ABSTRACT
The Turkey Tail mushroom, also known scientifically as Trametes versicolor, is a type of polypore medicinal fungus that may be found growing on tree trunks worldwide. Even though T. versicolor is one of the white-rot fungi studied the most extensively, the commercial applications of this fungus and its metabolic products are still in their infancy. The industrial application of T. versicolor is the focus of this study. The main goal is to demonstrate both the opportunities and the challenges associated with this application, including the fundamentals of a circular bio-economy. The utilization of this fungus can make a considerable contribution toward the starting stages of the valorization of lignocellulosic waste biomass and industrial lignocellulose wastes. This chapter also focuses on the various approaches that can be taken in order to cultivate T. versicolor, as well as their enzyme production and biotransformation processes for the manufacture of food and feed, the handling of wastewater, and the production of biofuel, with an emphasis on the obstacles that can be encountered and the potential avenues that can be pursued.
