Mycoprotein Meat Substitute Market

By Source;

Plants and Microorganisms and Fungi

By Form;

Liquid and Powder and Textured

By Texture;

Similar To Meat and Similar To Vegetables

By End-User;

Food & Beverages and Pharmaceuticals and Cosmetics

By Sales Channel;

Online and Offline

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn762833407 Published Date: September, 2025 Updated Date: October, 2025

Mycoprotein Meat Substitute Market Overview


Mycoprotein Meat Substitute Market

*Market size in USD million

CAGR 14.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)14.0 %
Market Size (2024)USD 327.50 Million
Market Size (2031)USD 819.49 Million
Market ConcentrationLow
Report Pages399
327.50
2024
819.49
2031

Major Players

  • Marlow Foods Ltd
  • YUTONG INDUSTRIAL CO. LIMITED
  • SHOUGUANG FTL BIO. CO., LTD
  • 3fbio Ltd
  • Arla Foods

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Mycoprotein Meat Substitute Market

Fragmented - Highly competitive market without dominant players


Mycoprotein Meat Substitute Market (USD Million)

Mycoprotein Meat Substitute Market was valued at USD 327.50 million in the year 2024. The size of this market is expected to increase to USD 819.49 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.0%.

The mycoprotein meat substitute market is growing significantly as more consumers embrace plant-based diets. Research indicates that about 59% of individuals are reducing animal protein intake in favor of sustainable alternatives. Mycoprotein, with its high protein and fiber content, is emerging as a leading choice.

Nutritional and Health Appeal
Packed with essential amino acids and naturally low in fat, mycoprotein supports wellness-focused lifestyles. More than 62% of consumers connect mycoprotein to benefits like digestive health and weight management. Its profile as a nutrient-rich food is driving its wider adoption.

Integration in Food Applications
The food industry is increasingly leveraging mycoprotein in meat-free products such as nuggets, sausages, and ready meals. Around 51% of plant-based launches now contain mycoprotein to replicate meat-like textures. Its ability to cater to both vegans and flexitarians makes it a versatile ingredient.

Innovation in Production Methods
Advancements in fermentation processes and formulation are elevating the quality of mycoprotein products. Nearly 38% of new innovations emphasize better taste, texture, and storage stability. These improvements are fueling greater consumer trust in alternative protein sources.

Future Growth Prospects
The mycoprotein meat substitute market is positioned for sustained growth as sustainability and health-consciousness rise. Close to 56% of consumers are expected to adopt meat substitutes more frequently. This positions mycoprotein as a cornerstone of the global protein shift.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Source
    2. Market Snapshot, By Form
    3. Market Snapshot, By Texture
    4. Market Snapshot, By End User
    5. Market Snapshot, By Sales Channel
    6. Market Snapshot, By Region
  4. Mycoprotein Meat Substitute Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Sustainable Protein Sources
        2. Growing Popularity of Plant-Based Diets
      2. Restraints
        1. Consumer Awareness
        2. Limited Availability
      3. Opportunities
        1. Product Development
        2. Expansion into New Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Mycoprotein Meat Substitute Market, By Source, 2021 - 2031 (USD Million)
      1. Plants
      2. Microorganisms and Fungi
    2. Mycoprotein Meat Substitute Market, By Form, 2021 - 2031 (USD Million)
      1. Liquid
      2. Powder
      3. Textured
    3. Mycoprotein Meat Substitute Market, By Texture, 2021 - 2031 (USD Million)
      1. Similar To Meat
      2. Similar To Vegetables
    4. Mycoprotein Meat Substitute Market, By End-User, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Pharmaceuticals and Cosmetics
    5. Mycoprotein Meat Substitute Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Online
      2. Offline
    6. Coriander Oil Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Quorn Foods
      2. Marlow Foods
      3. Yutong Industrial
      4. Shouguang FTL Bio
      5. 3F Bio
      6. Arla Foods
      7. Sensient Technologies
      8. Archer Daniels Midland (ADM)
      9. International Flavors & Fragrances (IFF)
      10. Tyson Foods
      11. Kerry Group
      12. Givaudan
      13. Firmenich
      14. Ingredion
      15. Ajinomoto
  7. Analyst Views
  8. Future Outlook of the Market