Mushroom Market Industry Growth and Recent Trends by Forecast to 2030

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The size of the mushroom market was estimated at USD 60.69 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2030, reaching USD 115.30 billion.

Although they are not officially classified as plants, edible fungus are commonly referred to as mushrooms that have been classified as vegetables. They contain high levels of vitamin D, potassium, riboflavin, selenium, and other nutrients that are beneficial to human health. It supports weight control, a healthy immune system, and overall health performance, according to clinical and preclinical study. Additionally, its use may reduce the risk of diseases like breast and prostate cancer, which helps to boost its sales and consumption.

𝐅𝐨𝐫 𝐚 𝐪𝐮𝐢𝐜𝐤 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐩𝐥𝐞𝐚𝐬𝐞 𝐜𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞: https://www.maximizemarketresearch.com/request-sample/26848/

𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭

To spur growth, more money is being invested in intelligent automation for the production of mushrooms. Around one-third of the overall production costs are related to labor, making the production of edible fungi a rapidly expanding and labor-intensive sector. Numerous corporations and industry associations have been inspired by this to invest in automated processes for their processing facilities. In 2020, the edible fungus manufacturing and consultancy company Panbo Systems BV constructed a next-generation production facility that uses robots and advanced control systems to move pickers away from growth areas and increase productivity by over 300%. Robot trucks will help pick, fill, and empty the growing racks, while cameras will track growth as part of this innovative system.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's mushroom industry is experiencing notable growth, fueled by government initiatives promoting sustainable agriculture and the rising demand for nutritious food products. The country's favorable climate and abundant agricultural resources provide an ideal environment for mushroom cultivation, attracting both domestic and international investors.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand is witnessing a surge in mushroom consumption, driven by a growing health-conscious population and the incorporation of mushrooms into traditional cuisines. The Thai government's support for organic farming practices has further bolstered the mushroom market, encouraging farmers to adopt sustainable cultivation methods.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan's mushroom market is characterized by technological advancements in cultivation and processing. Companies like Hokuto Corporation have invested in automated systems to enhance production efficiency and meet the increasing domestic demand. Additionally, collaborations between research institutions and industry players are fostering innovation in mushroom-based products.

𝐃𝐢𝐯𝐞 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.maximizemarketresearch.com/request-sample/26848/

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea is experiencing a growing interest in functional foods, with mushrooms being recognized for their health benefits. The market is expanding as consumers seek out nutrient-rich foods, leading to increased production and the introduction of mushroom-infused products. Local companies are exploring new cultivation techniques to meet this rising demand.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore's mushroom market is undergoing consolidation, with key players engaging in mergers and acquisitions to strengthen their market position. For instance, Company A acquired Company B to enhance its product portfolio and distribution network. Such strategic moves are aimed at catering to the sophisticated palate of Singaporean consumers and the growing demand for gourmet mushroom varieties.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The United States is witnessing a robust increase in mushroom consumption, attributed to the rising popularity of plant-based diets and the recognition of mushrooms as a meat substitute. Companies like Monterey Mushrooms, Inc. are expanding their production capacities to meet this demand. Additionally, the U.S. market is seeing a trend towards organic and locally sourced mushrooms, aligning with consumer preferences for sustainable and health-conscious food options.

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe remains a significant player in the global mushroom market, with countries like the Netherlands and Poland leading in production. The region is experiencing a shift towards organic mushroom farming, driven by consumer demand for chemical-free products. Companies such as Greenyard are investing in sustainable practices to cater to this market segment. Furthermore, the European market is seeing an increase in the popularity of exotic mushroom varieties, reflecting a diversification in consumer tastes.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/26848/

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐛𝐲 𝐓𝐲𝐩𝐞

Button Mushroom
Shiitake Mushroom
Oyster Mushroom
Others

The button mushroom, shiitake mushroom, oyster mushroom, and others are the different 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 an 89.7% market share 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

𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Food Processing Industry
Retail Outlets
Food Services
Others

𝐓𝐨 𝐋𝐞𝐚𝐫𝐧 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐢𝐬 𝐒𝐭𝐮𝐝𝐲, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞: https://www.maximizemarketresearch.com/market-report/global-mushroom-market/26848/

𝐌𝐮𝐬𝐡𝐫𝐨𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

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.

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