Mycelium Brick Market - Forecast(2024 - 2030)

Report Code: CMR 1576 Report Format: PDF + Excel

Mycelium Brick Market Overview:

Mycelium Brick Market size is estimated to reach $5 billion by 2030, growing at a CAGR of 7.5% during the forecast period 2024-2030. The market for Mycelium Bricks is primarily driven by several key factors contributing to its global growth. These include the rising importance placed on distinctive and sustainable building materials, with mycelium bricks being recognized for their eco-friendly and organic nature. The growing demand for natural substances and the expansion of manufacturing facilities also play a significant role in propelling the market forward.

The increasing demand for Mycelium Bricks is primarily owing to their eco-friendly and sustainable characteristics. As the construction industry places a growing emphasis on environmentally conscious materials, Mycelium Bricks have gained prominence for their organic nature and minimal environmental impact. This demand surge is further fueled by a global trend towards sustainable practices and the rising awareness among consumers regarding the ecological footprint of construction materials. The construction sector, responsible for 39% of global carbon emissions, is actively adopting eco-friendly practices to minimize its environmental impact. These factors positively influence the Mycelium Brick industry outlook during the forecast period.

Market Snapshot:
Mycelium Brick Market - Report Coverage:

The Mycelium Brick Market Report - Forecast (2024-2030) by IndustryARC, covers an in-depth analysis of the following segments in the Mycelium Brick Market.



By Material Type

  • Mycelium Composites

  • Mushroom Materials

  • Others

By Application

  • Building and Construction

  • Automotive

  • Packaging

  • Electronics

  • Others

By Geography

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  • Rest of the World (Middle East and Africa).

COVID-19 /Ukraine Crisis - Impact Analysis: 

       The Covid-19 pandemic has had a dual impact on the Mycelium Bricks industry. Initially facing disruptions in the supply chain and production due to lockdowns, the industry demonstrated resilience with increased demand for sustainable building materials. The heightened focus on eco-friendly construction in the post-pandemic recovery phase has positioned Mycelium Bricks as a favorable choice, showcasing the industry's adaptability and potential for growth in a changing market landscape.

       The Russia-Ukraine war has significantly impacted the Mycelium Bricks industry, introducing challenges in the supply chain and raw material procurement. The geopolitical tensions have disrupted global trade, potentially affecting the production and distribution of mycelium-based construction materials. As the industry relies on a seamless flow of resources, these geopolitical uncertainties pose a threat to the stability and growth of the Mycelium Bricks market, necessitating careful strategic planning to navigate the evolving business landscape.

Key Takeaways:

       Asia-Pacific to Register Highest Growth : Geographically, in the global Mycelium Brick Market, Asia-Pacific is analyzed to grow with the highest CAGR of 8.4% during the forecast period 2023-2030. The Asia Pacific region is positioned as the fastest-growing market in the mycelium brick industry, showcasing remarkable trends and robust growth. With a burgeoning demand for sustainable construction materials, mycelium bricks have gained significant traction in the region. Factors such as increasing awareness of environmental conservation, coupled with a shift towards eco-friendly building solutions, contribute to the market's upward trajectory. The Asia Pacific mycelium market is projected to witness substantial growth, driven by applications in diverse sectors such as construction, automotive, and more. According to National Bureau of Statistics of China, In 2022, China's construction industry contributed 1143 billion USD, a 5.5% increase over the previous year. This surge aligns with the global emphasis on sustainable practices, positioning the Asia Pacific region as a key player in the evolution of the mycelium brick market.

       Construction Segment to Register the Fastest Growth : In the Mycelium Brick Market analysis, the Construction segment is estimated to grow with the highest CAGR of 8.1% during the forecast period 2024-2030. The construction industry is experiencing remarkable growth as a key player in the mycelium bricks sector. Mycelium, a versatile and sustainable material derived from fungi, has gained prominence as a revolutionary construction material. The industry's shift towards mycelium bricks is driven by their eco-friendly attributes, offering a viable alternative to traditional building materials. With notable features such as lightweight, insulation properties, and biodegradability, mycelium bricks align with the construction sector's increasing emphasis on sustainability. As construction practices evolve to embrace green alternatives, mycelium-based materials providing an exciting avenue for reducing environmental impact and promoting eco-conscious building practices.

       Rising Demand from Construction Sector is Propelling the Market Growth : The mycelium brick industry is experiencing a surge in demand within the construction sector, fueled by a growing emphasis on sustainable and eco-friendly building materials. The rising demand in construction is attributed to the unique properties of mycelium bricks, offering a biodegradable and environmentally friendly alternative to traditional construction materials. Builders and developers are increasingly recognizing the importance of adopting sustainable practices, aligning with the global push for greener and more responsible construction methods. As regulations and consumer preferences continue to prioritize eco-conscious choices, the mycelium brick industry is poised to capitalize on this trend, with construction becoming a key driver for market expansion.   

       Limited Awareness and Adoption Limiting the Market Growth : Limited awareness and adoption pose significant challenges to the mycelium bricks market. Despite their eco-friendly and innovative qualities, a lack of awareness among consumers and industries inhibits widespread adoption. The market faces the obstacle of bridging the knowledge gap and educating potential users about the benefits of mycelium bricks. This challenge hampers the market's growth potential, as potential buyers may opt for traditional construction materials due to a limited understanding of the advantages offered by mycelium bricks. To overcome this hurdle, targeted marketing campaigns, educational initiatives, and industry collaborations are crucial to increase awareness and foster a broader acceptance of mycelium bricks as a sustainable and viable alternative in the construction sector.

                                                  Mycelium Brick Market Share (%) By Region, 2023

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Mycelium Brick Market. The top 10 companies in this industry are listed below:

  1. Ecovative Design LLC
  2. Mogu S.r.l
  3. MycoWorks
  4. Mycotech
  5. GROWN bio
  6. Biomyc Ltd
  7. Four Sigmatic
  8. Freshcap Mushrooms Ltd
  9. Mushlabs GmbH
  10. Mycelia NV

Scope of Report:

Report Metric


Base Year Considered


Forecast Period




Market Size in 2030

$5 billion

Segments Covered

Material Type, Application and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Ecovative Design LLC

  2. Mogu S.r.l

  3. MycoWorks

  4. Mycotech

  5. GROWN bio

  6. Biomyc Ltd

  7. Four Sigmatic

  8. Freshcap Mushrooms Ltd

  9. Mushlabs GmbH

  10. Mycelia NV

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1. Mycelium Brick Market - Overview
    1.1. Definitions and Scope
2. Mycelium Brick Market - Executive Summary
3. Mycelium Brick Market - Comparative Analysis
    3.1. Company Benchmarking - Key Companies
    3.2. Global Financial Analysis - Key Companies
    3.3. Market Share Analysis - Key Companies
    3.4. Patent Analysis
    3.5. Pricing Analysis
4. Mycelium Brick Market - Start-up Companies Scenario 
    4.1 Key Start-up Company Analysis
        4.1.1. Investment
        4.1.2. Revenue
        4.1.3. Venture Capital and Funding Scenario
5. Mycelium Brick Market – Market Entry Scenario Premium 
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing Business Index
    5.3. Case Studies of Successful Ventures
6. Mycelium Brick Market - Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Market Challenges
    6.4. Porter's Five Force Model
        6.4.1. Bargaining Power of Suppliers
        6.4.2. Bargaining Powers of Customers
        6.4.3. Threat of New Entrants
        6.4.4. Rivalry Among Existing Players
        6.4.5.Threat of Substitutes
7. Mycelium Brick Market – Strategic Analysis
    7.1. Value Chain Analysis
    7.2. Opportunities Analysis
    7.3. Market Life Cycle
8. Mycelium Brick Market – by Material Type(Market Size – $Million/$Billion) 
    8.1 Mycelium Composites 
    8.2 Mushroom Materials
    8.3 Others
9. Mycelium Brick Market – by Application(Market Size – $Million/$Billion)
    9.1 Building and Construction
    9.2 Automotive
    9.3 Packaging
    9.4 Electronics
    9.5 Others
10. Mycelium Brick Market – by Geography (Market Size – $Million/$Billion) 
    10.1. North America
        10.1.1. The U.S.
        10.1.2. Canada
        10.1.3. Mexico
    10.2. Europe
        10.2.1. UK
        10.2.2. Germany
        10.2.3. France
        10.2.4. Italy
        10.2.5. Spain
        10.2.6. Russia
        10.2.7. Rest of Europe
    10.3. Asia-Pacific
        10.3.1. China
        10.3.2. India
        10.3.3. Japan
        10.3.4. South Korea
        10.3.5. Australia & New Zealand
        10.3.6. Rest of Asia-Pacific
     10.4. South America
        10.4.1. Brazil
        10.4.2. Argentina
        10.4.3. Chile
        10.4.4. Colombia
        10.4.5. Rest of South America
    10.5. Rest of the World
        10.5.1. Middle East
        10.5.2. Africa
11. Mycelium Brick Market – Entropy
12. Mycelium Brick Market – Industry/Segment Competition Landscape 
    12.1. Market Share Analysis
        12.1.1. Market Share by Deployment Type – Key Companies
        12.1.2. Market Share by Region – Key Companies
        12.1.3. Market Share by Country – Key Companies
    12.2. Competition Matrix
    12.3. Best Practices for Companies
13. Mycelium Brick Market – Key Company List by Country Premium  
14. Mycelium Brick Market - Company Analysis
    14.1 Ecovative Design LLC
    14.2 Mogu S.r.l
    14.3 MycoWorks
    14.4 Mycotech
    14.5 GROWN bio
    14.6 Biomyc Ltd
    14.7 Four Sigmatic
    14.8 Freshcap Mushrooms Ltd
    14.9 Mushlabs GmbH
    14.10 Mycelia NV
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The Mycelium Brick Market is projected to grow at 7.5 % CAGR during the forecast period 2024-2030.

Global Mycelium Brick Market size is estimated to be $2 billion in 2023 and is projected to reach $5 billion by 2030.

The leading players in the Mycelium Brick Market are Ecovative Design LLC, Mogu S.R.L, MycoWorks, Mycotech, GROWN bio and others.

The global shift towards sustainable construction is a major trend shaping the future of the Mycelium Bricks market. With increasing awareness of environmental impact, mycelium-based materials offer an eco-friendly alternative in the construction industry

The construction sector\\\\\\\'s adoption of mycelium bricks, known for their lightweight and durable properties, presents a significant growth avenue are the driving factors of the market.