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Mycelium Market Share

  • Report ID: GMI9258
  • Published Date: Apr 2024
  • Report Format: PDF

Mycelium Market Share

Bolt Threads, Ecovative LLC, FreshCap Mushrooms LTD, Huisong and Magical Mushroom Company collectively dominate the Mycelium industry with their extensive industry experience, innovative product offerings, and widespread global presence. Bolt Threads is a pioneering biotechnology company that specializes in developing sustainable materials, including mycelium-based products. Leveraging innovative techniques, Bolt Threads produces mycelium-based materials for use in various industries, offering eco-friendly alternatives to conventional materials. Their commitment to sustainability and technological innovation positions Bolt Threads as a leader in the mycelium industry.


Ecovative LLC is a pioneering company in the mycelium industry, known for its innovative use of fungal mycelium as a sustainable alternative to conventional materials. Their mycelium-based products range from packaging materials to building insulation, offering eco-friendly solutions that are biodegradable and renewable. Ecovative's groundbreaking approach demonstrates the potential of mycelium to revolutionize various industries while addressing environmental challenges.

FreshCap Mushrooms LTD specializes in cultivating and harvesting high-quality gourmet mushrooms, including various strains of mycelium. Their expertise in mycology ensures the production of premium mycelium products for culinary, nutritional, and wellness purposes. With a commitment to sustainability and organic practices, FreshCap Mushrooms LTD stands out as a trusted source for top-grade mycelium supplements and extracts. Huisong is a leading manufacturer specializing in mycelium-based materials, offering sustainable solutions for various industries. Their innovative approach harnesses the natural growth properties of mycelium to create biodegradable packaging, construction materials, and textiles, contributing to an eco-friendlier future.

The Magical Mushroom Company specializes in harnessing the power of mycelium, the root structure of mushrooms, to create sustainable and innovative materials. Their mycelium-based products offer eco-friendly alternatives for packaging, construction, and other industries, contributing to a more sustainable future. With a commitment to innovation and sustainability, the company plays a pivotal role in driving the growth and advancements in the market, further solidifying its position as a key player in the market.

These market leaders collectively shape the competitive landscape of the mycelium market, driving innovation, setting industry standards, and meeting the evolving demands of customers worldwide. With their focus on research and development, technological advancements, and strategic partnerships, these companies continue to expand their market share and strengthen their foothold in key regions. Their relentless pursuit of excellence, coupled with their customer-centric approach, positions them as preferred suppliers of Mycelium, contributing significantly to the growth and development of the global construction industry.

Mycelium Market Companies

Major players operating in the market include:

  • Bolt Threads
  • Ecovative LLC
  • FreshCap Mushrooms LTD
  • Huisong
  • Magical Mushroom Company
  • Mycelia NV
  • Mycotech Lab
  • MycoTechnology, Inc.
  • MycoWorks
  • Scelta Mushroom
Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for mycelium was USD 2.79 billion in 2023 and is projected to depict over 7.4% CAGR from 2024 to 2032, due to the increasing demand for sustainable materials, advancements in biotechnology, and rising application in packaging and construction.

The organic mycelium segment in the mycelium industry recorded USD 1.14 billion in revenue in 2023, due to its alignment with sustainability goals and rising consumer preferences for natural, eco-friendly products.

North America industry size was USD 0.98 billion in 2023 and is predicted to grow at a notable rate between 2024 and 2032, attributed to the robust ecosystem of research institutions, startups, and established companies focused on microtechnology and biotechnology.

Bolt Threads, Ecovative LLC, FreshCap Mushrooms LTD, Huisong, Magical Mushroom Company, Mycelia NV, Mycotech Lab, MycoTechnology, Inc., MycoWorks, and Scelta Mushroom are some of the mycelium companies worldwide.

Mycelium Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 532
  • Countries covered: 23
  • Pages: 300
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