Shiitake Mushroom Market CAGR Of 8.3% During The Forecast Period 2022-2030

The global shiitake mushroom market is expected to grow from USD 2.3 billion in 2021 to USD 4.7 billion by 2030, at a CAGR of 8.3% during the forecast period 2022-2030.

Shiitake mushrooms are used more frequently in pharmaceuticals for the treatment of cardiovascular disorders and aid in weight management because they contain fewer calories. The market is expanding due in part to the rising number of vegans. In addition, the market is expanding due to the expanding use of shiitake mushrooms in the food processing sector. However, shiitake mushrooms can be harmful for the user and might result in blood issues, stomach discomfort, and skin edoema when used excessively as a treatment or when eaten raw.

Additionally, it might make the skin more sensitive to the sun's rays, and in some people, it can lead to respiratory problems or allergic skin reactions, which limits market expansion. It is anticipated that the growing use of shiitake mushrooms in the cosmetics industry will spur market expansion. Due to the high upfront costs and extended time commitment involved in growing shiitake mushrooms, many producers are unwilling to enter the industry, which poses an obstacle to the market's expansion.

Market Trends:

Over the past 20 years, there has been a significant change in how individuals live their lives and what they eat. Urbanization and consumerism were the driving forces behind this transformation, which led in a sharp increase in the consumption of artificial and synthetic food products and an uptick in the prevalence of lifestyle disorders. As a result, consumers are gradually turning to functional foods and beverages, which are marketed as having benefits above and beyond basic nutrition. These goods are said to offer optimal nutrition and lower the chance of developing disease. Additionally anticipated to support the growth of the shiitake market over the projected period is an increase in consumer disposable income that encourages them to spend more on items that promote healthy eating.

Functional foods are gaining high-popularity among the health conscious consumers. During the forecasted period, the demand for medicinal mushrooms such as shiitake is expected to increase significantly, and they're being were incorporated in various functional food and beverages. For instance, maitake and shiitake are delicious simply sautéed with garlic.

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Global Shiitake Mushroom Market: Segmentations

Global Shiitake Mushroom Market: By Key Players
Bonduelle SA (France)
Mitoku Company(Japan)
The Mushroom Company (US)
Modern Mushroom Farms (US)
Hirano Mushroom LLC (Kosovo)
Banken Champignons (the Netherlands)

Global Shiitake Mushroom Market: By Types
Fresh
Dried

Global Shiitake Mushroom Market: By Applications
Food
Pharmaceuticals
Cosmetics

Global Shiitake Mushroom Market: Regional Analysis
The countries covered in the regional analysis of the Global Shiitake Mushroom market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Over the past 20 years, there has been a significant change in how individuals live their lives and what they eat. Urbanization and consumerism were the driving forces behind this transformation, which led in a sharp increase in the consumption of artificial and synthetic food products and an uptick in the prevalence of lifestyle disorders. As a result, consumers are gradually turning to functional foods and beverages, which are marketed as having benefits above and beyond basic nutrition. These goods are said to offer optimal nutrition and lower the chance of developing disease. Additionally anticipated to support the growth of the shiitake market over the projected period is an increase in consumer disposable income that encourages them to spend more on items that promote healthy eating.

Due to its excellent nutritional and therapeutic value, shiitake mushrooms are the second most popular mushroom consumed worldwide. People today place more emphasis on changing their eating and lifestyle habits. People are becoming more conscious of the health issues they experience after ingesting unhealthy and processed foods. As a result, they are turning to functional foods and drinks. These foods give you the necessary nutrition and lower your chances of getting sick. Shiitake mushrooms are employed in the production of a number of functional foods, which is what is driving the market for these foods among health-conscious consumers.

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