United States Mycelium Market Size & Outlook, 2025-2031
United States Mycelium Market Size
According to Straits Research analysis, the United States Mycelium Market was valued at USD 373.33 Million in 2024 and is projected to reach USD 560.75 Million by 2031, expanding at a CAGR of 5.9% during the forecast period. This growth is fueled by diverse applications of mycelium in sectors such as agriculture, chemicals, and energy. Mycelium is prominently used in developing bio-fertilizers, eco-friendly chemicals, and biofuels leading to an increased demand. The market is expected to witness a further boost owing to trends such as green production, sustainability, and technological advancements. Additionally, the export potential of mycelium products presents new prospective opportunities for market expansion. Looking forward, the United States is well positioned to leverage these emerging trends and opportunities to strengthen its hold in the global mycelium market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Mycelium Market Highlights
- By 2024, Food and Beverage Industry represented the largest share of the Application market size.
- Packaging Industry is expected to remain the key growth driver within Application, registering the fastest CAGR during the forecast period.
- United States contributed 11.92% to the global mycelium market size in 2024.
- By 2031, China is forecasted to remain the largest global market for mycelium market.
- In North America, United States is projected to capture the leading share of market by 2031.
- Among North America markets, Canada is expected to post the fastest growth, reaching USD 132.59 Million by 2031.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2031 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2031 |
| Market Size In 2024 | USD 373.33 Million |
| Market Size In 2031 | USD 560.75 Million |
| Largest segment | Food and Beverage Industry |
| Fastest segment | Packaging Industry |
| Units | Revenue in USD Million |
| CAGR | 5.9% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
United States Mycelium Market Share By Application
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Application |
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| Form |
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| Type |
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United States Mycelium Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Mycelium Market By Form 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Mycelium Market By Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
