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Fungal Protein Market
Fungal Protein Market By Nature (Organic, Conventional), Type (Yeast, Fusarium
Venenatum), Application (Food & Beverages, Animal Nutrition, Pharmaceuticals) & Region -
Forecast 2022 - 2032
March 2022 | REP-GB-14432 |
350 pages
|
Food and
Beverage
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Fungal Protein Market Outlook (2022-2032)
[350 Pages Report] The global fungal protein market size is
expected to reach US$ 3.8 Bn in 2022, with sales growing at a
robust 8.7% CAGR over the forecast period 2022 and 2032.
Fungal Protein Market Size (2022E)
USD 3.8
Bn
Fungal Protein Market Projected Size (2032F)
USD 7.0
Bn
Fungal Protein Market Value-based CAGR (2022-
2032)
8.7%
Fungal Protein Market Top 3 Countries Market
Share
35.6%
How Does Fungal Protein Market Historic
and Future Outlook Compare?
Fungi-based protein is becoming more popular amid growing
need for high-protein food products. Some of the primary drivers
of the global fungal protein market include rising health
consciousness, increasing consumption of processed foods, and
growing demand for foods with higher protein content.
Consumers are inclining towards sustainable protein source,
which is spurring demand for alternative protein as animal-
based protein sources consume a lot of resources and have a
big environmental impact owing to greenhouse gas emissions.
This is expected to augment the growth in the market over the
forecast period.
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What is Boosting the Application of Fungal
Protein Market in the Pharmaceutical
Industry?
By 2027, sales of fungal protein in pharmaceutical applications
are forecast to reach US$ 0.5 Bn, rising at a CAGR of 5.2%.
Due to substantial improvements in techniques used for making
pharmaceutical proteins utilized