FMI suggests the fungal chitin fiber market was valued at USD 145.0 million in 2025. Demand is expected to grow at USD 168.0 million in 2026 and USD 610.0 million by 2036. Dry fibers / powders are projected to lead by product form segment with 46% share in 2026 and biodegradable textiles & nonwovens are dominate with a 35% share in 2026.