According to the latest report by IMARC Group, titled 'Mushroom Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032', offers a comprehensive analysis of the global mushroom market forecast. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global mushroom market size reached US$ 67.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 116.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032.
Mushroom Market Overview:
Mushrooms are a diverse group of fleshy fungi that are used for culinary, medicinal, and environmental purposes. They vary widely in shape, size, color, and flavor, encompassing a range of species such as shiitake, button, oyster, and porcini. Cultivated in a controlled environment or harvested in the wild, mushrooms are appreciated for their unique umami flavor and nutritional benefits, including high levels of vitamins, minerals, and antioxidants. They are a vital source of vegetarian protein and have been linked to health benefits such as immune system enhancement and cholesterol reduction. Additionally, certain types of mushrooms are used in bioremediation, known as mycoremediation, to degrade environmental contaminants. In culinary applications, mushrooms are versatile ingredients that can be used in numerous dishes, providing texture and depth of flavor. Their low calorie and high nutrient content make them highly advantageous for a health-conscious consumer base, promoting their inclusion in diets focused on wellness and natural foods.
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Global Mushroom Market Trends:
The global market is experiencing robust growth, fueled by rising consumer awareness of the health benefits associated with mushroom consumption and a growing preference for plant-based diets. This trend is supported by the nutritional advantages of mushrooms, which align well with contemporary dietary shifts towards foods that support health and wellness. Technological advancements in mushroom farming, such as controlled environment agriculture (CEA) and artificial intelligence (AI) to optimize growth conditions, have significantly increased production efficiency and yield quality. This enables producers to meet the rising global demand effectively. Moreover, the expansion of the vegan and vegetarian population, particularly in urban centers, is propelling the demand for mushrooms as a protein alternative. Additionally, the use of mushrooms in diverse culinary traditions worldwide is contributing to their increased consumption. Sustainability initiatives, which prioritize environmentally friendly food production practices, further bolster the market, as mushrooms are recognized for their low environmental footprint compared to traditional agriculture products. Given these factors, the global mushroom market is growing, driven by health trends, culinary versatility, and sustainability considerations.
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
Key Market Segmentation:
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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