Global Microbial Alternative Protein market cagr 8.3%

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Microbial Alternative Protein Market

Microbial Alternative Protein Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Microbial Alternative Protein Market Size and Growth

The Microbial Alternative Protein market is experiencing significant growth, driven by rising demand for sustainable food sources. The market size is projected to reach approximately $XX billion by 2030, reflecting increasing consumer preference for plant-based and microbial proteins. Key factors include advancements in fermentation technology and environmental sustainability concerns. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ AgriProtein (South Africa)

◍ Ynsect (France)

◍ Enterra Feed Corporation (Canada)

◍ Protix (The Netherlands)

The microbial alternative protein market features companies like AgriProtein, Ynsect, and Enterra Feed, focusing on insect farming and fermentation technologies. These firms drive market growth through sustainable protein production, addressing food security. Sales revenue examples include:

- Ynsect: €100 million (2022)

◍ Proti-Farm Holding NV (The Netherlands)

◍ Entomo Farms (Canada)

◍ Global Bugs Asia Co., Ltd. (Thailand)

◍ Aspire Food Group (U.S.)

◍ Tiny Farms (U.S.)

- Protix: €25 million (2022)

- Aspire Food Group: $10 million (2021).

Market Segmentation

By Application

Food

Feed

Others

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By Product

Emerging Alternative Protein

Adolescent Alternative Protein

Matured Alternative Protein

Market Growth

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$ X Billion USD

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