Edible Mushroom Market Size 2021-2027: Industry Analysis, Share, Trends, Growth and Forecast
Edible mushrooms are fleshy and edible
bodies of fruit of various macrofungi species that are cultivated for the
purpose of consumption as the name suggests. These mushrooms are highly rich in
nutritional value and is consumed due to the vast number of health benefits it
offers. Mushrooms are a rich source of potassium, vitamins, and selenium. It
helps in enhancing the metabolism of the body and also helps reduce the
cholesterol level. It is consumed for the various medicinal benefits it offers
and is recommended by various experts for reducing cardiovascular diseases.
Mushrooms contain low level of saturated fat and comprise high fibers, thereby
accelerating its market demand among health-conscious consumers. As mushrooms
contain low level of sodium and gluten content, it adds on to its nutritional
value. Rising concerns surrounding health and increasing consumer awareness has
had a positive impact on the global Edible Mushroom Market Size. The market is
projected to experience a period of high growth during the given forecast
period between 2017 and 2023.
Market
Segmentation
The global Edible Mushroom Market Size
segmentation is done on the basis of category, type, and distribution channel.
By type, the market includes oyster
mushroom, button mushroom, shiitake mushroom, and others. Button mushroom holds
a majority of the market share due to its high application in various food
preparations like soups, salads, and others.
By category, the market divides into
processed mushrooms (frozen, canned, dried, and others) and fresh mushrooms.
The fresh mushroom segment dominates the global market position due to
increasing consumer acceptance, easy availability,
By distribution channel, the market
comprises non-store-based channels, like e-commerce platforms, and store-based
channels, like specialty retailers, convenience stores,
supermarkets/hypermarkets, and others. Store-based channels dominate this
market segment due to the convenience it provides with its one-stop shopping
experience for the consumers.
Regional
Analysis
The global Edible
Mushroom Market Size segmentation covers regions like Europe, Asia Pacific,
North America, and the Rest of the World (RoW).
Europe holds the largest market share
followed by the Asia Pacific region. The rising level of cultivation of fiber
rich food commodities from the various countries in these regions influence the
high production volume of edible mushroom. Due to the changing food consumption
pattern, Edible Mushroom Market Size is anticipated to garner high revenue
during the forecast period.
The North American region holds a fair
share of the market portion and is expected to witness a period of continued
growth. Demand for different forms of niche cuisines comprising edible mushroom
is believed to be a driving factor in this region. The regional market is also
influenced positively due to the presence of a striking vegan population.
Edible mushroom is considered to be a highly important ingredient in the daily
and mundane diet and lifestyle in the North American region.
Moreover, increasing health awareness among
consumers coupled with the rising demand for meat substitutes also supports the
sale of edible mushrooms, thereby pushing the growth of the region during the
period. The major edible mushroom importers include countries like France,
Japan, Italy, Germany, and Spain.
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Competitive
Landscape
Some of the major market players in edible
mushroom are the follows Bonduelle Group (France), Okechamp S.A. (the
Netherlands), Lutèce Holding B.V. (the Netherlands), Monaghan Mushrooms
(Ireland), Shanghai Finc Bio-Tech Inc. (China) Monterey Mushrooms, Inc. (U.S.),
and The Mushroom Company (U.S.). The market players are coming-up with new and
innovative ideas to steer the growth of the overall market of edible mushrooms.
March 6th,
2019, Alpro, a European organic and non-organic food manufacturer and marketer,
announced the launch of a plant-based vegan bucket with an unconventional twist
on fried chicken and chips meal. The bucket will comprise of sweet potato
fries, edible mushroom nuggets, and creamy garlic dip. The packaging would be
made edible as well with a combination of seeds, spices, and nuts.
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