Mushroom Market: A Look at the Industry's Growth Drivers and Challenges

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Rapid advancements and innovation in mushroom cultivation and processing technologies is a key factor driving mushroom market revenue growth

The Mushroom Market research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market.

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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. 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.

Highlights of Table of Contents (TOC):

Overview of Global Mushroom Market

Competitive analysis of the Mushroom market

Regional analysis of Global Mushroom market production and revenue

Regional analysis of Global Mushroom market supply, consumption, and export import

Type-based market analysis of global Mushroom production, revenue, and price trends

Application-based analysis of the global Mushroom market

Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Mushroom market

Global Mushroom market forecast (2022-2030)

Conclusion of the research report

Appendix

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Competitive Outlook:

The global Mushroom market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Mushroom market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Key participants include 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.

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

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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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Mushroom industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

Emergen Research has segmented the global mushroom market based on product type, distribution channel, application, end-use, and region:

  • 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
  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Meat Alternative
    • Faux Leather
    • Coffee
    • Packaging
    • Others
  • End-Use Outlook (Revenue, USD Billion; 2019–2030)

    • Food
    • Building Construction
    • Pharmaceuticals
    • Cosmetics
    • Others

Key point summary of the report:

The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.

It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.

The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.

It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.

The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.

The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.

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