The global microbial protein market is expected to grow from USD 25.42 million in 2024 at a CAGR of 5.04% over the next five years.
The global microbial protein market is concentrated, with the top five companies occupying the major share of the market. The major players in this market are Algenol Biotech LLC, Corbion Biotech, Inc., ENOUGH (3F Bio Ltd.), Mycorena AB, and Roquette Frère (sorted alphabetically). The major strategies adopted by the players include expansions and acquisitions to establish their position in the market studied. Furthermore, different companies operating in the market have been partnering with various regional distributors to supply their products across their markets. Similarly, a few players are also focused on offering organic microbial protein ingredients to suit the growing demand for organic ingredients. Such offerings also aid in the growth of the market studied.
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