Some of the factors driving the Europe mushroom market included shifting dietary preferences toward vegan foods, extensive research and development activities by leading players, and the development of innovative mushroom-based products. Correspondence to This has influenced various organizations and manufacturers in the industry to invest in automated techniques in their processing facilities. The demand is projected to witness a steep rise across developing economies of Asia Pacific and Europe due to rising consumer inclination toward organic food products. The possible impact they could have on our world is huge. Spawn production. Here in the US, there is really only one academic department at the University of Pennsylvania that studies mushroom cultivation. They were first grown on hardwood oak Defining the Specialty Mushroom Industry - Cornell Small Farms [wpseo_breadcrumb] 3. Furthermore, the allergic reactions while producing oyster variants are expected to restrain the market growth. The increasing adoption of a vegan lifestyle and demand for meat substitutes meals is further driving the regional market. Along with this, significant growth in the food and beverage sector is catalyzing the growth of the market. You have a satisfied customer. I was happy to have good communications in a timely manner. My questions and concerns were answered in a satisfied way. This type is commercially grown in almost all the major producing countries such as China, the United States, Italy, the U.K., Germany, Taiwan, and others. The global mushroom market is expected to witness 9.7% revenue growth from 2022 to 2030 to reach USD 115.8 billion by 2030. b. Asia Pacific region dominated the mushroom market with a revenue share of 78.6% in the year 2021 owing to high production rate and large consumer base present in the countries like China and India, b. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. The consumption pattern of consumers changed upon the pandemic outbreak. Furthermore, the high medicinal value of edible fungus and increasing awareness among people is expected to contribute to the market growth during the foreseeable years. The increasing vegan population demanding a protein-rich diet around the globe is expected to be a key driver for the market over the forecast period. The mushroom market has been experiencing continuous growth. Shiitake mushrooms have been a part of traditional medicines in countries such as Japan, China, and South Korea, as their consumption boosts health and longevity, along with improved blood circulation. In: Proceedings of national symposium mushrooms, Trivandnum, India, IPCC (2014) Climate Change 2014: Mitigation of Climate Change. Portobello mushroom | Description, Types, Nutrition, Uses, & Facts These investments, plus long learning curves on production and marketing, tend to limit who can enter traditional The North American industry, especially the U.S., is exhibiting growth opportunities due to the products significantly growing demand attributed to its abundant health benefits. Based on more recent analysis, annual mushroom consumption is higher in suburban (4.3 lbs. The demand is growing with its incorporation in food products to enhance fragrance and flavor and also to increase the nutritional value of food. What is the breakup of the global mushroom market based on the mushroom type? The study provides insights on its future prospects as a major agro-industry. Distribution through online stores is expected to witness the highest revenue-based CAGR of 10.3% over the forecast period. Growing demand for processed variants, especially across western countries, is generating export opportunities for major producing Asian countries. Food Chem 73(3):321325, Poppe J (2000) Use of agricultural waste materials in the cultivation of mushrooms. Whereas, increasing competition from online grocers that offer mushrooms at discounted prices, coupled with changing consumer behavior, has been hampering the growth of supermarkets and hypermarkets. Mushrooms are considered a superfood owing to their nutritional contents. In line with this, several major companies are focussing on developing new varieties and broad product ranges, including organic versions, which are gaining widespread prominence across the country. Regional Consultation on Modern Application of Biomass Energy, Kula Lumpur, Krishnamoorthy AS, Amutha G (2007) Potential of milky mushroom in the mushroom crop diversification in the tropical regions. The global mushroom market size reached US$ 63.0 Billion in 2022. This is a new field being led by Ecovative located in New York state. PDF Tools Share Summary Edible, medicinal, and wild mushrooms are the three major components of the global mushroom industry. February 26, 2021 Here, we learn about the circular economy when it comes to the mushroom industry, including the research of the Mushroom Research Technological Center of La Rioja ( CTICH) It helps strengthen immunity, promote weight loss, regulate blood pressure levels, and reduce the risks of various chronic diseases. The data offered to us was exactly what we were looking for. In 2020, Panbo Systems BV, an edible fungus manufacturing and consultancy company, developed a new generation production facility using hi-tech control systems and robotics to move pickers from growing areas and increase productivity by over 300%. The mushrooms are majorly distributed through the supermarkets and hypermarkets segment, which accounted for 38.3% revenue share in 2021. However, the growing penetration of online retail is likely to benefit the mushroom market in the coming years. By continuing to visit this site you agree to our use of cookies . The fresh segment is expected to grow at the fastest pace during the forecast period. Home Projects Specialty Mushrooms Specialty Mushroom Cultivation 3. 1 drug. Get detailed COVID-19 impact analysis on the Mushroom Market Request Now ! The report covered all the points and was very detailed. in 1978, but by 1999, averaged 4 lbs. In addition, the growing demand for processed and convenience foods has led to the increasing utilization of mushrooms as a flavor enhancer, ingredient, or standalone product in food processing. Thakur, M.P. Among these, direct consumption exhibits clear dominance in the market. Please wait while we are processing your request Mushroom Market Size & Analysis Report, 2022-2030. Looking forward, IMARC Group expects the market to reach US$ 90.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028. Avail customized purchase options to meet your exact research needs. Block production. The research study provides the latest information on the market drivers, challenges, and opportunities in the global mushroom market. Analysis & Reports Tridge Guides Price Data Export Data Import Data Production Data Seasonality Data Overview of Global Portobello Mushroom Market Browse trends of top exporting countries of Portobello Mushroom with a summary of price and seasonality data for each market. In the 2000s with the continued growth of the local agriculture movement, small-scale mushroom farms started to pop up around the country. 3. Defining the Specialty Mushroom Industry - Cornell Small Farms Costa Group, Monterey Mushrooms, Inc., and Bonduelle are a few of the key players in the market. In addition, processed food manufacturers have urged the packaging raw material suppliers as well as contract packers to ensure a steady flow of goods during the lockdown related to COVID-19. Land Acknowledgement: Cornell University is located on the traditional homelands of the Gayogoh:n (the Cayuga Nation). (Mordor Intelligence, 2019) The projected CAGR (compound annual growth rate) has increased over the last year, according to Research and Market reports. Therefore, the limited shelf life of mushrooms is anticipated to restrain the market growth over the forecast period. Increasing awareness regarding the nutritional benefits offered by the product is driving the market growth. The Gayogoh:n are members of the Haudenosaunee Confederacy, an alliance of six sovereign Nations with a historic and contemporary presence on this land. We also would like to associate for more assignments this year. The specialty mushroom industry is still extremely young in the United States. Cultivation mushroom production value ranks within the top five after grain, vegetable, fruit, and edible oil plantation, greater than sugar, cotton, and tobacco business. Brown edible fungus dollar sales surged by 3.6%. Indian Institute of Technology, Hauz Khas, pp 167193, Thakur MP (2018) Advances in post-harvest technology and value additions of edible mushrooms. I ACCEPTX. They are widely cultivated across the world due to their numerous nutritional benefits and lower incubation time taken by their spores. The manufacturing companies are increasingly introducing packaged products to tap the markets of processed and convenience food products. Global Mushroom Cultivation Industry (2020 to 2025) Learn more about Institutional subscriptions, Ahlawat OP, Tewari RP (2007) Cultivation technology of paddy straw mushroom (Volvariellavolvacea). Defining the Specialty Mushroom Industry Specialty mushrooms are defined by USDA as any species not belonging to the genus Agaricus (button, crimini, portabella). We are GDPR and CCPA compliant! The processed form is expected to witness a revenue-based CAGR of 10.2% from 2022 to 2030. 37 Trending Mushroom Farming Businesses [2023] This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Mushrooms are packed with four key nutrients namely selenium, vitamin D, glutathione, and ergothioneine. It is required in 90% of body functions. It looks quite comprehensive and the data is exactly what I was looking for. Furthermore, continual developments in organized distribution channels, along with the emerging e-commerce sector, are impacting the market favorably. It requires specific treatment to achieve consistent, high-quality yields. Sharondale Farm is a small certified organic mushroom farm in Charlottesville, Virginia. Competitive Intelligence and Benchmarking, Table of Which segment accounted for the largest mushroom market share? Furthermore, consumers are showing a positive response for products with natural or clean label tags. This can be attributed to the growing popularity of functional mushrooms as superfoods due to their numerous health advantages. The other 3.92 lbs per capita were provided from the agaricus industry. Mushroom production requires a high degree of management input and skill. Prominent market players in North America are adopting advanced cultivation techniques, along with various merger and acquisition strategies to increase their production capacity and maintain their prominence in the regional market. The Global Mushroom Market size is expected to reach $52 billion by 2026, rising at a market growth of 12. Mushroom is highly regarded for their nutritional value, as they are low in calories, fat-free, and rich in vitamins, minerals, and dietary fiber. Global Medicinal Mushrooms Market 2021-2025. MYCOREMEDIATION The World Mushroom Industry: Trends and Technological Development To know how our report can help streamline your business, Speak to Analyst, Button Type to Hold the Largest Mushroom Market Share Due to its Health Benefits. Thus, post-harvest storage and transportation are a crucial part of successful cultivation. Sample, Mushroom Type, Form, Distribution Channel, End-Use, Region, Asia Pacific, Europe, North America, Latin America, Middle East and Africa, United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Agro Dutch Industries Ltd., Bonduelle Fresh Europe, Drinkwater Mushrooms Ltd., Monaghan Mushrooms Inc., Monterey Mushrooms Inc., OKECHAMP S.A., Shanghai Finc Bio-Tech Inc. and The Mushroom Company, PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request). Clean label cosmetic products made from plant extracts, without the use of synthetic ingredients, are gaining considerable traction in the market. The increasing vegan population demanding a protein-rich diet around the globe is expected to be a key driver for the mushroom market over the forecast period. This makes cultivation areas and picking very efficient, increases yields and reduces costs. Some of the fields that Our support available to help you 24 hours a day, five days a week. I agree the report was timely delivered, meeting the key objectives of the engagement. Meat has been a key source of protein in the western diet; thus, the population adopting a vegan diet is anticipated to prefer protein-rich vegan products to fulfill their daily protein requirements. The region was one of the worst-hit regions by the COVID-19 pandemic which largely impacted the imports from countries like China, Peru, and Chile, thereby affecting consumption. I appreciate the timely follow ups and post purchase support from the team. Increased R&D on white button variety to discover its potential in preventing cancer, coupled with its availability at economical prices as compared to specialty varieties, is projected to escalate the segments performance during the forecast period. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. Please fill out the form below for a free PDF report sample & to this extremely fast growing functional mushroom market. Consumers across the world increasingly prefer the online mode for their fresh produce purchase owing to the convenience and price benefits offered by these channels. China is one of the largest producers and exporters of wild edible fungi in the world. Because of this, the private sector and small scale mushroom farms need to continue leading the way in research and development of these opportunities. In: Rai X, Singh X, Yadav X, Tewari X (eds) Mushroom biology and biotechnology. To get more information on the regional analysis of this market, Request Sample. For instance, Monaghan Mushrooms aims to transit towards reusable and recyclable packaging by 2025 to bring sustainability to business operations. Whereas the demand from end-users is growing, which has resulted in an increase in the prices by 6% in 2017-18 and by 3% in 2018-19. United States per capita consumption of all mushroom species was only 0.69 lbs. Europe is one of the key consumers and relies majorly on imports. Consumers are opting for healthier beverages and food products that are infused with nutrients extracted from clean or natural sources. The increasing vegan population demanding a protein-rich diet around the globe is expected to be a key driver for the market over the forecast period. The rich, umami flavor of fungi makes it the perfect meat alternative and an effective way of reducing fat and calories while boosting nutrition. farms around the country, the amount of mycelial biomass available to any one location is expanding rapidly. Growing Investments in Smart Automation for Mushroom Production to Fuel Growth. Int J Bot Res 9(1):510, Jegadeesh R, Lee S-K, Im J-H, Min-Ji Oh, Youn-Lee Oh, Jang K-Y (2018) Current prospects of mushroom production and industrial growth in India. In November of 2018, there was even a study conducted looking at the scheduling of this mushroom, which is currently a Schedule In: Jinxia Z, Hexiang W, Mingjie C (eds) Proceedings of the 18th Congress of the International Society for Mushroom Science. Dublin, May 26, 2021 (GLOBE NEWSWIRE) -- The "Mushroom Market by Type, Form, End Use, and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2027" report has been added . MUSHROOM SUPPLEMENTS The UK's largest supermarket chain, Tesco, reported that sales of fresh mushrooms doubled in the year to April 2021, while a recent report by business consulting firm Grand View Research predicts that the value of the global mushroom market will jump from $55 billion to $116 billion by 2030. My overall experience with the IMARC Team was very good. However, their systematic distribution via supermarkets/hypermarkets, convenience stores, specialty stores, and online is still a challenge across many countries and regions. The pandemic has also led to restrictions on international trade, including export and import limitations, which affected the supply and distribution of mushrooms. The shiitake type is expected to witness growth owing to its rising production and high nutrition quotient. Adv Recycl Waste Manag 2:15, CAS Mushroom Res 26(1):2139, Lakhanpal TN, Rana M (2005) Medicinal and nutraceutical genetic resources of mushrooms. The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. In: Proceedings of IV European waste forum Innovation in waste management, C.I.P.A., Milan, Zhang YHP (2008) Reviving the carbohydrate economy via multi-product lignocelluloses bioefineries. Most notable is the low square footage requirements to achieve profitability. Based on the end use, the global mushroom market can be segregated into food processing industry, food service sector, direct consumption, and others. U.S. Organic Mushroom Industry Overview December 2022 Report number: VGS-369, Affiliation: United States Department of Agriculture Project: Organic Agriculture Authors: Catharine Weber Catharine. 1. It should be noted that goals for mycoremediation should not be mixed with production of edible or medicinal products, though the spawn production sector can address all these opportunities at once. Rising Health Consciousness to Propel Consumption of High Nutritional Value Food to Fuel Growth.