Global Mushroom Market to outgrow USD 66.9 BN by 2025
Posted On April 18, 2019
The Global Mushroom Market is expected to cross USD 66.9 BN by 2025 with a steady high CAGR of 8.0% between 2019 and 2025. The market was estimated at USD 38.9 BN (by revenue) in 2018. This market release by Value Market Research opens up on the comprehensive understanding of the market with the help of market outlook, growth factor, restraints, opportunities, challenges, trends, size, competitive analysis, and important competitors. The study carefully evaluates the market and answers key questions such as future market prospects, growth trends and identification of profit making strategies.
Mushroom is categorized under vegetables that contain various vitamins, nutrients and also contain low fat and cholesterol contents. Mushrooms completely depend on other plants for their food, as they don't have chlorophyll and because of which they are often called parasitic in nature. Mushroom considerably has short shelf-life from less than a day to a month. Apart from its consumption as a food, the mushroom can also be used for medicinal purposes as they contain vitamin B and vitamin D content as well as calcium, phosphorus, potassium, magnesium and other minerals.
The report "Global Mushroom Market Report By Type (Button Mushroom, Shiitake Mushroom, And Oyster Mushroom), Form (Fresh Mushroom And Processed Mushroom) End-Use (Food Processing Industry, Retail Outlets, And Food Service) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2018-2025" cover comprehensive assessment of the most important market dynamics for better understanding of readers.
The growth of the mushroom market can be attributed to the rising awareness regarding health benefits among consumer, shifting consumer preferences towards low-fat contents and healthy food coupled with the rising cultivation of the mushroom worldwide. Also, rising applications of mushroom in soups, casseroles, and salads coupled with the wide availability of mushroom across various hyper and supermarket are also projected to boost the market growth. Growing consumption of mushrooms since they reduce the chances of high blood pressure and cardiovascular disease as they are low in sodium content and high in potassium is further promoting market growth. The market of mushroom is also expected to gain benefit from growing demand for vegan food along with the expanding biotechnology laboratory as they help to improve the cultivation environment for mushroom breeding process.
Segmentation of the market has been done on the basis of type, form, and region. By type, the market has been categorized into button mushroom, shiitake mushroom, and oyster mushroom. Out of which, button mushroom is leading the segment owing to rising consumption as ingredient across different food products along with the increasing awareness of health fitness has elevated interest of the consumer in organic food items, which is expected to propel the demand for button mushroom. By form, the market has been classified into fresh mushroom and processed mushroom. Among which, the fresh mushroom is gaining hype in the market owing to additional health benefits associated with the fresh mushroom along with shifting consumer preference towards fresh and organic food is driving product demand. By end-use, the market has been fragmented into food processing industry, retail outlets, and food service. Foodservice segment is dominating the market owing to increasing applications of mushroom in food products especially in soups, casseroles, salads.
Geographically, the market has been segmented across the top five regions namely North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Europe is dominating the global mushroom market since Europe is accounted for the largest producer of mushroom, is fueling market growth. Also, high demand for canned and fresh mushroom among consumer is expected to bolster the market growth in this region.
The Report Segments Global Mushroom Market -
- Button Mushroom
- Shiitake Mushroom
- Oyster Mushroom
- Fresh Mushroom
- Processed Mushroom
- Dried Mushroom
- Frozen Mushroom
- Canned Mushroom
- Food Processing Industry
- Retail Outlets
- Food Services
- North America
- Latin America
- Middle East and Africa
Players Profiled In The Report:
Bonduelle SA, CMP Mushrooms Greenyard NV, Costa Group, Drinkwater’s Mushroom Ltd., Monaghan Mushrooms, Monterey Mushrooms Inc., Okechamp S.A., Shanghai Finc Bio-Tech Inc., and The Mushroom Company.
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