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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mushroom Market Analysis by Region
The Asia Pacific mushroom market accounts for a substantial share of the total market value. Mushrooms are an integral part of many Asian cuisines and are used in a wide range of dishes from stir-fries and soups to medicinal teas. The deep-rooted culinary traditions in countries like China, Japan, Korea, and others have historically driven a high demand for various types of mushrooms, both common and exotic. The region is also known for its diversity of mushroom varieties. Apart from globally known types like button and shiitake mushrooms, there are region-specific varieties such as enoki, maitake, and oyster mushrooms.
The demand for mushrooms in Europe is influenced by various factors that shape the market dynamics. In Europe, there is a growing trend towards health-conscious eating and mushrooms are known for their nutritional benefits, being low in calories and rich in proteins, vitamins, and minerals. This makes them popular among health-conscious consumers, contributing to their demand. European cuisine is diverse and rich, with a strong tradition of gourmet cooking. Mushrooms are valued for their unique flavours and textures and are used in a variety of dishes, from simple home cooking to high-end restaurant meals.
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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