Global Mushroom Market expected to reach USD 59.48 billion in 2021
Zion Research has published a new report titled “Mushroom Market by Type (Milky Mushroom, Button, Shiitake, Oyster, Paddy Mushroom, Winter Mushrooms, Reishi Mushroom and Others), by Category (Fresh Mushroom, Dried Mushroom, Canned Mushroom, Frozen Mushroom and Others) for Food Processing Industry, Medical and Direct Consumption: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”. According to the report, global demand for the mushroom market was valued at over USD 35.08 billion in 2015, is expected to reach above USD 59.48 billion in 2021 and is anticipated to grow at a CAGR of slightly above 9.2% between 2016 and 2021.
Asia pacific is expected to show the highest growth in the mushroom market owing to escalating demand from the food industry. Mushroom is highly consumed in China Japan and India due to its high nutritional content. Rising prevalence of various diseases due to hectic lifestyle has led people to turn towards the organic and healthy food. This is likely to foster the demand for mushrooms in this region. Mushroom requires less space and low cost for cultivation which resulted in the majority of producers to turn towards the mushroom cultivation. Also, rapidly expanding food industry in India and China positively impact on the mushroom market.
Browse through 46 Market Tables and 26 Figures spread over 110 Pages and in-depth TOC on “Global Mushroom Market: By Type, Application, Industry Size, Share, Growth, Prices, Segment and Forecast 2015-2021”.
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North America and Europe are the most potent regions for the mushroom market. Europe is the largest market for the cultivation and processing of mushrooms. Therefore Europe accounted for more than 35 % of total market share in the mushroom processing and cultivation market. There has been tremendous growth in demand for organic food in North America due to growing incidence of diabetics and obesity in this region. Mushroom possess the nutritional properties such as low cholesterol and no fat. Hence mushroom is utilized as the staple food for patients suffering from obesity, high cholesterol, and others. There has been the shift in preference for healthy and organic food from the health conscious populace has significantly contributed to the growth of the mushroom market in North America and Europe.
Latin America is witnessing an unprecedented boom in recent times due to high use of mushroom as ingredients in various food products. Brazil market constitute of several processed food products due to high demand from the consumers, this trend is expected to trigger the mushroom market growth. The Middle East and Africa exhibits decent growth in the next years due to the abundance of raw resources and favorable conditions for the mushroom growth.
Browse the full "Mushroom Market by Type (Milky Mushroom, Button, Shiitake, Oyster, Paddy Mushroom, Winter Mushrooms, Reishi Mushroom and Others), by Category (Fresh Mushroom, Dried Mushroom, Canned Mushroom, Frozen Mushroom and Others) for Food Processing Industry, Medical and Direct Consumption: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/mushroom-market
Intense competition among the players due to the presence of several vendors in the market forces the companies to follow different strategies like product innovation to sustain in the market. Monaghan Mushrooms, Fresh Stock, Agro Dutch Industries Ltd, Bonduelle, Modern Mushroom Farms, Hughes Mushroom, Scelta Mushrooms BV, Drinkwater Mushrooms Ltd, Banken Champignons, the California Mushroom Farms Inc, Monterey Mushrooms, Inc, Ecolink Baltic, OKECHAMP S.A., The Mushroom Company, Weikfield Foods Pvt. Ltd and Kulkarni Farm Fresh Pvt. Ltd among others is some of the key profiles in the mushroom market.
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This report segments the mushroom market as follows:
Mushroom Market: Type Segment Analysis
- Milky mushroom
- Button mushroom
- Shiitake mushroom
- Oyster mushroom
- Paddy mushroom
- Winter mushroom
- Reishi mushroom
Mushroom Market: Applications Segment Analysis
- Fresh mushroom
- Processed mushrooms
- Dried mushrooms
- Canned mushrooms
- Frozen mushrooms
Mushroom Market: End User Segment Analysis
- Food industry
- Direct consumption
Mushroom Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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