Microbial Protein Market - Forecast(2024 - 2030)

Report Code: FBR 0609 Report Format: PDF + Excel

Microbial Protein Market Overview:

The Microbial Protein Market size is expected to reach $ 5.192 billion by 2030, growing at a CAGR of 7.70% during the forecast period from 2023 to 2030.The microbial protein market is experiencing rapid growth and transformation in recent years, driven by increasing demand for sustainable and alternative protein sources. Microbial proteins are produced through fermentation processes using microorganisms like bacteria, yeast, and fungi, offering a promising solution to address the challenges of traditional protein production.

One of the primary drivers of this market's growth is the rising global population and the need for a sustainable food supply. Microbial proteins can be cultivated using various feedstocks, including agricultural waste and industrial byproducts, reducing the environmental impact associated with conventional livestock farming.

Furthermore, microbial proteins are highly versatile and can be tailored to meet specific nutritional requirements. They serve as a valuable ingredient in a wide range of applications, including animal feed, food products, and dietary supplements. The market is witnessing substantial investments and research efforts aimed at optimizing production processes and enhancing the functionality of microbial proteins.

However, regulatory considerations, consumer acceptance, and production scalability remain key challenges for the microbial protein industry. Nevertheless, the market's potential to provide a sustainable and scalable source of protein makes it a focal point for innovation and investment, positioning it as a crucial player in the future of global food security and sustainable nutrition.

Market Snapshot: 

Microbial Protein Market- Report Coverage:

The “Microbial Protein Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Microbial Protein   Market.

AttributeSegment

By Source

  • Microalgae

  • Fungi

  • Bacteria

By Type

  • Food Grade

  • Non-Food Grade

By Application

  • Animal Feed

  • Nutraceuticals

  • Food and Beverages

  • Pharmaceuticals

By Geography

  • North America

  • Europe

  • Asia-Pacific

  • Middle East and Africa



Microbial Protein Market- Top Trends:

Growing Sustainability Concerns: With increasing awareness of the environmental impact of traditional livestock farming, there is a growing shift towards sustainable protein sources. Microbial proteins, produced using fermentation processes with minimal resource consumption, are gaining traction as an eco-friendly alternative.

Plant-Based and Hybrid Products: Microbial proteins are being used in plant-based and hybrid food products to enhance their nutritional profiles and texture. This trend caters to the rising demand for plant-based diets and offers consumers more options for sustainable protein choices.

Customized Nutritional Profiles: Advances in biotechnology are enabling the customization of microbial proteins to meet specific nutritional requirements. This trend aligns with the increasing consumer focus on personalized nutrition and dietary preferences.

Alternative Protein for Animal Feed: Microbial proteins are increasingly used in animal feed formulations as a replacement for traditional protein sources like soybean meal and fishmeal. This reduces pressure on fisheries and contributes to more sustainable animal agriculture.

Investment and Research: The microbial protein market is witnessing significant investment from both established food companies and startups. Research and development efforts are focused on optimizing production processes, improving taste and texture, and lowering production costs.

Regulatory Framework Development: As microbial protein products become more prevalent in the market, regulatory agencies are working to establish clear guidelines and safety standards to ensure consumer confidence and product quality.

The Microbial Protein Market- Company Analysis

Novozymes: Novozymes is a global biotechnology company specializing in enzymes and microorganisms. They are a major player in the microbial protein market, offering solutions for the food and beverage industry, including enzymes used in the production of microbial proteins.

Andhra Sugars: Andhra Sugars is a diversified company with interests in various industries, including sugar, chemicals, and microbial products. They are actively involved in microbial protein production for animal nutrition and related applications.

Biomar Microalgae: Biomar Microalgae specializes in the cultivation and production of microalgae-based products, including microbial proteins. Their focus on sustainable and nutritious feed ingredients makes them a significant player in the aquaculture industry.

BASF: BASF is a global chemical company with a strong presence in the microbial protein market. They offer a wide range of solutions, including enzymes and ingredients, for various industries, including food and agriculture.

Royal DSM: Royal DSM is a leading life sciences and material sciences company. They are actively involved in the development of microbial protein solutions, particularly for animal nutrition and health.

Algisys: Algisys specializes in the production of sustainable microalgae-based products, including microbial proteins. They cater to industries such as aquaculture and animal feed with a focus on reducing the environmental impact.

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Microbial Protein Market Report. The top 10 companies in this industry are listed below:

  1. Andhra Sugars,
  2. Biomar Microalgae,
  3. BASF,
  4. Royal DSM,
  5. Algisys,
  6. Algatech,
  7. AquaBounty Technologies,
  8. BioFishency,
  9. Cargill,
  10. DuPont

Scope of Report: 
Report MetricDetails

Base Year Considered

2022

Forecast Period

2023 – 2030

CAGR

7.70%

Market Size in 2030

$5.192 billion

Segments Covered

By Source, By Type, By Application, By Geography

Geographies Covered

  • North America

  • Europe

  • Asia-Pacific

  • Middle East and Africa

  • South America

Key Market Players

  1. Andhra Sugars,

  2. Biomar Microalgae,

  3. BASF,

  4. Royal DSM,

  5. Algisys,

  6. Algatech,

  7. AquaBounty Technologies,

  8. BioFishency,

  9. Cargill,

  10. DuPont

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 1. Microbial Protein Market- Overview
    1.1. Definitions and Scope
 2. Microbial Protein Market- Executive Summary
 3. Microbial Protein Market- Comparative Analysis
    3.1. Company Benchmarking - Key Companies
    3.2. Global Financial Analysis - Key Companies
    3.3. Market Share Analysis - Key Companies
    3.4. Patent Analysis
    3.5. Pricing Analysis
 4. Microbial Protein Market- Start-up Companies Scenario (Premium)
    4.1. Key Start-up Company Analysis by
    4.2. Investment
    4.3. Revenue
    4.4. Venture Capital and Funding Scenario
 5. Microbial Protein Market– Market Entry Scenario Premium
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing Business Index
    5.3. Case Studies of Successful Ventures
 6. Microbial Protein Market- Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Market Challenges
    6.4. Porter's Five Force Model
    6.5. Bargaining Power of Suppliers
    6.6. Bargaining Powers of Customers
    6.7. Threat of New Entrants
    6.8. Rivalry Among Existing Players
    6.9. Threat of Substitutes
 7. Microbial Protein Market– Strategic Analysis
    7.1. Value Chain Analysis
    7.2. Opportunities Analysis
    7.3. Market Life Cycle
 8. Microbial Protein Market– By Source(Market Size – $Million/$Billion) 
    8.1. Microalgae
        8.1.1. Key Market Trends, Growth Factors and Opportunities 
        8.1.2. Market Size & Forecast by Region
 8.2. Fungi
    8.2.1. Key Market Trends, Growth Factors and Opportunities 
    8.2.2. Market Size & Forecast by Region
 8.3. Bacteria
    8.3.1. Key Market Trends, Growth Factors and Opportunities 
    8.3.2. Market Size & Forecast by Region
 9. Microbial Protein Market– By Type (Market Size – $Million/$Billion) 
    9.1. Food Grade
        9.1.1. Key Market Trends, Growth Factors and Opportunities 
        9.1.2. Market Size & Forecast by Region
 9.2. Non-Food Grade
        9.2.1. Key Market Trends, Growth Factors and Opportunities 
        9.2.2. Market Size & Forecast by Region
 10. Microbial Protein Market– By Application (Market Size – $Million/$Billion) 
    10.1. Animal Feed
        10.1.1. Key Market Trends, Growth Factors and Opportunities 
        10.1.2. Market Size & Forecast by Region
 10.2. Nutraceuticals
    10.2.1. Key Market Trends, Growth Factors and Opportunities 
    10.2.2. Market Size & Forecast by Region
 10.3. Food And Beverages
    10.3.1. Key Market Trends, Growth Factors and Opportunities 
    10.3.2. Market Size & Forecast by Region
 10.4. Pharmaceuticals
    10.4.1. Key Market Trends, Growth Factors and Opportunities 
    10.4.2. Market Size & Forecast by Region
 11. Microbial Protein Market– By Geography (Market Size – $Million/$Billion) 
    11.1. North America
        11.1.1. The U.S.
        11.1.2. Canada
        11.1.3. Mexico
    11.2. Europe
        11.2.1. UK
        11.2.2. Germany
        11.2.3. France
        11.2.4. Italy
        11.2.5. Spain
        11.2.6. Russia
        11.2.7. Rest of Europe
    11.3. Asia-Pacific
        11.3.1. China
        11.3.2. India
        11.3.3. Japan
        11.3.4. South Korea
        11.3.5. Australia & New Zealand
        11.3.6. Rest of Asia-Pacific
    11.4. South America
        11.4.1. Brazil
        11.4.2. Argentina
        11.4.3. Chile
        11.4.4. Colombia
        11.4.5. Rest of South America
    11.5. Rest of the World
        11.5.1. Middle East
        11.5.2. Africa
 12. Microbial Protein Market– Entropy
    12.1. New product launches
    12.1. M&A’s, collaborations, JVs and partnerships
 13. Microbial Protein Market– Industry/Segment Competition Landscape Premium 
    13.1. Market Share Analysis
        13.1.1. Market Share by Product Type – Key Companies
        13.1.2. Market Share by Region – Key Companies
        13.1.3. Market Share by Country – Key Companies
    13.2. Competition Matrix
    13.3. Best Practices for Companies
 14. Microbial Protein Market– Key Company List by Country Premium
 15. Microbial Protein Market- Company Analysis
    15.1. Novozymes
    15.2. Cargill
    15.3. DuPont
    15.4. Royal DSM
    15.5. BASF
    15.6. Biomar Microalgae
    15.7. Andhra Sugars
    15.8. Algisys
    15.9. AquaBounty Technologies
    15.10. Algatech
    15.11. BioFishency
    15.12. Agrial Group
    15.13. Algenol Biotech LLC
    15.14. Bioway (Xi'An) Organic Ingredients Co.,Ltd
    15.15. Corbion Biotech, Inc. 
    15.16. Cyanotech Corporation
    15.17. Mycorena AB
    15.18. ENOUGH (3F Bio Ltd.)
    15.19. Roquette Frère
    15.20. The Scoular Company

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The Microbial Protein Market is projected to grow at 7.70% CAGR during the forecast period 2023-2030.

Microbial Protein Markets is projected to reach $5192 million by 2030

The leading players in the Microbial Protein Market are Andhra Sugars, Biomar Microalgae, BASF, Royal DSM, Algisys, Algatech, AquaBounty Technologies, BioFishency, Cargill, DuPont.