Market by Nature, Form, Application, and Country Outlook | Forecast 2023-2030
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.
Report scope can be customized per your requirements - Request Free Sample Report
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
Want to get specific insights? Our team of analysts
can customize this report based on your preferences. Connect with us here.
Market By Category, Applicatio ..
VIEW REPORT
Market by RTD Type | Forecast ..
VIEW REPORT
Market by Product Type | Forec ..
VIEW REPORT
Market by Product, Application ..
VIEW REPORT
Market By Product Type, Specie ..
VIEW REPORT
Market by Ingredient Type, Age ..
VIEW REPORT
Market By Demographics, Produc ..
VIEW REPORT
Market by Type, Sales Channel, ..
VIEW REPORT1. 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
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)
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)