Mushroom Market: Industry Analysis, Size, Share, Growth And Forecast To 2033

The new report published by The Business Research Company, titled Mushroom Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the mushroom market size has grown strongly in recent years. It will grow from $61.33 billion in 2023 to $66.53 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The mushroom market size is expected to see strong growth in the next few years. It will grow to $94.57 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.

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Growing Popularity Of Vegan Diets Fuels Increased Demand For Mushrooms
The increasing demand for a vegan diet is expected to propel the growth of the mushroom market. A vegan or plant-based diet excludes all animal products, meat, dairy, and eggs. Many consumers are moving towards vegan diets due to health, animal welfare, and environmental concerns, and because of this, the consumption of mushrooms is increasing. For example, in 2022, according to Cook Unity, a US-based company that offers flexible and convenient meal delivery plans that match customer needs and tastes, 5% to 6% of Americans who don't consume meat or fish will declare themselves vegetarians. Additionally, in December 2021, according to the Plant Based Foods Association, a US-based food association, plant-based food sales are rising, expanding 6.2% in 2021 over a record-breaking year of growth in 2020. Thus, the rising demand for a vegan diet is driving the mushroom market.

Mycologic Launches Automated Mushroom Production For Enhanced Quality And Yield
Companies in the market are focusing on investing in advanced technology to reduce production time and cost and gain a competitive advantage. For instance, in 2023, the BioInnovation Lab in the Kennesaw State University's College of Science and Mathematics launched the automated mushroom product technology, MycoLogic. MycoLogic allows farmers to grow a higher quantity and better quality of specialty mushrooms in 40-foot shipping containers equipped to create conditions optimized for growth.

The mushroom market covered in this report is segmented -

1) By Type: Button Mushrooms, Shiitake Mushrooms, Oyster Mushrooms, Other Products
2) By Forms: Fresh, Frozen, Dried, Canned
3) By Application: Food Processing, Retail Outlets, Food Services, Other Applications
4) By Distribution Channel: Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online Sales Channel

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Major companies operating in the mushroom market report are Monaghan Mushrooms Ltd, Monterey Mushrooms Inc, Giorgio Fresh Co, South Mill Champs, Costa Group Holdings Limited, Bonduelle Group, Greenyard NV, Scelta Mushroom BV, Drinkwater Mushrooms Ltd, Fresh Lawn Mushroom Pvt. Ltd, Chenab Impex Pvt. Ltd, Nuvedo Labs Pvt Ltd, Shanghai Finc Bio-Tech Inc, Fujian Junyuan Food Co Ltd, White Prince Mushrooms, Agro Dutch Industries Ltd, Kawayo Green Farm, Weikfiield Foods Pvt Ltd, Okechamp SA, CMP Mushrooms, Hughes Group, Nasza Chata, Carleton Mushroom Farms Ltd, Enviro Mushroom Farm Inc, F & A Veggy-Symphony, Highline Mushrooms, Phillips Mushroom Farms, Mushroom King Farm, Kitchen Pride Mushroom Farms, Corporacion Euro Caribe Andina, Brasil Global Trade, Shitakeiroscia Family Brazilian Farm, Natural Cogumelos, Ting Industria E Comercio Ltda, Mn Propolis Industria Comercio E Exportacao Ltda, Alejandro Varela, DF NATURAL, Huerta Dona Elvira, Amoro farm, Kinoko Mushroom Farms, Champignon Farm, Tekoa Farms, Eco Fresh, Below Farm, Kinoko Farms, Highveld Mushrooms, African Mushroom Growers, Medallion Mushrooms, Country Mushrooms Ltd, Denny Mushroom, Mushroom Guru, Mushroom Network, Soko Mushrooms

Contents of the report:
1. Executive Summary
2. Mushroom Market Report Structure
3. Mushroom Market Trends And Strategies
4. Mushroom Market - Macro Economic Scenario
5. Mushroom Market Size And Growth
…..
27. Mushroom Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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