The global mushroom market earned 50.4 billion dollars in 2021 and is expected to make 100.1 billion dollars by 2028, a 9.8% CAGR.
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).
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.
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.
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.
Report Attributes | Report Details |
---|---|
Report Name | Mushroom Market |
Market Size in 2021 | USD 50.4 Billion |
Market Forecast in 2028 | USD 100.1 Billion |
Compound Annual Growth Rate | CAGR of 9.8% |
Number of Pages | 176 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | 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, and Kulkarni Farm Fresh Private Limited. |
Segments Covered | By Product, By Form, By Category, By Distribution Channel, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2020 |
Historical Year | 2016 to 2020 |
Forecast Year | 2021 - 2028 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
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, and Kulkarni Farm Fresh Private Limited.
By Product
By Form
By Category
By Distribution Channel
By Application
By Region
FrequentlyAsked Questions
Rise in trend of consuming vegan diet across globe has become a key growth factor of mushroom market.
According to Zion market research report, 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.
Asia Pacific will contribute sizably towards the global market revenue over the projected timeline. A massive increase in Mushroom Market size in region over 2022-2028 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.
The key industry participants leveraging business sphere include 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, and Kulkarni Farm Fresh Private Limited.
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