Button Mushroom Market - Global Industry Analysis

Market Overview

The global Button Mushroom Market accounted for USD 16.73 Billion in 2020 and is expected to reach USD 27.39 Billion by 2028, growing at a CAGR of 7.3% from 2021 to 2028.

The demand for button mushroom is expected to rise at a significant rate during the forecast period owing to rising consumer preference. The reports by the National Horticulture Board suggests that, the annual production of mushroom in India accounted for 1,00,000 tonnes, 85% of which is accounted for button mushroom. Earlier the cultivation of button mushroom was limited to winter season only however, with the advancement in technology; the cultivation of mushroom is possible throughout the year.

Moreover, rising consumption of mushroom globally is one of the key factors contributing to the growth of market. For instance, the Agricultural Marketing Resource Center suggested that, in the year 2015 each person in the United States consumed, on average, around 3 pounds of mushrooms. The health benefits associated with mushroom such as, the National Cancer Institute suggests that, it helps in the prevention of lung, breast and other kinds of breast cancer. For instance, the report by GLOBOCAN 2020, suggests that, Female breast cancer is the most commonly diagnosed cancer globally, followed by lung cancer. The potassium present in mushroom aims to improve the cardiovascular health. As per the guidelines of Office of Disease Prevention and Health Promotion, it is advised to consume around 4,700 milligrams (mg) of potassium each day. Mushrooms appear on the AHA’s list of foods that provide potassium. The aforesaid reasons are some of the key factor contributing to the growth of the market.

Major players operating 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. Key players are opting strategies such as mergers, acquisition along with expanding their production facility. For instance, in September 2018, Sylan Inc., one of the leading producer of mushroom merged with Yugan China. With the help of this merger both the company aims to increase its mushroom production. Likewise, in March 2018, Highline Mushroom, one of the leading mushroom company acquired Prairie Mushroom grower, based in Canada.

COVID-19 Impact Analysis

The Button Mushroom Market is expected to grow at a significant rate during the Covid-19 crisis owing to increased health awareness among the consumers. Consumers nowadays are inclining towards packed and health food products. Also, mushrooms are great source of protein and health experts advised that protein-rich diet can help repair the damaged body tissues and muscle loss due to the COVID-19 infection. Thus is expected to drive the overall growth of the market.

Growth Factors

Various health experts suggests that optimal nutrition that is proper combination of micronutrients such as carbohydrates and protein is required to overcome or recover from the effects of the COVID-19. Mushroom offers proteins that contain essential amino acid, which may cover the dietetic requirements, as well as may have certain economic advantages as compared to animal and plant sources. Moreover, mushrooms offer the ability to grow in agro-industrial waste field, as submerged cultures, reaching high yields in a short period of time. Edible mushrooms can be to obtain a wide variety of food products enriched with high quality protein, which may have as well improved functional properties.

Due to the rising vegan trends consumers are nowadays opting for clean and plant based products which is further expected to increase the demand for the global button mushroom market over the forecast period. For instance, the number of vegans in the U.S. grew by 600% from 4 million in the year 2014 to 20 million in 2018.

Report Scope:

Application Segment Analysis Preview

Based on application, the global button mushroom market is segmented into fresh and mushroom. The fresh mushroom segment is expected to grow at a significant rate owing to rising R&D activities across the globeIn the food industry, both processed and fresh mushrooms are used to make a variety of products. Due to rising food production in developing countries, the fresh mushroom sector was the most dominant. In 2020, the fresh mushroom sector dominated the global button mushroom market, accounting for 63% of total sales.

Regional Analysis Preview

Europe held around 30% of the market share in the overall button mushroom market owing to rising trend of veganism in the region. For instance, in November 2020, The Veganz, a Berlin-based supermarket chain, revealed that, the number of vegans in Europe has doubled from 1.3 million in the year 2016 to 2.6 million in 2020. Moreover, rising mushroom production in the region also supports the market growth. In 2019 Germany’s annual mushroom production accounted for 83 Thousand Metric Tons. The aforesaid factors are the key reasons contributing to the growth of market over the forecast period.

Asia Pacific held the dominant position in the global button mushroom market owing the presence of largest mushroom production country in the world. China is the largest edible mushroom producer in the world. The annual product of mushroom in China accounted for 38.4 million tonnes in 2017. The aforesaid reasons are key factor contributing to the growth of the market over the forecast period.

Key Market Players & Competitive Landscape

Some of key players in Button Mushroom Market are 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.

 The global Button Mushroom Market is segmented as follows:

By Application

• Fresh
• Processed

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

• Chapter 1. Introduction
  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. USP & Key Offerings
  • 1.2. Key Benefits for Stakehulders
  • 1.3. Target Audience
  • 1.4. Report Scope
• Chapter 2. Executive Summary
  • 2.1. Key Findings
    • 2.1.1. Top Investment Pockets
    • 2.1.2. Market Attractiveness Analysis, By Application
    • 2.1.3. Market Attractiveness Analysis, By Region
  • 2.2. Market Snapshot
  • 2.3. Global Button Mushroom Market, 2016 – 2028 (USD Billion)
  • 2.4. Insights from Primary Respondents
• Chapter 3. COVID 19 Impact Analysis
  • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
    • 3.1.1. North America
    • 3.1.2. Europe
    • 3.1.3. Asia Pacific
    • 3.1.4. Latin America
    • 3.1.5. The Middle-East and Africa
  • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
  • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
  • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
  • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
    • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
  • 3.6. Short Term Dynamics
  • 3.7. Long Term Dynamics
• Chapter 4. Button Mushroom Market – Application Segment Analysis
  • 4.1. Overview
    • 4.1.1. Market Revenue Share, By Application, 2020 & 2028
  • 4.2. Fresh
    • 4.2.1. Market Size and Forecast, By Region (USD Billion)
    • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
  • 4.3. Processed
    • 4.3.1. Market Size and Forecast, By Region (USD Billion)
    • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
    • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
• Chapter 5. Button Mushroom Market – Regional Analysis
  • 5.1. Overview
    • 5.1.1. Global Market Revenue Share, By Region, 2020 & 2028
    • 5.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
  • 5.2. North America
    • 5.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.2.2. North America Market Revenue, By Application, 2016 – 2028
    • 5.2.3. U.S.
      • 5.2.3.1. U.S. Market Revenue, By Application, 2016 – 2028
    • 5.2.4. Canada
      • 5.2.4.1. Canada Market Revenue, By Application, 2016 – 2028
    • 5.2.5. Mexico
      • 5.2.5.1. Mexico Market Revenue, By Application, 2016 – 2028
  • 5.3. Europe
    • 5.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.3.2. Germany
      • 5.3.2.1. Germany Market Revenue, By Application, 2016 – 2028
    • 5.3.3. France
      • 5.3.3.1. France Market Revenue, By Application, 2016 – 2028
    • 5.3.4. U.K.
      • 5.3.4.1. U.K. Market Revenue, By Application, 2016 – 2028
    • 5.3.5. Italy
      • 5.3.5.1. Italy Market Revenue, By Application, 2016 – 2028
    • 5.3.6. Spain
      • 5.3.6.1. Spain Market Revenue, By Application, 2016 – 2028
    • 5.3.7. Rest of Europe
      • 5.3.7.1. Rest of Europe Market Revenue, By Application, 2016 – 2028
  • 5.4. Asia Pacific
    • 5.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.4.2. Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 5.4.3. China
      • 5.4.3.1. China Market Revenue, By Application, 2016 – 2028
    • 5.4.4. Japan
      • 5.4.4.1. Japan Market Revenue, By Application, 2016 – 2028
    • 5.4.5. India
      • 5.4.5.1. India Market Revenue, By Application, 2016 – 2028
    • 5.4.6. South Korea
      • 5.4.6.1. South Korea Market Revenue, By Application, 2016 – 2028
    • 5.4.7. South-East Asia
      • 5.4.7.1. South-East Asia Market Revenue, By Application, 2016 – 2028
    • 5.4.8. Rest of Asia Pacific
      • 5.4.8.1. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
  • 5.5. Latin America
    • 5.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.5.2. Latin America Market Revenue, By Application, 2016 – 2028
    • 5.5.3. Brazil
      • 5.5.3.1. Brazil Market Revenue, By Application, 2016 – 2028
    • 5.5.4. Argentina
      • 5.5.4.1. Argentina Market Revenue, By Application, 2016 – 2028
    • 5.5.5. Rest of Latin America
      • 5.5.5.1. Rest of Latin America Market Revenue, By Application, 2016 – 2028
  • 5.6. Middle-East and Africa
    • 5.6.1. Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
    • 5.6.2. Middle-East and Africa Market Revenue, By Application, 2016 – 2028
    • 5.6.3. GCC Countries
      • 5.6.3.1. GCC Countries Market Revenue, By Application, 2016 – 2028
    • 5.6.4. South Africa
      • 5.6.4.1. South Africa Market Revenue, By Application, 2016 – 2028
    • 5.6.5. Rest of Middle-East and Africa
      • 5.6.5.1. Rest of Middle-East and Africa Market Revenue, By Application, 2016 – 2028
• Chapter 6. Button Mushroom Market – Industry Analysis
  • 6.1. Introduction
  • 6.2. Market Drivers
    • 6.2.1. Driving Factor 1 Analysis
    • 6.2.2. Driving Factor 2 Analysis
  • 6.3. Market Restraints
    • 6.3.1. Restraining Factor Analysis
  • 6.4. Market Opportunities
    • 6.4.1. Market Opportunity Analysis
  • 6.5. Porter’s Five Forces Analysis
  • 6.6. PEST Analysis
  • 6.7. Regulatory Landscape
  • 6.8. Technology Landscape
  • 6.9. Regional Market Trends
    • 6.9.1. North America
    • 6.9.2. Europe
    • 6.9.3. Asia Pacific
    • 6.9.4. Latin America
    • 6.9.5. The Middle-East and Africa
  • 6.10. Pricing Analysis
  • 6.11. Value Chain Analysis
  • 6.12. Downstream Buyers
  • 6.13. Distributors/Traders List
• Chapter 7. Competitive Landscape
  • 7.1. Company Market Share Analysis – 2019
    • 7.1.1. Global Button Mushroom Market: Company Market Share, 2019
    • 7.1.2. Global Button Mushroom Market, Company Market Revenue, 2016 – 2019 (USD Billion)
    • 7.1.3. Global Button Mushroom Market, Company Y-o-Y Growth, 2017 – 2019 (%)
    • 7.1.4. Global Button Mushroom Market: Radar Determinant Chart, 2019
  • 7.2. Strategic Developments
    • 7.2.1. Acquisitions & Mergers
    • 7.2.2. New Product Launch
    • 7.2.3. Regional Expansion
  • 7.3. Company Strategic Developments – Heat Map Analysis
• Chapter 8. Company Profiles
  • 8.1. Okechamp S.A.
    • 8.1.1. Company Overview
    • 8.1.2. Key Executives
    • 8.1.3. Product Portfolio
    • 8.1.4. Financial Overview
    • 8.1.5. Operating Business Segments
    • 8.1.6. Business Performance
    • 8.1.7. Recent Developments
  • 8.2. Costa Pvt Ltd
  • 8.3. Bonduelle Fresh Europe
  • 8.4. Lutece Huldings B.V.
  • 8.5. Drinkwater’s Button Mushrooms Limited
  • 8.6. Monterey Button Mushrooms Inc.
  • 8.7. Monaghan Button Mushrooms Ireland
  • 8.8. Shanghai Finc Bio-Tech Inc.
  • 8.9. The Button Mushroom Company
• Chapter 9. Marketing Strategy Analysis
  • 9.1. Marketing Channel
  • 9.2. Direct Marketing
  • 9.3. Indirect Marketing
  • 9.4. Marketing Channel Development Trends
  • 9.5. Economic/Pulitical Environmental Change
• Chapter 10. Research Methodology
  • 10.1. Research Methodology
  • 10.2. Phase I - Secondary Research
  • 10.3. Phase II - Data Modeling
    • 10.3.1. Company Share Analysis Model
    • 10.3.2. Revenue Based Modeling
  • 10.4. Phase III - Primary Research
  • 10.5. Research Limitations
    • 10.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Application
FIG NO. 2. Market Attractiveness Analysis, By Region
FIG NO. 3. Global Button Mushroom Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 4. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 5. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 6. Global Button Mushroom Market for Fresh, Revenue (USD Billion) 2016 – 2028
FIG NO. 7. Comparative Revenue Analysis of Button Mushroom Market for Fresh , By Country, 2020 & 2028
FIG NO. 8. Global Button Mushroom Market for Processed, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Button Mushroom Market for Processed, By Country, 2020 & 2028
FIG NO. 10. Global Button Mushroom Market Revenue Share, By Region, 2020 & 2028
FIG NO. 11. North America Button Mushroom Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 12. Porter’s Five Forces Analysis for Global Button Mushroom Market
FIG NO. 13. PEST Analysis for Global Button Mushroom Market
FIG NO. 14. Pricing Analysis for Global Button Mushroom Market
FIG NO. 15. Value Chain Analysis for Global Button Mushroom Market
FIG NO. 16. Company Share Analysis, 2019
FIG NO. 17. Radar Determinant Chart, 2019
FIG NO. 18. Company Strategic Developments – Heat Map Analysis
FIG NO. 19. Okechamp S.A. Business Segment Revenue Share, 2020 (%)
FIG NO. 20. Lutece Holdings B.V. Geographical Segment Revenue Share, 2020 (%)
FIG NO. 21. Market Channels
FIG NO. 22. Marketing Channel Development Trend
FIG NO. 23. Growth in World Gross Product, 2008-2018
FIG NO. 24. Research Methodology – Detailed View
FIG NO. 25. Research Methodology
 

Table Of Tables

List of Tables 

TABLE NO. 1. Global Button Mushroom Market: Snapshot
TABLE NO. 2. Quarterly Button Mushroom Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Button Mushroom Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Button Mushroom Market for Fresh, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Button Mushroom Market for Processed, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Button Mushroom Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. North America Button Mushroom Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 10. North America Button Mushroom Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 11. U.S. Button Mushroom Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 12. Canada Button Mushroom Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 13. Mexico Button Mushroom Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 14. Drivers for the Button Mushroom Market: Impact Analysis
TABLE NO. 15. Restraints for the Button Mushroom Market: Impact Analysis
TABLE NO. 16. Major Buyers of Button Mushroom
TABLE NO. 17. Distributors/Traders List of Button Mushroom
TABLE NO. 18. Global Button Mushroom Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 19. Global Button Mushroom Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)