The
global mushroom
market size was USD 50.40 Billion in 2021 and is expected to register
a revenue CAGR of 9.6% during the forecast period, according to the latest
analysis by Emergen Research. Growing trend of veganism and rising demand for
plant-based proteins, such as mycoprotein and meat alternatives, are expected
to drive revenue growth in the market.
In addition,
rising research activities for development of innovative mushroom-based
products are driving revenue growth in the market. For example, on 20 August
2020, Better Plant Sciences Inc. announced that its subsidiary Neonmind
Biosciences completed the final product development of Four distinctive
Ayurveda-inspired and botanically enhanced mushroom coffee blends. This organic
coffee contains mushroom extracts and Ayurvedic herbs, is rich in nutrients-
and antioxidants, and also helps to improve immunity. Special combinations of
reishi, cordyceps, lion's mane, and turkey tail mushrooms are found in the
formulae.
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Moreover,
matsutake mushroom is high in demand in Asian countries due to their potent,
spicy scent, meaty texture, and earthy flavor. This mushroom is very rarely
produced and was listed as an endangered species in 2020 July Red List
published by the International Union for Conservation of Nature (IUCN).
However,
production of mushrooms requires a lot of management, effort, and expertise to
get consistent and high-quality yields, which is a major factor hampering
revenue growth of the market. In addition, mushrooms can cause allergies,
nausea, and vomiting to a few people and have a pungent smell as it grows in
moist conditions, which also restrains revenue growth of the market.
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The
research study presents an industry-wide summary of the Mushroom Market
including drivers, constraints, technological advancements, product
developments, limitations, growth strategies, growth prospects, etc. among
others. The global Mushroom Market research report is an investigative study of
the market that offers key statistical data with regards to market size, market
share, revenue growth, and CAGR over the forecast period 2022-2030.
Companies profiled in the global Mushroom
market:
Bonduelle, Drinkwater Mushrooms, CMP Mushrooms, The Green Yard, and
Weikfield Foods PVT. LTD., BioFungi GmbH, Monaghan Group, Highline Mushrooms,
Monterey Mushrooms, LLC., Basciani Foods, Costa's Pty Ltd.
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Mushroom
Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of
MEA)
Emergen Research has segmented the global mushroom market based on
product type, distribution channel, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2019–2030)
Oyster
Button
Truffle
Matsutake
Others
Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
Online
E-commerce Platforms
E-Groceries
Offline Stores
Supermarkets
Convenience Stores
Others
Application Outlook (Revenue, USD Billion; 2019–2030)
Meat Alternative
Faux Leather
Coffee
Packaging
Others
End-Use Outlook (Revenue, USD Billion; 2019–2030)
Food
Building & Construction
Pharmaceuticals
Cosmetics
Others
Objectives
of the Report:
Study of the global Mushroom market size by key regions, types, and
applications with reference to historical data (2019-2020) and forecast
(2022-2030)
Industrial structure analysis of the Mushroom market by identification of
various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape bench marking
Analysis of Mushroom market based on growth trends, futuristic outlook,
and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in
the global Mushroom market
Comprehensive analysis of competitive developments such as expansions,
agreements, new product launches, and other strategic alliances
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