Market Overview:

The global single cell oil market size was valued at USD 57.90 million in 2023. The market is projected to grow from USD 67.36 million in 2024 to USD 338.51 million by 2032, exhibiting a CAGR of 22.36% during the forecast period.

Single cell oils, or microbial oils, are extracted from unicellular organisms such as yeasts, bacteria, fungi, and microalgae. They are classified as nutritional oils based on their fatty acid composition, with Omega-3 oils being particularly in demand due to their high nutritional value. Growing interest in microbial oil production is prompting manufacturers to create customized products for human consumption and biofuel production, reflecting the increasing market expansion.

List of Key Players Mentioned in the Report:

• DSM-Firmenich (Netherlands)
• Cellana (U.S.)
• Corbion N.V. (Netherlands)
• Algatech (Israel)
• DIC Corporation (Japan)
• Henry Lamotte Oils (Germany)
• Algaecytes (U.K.)
• Bioriginal Food & Science Corp (Canada)
• ALGENOL (U.S.)
• Chevron Corporation (U.S.)

Segmentation:

Filamentous Fungi and Yeasts Segment Dominates Due to its Easy Harvesting

Based on microorganism, the market is fragmented into bacteria, filamentous fungi and yeasts, and microalgae. Filamentous fungi and yeasts will exhibit the highest growth rate as they have the ability to adapt to changing climate and can be easily harvested.

Food supplements Segment Held a Dominant Share due to Increased Adoption

In terms of application, the market is classified into functional food, food supplements, cosmetics, biodiesel, aquaculture, and others. The food supplements segment captures the largest single cell oil market share owing to the rising uptake of products for the production of dietary supplements.

In terms of region, the market is categorized into Europe, North America, Asia Pacific, South America, and the Middle East & Africa.