The global single cell protein market is segmented by species, by feedstock, by application, and by region. By species the global single cell protein market is segmented into, Yeast, Fungi, Bacteria. Algae Yeast and Bacteria are the most common type of species utilized as an important source of single cell protein for making food and feed supplements. By feedstock, the global single cell protein market is segmented in to organic and inorganic. Furthermore, by application, the global single protein market is segmented in to, food and beverages, animal feed and pet food, dietary supplements and others segments.
The food and beverages segment is further sub segmented into, fortified food and fortified beverages. Growing demand for performance enhancing foods and beverages is expected to push the segment revenue over the forecast period. The animal and pet food segment is further sub-segmented into, poultry feed, fish feed, ruminant feed, swine feed, and others. Single cell proteins have applications in food as the important source of protein, vitamin, and to improve the nutritive value of several foods including baked products, soups, ready-to-serve-meals, in diet recipes and others while in animal nutrition it is widely used as fattening calves, poultry, pigs and fish breeding. Apart from this single cell protein also finds its application in paper processing, leather processing and as foam stabilizers.
Increasing number of malnutrition cases across the globe is driving the market for single cell protein over the forecast period. Data from UNICEF states that globally half of the deaths in children’s under age five are due to malnutrition or under nutrition. For example, between 2010 and 2016, 35.8% of the global children population in South Asia is under nutrition followed by 34.5% in eastern and southern Africa as per data revealed by UNICEF.
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This is creating more and more demand for protein rich food across the globe thus contributing towards increasing revenue share in the global single cell protein market over the forecast period. As an important source of protein single cell proteins immense potential to satisfy the world shortage of food with increasing population. The global market for single cell protein is expected to depict considerable growth during the forecast period attributable to increasing world protein deficiency.
Some of the key players offering single cell protein include; NOW Food Health LLC., Willows Ingredients, Devenish Nutrition Limited, BIOMIN Holding GmbH, PRO SOLO SPA, Aumgene Biosciences, BIO-CAT, Novozymes, Alltech, Inc., Nutreco N.V. and others.