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Global Mushroom Market || Agro Dutch Industries Ltd., The Mushroom Company, Banken Champignons BV, OKECHAMP S.A., Bonduelle SA, Modern Mushroom Farms, Inc., Drinkwater Mushrooms Ltd., Hughes Mushroom, Weikfield Foods Pvt. Ltd

02-17-2021 12:43 PM CET | Health & Medicine

Press release from: Prophecy Market Insights

PROPHECY MARKET INSIGHTS

PROPHECY MARKET INSIGHTS

Mushroom which is also known as toadstool, is the fleshy, spore-bearing fruiting body of a fungus which are grown above soil or ground. Mushrooms are of different shape like domed cap on stalk, and gills underside of the cap. Mushrooms are highly rich in nutrients like proteins, vitamins, and irons. Mushrooms have many health benefits such as relief from high cholesterol level, breast cancer, prostate cancer, and diabetes. Mushrooms are helpful in reducing weight and strengthening immune system. There are certain side effects of eating mushroom such as skin rashes, stomach pain, headache, etc.

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Increasing use of mushrooms in medical applications and growing awareness among individuals pertaining to mushroom consumption are the major factor driving growth of the global mushroom market. Also, increasing use of mushroom in food and beverages is the another factor anticipated to aid in growth of the target market. Moreover, minimal land usage for mushroom cultivation, and increasing consumer preference for consumption of processed foods are other factors propelling growth of the target market. The growing market of processed food and increasing dependency on imported items is another factor fueling growth of the target market. Shifting consumer preferences towards vegan food and increasing meat substitute demand is expected to aid in growth of global mushroom market over the forecast period. However, high cost of preservation due to low shelf life is a major restraint for growth of the target market. In addition, low rate of return on production of mushrooms is another factor hampering growth of the target market. Also, consumption of mushroom can sometimes cause certain side-effects such as skin rashes which in turn can hamper growth of the target market. Improving the shelf life of mushroom with smart packaging and other advanced technologies can pump up growth of the target market over the forecast period.

The global mushroom market is segmented on the basis of type, application and region. Based on type, the global mushroom market is divided into button, shiitake, oysters, and others. On the basis of application, the target market is bifurcated into fresh, processed, dried, frozen, canned, and others.

On the basis of region, the global mushroom market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is accounted for largest market share in terms of revenue in the global mushroom market, owing to high demand for mushrooms from various end use industries in the region. North America is accounted for the second largest market share in terms of revenue in the target market due to the growing health awareness among individuals, and increasing use of mushrooms in food & beverage industry in countries in the region. Asia Pacific is expected to witness the significant growth in terms of revenue over the forecast period. This is attributed to the high consumption rate of mushroom in emerging economies such as China and South Korea.

Key players operating in the global mushroom market are Agro Dutch Industries Ltd., The Mushroom Company, Banken Champignons BV, OKECHAMP S.A., Bonduelle SA, Modern Mushroom Farms, Inc., Drinkwater Mushrooms Ltd., Hughes Mushroom, Weikfield Foods Pvt. Ltd., Scelta Mushrooms BV.

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Prophecy Market Insights
Phone: +91 777 504 9802
+1 860 531 2701
Email: sales@prophecymarketinsights.com

About us:
Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

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