PUBLISHER: Lucintel | PRODUCT CODE: 1538376
PUBLISHER: Lucintel | PRODUCT CODE: 1538376
Fungal Protein Trends and Forecast
The future of the global fungal protein market looks promising with opportunities in the food & beverage, animal nutrition, and pharmaceutical markets. The global fungal protein market is expected to reach an estimated $4.8 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are growing acceptance of substitute protein sources, expanding consumption of processed foods, and increasing consumer inclination towards high-quality and eco-friendly products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fungal Protein by Segment
The study includes a forecast for the global fungal protein by nature, type, application, and region.
List of Fungal Protein Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fungal protein companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fungal protein companies profiled in this report include-
Fungal Protein Market Insights
Lucintel forecasts that organic is expected to witness higher growth over the forecast period.
Within this market, food & beverage is expected to witness the highest growth over the forecast period.
Europe will remain the largest region over the forecast period.
Features of the Global Fungal Protein Market
Market Size Estimates: Fungal protein market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fungal protein market size by nature, type, application, and region in terms of value ($B).
Regional Analysis: Fungal protein market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different natures, types, applications, and regions for the fungal protein market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fungal protein market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the fungal protein market size?
Answer: The global fungal protein market is expected to reach an estimated $4.8 billion by 2030.
Q2. What is the growth forecast for fungal protein market?
Answer: The global fungal protein market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fungal protein market?
Answer: The major drivers for this market are growing acceptance of substitute protein sources, expanding consumption of processed foods, and increasing consumer inclination towards high-quality and eco-friendly products.
Q4. What are the major segments for fungal protein market?
Answer: The future of the fungal protein market looks promising with opportunities in the food & beverage, animal nutrition, and pharmaceutical markets.
Q5. Who are the key fungal protein market companies?
Answer: Some of the key fungal protein companies are as follows:
Q6. Which fungal protein market segment will be the largest in future?
Answer: Lucintel forecasts that organic is expected to witness higher growth over the forecast period.
Q7. In fungal protein market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.