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.
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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.
Products Covered in Fungal Protein Market
• Yeast
• Fusarium Venenatum
Applications Covered:
• Food & Beverages
• Animal Nutrition
• Pharmaceutical
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