SHARE
Fungal Protein Market

Fungal Protein Market Forecasts to 2028 – Global Analysis By Product (Yeast, Fusarium Venenatum), Application (Food & Beverages, Animal Nutrition, Pharmaceutical) and By Geography

4.6 (43 reviews)
Published: June 2021 ID: SMRC20608
4.6 (43 reviews)
Published: June 2021 ID: SMRC20608

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Fungal Protein market is accounted for $3.85 billion in 2020 and is expected to reach $8.25 billion by 2028 growing at a CAGR of 10.0% during the forecast period. Growing demand for nutritious food along with the advantages of calorie reduction in foods, health benefits including health skin rejuvenation, eyesight improvement, immune system enhancement & cholesterol reduction and rising demand from animal nutrition application are the major factors driving the market growth. However, value chain disruptions throughout the globe due to corona virus pandemic are restraining the market growth.

Fungal protein, which is also known as mycoprotein, is low in caloric content and rich in protein. Its richness in fiber content has made the protein sought-after for limiting the fat intake. These are single-cell proteins used in pharmaceuticals, food and beverage and animal feed industries. Products including fusarium venenatum and yeast are used to extract nutrient-rich proteins.

Based on product, the fusarium venenatum segment is estimated to have a lucrative growth due to its ability to adapt to the large-scale fermentation processes. It finds application in production of industrial enzymes including trypsin and xylanase used in preparation of foodstuff. By geography, Europe is going to have high growth during forecast period due to favourable regulations & guidelines provided by government agencies for protein and dietary fiber intake level.

Some of the key players profiled in the Fungal Protein Market include AB Mauri, Alltech, Angel Yeast, Biorigin, Biospringer, DSM, Halcyon Proteins, Kerry Group, Lallemand, Inc, Leiber, Lesaffre Group, Mycotechnology, Inc, Ohly, Specialty Biotech and Synergy Flavors.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 3.85 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

10.0%

Predicted 2028 Value:

USD 8.25billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

302

Chapters Covered:

Product, Application and Region

Core Drivers and Opportunities:

  • Growing demand for nutritious food
  • Health benefits such as health skin rejuvenation and eyesight improvement
  • Rising demand from animal nutrition application

Restraining Factors & Market Threats:

  • Value chain disruptions throughout the globe due to corona virus pandemic
  • Availability of alternatives


Products Covered:
• Yeast
• Fusarium Venenatum

Applications Covered:
• Food & Beverages
• Animal Nutrition
• Pharmaceutical

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Fungal Protein Market is majorly driven by growing demand for nutritious food along with the advantages of calorie reduction in foods, health benefits including health skin rejuvenation, eyesight improvement, immune system enhancement & cholesterol reduction and rising demand from animal nutrition.

The fusarium venenatum segment is growing at a highest CAGR owing to its ability to adapt to the large-scale fermentation processes.

Europe dominated with a significant market share due to the factors such as increasing consumption of bread, viennoisserie, cakes, patisserie and other bakery products in the region.

North America market is growing at a highest CAGR owing to rising consumer awareness regarding the importance of health and physical fitness and increasing consumption of nutritional supplements.

Key players in Fungal Protein Market include AB Mauri, Alltech, Angel Yeast, Biorigin, Biospringer, DSM, Halcyon Proteins, Kerry Group, Lallemand, Inc, Leiber, Lesaffre Group, Mycotechnology, Inc, Ohly, Specialty Biotech and Synergy Flavors.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials