Mushroom Market Overview

Maximize Market Research, a leading business consultancy firm, has released an exhaustive analysis report on the Mushroom Market. The report encompasses crucial business insights, demand analysis, pricing trends, and competitive landscape assessment. Offering an in-depth perspective, the report sheds light on the current state of the Mushroom Market and provides forecasts extending into the future.

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Market Growth Perspective:

Mushroom Market was valued at USD 60.69 Billion in 2023, and it is expected to reach USD 115.30 Billion by 2030, exhibiting a CAGR of 9.6 % during the forecast period (2024-2030)

Market Dynamics for Mushrooms

Investing More in Intelligent Automation to Promote Growth in Mushroom Production: An estimated one-third of all production costs go toward labor in the rapidly expanding field of edible fungus production. Many corporations and industry associations have been inspired to invest in automated processes for their processing facilities as a result. In 2020, the edible fungus manufacturing and consultancy company Panbo Systems BV constructed a next-generation production facility that employs robots and advanced control systems to move pickers away from growth areas and increase output by over 300%. This innovative system will use robot trucks to help with picking, filling, and emptying the growing racks along with cameras to track growth.

Mushroom Market Scope and Methodology:

The Mushroom Market report offers comprehensive information on key aspects driving industry growth and potential challenges. Stakeholders gain insights into the competitive landscape, product offerings of prominent companies, and investment opportunities within the Mushroom industry. The research encompasses both qualitative and quantitative analysis, drawing from primary and secondary data sources, including government websites, publications, annual reports, and expert evaluations.

Market Segmentation

The report delves into segment-wise analysis, providing a detailed breakdown of the Mushroom Market landscape.

by Type

Button Mushroom
Shiitake Mushroom
Oyster Mushroom
Others

The button mushroom, shiitake mushroom, oyster mushroom, and other categories make up the Type section of the worldwide mushroom market. With a 61.8% market share in 2023, the Button Mushroom category had the biggest share. Because of their antioxidant qualities and shorter incubation period for their spores, they are widely farmed all over the world. Furthermore, throughout the course of the forecast period, the market is anticipated to expand as a result of their lower costs when compared to their competitors. On the other hand, throughout the course of the forecast period, the worldwide mushroom market is anticipated to develop at the highest CAGR of 7.3% for the shiitake sector. Due to their mouthwatering taste and several health advantages, they come in fresh and premium forms, such as dried.

by Form Type

Fresh Mushroom
Processed Mushroom
Dried Mushroom
Frozen Mushroom
Canned Mushroom
Others

The fresh and processed mushroom segments of the global mushroom market are separated based on the type of mushroom. With 89.7% of the market, the Fresh Mushroom category had the biggest share in 2023. Fresh mushrooms are in high demand due to consumer preferences for uncooked and organic foods. Fresh products have a limited shelf life, which makes distribution challenging for suppliers and manufacturers. On the other hand, growing emerging technologies and the use of packaging in a changed environment have removed the constraints imposed by the short shelf life of mushrooms, leading to a growth in the market.

by Distribution Channel

Hypermarkets and Supermarkets
Conventional Store
Others

The hypermarket/supermarket is predicted to rule the market during the projection period based on Distribution Channel. 38.3% of sales in 2023 will come from supermarkets and hypermarkets, which are the primary distribution channels for mushrooms. The penetration of supermarkets and hypermarkets is higher in developed regions like North America and Europe than in developing ones. Supermarkets and hypermarkets were the primary distribution channels for this product as of 2023 due to their abundance of options in one place and ease of purchasing. Supermarket and hypermarket expansion has been hindered by shifting consumer preferences and growing competition from online grocers offering cheap mushrooms.

by Application

Food Processing Industry
Retail Outlets
Food Services
Others

In 2023, the market was dominated by the food application segment, according to application. With an 86.8% sales share in 2023, the food application category led the pack. This application considers how households and food services use both fresh and processed versions. Mushrooms have very little salt and gluten, and they are low in fat and cholesterol. Important components including vitamins, minerals, proteins, and selenium can also be found in mushrooms. It is therefore becoming more and more popular among clients who are health-conscious and workout enthusiasts. Customers choose food items and beverages that are healthy and contain nutrients from natural or clean sources. To capitalize on this trend, food and beverage companies are developing dishes and beverages based on mushrooms.

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Market Key Players

Key players in the Mushroom Market are identified and profiled, offering insights into their strategies and market presence.

1. Drinkwater’s Mushrooms Ltd
2. Lutece Holdings B.V.
3. Okechamp S.A.
4. The Mushroom Company
5. Bonduelle SCA
6. Monterey Mushrooms Inc.
7. Costa Group Holdings Limited
8. Shanghai Finc Bio Tech Inc.
9. Monaghan Mushrooms Ltd.
10. CMP Mushrooms Greenyard NV
11. Fresh Stock
12. Agro Dutch Industries Ltd
13. Hughes Mushroom
14. Modern Mushroom Farms
15. Scelta Mushrooms BV
16. The California Mushroom Farms Inc
17. Banken Champignons
18. Ecolink Baltic
19. Kulkarni Farm Fresh Pvt. Ltd
20. Weikfield Foods Pvt. Ltd.

Mushroom Market Regional Insights

This study does a complete analysis of all pertinent parameters, including market size, growth rate, and import and export by region. The research's geographical study makes it possible to comprehend the Mushroom market situations in several different nations. The Mushroom market is made up of the markets in Europe, Asia Pacific, Latin America, Africa, and the Middle East.

Table of content for the Mushroom Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Mushroom Market Report

Part 03: Mushroom Market Landscape

Part 04: Mushroom Market Sizing

Part 05: Mushroom Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the Mushroom Market are:

• What is Mushroom?
• What was the Mushroom market size in 2023?
• What is the growth rate of the Mushroom Market?
• Which are the factors expected to drive the Mushroom market growth?
• What is the CAGR at which the Mushroom market will grow during the forecast period?
• What are the different segments of the Mushroom Market?
• Which is the fastest growing region in the Mushroom market?
• What growth strategies are the players considering to increase their presence in Mushroom?
• What are the upcoming opportunities and trends for the Mushroom Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Mushroom Market?
• Who are the leading companies and what are their portfolios in Mushroom Market?
• What segments are covered in the Mushroom Market?
• Who are the key players in the Mushroom market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis

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