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The single cell protein spirulina is gaining popularity as superfood for leading a healthy life. Health-conscious consumers are focused on consuming products that boost their immunity during the coronavirus pandemic. Manufacturers in the ASEAN single cell protein market have been taking advantage of this opportunity to innovate in spirulina, chlorella, and fusarium, among others, to develop nutritional supplements that support high-risk patients and undernourished children.
There is a growing awareness that modern diet is filled with depleted and over-processed convenience foods. Companies in the ASEAN single cell protein market are capitalizing on this opportunity to increase the availability of supplements that provide extra vitamins and minerals. Spirulina has a better nutrient profile than other plants, grains, and herbs.
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Companies in the ASEAN single cell protein market are establishing stable revenue streams by increasing the availability for fishmeal in the aquaculture industry. However, sourcing sustainable, renewable, and high protein ingredients for fish feed is one of the key challenges hindering market growth. Hence, stakeholders are increasing their research efforts to scale-up the processing of single cell protein (SCP) in fish feed to meet demands of stakeholders in the aquaculture industry.
Aquaculture is known as one of the fastest growing animal protein sectors. Hence, companies in the ASEAN single cell protein market are supporting the inclusion of SCP in fish feed to improve protein content in end-use fish products.
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New market players are emerging in the alternative protein space to source protein from the human microbiome. Brewed Foods, a subsidiary of alternative protein company White Dog Labs (WDL), is gaining recognition for its SCP-rich powder, which is being used in a wide range of food applications. Manufacturers in the ASEAN single cell protein market are taking cues from such companies to develop SCP powders that can be used to make plant-based meats and cheese without interacting with other ingredients.
Meat analogs and non-dairy milks are attracting SCP-rich powders. The growing trend of vegan food is translating into incremental opportunities for manufacturers in the ASEAN single cell protein market.
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The ASEAN single cell protein market is projected to advance at a robust CAGR of 9.3% during the forecast period. SCP is gaining popularity as a rich source of protein for feed and food products, while also providing important lipids, vitamins, minerals, and carbohydrates. The ASEAN single cell protein market is predicted for exponential growth, since SCP-based ingredients can be produced at high speed as compared to plants and animals, thus multiplying the amount of biomass within few hours.
The aquaculture sector is gaining attention for demonstrating the inclusion of bacteria in diet, which helps to add a positive effect on growth, survival, and immune system in larvae and juvenile aquatic animals.
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Asia holds lucrative business opportunities due to the growing trend of investments in biotechnology innovations that meet the demand of rapidly increasing population. Calysseo’s FeedKind® single-cell protein project is gaining recognition for enhancing regional food safety and sustainability. Stakeholders in the ASEAN single cell protein market are establishing stable revenue streams in the aquaculture industry by producing alternative bio-protein feed ingredients.
Manufacturers in the ASEAN single cell protein market are fermenting natural gas to produce safe, nutritious, traceable, and affordable protein. Since Asia is creating emphasis on food security, alternative proteins are helping to build sustainable and resilient food systems, especially in Asia’s aquaculture industry.