The North America microbial protein market was valued at USD 12.4 million for the current year and is projected to register a CAGR of 6.38% over the next five years.
The North America microbial protein market is consolidated, with major players in this market including Algenol Biotech LLC, Corbion NV, Cyanotech Corporation, Roquette Frères S.A., and the Scoular Company. Emphasis is given to the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers, as the market appears niche to the majority of the consumers in the region. Further, market key players are also planning to strengthen their distribution relationships with firms across various regions by merging or acquiring to leverage the customer base for any future product launches.
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