North America Mycelium Market Forecast 2023-2032

North America Mycelium Market Forecast 2023-2032

The North America mycelium market is estimated to project a CAGR of 8.04% during the forecast period, 2023-2032. In addition to its utilization in food and beverages, the expansion of the mycelium market has led to progress in cosmetic products, packaging solutions, clothing and apparel production, agriculture practices, and pharmaceutical applications. Mycelium is anticipated to assist consumers in the United States in reducing their reliance on animal-based sources of meat and protein.

Canada and the United States are evaluated for the North America mycelium market growth analysis. The mycelium market in Canada is progressively mirroring the trajectory of the U.S. market concerning advancements in product innovation, government initiatives, and market developments. Over the past two decades, the landscape of the mushroom industry has transformed. While mushroom sales have remained relatively stable, the number of mushroom farmers has been overshadowed by the increasing number of specialty mushroom producers.

The majority of mushroom production in Canada is concentrated in British Columbia and Ontario. Due to their geographical locations, these regions cater to distinct global markets for mushrooms and mycelium. British Columbia predominantly exports to various parts of Asia, enabling its cultivators to command favorable prices, while producers in Ontario primarily serve the U.S. market. This disparity could have implications for the future of the mycelium market in Canada.

Shifting consumer preferences in the food and beverage sector, a growing demand for vegan and health-conscious choices, and an increasing interest in high-quality, flavorful food have also contributed to the emergence of mycelium businesses in the country.

Chinova Bioworks Inc and Bolt Threads are notable companies that participate in the North American mycelium market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Study
2.4. Crisis Scenario Analysis
2.4.1. Impact Of Covid-19 On Mycelium Market
2.5. Major Market Findings
2.5.1. Significant Investments And Funding In North America Mycelium Market
2.5.2. Booming Mycocosmetics In Beauty Industry
2.5.3. Mycelium Brick: An Emerging Material
3. Market Dynamics
3.1. Key Drivers
3.1.1. Favorable Government Regulations Boost R&D Of Mycelium-based Applications
3.1.2. Styrofoam And Polystyrene Ban And Steady Adoption Of Bio-based Circular Economy Surges Demands
3.1.3. Radical Shift In Consumer Behavior And Preference
3.1.4. Numerous Applications Across Multiple Industry Verticals With Low Investment
3.2. Key Restraints
3.2.1. Labor-intensive And Low & Inadequate Commercialization Of Mycelium Products
3.2.2. Easy Availability Of Substitutes
4. Key Analytics
4.1. Key Market Trends
4.1.1. An Eco-friendly Packaging And Protein Alternative
4.1.2. Mycelium-based Organo-electronics
4.1.3. Utilization Of Mycelium In The Skin Care And Pharmaceutical Industries
4.1.4. Mycelium Versatility Attracts Numerous Start-ups
4.2. Porter’s Five Forces Analysis
4.2.1. Buyers Power
4.2.2. Suppliers Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Growth Prospect Mapping
4.3.1. Growth Mapping Prospect For United States
5. Market By Type
5.1. Raw
5.1.1. Market Forecast Figure
5.1.2. Segment Analysis
5.2. Processed
5.2.1. Market Forecast Figure
5.2.2. Segment Analysis
6. Market By Product Form
6.1. Pre-formed Product
6.1.1. Market Forecast Figure
6.1.2. Segment Analysis
6.2. Powder
6.2.1. Market Forecast Figure
6.2.2. Segment Analysis
6.3. Tablet And Capsule
6.3.1. Market Forecast Figure
6.3.2. Segment Analysis
6.4. Other Product Forms
6.4.1. Market Forecast Figure
6.4.2. Segment Analysis
7. Market By End-user
7.1. Food And Beverage Industry
7.1.1. Market Forecast Figure
7.1.2. Segment Analysis
7.2. Packaging Industry
7.2.1. Market Forecast Figure
7.2.2. Segment Analysis
7.3. Clothing And Apparel Industry
7.3.1. Market Forecast Figure
7.3.2. Segment Analysis
7.4. Animal Feed Industry
7.4.1. Market Forecast Figure
7.4.2. Segment Analysis
7.5. Other End-users
7.5.1. Market Forecast Figure
7.5.2. Segment Analysis
8. Geographical Analysis
8.1. North America
8.1.1. Market Size & Estimates
8.1.2. North America Mycelium Market Drivers
8.1.3. North America Mycelium Market Challenges
8.1.4. Key Players In North America Mycelium Market
8.1.5. Country Analysis United States United States Mycelium Market Size & Opportunities Canada Canada Mycelium Market Size & Opportunities
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnerships & Agreements
9.1.4. Business Expansions & Divestitures
9.2. Company Profiles
9.2.1. Bolt Threads Company Overview Product List Strengths & Challenges
9.2.2. Botaniex Company Overview Product List
9.2.3. Chinova Bioworks Inc Company Overview Product List Strengths & Challenges
9.2.4. Ecovative Llc Company Overview Product List Strengths & Challenges
9.2.5. Groundwork Bioag Company Overview Product List Strengths & Challenges
9.2.6. Meati Inc Company Overview Product List Strengths & Challenges
9.2.7. Mogu Srl Company Overview Product List Strengths & Challenges
9.2.8. Monaghan Group Company Overview Product List Strengths & Challenges
9.2.9. Mycorena Ab Company Overview Product List Strengths & Challenges
9.2.10. Mycotechnology Inc Company Overview Product List Strengths & Challenges
9.2.11. Mycovation Company Overview Product List
9.2.12. Mycoworks Company Overview Product List
9.2.13. Nature’s Fynd Company Overview Product List
9.2.14. Prime Roots Company Overview Product List
9.2.15. Quorn Company Overview Product List

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