Global fungal enzyme market size was valued at USD 2.4 billion in 2024. The market is projected to grow from USD 2.6 billion in 2025 to USD 4.3 billion by 2032, exhibiting a CAGR of 7.5% during the forecast period. Fungal enzymes serve as biocatalysts with unparalleled specificity, enabling breakthroughs in waste valorization and precision fermentation. Their eco-friendly profile has gained...

Precision fermentation uses engineered microorganisms — usually yeast, bacteria, fungi, or algae — as microscopic production hosts to make one specific ingredient, such as a milk protein, an enzyme, or a fat, instead of growing an entire animal or crop to get it. The result is a protein that is molecularly identical to its conventional counterpart, which is why precision-fermented...