Title: Global Fungal Protein Market Size, Growth, Shares and CAGR by 2026
1Fungal Protein Market is Expected to Reach Over
USD 6 Billion by 2026.
2As per market analysis, some major findings of
the fungal protein market report include
- Increasing product utilization owing to shifting
consumer preferences towards healthy diet regimes
will foster industry growth - Rising vegan population globally has result in
increasing product demand owing to cover
nutritional gaps created by lack of consumption
of meat products will foster market growth - Some of the key manufacturers in the market
include Lesaffre Group, Angel Yeast, Alltech, AB
Mauri and DSM N.V. - Fungal protein market from Fusarium venenatum
witnessed highest growth potential and the sector
is further anticipated to grow due to increasing
demand for meat alterative and fat substitute
dairy products - Europe holds a substantial share in the market
and is further forecasted to grow owing to rising
vegan population especially in Germany product
3Fungal protein market from brewers yeast is
expected to grow over 4.5 by the end of 2026.
Brewer's yeast is rich in proteins, B vitamins,
and minerals that can help in maintaining optimal
blood sugar levels. It helps in the fermentation
of beverages by reacting with glucose to provide
the required amount of alcohol levels, hence,
finds application in alcoholic beverages,
particularly in wine and beer. It is also used as
a protein supplement in animal feed that leads to
increased milk productivity, higher meat
production, and better reproductive efficiency in
farm animals and pets. In addition, brewer's
yeast contains chromium that promotes development
of insulin controls glucose level in blood,
hence, used for preparation of medicines for
diabetic patients. According to market analysis,
North America fungal proteins market was over USD
890 Million in 2019 and is expected to grow over
9 by the end of 2026. Yeast is extensively used
as leavening agent in various processed foods and
bakery items including noodles, pizza dough,
breads, and cakes. Rising consumption of
processed food owing to busy work schedules and
changing taste preferences will foster the
product demand. The North America bakery product
market was estimated at over USD 200 billion in
2018 and is further expected to grow. The
increasing demand for bakery products owing to
the rising consumption of multi-grain breads for
health purposes will have a positive impact on
market growth.
4Yeast Based Fungal Proteins Market, 2019 2026
(Million USD)
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