Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Mycelium Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Mycelium Market?
The Mycelium Global Market has experienced significant growth in recent years. The market size is predicted to increase from $3.13 billion in 2024 to $3.39 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 8.3%.
What Are the Expected Market Growth Trends for the Mycelium Market Through 2029?
In 2029, the mycelium market is projected to reach a size of $4.63 billion. The market is expected to grow at a compound annual growth rate (CAGR) of 8.1%.
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What Are the Key Business Drivers in the Mycelium Market Landscape?
The key drivers in the mycelium market are:
• Market expansion and enhancement of global reach
• Regulatory developments beneficial for the market
• Innovative applications of mycelium products
• Increase in production capacities and consumer education and awareness
How Is the Mycelium Market Divided Across Key Categories?
The myceliummarket covered in this report is segmented –
1) By Product Type: Pre-Formed Product, Powder, Capsules, Tablets, Other Product Types
2) By Nature: Raw, Processed
3) By Application: Food And Beverage, Packaging, Clothing And Apparel, Animal Feed, Other Applications
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What Are the Ongoing Trends in the Mycelium Market?
The key trends in the mycelium market are:
• Biodegradable packaging is an emerging trend in the mycelium market.
• The use of mycelium for the construction of materials is also on the rise.
• Mycelium has growing potential to disrupt the textile industry.
• Considered an alternative protein source and used in medicinal applications are emerging trends.
Which Companies are Expanding in the Mycelium Industry?
Major players in the mycelium market are:
• Ecovative Design LLC
• MycoWorks Inc.
• Bolt Threads Inc.
• MycoTechnology Inc.
• Grown Bio BV
• Mogu S.r.l.
• Mushroom Material LLC
• Mycelia BVBA
• Atlast Food Co.
• Biohm
• Reishiworks LLC
• Mycelium Materials Europe
• Circular Systems S.P.C.
• BioFab LLC
• Krown Design
• NEFFA BV
• Fungi Perfecti LLC
• Ecovative LLC
• Mycotech Lab
• BioMason
• BioZatec GmbH
• Ecovative Design Holdings Inc.
• Mycelium Leather GmbH
• Dellaterra LLC
• KAIROS Biotech
• Ecovative Design Corporation
• Mycelia NV
• Re-Mycelium
• MycoFutures LLC
• MushLabs
Which is the Largest Region the Global Mycelium Market?
North America was the largest region in the mycelium market in 2024
