Press release
Mycoprotein Market In-Depth Analysis of Industry Share, Size at 5.7% CAGR, Growth Outlook up to 2029 with Top Countries Data
The Global Mycoprotein Market is forecast to reach USD 948.86 million by 2029 by rising at a compound annual growth rate (CAGR) of 5.7% throughout the forecast period from 2022 To 2029Mycoprotein Market Overview
Rising disease rates raise consumer awareness of health and fitness, which is expected to fuel the market for mycoprotein products. A favourable effect on the expansion of the global economy has also been had by the quickly developing food service sectors and the appealing marketing and promotion strategies employed by vegetarian firms.
Additionally, due to the health advantages that mycoprotein products provide, consumption is on the rise. They have a high nutritional content and are good for cholesterol. Products containing mycoprotein are also thought to aid in weight management since they promote a feeling of fullness. The market for mycoprotein products is anticipated to experience strong development opportunities as a result of all these factors.
The global Mycoprotein market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
3F BIO Ltd, a Scottish company dedicated to sustainable protein production, has invested a sum of around £ 461,000 to allow it to expand its development operations for sustainable protein development. Moreover, the company along with a consortium of nine other partners, has announced the launch of a project (known as ' PLENITUDE ') to construct a first-of-its-kind, large-scale, embedded biorefinery plant to generate low-cost, viable food proteins.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Mycoprotein market manufacturers. The revenue created from the sales of Mycoprotein Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are 3F Bio Ltd, General Mills, Marlow Foods Ltd, MycoTechnology, Inc., Temasek Holdings, Tyson Ventures and Others.
The Mycoprotein Market has been segmented as below:
Mycoprotein Market by Type, 2020-2029, (USD Million) (Kilotons)
Feed Grade Mycoprotein
Food Grade Mycoprotein
Mycoprotein Market by Application, 2020-2029, (USD Million) (Kilotons)
Meat Alternatives
Pet Food
Feed
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Mycoprotein Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Mycoprotein market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Mycoprotein Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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