EUROPE MYCELIUM MARKET 2023-2030

Consumer Goods & Services | Food & Beverages

EUROPE MYCELIUM MARKET 2023-2030

Market by Nature, Form, Application, and Country Outlook | Forecast 2023-2030

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Triton Market Research’s report infers that the mycelium market in Europe is projected to garner a CAGR of 7.34% during the forecast period 2023-2030.


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The countries reviewed in the region encompass:

•         United Kingdom

•         Germany

•         France

•         Spain

•         Italy

•         Poland

•         Rest of Europe

Several key factors are propelling the growth of the mycelium market in Europe. This includes a thriving food and beverage industry coupled with a growing number of health-conscious individuals. Changing dietary preferences towards plant-based foods have increased the demand for mycelium, known for its richness in nutrients, protein, and minerals, making it a viable meat substitute. Furthermore, the rising adoption of mycelium in the pharmaceutical sector is contributing to the mycelium market’s expansion in the region.

Poland leads the region with a significant market share. The nation stands out as a major mushroom producer and exporter within the region, commanding a significant share of the global mushroom export market. In 2020, Poland exported approximately 4,344 metric tons of mushrooms, with a notable portion finding its way to Germany. The thriving mushroom sector has fostered favorable conditions for the mycelium market. This development can be attributed to the country’s abundant mycelium raw material, advanced cultivation techniques, skilled personnel, and the requisite physical and chemical conditions essential for mycelium farming, processing, and the production of finished goods.

France ranks as the third largest European importer of mushrooms in terms of quantity. Over the past five years, mushroom imports to France have displayed consistent annual growth, indicating a rising demand for mycelium-based products. French consumers show a notable preference for various mycelium products, with a preference for those within the food and beverage industry. While many mycelium products are cultivated and processed domestically, imports from China also contribute to the market. The culinary tradition of incorporating gourmet mushrooms into the French way of life presents opportunities for export.

Powdered mycelium serves multiple purposes, finding utility as animal feed, fertilizers, medicinal substances, and flavor enhancers. For instance, the World of Nature Company successfully marketed various powdered forms of mycelium derived from Reishi Mushrooms. This mycelium boasts medicinal qualities, notably its anti-histamine properties. It helps individuals diagnosed with ailments like fatigue, diabetes, liver disorders, nervous system issues, hypertension, and arthritis.

The market is broadly sectioned into form, application, and nature. The form section is further divided into powder, pre-formed product, tablet & capsule, and other forms.

The well-known firms in the market include Prime Roots, Mogu SRL, Bolt Threads, Mycorena AB, Botaniex, and Nature’s Fynd.

Mogu SRL specializes in the use of mycelium to produce a variety of foam products designed for interior applications, such as sofas, couches, and beds. These products cater to diverse settings, including restaurants, offices, and residential spaces, and are grouped under the brand name ‘Acoustics’. Additionally, it offers another product line called ‘Resilient Floors,’ which encompasses floor tiles and flexible synthetic flooring solutions. The company’s product portfolio comprises Acoustic, Wall Panels, and Flooring. Headquartered in Italy, Mogu operates primarily within Europe.


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 Europe 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 Europe mycelium market’s growth during the upcoming years

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Table of Content

1. EUROPE 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. EUROPE MYCELIUM MARKET OUTLOOK - BY NATURE

3.1. RAW

3.2. PROCESSED

4. EUROPE MYCELIUM MARKET OUTLOOK - BY FORM

4.1. PRE-FORMED PRODUCT

4.2. POWDER

4.3. TABLET AND CAPSULE

4.4. OTHER FORMS

5. EUROPE 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. EUROPE MYCELIUM MARKET – BY COUNTRY OUTLOOK

6.1. UNITED KINGDOM

6.1.1. UNITED KINGDOM MYCELIUM MARKET FORECAST & PROSPECTS

6.2. GERMANY

6.2.1. GERMANY MYCELIUM MARKET FORECAST & PROSPECTS

6.3. FRANCE

6.3.1. FRANCE MYCELIUM MARKET FORECAST & PROSPECTS

6.4. SPAIN

6.4.1. SPAIN MYCELIUM MARKET FORECAST & PROSPECTS

6.5. ITALY

6.5.1. ITALY MYCELIUM MARKET FORECAST & PROSPECTS

6.6. POLAND

6.6.1. POLAND MYCELIUM MARKET FORECAST & PROSPECTS

6.7. REST OF EUROPE

6.7.1. REST OF EUROPE 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

List of Tables

TABLE 1: EUROPE 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: EUROPE MYCELIUM MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

TABLE 7: EUROPE MYCELIUM MARKET, BY NATURE, 2023-2030 (IN $ MILLION)

TABLE 8: EUROPE MYCELIUM MARKET, BY FORM, 2023-2030 (IN $ MILLION)

TABLE 9: EUROPE MYCELIUM MARKET, BY APPLICATION, 2023-2030 (IN $ MILLION)

List of Figures

FIGURE 1: EUROPE MYCELIUM MARKET, BY NATURE, 2022 & 2030 (IN %)

FIGURE 2: EUROPE MYCELIUM MARKET, BY RAW, 2023-2030 (IN $ MILLION)

FIGURE 3: EUROPE MYCELIUM MARKET, BY PROCESSED, 2023-2030 (IN $ MILLION)

FIGURE 4: EUROPE MYCELIUM MARKET, BY FORM, 2022 & 2030 (IN %)

FIGURE 5: EUROPE MYCELIUM MARKET, BY PRE-FORMED PRODUCT, 2023-2030 (IN $ MILLION)

FIGURE 6: EUROPE MYCELIUM MARKET, BY POWDER, 2023-2030 (IN $ MILLION)

FIGURE 7: EUROPE MYCELIUM MARKET, BY TABLET AND CAPSULE, 2023-2030 (IN $ MILLION)

FIGURE 8: EUROPE MYCELIUM MARKET, BY OTHER FORMS, 2023-2030 (IN $ MILLION)

FIGURE 9: EUROPE MYCELIUM MARKET, BY APPLICATION, 2022 & 2030 (IN %)

FIGURE 10: EUROPE MYCELIUM MARKET, BY FOOD AND BEVERAGE, 2023-2030 (IN $ MILLION)

FIGURE 11: EUROPE MYCELIUM MARKET, BY PACKAGING, 2023-2030 (IN $ MILLION)

FIGURE 12: EUROPE MYCELIUM MARKET, BY CLOTHING AND APPAREL, 2023-2030 (IN $ MILLION)

FIGURE 13: EUROPE MYCELIUM MARKET, BY ANIMAL FEED, 2023-2030 (IN $ MILLION)

FIGURE 14: EUROPE MYCELIUM MARKET, BY OTHER APPLICATIONS, 2023-2030 (IN $ MILLION)

FIGURE 15: EUROPE MYCELIUM MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)

FIGURE 16: UNITED KINGDOM MYCELIUM MARKET 2023-2030 (IN $ MILLION)

FIGURE 17: GERMANY MYCELIUM MARKET 2023-2030 (IN $ MILLION)

FIGURE 18: FRANCE MYCELIUM MARKET 2023-2030 (IN $ MILLION)

FIGURE 19: SPAIN MYCELIUM MARKET 2023-2030 (IN $ MILLION)

FIGURE 20: ITALY MYCELIUM MARKET 2023-2030 (IN $ MILLION)

FIGURE 21: POLAND MYCELIUM MARKET 2023-2030 (IN $ MILLION)

FIGURE 22: REST OF EUROPE MYCELIUM MARKET 2023-2030 (IN $ MILLION)

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