The global Protein Extracts From Single Cell
Protein And Other Conventional Sources Market size is expected to reach USD 26.3 billion by 2025, according to a
new report by Grand View Research, Inc. Registering an 8.4% CAGR during the
forecast period, the market is expected to be driven by rising investments in
the animal feed industry to cater to rising demand for cattle feed.
India ranks first with respect to cattle inventory,
with demand for cattle inventory constantly increasing in U.S. This is driving
demand for animal feed and protein extracts from different sources. In U.S.,
approximately 12.0% of the cattle inventory falls under drought area. This
percentage was approximately 73.0% and 26.0% in 2013 and 2008, respectively.
Furthermore, the combination of genetic engineering
techniques to produce proteins and attain better expression levels is expected
to boost this market. These genetic modifications aid in increasing
nutraceutical value of the biomass product either by increasing amino acid
composition or by optimization of other biomolecules present in the product.
Moreover, there are a number of methods for the removal of ribonucleic acid
(RNA) from extracted protein, another factor likely to impact market growth.
Browse
Details of Report @
https://www.grandviewresearch.com/industry-analysis/protein-extracts-from-single-cell-protein-other-conventional-sources-market
https://www.grandviewresearch.com/industry-analysis/protein-extracts-from-single-cell-protein-other-conventional-sources-market
Further key findings from the report suggest:
- Market penetration of protein extracts in pharmaceuticals and
nutraceuticals is highest in the market and consequently, these segments
accounted for a larger share in 2016
- Animal feed protein extracts and agricultural protein extracts are
anticipated to grow at a similar pace in the coming years owing to rising
demand for proteins in these sectors. Traditional protein sources have
been inadequate in catering to growing demand
- Plant protein sources accounted for the largest share owing to easy
availability. However, SCP-based extracts are anticipated to grow at
lucrative rate environmental concerns play a strong role in driving the
development of novel SCP products
- North America accounts for the largest share in the protein extracts
market with respect to pharmaceutical applications. Presence of
well-established companies engaged in feed production through microbial
cell cultivation have attributed to its growth
- Ongoing research studies in U.S. regarding use of microbes as an
alternative nutrient source is expected to propel the growth of this
regional market during the forecast period
- Asia Pacific accounted for the largest share in protein extract
consumption with regard to animal feed. In recent times, universities and
industries in China have been observed to be significantly active in
filing patents related to SCP. This is sure to have a positive impact on
regional growth
- Some of the prominent players in the market are Nutreco; AgriProtein
Holdings; ZEN-NOH; KnipBio; BlueBioTech Int. GmbH; Lallemand Inc.; and
Marlow Foods Limited.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
No comments:
Post a Comment