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 analysis. 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:
A mushroom, classified as fungi, represents a diverse group of edible organisms with immense commercial potential. These fleshy, spore-bearing structures emerge from mycelium, the vegetative part of the fungus. Renowned for their unique taste, texture, and nutritional value, mushrooms have become a culinary delight worldwide. With a wide range of species, it offers a versatile ingredient for various gastronomic creations. Moreover, their rich content of essential nutrients, vitamins, and antioxidants positions them as a healthy and sustainable dietary choice.
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Global Mushroom Market Trends:
The global market is majorly driven by the increasing consumer awareness of the nutritional benefits and culinary versatility of mushrooms. In line with this, the rising health consciousness among consumers is significantly contributing to product demand worldwide. Furthermore, the growing popularity of plant-based and vegan diets has led to an accelerating demand for mushrooms as a meat substitute in various dishes, further propelling market growth. Apart from this, the mushroom offers a wide range of flavors and textures, making them a favorite ingredient in diverse culinary preparations, catalyzing the market.
Moreover, certain mushroom varieties, such as reishi, shiitake, and lion’s mane, are believed to possess medicinal properties, promoting immune system support, cognitive health, and overall well-being, leading to their inclusion in dietary supplements and functional foods, further stimulating the market. Besides, the introduction of innovative mushroom-based products, such as meat substitutes, snacks, sauces, and powders, is expanding the market reach and attracting new consumer segments. Additionally, the advances in mushroom cultivation techniques, such as controlled environment agriculture (CEA) and vertical farming, have improved production efficiency, quality control, and year-round availability, supporting market expansion.
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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.
About Us:
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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