Fungal Protein Market Size, Share, Growth Analysis, By Type(Yeast, Fusarium Venenatum), By Application(Food & Beverages, Animal Nutrition, Pharmaceuticals, other), By Nature(Organic, Conventional), By Region - Industry Forecast 2024-2031

Fungal Protein Market Driver

Growing Need for Meat Alternatives

• New food ingredients from alternative sources have been created in response to the rapidly increasing need for protein and meat alternatives worldwide. Protein producers are currently coming up with creative solutions to meet the expanding demand for alternative proteins. There has been an increase in interest in creating and manufacturing plant- and cell-based substitutes for farmed meat during the past ten years. Meat substitutes are items made from fungi that taste and look like meat and may be a major factor in encouraging dietary change. Since heavy meat consumption is becoming more and more criticised for its ethical and environmental implications, there is growing interest in how plant-based and fungal protein might meet the growing need for protein from non-meat sources.

Fungal Protein Market Restraint

Rising Health Concerns

• Numerous research focus on processed meat to demonstrate the link between the intake of these items and health issues. Red meat is a likely carcinogen and processed meat is a carcinogen that causes cancer, according to the International Agency for Research on Cancer (IARC). Because of this, the American Cancer Society advises against eating a lot of processed food and red meat. Beans are suggested as a healthier alternative to red and processed meat in the American Cancer Society's Guidelines on Nutrition and Physical Activity for Cancer Prevention. Alternative meat sources have less saturated fat than meat (higher saturated fat intake is linked to an increased risk of heart disease). A sustainable food source based on fungi, fungal protein has very low levels of cholesterol and saturated fat and is obtained from fungi.