[Redding, California, October 06, 2023] – Meticulous Research, a leading market research firm, has released its latest findings on the Fungal Protein Market, projecting remarkable growth and opportunities in the sector. According to the report, the Fungal Protein Market is expected to reach USD 397.5 million by 2029, with a CAGR of 7.6% during the forecast period from 2023 to 2029. Additionally, the market is anticipated to reach 23,185.0 tons by 2029, at a CAGR of 6.2% during the same forecast period.

The steady growth of the Fungal Protein Market can be attributed to several factors, including the growing demand for allergen-free foods, increased consumption of processed foods, and rising interest in meat substitutes. However, the market also faces challenges due to undefined regulatory guidelines for fungal protein, which are expected to restrain its growth to a notable extent.

Top 10 Companies in the Fungal Protein Market: https://meticulousblog.org/top-10-companies-in-fungal-protein-market/

1. AngelYeast Co., Ltd. (China): Founded in 1986 in Hubei, China, AngelYeast specializes in yeast and yeast derivatives, including yeast extracts, baking yeasts, and seasonings. Their products serve diverse industries such as human health, plant nutrition, microbial nutrition, and beverages, with a focus on yeast proteins for human nutrition.

2. Associated British Foods plc (U.K.): Established in 1935 and headquartered in London, U.K., Associated British Foods operates in five business segments, including Ingredients. They offer fungal protein and yeast protein under the Ohly brand, catering to food, human and animal nutrition, pharmaceuticals, and other industries.

3. ENOUGH (U.K.): Founded in 2015 in Glasgow, U.K., ENOUGH is a biotechnology company addressing global food sustainability challenges, aiming to revolutionize traditional protein farming.

4. Halcyon Proteins Pty. Ltd. (Australia): Founded in 1946 and headquartered in Victoria, Australia, Halcyon specializes in manufacturing specialty food ingredients. Their product range includes vegetable protein extracts, yeast extracts, soy sauces, and specialty sauces, all-natural and suitable for various applications.

5. Kerry Group Plc (Ireland): Established in 1972 and headquartered in Tralee, Ireland, Kerry Group focuses on research, development, and manufacturing of functional ingredients for the food, beverage, and pharmaceutical industries. They provide alternative proteins for various applications.

6. Koninklijke DSM N.V. (Netherlands): Founded in 1902 and headquartered in Heerlen, Netherlands, DSM is a science-based company specializing in nutrition, health, and sustainable living. They offer innovative business solutions for various sectors, including fungal protein products within the Food & Beverage segment.

7. Lallemand Inc. (Canada): Founded in 1915 in Montreal, Canada, Lallemand engages in the development, production, and marketing of yeasts, bacteria, and their derivatives, catering to diverse industries such as health, nutrition, baking, brewing, and biofuels.

8. Lesaffre (France): Established in 1853 and headquartered in Marcq-en-Baroeul, France, Lesaffre specializes in fermentation technologies and biotechnology. They offer yeast proteins, yeast extracts, and yeast-based flavors through subsidiaries.

9. Mycorena AB (Sweden): Founded in 2017 in Gothenburg, Sweden, MYCORENA produces fungi-based alternative proteins, particularly Promyc, a mycoprotein ingredient for vegan food products.

10. Oriental Yeast Co., Ltd. (Japan): Established in 1929 in Tokyo, Japan, Oriental Yeast manufactures and sells yeast and laboratory animals, supplying various industries with yeast for diverse applications.

These companies play a significant role in shaping the market's landscape and are actively involved in providing innovative solutions to meet the growing demand for fungal proteins.

Top 10 Companies in the Fungal Protein Market: https://meticulousblog.org/top-10-companies-in-fungal-protein-market/

Meticulous Research's report offers comprehensive insights into each of these companies, including recent financial performance, key products, significant company strategies, and partnerships and acquisitions. Furthermore, the report provides global market size estimates, market share analysis, revenue figures, and coverage of key issues and trends.

For more detailed information on the Fungal Protein Market and a comprehensive analysis of the key players, refer to Meticulous Research®’s authoritative report titled "Fungal Protein Market – Global Opportunity Analysis and Industry Forecast (2023-2029)."

About Meticulous Research®
Meticulous Research® is a prominent market research and consulting firm dedicated to providing high-quality market intelligence reports and solutions to its clients. With deep industry expertise and advanced technologies, the company delivers actionable insights and strategic guidance to help businesses make informed decisions.

Contact Us:
Meticulous Research®
Email- [email protected]
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research