Global Mushroom Market is expected to foresee significant growth during the forecast period. North America to witness the highest growth!

The shifting preference towards functional foods, positive outlook towards organic personal care, improvement in the dietary supplements industry for medicinal properties, and the emerging role of mushrooms in the food industry. Mushrooms have been widely used due to their medicinal properties and superfood benefits. Functional mushrooms help to strengthen immune systems and are also used as a dietary option that is low in calories and high in protein which is great for those lacking protein in their diet, in addition to providing multiple vitamins and essential minerals.

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Further, the North America Mushroom Market is expected to grow at a strong CAGR during the forecast period (2023-2030). North America region shows growth potential as a result of the product’s rapidly expanding demand, which is linked to its numerous health benefits. In order to improve their production capacity and maintain their leadership in the local market, prominent market players in North America are implementing cutting-edge cultivation techniques as well as a variety of merger and acquisition strategies. Additionally, the government’s assistance in accelerating harvesting speeds contributes to growth. For instance, the National Institute of Food and Agriculture of the U.S. Department of Agriculture awarded about USD 4 million to the College of Agricultural Sciences at Pennsylvania State in September 2021 to support a group of researchers as they look into technologies to address labor shortages on farms that cultivate edible fungi.

North America Mushroom Market Revenue (2020-2030)- USD Bn

Based on the product, oyster mushroom, button mushroom, shiitake mushroom, and others. The button mushroom dominated the mushroom market and is expected to grow at a considerable CAGR during the upcoming years as it is one of the most popular varieties of mushrooms that is consumed and produced regularly all over the world. For instance, the national annual production of mushrooms in India is estimated to be approx. 50,000 tonnes with almost 85% of this production being of a button mushroom.

Based on the form, the mushroom market has been bifurcated into fresh, processed, dried, canned, and frozen. The fresh segment is expected to garner the major market share in 2022 and will grow at a remarkable CAGR. This is mainly owing to the high demand for fresh mushrooms as they are more nutritious as compared to the other ones. Fresh white mushrooms are rich in riboflavin niacin, copper, pantothenic acid, and selenium. Additionally, the increase in the number of consumers who are inclined towards healthier food options with no added preservatives is also propelling the growth of the market.

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Global Mushroom Market Segmentation

Market Insight, by Product Type

• Button
• Shiitake
• Oyster
• Others

Market Insight, by Form

• Fresh
• Processed
• Dried
• Canned
• Frozen

Market Insight, by Application

• Food
• Pharmaceutical
• Cosmetics

Market Insight, by Distribution Channel

• Hypermarket & Supermarket
• Convenience Stores
• Grocery Stores
• Online

Market Insight, by Region

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• Basciani Foods
• Monaghan Group
• BioFungi GmbH
• Costa’s Pty Ltd
• White Prince Mushrooms
• Weikfield Foods Pvt. Ltd.
• Greenyard
• Valley Mushrooms
• SA Mushrooms
• Scelta Mushroom BV