Market by Nature, Form, Application, and Country Outlook | Forecast 2023-2030
Triton Market Research’s report suggests that the Asia-Pacific mycelium market is estimated to register a CAGR of 8.03% during the forecast period 2023-2030.
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The
studied region comprises the following countries:
•
China
•
Japan
•
South Korea
•
India
•
Australia & New Zealand
•
ASEAN Countries
•
Rest of Asia-Pacific
The Asia-Pacific region, home to over 60% of the
world’s population, is projected to experience a significant population
increase between 2021 and 2026. This population growth, coupled with rising
incomes, has given rise to concerns about food scarcity and sustainable
production within the region. As a result, mushroom and mycelium processors are
directing their efforts toward boosting crop yields and ensuring a year-round
supply of mushroom mycelium to meet the growing demand.
Additionally, the growth of the mycelium market
in the region is influenced by an increasing per capita consumption of
mushrooms, along with the adoption of innovative mycelium farming techniques.
The market is further driven by the growing investment in research and
development by companies aimed at implementing new technologies.
China
leads with the highest share in the region’s market. Mushrooms are a highly nutritious food source
that can be cultivated using cost-effective and readily available raw
materials. China stands as the world’s leading producer and consumer of
mycelium products, accounting for over 75% of the global output in recent
years. Further, the expansion of manufacturing facilities and increasing
consumer demand for mycelium products have transformed the country’s mycelium
market. A rapid consolidation of medium and large companies is anticipated,
driven by the government’s efforts to foster industrial partnerships in order
to regulate the industry and fuel competitiveness in the global mycelium
market.
Commercially available raw mycelium products
include white oyster mycelium seeds, mycelium spawns, and mycelium spores.
These products are utilized for enhancing plant growth serving as fertilizers.
They possess distinct odors and contribute to soil quality, texture, and
structure improvement. Mycelium-based fertilizers present a more
environmentally friendly and biodegradable alternative to chemical fertilizers.
They effectively support crop growth, contributing to overall stability in
agricultural ecosystems.
The
market’s growth is assessed based on nature, form, and application. Based on nature, it is sectioned into raw and
processed.
The major companies listed in the market
include Mogu SRL, Bolt Threads, Botaniex, Mycorena AB, Nature’s Fynd, and Prime
Roots.
Botaniex, a manufacturer and supplier of natural
ingredients, including botanical and herbal extracts, caters to various
industries like dietary supplements, functional foods, functional beverages,
cosmetics, and pharmaceuticals. The company efficiently operates via four
plants in Hunan, Guangzhou, Guangxi, and Sichuan Province. In addition to its
core product offerings, Botaniex also extends value-added services to its
customers, such as private labels and contract manufacturing. The company is headquartered
in Hunan Province, China.
KEY DELIVERABLES OF THE REPORT:
●
Market CAGR during the forecasting years 2023-2030
●
Detailed data highlighting key insights, industry components, and
market strategies
●
Comprehensive information and estimation of the mycelium market
revenue growth in the Asia-Pacific and its influence on the parent market
●
In-depth study of forthcoming trends in consumer behavioral
patterns
●
A meticulous analysis of the competitive landscape, vendor
scorecard, and Porter’s Five Forces
●
A wide-ranging study of factors that will challenge the APAC
mycelium market’s growth during the upcoming years
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can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. ASIA-PACIFIC
MYCELIUM MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT ANALYSIS ON THE MYCELIUM MARKET
2.1.1. COVID-19 IMPACT
2.2. KEY INSIGHTS
2.2.1. MYCELIUM VERSATILITY ATTRACTING NUMEROUS START-UPS
2.2.2. RADICAL SHIFT IN CONSUMER BEHAVIOR AND PREFERENCE
2.2.3. ECO-FRIENDLY PACKAGING AND PROTEIN ALTERNATIVE
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET MATURITY ANALYSIS
2.5. KEY MARKET STRATEGIES
2.5.1. PRODUCT LAUNCHES & DEVELOPMENTS
2.5.2. COLLABORATIONS
2.5.3. ACQUISITIONS
2.5.4. BUSINESS EXPANSIONS
2.6. MARKET DRIVERS
2.6.1. LOW-COST INVESTMENT WITH MULTIPLE APPLICATIONS
2.6.2. CONSUMER INCLINATION TOWARDS ECO-FRIENDLY PRODUCTS AND CIRCULAR ECONOMY
2.6.3. GOVERNMENT INITIATIVES BOOST MANUFACTURING R&D OF MYCELIUM-BASED
PRODUCTS
2.7. MARKET CHALLENGES
2.7.1. AVAILABILITY OF VARIOUS SUBSTITUTES
2.7.2. LOW LEVEL OF COMMERCIALIZATION AND LABOR-INTENSIVE
2.8. MARKET OPPORTUNITIES
2.8.1. MYCELIUM-BASED ORGANO-ELECTRONICS GAIN ATTENTION
2.8.2. SHIFT IN CONSUMER BEHAVIOR AND PREFERENCE
2.8.3. ADOPTION OF MYCELIUM IN THE PHARMACEUTICAL AND BEAUTY INDUSTRY
2.9. ANALYST PERSPECTIVE
3. ASIA-PACIFIC
MYCELIUM MARKET OUTLOOK - BY NATURE
3.1. RAW
3.2. PROCESSED
4. ASIA-PACIFIC
MYCELIUM MARKET OUTLOOK - BY FORM
4.1. PRE-FORMED PRODUCT
4.2. POWDER
4.3. TABLET AND CAPSULE
4.4. OTHER FORMS
5. ASIA-PACIFIC
MYCELIUM MARKET OUTLOOK - BY APPLICATION
5.1. FOOD AND BEVERAGE
5.2. PACKAGING
5.3. CLOTHING AND APPAREL
5.4. ANIMAL FEED
5.5. OTHER APPLICATIONS
6. ASIA-PACIFIC
MYCELIUM MARKET – BY COUNTRY OUTLOOK
6.1. CHINA
6.1.1. CHINA MYCELIUM MARKET FORECAST & PROSPECTS
6.2. JAPAN
6.2.1. JAPAN MYCELIUM MARKET FORECAST & PROSPECTS
6.3. INDIA
6.3.1. INDIA MYCELIUM MARKET FORECAST & PROSPECTS
6.4. SOUTH KOREA
6.4.1. SOUTH KOREA MYCELIUM MARKET FORECAST & PROSPECTS
6.5. ASEAN COUNTRIES
6.5.1. ASEAN COUNTRIES MYCELIUM MARKET FORECAST & PROSPECTS
6.6. AUSTRALIA & NEW ZEALAND
6.6.1. AUSTRALIA & NEW ZEALAND MYCELIUM MARKET FORECAST & PROSPECTS
6.7. REST OF ASIA-PACIFIC
6.7.1. REST OF ASIA-PACIFIC MYCELIUM MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. GROUNDWORK BIOAG
7.1.1. OVERVIEW
7.1.2. PRODUCT PORTFOLIO
7.1.3. KEY STRENGTHS
7.1.4. KEY CHALLENGE
7.2. MYCOTECHNOLOGY INC
7.2.1. OVERVIEW
7.2.2. PRODUCT PORTFOLIO
7.2.3. KEY STRENGTHS
7.2.4. KEY CHALLENGE
7.3. ECOVATIVE DESIGN LLC
7.3.1. OVERVIEW
7.3.2. PRODUCT PORTFOLIO
7.3.3. KEY STRENGTHS
7.3.4. KEY CHALLENGES
7.4. MONAGHAN GROUP
7.4.1. OVERVIEW
7.4.2. PRODUCT PORTFOLIO
7.4.3. KEY STRENGTHS
7.4.4. KEY CHALLENGE
7.5. MEATI INC
7.5.1. OVERVIEW
7.5.2. PRODUCT PORTFOLIO
7.5.3. KEY STRENGTHS
7.5.4. KEY CHALLENGE
7.6. BOLT THREADS
7.6.1. OVERVIEW
7.6.2. PRODUCT PORTFOLIO
7.6.3. KEY STRENGTHS
7.6.4. KEY CHALLENGE
7.7. MOGU SRL
7.7.1. OVERVIEW
7.7.2. PRODUCT PORTFOLIO
7.7.3. KEY STRENGTHS
7.7.4. KEY CHALLENGE
7.8. MYCORENA AB
7.8.1. OVERVIEW
7.8.2. PRODUCT PORTFOLIO
7.8.3. KEY STRENGTHS
7.8.4. KEY CHALLENGES
7.9. MYCOWORKS
7.9.1. OVERVIEW
7.9.2. PRODUCT PORTFOLIO
7.10. BOTANIEX
7.10.1. OVERVIEW
7.10.2. PRODUCT PORTFOLIO
7.11. PRIME ROOTS
7.11.1. OVERVIEW
7.11.2. PRODUCT PORTFOLIO
7.12. NATURE’S FYND
7.12.1. OVERVIEW
7.12.2. PRODUCT PORTFOLIO
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY
TABLE 1: ASIA-PACIFIC MYCELIUM
MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: LIST OF PRODUCT
LAUNCHES
TABLE 3: LIST OF
COLLABORATIONS
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF BUSINESS EXPANSIONS
TABLE 6: ASIA-PACIFIC MYCELIUM
MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC MYCELIUM
MARKET, BY NATURE, 2023-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC MYCELIUM
MARKET, BY FORM, 2023-2030 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC MYCELIUM
MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)
FIGURE
1: ASIA-PACIFIC MYCELIUM MARKET, BY NATURE, 2022 & 2030 (IN %)
FIGURE
2: ASIA-PACIFIC MYCELIUM MARKET, BY RAW, 2023-2030 (IN $ MILLION)
FIGURE
3: ASIA-PACIFIC MYCELIUM MARKET, BY PROCESSED, 2023-2030 (IN $ MILLION)
FIGURE
4: ASIA-PACIFIC MYCELIUM MARKET, BY FORM, 2022 & 2030 (IN %)
FIGURE
5: ASIA-PACIFIC MYCELIUM MARKET, BY PRE-FORMED PRODUCT, 2023-2030 (IN $
MILLION)
FIGURE
6: ASIA-PACIFIC MYCELIUM MARKET, BY POWDER, 2023-2030 (IN $ MILLION)
FIGURE
7: ASIA-PACIFIC MYCELIUM MARKET, BY TABLET AND CAPSULE, 2023-2030 (IN $
MILLION)
FIGURE
8: ASIA-PACIFIC MYCELIUM MARKET, BY OTHER FORMS, 2023-2030 (IN $ MILLION)
FIGURE
9: ASIA-PACIFIC MYCELIUM MARKET, BY APPLICATION, 2022 & 2030 (IN %)
FIGURE
10: ASIA-PACIFIC MYCELIUM MARKET, BY FOOD AND BEVERAGE, 2023-2030 (IN $
MILLION)
FIGURE
11: ASIA-PACIFIC MYCELIUM MARKET, BY PACKAGING, 2023-2030 (IN $ MILLION)
FIGURE
12: ASIA-PACIFIC MYCELIUM MARKET, BY CLOTHING AND APPAREL, 2023-2030 (IN $
MILLION)
FIGURE
13: ASIA-PACIFIC MYCELIUM MARKET, BY ANIMAL FEED, 2023-2030 (IN $ MILLION)
FIGURE
14: ASIA-PACIFIC MYCELIUM MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $
MILLION)
FIGURE
15: ASIA-PACIFIC MYCELIUM MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE
16: CHINA MYCELIUM MARKET 2023-2030 (IN $ MILLION)
FIGURE
17: JAPAN MYCELIUM MARKET 2023-2030 (IN $ MILLION)
FIGURE
18: INDIA MYCELIUM MARKET 2023-2030 (IN $ MILLION)
FIGURE
19: SOUTH KOREA MYCELIUM MARKET 2023-2030 (IN $ MILLION)
FIGURE
20: ASEAN COUNTRIES MYCELIUM MARKET 2023-2030 (IN $ MILLION)
FIGURE
21: AUSTRALIA & NEW ZEALAND MYCELIUM MARKET 2023-2030 (IN $ MILLION)
FIGURE
22: REST OF ASIA-PACIFIC MYCELIUM MARKET 2023-2030 (IN $ MILLION)