Mushroom Market 2018-2026 | Size, Share and Forecast | Credence Research

The global Mushroom market accounted for US$ 38.13 Bn in 2017, expanding at a CAGR of 7.9% from 2018 to 2026.

According to the latest report published by Credence Research, Inc. "Global Mushroom Market-Growth, Future Prospects and Competitive Analysis, 2018-2026," the global Mushroom market accounted for US$ 38.13 billion in 2017, expanding at a CAGR of 7.9 percent from 2018 to 2026.

Market Insights
In 2017, the global mushroom market accounted for US$ 38.13 billion, growing with a CAGR of 7.9 percent over the forecast period from 2018 to 2026. Mushrooms are basically low-sodium foods, free of fat and cholesterol, rich in nutrients such as vitamin, potassium and selenium, and also contain antioxidants. These are alternative foods for flexitarians and vegetarians that meet the needs of health-conscious consumers. Mushroom quality depends on its aroma, taste and absence of poisonous content. Compared to other vegetables, the method of producing mushrooms is completely different as mushrooms are largely dependent on other plant materials for food as they do not have chlorophyll in them.

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The lifespan of mushrooms is very limited as their lifespan ranges from one to thirty days. Rising consumption of processed food items, increasing consumer awareness of the health benefits offered by mushrooms, and improvement in packaging technologies are some of the key factors currently influencing the growth of the mushroom market. The presence of minerals such as selenium and antioxidants helps to fight cancer by detoxifying cancer-triggering compounds in the body and also plays a vital role in the function of the liver enzyme.

It also prevents inflammation and reduces tumor growth in the body. It also contributes to cardiovascular health as it contains fiber, vitamin C and potassium. Consumption of mushrooms also reduces the chances of high blood pressure and cardiovascular diseases as mushrooms are low in sodium content and high in potassium. Government in developing countries is also focusing on taking several initiatives to assist the various small-scale industries with the goal of benefiting the underprivileged labor force involved in the cultivation and production process. Growing commercial consumption of mushrooms in supermarkets, restaurants, hotels and cafeterias is also expected to boost market demand during the forecast period from 2018 to 2026.

Increasing demand for meat substitutes followed by growing consumer preference for vegan food are other factors that are expected to increase market demand for the global mushroom market. Short shelf-life of mushrooms  is restraining  market growth in the near future. Furthermore, the cultivation of mushrooms requires high operational costs and is heavily labor intensive. This factor is also expected to hamper the growth of the market. Biotechnology laboratories play an important role in the breeding process of mushrooms because they help to improve the cultivation environment required for better production of mushrooms. Such technological advances serve as growth opportunities for players operating on the global mushroom market.

The global mushroom market has been segmented by product type, shape, distribution channel and geography. Button mushroom segment dominated the global mushroom market by product type in 2017. Growth is primarily attributed to the high nutritional benefits followed by increasing applications in soups, casseroles, and salads. In terms of form, the fresh mushroom segment held the largest revenue in 2017 due to the wide availability of mushroom bags in the form of mushroom growing kits in hypermarkets and supermarkets. By distribution channel, hypermarkets and supermarkets are the most prominent segment on the global mushroom market that is expected to maintain its dominance over the forecast period.

Increasing numbers of hypermarkets and supermarkets in developing countries followed by key marketing strategies adopted by manufacturers in the innovative placement and packaging of mushroom products are the primary factors responsible for the growth of this segment during the forecast period from 2018 to 2026. In terms of geography, Europe is the key market and holds the largest share of market revenue on the global mushroom market. High demand for fresh and canned mushrooms in Spain, the Netherlands, France and Germany is expected to trigger market growth in the European region. In addition, technologically advanced production facilities followed by low production costs in Poland have made it easier for mushroom growers to export mushroom products to non-European countries, which in turn is expected to boost market growth during the forecast period.

Key market players in the global mushroom market include Costa Pty Ltd., Monterey Mushrooms Inc., Bonduelle Fresh Europe, Drinkwater’s Mushrooms Limited, The Mushroom Company, Monaghan Mushrooms Ireland, Okechamp S.A. and Lutece Holdings B.V. among others.

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Chapter 1 Preface 12
Chapter 2 Executive Summary 18
Chapter 3 Market Dynamics 22
Chapter 4 Global Mushroom Market, by Product Type 31
4.1 Overview 31
4.2 Button Mushroom 33
4.3 Shiitake Mushroom 34
4.4 Oyster Mushroom 35

Chapter 5 Global Mushroom Market, by Form 38
5.1 Overview 38
5.2 Fresh Mushroom 40
5.3 Processed Mushroom 41

Chapter 6 Global Mushroom Market, by Distribution Channel 43
6.1 Overview 43
6.2 Supermarkets & Hypermarkets 45
6.3 Convenience Stores 46
6.4 Online Channels 47
6.5 Others 48

Chapter 7 Global Mushroom Market, by Geography 49
Chapter 8 Company Profiles 66
8.1 Bonduelle Group 66
8.2 Costa Pty Ltd. 68
8.3 CMP Mushrooms 69
8.4 Drinkwaters Mushrooms Ltd. 70
8.5 Lutece Holdings B.V. 71
8.6 Monaghan Mushrooms 72
8.7 Monterey Mushrooms Inc. 73
8.8 Okechamp S.A. 74
8.9 Shanghai Finc Bio-Tech Inc. 75
8.10 The Mushroom Company 76
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