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Mycoprotein Market Size, Trends, Analysis, and Outlook By Form (Minced, Slices), By Sales Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Stores), By Type (Feed Grade, Food Grade), by Country, Segment, and Companies, 2024-2032

October 2024 | 190 pages | ID: MF025C0C0B59EN
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Global Mycoprotein Market Size is valued at $1.1 Billion in 2024 and is forecast to register a growth rate (CAGR) of 7.7% to reach $2 Billion by 2032.

The mycoprotein market is poised for substantial growth as consumers increasingly seek sustainable and plant-based protein sources. Mycoprotein, derived from fungi, offers a complete protein profile and is gaining popularity among health-conscious individuals and vegetarians. The trend towards clean-label products is influencing market dynamics, as consumers prioritize natural ingredients without artificial additives. Additionally, the rise of meat alternatives and the growing demand for eco-friendly food options are propelling market expansion, as mycoprotein is positioned as a versatile ingredient for meat substitutes, snacks, and ready-to-eat meals.

Mycoprotein Market Drivers, Trends, Opportunities, and Growth Opportunities

The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Mycoprotein survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Mycoprotein industry.

Key market trends defining the global Mycoprotein demand in 2025 and Beyond

The Mycoprotein industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.

Mycoprotein Market Segmentation- Industry Share, Market Size, and Outlook to 2032

Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.

Key strategies adopted by companies within the Mycoprotein industry

Leading Mycoprotein companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Mycoprotein companies.

Mycoprotein Market Study- Strategic Analysis Review

The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.

- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.

- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.

- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.

- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Mycoprotein Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Mycoprotein industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Mycoprotein Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Mycoprotein Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Mycoprotein market segments. Similarly, strong market demand encourages Canadian Mycoprotein companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Mycoprotein Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.

The German Mycoprotein industry remains the major market for companies in the European Mycoprotein industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Mycoprotein market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.

Asia Pacific Mycoprotein Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Mycoprotein in Asia Pacific. In particular, China, India, and South East Asian Mycoprotein markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Mycoprotein Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Mycoprotein Market Size Outlook- continues its upward trajectory across segments.

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Mycoprotein market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Mycoprotein.

Mycoprotein Company Profiles

The global Mycoprotein market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are 3F Bio Ltd, Atlast Food Co, Beyond Meat Inc, General Mills Inc, Impossible Foods Inc, Kernel Mycofoods, Marlow Foods Ltd, Marlow Foods Ltd, MycoTechnology Inc, Quorn Foods, Shouguang Ftl Bio. Co. Ltd, Symrise AG, Temasek Holdings, Tyson Ventures, Yutong Industrial Co. Ltd.

Recent Mycoprotein Market Developments

The global Mycoprotein market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Mycoprotein Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Form

Minced

Slices

By Sales Channel

Supermarkets/Hypermarkets

Convenience Stores

Specialty Stores

Online Stores

By Type

Feed Grade

Food Grade

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

3F Bio Ltd

Atlast Food Co

Beyond Meat Inc

General Mills Inc

Impossible Foods Inc

Kernel Mycofoods

Marlow Foods Ltd

Marlow Foods Ltd

MycoTechnology Inc

Quorn Foods

Shouguang Ftl Bio. Co. Ltd

Symrise AG

Temasek Holdings

Tyson Ventures

Yutong Industrial Co. Ltd

Formats Available: Excel, PDF, and PPT
CHAPTER 1: EXECUTIVE SUMMARY

1.1 Study Scope
1.2 Market Definition
1.3 Report Guide
  1.3.1 Country Coverage
  1.3.2 Companies Profiled
  1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
  1.3.4 Units
1.4 Abbreviations

CHAPTER 2. MYCOPROTEIN MARKET OVERVIEW- 2025

2.1 An Introduction to the Global Mycoprotein Markets
2.2 Key Statistics
2.3 Region Benchmarking, 2024
2.4 Country Positioning Matrix, 2024

CHAPTER 3. STRATEGIC ANALYSIS REVIEW

3.1 Mycoprotein Industry Stakeholders
3.2 Value Chain Analysis
3.3 Porter’s Five Forces Analysis
3.4 SWOT Profile
3.5 Recent Market Developments

CHAPTER 4. IMPACT ANALYSIS AND SCENARIO FORECASTS

4.1 Russia-Ukraine Conflict Analysis
4.2 COVID-19: Post Pandemic Recovery Analysis
4.3 US Inflation and Sluggish Growth in China
4.4 Focus on Sustainability
4.5 Low Growth Case Scenario: Global Mycoprotein Market Outlook to 2032
4.6 Reference Case Scenario: Global Mycoprotein Market Outlook to 2032
4.7 High Growth Case Scenario: Global Mycoprotein Market Outlook to 2032

CHAPTER 5: MYCOPROTEIN MARKET DYNAMICS

5.1 Key Mycoprotein Market Trends
5.2 Potential Mycoprotein Market Opportunities
5.3 Key Market Challenges

CHAPTER 6: GLOBAL MYCOPROTEIN MARKET ANALYSIS AND OUTLOOK TO 2032

6.1 Global Market Outlook by Segments, 2021 to 2032
6.2 Form
Minced
Slices
Sales Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Type
Feed Grade
Food Grade
6.3 Global Market Outlook by Region, 2021 to 2032

CHAPTER 7: NORTH AMERICA MYCOPROTEIN MARKET ANALYSIS AND OUTLOOK TO 2032

7.1 North America Market Outlook by Segments, 2021- 2032
7.2 Form
Minced
Slices
Sales Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Type
Feed Grade
Food Grade
7.3 North America Market Outlook by Country, 2021- 2032
  7.3.1 United States Mycoprotein Market Size Forecast, 2021- 2032
  7.3.2 Canada Mycoprotein Market Size Forecast, 2021- 2032
  7.3.3 Mexico Mycoprotein Market Size Forecast, 2021- 2032

CHAPTER 8: EUROPE MYCOPROTEIN MARKET ANALYSIS AND OUTLOOK TO 2032

8.1 Europe Market Outlook by Segments, 2021- 2032
8.2 Form
Minced
Slices
Sales Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Type
Feed Grade
Food Grade
8.3 Europe Market Outlook by Country, 2021- 2032
  8.3.1 Germany Mycoprotein Market Size Forecast, 2021- 2032
  8.3.2 France Mycoprotein Market Size Forecast, 2021- 2032
  8.3.3 United Kingdom Mycoprotein Market Size Forecast, 2021- 2032
  8.3.4 Spain Mycoprotein Market Size Forecast, 2021- 2032
  8.3.5 Italy Mycoprotein Market Size Forecast, 2021- 2032
  8.3.6 Russia Mycoprotein Market Size Forecast, 2021- 2032
  8.3.7 Rest of Europe Mycoprotein Market Size Forecast, 2021- 2032

CHAPTER 9: ASIA PACIFIC MYCOPROTEIN MARKET ANALYSIS AND OUTLOOK TO 2032

9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
9.2 Form
Minced
Slices
Sales Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Type
Feed Grade
Food Grade
9.3 Asia Pacific Market Outlook by Country, 2021- 2032
  9.3.1 China Mycoprotein Market Size Forecast, 2021- 2032
  9.3.2 India Mycoprotein Market Size Forecast, 2021- 2032
  9.3.3 Japan Mycoprotein Market Size Forecast, 2021- 2032
  9.3.4 South Korea Mycoprotein Market Size Forecast, 2021- 2032
  9.3.5 Australia Mycoprotein Market Size Forecast, 2021- 2032
  9.3.6 South East Asia Mycoprotein Market Size Forecast, 2021- 2032
  9.3.7 Rest of Asia Pacific Mycoprotein Market Size Forecast, 2021- 2032

CHAPTER 10: SOUTH AMERICA MYCOPROTEIN MARKET ANALYSIS AND OUTLOOK TO 2032

10.1 South America Market Outlook by Segments, 2021- 2032
10.2 Form
Minced
Slices
Sales Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Type
Feed Grade
Food Grade
10.3 South America Market Outlook by Country, 2021- 2032
  10.3.1 Brazil Mycoprotein Market Size Forecast, 2021- 2032
  10.3.2 Argentina Mycoprotein Market Size Forecast, 2021- 2032
  10.3.3 Rest of South America Mycoprotein Market Size Forecast, 2021- 2032

CHAPTER 11: MIDDLE EAST AND AFRICA MYCOPROTEIN MARKET ANALYSIS AND OUTLOOK TO 2032

11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
11.2 Form
Minced
Slices
Sales Channel
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Type
Feed Grade
Food Grade
11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
  11.3.1 Saudi Arabia Mycoprotein Market Size Forecast, 2021- 2032
  11.3.2 The UAE Mycoprotein Market Size Forecast, 2021- 2032
  11.3.3 Rest of Middle East Mycoprotein Market Size Forecast, 2021- 2032
  11.3.4 South Africa Mycoprotein Market Size Forecast, 2021- 2032
  11.3.4 Rest of Africa Mycoprotein Market Size Forecast, 2021- 2032

CHAPTER 12: COMPETITIVE LANDSCAPE

12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
12.2 Key Companies Profiled in the Study
12.3 3F Bio Ltd
Atlast Food Co
Beyond Meat Inc
General Mills Inc
Impossible Foods Inc
Kernel Mycofoods
Marlow Foods Ltd
Marlow Foods Ltd
MycoTechnology Inc
Quorn Foods
Shouguang Ftl Bio. Co. Ltd
Symrise AG
Temasek Holdings
Tyson Ventures
Yutong Industrial Co. Ltd

CHAPTER 13: SOURCES AND RESEARCH METHODOLOGY

13.1 Primary and Secondary Sources
13.2 Research Methodology
13.3 Data Triangulation and Validation
13.4 Assumptions and Limitations
13.5 Forecast Methodology
Appendix
A: Highlights of the Q4-2024 Version
B: Conclusion and Future Recommendations
C: Customization Options
D: Contact Information

LIST OF FIGURES

Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
Figure 3: Population Outlook by Country, 2010- 2032
Figure 4: Inflation Outlook by Country (%), 2024- 2032
Figure 5: Global Mycoprotein Market Outlook by Type, 2021- 2032
Figure 6: Global Mycoprotein Market Outlook by Application, 2021- 2032
Figure 7: Global Mycoprotein Market Outlook by Region, 2021- 2032
Figure 8: North America Mycoprotein Market Snapshot, Q4-2024
Figure 9: North America Mycoprotein Market Size Forecast by Type, 2021- 2032
Figure 10: North America Mycoprotein Market Size Forecast by Application, 2021- 2032
Figure 11: North America Mycoprotein Market Share by Country, 2023
Figure 12: Europe Mycoprotein Market Snapshot, Q4-2024
Figure 13: Europe Mycoprotein Market Size Forecast by Type, 2021- 2032
Figure 14: Europe Mycoprotein Market Size Forecast by Application, 2021- 2032
Figure 15: Europe Mycoprotein Market Share by Country, 2023
Figure 16: Asia Pacific Mycoprotein Market Snapshot, Q4-2024
Figure 17: Asia Pacific Mycoprotein Market Size Forecast by Type, 2021- 2032
Figure 18: Asia Pacific Mycoprotein Market Size Forecast by Application, 2021- 2032
Figure 19: Asia Pacific Mycoprotein Market Share by Country, 2023
Figure 20: South America Mycoprotein Market Snapshot, Q4-2024
Figure 21: South America Mycoprotein Market Size Forecast by Type, 2021- 2032
Figure 22: South America Mycoprotein Market Size Forecast by Application, 2021- 2032
Figure 23: South America Mycoprotein Market Share by Country, 2023
Figure 24: Middle East and Africa Mycoprotein Market Snapshot, Q4-2024
Figure 25: Middle East and Africa Mycoprotein Market Size Forecast by Type, 2021- 2032
Figure 26: Middle East and Africa Mycoprotein Market Size Forecast by Application, 2021- 2032
Figure 27: Middle East and Africa Mycoprotein Market Share by Country, 2023
Figure 28: United States Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 29: Canada Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 30: Mexico Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 31: Germany Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 32: France Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 33: United Kingdom Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 34: Spain Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 35: Italy Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 36: Russia Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 37: Rest of Europe Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 38: China Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 39: India Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 40: Japan Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 41: South Korea Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 42: Australia Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 43: South East Asia Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 44: Rest of APAC Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 45: Brazil Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 46: Argentina Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 47: Rest of LATAM Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 48: Saudi Arabia Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 49: UAE Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 50: South Africa Mycoprotein Market Size Outlook, $ Million, 2021- 2032
Figure 51: Research Methodology
Figure 52: Forecast Methodology

LIST OF TABLES

Table 1: Market Scope and Segmentation
Table 2: Global Mycoprotein Market Size Outlook, $Million, 2021 to 2032
Table 3: Low Case Scenario Forecasts
Table 4: Reference Case Scenario Forecasts
Table 5: High Growth Scenario Forecasts
Table 6: Global Mycoprotein Market Size Outlook by Segments, 2021- 2032
Table 7: Global Mycoprotein Market Size Outlook by Region, 2021- 2032
Table 8: Country Mapping, 2023 vs. 2032
Table 9: North America- Mycoprotein Market Outlook by Type, 2021- 2032
Table 10: North America- Mycoprotein Market Outlook by Country, 2021- 2032
Table 11: Europe - Mycoprotein Market Outlook by Type, 2021- 2032
Table 12: Europe - Mycoprotein Market Outlook by Country, 2021- 2032
Table 13: Asia Pacific - Mycoprotein Market Outlook by Type, 2021- 2032
Table 14: Asia Pacific - Mycoprotein Market Outlook by Country, 2021- 2032
Table 15: South America- Mycoprotein Market Outlook by Type, 2021- 2032
Table 16: South America- Mycoprotein Market Outlook by Country, 2021- 2032
Table 17: Middle East and Africa - Mycoprotein Market Outlook by Type, 2021- 2032
Table 18: Middle East and Africa - Mycoprotein Market Outlook by Country, 2021- 2032
Table 19: Business Snapshots of Leading Mycoprotein Companies
Table 20: Product Profiles of Leading Mycoprotein Companies
Table 21: SWOT Profiles of Leading Mycoprotein Companies


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