Mycelium Packaging Market Outlook (2023 to 2033)

The mycelium packaging market size is projected to be valued at US$ 74 million in 2023 and is expected to rise to US$ 187 million by 2033. The sales of mycelium packaging are expected to record a significant CAGR of 9.7% during the forecast period.

Mycelium is the vegetative portion of a fungus that generates a network of thin white filaments known as hyphae. It can be utilized to grow sustainable packaging materials.

Mycelium was employed as a packaging material since it is a natural and renewable resource. It is also extremely adaptable, allowing it to grow in a wide range of forms and sizes. As a result, it is an excellent material for developing custom packaging solutions. It can be adapted to the exact requirements of a given product.

Key Market Trends:

  • Demand for sustainable packaging solutions is growing: The global packaging sector is under increasing pressure to lessen its environmental effect. Mycelium packaging is a biodegradable and sustainable alternative to typical packaging materials. Demand for sustainable packaging solutions is predicted to rise as customers become more ecologically concerned. Thus propelling the mycelium packaging industry.
  • Packaging technology innovation: The market is still in its early phases, and there is great room for innovation in the field. As firms continue to engage in research and development, new and inventive applications for mycelium packaging in a variety of industries can be seen.
  • Government laws and incentives: Governments all over the world are enacting regulations and providing incentives to encourage sustainable practices and minimize waste. As companies seek ways to comply with these rules and take advantage of incentives. This is anticipated to provide a favorable environment for the mycelium packaging market.
  • Collaborations and partnerships: There are great opportunities for collaborations and partnerships between companies in the market. Mycelium packaging, for example, might be used in conjunction with sustainable food production. Resulting in a closed-loop system that minimizes waste and has a lower environmental impact.

Overall, the mycelium packaging industry is expected to expand. As more organizations recognize the benefits of this sustainable and environmentally friendly packaging solution. There are huge prospects for organizations operating in this market as demand, innovation, and awareness grow.

Attribute Details
Mycelium Packaging Market Estimated Size (2023) US$ 74 million
Mycelium Packaging Market CAGR (2023 to 2033) 9.7%
Mycelium Packaging Market Forecasted Size (2033) US$ 187 million

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2018 to 2022 Mycelium Packaging Market Outlook in Comparison to 2023 to 2033 Growth Forecast

The future outlook of the mycelium packaging market looks promising as more and more companies are realizing the importance of sustainable packaging solutions. Consumers are becoming more environmentally conscious. Moreover, they are opting for and promoting eco-friendly products which is cushioning the market growth.

One of the key factors driving the growth of the market is the increasing adoption of circular economy principles by businesses. With the circular economy model, materials are reused and recycled, reducing waste and conserving natural resources. Mycelium-based packaging is a perfect fit for this model, as it is biodegradable, compostable, and can be recycled into new products.

Another trend that is expected to shape the future of the market is the development of innovative technologies.

Researchers and companies are continuously exploring new methods to enhance the properties of mycelium-based packaging. Such as making it more durable, moisture-resistant, and fire-retardant. Additionally, there is potential for new applications of mycelium in the packaging industry beyond just packaging, such as in insulation and construction materials.

The growth of the market also depends on the availability and cost of mycelium-based materials. As more companies enter the market, there may be increased competition for raw materials, which could drive up prices.

However, advancements in production methods and increased scalability could help reduce costs and make mycelium-based packaging more accessible.

The market is estimated to expand at 9.7% CAGR between 2023 and 2033, in comparison to 4.4% CAGR registered during 2018 to 2022.

The rising demand for mycelium packaging solutions has led to the emergence of new businesses and startups in the packaging industry. This is focused on developing innovative and sustainable solutions. This has created new opportunities for entrepreneurs and investors to invest in this sector and contribute to the growth of the industry. Furthermore, the adoption of mycelium packaging by sizable corporations and retail chains is also driving the growth of the industry. These companies are increasingly recognizing the importance of sustainability and are incorporating mycelium packaging into their packaging solutions.

Governments and regulating authorities are spreading a notion of sustainability in their respective region. They are highly favoring sustainability, especially in the consumer goods section through policies and campaigns.

Category-wise Insights

Block Formats in Mycelium Packaging Offers Various Advantages to both Businesses and Customers.

FMI anticipates the segment to acquire more than 77.2% of the market share in 2022. The usage of mycelium packing in a solid, block-like structure is referred to as block formats. This approach has become increasingly popular in the mycelium packaging market due to its versatility and user-friendliness.

One key advantage of block formats is their ability to be easily molded into a variety of shapes and sizes. As a result, they are perfect for a wide range of packaging applications, from preserving fragile objects during transportation to creating eye-catching retail packaging. Mycelium blocks also have great insulating characteristics, making them perfect for shipping sensitive products such as electronics or perishable commodities. They can also be laced with natural antibacterial agents to help keep foods fresh and enhance their shelf-life.

Consumer Goods Companies are Becoming Increasingly Conscious of the Environmental Impact of their Packaging

Consumer Goods to Acquire 45.3% Market Share of Mycelium Packaging Market

Mycelium provides a viable alternative to traditional materials such as plastic. Mycelium packaging is biodegradable and compostable. This means that microorganisms can readily break it down into natural components such as water, carbon dioxide, and organic matter. Furthermore, mycelium packaging can be customized to meet the needs of various consumer goods, such as food, cosmetics, and electronics. Its shape and size variability make it an appealing solution for businesses trying to lower their carbon footprint.

Mycelium packaging is also visually appealing, with its natural and organic appearance making it stick out on store shelves. This can assist brands in distinguishing themselves from their competitors.

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Ismail Sutaria

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Regional Analysis

Europe has been at the Forefront of Promoting Sustainable Practices and Eco-friendly Alternatives and Captured a Market Share of 29.9% in 2022

There has been a substantial surge in companies in Europe developing mycelium-based packaging solutions in recent years. These companies are collaborating with diverse industries, including food and beverage, cosmetics, and healthcare. To create customized mycelium packaging products that match their requirements. In addition, several European research institutes and universities are conducting considerable research on mycelium-based materials and their applications in a variety of industries, including packaging. This has resulted in the development of novel mycelium packaging options. Such as mycelium foam and mycelium leather, which have piqued the interest of both businesses and consumers.

With Multiple Companies Engaging in the Development and Production of Mycelium-based Materials, the United States has been a Prominent Player in the Market.

United States to Surpass the Market Share of 15.1% in 2022

In recent years, there has been an increase in interest in mycelium packaging because of a growing desire for sustainable and eco-friendly packaging options.

Ecovative Design, a significant player in the United States, has been at the forefront of mycelium-based packaging development. Mushroom packaging is another prominent competitor in the country, producing biodegradable packaging materials manufactured from agricultural waste and mycelium.

Other companies, including IKEA and Patagonia, have expressed interest in mycelium packaging as a more environmentally friendly alternative.

Many Indian Businesses are now Exploring and Employing Mycelium-based Packaging as an Alternative to Traditional Packaging Materials

Region to witness a CAGR of 8.9% during the analysis period. Several Indian startups and businesses have entered the market and are developing novel solutions. For example, BIO-LUTIONS, a Bangalore-based firm, has created mycelium-based packaging products that may be used for food packaging as well as cushioning and insulation in electronic items. Furthermore, collaborations between Indian and international companies are underway to bring advanced mycelium packaging technologies to India. Ecovative, a leading mycelium packaging firm based in the United States, for example, has collaborated with Indian companies to bring their goods to the Indian market.

The Market is still in its Early Stages and has a Highly Competitive Landscape

Some key players in this market include Ecovative Design, Evocative, MycoWorks, and Biohm. These companies are constantly investing in research and development to improve the quality of their products and to increase their production capacity.

  • Ecovative Design is one of the leading players in the market. The company has a strong presence in North America and Europe and is expanding its operations in other regions as well. It has developed a unique technology that uses mycelium to create a wide range of products, including packaging, insulation, and furniture.
  • MycoWorks is another leading player in the market. The company has developed a proprietary technology that allows it to produce mycelium-based materials that are stronger and more durable than traditional materials. It has collaborated with several leading brands in the fashion and automotive industries to create innovative products.
  • Biohm is a company that specializes in sustainable construction materials. It has recently entered the market and is exploring ways to use mycelium to create eco-friendly packaging solutions. The company has a strong focus on sustainability and is committed to creating products that have a minimal impact on the environment.

Other players in the market include Mushroom Packaging, New Ecological Business Solutions, and Mogu. These companies are also investing in R&D to develop new products and expand their market share.

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Scope of the Report

Attribute Details
Growth Rate CAGR of 9.7% from 2023 to 2033
Base Year of Estimation 2023
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in US$ million and Volume in Units and F-CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis
Key Segments Covered By Packaging Format, By Function Type, By Product Type, By End User Industry, By Region
Regions Covered North America; Latin America; Europe; East Asia; South Asia; The Middle East & Africa; Oceania
Key Countries Profiled The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia
Key Companies Profiled Seamore; Evoware; Bloom; CuanTec; Mycelium Energy Solutions; AlgaePac; Algopack; Sea6 Energy; Oceanium; Cascadia Mycelium
Customization & Pricing Available upon Request

Key Segments Covered in the Market Report

Product Type:

  • Pure Mycelium Packaging
  • Mycelium Composite Packaging
  • Mycelium Foam Packaging
  • Others

Function Type:

  • Cushioning
  • Bracing
  • Void Fill

Packaging Formats:

  • Blocks
  • Sheets
  • Others

End Use:

  • Food and Beverage
  • Consumer Goods
  • Healthcare
  • Construction
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • The Middle East & Africa (MEA)

Frequently Asked Questions

What is the market value in 2023?

The market in 2023 is valued at US$ 74 million.

What is the CAGR from 2023 to 2033?

The CAGR from 2023 to 2033 will be 9.7%.

How did the market perform historically?

From 2018 to 2022, the market expanded at a 4.4% CAGR.

What is the market value for 2033?

By 2033, the market will reach US$ 187 million.

What was United States’ market share in 2022?

United States surpassed the market share of 15.1% in 2022.

What is the Driving the Mycelium Packaging Market?

Demand for sustainable packaging solution is the driving the market.

What is Current Valuation of the Mycelium Packaging Market?

The market is estimated to capture a valuation of US$ 74 million in 2023.

What is the Growth Forecast for the Mycelium Packaging Market?

The market is forecast to register a CAGR of 9.7% through 2033.

How is the Historical Performance of the Mycelium Packaging Market?

During 2018 to 2022, the market registered a CAGR of 4.4%.

Which is the Top Trend in the Mycelium Packaging Market?

Rising awareness campaigns over social media is the current market trends.

Table of Content
1. Executive Summary | Mycelium Packaging Market
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Product launches & Recent Developments
    3.4. Product Life Cycle Analysis
    3.5. Value Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. % of Operating Margin Analysis
        3.5.3. List of Existing and Potential Buyer’s
    3.6. Pricing Analysis
        3.6.1. Price Point Assessment by Region
        3.6.2. Price Point Assessment by production
        3.6.3. Price Forecast till 2032
        3.6.4. Factors affecting pricing
    3.7. Forecast Factors - Relevance & Impact
    3.8. Regulatory Landscape
    3.9. Regional Parent Market Outlook
    3.10. Production and Consumption Statistics
    3.11. Consumers Survey Analysis
    3.12. Macro-Economic Factors
4. Global Analysis 2018 to 2022 and Forecast, 2023 to 2033
    4.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis, 2018 to 2022
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Projections, 2023 to 2033
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By Product Type, 2018 to 2022
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By
        5.3.1. Product Type, 2023 to 2033
        5.3.2. Pure Mycelium Packaging
        5.3.3. Mycelium Composite Packaging
        5.3.4. Mycelium Foam Packaging
        5.3.5. Others (Mycelium Leather, Mycelium Insulation, etc.)
    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
    5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Function Type
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By Function Type, 2018 to 2022
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By
        6.3.1. Function Type, 2023 to 2033
        6.3.2. Cushioning
        6.3.3. Bracing
        6.3.4. Void Fill
    6.4. Y-o-Y Growth Trend Analysis By Function Type, 2018 to 2022
    6.5. Absolute $ Opportunity Analysis By Function Type, 2023 to 2033
7. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging Formats
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By Packaging Formats, 2018 to 2022
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By
        7.3.1. Packaging Formats, 2023 to 2033
        7.3.2. Blocks
        7.3.3. Sheets
        7.3.4. Others (Molded Shape, etc.)
    7.4. Y-o-Y Growth Trend Analysis By Packaging Formats, 2018 to 2022
    7.5. Absolute $ Opportunity Analysis By Packaging Formats, 2023 to 2033
8. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By End Use, 2018 to 2022
    8.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By End Use,
        8.3.1. 2023 to 2033
        8.3.2. Food and Beverage
        8.3.3. Consumer Goods
        8.3.4. Healthcare
        8.3.5. Construction
        8.3.6. Others (Fashion, etc.)
    8.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
    8.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
9. Global Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    9.1. Introduction
    9.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis By Region, 2018 to 2022
    9.3. Current Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast By Region, 2023 to 2033
        9.3.1. North America
        9.3.2. Latin America
        9.3.3. Europe
        9.3.4. East Asia
        9.3.5. South Asia
        9.3.6. Oceania
        9.3.7. MEA
    9.4. Market Attractiveness Analysis By Region
10. North America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy,
        10.1.1. 2018 to 2022
    10.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033
        10.2.1. By Country
            10.2.1.1. United States of America
            10.2.1.2. Canada
        10.2.2. By Product Type
        10.2.3. By Function Type
        10.2.4. By Packaging Formats
        10.2.5. By End Use
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Product Type
        10.3.3. By Function Type
        10.3.4. By Packaging Formats
        10.3.5. By End Use
    10.4. Key Takeaways
11. Latin America Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy,
        11.1.1. 2018 to 2022
    11.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033
        11.2.1. By Country
            11.2.1.1. Brazil
            11.2.1.2. Mexico
            11.2.1.3. Argentina
            11.2.1.4. Chile
            11.2.1.5. Peru
            11.2.1.6. Rest of Latin America
        11.2.2. By Product Type
        11.2.3. By Function Type
        11.2.4. By Packaging Formats
        11.2.5. By End Use
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Product Type
        11.3.3. By Function Type
        11.3.4. By Packaging Formats
        11.3.5. By End Use
    11.4. Key Takeaways
12. Europe Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy,
        12.1.1. 2018 to 2022
    12.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033
        12.2.1. By Country
            12.2.1.1. Germany
            12.2.1.2. Italy
            12.2.1.3. France
            12.2.1.4. United Kingdom
            12.2.1.5. Spain
            12.2.1.6. Russia
            12.2.1.7. BENELUX
            12.2.1.8. Poland
            12.2.1.9. Nordic Countries
            12.2.1.10. Rest of Europe
        12.2.2. By Product Type
        12.2.3. By Function Type
        12.2.4. By Packaging Formats
        12.2.5. By End Use
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Product Type
        12.3.3. By Function Type
        12.3.4. By Packaging Formats
        12.3.5. By End Use
    12.4. Key Takeaways
13. East Asia Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy,
        13.1.1. 2018 to 2022
    13.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033
        13.2.1. By Country
            13.2.1.1. China
            13.2.1.2. Japan
            13.2.1.3. South Korea
        13.2.2. By Product Type
        13.2.3. By Function Type
        13.2.4. By Packaging Formats
        13.2.5. By End Use
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Product Type
        13.3.3. By Function Type
        13.3.4. By Packaging Formats
        13.3.5. By End Use
    13.4. Key Takeaways
14. South Asia Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy,
        14.1.1. 2018 to 2022
    14.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033
        14.2.1. By Country
            14.2.1.1. India
            14.2.1.2. Thailand
            14.2.1.3. Malaysia
            14.2.1.4. Indonesia
            14.2.1.5. Singapore
            14.2.1.6. Rest of South Asia
        14.2.2. By Product Type
        14.2.3. By Function Type
        14.2.4. By Packaging Formats
        14.2.5. By End Use
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Product Type
        14.3.3. By Function Type
        14.3.4. By Packaging Formats
        14.3.5. By End Use
    14.4. Key Takeaways
15. Oceania Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    15.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy,
        15.1.1. 2018 to 2022
    15.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033
        15.2.1. By Country
            15.2.1.1. Australia
            15.2.1.2. New Zealand
        15.2.2. By Product Type
        15.2.3. By Function Type
        15.2.4. By Packaging Formats
        15.2.5. By End Use
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Product Type
        15.3.3. By Function Type
        15.3.4. By Packaging Formats
        15.3.5. By End Use
    15.4. Key Takeaways
16. MEA Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    16.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis By Market Taxonomy, 2018 to 2022
    16.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast By Market Taxonomy, 2023 to 2033
        16.2.1. By Country
            16.2.1.1. GCC Countries
            16.2.1.2. South Africa
            16.2.1.3. Central Africa
            16.2.1.4. North Africa
        16.2.2. By Product Type
        16.2.3. By Function Type
        16.2.4. By Packaging Formats
        16.2.5. By End Use
    16.3. Market Attractiveness Analysis
        16.3.1. By Country
        16.3.2. By Product Type
        16.3.3. By Function Type
        16.3.4. By Packaging Formats
        16.3.5. By End Use
    16.4. Key Takeaways
17. Key Countries Analysis
    17.1. United States of America
        17.1.1. Pricing Analysis
        17.1.2. Market Share Analysis, 2022
            17.1.2.1. By Product Type
            17.1.2.2. By Function Type
            17.1.2.3. By Packaging Formats
            17.1.2.4. By End Use
    17.2. Canada
        17.2.1. Pricing Analysis
        17.2.2. Market Share Analysis, 2022
            17.2.2.1. By Product Type
            17.2.2.2. By Function Type
            17.2.2.3. By Packaging Formats
            17.2.2.4. By End Use
    17.3. Brazil
        17.3.1. Pricing Analysis
        17.3.2. Market Share Analysis, 2022
            17.3.2.1. By Product Type
            17.3.2.2. By Function Type
            17.3.2.3. By Packaging Formats
            17.3.2.4. By End Use
    17.4. Mexico
        17.4.1. Pricing Analysis
        17.4.2. Market Share Analysis, 2022
            17.4.2.1. By Product Type
            17.4.2.2. By Function Type
            17.4.2.3. By Packaging Formats
            17.4.2.4. By End Use
    17.5. Argentina
        17.5.1. Pricing Analysis
        17.5.2. Market Share Analysis, 2022
            17.5.2.1. By Product Type
            17.5.2.2. By Function Type
            17.5.2.3. By Packaging Formats
            17.5.2.4. By End Use
    17.6. Chile
        17.6.1. Pricing Analysis
        17.6.2. Market Share Analysis, 2022
            17.6.2.1. By Product Type
            17.6.2.2. By Function Type
            17.6.2.3. By Packaging Formats
            17.6.2.4. By End Use
    17.7. Peru
        17.7.1. Pricing Analysis
        17.7.2. Market Share Analysis, 2022
            17.7.2.1. By Product Type
            17.7.2.2. By Function Type
            17.7.2.3. By Packaging Formats
            17.7.2.4. By End Use
    17.8. Germany
        17.8.1. Pricing Analysis
        17.8.2. Market Share Analysis, 2022
            17.8.2.1. By Product Type
            17.8.2.2. By Function Type
            17.8.2.3. By Packaging Formats
            17.8.2.4. By End Use
    17.9. Italy
        17.9.1. Pricing Analysis
        17.9.2. Market Share Analysis, 2022
            17.9.2.1. By Product Type
            17.9.2.2. By Function Type
            17.9.2.3. By Packaging Formats
            17.9.2.4. By End Use
    17.10. France
        17.10.1. Pricing Analysis
        17.10.2. Market Share Analysis, 2022
            17.10.2.1. By Product Type
            17.10.2.2. By Function Type
            17.10.2.3. By Packaging Formats
            17.10.2.4. By End Use
    17.11. Spain
        17.11.1. Pricing Analysis
        17.11.2. Market Share Analysis, 2022
            17.11.2.1. By Product Type
            17.11.2.2. By Function Type
            17.11.2.3. By Packaging Formats
            17.11.2.4. By End Use
    17.12. United Kingdom
        17.12.1. Pricing Analysis
        17.12.2. Market Share Analysis, 2022
            17.12.2.1. By Product Type
            17.12.2.2. By Function Type
            17.12.2.3. By Packaging Formats
            17.12.2.4. By End Use
    17.13. Russia
        17.13.1. Pricing Analysis
        17.13.2. Market Share Analysis, 2022
            17.13.2.1. By Product Type
            17.13.2.2. By Function Type
            17.13.2.3. By Packaging Formats
            17.13.2.4. By End Use
    17.14. Poland
        17.14.1. Pricing Analysis
        17.14.2. Market Share Analysis, 2022
            17.14.2.1. By Product Type
            17.14.2.2. By Function Type
            17.14.2.3. By Packaging Formats
            17.14.2.4. By End Use
    17.15. BENELUX
        17.15.1. Pricing Analysis
        17.15.2. Market Share Analysis, 2022
            17.15.2.1. By Product Type
            17.15.2.2. By Function Type
            17.15.2.3. By Packaging Formats
            17.15.2.4. By End Use
    17.16. Nordic Countries
        17.16.1. Pricing Analysis
        17.16.2. Market Share Analysis, 2022
            17.16.2.1. By Product Type
            17.16.2.2. By Function Type
            17.16.2.3. By Packaging Formats
            17.16.2.4. By End Use
    17.17. China
        17.17.1. Pricing Analysis
        17.17.2. Market Share Analysis, 2022
            17.17.2.1. By Product Type
            17.17.2.2. By Function Type
            17.17.2.3. By Packaging Formats
            17.17.2.4. By End Use
    17.18. Japan
        17.18.1. Pricing Analysis
        17.18.2. Market Share Analysis, 2022
            17.18.2.1. By Product Type
            17.18.2.2. By Function Type
            17.18.2.3. By Packaging Formats
            17.18.2.4. By End Use
    17.19. South Korea
        17.19.1. Pricing Analysis
        17.19.2. Market Share Analysis, 2022
            17.19.2.1. By Product Type
            17.19.2.2. By Function Type
            17.19.2.3. By Packaging Formats
            17.19.2.4. By End Use
    17.20. India
        17.20.1. Pricing Analysis
        17.20.2. Market Share Analysis, 2022
            17.20.2.1. By Product Type
            17.20.2.2. By Function Type
            17.20.2.3. By Packaging Formats
            17.20.2.4. By End Use
    17.21. Thailand
        17.21.1. Pricing Analysis
        17.21.2. Market Share Analysis, 2022
            17.21.2.1. By Product Type
            17.21.2.2. By Function Type
            17.21.2.3. By Packaging Formats
            17.21.2.4. By End Use
    17.22. Indonesia
        17.22.1. Pricing Analysis
        17.22.2. Market Share Analysis, 2022
            17.22.2.1. By Product Type
            17.22.2.2. By Function Type
            17.22.2.3. By Packaging Formats
            17.22.2.4. By End Use
    17.23. Malaysia
        17.23.1. Pricing Analysis
        17.23.2. Market Share Analysis, 2022
            17.23.2.1. By Product Type
            17.23.2.2. By Function Type
            17.23.2.3. By Packaging Formats
            17.23.2.4. By End Use
    17.24. Singapore
        17.24.1. Pricing Analysis
        17.24.2. Market Share Analysis, 2022
            17.24.2.1. By Product Type
            17.24.2.2. By Function Type
            17.24.2.3. By Packaging Formats
            17.24.2.4. By End Use
    17.25. Australia
        17.25.1. Pricing Analysis
        17.25.2. Market Share Analysis, 2022
            17.25.2.1. By Product Type
            17.25.2.2. By Function Type
            17.25.2.3. By Packaging Formats
            17.25.2.4. By End Use
    17.26. New Zealand
        17.26.1. Pricing Analysis
        17.26.2. Market Share Analysis, 2022
            17.26.2.1. By Product Type
            17.26.2.2. By Function Type
            17.26.2.3. By Packaging Formats
            17.26.2.4. By End Use
    17.27. GCC Countries
        17.27.1. Pricing Analysis
        17.27.2. Market Share Analysis, 2022
            17.27.2.1. By Product Type
            17.27.2.2. By Function Type
            17.27.2.3. By Packaging Formats
            17.27.2.4. By End Use
    17.28. South Africa
        17.28.1. Pricing Analysis
        17.28.2. Market Share Analysis, 2022
            17.28.2.1. By Product Type
            17.28.2.2. By Function Type
            17.28.2.3. By Packaging Formats
            17.28.2.4. By End Use
    17.29. North Africa
        17.29.1. Pricing Analysis
        17.29.2. Market Share Analysis, 2022
            17.29.2.1. By Product Type
            17.29.2.2. By Function Type
            17.29.2.3. By Packaging Formats
            17.29.2.4. By End Use
    17.30. Central Africa
        17.30.1. Pricing Analysis
        17.30.2. Market Share Analysis, 2022
            17.30.2.1. By Product Type
            17.30.2.2. By Function Type
            17.30.2.3. By Packaging Formats
            17.30.2.4. By End Use
18. Market Structure Analysis
    18.1. Competition Dashboard
    18.2. Competition Benchmarking
    18.3. Market Share Analysis of Top Players
        18.3.1. By Regional
        18.3.2. By Product Type
        18.3.3. By Function Type
        18.3.4. By Packaging Formats
        18.3.5. By End Use
19. Competition Analysis
    19.1. Competition Deep Dive
        19.1.1. Ecovative LLC
            19.1.1.1. Overview
            19.1.1.2. Product Portfolio
            19.1.1.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)
            19.1.1.4. Sales Footprint
            19.1.1.5. Strategy Overview
                19.1.1.5.1. Marketing Strategy
                19.1.1.5.2. Product Strategy
                19.1.1.5.3. Channel Strategy
        19.1.2. Mycopack
            19.1.2.1. Overview
            19.1.2.2. Product Portfolio
            19.1.2.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)
            19.1.2.4. Sales Footprint
            19.1.2.5. Strategy Overview
                19.1.2.5.1. Marketing Strategy
                19.1.2.5.2. Product Strategy
                19.1.2.5.3. Channel Strategy
        19.1.3. GROWN bio
            19.1.3.1. Overview
            19.1.3.2. Product Portfolio
            19.1.3.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)
            19.1.3.4. Sales Footprint
            19.1.3.5. Strategy Overview
                19.1.3.5.1. Marketing Strategy
                19.1.3.5.2. Product Strategy
                19.1.3.5.3. Channel Strategy
        19.1.4. Magical Mushroom Company®
            19.1.4.1. Overview
            19.1.4.2. Product Portfolio
            19.1.4.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)
            19.1.4.4. Sales Footprint
            19.1.4.5. Strategy Overview
                19.1.4.5.1. Marketing Strategy
                19.1.4.5.2. Product Strategy
                19.1.4.5.3. Channel Strategy
        19.1.5. BioFab
            19.1.5.1. Overview
            19.1.5.2. Product Portfolio
            19.1.5.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)
            19.1.5.4. Sales Footprint
            19.1.5.5. Strategy Overview
                19.1.5.5.1. Marketing Strategy
                19.1.5.5.2. Product Strategy
                19.1.5.5.3. Channel Strategy
        19.1.6. HuiZhou YITO Packaging Co., Ltd
            19.1.6.1. Overview
            19.1.6.2. Product Portfolio
            19.1.6.3. Profitability by Market Segments (Product/Age /Sales Channel/Region)
            19.1.6.4. Sales Footprint
            19.1.6.5. Strategy Overview
                19.1.6.5.1. Marketing Strategy
                19.1.6.5.2. Product Strategy
                19.1.6.5.3. Channel Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
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