Mushroom Market

The Mushroom Market is predicted to rise to USD 54,568 million by 2028, witnessing 9.3% CAGR during 2021-2028

Mushroom Market Overview

Mushrooms can be defined as edible macro-fungi that have been classified as vegetables. It is a rich source of potassium, riboflavin, vitamin D, selenium, and other ingredients beneficial for human health.

To have an edge over the competition by knowing the market dynamics and current trends of “Mushroom Market”, request for Sample Report here

Major Mushroom Market Drivers

The factors driving the global Mushroom Market include an increasing demand for processed food items among the population with cost effectiveness associated with multi-functionality of mushrooms, mushroom cultivation has boosted the growth of this market. For instance, in the last 20 years mushroom production increases on average around 5% which is almost tripling its volume achieving around 12 billion MT in 2019. Moreover, the rapidly growing of foodservice industry is also driving the demand for mushrooms across restaurants, hotels, and cafeterias. Surge in consumption of mushrooms as a substitute for meat, coupled with a growing number of vegan populations is further expected to contribute to market growth. According to United Nations estimate, the vegan population in 2021 is around 79 million in the world. Thus, these augment further drive the growth of the market. Additionally, increasing awareness regarding the health benefits of mushrooms as they can protect against cancer and are also beneficial for the people who are suffering from neurodegenerative diseases.

Restraint in the Mushroom Market

However, the major factor that is hampering the growth of mushrooms is its short shelf life which is restricting its adoption across the food industry. Additionally, mushroom cultivation is highly cost labour-intensive with high operational costs.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Type – Segment Analysis

Based on the Type, button mushroom is expected to grow at a higher CAGR rate in the Mushroom Market during the forecast period due to offering many health benefits. These are very low in calories and offer essential protein and amino acids and sufficient minerals, vitamins, and fiber levels. Moreover, Button mushrooms also carry vitamin D in the form of ergocalciferol used for bone growth and calcium metabolism. Thus, these factors have boosted the growth of this market.

Application – Segment Analysis

Based on the Application, fresh mushrooms are projected to grow at a higher CAGR rate in the Mushroom Market during the forecast period due to the increasing demand for healthier food products in which no preservatives are added. The demand for fresh food is projected to rise due to the rising inclination of humans toward organic food, and fresh mushrooms one of the best substitute for meat. Thus, these factors will boost the growth of this market.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, the Asia Pacific region is expected to grow at a higher CAGR rate in the global Mushroom Market during the forecast period. India, China, Japan, Malaysia, and Australia make some of the largest markets in the region. China is the largest mushroom producer globally, with more than 6,675,364 tonnes of production per year. This region is also popular for traditional medicine systems such as Traditional Chinese Medicines and Ayurveda, which use several mushroom species to treat diseases such as cancer, Tinea, etc. Thus, this will boost the growth of this market.

Top Market Players

Various notable players operating in the market, include, Agro Dutch Industries Limited, Weikfield Foods Pvt. Ltd, BioFungi GmbH, California Mushroom Farm Inc, Monaghan Group, Highline Mushrooms., Scelta Mushrooms BV, Monterey Mushrooms, Inc., Nasza-Chata.pl, Banken Champignons B.V., among others.

Key Developments:

• • In Feb 2021, the Brenntag Food & Nutrition announced an exclusive distribution agreement with Monaghan Group in the United States and Canada. This distribution agreement will cover the ingredients manufactured under the innovation arm of the Monaghan Group, which includes Vitamin B12 Mushroom, Vitamin D Mushroom Powder and Whole Mushroom Powder and can be used in food, beverage, nutraceutical, and supplement industries.
  • In Aug 2019, Highline Mushroom announced an investment of USD 20 million for the establishment for the second Crossfield farm.

Segments covered in the Report:

The global Mushroom Market has been segmented on the basis of Type, Application, Distribution Channel, and regions. Based on Type, the market is segmented into Oyster Mushrooms, Button Mushrooms, Shiitake Mushrooms and Others. Based on Application, the market is segmented into Processed Mushrooms and Fresh Mushrooms. Based on Distribution Channel, the market is segmented into Specialty Stores, Online Sales Channel, Hypermarkets & Supermarkets and Convenience Stores.

For detailed scope of the “Mushroom Market” report request a Sample Copy of the report

Market Segmentation

Global Mushroom Market by Type

• • Oyster Mushrooms
  • Button Mushrooms
  • Shiitake Mushrooms
  • Others

Global Mushroom Market by Application

• • Processed Mushrooms
  • Fresh Mushrooms

Global Mushroom Market by Distribution Channel

• • Specialty Stores
  • Online Sales Channel
  • Hypermarkets & Supermarkets
  • Convenience Stores

Global Mushroom Market by Region

• • North America Mushroom Market (Option 1: As a part of the free 25% customization)

    • North America Mushroom Market by Type
    • North America Mushroom Market by Application
    • North America Mushroom Market by Distribution Channel
    • US Mushroom Market All-Up
    • Canada Mushroom Market All-Up

  • Europe Mushroom Market (Option 2: As a part of the free 25% customization)

    • Europe Mushroom Market by Type
    • Europe Mushroom Market by Application
    • Europe Mushroom Market by Distribution Channel
    • UK Mushroom Market All-Up
    • Germany Mushroom Market All-Up
    • France Mushroom Market All-Up
    • Spain Mushroom Market All-Up
    • Rest of Europe Mushroom Market All-Up

  • Asia-Pacific Mushroom Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Mushroom Market by Type
    • Asia-Pacific Mushroom Market by Application
    • Asia-Pacific Mushroom Market by Distribution Channel
    • China Mushroom Market All-Up
    • India Mushroom Market All-Up
    • Japan Mushroom Market All-Up
    • Rest of APAC Mushroom Market All-Up

  • RoW Mushroom Market (Option 4: As a part of the free 25% customization)

    • RoW Mushroom Market by Type
    • RoW Mushroom Market by Application
    • RoW Mushroom Market by Distribution Channel
    • Brazil Mushroom Market All-Up
    • South Africa Mushroom Market All-Up
    • Saudi Arabia Mushroom Market All-Up
    • UAE Mushroom Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Mushroom Market All-Up

Major Players Operating in the Market Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Agro Dutch Industries Limited
  • Weikfield Foods Pvt. Ltd
  • BioFungi GmbH
  • California Mushroom Farm Inc
  • Monaghan Group
  • Highline Mushrooms.
  • Scelta Mushrooms BV
  • Monterey Mushrooms, Inc.
  • Nasza-Chata.pl
  • Banken Champignons B.V.