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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mushroom Market Trends
One of the prominent trends in the market is the organic mushroom farming due to rising consumer awareness about the health implications of pesticides, fungicides, and other chemicals commonly used in conventional agriculture. Moreover, sustainable farming practices aim to minimise environmental impact. In mushroom farming, this can include using renewable energy sources, recycling water, and employing waste reduction techniques. For example, the spent substrate from mushroom cultivation can be composted and reused, thereby creating a circular economy within the agricultural system.
The growing innovations by key players to create value added products and also improve their packaging to increase their shelf life favours the mushroom market development. In January 2024, StePacPPC introduced an innovative modified atmosphere packaging (MAP) film that significantly enhances the shelf life of mushrooms. This development is particularly relevant for both whole and sliced white mushrooms, as well as a variety of exotic mushrooms. The packaging solution is specifically designed to extend the shelf life of mushrooms as they have high metabolic activity and respiration rates, making them highly perishable with a typically short shelf life of just a few days. This new packaging technology significantly slows down the decay process, reducing the weight loss of the mushrooms and effectively extending their freshness.
Mushroom Market Report Snapshots
Mushroom Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 68.03 billion.
The market is estimated to grow at a CAGR of 8% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 136.47 billion by 2032.
The major market drivers include the mushroom's strong nutritional and culinary capabilities, growing usage of mushrooms as a meat alternative, growing popularity of organic foods, increased urbanisation, growing technological advancements in mushroom packaging, and rising disposable incomes.
The key trends aiding the market growth include rising demand for plant-based food products, sustainable mushroom farming practices, growing demand for value-added mushrooms, and innovations in mushroom cultivation.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The major mushroom types considered in the market report are button, shiitake, and oyster, among others.
The various forms of mushroom are fresh, frozen, dried, and canned, among others.
The several distribution channels in the market are supermarkets and hypermarkets, grocery stores, and online, among others.
The major players in the market are Costa Group, Hughes Group, Monaghan Mushrooms, Monterey Mushrooms Inc., and Okechamp S.A., among others.
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