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 analysis. 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 Trends:
The growing awareness of the health benefits associated with mushroom consumption is driving the global market. Additionally, the increasing popularity of plant-based diets is propelling market growth as mushrooms serve as a viable meat substitute. Furthermore, advancements in mushroom cultivation techniques are enhancing yield and quality, making mushrooms more accessible and appealing to consumers. Moreover, the rising demand for organic and natural food products is contributing to the expansion of the mushroom market. The food and beverage industry are increasingly incorporating mushrooms into a variety of products, further stimulating market growth. Besides, the pharmaceutical industry's interest in the medicinal properties of mushrooms is leading to increased research and development activities. Additionally, the global trend towards sustainable and environmentally friendly agricultural practices is favoring mushroom farming due to its low environmental footprint.
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Global Mushroom Market Scope & Growth Analysis:
The scope of the market is expanding due to the diversification of mushroom species cultivated for commercial purposes, enhancing market reach. Innovative applications of mushrooms in functional foods and nutraceuticals are expanding the market's boundaries. The integration of mushrooms in alternative protein sources and meat substitutes is a major factor in broadening the market scope. The adoption of vertical farming and controlled environment agriculture is optimizing mushroom production, ensuring consistent supply and quality. Increased investment in mushroom-based biotechnological research is opening new avenues in pharmaceuticals and bioengineering. The development of mushroom-derived products, such as dietary supplements and health tonics, is catering to the wellness market. Additionally, the rising trend of gourmet and exotic mushrooms in culinary arts is attracting high-end consumers. The market is also witnessing growth due to the increasing use of mushrooms in traditional and complementary medicine, reflecting their cultural significance and therapeutic potential.
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
Why Choose IMARC Research Report:
- Strong Market Research Expertise
- Targeted Marketing Strategies
- Innovative Solutions
- Comprehensive Analysis
- Accuracy and Reliability
- Provides Insightful Forecasts
- Available Customization Options
- Strong Customer Service
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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