According to The Insights partners latest market study on “Microbial Protein for Feed Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Source and Application,” 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. The report highlights key factors driving the microbial protein for feed market and prominent players along with their developments in the market.

Microbial protein is obtained by fermentation of various substrates, such as industrial waste and gases—including methane, natural gas, and carbon dioxide using either bacterium, yeast, filamentous fungi, or microalgae, among other micro-organisms. Microbial protein is witnessing high demand in the animal feed industry as it is one of the most sustainable sources of protein. Moreover, it has a high concentration of crude protein and essential amino acids, which is driving its demand across the animal feed industry.

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The Prominent/Emerging Players in the Microbial Protein Used in Feed Market includes:

  • CALYSTA INC.
  • Avecom
  • Arbiom
  • KnipBio
  • ICC
  • Alltech
  • Unibio
  • Stringbio
  • Deep Branch
  • EniferBio

 Microbial Protein Used in Feed Market Segment Analysis:

Based on source, the global microbial protein for feed market is segmented into bacteria, yeast, and others. The bacteria segment held the largest share of the global microbial protein for feed market in 2021 and is expected to register the highest CAGR from 2022 to 2028. Bacteria exhibit the highest growth rates compared to yeast and other microorganisms. Moreover, the amount of protein produced using bacterial culture is the largest. Furthermore, it has more than 70% crude protein and has a favorable essential amino acid profile. According to various studies, 1,000 kg bacteria produce a larger quality of proteins than soybeans and beef cattle. Thus, bacteria are one of the cost-effective and fastest sources of protein for animal feed. All these factors are driving the market for the segment.            

The report analyzes factors affecting Microbial Protein Used in Feed market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions

The report currently provides detailed insights on trends, market share, market size, market value, and trading volume. The global Microbial Protein Used in Feed market report provides a comprehensive analysis of COVID-19 infections and how it has impacted market growth. This study explains the future opportunities for market participants. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory.

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