Global Fungal Protein Market Size Study & Forecast, by Type (Yeast, Fusarium Venenatum), By Nature (Organic, Conventional), By Application (Food and beverages, Animal Nutrition, Pharmaceuticals, Others), and Regional Analysis, 2023-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Fungal Protein market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Fungal Protein market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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Global Fungal Protein Market is valued at approximately USD 187.77 million in 2022 and is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period 2023-2030. Fingal protein is a protein type that is derived from a fungi-based sustainable food source. It is found in various different application sources such as food and beverages, animal nutrition, pharmaceuticals, and others. It includes extract proteins derived from yeast and proteins made from Fusarium venenatum. It offers multiple features, including good source of proteins, vitamins, folic acid, and minerals, which makes it an ideal option for usage in both human food and beverage applications as well as animal feed. The surging demand for protein-reach food products, rising inclination towards plant-based diets, growing usage in animal feed, high consumption of allergen-free food, along with change in dietary patterns are major factors that are stipulating the market demand across the globe.
Additionally, functional foods are high in demand as a result of the rising prevalence of a range of diseases, growing health consciousness, shifting dietary needs, and consumers’ openness to trying new things. Functional foods offer additional health advantages over basic nutritional food. Fungal proteins have been used in the production of functional meals and supplements because they may have positive impacts on the immune system and cholesterol levels. As per Statista, in 2021, the global functional food and beverage sector was estimated to be worth around USD 281.14 billion, which is anticipated to grow and reach USD 529.66 billion by 2028. Hence, the surging demand for functional foods & beverages is playing a vital role in the growth of the Fungal Protein Market during the estimated period. Moreover, the increasing demand for meat substitutes, as well as the rising use of yeast extract in the processed food industry present various lucrative opportunities over the forecasting years. However, the imposition of stringent government regulations regarding various ingredients and the quality of ingredients used in the products, along with the availability of alternatives are challenging the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Fungal Protein Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising preference for the adoption of healthy products, increasing application in the pharmaceutical industry, and growing consumption of meat substitutes. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecasting years. The development of the cosmeceuticals industry, high demand for health supplement and protein-rich food, as well as rising focus on the sustainable and eco-friendly production are significantly propelling the market demand across the region.
Major market players included in this report are:
- Cayman Chemical Company
- Chihon Biotechnology Co., Ltd.
- Duke Thomson’s India Pvt. Ltd
- DuPont de Nemours, Inc.
- Galactic
- Mayasan Biotech
- Merck Group
- Royal DSM
- Santa Cruz Biotechnology, Inc
- Siveele B.V.
Recent Developments in the Market:
In March 2022, Jimmy Joy – a food company pioneering nutritionally complete sustainable meals unveiled the introduction of the fungi-based complete meal. The company stated that they are including Mycofood (fungi-based protein) in their Plenny Shake Active range by collaborating with Eternal – one of the leading biotech companies producing fungi-based protein.
Global Fungal Protein Market Report Scope:
Historical Data: 2020 – 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, Nature, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Yeast
- Fusarium Venenatum
By Nature:
- Organic
- Conventional
By Application:
- Food and beverages
- Animal Nutrition
- Pharmaceuticals
- Others
What our report offers:
- Executive Summary: A concise overview of the report, highlighting the main points, key findings, and recommendations.
- Introduction: Sets the context for the report by explaining the purpose, scope, and objectives. It may also include background information on the topic.
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- Findings/Results: Presents the main information, data, and analysis related to the topic. It may include charts, graphs, tables, or other visual aids to support the findings.
- Analysis and Interpretation: Provides an in-depth examination and interpretation of the findings. It may involve comparing data, identifying trends, and drawing conclusions based on the evidence presented.
- Discussion: Explores the implications and significance of the findings within the broader context. This section may address challenges, opportunities, and potential solutions related to the subject matter.
- Recommendations: Offers actionable suggestions based on the analysis and findings of the report. Recommendations should be specific, feasible, and linked to the report’s objectives.
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- Appendices: Supplementary materials such as additional data, charts, or supporting documents that are relevant to the report but not included in the main body.
- Conclusion: Summarizes the key points discussed in the report and reinforces the main findings.
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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- What are the key drivers influencing market growth?
- What are the major challenges or constraints faced by market participants?
- What are the emerging trends and opportunities in the market?
- Who are the major competitors in the market and what is their market share?
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- What are the regional or geographic trends and variations within the market?
- What are the regulatory and legal factors impacting the market?
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Key Points Covered in Fungal Protein Market Report:
Table of Contents
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Fungal Protein Market, by Region, 2020-2030 (USD Million)
1.2.2. Fungal Protein Market, by Type, 2020-2030 (USD Million)
1.2.3. Fungal Protein Market, by Nature, 2020-2030 (USD Million)
1.2.4. Fungal Protein Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fungal Protein Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fungal Protein Market Dynamics
3.1. Fungal Protein Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing consumption of allergen-free food
3.1.1.2. Surging demand for functional foods & beverages
3.1.2. Market Challenges
3.1.2.1. Imposition of stringent government regulations
3.1.2.2. Availability of alternatives
3.1.3. Market Opportunities
3.1.3.1. Increasing demand for meat substitutes
3.1.3.2. Rising use of yeast extract in the processed food industry
Chapter 4. Global Fungal Protein Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
……..and view more in complete table of Contents
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