Protein Extracts from Single Cell Protein Sources Market is Expected to Gain Popularity Across the Globe by 2024


Posted March 25, 2019 by vynzresearch

Industry Insights by Source (Bacteria, Algae, Fungi, and Yeast), and by Application (Animal Feed (Livestock, Companion Animals and Fish), Agricultural and Fertilizers, Biotechnology, and Others)

 
The global protein extracts from single cell protein sources market are growing at a significant rate, due to mounting demand of food having low-fat concentration and optional amino acid composition, and expanding initiatives to generate alertness about the environmental and health advantages of substitute protein sources.

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The market has witnessed high demand for algae in the coming years due to mounting acceptance of commercialized algae-created Spirulina and Chlorella in different industries such as agriculture, food and beverage, animal feed, pharmaceutical and biotechnology, and cosmetic.

Acceptance of chlorella and spirulina are the trends in the protein extracts from single cell protein sources market.

Surge in production of animal feed and food, mounting demand of food having low fat concentration and optional amino acid composition, escalating number of research and development activities in nutraceuticals, and expanding initiatives to generate alertness about the environmental and health advantages of substitute protein sources are the primary growth drivers for protein extracts from single cell protein sources market.

North America is the largest protein extracts from single cell protein sources market as in the region the production of animal feed and the food is increased, and conferences organized in the U.S. and Canada for appropriate technologies.

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Asia-Pacific is observed to witness the fastest growth in the market, due to a high production rate of livestock.

Key players in the protein extracts from single cell protein sources market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe.

Tangshan Top Bio-Technology Co. Ltd., Cyanotech Corporation, Unibio International Plc, Cangzhou Tianyu Feed Additive Co. Ltd., Cargill Incorporated, Lallemand Inc., Qingdao CBH Co. Ltd., and Euglena Co. Ltd. are the key players offering protein extracts from single cell protein sources.

Source: VynZ Research
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Last Updated March 25, 2019