The size of the mushroom market in 2019 was 33.553 billion U.S. dollars and is expected to reach 53.342 billion U.S. dollars by 2027, with a compound annual growth rate of 9.3% from 2021 to 2027.
Mushrooms are a widely edible fungus and are part of various cuisines. Some mushrooms are edible in nature, while others are wild. Mushrooms are mainly used in the food and beverage industry as food ingredients and raw materials. Compared with canned or processed mushrooms, the demand for fresh mushrooms is increasing because fresh mushrooms are a source of high fiber and nutrients without preservatives. In addition, mushrooms are known as a source of nutrients and vitamin D that enhance immunity. Therefore, they are commonly used in the pharmaceutical industry.
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Governments and foreign institutions continue to invest in research and development to improve the quality of mushrooms and extend their shelf life. There are several developments in biotechnology, which are important for breeding. During the forecast period, technological developments such as automated mushroom harvesting, substrates, sterilization and seed preparation, as well as increased R&D investment are expected to drive the growth of the mushroom market.
However, the limited shelf life of mushrooms is expected to greatly hinder the growth of the mushroom market. In addition, during the forecast period, the high operating costs of mushroom production are expected to hinder market growth.
Mushrooms such as Cremini and Portobello are used as meat substitutes in many countries. They are a rich source of vitamins and nutrients. Therefore, the increasing use of mushrooms as a supplement to meat products and the shift to vegan and organic foods are expected to provide profitable opportunities for the growth of the mushroom market.
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The fast-moving consumer goods industry has been in strong demand. Consumers' awareness of safe and healthy products is constantly improving. In addition to this, the growing focus on health and fitness is expected to drive the growth of the global market.
Trends such as the development of new supermarkets and hypermarkets are expected to create favorable opportunities. In addition, the increase in disposable income and the growing demand for advanced one-stop solutions will further expand industrial growth in the coming years.
By the end of 2028, the value of the fast-moving consumer goods industry is expected to reach 18.5 billion U.S. dollars, and is expected to grow at a compound annual growth rate of 4.9% during the forecast period. Among all regions, North America occupies a dominant position in the entire FMCG industry and is expected to occupy the largest market share during the study period. Due to lifestyle changes, an increase in the number of supermarkets, and an increase in the urban population, the North American fast-moving consumer goods industry is growing significantly. In addition, due to changes in lifestyle, acceleration of urbanization and rising employment rates, the Asia-Pacific region is expected to have a compound annual growth rate of 7.8%. In addition, the increasing attention of companies and organizations to R&D and new product launches will further promote the popularity of the fast-moving consumer goods field and promote the regional growth of the market.
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The mushroom market is subdivided into types, forms, end uses, distribution channels and regions. According to the type, it is divided into buttons, shiitake mushrooms, oysters, etc. According to the form, it is divided into fresh and processed. According to the end use, it is divided into residential, commercial and industrial. According to the distribution channels, the mushroom market is divided into hypermarkets and supermarkets, convenience stores, specialty stores and online sales channels. From a regional perspective, the market is divided into North America (the United States, Canada, and Mexico), Europe (the United Kingdom, France, Spain, Italy, the Netherlands, Germany, Turkey, and other European regions), and the Asia-Pacific region (China, Japan, India, South Korea, Australia) And the rest of Asia-Pacific) and LAMEA (Brazil, South Africa, the United Arab Emirates and the rest of LAMEA).
The main players operating in the market are Basciani Foods, Mush-boom Costa, Monaghan Mushrooms, To-Jo Mushrooms, Valley Mushrooms, The Mushroom Company, Ann Miller's Specialty Mushrooms, White Prince Mushrooms, SA Mushrooms and NABIA.
Main benefits for stakeholders o This report provides a quantitative analysis of the current trends, estimates and dynamics of the global mushroom market from 2019 to 2027 to determine current market opportunities. o Porter’s Five Forces analysis emphasizes the effectiveness of buyers and suppliers, enabling stakeholders to make profit-oriented business decisions and strengthening their supplier-buyer network. o In-depth analysis of market segmentation helps to identify current market opportunities. o The major countries in each region are mapped according to their revenue contribution to the global industry. Part of the market participant positioning is helpful for benchmarking and at the same time clearly understand the current position of the major market participants. o The report includes analysis of regional and global markets, major players, market segments, application areas and growth strategies.
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Key market segments by type o Button o Shiitake o Oyster o Other
In form o fresh o processed
By end use o residential o commercial o industrial
By distribution channel o Hypermarkets and supermarkets o Convenience stores o Specialty stores o Online sales channels
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By region o North America o United States o Canada o Mexico o Europe o United Kingdom o France o Spain o Italy o Netherlands o Germany o Turkey o Rest of Europe o Asia Pacific o China o Japan o India o South Korea o Australia o Rest of Asia-Pacific o LAMEA o Brazil o South Africa o United Arab Emirates o LAMEA other regions
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