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Fungal Protein Market Share

  • Report ID: GMI4770
  • Published Date: Jul 2024
  • Report Format: PDF

Fungal Protein Market Share

Companies, including Angel Yeast, Kerry Group, Leiber, DSM, Lallemand, Inc., Synergy Flavors, and Biospringer, are expanding their footprint through strategic investments and innovative product development. By leveraging partnerships with biotechnology firms and scaling up production capabilities, they aim to meet the rising demand for sustainable protein sources. This proactive approach enhances market penetration and drives research into novel fungal strains and extraction methods, ensuring a diverse range of high-quality products for various applications across the food, feed, and pharmaceutical industries.
 

Furthermore, companies prioritize investments in marketing and distribution channels, recognizing their pivotal role in expanding market reach. They strategically deploy consumer education and brand awareness campaigns to highlight the nutritional benefits and environmental advantages of fungal proteins. This concerted effort enhances market visibility and fosters consumer trust in the effectiveness and sustainability of fungal-based protein products, thereby solidifying their position in the evolving market landscape.
 

Fungal Protein Market Companies

Prominent players operating in the fungal protein industry include:

  • Lesaffre Group
  • Angel Yeast
  • DSM
  • Kerry Group
  • Lallemand, Inc.
  • Leiber
  • Synergy Flavors
  • Biospringer 
  • Alltech
  • Halcyon Proteins
  • Thai Foods Product International Co., Ltd.
  • Sensient Technologies Corporation
  • Specialty Biotech
  • Ohly
  • Biorigin 
  • Oriental Yeast
  • Kothari Fermentation & Biochem Ltd.
  • Titan Biotech Limited Company
  • Mycotechnology, Inc.
  • Kohjin Life Sciences
  • Organika Health Products, Inc.
  • AB Mauri
  • Marlow Foods Limited
     
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of fungal protein reached USD 68.45 billion in 2023 and will witness an 8.2% CAGR between 2024 and 2032, owing to technological breakthroughs in fungal strain development.

The yeast segment in the fungal protein industry garnered USD 64.75 billion in 2023 and will cross USD 98.1 billion by 2032, attributed to its high nutritional value.

Europe market achieved USD 23.14 billion in 2023 and will expand at 7.3% CAGR from 2024 to 2032, fueled by its advanced food technology sector.

Lesaffre Group, Angel Yeast,DSM, Kerry Group, Lallemand, Inc., Leiber, Synergy Flavors, Biospringer, Alltech, Halcyon Proteins, Thai Foods Product International Co., Ltd., Sensient Technologies Corporation, Specialty Biotech, Ohly, and Biorigin among others.

Fungal Protein Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 23
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
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