Dried Mushroom Market Growth and Future Outlook 2024-2033

The new report published by The Business Research Company, titled ""Dried 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 dried mushroom market size has grown strongly in recent years. It will grow from $3.92 billion in 2023 to $4.29 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The dried mushroom market size is expected to see strong growth in the next few years. It will grow to $6.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%.

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Rising Veganism Boosts Dried Mushroom Market With Plant-Based Dietary Demand
The rising interest in vegan food is expected to drive the dried mushroom market going forward. Vegan food is made entirely from plant-based ingredients, excluding all animal products such as meat, dairy, and eggs. Veganism is growing due to health, environmental, and ethical factors. Additionally, ethical considerations regarding animal welfare drive people to adopt veganism to avoid contributing to the exploitation of animals. Dried mushrooms significantly contribute to the growing interest in vegan food by offering a rich, umami flavor and a meaty texture that improve the taste of plant-based dishes. For instance, in June 2021, according to the data published by Grubhub, a US-based food ordering and delivery platform, vegan food delivery orders experienced a 17% overall increase in 2021, with orders for plant-based burgers rising by 28% and vegetarian orders seeing a notable 55% surge compared to trends observed in 2020. Therefore, the rising interest in vegan food drives the dried mushroom market.

Innovative Organic Nutraceutical Mushroom Powders Drive Growth In Dried Mushroom Market
Major companies operating in the dried mushroom market are increasing their focus on launching organic nutraceutical mushroom extract to be used as ingredients by food and supplement manufacturers. Organic nutraceutical mushrooms are natural health supplements derived from mushrooms for dietary support, immune enhancement, and overall wellness benefits. For instance, in September 2022, Ethical Naturals, a manufacturer of botanical-based products, collaborated with Nammex to create Mushroom-Plus, a new range of organic mushroom extracts designed to address particular health conditions. The new components include Nammex organic mushroom extracts and additional bioactive compounds to increase their therapeutic benefits and marketability. The Mushroom-Plus products contain standardized, organically certified mushroom extracts from Nammex, blended with other bioactive ingredients to enhance their benefits.

The dried mushroom market covered in this report is segmented -

1) By Product Type: Shiitake Mushrooms, Button Mushrooms, Oyster Mushrooms, Reishi Mushrooms, Milky Mushrooms, Winter Mushrooms, Paddy Straw
2) By Packaging: Cartons, Boxes, Polyethylene Bags
3) By Application: Food And Beverages, Food Supplements, Pharmaceuticals, Other Applications
4) By Distribution Channel: Supermarkets, Convenient Stores, E-Commerce, Specialized Stores

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Major companies operating in the dried mushroom market are Greenyard, Monaghan Mushrooms, Costa Group, Monterey Mushrooms LLC, Nature's Way Brands, Roland Foods LLC, Dalian Gaishi Food Co. Ltd., Weikfield Foods Pvt. Ltd., Sabarot, Banken Champignons B.V., Fungi Perfecti, Hirano Mushroom LLC, Far West Fungi, Hughes Mushrooms, Fresh Mushroom Europe, Ann Miller's Specialty Mushrooms Ltd., Mitoku Company Ltd., Sapna Foods Inc., Asia Pacific Farm Enterprises, Mycoterra Farm

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

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