Single Cell Protein Market Size By Source (Bacteria, Yeast, Algae {Chlorella, Spirulina, Dunaliella, Haematococcus}, Fungi), By Application (Food And Beverages {Meat Analogs, Bakery, Dairy Alternatives, Cereals & Snacks, Beverages}, Animal Feed {Poultry [

Single Cell Protein Market Size By Source (Bacteria, Yeast, Algae {Chlorella, Spirulina, Dunaliella, Haematococcus}, Fungi), By Application (Food And Beverages {Meat Analogs, Bakery, Dairy Alternatives, Cereals & Snacks, Beverages}, Animal Feed {Poultry [Broiler, Layer, Turkey], Swine [Starter, Grower, Sow], Cattle [Dairy, Calf], Aquaculture [Salmon, Trout, Shrimp, Carp], Pet Food [Dogs, Cats, Birds, Fish], Equine} Dietary Supplements), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2030

The global single cell protein market is anticipated to register tremendous growth from 2022-2030. Increasing pressure on the agriculture sector to strengthen food security and enhance farm output will boost the adoption of single cell proteins (SCP). Several food companies are also looking for animal protein alternatives to reduce their contributions to the carbon footprint. For instance, Finnish biotech startup, Solar Foods is working on new single-cell protein called Solein that will offer a nutritious, sustainable alternative to animal-derived proteins.

Public and private organizations are investing in SCP technology to drive innovations and support new startups in the industry. Besides, leading single cell protein manufacturers are foraying into strategic collaborations and partnerships with young entrants to boost productivity and launch novel products.

For instance, in August 2022, Deep Branch received $5.8 million worth of investment from the UK government’s Department for Business, Energy & Industrial Strategy (BEIS), as a part of their net-zero targets. The financing will enable the commercialization phase of the Deep Blue C project’s SCP product called Proton for the feed sector.

The single-cell protein market is classified into source, application, and region.

Based on source, the industry is bifurcated into algae, fungi, yeast, bacteria, haematococcus, Dunaliella, bacteria, spirulina, chlorella, and others. Among these, the yeast segment accounted for a market share of more than 350 kilo tons in 2021, in terms of volume. Yeast-based SCPs are extracted from food waste, byproducts derived from alcohol or hydrocarbon manufacturing, and wood shavings. The product is steadily finding application in animal feed products. A recent study suggests that baker’s yeast can be used as a probiotic to boost immune responses and growth performance in freshwater catfish.

In terms of animal feed application, the market is categorized into equine, swine, cattle, aquaculture and poultry feed. The cattle feed segment is projected to expand at a CAGR of more than 5% through 2030 owing to the growing use of enzymes to enhance productivity and lower the per pound cost of meat. Surging demand for milk and dairy products will propel the need for high-quality feed for cattle.

Latin America single cell protein market is estimated to exhibit over 4% CAGR from 2022-2030 due to rapid growth in the working population and consumer demand for wellness and health products. The region is witnessing a sustainable rise in preference for high-quality nutraceuticals and dietary supplements. Additionally, new investments in product development across countries such as Mexico, and Brazil will boost SCP industry growth.