, and others, based on application.
The key players in the 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 worldwide single cell protein market was valued at $5.7 billion in 2019 and is expected to grow at a CAGR of 8.6% in the forecast period (2020–2024).
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Key questions answered in the report: –
• What is the feasibility of starting a unit of SCP production and processing?
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• What are the requirements for starting a unit of SCP production and processing?
• What will be the budget for developing the business?
• What are the market forecasts and estimates from the period 2018–2023?
• What are the major drivers, trends, restrains, threats, and opportunities in the Industry?
• Who are the major players in a SCP production and processing?
• How to get a loan or raise funds?
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