Press release
Mycelium Market is on an Upward Growth Curve
According to the most recent research by InsightAce Analytic, the global mycelium market was worth $2.95 billion in 2021 and is projected to reach $5.49 billion by 2030, expanding at a CAGR of 7.3% from 2022 to 2030.
Request for Sample Pages:
https://www.insightaceanalytic.com/request-sample/1219
Mycelium is present in unicellular and multicellular organisms, such as yeast and mushrooms. Mycelium is the root structure of fungi, consisting of branch mass and hyphae. Pure mycelium materials are entirely biodegradable and compostable at home, without adding plastic or fibre. These mycelium-based materials are eco-friendly alternatives to plastics and leather.
The growth of the mycelium industry is anticipated to be driven by factors such as the rising demand for natural ingredients and flavours in culinary products and the expansion of government initiatives to develop mycelium-based, green and eco-friendly products and packaging solutions. Moreover, efforts to reduce the use of non-biodegradable materials, the rapid adoption of eco-friendly technologies, the fast production of flavoured mycelium compared to traditional, time-consuming methods, and the high public preference for organic, natural, plant-based ingredients in food products is anticipated to create lucrative market growth opportunities over the forecast period. Due to the growing demand for eco-friendly and sustainable products and packaging, industries seek to produce novel biodegradable and recycled materials to remain competitive in the global marketplace. Thus increasing demand for mycelium, which in turn stimulates the market for mycelium.
Request for ToC/Proposal:
https://www.insightaceanalytic.com/report/global-mycelium-market-/1219
Due to the high demand for mycelium-based food products and the increasing efforts of companies to develop mycelium materials, North America is anticipated to be the most significant contributor to the mycelium market over the forecast period, followed by Europe. In addition, the Asia-Pacific market is expected to grow significantly over the forecast period due to the increasing initiatives for developing mycelium-based products and the rising demand for natural goods and eco-friendly packaging options.
Major market players operating in the mycelium market include Atlast, Chinova Bioworks, ENOUGH, Four Sigmatic, Forij.co., FreshCap Mushrooms LTD, Grown.bio, Mushlabs GmbH, Mycelia NV, Meati Inc., Monaghan Group, MycoTechnology, Inc., Mycotech Lab, MycoWorks, Ecovative LLC, eniferBio, Groundwork BioAg, MOGU, Mycorena, Norwegian Mycelium, Mycovation, Magical Mushroom Company, Mushroom Material, Nature's Fynd, PRIME ROOTS, Quorn, Biomyc, Mushroom Material, Bolt Threads, Paradise Packaging Co.Scelta Mushrooms, Changsha Botaniex Inc., Ecovative, KingHerbs Limited, Gurelan Cooperative, Innomy Labs, Life Cykel, Michroma, MUD/WTR, Mycovation among others.
Recent collaborations and agreements in the market:
• In January 2022, Ecovative, a mycelium materials company, launched Forager, a division focused on designing, marketing, and manufacturing vegan, plastic-free leather-like materials and fungi-based foams for the fashion and automotive industries.
• In March 2021, MycoWorks partnered with luxury brand Hermes to make a version of the Victoria bag. It will be the first product with the use of a mycelium-based leather called Sylvania.
• In November 2020, Bolt Threads partnered with Adidas, Kering, Lululemon and Stella McCartney to launch Mylo material products in 2021.
Get Specific Chapter/Information From The Report:
https://www.insightaceanalytic.com/customisation/1219
Market Segments
Global Mycelium Market, by Application, 2022-2030 (Value US$ Mn)
• Food and Beverage Industry
• Packaging Industry
• Clothing and Apparel Industry
• Animal Feed Industry
• Others
Global Mycelium Market, by Nature, 2022-2030 (Value US$ Mn)
• Raw
• Processed
Global Mycelium Market, by Form, 2022-2030 (Value US$ Mn)
• Pre-Formed Product
• Powder
• Tablet and Capsule
Global Mycelium Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Mycelium Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Mycelium Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Mycelium Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Mycelium Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Mycelium Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should get this report:
To get a detailed analysis of the prospects for the global mycelium market
To get a market overview and future trends of the mycelium industry
To analyze the mycelium market drivers and challenges
To get information on the mycelium market value (US$ Mn) forecast to 2030
Significant investments, mergers & acquisitions in the mycelium market industry
Get more information: @
https://www.insightaceanalytic.com/report/global-mycelium-market-/1219
Contact us:
info@insightaceanalytic.com
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ
Twitter: https://twitter.com/Insightace
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mycelium Market is on an Upward Growth Curve here
News-ID: 3878233 • Views: …
More Releases from Insightace Analytic Pvt Ltd.
Over The Counter Tests Market Exclusive Trends Analysis with Forecast to 2034
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Over The Counter Tests Market Size, Share & Trends Analysis Report By Technology (Lateral Flow Assays, Immunoassays, Dipsticks), By Product (Infectious Disease Tests, Glucose Monitoring Tests, Pregnancy and Fertility Tests), Region, Market Outlook And Industry Analysis 2031"
The Global Over The Counter Tests Market is estimated to reach over USD 43.40 billion by 2031, exhibiting a…
Artificial Intelligence in Cardiology Market Exclusive Report with Detailed Stud …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Artificial Intelligence in Cardiology Market Size, Share & Trends Analysis Report By Component (Hardware, Services), By Application (Stroke, CHD/CAD), Region, Market Outlook And Industry Analysis 2031"
The global artificial intelligence in cardiology market is estimated to reach over USD 11.5 billion by 2031, exhibiting a CAGR of 32.70% during the forecast period.
Request For Free Sample…
Autonomous Robots Market Exclusive Report on the Latest Revenue and Future Scope
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Autonomous Robots Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Type (goods-to-person picking robots, self-driving forklifts, autonomous inventory robots, and unmanned aerial vehicles), By Battery Type (lead batteries, lithium-ion batteries, nickel-based batteries), By End-use (manufacturing, wholesale & distribution), Region, Market Outlook And Industry Analysis 2034"
The global Autonomous Robots Market is…
Digital Psychotherapeutics Market Report Latest Trends and Future Opportunities …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Digital Psychotherapeutics Market Size, Share & Trends Analysis Report By Solution (Monotherapy And Combination Therapy), Application (Prevention, Management, And Treatment), And Business Model (Direct-To-Patients/Consumers And Business-To-Business (B2B)), Region, Market Outlook And Industry Analysis 2031"
The global digital psychotherapeutics market is estimated to reach over USD 26.90% by 2031, exhibiting a CAGR of 26.90% during the…
More Releases for Mycelium
Mycelium Market Report 2024 - Mycelium Market Size, Share And Trends
"The Business Research Company recently released a comprehensive report on the Global Mycelium Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The mycelium market size has grown…
Europe Mycelium Market Size, Growth by 2032
According to Inkwood Research, the Europe mycelium market is on a promising growth trajectory, anticipated to achieve a Compound Annual Growth Rate (CAGR) of 6.87% during the forecast period from 2023 to 2032. By the end of this period, the market is expected to amass a revenue of $2603.70 million, showcasing the region's increasing commitment to sustainable and innovative material solutions.
This market encompasses a wide range of countries, including the…
North America Mycelium Market Size, Share, Growth
According to Inkwood Research, the North America mycelium market is poised for remarkable growth, with a forecasted Compound Annual Growth Rate (CAGR) of 8.04% from 2023 to 2032. This significant growth trajectory positions the market to accumulate a revenue of $993.08 million by the end of the forecast period, highlighting the region's rapidly increasing demand for mycelium-based products and solutions.
This market encompasses a wide range of countries, including the United…
Japan Mycelium Market Size, Share, Growth
According to Inkwood Research, the Japan mycelium market is witnessing a period of robust growth, with projections indicating a Compound Annual Growth Rate (CAGR) of 7.93% from 2023 to 2030. This growth trajectory is expected to culminate in the market reaching a revenue milestone of $230.83 million by the end of the forecast period.
Refer to the Report Summary Here:
https://inkwoodresearch.com/reports/japan-mycelium-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
Japan's unique position in both the global and Asia-Pacific mycelium markets underscores…
Mycelium Market Reviews Analysis Report 2024
Mycelium Market worth $ 5.99 Billion by 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Mycelium Market- by Application (Food and Beverage Industry, Packaging Industry, Clothing and Apparel Industry, Animal Feed Industry, and Others By Application), Nature (Raw and Processed), Form (Pre-Formed Product, Powder, and Tablet And Capsule), Industry Trends, Competitive Landscape, Revenue and Forecast To 2031."
Get…
Global Mycelium Market Trends 2023-2030
According to Triton's report, the global mycelium market garnered $2739.15 million in 2022 and is projected to advance with a CAGR of 7.66% by 2030.
A recent study by Triton Market Research titled Global Mycelium Market includes the Global Analysis and Forecasts by Form (Tablet and Capsule, Pre-Formed Product, Powder, Other Forms), Type (Processed, Raw), Application (Clothing and Apparel, Food and Beverage, Packaging, Animal Feed, Other Applications), and Regional Outlook (Middle…
