Mycelium is a fungus that has a strong fiber structure that can be used to make items such as clothes, food, building, and packaging. It can be used to make leather, edible plant-based steak, and as an alternative to plastics.
Furthermore, mycelium grows fast and might be a great replacement for styrofoam, which is gradually being phased out in most nations due to its adverse environmental consequences. Mycelium is biodegradable, sustainable, and renewable, which means it is affordable to produce and will be widely used in the future.
Mycelium offers a wide range of uses, including avoiding food spoilage, extending the shelf life of food packaging, and improving immunity and oxygen levels in the body. Depending on its intended application, dried mycelium can be molded into various shapes and forms, such as powder, pill, or capsule. As a result, the fungus can be ingested in various ways depending on the circumstances.
Mycelium is processed at a specified temperature and pressure before being utilized in building, leather preparation, and food packaging.
The growing popularity of organic and pure ingredients and tastes in food and beverage items is projected to boost the mycelium market in the future. According to BIS Research, the global mycelium market was estimated to be at $2.48 billion in 2020, which is expected to grow with a CAGR of 7.7% and reach $3.84 billion by 2026.
Let’s learn about few applications of mycelium:
1. It can be one of the most adopted substances in the food and beverage, clothing and apparel, biofuel, animal feed, and cosmetic industry.
2. It performs better than conventional building and interior design items due to its great sound absorption. Companies in the construction industry, such as MOGU, utilize mycelium to manufacture sound-proof walls, floor tiles, decorative items, cushions, and sofas.
3. Mycelium is of great advantage in the electronics industry because of its high thermal resistivity and fire-proof properties. Mycelium can be used to manufacture cables, microcontrollers, and breadboards.
4. The use of mycelium provides many advantages to the electronics industry in the product design domain since it is manufactured from renewable sources that can be recycled, reused, or disposed of to degrade within the environment quickly.
5. It aids in pest management by competing with underground bacteria and viruses and producing poisons to kill them. It is also used as a micro-pesticide to control pests such as ants, termites, and beetles.
6. As mycelia inflict no harm to the environment, they can be used as effective long-term pest management methods. Mycelial structures serve both horticulturists and the natural environment.
7. It develops and disperses widely; it plays an important role in breaking down a wide range of complex organic substances.
8. It can increase and enhance agricultural yields through its symbiotic connection with crops.
To summarize, mycelium-based products are a better alternative for non-biodegradable materials used across all verticals, such as food and beverage pharmaceuticals, clothing, and packaging industries.