Mushroom Market Share Global Technology, Application, Products Analysis and Forecast to 2029

Mushroom Market was valued at USD 50.53 Billion in 2021, and it is expected to reach USD 105.20 Billion by 2029, exhibiting a CAGR of 9.6 % during the forecast period (2022-2029)

Market Overview

Maximize Market research, a leading Global Mushroom market research firm, which delivers data and analysis at the global, regional and country levels has published an Mushroom market report. The domain expert has analysed the Mushroom at a regional and global level.

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Market Scope

Competitive analysis of the Mushroom market which gives insides to new players about sharks present in the market with their financial health, revenue, technological advancements, mergers and acquisitions, recent developments, marketing tactics, alliances, and joint ventures.

The Mushroom market report consists of microanalysis with accurate illustrations, graphs and simple-to-grasp language which helps users to understand the key points and overall aspects of the industry, this report is carved using history, consumer habits, market volatility.

The Mushroom market report consists of the analysis of restraints, opportunities, challenges, and risks with the help of SWOT analysis and Porter's Five Forces analysis, which are standard prominent full-proof methods to provide analysis of the market.

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Segmentation

Based on species, the global mushroom market is segmented into button mushrooms, shiitake, oyster mushrooms, and others. In 2021, the mushroom sector will hold the largest market share at 61.8%. They are commonly cultivated around the world due to their antioxidant properties and the fact that their spores have a short incubation period. Moreover, the market is expected to grow over the forecast period due to lower costs compared to its competitors. On the other hand, the shiitake segment is projected to grow at the highest CAGR of 7.3% in the global mushroom market during the forecast period. Due to its delicious taste and various health benefits, it is available both fresh and in high quality conditions such as dried.

The global mushroom market is segmented into raw and processed mushrooms based on shape type. In 2021, the fresh mushroom sector will hold the largest market share at 89.7%. With the growing preference for organic and uncooked foods, the short shelf life has increased the demand for fresh mushrooms. For producers and suppliers, the distribution of fresh food is extremely difficult. Conversely, increasing development of new technologies and use of environmentally modified packaging have eased the constraints associated with limited shelf life of mushrooms, leading to the growth of the segment. Based on distribution channel, hypermarkets/supermarkets are estimated to dominate the market during the forecast period. Most of the mushrooms are distributed through supermarkets and hypermarkets, accounting for 38.3% of sales in 2021. Supermarket and hypermarket penetration is higher in developed regions such as Europe and North America than in emerging regions.

The availability of a wide range of products in one place and the ease of purchase contributed to the superiority of supermarkets and hypermarkets as sales channels from 2021 onwards. Growing competition from online grocers offering cheap mushrooms and changing consumer habits are hindering the expansion of supermarkets and hypermarkets. 

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 Key Players

• Drinkwater’s Mushrooms Ltd
• Lutece Holdings B.V.
• Okechamp S.A.
• The Mushroom Company
• Bonduelle SCA
• Monterey Mushrooms Inc.
• Costa Group Holdings Limited
• Shanghai Finc Bio Tech Inc.
• Monaghan Mushrooms Ltd.
• CMP Mushrooms Greenyard NV
• Fresh Stock
• Agro Dutch Industries Ltd
• Hughes Mushroom
• Modern Mushroom Farms
• Scelta Mushrooms BV
• The California Mushroom Farms Inc
• Banken Champignons
• Ecolink Baltic
• Kulkarni Farm Fresh Pvt. Ltd
• Weikfield Foods Pvt. Ltd.

 Regional Analysis

The report assists in planning and implementing new strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

The detailed regional analysis provided in the report aids stakeholders, new entrants, investors, entrepreneurs, researchers, market followers and players in an easy illustration of various elements of the market, presenting a future outlook with expected risks and trends in the Market.

A competitive regional analysis of the Mushroom market was conducted listing competitors in the market along with new entrants. A comprehensive analysis is effective to gain a comprehensive understanding of the market structure and growth strategies of various players.

Key Questions answered in the Mushroom Market Report are:

  • What is Mushroom Market?
  • What is the forecast period of the Mushroom Market?
  • What is the competitive scenario of the Mushroom market?
  • Which region held the largest market share in the Mushroom Market?
  • What are the opportunities for the Mushroom Market?
  • What factors are affecting the Mushroom market growth?
  • Who are the key players of the Mushroom market?
  • Which company held the largest share in the Mushroom market?
  • What will be the CAGR of the Mushroom market during the forecast period?
  • What key trends are likely to emerge in the Mushroom market in the coming years?

Key offerings: 

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Mushroom Market
  • Landscape- Leading key players and other prominent key players.

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