The Mushroom Material Market is on an upward trend, with a CAGR of 5.80% from 2024 to 2034. Drawing from these statistics, the market is worth USD 5,105.4 million in 2024. Destined for growth, the valuation has spurred with a valuation of USD 8,972 million through 2034.
As industry participants have become more aware of the material, its benefits, and its main biodegradable features, its use is projected to increase in the near future.
The eco-friendliness of mushroom materials, ease of workability, and low weight compared to traditional materials, making them easier to carry, are major drivers for the segment's growth.
| Attributes | Key Statistics |
|---|---|
| Expected Base Year Value (2024) | USD 5,105.4 million |
| Anticipated Forecast Value (2034) | USD 8,972 million |
| Estimated Growth (2024 to 2034) | 5.80 % CAGR |
Consumers have become more aware of the environmental impact of their purchases. They are turning towards sustainable alternatives such as mushroom-based materials. Thus, the consumer preferences for mushroom materials in the market have burdened the immense production of the material.
Insulating panels offer numerous benefits, like excellent thermal insulation, fire resistance, and sound absorption. This makes them excellent for the usage of mushroom material-based insulating panels in their projects.
Adding to its lightweight nature and energy-efficient properties, it is in high demand among manufacturers of the mushroom material market.
Biodegradable nature and the ability to replace traditional plastic materials have made this material a popular one. In the textile industry, these materials are being used to produce eco-friendly and sustainable fabrics.
This is of immense demand from consumers tracking the market in an upside trend.
The automotive industry is also exploring the use of these materials in their products to reduce the environmental impact of their production processes and products. And the increasing requirement spurs the mushroom material market globally.
Despite the growing interest in the eco-friendly nature of these materials, many consumers and manufacturers are still unaware of their benefits. High production cost is another limiting factor deterring sales in the mushroom material market.
Unlike other materials, mushroom cultivation is a slow process that requires specific environmental conditions and expertise. This acts as attrition to market growth. Other factors, like competition from eco-friendly materials like bamboo and hemp, lower the market status of the mushroom material.
The mushroom material market has gained noteworthy attention in recent years due to its eco-friendly and sustainable nature. Wood fiber is one of the primary components of this material derived from renewable resources.
They have numerous benefits that make it the top feedstock choice for this market. The trend of sustainability has driven the market, showing a spontaneous growth of 51.40% market share for 2024.
| Attributes | Details |
|---|---|
| Feedstock | Wood Fiber |
| Market Share (2024) | 51.40% |
Wood fiber is readily available and can be sourced sustainably, making it an ideal choice for the market. As consumers and major companies have shifted to sustainable and eco-friendly alternatives, wood fiber aligns with the growing wave.
Wood fiber has excellent mechanical properties and can be easily molded into different shapes. This makes them versatile feedstock for the market. Its high porosity and water-holding capacity are also other major factors in scaling the growth.
Insulating panels made out of mushroom material offer numerous benefits, like excellent thermal insulation, fire resistance, and sound absorption. This makes them useful in various industries.
Construction companies, in particular, are increasingly using mushroom material-based insulating panels in their projects due to their lightweight nature and energy-efficient properties. All these factors drive the market growth with a remarkable market share of 44.50% for 2024.
| Attributes | Details |
|---|---|
| Application | Insulating Panels |
| Market Share (2024) | 44.50% |
These panels are cost-effective and easy to install, which directs its appeal to consumers. With increasing requirements from various industries such as packaging, textiles, and automotive, the panels are foreseen to grow in the coming years.
Countries like India, China, Spain, France, and The United States are expanding broadly in the mushroom material market.
| Countries | CAGR |
|---|---|
| India | 8.60% |
| China | 6.40% |
| Spain | 4.30% |
| France | 4.00% |
| United States | 3.20% |
Indian mushroom material market accounts for and CAGR of 8.60% from 2024 to 2034, holding the highest in Asia. The need for eco-friendly alternatives to conventional materials is fueling the growth of the Indian market.
Advancements in technology for the mass production of mushroom materials and their diverse application across industries have stimulated its growth. Industries like packaging, construction, and textiles are on an upward trajectory in the Indian market, rooting the market for the coming years.
Thus, the market has a foreseeable future with expanding varied sectors making connotations on the global scale. Major companies driving this expansion include companies like Greenhope, Agrinoon, and Mycotech, leveraging innovative approaches and strategic collaborations to capitalize Indian market.
China holds a commander position in the market and is foreseen to be a new powerhouse for the world mushroom industry. With an outstanding CAGR of 6.40%, China emerged as the largest producer in the region. China is amongst the top producers and consumers of mushrooms.
The country accounts for 46% of global mushroom farming. Rising government support and consumer awareness are facilitating the sales of the Eco-friendly manufacturing sector. Technological improvements and the availability of skilled manpower are fueling the expansion of the mushroom material market in APAC.
Major companies driving this market expansion include Ecovative Design, pioneered mushroom-based packaging solutions, and Mogu, specializing in architectural and interior design applications.
The market is burgeoning in Spain due to the favorable climate and abundant agricultural resources. This makes it conducive for mushroom cultivation, providing ample raw material for mushroom-based products.
With a CAGR of 4.30% through 2034, Spain's strong tradition of farming expertise contributes to the efficient production of these materials. Major companies like Micobiotec and Micologia Aplicada are spearheading innovation in this sector.
Leveraging Spain's rich fungal biodiversity and research capabilities to develop cutting-edge mushroom-derived solutions tailored to diverse market needs, the market is set to reach new heights.
France holds a significant CAGR of 4.00% through 2034. Like Spain, France has a rich agricultural landscape. This provides ample resources for mushroom cultivation. Thus, with ideal environmental conditions, production booms in the country.
Market players like MycoWorks and Ecovative Design have also recognized this potential and established a presence in France. Even sustainability holds a prime position in the country, driving the market demand.
Government activities on agricultural growth and innovation, as well as the existence of significant companies in the United States, are spurring market growth.
With a CAGR of 3.20% from 2024 to 2034, the market is showing steady growth. With many new startups and big industry holders, the United States, in the mushroom business, is investing in artificial intelligence (AI) to minimize labor expenses.
For example, Mycocycle, a firm established in the United States, provides a waste-to-resource solution based on mycelium. The business treats shredded plastic and petrochemical waste streams with lab-cultivated fungus. Furthermore, the garbage is treated on-site inside the infrastructure of the producers, recyclers, or waste management firms.
Ecovative, a biotech business located in New York, is working on biodegradable packaging made of mycelium and hemp - a myco-composite. These micro-composites are employed in the production of commercially available, custom-molded mushroom packaging.
Market players are aiming to broaden the applications of mushroom-based materials and to produce new products, broadening the product portfolio. The sustainability trend is opening big opportunities for new entrants and existing manufacturers to leverage the trend to its maximum usage.
With artificial intelligence gaining high productivity, manufacturers are all set to acquire the global market by winning the biodegradable materials sector trends.
Recent Advancements
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Tons) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 4: Global Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 6: Global Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 10: North America Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 12: North America Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 16: Latin America Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 18: Latin America Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 22: Western Europe Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 24: Western Europe Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 28: Eastern Europe Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 30: Eastern Europe Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 40: East Asia Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 42: East Asia Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Tons) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Tons) Forecast by Application, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Feedstock, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Tons) Forecast by Feedstock, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Application, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Tons) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 9: Global Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 13: Global Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 16: Global Market Attractiveness by Application, 2024 to 2034
Figure 17: Global Market Attractiveness by Feedstock, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Application, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 27: North America Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 31: North America Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 34: North America Market Attractiveness by Application, 2024 to 2034
Figure 35: North America Market Attractiveness by Feedstock, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Application, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 45: Latin America Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 49: Latin America Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Application, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Feedstock, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Application, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 63: Western Europe Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 67: Western Europe Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Application, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Feedstock, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Application, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Application, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Feedstock, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Application, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Application, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Feedstock, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Application, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 117: East Asia Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 121: East Asia Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Application, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Feedstock, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Application, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Feedstock, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Tons) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Tons) Analysis by Application, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Feedstock, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Tons) Analysis by Feedstock, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Feedstock, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Feedstock, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Application, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Feedstock, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The global mushroom material market is set to reach USD 5,105.4 million by 2024.
The mushroom material market is expected to reach USD 8,972 million by 2034.
The mushroom material market is growing at a CAGR of 5.80 % from 2024 to 2034.
Wood fiber is the top material, with a market share of 51.40% for 2024.
The market in India is expected to progress at a CAGR of 8.60% through 2034.
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Mushroom Material Market
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