Mushroom Market size and forecast, 2016-2024
The global market for mushrooms has witnessed growth at an impressive pace in the past few years, chiefly owing to the vast rise in consumption of processed foods, rising consumer awareness about health benefits of mushrooms, and advancements in packaging technologies to increase shelf life of mushrooms. Owing to the vast rise in demand for processed food products and the increased consumption of brown mushrooms, the mushroom market is expected to present significant growth and investment opportunities for players operating in the market, especially in the Asia Pacific region.
Download exclusive Sample of this report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1298
Owing to the increasing number of companies and the intensifying competition, companies in the market are emphasizing on market consolidation by participating in activities such as mergers and acquisitions with food and beverages companies and distributors in new geographical markets. Mergers, acquisitions, and collaborations in the market are expected to have a major transformational effect on the growth dynamics of the market in the near future, opening up growth opportunities for the market across unconventional regional markets, to say the least. The increasing rate of urbanization in Asia Pacific, Europe and North America is expected to cause a major shift towards preference for packaged food, further stimulating the market for Mushroom.
Transparency Market Research estimates that the revenue generated from the global mushroom market will be at US$36,825.4 mn by the end of 2016 and is expected to exhibit a CAGR of 8.2% from 2016 to 2024, rising to a valuation of US$69,267.9 by 2024. mushroom market
Obtain Report Details @ https://www.transparencymarketresearch.com/mushroom-market.html
Fresh Mushrooms to Continue to Remain World’s First Choice
In terms of form, the global mushroom market is segmented in the report into fresh mushroom and processed mushroom. The segment of processed mushrooms is further segmented into dried mushroom, frozen mushroom, and canned mushroom.
Of these, the segment of fresh mushrooms accounted for a dominant 56.5% of the global market in 2016. The segment is expected to retain dominance in the global mushroom market by the end of forecast period as well, exhibiting a promising 8.3% CAGR. In the processed mushrooms segment, the sub-segment of drier mushrooms will present the most promising growth opportunities, expanding at a CAGR of 8.9% over the report’s forecast period.
North America’s Revenue Contribution to Global Mushroom Market to Surpass that of Other Regions
From a geographical standpoint, North America is the leading contributor of revenue to the global mushroom market, accounting for a share of nearly 34% in 2016 in the global market. The huge market for processed foods, high dependence on imported products, and the continuously rising demand for mushrooms in foods and beverages are expected to allow North America mushroom market to keep the top spot in the global market throughout the forecast period. The regional market also benefits from a highly advanced packaging industry, technologically advanced storage equipment, and intensive expenditure in research and development activities aimed at finding new packaging technologies that can keep mushrooms fresh for longer durations.
While North America holds the top position in the mushroom market, the Asia Pacific market is expected to present the most promising growth opportunities for players in the global mushroom market. The Asia Pacific mushroom market is expected to exhibit a CAGR of 8.8% over the forecast period. The significant growth prospects of the Asia Pacific mushroom market include the vast rise in consumption from the health-conscious population, rising production volumes of a variety of mushrooms, and the rising focus of key global players on making vast investments in R&D activities in the thriving food and beverages industry.
Some of the leading players operating in the global mushroom market are Costa Group, Okechamp S.A., Monterey Mushrooms Inc., Monaghan Mushrooms, Drinkwater’s Mushroom Ltd., The Mushroom Company, Shanghai Finc Bio-Tech Inc., CMP Mushrooms Greenyard NV (Lutèce), and Bonduelle SA.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mushroom Market size and forecast, 2016-2024 here
News-ID: 795770 • Views: 356
More Releases from Transparency Market Research
Social CRM Market to Rear Excessive Growth During 2020-2030
Social CRM Market: Introduction The social CRM market focuses on capturing the needs of consumers and generates value for them. Social customer relationship management (CRM) provides critical analysis about the market. It enables businesses to build customer relationships and improve their brand presence. The solution helps companies to monitor and analyze their reputation in the market with various keywords such as brand name and company name. Obtain Report Details @
Video Ad Insertion Platform Market: Size Industry Status Growth Opportunity For …
Video ad Insertion Platform Market – Introduction Video ad insertion platform IT enables marketers to serve different advertisements to each viewer based on consumer insights and ad campaign results. Increasing demand for OTT platforms, technological advances, and an increase in the number of internet users are all boosting the video ad insertion platform industry. Furthermore, the 6-second ad is gaining attention on various social media sites. According to new research from
Smart Luggage Market: Analysis, Strategic Assessment, Trend Outlook And Business …
Smart Luggage Market: Introduction Smart luggage are bags with remote lock systems, GPS locator, USB ports for charging the device, remote or app enabled controls, Wi-Fi or Bluetooth connectivity, and solar powered batteries. Smart luggage have anti-theft protection, which provides the user with an alarm or notification when the luggage gets disconnected or is moved out of range. Smart luggage are not only technological advanced but also have a stylish look,
Storage Resource Management Tool Market: Future Growth And Forecast With Signifi …
Global Storage Resource Management Tool Market: Introduction A storage resource management tool enables real-time and historical information for storage infrastructure with regards to capacity and performance, problem determination, device management, and configuration planning and change management. It helps the storage administrator to automate data backup, data recovery, and SAN performance analysis. The tool helps in visualizing relationships and topologies from application to storage array, analyzing health, configurations and capacity growth, and
More Releases for Mushroom
CONFAST New Mushroom Head Anchor
“The CONFAST® Mushroom Head Anchor, a one-piece pre-expanded anchor for use in concrete, brick, block or stone, has now joined our online product inventory,” stated Bob Carlisle, the founder and president of Concrete Fasteners, Incorporated. “Customers may purchase this popular expansion anchor direct from the manufacturer and avoid inflated retail pricing.” Carlisle described the one piece, pre-expansion design of the CONFAST® Mushroom Head Anchor as unique. The working end of the
Medicinal Mushroom Market: Reliable Market Size & Share Estimates for 2020| Bond …
The report begins with the overview of the Medicinal Mushroom Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that gives closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behaviour, pricing factors and market performance and estimation. The forecast market information, SWOT analysis, Medicinal Mushroom market scenario, and feasibility study are the vital
Fresh Mushroom Market By Top key players, Types (Button Mushroom, Shiitake Mushr …
Industry Overview of Fresh Mushroom Market Comprehensive analysis of the Fresh Mushroom Market 2019-2024 Report Understand the entire scenario of the Industry. Data was accurately examined using effective qualitative and quantitative analysis techniques. It focuses on the recent development of top-tier industries to help provide guidance for industry growth. It provides various parameters that are the basic roots of your business such as vendors, sellers, and investors. It focuses on a
Global Reishi Mushroom Extract Market Analysis
Reishi mushroom is a traditional medicine widely used in China, Korea and Japan. The scientific name of reishi mushroom is Ganoderma lucidum while in China it is popular by the name Ling Zhi, while in Japan it is referred as reishi. Reishi mushroom has been used traditionally in these regions for health promoting characteristics such as enhanced immunity, longevity, promote liver and heart health and relieves stress as it act
Global Mushroom Extracts Market Demands & Forecast - 2022
Qyresearchreports include new market research report "Global Mushroom Extracts Market Professional Survey Report 2017" to its huge collection of research reports. The research report on the global Mushroom Extracts market is a scientific effort to present the performance of the market over the forecast period. The report has been prepared after an extensive research phase followed by data scrutiny. A number of secondary databases and scientific journals have been used for
Mushroom Market 2017 Key Manufacturers Analysis
The major players in global market include Chongqing Eusinasia Foods Co., Ltd., Hubei Wanhe Food Co., Ltd., Dalian Gaishi Health Food Co., Ltd., Kunming Tairao Commerce & Trade Co., Ltd., Shanghai Detan Mushroom & Truffles Co., Ltd., Qingdao HanHaiDa Import And Export Co., Ltd., Henan Alchemy Food Co., Ltd., Lianfeng (Suizhou) Food Co., Ltd., The Mushroom Company, Modern Mushroom Farms, Scelta Mushrooms. Geographically, this report is segmented into several key regions,