Provided are a euglena koji‐mold fermentation product, a euglena koji‐mold fermentation product raw material, and a method for producing the euglena koji‐mold fermentation product. The present invention makes it possible to obtain a euglena koji‐mold fermentation product raw material by a method characterized by performing: a step for steaming grains and mixing a euglena algal component and koji‐mold to prepare a mixture of the euglena algal component and koji mold; a mixing step for obtaining a koji‐mold fermentation product raw material by coating the steamed grains with the mixture of the euglena algal component and koji mold obtained in the previous step; and a fermentation step for fermenting the koji‐mold fermentation product raw material.