Mushroom Market Size, Share, Trends, Growth Report and Forecast 2028

Global Mushroom Market Overview:

The global Mushroom Market accrued earnings worth approximately 50.4 (USD Billion) in 2021 and is predicted to gain revenue of about 100.1(USD Billion) by 2028, is set to record a CAGR of nearly 9.8% over the period from 2022 to 2028. The study provides assessment and analysis of the Mushroom Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2021 along with a forecast from 2022 to 2028 based on revenue (USD Billion).

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Mushroom Market: Synopsis

Escalating awareness pertaining to intake of functional diet has produced boom in new era. Mushroom, being a functional constituent of diet, is widely consumed owing to its medicinal & nutritional property. Mushrooms belong to ascomycetes and have anti-oxidant & anti-microbial features. Reportedly, the product is rich source of immune-modulating & anti-cancer agents. They possess health-promoting features and are high source of new pharmaceuticals. Mushrooms find slew of applications in healthcare sector for treatment of skin disorders and AIDS. In addition to this, Mushrooms are anti-allergic and can be used as anti-choresterol, anti-cancer, and anti-tumor agents.

These products have high proportion of carbohydrates, xylans, like chitin, beta & alpha glucans, galactans, hemicellulose, and mannans. This has prompted their use as probiotics. It confers benefit to hosts through inhibition of exogenous pathogens.

Mushroom Market: Growth Factors

Rise in trend of consuming vegan diet across globe has become a key growth factor of mushroom market. High nutritional contents found in mushrooms have made their use popular in diet. Furthermore, ability of mushroom to reduce oxidative stress and need for minimizing risk of chronic diseases will open new growth avenues for mushroom industry. In addition to this, mushroom is a major source of myochemical and can boost defense mechanism of population. This will prop up use and penetration of product in diet, thereby driving market trends.

Moreover, surge in health awareness will pave a way for expansion of mushroom market. Apart from this, rise in funding of commercial cultivation activities will steer progression of mushroom industry. A prominent increment in fresh mushroom demand owing to growing preference for organic diet has culminated into rapid expansion of mushroom market.  

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Mushroom Market: Regional Landscape

Asia Pacific Market To Experience Lucrative Surge Over Forecasting Years

Expansion of mushroom market in APAC in forecasting years can be attributed to rise in disposable income of population in countries such as China. Apart from this, surging intake of mushroom in Asia nations such as India and Japan will open new vistas of growth in region over forecasting timespan. Additionally, acceptance of new methods of mushroom cultivation in sub-continent will enlarge scope of industry in forthcoming years. Presence of reputed manufacturers in region will culminate into humungous regional market expansion over upcoming years.

Mushroom Market: Segmentation

Based on the type the mushroom market can be segmented as milky mushroom, button, shiitake, oyster, paddy mushroom, winter mushrooms and reishi mushroom among others. Button mushroom held the largest market among all the other type segments owing to easy availability and great taste. Various application segments for the mushroom market include fresh mushroom, processed mushrooms such as dried, canned, frozen and others. Both fresh and processed mushrooms are used in food industry for the production of several food products. Some of the end users for the mushrooms market is food processing industry, medical and direct consumption. There has been immense growth in the food industry owing to rapid urbanization and growing population. Increasing demand for processed and packed food is driving the market for food industry which in turn expected to augment the demand for mushrooms.

Global Mushroom Market Report Scope:

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Mushroom Market: Competitive Overview

Mushroom has played a major role in controlling gut microbiota and has lucratively impacted food industry owing to its health promoting features. Apart from this, players in mushroom industry have also adopted product development strategies to expand their business across the globe, thereby favorably leveraging business landscape. We have profiled these players in our report and they are

• OKECHAMP S.A.
• Weikfield Foods Pvt. Ltd.
• Monaghan Mushrooms
• Monterey Mushrooms, Inc.
• Prime Fresh Ltd.
• Drinkwater Mushrooms Ltd
• Agro Dutch Industries Limited
• Scelta Mushrooms BV
• Bonduelle
• Modern Mushroom Farms
• Hughes Mushroom
• Banken Champignons BV
• Kulkarni Farm Fresh Private Limited.

The global Mushroom Market is segmented as follows:

By Product

• Button Mushroom
• Shiitake Mushroom
• Oyster Mushroom

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