Mycoprotein Products Market Size & Share

The mycoprotein products market size reached US$ 308.6 Mn in 2023. Looking forward, Reports and Insights expects the market to reach US$ 721.7 Mn by 2032, exhibiting a growth rate (CAGR) of 9.9% during 2024-2032.
Mycoprotein products, derived from the filamentous fungus Fusarium venenatum, offer sustainable and protein-rich alternative to conventional meat-based products. These products are known for high protein content, low saturated fat, and low environmental footprint. Mycoprotein can be processed into various forms, including meat substitutes, nuggets, and burgers, catering to diverse dietary preferences. The market players offer range of mycoprotein-based solutions from brands such as Quorn, offering plant-based protein options that align with health-conscious and environmentally aware consumer choices. With increasing demand for sustainable protein sources, mycoprotein products provide viable solution for those seeking nutritious, planet-friendly alternatives to meat.