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
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.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 3.85 billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
10.0% |
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Predicted 2028 Value: |
USD 8.25billion |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
302 |
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Chapters Covered: |
Product, Application and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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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.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Fungal Protein Market, By Product
5.1 Introduction
5.2 Yeast
5.2.1 Baker's Yeast
5.2.2 Brewer's Yeast
5.3 Fusarium Venenatum
6 Global Fungal Protein Market, By Application
6.1 Introduction
6.2 Food & Beverages
6.2.1 Processed Food
6.2.2 Beverages
6.2.3 Bakery
6.2.4 Fat Substitute (Dairy)
6.2.5 Meat Alternative
6.2.6 Breakfast & Cereal
6.3 Animal Nutrition
6.3.1 Poultry
6.3.2 Swine
6.3.3 Aquaculture
6.3.4 Pet Food
6.3.5 Equine
6.4 Pharmaceutical
7 Global Fungal Protein Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 AB Mauri
9.2 Alltech
9.3 Angel Yeast
9.4 Biorigin
9.5 Biospringer
9.6 DSM
9.7 Halcyon Proteins
9.8 Kerry Group
9.9 Lallemand, Inc
9.10 Leiber
9.11 Lesaffre Group
9.12 Mycotechnology, Inc
9.13 Ohly
9.14 Specialty Biotech
9.15 Synergy Flavors
List of Tables
1 Global Fungal Protein Market Outlook, By Region (2019-2028) (US $MN)
2 Global Fungal Protein Market Outlook, By Product (2019-2028) (US $MN)
3 Global Fungal Protein Market Outlook, By Yeast (2019-2028) (US $MN)
4 Global Fungal Protein Market Outlook, By Baker's Yeast (2019-2028) (US $MN)
5 Global Fungal Protein Market Outlook, By Brewer's Yeast (2019-2028) (US $MN)
6 Global Fungal Protein Market Outlook, By Fusarium Venenatum (2019-2028) (US $MN)
7 Global Fungal Protein Market Outlook, By Application (2019-2028) (US $MN)
8 Global Fungal Protein Market Outlook, By Food & Beverages (2019-2028) (US $MN)
9 Global Fungal Protein Market Outlook, By Processed Food (2019-2028) (US $MN)
10 Global Fungal Protein Market Outlook, By Beverages (2019-2028) (US $MN)
11 Global Fungal Protein Market Outlook, By Bakery (2019-2028) (US $MN)
12 Global Fungal Protein Market Outlook, By Fat Substitute (Dairy) (2019-2028) (US $MN)
13 Global Fungal Protein Market Outlook, By Meat Alternative (2019-2028) (US $MN)
14 Global Fungal Protein Market Outlook, By Breakfast & Cereal (2019-2028) (US $MN)
15 Global Fungal Protein Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
16 Global Fungal Protein Market Outlook, By Poultry (2019-2028) (US $MN)
17 Global Fungal Protein Market Outlook, By Swine (2019-2028) (US $MN)
18 Global Fungal Protein Market Outlook, By Aquaculture (2019-2028) (US $MN)
19 Global Fungal Protein Market Outlook, By Pet Food (2019-2028) (US $MN)
20 Global Fungal Protein Market Outlook, By Equine (2019-2028) (US $MN)
21 Global Fungal Protein Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
22 North America Fungal Protein Market Outlook, By Country (2019-2028) (US $MN)
23 North America Fungal Protein Market Outlook, By Product (2019-2028) (US $MN)
24 North America Fungal Protein Market Outlook, By Yeast (2019-2028) (US $MN)
25 North America Fungal Protein Market Outlook, By Baker's Yeast (2019-2028) (US $MN)
26 North America Fungal Protein Market Outlook, By Brewer's Yeast (2019-2028) (US $MN)
27 North America Fungal Protein Market Outlook, By Fusarium Venenatum (2019-2028) (US $MN)
28 North America Fungal Protein Market Outlook, By Application (2019-2028) (US $MN)
29 North America Fungal Protein Market Outlook, By Food & Beverages (2019-2028) (US $MN)
30 North America Fungal Protein Market Outlook, By Processed Food (2019-2028) (US $MN)
31 North America Fungal Protein Market Outlook, By Beverages (2019-2028) (US $MN)
32 North America Fungal Protein Market Outlook, By Bakery (2019-2028) (US $MN)
33 North America Fungal Protein Market Outlook, By Fat Substitute (Dairy) (2019-2028) (US $MN)
34 North America Fungal Protein Market Outlook, By Meat Alternative (2019-2028) (US $MN)
35 North America Fungal Protein Market Outlook, By Breakfast & Cereal (2019-2028) (US $MN)
36 North America Fungal Protein Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
37 North America Fungal Protein Market Outlook, By Poultry (2019-2028) (US $MN)
38 North America Fungal Protein Market Outlook, By Swine (2019-2028) (US $MN)
39 North America Fungal Protein Market Outlook, By Aquaculture (2019-2028) (US $MN)
40 North America Fungal Protein Market Outlook, By Pet Food (2019-2028) (US $MN)
41 North America Fungal Protein Market Outlook, By Equine (2019-2028) (US $MN)
42 North America Fungal Protein Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
43 Europe Fungal Protein Market Outlook, By Country (2019-2028) (US $MN)
44 Europe Fungal Protein Market Outlook, By Product (2019-2028) (US $MN)
45 Europe Fungal Protein Market Outlook, By Yeast (2019-2028) (US $MN)
46 Europe Fungal Protein Market Outlook, By Baker's Yeast (2019-2028) (US $MN)
47 Europe Fungal Protein Market Outlook, By Brewer's Yeast (2019-2028) (US $MN)
48 Europe Fungal Protein Market Outlook, By Fusarium Venenatum (2019-2028) (US $MN)
49 Europe Fungal Protein Market Outlook, By Application (2019-2028) (US $MN)
50 Europe Fungal Protein Market Outlook, By Food & Beverages (2019-2028) (US $MN)
51 Europe Fungal Protein Market Outlook, By Processed Food (2019-2028) (US $MN)
52 Europe Fungal Protein Market Outlook, By Beverages (2019-2028) (US $MN)
53 Europe Fungal Protein Market Outlook, By Bakery (2019-2028) (US $MN)
54 Europe Fungal Protein Market Outlook, By Fat Substitute (Dairy) (2019-2028) (US $MN)
55 Europe Fungal Protein Market Outlook, By Meat Alternative (2019-2028) (US $MN)
56 Europe Fungal Protein Market Outlook, By Breakfast & Cereal (2019-2028) (US $MN)
57 Europe Fungal Protein Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
58 Europe Fungal Protein Market Outlook, By Poultry (2019-2028) (US $MN)
59 Europe Fungal Protein Market Outlook, By Swine (2019-2028) (US $MN)
60 Europe Fungal Protein Market Outlook, By Aquaculture (2019-2028) (US $MN)
61 Europe Fungal Protein Market Outlook, By Pet Food (2019-2028) (US $MN)
62 Europe Fungal Protein Market Outlook, By Equine (2019-2028) (US $MN)
63 Europe Fungal Protein Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
64 Asia Pacific Fungal Protein Market Outlook, By Country (2019-2028) (US $MN)
65 Asia Pacific Fungal Protein Market Outlook, By Product (2019-2028) (US $MN)
66 Asia Pacific Fungal Protein Market Outlook, By Yeast (2019-2028) (US $MN)
67 Asia Pacific Fungal Protein Market Outlook, By Baker's Yeast (2019-2028) (US $MN)
68 Asia Pacific Fungal Protein Market Outlook, By Brewer's Yeast (2019-2028) (US $MN)
69 Asia Pacific Fungal Protein Market Outlook, By Fusarium Venenatum (2019-2028) (US $MN)
70 Asia Pacific Fungal Protein Market Outlook, By Application (2019-2028) (US $MN)
71 Asia Pacific Fungal Protein Market Outlook, By Food & Beverages (2019-2028) (US $MN)
72 Asia Pacific Fungal Protein Market Outlook, By Processed Food (2019-2028) (US $MN)
73 Asia Pacific Fungal Protein Market Outlook, By Beverages (2019-2028) (US $MN)
74 Asia Pacific Fungal Protein Market Outlook, By Bakery (2019-2028) (US $MN)
75 Asia Pacific Fungal Protein Market Outlook, By Fat Substitute (Dairy) (2019-2028) (US $MN)
76 Asia Pacific Fungal Protein Market Outlook, By Meat Alternative (2019-2028) (US $MN)
77 Asia Pacific Fungal Protein Market Outlook, By Breakfast & Cereal (2019-2028) (US $MN)
78 Asia Pacific Fungal Protein Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
79 Asia Pacific Fungal Protein Market Outlook, By Poultry (2019-2028) (US $MN)
80 Asia Pacific Fungal Protein Market Outlook, By Swine (2019-2028) (US $MN)
81 Asia Pacific Fungal Protein Market Outlook, By Aquaculture (2019-2028) (US $MN)
82 Asia Pacific Fungal Protein Market Outlook, By Pet Food (2019-2028) (US $MN)
83 Asia Pacific Fungal Protein Market Outlook, By Equine (2019-2028) (US $MN)
84 Asia Pacific Fungal Protein Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
85 South America Fungal Protein Market Outlook, By Country (2019-2028) (US $MN)
86 South America Fungal Protein Market Outlook, By Product (2019-2028) (US $MN)
87 South America Fungal Protein Market Outlook, By Yeast (2019-2028) (US $MN)
88 South America Fungal Protein Market Outlook, By Baker's Yeast (2019-2028) (US $MN)
89 South America Fungal Protein Market Outlook, By Brewer's Yeast (2019-2028) (US $MN)
90 South America Fungal Protein Market Outlook, By Fusarium Venenatum (2019-2028) (US $MN)
91 South America Fungal Protein Market Outlook, By Application (2019-2028) (US $MN)
92 South America Fungal Protein Market Outlook, By Food & Beverages (2019-2028) (US $MN)
93 South America Fungal Protein Market Outlook, By Processed Food (2019-2028) (US $MN)
94 South America Fungal Protein Market Outlook, By Beverages (2019-2028) (US $MN)
95 South America Fungal Protein Market Outlook, By Bakery (2019-2028) (US $MN)
96 South America Fungal Protein Market Outlook, By Fat Substitute (Dairy) (2019-2028) (US $MN)
97 South America Fungal Protein Market Outlook, By Meat Alternative (2019-2028) (US $MN)
98 South America Fungal Protein Market Outlook, By Breakfast & Cereal (2019-2028) (US $MN)
99 South America Fungal Protein Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
100 South America Fungal Protein Market Outlook, By Poultry (2019-2028) (US $MN)
101 South America Fungal Protein Market Outlook, By Swine (2019-2028) (US $MN)
102 South America Fungal Protein Market Outlook, By Aquaculture (2019-2028) (US $MN)
103 South America Fungal Protein Market Outlook, By Pet Food (2019-2028) (US $MN)
104 South America Fungal Protein Market Outlook, By Equine (2019-2028) (US $MN)
105 South America Fungal Protein Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
106 Middle East & Africa Fungal Protein Market Outlook, By Country (2019-2028) (US $MN)
107 Middle East & Africa Fungal Protein Market Outlook, By Product (2019-2028) (US $MN)
108 Middle East & Africa Fungal Protein Market Outlook, By Yeast (2019-2028) (US $MN)
109 Middle East & Africa Fungal Protein Market Outlook, By Baker's Yeast (2019-2028) (US $MN)
110 Middle East & Africa Fungal Protein Market Outlook, By Brewer's Yeast (2019-2028) (US $MN)
111 Middle East & Africa Fungal Protein Market Outlook, By Fusarium Venenatum (2019-2028) (US $MN)
112 Middle East & Africa Fungal Protein Market Outlook, By Application (2019-2028) (US $MN)
113 Middle East & Africa Fungal Protein Market Outlook, By Food & Beverages (2019-2028) (US $MN)
114 Middle East & Africa Fungal Protein Market Outlook, By Processed Food (2019-2028) (US $MN)
115 Middle East & Africa Fungal Protein Market Outlook, By Beverages (2019-2028) (US $MN)
116 Middle East & Africa Fungal Protein Market Outlook, By Bakery (2019-2028) (US $MN)
117 Middle East & Africa Fungal Protein Market Outlook, By Fat Substitute (Dairy) (2019-2028) (US $MN)
118 Middle East & Africa Fungal Protein Market Outlook, By Meat Alternative (2019-2028) (US $MN)
119 Middle East & Africa Fungal Protein Market Outlook, By Breakfast & Cereal (2019-2028) (US $MN)
120 Middle East & Africa Fungal Protein Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
121 Middle East & Africa Fungal Protein Market Outlook, By Poultry (2019-2028) (US $MN)
122 Middle East & Africa Fungal Protein Market Outlook, By Swine (2019-2028) (US $MN)
123 Middle East & Africa Fungal Protein Market Outlook, By Aquaculture (2019-2028) (US $MN)
124 Middle East & Africa Fungal Protein Market Outlook, By Pet Food (2019-2028) (US $MN)
125 Middle East & Africa Fungal Protein Market Outlook, By Equine (2019-2028) (US $MN)
126 Middle East & Africa Fungal Protein Market Outlook, By Pharmaceutical (2019-2028) (US $MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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