14-May-2021 | Zion Market Research
Major players active in the global button mushroom market comprise Costa Pvt Ltd, Bonduelle Fresh Europe, Lutece Holdings B.V., Drinkwater’s Button Mushrooms Limited, Monterey Button Mushrooms Inc., Monaghan Button Mushrooms Ireland, Shanghai Finc Bio-Tech Inc., Okechamp S.A., and The Button Mushroom Company among others. These players have a major role in the growth of button mushroom market.
According to analysts at Zion Market Research, the requirement for the global button mushroom market was capitalized at USD 16.73 Billion in 2020. The global button mushroom market is likely to cross USD 27.29 Billion in 2028 and is likely to develop at a CAGR of 7.3% from 2017 to 2022.
Increasing Employment Of Mushrooms As Ingredients In Different Food Items To Power The Development Of Button Mushroom Market
Mushroom has proteins with low-fat and low-cholesterol content. The button mushroom market is majorly boosted by rising requirement from the food sector, as per analysts at Zion Market Research. Increasing employment of mushrooms as ingredients in different food items powers the development of button mushroom market. Usage of organic food is growing radically in almost all developing and developed nations, thereby boosting the button mushroom market. Rising awareness of diet, health, and nutrition has elevated interest in organic food items, comprising canned organic vegetables & fruit, which are set to power the growth of button mushroom market. On the other hand, strict rules for mushrooms processing imposed by the FDA owing to the presence of different harmful kinds of mushroom might hamper the development of button mushroom market. Moreover, the mushrooms’ low shelf life is one more factor affecting the development of the button mushroom market.
Nevertheless, escalating food chains, increasing demand for mushrooms, and up-and-coming food markets are expected to unlock a new avenue for the button mushroom market in the years to come. In addition, increasing awareness among users about button mushroom is likely to exhibit high development of button mushroom market in near future. Favorable government initiatives is also one of the reasons responsible for the development of button mushroom market. For example, in June 2017, the Indian Government decided to give stress on spawn production and mushroom cultivation in regions where the cash crops are still to attain popularity.
Application sector of button mushroom market is classified into the processed mushroom and fresh mushroom. Both processed and fresh mushrooms are employed in food sector for the making of different food items. The fresh mushroom was the dominating sector due to growing production of the food sector in developing nations. Fresh mushroom sector in 2016 ruled the global button mushroom market with 63.15% of entire share of the market. Processed mushroom sector is likely to show the quickest development in the button mushroom market in the years to come due to rising demand for mushroom sauces and frozen, dried, and canned mushroom powder.
Browse the full “Button Mushroom Market, By Application (Fresh and Processed): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/button-mushroom-market
The global button mushroom market is segmented as follows:
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