Mushroom Market Trends, Size, Share, Analysis, Growth, Key Players, and Forecast 2023-2028

According to the latest report by IMARC Group, titled “Mushroom Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global mushroom market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global mushroom market size reached US$ 63.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 90.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

Mushroom Market Overview: 

Mushroom refers to a kind of fungi that is widely considered edible and forms a vital part of various cuisines across the globe. Edible mushrooms are typically grown in a controlled environment with appropriate humidity, light, ventilation, nutrients, soil pH levels, and air pressure. They are a rich source of selenium, potassium, riboflavin, and Vitamin D and are proven to be highly beneficial in building immunity, managing weight, and minimizing the risks of several chronic illnesses. Button, shitake, paddy, oyster, milky, and reishi are the most common types of available edible mushrooms, which are directly consumed by the households and find extensive utilization across the food processing industry. In addition to this, various kinds of non-edible mushrooms are also used in the pharmaceutical and nutraceutical sectors.

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Global Mushroom Market Trends:

The rising consumer health consciousness across the globe and the expanding food and beverage (F&B) industry are primarily driving the mushroom market. Besides this, the escalating product demand as a protein, vitamin, and mineral-rich substitute for meat, owing to the shifting dietary preferences toward vegan foods, is further augmenting the market growth. Moreover, the growing popularity of mushrooms in the pharmaceutical sector, as they consist of compounds that aid in the treatment of diseases, such as hypertension and hypercholesterolemia, is also catalyzing the global market. Apart from this, several advancements in packaging technologies and the development of humidity-regulating packing materials by the leading companies that prevent water condensation and prolong shelf-life are acting as significant growth-inducing factors. Additionally, the increasing consumption of organic food, the emerging trend of urbanization, and the inflating consumer expenditure capacities are also stimulating the market growth. Furthermore, the extensive product utilization in the manufacturing of medicines, on account of its anti-inflammatory, antioxidant, and antitumor properties, is anticipated to propel the mushroom market over the forecasted period.

Key Market Segmentation:

Competitive Landscape with Key Players:                                                

• Agro Dutch Industries Ltd.
• Bonduelle Fresh Europe
• Drinkwater Mushrooms Ltd.
• Monaghan Mushrooms Inc.
• Monterey Mushrooms Inc.
• OKECHAMP S.A.
• Shanghai Finc Bio-Tech Inc.
• The Mushroom Company

Breakup by Mushroom Type:

• Button Mushroom
• Shiitake Mushroom
• Oyster Mushroom
• Others

Breakup by Form:

• Fresh Mushroom
• Canned Mushroom
• Dried Mushroom
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Grocery Stores
• Online Stores
• Others

Breakup by End-Use:

• Food Processing Industry
• Food Service Sector
• Direct Consumption
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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