Edible Mushrooms Market Growth Insights and Segment Analysis Report 2019-2024
Posted by Shiva on September 13th, 2019
Edible Mushroom Market Value and Growth Rate Analysis:
Edible Mushroom Market Value was worth USD 50.0 billion in 2019 and estimated to be growing at a CAGR of 9.54%, to reach USD 78.9 billion by the end of 2024.
Edible Mushroom Market Introduction:
Edible mushrooms are species of micro fungi possessing fleshy eatable bodies and are cultivated for consumption purpose. Edible mushrooms are high in nutritional value and are also taken owing to the health advantages obtained from it. Mushrooms are a high source of vitamins, selenium, and potassium. They help in enhancing the body’s metabolism and also reduces cholesterol. Mushrooms are also taken for medicinal purpose as they are meant to reduce the risk of cardiovascular diseases.
Mushrooms are less in saturated fat and more in fiber content which tends to raise its demand among the health conscious customers. They are low in sodium and gluten content which tends to add to its nutritional value. Increasing health awareness among the mass population has a positive impact on global mushroom market and is further estimated to have high growth during the given forecast period.
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Market Drivers and Restraints:
Growing inclination of customers towards veganism is adding fuel to the edible mushroom market. High fiber content and low fat content of mushroom helps in decreasing excess fat of the body and also boosts the body’s metabolism. Shift in customers’ food consumption pattern and adoption of healthy life is propelling the positive growth of this market.
Low production price and requirement of less land area for the cultivation of mushroom is encouraging the makers to enter into the market and regenerate revenues. More focus on R&D has resulted in improved production capacity due to which good quality of edible mushroom is now available across the world. Nevertheless, as of now, the short shelf life of edible mushroom poses as a factor that lowers the growth of the market.
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Detailed Classification of the Market:
By distribution channel:
o specialty retailers
o convenience stores
Europe accounts for the crucial market share followed by Asia Pacific. Increasing cultivation of fiber rich food commodities from the countries of these regions is influencing the high production volume of edible mushroom. Owing to changing food consumption pattern, edible mushroom market is estimated to generate high revenue throughout the given forecast period. Moreover, increasing health awareness and rising demand for meat substitutes will support the sale of edible mushroom across the regions during the assessment period. The main importers of edible mushroom include Italy, Japan, France, Germany, and Spain.
Leading key market players mentioned in this report:
Some of the major players profiled in the global edible mushroom market are The Mushroom Company (U.S.), Monaghan Mushrooms (Ireland), Bonduelle Group (France), Okechamp S.A. (the Netherlands), Lutèce Holding B.V. (the Netherlands), Monterey Mushrooms, Inc. (U.S.), and Shanghai Finc Bio-Tech Inc. (China)
The Scope of the report:
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About the AuthorShiva
Joined: June 11th, 2019
Articles Posted: 88
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