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According to a new report by Market Research Future, the single-cell protein market is expected to reach USD 18 billion by 2030. The market is growing at a compound annual growth rate (CAGR) of 9.5% during the forecast period.
Single-cell protein is derived from microorganisms such as yeast, algae, and bacteria. It is a sustainable and nutritious food source that can produce various products, including meat substitutes, dairy alternatives, and protein powders.
The growth of the single-cell protein market is being driven by a number of factors, including:
The single-cell protein market is still in its early stages of development, but it has the potential to revolutionize the food industry. Single-cell protein can produce a wide range of affordable and nutritious food products that meet the needs of growing populations.
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