Microbial protein for feed Market Demand, Size, Share, Industry Trend, Top Key Players Forecast 2028

The "Microbial protein for feed market" size is expected to grow from US$ 141,095.88 thousand in 2022 to US$ 308,055.17 thousand by 2028; it is estimated to register a CAGR of 13.9% from 2022 to 2028.

Microbial protein, also known as single-cell protein, is mainly produced from a fermentation process. Selected strains of microorganisms are allowed to multiply on suitable raw materials in controlled cultivation processes directed to the growth of the culture; this is followed by the separation of cell mass. Different fermentation technologies are used to produce microbial protein, such as submerged fermentation and semisolid fermentation. The governments of various countries, especially the UK, France, and China, are taking several initiatives to promote sustainability and reduce their overall environmental footprints. They are encouraging animal feed manufacturers and livestock breeders to use sustainable feed ingredients to reduce the overall environmental impacts of the animal feed industry. This factor is significantly driving the microbial protein for feed market.

Get a Sample PDF of report at: https://www.premiummarketinsights.com/sample/TIP00073714?utm_source=OpenPr&utm_medium=10640
(Kindly Use Corporate Mail ID To Get More Details)

The key players operating in the global microbial protein for feed market include Calysta, Inc.; Avecom; Arbiom; KnipBio; ICC; and Alltech. These companies are highly involved in research and development activities to launch microbial protein for animal feed at competitive prices. Moreover, these companies are adopting new technologies to scale up their production to meet the rising demand for microbial feed protein across the globe. These companies are also receiving government grants, approvals, and financial assistance to develop microbial protein that can commercially substitute conventional sources of feed proteins such as soybean meal and fish meal.

Based on application, the global microbial protein for feed market is segmented into poultry, ruminants, aquaculture, and others. The aquaculture segment held the largest share of the global microbial protein for feed market in 2021. The global aquaculture industry is heavily dependent on fish meal for its protein intake. Fish meal is not a sustainable source of feed protein, as the process of sourcing these ingredients is associated with a reduction in global fish stocks, causing significant harm to the marine ecosystem. Moreover, due to the volatile prices of fishmeal and overfishing, it is not a sustainable feed ingredient. Therefore, aquafeed manufacturers are looking for sustainable feed protein sources, which signifies strong growth potential for microbial protein manufacturers catering to the aquaculture industry.

Get Full Report: https://www.premiummarketinsights.com/reports-tip/microbial-protein-for-feed-market

Asia Pacific is expected to register the highest CAGR in the global microbial protein for feed market over the forecast period. Asia Pacific raises the second largest aquafeed demand, after North America, which results in high animal feed production in the region. According to the Alltech Global Feed Survey 2021, China ranks first in world feed production, with ~240 million tons of feed produced annually. Thus, with the increasing feed production, Asia Pacific is a lucrative market for feed ingredient providers, especially microbial protein, which contributes to the sustainability of animal feed. However, the microbial protein market in Asia Pacific is in a nascent phase as manufacturers are still working on various aspects, such as production scale-up and product stability.

Developing countries such as China and India have a significant livestock population. According to a report by Dairy India, the Indian cattle feed industry grew at a rate of ~6% per annum during 2010-2020, making India one of the world's most significant and fastest-growing cattle feed markets. Despite this growth, there is a massive gap between requirement and production. Thus, cattle feed formulators have a huge opportunity to reposition themselves in India to enhance the outcomes of livestock farming. Thus, although the microbial protein for feed market is in a nascent stage in Asia Pacific, the region provides lucrative growth opportunities to the market players.

Buy a copy of this research report at @: https://www.premiummarketinsights.com/buy/TIP00073714?utm_source=OpenPr&utm_medium=10640

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 by Source
1.3.2 by Application
1.3.3 by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
3.2.8 Limitations and Assumptions:
4. Microbial Protein for Feed Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Substrates
4.3.2 Production Process
4.3.3 Animal Feed Manufacturers
4.4 Expert Opinion
5. Key Market Dynamics
Continued…

Other Reports:

Enzymatic Dna Synthesis Market https://www.openpr.com/news/3013257/enzymatic-dna-synthesis-market-forecast-opportunities

Pet Supplements Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Form (Chewable, Powder, and Others), Pet Type (Dogs, Cats, and Others), and Distribution Channel (Online and Offline) https://www.openpr.com/news/3013267/pet-supplements-market-2022-report-shows-growth-prospects

Surgical Stapling Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Powered Surgical Staplers and Manual Surgical Staplers), Type (Disposable Surgical Staplers and Reusable Surgical Staplers), Application (Orthopedic Surgery, Endoscopic Surgery, Cardiac and Thoracic Surgery, Abdominal and Pelvic Surgery, and Others), and End User (Hospitals and Ambulatory Surgical Centers) https://www.openpr.com/news/3013278/surgical-stapling-devices-market-report-explores-the-huge

Skull Clamp Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Three-Pin Skull Clamp, Four-Pin Skull Clamp, and Two-Pin Skull Clamp), Application (Surgery and Medical Imaging), Material (Stainless Steel, Aluminum Alloy, Titanium, and Radiolucent), Accessories (Skull Pins, Headrests, and Others), End User (Hospitals, Specialty Clinics, and Ambulatory Surgical Centers) https://www.openpr.com/news/3013297/skull-clamp-market-research-report-features-incredible-demand

Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email: sales@premiummarketinsights.com

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost-effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.
Premium Market Insights has an extensive coverage of industry reports, company reports and country reports across all industries. In case your research needs are not met by syndicated reports offered by leading publishers, we can help you by offering a customized research solution by liaising with different research agencies saving your valuable time and money.
We provide best in class customer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

This release was published on openPR.