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Threat associated with single cell protein sources and challenges associated with the production of single cell protein sources are the major challenges for the growth of protein extracts from single cell protein sources market.
Globally, the manufacturing companies trying to enter the protein extracts from single cell protein sources market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.
Asia-Pacific is observed to witness the fastest growth in the market, due to a high production rate of livestock. In addition, alage-based spirulina is mainly used in patients having undernourishment, and an upsurge in animal feed production is also creating a positive impact on the protein extracts from single cell protein sources market growth in the region.
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Key players in the protein extracts from single cell protein sources market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In March 2017, Lallemand Inc. acquired Nova Microbial Technologies, to provide natural microbial services and products for the optimization animal performance. Tangshan Top Bio-Technology Co. Ltd., Cyanotech Corporation, Unibio International Plc, Cangzhou Tianyu Feed Additive Co. Ltd., Cargill Incorporated, Lallemand Inc., Qingdao CBH Co. Ltd., and Euglena Co. Ltd. are the key players offering protein extracts from single cell protein sources.
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