Global Microbial Fermentation Alternative Protein Market Size To Exceed USD 16.81 Billion By 2035 | CAGR Of 20.06%
Category: Food & BeveragesGlobal Microbial Fermentation Alternative Protein Market Size To Exceed USD 16.81 Billion By 2035
According to a Research Report Published by Spherical Insights & Consulting, The Global Microbial Fermentation Alternative Protein Market Size is Expected to Grow from USD 2.25 Billion in 2024 to USD 16.81 Billion by 2035, at a CAGR of 20.06% during the Forecast Period 2025-2035.
Get more details on this report -
Browse key industry insights spread across 245 pages with 120 Market data tables and figures & charts from the report on the "Global Microbial Fermentation Alternative Protein Market Size, Share, and COVID-19 Impact Analysis, By Microbe Type (Bacteria, Yeast, and Fungi), By Application (Meat, Dairy, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/microbial-fermentation-alternative-protein-market
The Microbial Fermentation Alternative Protein Market Size is the industry encompassing the use of microorganisms such as yeast, algae, or fungi as a bioproduction platform for producing functional ingredients such as flavorings, enzymes, or other food processing ingredients. There is a growing trend towards the launch of a new category of fermented plant protein with an increasing health consciousness among consumers. An increasing health consciousness among consumer has enabled the food & beverage sector to potentially employ fermented plant proteins as additives for enhancing the nutrient content of their goods. Several environmental benefits offered by alternative protein sources, including reduced greenhouse gas emissions, lower land & water usage, and potential for biodiversity preservation, are driving the microbial fermentation alternative protein market. On the contrary, the high production cost and regulatory challenges are responsible for hampering the market for microbial fermentation alternative protein.
The yeast segment dominated the microbial fermentation alternative protein market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the microbe type, the microbial fermentation alternative protein market is divided into bacteria, yeast, and fungi. Among these, the yeast segment dominated the microbial fermentation alternative protein market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Yeast-derived proteins are high-quality, possessing nine kinds of amino acids required for the human body. The growing vegan population, with the increasing preference for sustainable protein sources, is driving the market demand in the yeast segment.
The dairy segment dominated the microbial fermentation alternative protein market in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the microbial fermentation alternative protein market is divided into meat, dairy, and others. Among these, the dairy segment dominated the microbial fermentation alternative protein market in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Microbial protein provides a significant portion of the amino acids that are needed for milk synthesis. The growing consumer preference for plant-based and lactose-free alternatives is contributing to propel the market.
Europe is expected to hold the majority share of the global microbial fermentation alternative protein market during the forecast period.
Get more details on this report -
Europe is expected to hold the majority share of the global microbial fermentation alternative protein market during the forecast period. Consumers changing diet preferences and lifestyle choices, as well as demand for sustainable innovative food options, are propelling the market growth. Further, several vegans and vegetarians, as well as regulatory policies, are supporting the market growth.
Asia Pacific is anticipated to grow at the fastest pace in the global microbial fermentation alternative protein market during the forecast period. The growing investment in alternative protein technology, including cell-culture-based and plant-based technology, is boosting the market growth. Further, consumer inclination towards sustainable and ethical food choices is driving the market.
North America is anticipated to hold a significant share of the microbial fermentation alternative protein market during the projected timeframe. The increasing vegan population and food technology advancements are promoting the microbial fermentation alternative protein market. Further, the ongoing improvement in the extraction and cultivation of microalgae, along with the demand for meat alternative protein sources significantly driving the market.
Major vendors in the global microbial fermentation alternative protein market are Nature's Fynd, Air Protein, MyForest Foods, Perfect Day, The EVERY Company, Motif FoodWorks, Quron, Meati Food, Change Foods, New Culture, Triton Algae Innovations, Superbrewed Foods, Noblegen, Geltor, Remilk, Lanjia Biotechnology Company, Changjin Biotechnology Company, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In February 2024, Swiss multinational Nestle SA debuted its first precision fermentation dairy protein powder, an animal-free and lactose-free whey isolate product dubbed Better Whey under the Orgain brand, which it acquired a majority stake in back in early 2022 to strengthen its foothold in the functional nutrition space.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Microbial Fermentation Alternative Protein market based on the below-mentioned segments:
Global Microbial Fermentation Alternative Protein Market, By Microbe Type
- Bacteria
- Yeast
- Fungi
Global Microbial Fermentation Alternative Protein Market, By Application
- Meat
- Dairy
- Others
Global Microbial Fermentation Alternative Protein Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Follow Us: LinkedIn | Facebook | Twitter
Need help to buy this report?