Latin America Mycelium Market 2023-2030

Latin America Mycelium Market 2023-2030



Market Outlook

According to a report by Triton Market Research, the mycelium market in Latin America is evaluated to experience significant growth with a CAGR of 6.63% over the forecasting years 2023-2030. The market report covers Brazil, Mexico, and the Rest of Latin America as key study regions.

The agricultural industry in Brazil has undergone a noteworthy transformation. It has shifted from being a net food importer to becoming one of the leading global exporters of various agricultural products, with mushrooms being a notable example. This sector plays a crucial role in Brazil's economy by making substantial contributions to foreign exchange earnings through the export of mushrooms. As a result, Brazil’s mycelium market is expected to witness substantial growth.

In Rest of Latin America, multiple industries primarily emphasize the use of conventional materials in various applications like packaging, construction, and biodegradable products. There is a growing awareness of sustainability and environmental issues in the region. In this regard, mycelium, due to its environmentally friendly attributes, has the potential to become more popular as individuals and businesses search for eco-friendly solutions.

Further, universities and research institutions have been actively involved in the fields of biotechnology and mycology. This research effort might play a significant role in advancing mycelium-based products, stimulating innovation, and generating prospects for local businesses across the Rest of Latin America region.

Competitive Outlook

The companies in the mycelium market consist of Nature's Fynd, Ecovative Design LLC, MycoWorks, Groundwork BioAg, Meati Inc, Monaghan Group, MycoTechnology Inc, and Mogu SRL.


1. Latin America 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. Latin America Mycelium Market Outlook - By Nature
3.1. Raw
3.2. Processed
4. Latin America Mycelium Market Outlook - By Form
4.1. Pre-formed Product
4.2. Powder
4.3. Tablet And Capsule
4.4. Other Forms
5. Latin America 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. Latin America Mycelium Market – By Country Outlook
6.1. Brazil
6.1.1. Brazil Mycelium Market Forecast & Prospects
6.2. Mexico
6.2.1. Mexico Mycelium Market Forecast & Prospects
6.3. Rest Of Latin America
6.3.1. Rest Of Latin America 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: Latin America 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: Latin America Mycelium Market, By Country Outlook, 2023-2030 (In $ Million)
Table 7: Latin America Mycelium Market, By Nature, 2023-2030 (In $ Million)
Table 8: Latin America Mycelium Market, By Form, 2023-2030 (In $ Million)
Table 9: Latin America Mycelium Market, By Application, 2023-2030 (In $ Million)
List Of Figures
Figure 1: Latin America Mycelium Market, By Nature, 2022 & 2030 (In %)
Figure 2: Latin America Mycelium Market, By Raw, 2023-2030 (In $ Million)
Figure 3: Latin America Mycelium Market, By Processed, 2023-2030 (In $ Million)
Figure 4: Latin America Mycelium Market, By Form, 2022 & 2030 (In %)
Figure 5: Latin America Mycelium Market, By Pre-formed Product, 2023-2030 (In $ Million)
Figure 6: Latin America Mycelium Market, By Powder, 2023-2030 (In $ Million)
Figure 7: Latin America Mycelium Market, By Tablet And Capsule, 2023-2030 (In $ Million)
Figure 8: Latin America Mycelium Market, By Other Forms, 2023-2030 (In $ Million)
Figure 9: Latin America Mycelium Market, By Application, 2022 & 2030 (In %)
Figure 10: Latin America Mycelium Market, By Food And Beverage, 2023-2030 (In $ Million)
Figure 11: Latin America Mycelium Market, By Packaging, 2023-2030 (In $ Million)
Figure 12: Latin America Mycelium Market, By Clothing And Apparel, 2023-2030 (In $ Million)
Figure 13: Latin America Mycelium Market, By Animal Feed, 2023-2030 (In $ Million)
Figure 14: Latin America Mycelium Market, By Other Applications, 2023-2030 (In $ Million)
Figure 15: Latin America Mycelium Market, By Country Outlook, 2022 & 2030 (In %)
Figure 16: Brazil Mycelium Market 2023-2030 (In $ Million)
Figure 17: Mexico Mycelium Market 2023-2030 (In $ Million)
Figure 18: Rest Of Latin America Mycelium Market 2023-2030 (In $ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings