Global Mushroom Market Attains Higher Growth Rate as Demand from Value-added Products Rises

Transparency Market Research holds volumes of consistently updated data on the food and beverages industry, among other industry verticals. “Mushroom Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024” contains updated and relevant data on the current situation of producers of mushroom and the factors that drive or restrain the market in general.

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The key factor augmenting the global mushroom market at the moment is the incorporation of mushrooms in value-added food products. A growing number of consumers are being attracted to up their intake of mushrooms after becoming aware of their health benefits. As a result, the global mushroom market is experiencing a direct increase in demand. Mushrooms are known to possess several valuable properties that help combat diseases such as prostate and breast cancers, recent studies have shown. A lot of the commonly available mushrooms are also rich in selenium and other minerals, making them essential to the diet of consumers who are looking to lose weight by reducing calorie intake.

The global mushroom market is segmented on the basis of commonly produced types, into paddy, reishi or lingzhi, winter, oyster, shiitake, and button. Each type holds a greater prominence in different regions of the world, while a lot of them are prominently available in developed economies due to high demand. On the basis of storage methods, the global mushroom market is classified into processed, canned, dried, frozen, fresh, and chilled. While there is a growing demand for fresh mushrooms, frozen and chilled mushrooms are easier to store and transport than fresh ones, as the latter has a much smaller effective radius of transportation. At the same time, advancements in transportation and packaging options are allowing distributors to transport fresh mushrooms to greater distances, thereby improving the revenue generated by the global mushroom market in general.

From a regional perspective, the global mushroom market was being dominated by Asia Pacific, particularly by the extremely high demand for mushrooms from Japan, China, and even India. At the same time, North America and Europe hold high value markets for the sales of exotic mushrooms in terms of imports as well as regional production. For instance, the rate of cultivation of shiitake mushrooms has shot up over the past few years in North America and Europe, given the increase in demand for them in these regions.

The key players that have held leading positions so far in the global mushroom market, include Drinkwater Mushrooms Ltd., Hughes Mushroom, The Mushroom Company, Monterey Mushrooms, Inc., Fresh Stock, Kulkarni Farm Fresh Pvt. Ltd., Agro Dutch Industries Ltd., Modern Mushroom Farms, Weikfield Foods Pvt. Ltd., Ecolink Baltic, Banken Champignons, Monaghan Mushrooms, Bonduelle, Scelta Mushrooms BV, OKECHAMP S.A., and The California Mushroom Farms Inc.

Mushroom Market to Poised for Strong Growth Due to Consumer Preference for Value-Added Products

Global Mushroom Market: Overview

The global market for mushrooms is poised for strong growth over the course of the forecast period, with the demand being significantly driven by the rising consumer preference for value-added products, the health benefits associated with mushrooms, and the increasing awareness among consumers about these benefits.

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Commonly available mushroom varieties include button, shiitake, oyster, winter, reishi, and paddy mushrooms. By storage, the market can be segmented into chilled, fresh, frozen, dried, canned, and processed. Mushrooms are now available at most local stores as more and more consumers are inclined toward a healthier lifestyle. The rich disease-fighting properties of mushrooms are known to lower the risk of breast cancer as well as prostate cancer, according to recent studies. Most varieties are rich in selenium and several other minerals and are also known to help cut calories.

Although the use of mushrooms as food was recorded long ago, the presence of an organized market is fairly recent. The report offers a detailed assessment of the global mushrooms market and brings to the fore the key factors influencing its growth. The historical, present, and future performance of this market is presented in a qualitative as well as quantitative format, highlighting the major developments along the way. With the help of industry tools such as SWOT analysis, market attractiveness, value chain analysis, and Porter’s Five Forces, the report serves as an ideal blueprint for all those interested in the global mushroom market.

Global Mushroom Market: Trends and Opportunities

Apart from the growing demand for mushrooms, fueled by the many advantages associated with them, the global market has gained momentum in recent years owing to the introduction of high yielding farming systems. This scientific approach to agriculture is aimed at increasing food production and aiding the sustainability of terrestrial and aquatic ecosystems. Keeping in mind the soaring demand for food from around the world, the market for mushrooms has grown with the rising deployment of high-yielding farming systems.

The market is also propelled by the increasing establishment of supermarkets and hypermarkets, in both developed and developing countries. This has ensured the easy availability of mushrooms. Despite the fact that the low shelf life of mushrooms acts as a major deterrent on the market, companies in this space are counting on the development of advanced refrigeration techniques to help boost the shelf life of these products. This is a major opportunity for players in the market.

Global Mushroom Market: Regional Outlook

One of the most significant markets for mushrooms is Asia Pacific, with the demand centered in countries such as China, Japan, and India. The cultivation and availability of several species of mushrooms in these countries acts as a key growth driver. North America and Europe are also important mushroom markets, with Europe playing a major role in their production and processing. In the Americas, the production of shiitake mushrooms has grown significantly, which has boosted the market in the region. Moreover, the rising trend of growing and selling gourmet mushrooms is likely to bode well for this market.

Companies Mentioned in the Report

Some of the leading players participating in the global mushroom market are Drinkwater Mushrooms Ltd., The Mushroom Company, Hughes Mushroom, Fresh Stock, Monterey Mushrooms, Inc., Agro Dutch Industries Ltd., Kulkarni Farm Fresh Pvt. Ltd., Weikfield Foods Pvt. Ltd., Modern Mushroom Farms, Banken Champignons, Ecolink Baltic, Bonduelle, Monaghan Mushrooms, OKECHAMP S.A., Scelta Mushrooms BV, and The California Mushroom Farms Inc.

Global Mushrooms Market Driven by Rising Awareness about Health Benefits, Rising Demand for Organic Products

Transparency Market Research has announced a new research study in their catalog of food and beverage industry research reports. The global mushroom market is the focus of study of the report. The report examines the trajectory of the global mushrooms market till 2011 and further presents forecasts regarding the market’s expected trajectory from 2012 to 2018. The report is titled ‘Mushroom Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 – 2018.’

Mushrooms are edible parts of certain fungi and are becoming increasingly popular across the world due to their low calorie content and high vitamin and mineral content. The high yield of mushrooms per unit land and their organic nature have also been instrumental in propelling the global mushrooms market.

The demand for organic food is growing across the world thanks to the growing public opposition to the use of synthetic chemicals in the production of produce. Mushrooms have become an important part of this movement in recent years since their nutritional profile being comparable to popular meats. Due to their texture, mushrooms have also become important in vegetarianism as a meat substitute.

The low calorie content of mushrooms is a major driver propelling the global mushrooms market. Due to the growing acknowledgement of the risks of the conventional high-carb diet popular around the world, foods such as mushrooms are growing in demand. Despite their low calorie content, mushrooms contain significant quantities of vitamin B and several minerals such as phosphorus, zinc, potassium, and, in some cases, selenium and copper. The increasing health awareness among the global population is thus the prime driver of the global mushroom market.

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On the other hand, the short shelf life of mushrooms is a major restraint on the mushrooms market. Since mushrooms contain no added preservatives, they can be stored for only a few days, unless frozen.

Mushrooms are sold frozen, chilled, canned, processed, and fresh in the global mushroom market. By application, the market is segmented into recipes, direct consumption, and food and beverage processing. The major types of mushrooms sold in the global mushrooms market are shitake, button, and oyster.

Regionally, the popularity of mushrooms in the traditional cuisines of East Asian countries such as South Korea, Japan, and China has enabled the Asia Pacific market to take up a dominant share in the global market. However, despite their traditional popularity in this region, Europe is the largest production and processing hub for mushrooms. In the coming years, Europe is expected to exhibit promising growth in the global mushrooms market as the popularity of mushrooms catches up with the spread of processing facilities in the region.

The major players in the global mushrooms market analyzed in the report include Kulkarni Farm Fresh Pvt. Ltd., Agro Dutch Industries Ltd., Hughes Mushroom, Modern Mushroom Farms, Banken Champignons, The Mushroom Company, Drinkwater Mushrooms Ltd., Monterey Mushrooms, Inc., Ecolink Baltic, and Monaghan Mushrooms.