DUBLIN--(BUSINESS WIRE)--"Mushroom Market by Type, Form, End Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecasts 2021-2027" report has been added to ResearchAndMarkets.com's products.
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.
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 strain 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.
The mushroom market is segmented 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).
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900