Mycoprotein Market: A Rising Star in the Plant-Based Food Industry By 2031 | Most Leading Companies - 3fbio Ltd, Quorn Foods (Marlow Foods Limited) and MycoTechnology, Inc

The Global Mycoprotein Market shares, recent trends, and market player analysis. The market is estimated to reach at a CAGR of 5.5% during the forecast period 2024-2031

Mycoprotein Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Mycoprotein is a high-quality protein derived from fungi, typically grown through the fermentation of Fusarium venenatum, a naturally occurring fungus. It is used as a meat alternative in plant-based foods due to its rich protein content, texture, and nutritional benefits.

List of the Key Players in the Mycoprotein Market:

3fbio Ltd, Quorn Foods (Marlow Foods Limited) and MycoTechnology, Inc.

Industry Development:

The UK's largest supermarket has committed to increasing sales of meat alternatives by 300% by 2025. In June 2018, Waitrose Limited introduced dedicated vegan sections in over 130 stores, following a 60% expansion of its vegan and vegetarian product range.

A survey conducted in January 2021 by OnePoll, commissioned by Sprouts Farmers Market, revealed that 47% of 2,000 American respondents identified as flexitarians. The survey also found significant generational differences, with only 6% of baby boomers following a flexitarian diet, compared to 13% of Generation Z and 10% of Generation X. Additionally, the flexitarian trend has gained momentum through campaigns like Veganuary and Meatless Mondays in the UK. In 2018, one in three (34%) people in the UK identified as flexitarian, up from 28% in 2017.

Growth Forecast Projected:

The Global Mycoprotein Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Mycoprotein Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Mycoprotein Market:

By Type: Frozen, Unfrozen

By Distribution Channel: Supermarkets, Convenience Stores, Online Sales

Regional Analysis for Mycoprotein Market:

The regional analysis of the Mycoprotein Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Mycoprotein market?

➠ Who are the leading manufacturers in the global Mycoprotein industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Mycoprotein industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Mycoprotein market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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