Mushroom Protein Market Worth of 397.5 Million {Dollars} by 2029 –

Redding, California, June 22, 2022 (GLOBE NEWSWIRE) — In response to a brand new market analysis report, ‘Mushroom Protein Market By Species (Fusarium Venenatum Extract Protein, Mushroom Protein, Yeast Extract Protein), Utility (Meals & Drinks {Drinks, Bakeries}, Animal Diet {Poultry, Aquafeed}, Prescription drugs, Different Purposes) and Geography – World Forecast to 2029 ,’ The mushroom protein market is predicted to develop at a 7.6% CAGR from 2022 to 2029 and attain $397.5 million by 2029.

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Mushroom-based protein is changing into fashionable amid the rising want for high-protein meals merchandise. Rising well being consciousness, elevated consumption of processed meals and rising demand for meals with greater protein content material are the primary drivers of the worldwide mushroom protein market. Shoppers are turning to sustainable protein sources by rising the demand for different proteins. Animal-based protein sources require quite a lot of sources and negatively have an effect on the setting because of greenhouse fuel emissions.

Impression of COVID-19 on Mushroom Protein Market

The outbreak of the COVID-19 pandemic has created a medical emergency, rising the market demand for well being meals merchandise and hygiene and medical merchandise. The pandemic has additionally boosted gross sales of wholesome processed meals merchandise. Nevertheless, gross sales of packaged meals, bakery merchandise and meat merchandise have decreased and the demand for yeast extract has decreased considerably in these sectors. As yeast can also be used within the cosmetics and private care industries, demand for these industries’ merchandise has additionally decreased, leading to decreased progress of the yeast extract market in 2020 and early 2021. provide chain of yeast extract corporations.

Robust world considerations concerning the pandemic have negatively impacted the worldwide mushroom protein market. Additionally, costs of snack merchandise elevated in 2020 to beat financial instability because of excessive demand and low provide traits. Quite the opposite, interruptions within the provide chain throughout delivery may cause momentary shortages in provide and put upward strain on costs within the quick time period.

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Fungal protein market, by kind (fusarium venenatum extract protein, fungal protein and yeast extract protein), by utility (meals and beverage {drinks, bakery, different meals and beverage merchandise}), animal vitamin (poultry feed, swine feed, aquaculture) , et al}, medicines and different purposes) and geography (North America, Europe, Asia-Pacific, Latin America, Center East and Africa). The research additionally assesses rivals within the business and analyzes regional and country-level markets.

By kind, the mushroom protein market is segmented into yeast, fusarium venenatum and mushroom sap protein. The yeast extract protein phase is projected to develop on the highest CAGR over the forecast interval because of elevated adoption of yeast extract in packaged meals, together with frozen dinners, crackers, snacks, gravy and inventory.

Relying on the appliance, the mushroom protein market is categorized into meals and beverage, animal feed, pharmaceutical and different purposes. In 2022, the meals and beverage phase is projected to carry the biggest share of the worldwide mushroom protein market. A big share of this phase is attributed to the rising world meals and beverage business, elevated demand for mycoprotein because of its ldl cholesterol and satiety advantages and dietary composition, and elevated demand for meat substitutes. As well as, rising client demand for wholesome merchandise is additional driving the demand for mushroom protein within the meals and beverage business.

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Based mostly on geography, the mushroom protein market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Center East and Africa. In 2022, Europe is predicted to have the biggest share of the worldwide mushroom protein market, adopted by North America, Asia-Pacific, Latin America and the Center East and Africa. A lot of this market is attributed to the increasing vegan tradition, the continued protests towards animal cruelty, and the big variety of health-conscious shoppers. As well as, elements such because the rising demand for processed meals because of altering client habits, the rising desk work tradition and the shortage of time to prepare dinner wholesome meals additional improve the demand for mushroom protein within the area.

A few of the key gamers working within the mushroom protein market are Koninklijke DSM NV (Netherlands), Related British Meals plc (UK), Lesaffre Group (France), Kerry Group plc (Eire), Lallemand Inc. (Canada), Oriental Yeast Co. ., Ltd. (Japan), Halcyon Proteins Pty. Ltd. (Australia), AngelYeast Co., Ltd. (China), Van Wankum Supplies BV (Netherlands) and MYCORENA AB (Sweden), amongst others.

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Scope of the Report:

Mushroom Protein Market by Sort

  • Fusarium Poisonous Protein Extract
  • mushroom protein
  • Yeast Extract Protein

Mushroom Protein Market by Utility

  • Meals and drinks
    • Drinks
    • Bakery
    • Different Meals and Drinks
  • To feed animal
    • hen feed
    • Pig Feed
    • water provide
    • Others
  • Medication
  • Different apps

Mushroom Protein Market by Geography

  • North America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • remainder of europe
  • Asia Pacific
    • Chinese language
    • Japan
    • India
    • Australia
    • remainder of Asia-Pacific
  • Latin America
  • Center East and Africa

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