Fungal Protein Market Revenue Analysis & Forecast Till 2032

1
Fungal Protein Market Size to Cross 115 Mn by
2032
2
Overview of Fungal Protein Market

• The fungal protein market is expected to register
  massive growth through 2032, owing to the rising
  cosmeceuticals industry, especially in Latin
  America. Mexico, Colombia, Chile, and Brazil are
  among Latin America's most dynamic and robust
  beauty markets. Besides, consumers in this region
  are willing to pay a considerable amount for skin
  and hair care products that offer high
  performance, which will further boost market
  expansion in the future.
• In addition, the growing demand for health
  supplements on account of the rising health
  ailments, especially in the MEA region, will
  significantly influence the fungal protein market
  growth in the coming years. As per credible
  reports, more than 60 of Emiratis are
  overweight, and almost 24 of men and 40 of
  women aged above 15 are obese. Hence, changing
  lifestyle habits and lack of education regarding
  weight management are some critical factors that
  are slated to propel the demand for health
  supplements, thereby positively impacting the
  fungal protein industry growth in the coming
  years.

3
Continue

• The key market players and product providers are
  investing in RD, establishing new plants,
  undertaking mergers, acquisitions, and
  partnerships, and unveiling new products to
  bolster their presence in the industry. Citing an
  instance, in June 2022, Lesaffre, a key global
  player in fermentation, announced its plans of
  opening a new yeast plant in Brazil to strengthen
  its presence across the region.
• In yet another instance, in September 2022, Angel
  Yeast developed dry yeast product, Premium Dry
  Yeast, to address diverse baking challenges in
  the current times. The innovative yeast complies
  with the latest requirements of baking industry
  for overall adaptability, convenience, and
  stability.
• The fusarium venenatum segment is expected to
  demonstrate considerable growth through
  2023-2032. Fusarium venenatum is used to extract
  mycoproteins, which is largely used as meat
  alternatives for burgers and patties. In
  addition, mycoprotein is a rich source of fiber
  and contains more fiber than almonds, black
  beans, chickpeas, and peanuts. It is also a high
  source of zinc, selenium, phosphorous, manganese,
  copper, and chromium and a "source" of
  riboflavin, which is expected to bolster its
  demand in the ensuing years.

4
Continue

• The Asia Pacific fungal protein market is slated
  to depict over 6 CAGR through 2032. The growth
  can be attributed to the growing use of yeast in
  animal feeds, which helps strengthen the animal
  gut health. Besides, the rising prevalence of
  bird and swine flu is slated to spur the demand
  for good quality animal nutrition products, thus
  driving regional growth throughout the estimated
  timeframe.
• Notable participants in the Fungal Protein market
  include Lesaffire Group, Angel Yeast, DSM,
  Lallemand Inc., Leiber, Synergy Flavours,
  Biospringer, Halcyon Proteins, Thai Foods Product
  International Co. Ltd., Alltech, Ohly, Sensient
  Technologies Corporation, Biorigin, Kohjin Life
  Sciences, Oriental Yeast, AB Mauri, Kothari
  Fermentation Biochem Ltd., Mycotechnology Inc.,
  Organika Health Products Inc. and Marlow Foods
  Ltd.

5
Browse Full Research Report On Fungal Protein
Market _at_ https//bit.ly/3WJpG5X Request for a
sample of this research report _at_
https//bit.ly/43iooBA
6
Stay In Touch Website www.gminsights.com Social
Media