Global Mushroom Market to Soar: Valued at USD 60.69 Billion in 2023, Projected to Reach USD 115.30 Billion by 2030 with a Robust CAGR of 9.6%

𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

The global mushroom market is on track to experience substantial growth, with its size valued at USD 60.69 billion in 2023 and projected to reach USD 115.30 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.6% during the forecast period from 2024 to 2030.

𝐍𝐮𝐭𝐫𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐮𝐞𝐥𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝

Mushrooms are rich in essential nutrients, including riboflavin, potassium, vitamin D, and selenium, contributing to their rising popularity among health-conscious consumers. Clinical studies suggest that mushroom consumption may enhance immunity, aid in weight management, and reduce the risk of chronic diseases such as prostate and breast cancer.

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐂𝐮𝐥𝐭𝐢𝐯𝐚𝐭𝐢𝐨𝐧

The mushroom industry is witnessing increased investments in smart automation to enhance production efficiency. For instance, Panbo Systems BV, a mushroom manufacturing and consulting firm, developed a next-generation production facility in 2020 that utilizes high-tech control systems and robots, resulting in a more than 300% increase in output.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's mushroom industry is experiencing growth due to favorable climatic conditions and government support for agricultural diversification. The country is focusing on enhancing production capacities to meet both domestic and international demand.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand is exploring opportunities in mushroom cultivation, particularly in rural areas, as a means to boost local economies. The government's initiatives to promote sustainable agriculture are expected to drive growth in this sector.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan has a long-standing tradition of mushroom consumption, with varieties like shiitake being integral to its cuisine. The market is characterized by a high demand for both fresh and processed mushrooms, with consumers favoring their health benefits and unique flavors.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's mushroom market is witnessing consolidation, with key players expanding their production facilities and investing in advanced cultivation technologies to meet the growing consumer demand for high-quality mushrooms.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐤𝐧𝐨𝐰 𝐦𝐨𝐫𝐞? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐭𝐨𝐝𝐚𝐲 : https://www.maximizemarketresearch.com/request-sample/26848/

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore is updating its urban farming strategies to include mushroom cultivation, aiming to enhance food security and reduce reliance on imports. Innovative indoor farming techniques are being adopted to produce mushrooms locally.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The United States is experiencing significant growth in mushroom consumption, driven by increasing awareness of their health benefits and a rising demand for plant-based diets. The market is also seeing a surge in the popularity of functional mushrooms, such as reishi and chaga, known for their medicinal properties.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe holds a substantial share of the global mushroom market, with countries like Poland and the Netherlands being major producers. The region is witnessing opportunities in the organic mushroom segment, catering to the growing consumer preference for organic and sustainably sourced food products.

The global mushroom market is set to expand significantly, driven by health trends, technological advancements in cultivation, and increasing consumer demand across various regions. Key developments in countries like Vietnam, Thailand, Japan, South Korea, Singapore, the United States, and Europe highlight the dynamic nature of this industry

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐤𝐞𝐲 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 :

𝐛𝐲 𝐓𝐲𝐩𝐞

Button Mushroom
Shiitake Mushroom
Oyster Mushroom
Others

The button mushroom, shiitake mushroom, oyster mushroom, and others are the several types of mushrooms that make up the global mushroom market. In 2023, the button mushroom sector had the biggest market share, accounting for 61.8%. These are widely cultivated all over the world because of their antioxidant qualities and the spores' accelerated incubation period. Additionally, the market is anticipated to expand throughout the projected period as a result of their lower costs when compared to their competitors. On the other hand, during the projected period, the shiitake sector of the global mushroom market is anticipated to rise at the highest CAGR of 7.3%. Due to their mouthwatering flavor and several health advantages, they come in both fresh and premium varieties, such as dried.

𝐛𝐲 𝐅𝐨𝐫𝐦 𝐓𝐲𝐩𝐞

Fresh Mushroom

Processed Mushroom
Dried Mushroom
Frozen Mushroom
Canned Mushroom
Others

The worldwide mushroom market is divided into two segments based on form type: fresh mushrooms and processed mushrooms. With a market share of 89.7% in 2023, the Fresh Mushroom sector led the pack. Fresh mushrooms are in high demand due to a growing preference for organic and uncooked foods. It is challenging for manufacturers and suppliers to distribute fresh products due to their short shelf life. However, the limitations imposed by the short shelf life of mushrooms have been alleviated by the use of modified environment packaging and an increase in emerging technologies, leading to the expansion of this market.

𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Hypermarkets and Supermarkets
Conventional Store
Others

The hypermarket/supermarket is predicted to dominate the market during the projection period based on the distribution channel. Supermarkets and hypermarkets, which accounted for 38.3% of sales in 2023, are the primary distribution channels for the mushrooms. In industrialized regions like North America and Europe, supermarkets and hypermarkets are more prevalent than in emerging ones. The dominance of supermarkets and hypermarkets as distribution channels as of 2023 was facilitated by the ease of purchasing and the availability of a large variety of this product in one place. The growth of supermarkets and hypermarkets has been hindered by shifting consumer patterns and growing competition from online grocers selling cheap mushrooms.

𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Food Processing Industry

Retail Outlets
Food Services
Others

In 2023, the market was dominated by the food application segment. With an 86.8% sales share in 2023, the food application category led the pack. This application considers how households and food services use both fresh and processed versions. In addition to having very little salt and gluten, mushrooms are low in fat and cholesterol. Important components like vitamins, minerals, proteins, and selenium are also found in mushrooms. Consequently, it is becoming more popular among consumers who are health-conscious and fitness enthusiasts. Customers choose foods and beverages that are healthy and contain nutrients from natural or clean sources. To capitalize on this trend, culinary and beverage companies are developing dishes and drinks based on mushrooms.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 : @https://www.maximizemarketresearch.com/request-sample/26848/

𝐋𝐞𝐚𝐫𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐭𝐨𝐩 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 :

1. Drinkwater's Mushrooms Ltd
2. Lutece Holdings B.V.
3. Okechamp S.A.
4. The Mushroom Company
5. Bonduelle SCA
6. Monterey Mushrooms Inc.
7. Costa Group Holdings Limited
8. Shanghai Finc Bio Tech Inc.
9. Monaghan Mushrooms Ltd.
10. CMP Mushrooms Greenyard NV
11. Fresh Stock
12. Agro Dutch Industries Ltd
13. Hughes Mushroom
14. Modern Mushroom Farms
15. Scelta Mushrooms BV
16. The California Mushroom Farms Inc
17. Banken Champignons
18. Ecolink Baltic
19. Kulkarni Farm Fresh Pvt. Ltd
20. Weikfield Foods Pvt. Ltd.

𝐆𝐞𝐭 𝐚𝐧𝐬𝐰𝐞𝐫𝐬 𝐭𝐨 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 :

What is Mushroom ?
What is the growth rate of the Mushroom Market?
Which are the factors expected to drive the Mushroom market growth?
What is the CAGR at which the Mushroom market will grow during the forecast period?
What are the different segments of the Mushroom Market?
Which is the fastest growing region in the Mushroom market?
What growth strategies are the players considering to increase their presence in Mushroom ?
What are the upcoming opportunities and trends for the Mushroom Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Mushroom Market?
Who are the leading companies and what are their portfolios in Mushroom Market?
What segments are covered in the Mushroom Market?
Who are the key players in the Mushroom market?

𝐆𝐚𝐢𝐧 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/26848/

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬.

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective

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𝐑𝐞𝐚𝐜𝐡 𝐎𝐮𝐭 𝐭𝐨 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐟𝐨𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 :

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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