Press release
2023 Mycelium Market Report: Size, Share, Growth, Trends, Demand, Insights And Forecast Up To 2032
Mycelium Market
Mycelium Market Size, Growth Rate, And Forecast
The global mycelium market size is expected to grow from $2.61 billion in 2022 to $2.86 billion in 2023 at a compound annual growth rate (CAGR) of 9.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global mycelium market size is expected to reach $3.95 billion in 2027 at a CAGR of 8.4%.
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Mycelium Market Drivers
The increasing demand from end users such as the food industry is expected to propel the growth of the mycelium market going forward. The food industry refers to all businesses that handle the processing, packaging, and distribution of uncooked food. Mycelium is used in various food products as it can produce natural flavors, and consumers increasingly seek natural and sustainable alternatives to synthetic flavors.
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Mycelium Market Segments
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
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Mycelium Market.
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Mycelium Market Key Players
Major competitors in the Mycelium Market include Four Sigmatic, FreshCap Mushrooms, Ecovative LLC, Mushlabs GmbH, Mycelia NV, MycoWorks, MycoTechnology Inc., Mycotech Lab, Groundwork BioAg Ltd., Magical Mushroom Company, Mushroom Material Limited, Botaniex Inc., Norwegian Mycelium AS, Scelta Mushrooms BV, and GROWN bio
The Business Research Company's "Global Mycelium Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Mycelium Market Include:
1. Executive Summary
2. Mycelium Market Characteristics
3. Mycelium Market Trends And Strategies
4. Mycelium Market - Macro Economic Scenario
5. Mycelium Market Size And Growth
.......
26. Africa Mycelium Market
27. Mycelium Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mycelium Market
29. Mycelium Market Future Outlook and Potential Analysis
30. Appendix
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