Mushroom Market To Expand With A CAGR Of 9.2% Throughout 2016–2021

30-Dec-2019 | Zion Market Research

The intense rivalry amongst the players owing to the presence of various suppliers in the mushroom market makes the participants follow unusual plans like product innovation to maintain string in the market. Some of the top players in the mushroom market are Modern Mushroom Farms, the California Mushroom Farms Inc, Hughes Mushroom, Scelta Mushrooms BV, Banken Champignons, Weikfield Foods Pvt. Ltd., Monterey Mushrooms, Inc, Monaghan Mushrooms, Drinkwater Mushrooms Ltd, Fresh Stock, Agro Dutch Industries Ltd, Bonduelle, Ecolink Baltic, The Mushroom Company, OKECHAMP S.A., and Kulkarni Farm Fresh Pvt. Ltd.

Analysts at Zion Market Research alleged that during 2015 the mushroom market globally was assessed more than USD 35.08 Billion and is likely to reach USD 59.48 Billion by the end of 2021. The mushroom market is estimated to expand with a CAGR of more than 9.2% during 2016–2021.

The review is based on a report by Zion Market Research, titled “Mushroom Market by Type (Milky Mushroom, Button, Shiitake, Oyster, Paddy Mushroom, Winter Mushrooms, Reishi Mushroom and Others), by Category (Fresh Mushroom, Dried Mushroom, Canned Mushroom, Frozen Mushroom and Others) for Food Processing Industry, Medical and Direct Consumption: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”- Report at https://www.zionmarketresearch.com/report/mushroom-market

Rising Mushroom Use As Food For The People With High Cholesterol, Obesity To Loom The Mushroom Market

According to analysts at Zion Market Research, “The increased use of mushrooms as an ingredient in different foodstuffs drives the expansion of the mushroom market.” Mushroom has various nutritional characteristics like low fat and low cholesterol that is helpful for patients having high cholesterol and obesity. In return, this factor boosts the growth of the mushroom market. On the contrary, the low-shelf life of the mushrooms increases the preservation price of the top players, which can impact the growth of the mushroom market. Nevertheless, expanding food markets and food chains across the developing countries along with in-progress research for undeveloped applications of mushrooms is anticipated to launch new opportunities for the mushroom market in the upcoming years. Various R&D activities by market players and academic organizations on mushrooms are set to boost the mushroom market. In August 2018, it was found out that mushrooms from the Far East region have the natural chemical compounds. These compounds can be used for the development of advanced drugs having highly specified anti-tumor activities and low-toxicity. These compounds might present new opportunities for oncology, presenting people with stand-alone options to chemotherapy, chemopreventive drugs, or medicines to be utilized with other treatments, advancing the mushroom market.

Increased Usage Of Mushroom In India, Japan, And China To Advance The Growth Of The Mushroom Market Across Asia Pacific

During 2015, Asia-Pacific reported the biggest market share and in upcoming years, it is expected to develop at a faster rate. Some of the aspects like increased usage rate of mushroom in India, Japan, and China suffice the advancement of the mushroom market in this region. In 2015, Europe reported the biggest market share for the mushroom market.

This report segments the mushrooms market as follows:

Mushroom Market: Type Segment Analysis

  • Milky mushroom
  • Button mushroom
  • Shiitake mushroom
  • Oyster mushroom
  • Paddy mushroom
  • Winter mushroom
  • Reishi mushroom
  • Others

Mushroom Market: Applications Segment Analysis

  • Fresh mushroom
  • Processed mushrooms
    • Dried mushrooms
    • Canned mushrooms
    • Frozen mushrooms
  • Others

Mushroom Market: End User Segment Analysis

  • Food industry
  • Medical
  • Direct consumption

Mushroom Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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