The global mushroom market size was USD 50.40 Billion in 2021 and is expected to register a revenue CAGR of 9.6% during the forecast period, according to the latest analysis by Emergen Research. Growing trend of veganism and rising demand for plant-based proteins, such as mycoprotein and meat alternatives, are expected to drive revenue growth in the market. In addition, rising research activities for development of innovative mushroom-based products are driving revenue growth in the market. For example, on 20 August 2020, Better Plant Sciences Inc. announced that its subsidiary Neonmind Biosciences completed the final product development of Four distinctive Ayurveda-inspired and botanically enhanced mushroom coffee blends. This organic coffee contains mushroom extracts and Ayurvedic herbs, is rich in nutrients- and antioxidants, and also helps to improve immunity. Special combinations of reishi, cordyceps, lion's mane, and turkey tail mushrooms are found in the formulae.
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
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Competitive Outlook: The leading companies operating in the Mushroom market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Mushroom Market and Profiled in the Report are:
Bonduelle, Drinkwater Mushrooms, CMP Mushrooms, The Green Yard, and Weikfield Foods PVT. LTD., BioFungi GmbH, Monaghan Group, Highline Mushrooms, Monterey Mushrooms, LLC., Basciani Foods, Costa's Pty Ltd.
Objectives of the Report:
Study of the global Mushroom market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Mushroom market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Mushroom market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Mushroom market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Oyster
- Button
- Truffle
- Matsutake
- Others
-
Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
- Online
- E-commerce Platforms
- E-Groceries
- Offline Stores
- Supermarkets
- Convenience Stores
- Others
- Online
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Meat Alternative
- Faux Leather
- Coffee
- Packaging
- Others
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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