Mushroom Market Revenue To Reach Highest Peak Of Growth With USD 100.1 Bn Earnings By 2028

04-Apr-2022 | Zion Market Research

According to study of Zion Market Research, Mushroom industry accrued earnings nearly about US$ 50.4 billion in 2021 and is anticipated to gain revenue of about US$ 100.1 billion by 2028, is slated to record highest gains of nearly 9.8% in timescale from 2022 to 2028. Moreover, expansion of mushroom industry over ensuing years owing to its high nutritional contents such as vitamin D, ergothioneine, selenium, and glutathione. In addition to this, need for preventing chronic disorders including dementia, cancer, and heart disorders will crop up expansion of mushroom market. Rise in cultivation of mushrooms across the globe owing to its beneficial features will boost market trends. Furthermore, spectrum of applications of non-edible mushrooms in pharmaceutical & nutraceutical sectors will push growth of mushroom market. With humungous use of mushroom as protein and mineral rich alternative to meat, the market for mushroom market is likely to gain traction in years to come.

Button Segment To Lead Product Landscape Over 2022-2028

The segmental growth over forecasting timeline can be credited to extensive use of button mushroom in various food & beverages owing to its health benefits. In addition to this, low cost of product in comparison to its equivalents along with its low incubation period will drive segmental growth.

Fresh Category of Mushrooms Will Account For Major Sales By 2028

Massive evolution of fresh segment in upcoming years is subject to rise in number of end-users consuming organic & unprocessed food for enhancing health benefits. Moreover, technological breakthroughs including utilization of tailored atmosphere packing will enlarge demand for fresh mushrooms in years to come.

Food Application To Contribute Majorly Towards Overall Market Share By 2028

Rapid expansion of food segment over forecasting years can be due to massive use of mushroom in routine diet in both emerging economies as well as developed countries. As mushrooms possess low fats and reduced sodium & gluten, they are preferred more by both young and adult population as well as health-conscious persons. High focus on maintaining fitness will impel demand for mushrooms. Furthermore, food & beverages firms have introduced mushroom-infused food & drinks products. Citing an instance, in first half of February 2021, U.S. based firm named as FreshCap Mushrooms Limited launched functional drinks infused with mushroom.

Europe To Account Noticeably Towards Regional Market Revenue By 2028

Growth of regional market over forecasting timespan is subject to rise in purchasing capacity of individuals and high demand for exotic mushrooms in continent. In addition to this, rise in mushroom imports in Europe owing to prominent sales & intake of mushroom in diet of people witnessed in European countries will drive regional market progression. Large cooking of mushroom-based products in restaurants and hotels in countries such as France, Holland, the UK, Poland, Germany, and Italy will prop up growth scale of mushroom market in European continent.  

Some of the major players have strongly leveraged market size and this trend is anticipated to remain even in foreseeable future. We have profiled them in our report and they are OKECHAMP S.A., Banken Champignons BV, Weikfield Foods Pvt. Ltd., Monaghan Mushrooms, Monterey Mushrooms, Inc., Scelta Mushrooms BV, Hughes Mushroom,   Prime Fresh Ltd., Drinkwater Mushrooms Ltd, Bonduelle, Agro Dutch Industries Limited, Modern Mushroom Farms, and Kulkarni Farm Fresh Private Limited.

Browse the full Mushroom Market - By Product (Button, Shiitake, And Oyster), By Form (Fresh And Processed), By Category (Fresh Mushroom, Dried Mushroom, Canned Mushroom, Frozen Mushroom, And Others), By Distribution Channel (Supermarket And Hypermarket), And By Application (Food, Cosmetics, And Pharmaceuticals): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/mushroom-market

The global Mushroom Market is segmented as follows:

By Product

  • Button
  • Shiitake
  • Oyster

By Form

  • Fresh
  • Processed

By Category

  • Fresh Mushroom
  • Dried Mushroom
  • Canned Mushroom
  • Frozen Mushroom
  • Others

By Distribution Channel

  • Supermarket
  • Hypermarket

By Application

  • Food
  • Cosmetics
  • Pharmaceuticals

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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