Global Protein Extracts from Single Cell Protein Sources Market: Overview
The dried up microbial cell cultures of
bacteria, yeast, fungi, and algae is known as single cell protein. This
can be used as protein supplements and feeds. It has an exceptional
nutritious value owing to the presence of a high amount of vitamin,
lipid content, and vital amino acids. The global extracts from single
cell protein market are witnessing rapid growth, as a result of the
increasing demand of food containing low-fat concentration and optimal
amino acid compositions; and increasing initiatives to generate
awareness about the environmental and health benefits of these protein
substitutes. The global protein extracts from single cell protein
sources market is witnessing substantial growth in the forecast period
of 2018 to 2026.
Report Overview @ https://www.transparencymarketresearch.com/protein-extracts-from-single-cell-protein-sources-market.html
Transparency Market Research report
provides vital insights about the key facets, drivers, opportunities,
and challenges involved in global protein extracts from single cell
protein sources market. It provides an in-depth analysis of every
crucial aspect that can help businesses to leverage the opportunities
offered by the market.
Global Protein Extracts from Single Cell Protein Sources Market: Novel Developments
In order to expand their business and
attract new customers, companies are getting involved in strategic steps
such as mergers and collaborations, acquisitions of various small or
medium scale companies, and finally organizing events such as product
launch. For instance;
- In January 2018, Cargill Inc. brought Pro-Pet LLC in order to strengthen its distribution channel of animal feed and pet food deliverables in agriculture retail market. However, the terms of the transaction were never disclosed.
- Cyanotech Corporation has become one of the world’s largest spirulina producers and suppliers. The company holds this status in the U.S. and 30 different countries.
- May 2017 noted a launch of Angel’s new semi-dry yeast in tetra pack. This launch was the stepping stone in the long terms process of the company’s expansion plans.
- Alltech Inc. acquired a leading animal nutrition company Westfeeds in May 2017. It provides high-quality animal nutrition products. The acquisition also included manufacturing facilities as well as outlets of Westfeeds in order to meet the growing demand for protein extract from single cell protein source products.
- In March 2017, Lallemand Inc. acquired Nova Microbial Technologies, to provide natural microbial services and products for the optimization of animal performance.
Global Protein Extracts from Single Cell Protein Sources Market: Key Drivers
The hike in the production of animal feed
and food is one of the growth drivers for global protein extracts from
single cell protein sources market. Also, factors such as growing demand
for low calorie and low-fat concentration food is one of the driving
factors that is influencing the market. Market growth is majorly driven
by the research and development activities in the field of
nutraceuticals along with extensive initiatives to create awareness
about environmental and health advantages of these subtle protein
sources. Finally, rapid initiatives by various private and public
organizations so as to cater the escalating demands for proteins and
technological innovations in the protein production is support global
protein extracts from single cell protein sources market to grow.
Global Protein Extracts from Single Cell Protein Sources Market: Regional Dominance
North America is likely to dominate
another region of global protein extracts from Single cell protein
sources market in terms of size and magnitude of growth in the forecast
period. The growth is attributed to the growing number of quality animal
feed and food products in the regions. Additionally, the rising number
of research and development activities coupled with the increasing
influx of new player in the market is promoting the global protein
extracts from single cell protein sources market in the forecast period.
The report offers a comprehensive
evaluation of the market. It does so via in-depth qualitative insights,
historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven
research methodologies and assumptions. By doing so, the research report
serves as a repository of analysis and information for every facet of
the market, including but not limited to: Regional markets, technology,
types, and applications.
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