Mushroom Market Report 2022: Market Capacity, Market Overview, Consumption, Status and Prediction 2030
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
global Mushroom Market report covers the analysis of drivers, trends,
limitations, restraints, and challenges arising in the Mushroom Market. The
report also discusses the impact of various other market factors affecting the
growth of the market across various segments and regions. The report segments
the market on the basis of types, applications, and regions to impart a better
understanding of the Mushroom Market.
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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