Functional Mushroom Market Destine to Reach USD 6, 06,260.80 Thousand by 2029 Globally, Size, Share, Industry Growth Rate, Demand and Revenue Forecast
LOS ANGELES, Oct. 26, 2022 /PRNewswire/ -- "Functional Mushroom Market" from Data Bridge Market Research, this research helps businesses thrive by offering in-depth market analyses and insights. To thrive in this swiftly changing market landscape, businesses must take up the world-class solution such as this Functional Mushroom market research report. This report helps you effortlessly figure out brand awareness and perception of your brand and product among potential customers of Functional Mushroom industry. This market research report also covers strategic profiling of major players in the market, meticulously analysing their core competencies, and drawing a competitive landscape for the market. Top players and brands are analysed with respect to their actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive research in the market.
The global functional mushroom market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.1% in the forecast period of 2022 to 2029 and is expected to reach USD 6, 06,260.80 thousand by 2029. The major factor driving the growth of the global functional mushroom market is shifting preference towards functional foods, positive outlook towards organic personal care, improvement in the dietary supplements industry, increasing acceptability of mushroom for medicinal properties, and the emerging role of mushrooms in the food industry. The rising alternatives for proteins may hamper the market growth.
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Functional mushrooms are packed with antioxidants and nutritional value, with many health claims. These 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. The most widely used mushrooms for medicinal purposes are shiitake and reishi, among others.
The global functional mushroom market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief; our team will help you create a revenue-impact solution to achieve your desired goal.
Recent Developments
- In May 2021, Monaghan Group announced its partnership with Melissa Hemsley. The partnership will encourage more people to create vegetarian dishes and will be amplified through PR, social media, and digital activity. With this development company can increase its customer base.
- In October 2017, Monterey Mushrooms, Inc. announced the launch of its new product line, Let's Blend finely diced mushrooms, to make the cooking experience much easier. Let's blend works well with ground beef, chicken, lamb, pork, and turkey. With this development company can enhance its product portfolio.
Some of the major players operating in the Functional Mushroom market are:
- YUKIGUNI MAITAKE Co., Ltd.,
- Monterey Mushrooms, Inc.,
- Monaghan Mushrooms Group,
- Shandong Qihe Biotech Co., Ltd.,
- Banken Champignons Groep BV,
- The Giorgi Companies, Inc.,
- VLD Food Products Pvt. Ltd.,
- Nammex, Shogun Maitake,
- Rain Forest Mushrooms,
- Wuling (Fuzhou) Biotechnology Co., Ltd.,
- Smithy Mushrooms,
- Lianfeng (Suizhou) Food Co., Ltd,
- Mushroom King Farm,
- Maesyffin Mushrooms,
- Biobritte Agro Solutions Pvt Ltd,
- Ojas Farms,
- Farming Fungi
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The investment made in the study would provide you access to information such as:
- Global Functional Mushroom Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter's Five Forces, etc.
- Market Size)
- Market Size by application/industry verticals
- Market Projections/Forecast
Opportunities
- Increasing R&D spending on exotic mushroom variants
The demand for exotic varieties of mushrooms has been growing, driven by the increasing trend of eating healthy and natural food. Oyster mushrooms, enoki, and shiitake are a few examples of popular exotic mushrooms. The demand for exotic mushrooms has increased considerably over the past years. They can be canned, dried, or packed in frozen forms, including their usage in the food industry in mushroom pickles and sauces.
- Technological advancements and innovations in functional mushroom
Technological developments in the mushroom industry have witnessed increasing production capacities, innovations in cultivation technologies, improvements in final mushroom goods, and utilization of mushrooms' natural qualities for environmental benefits. The growing technologies used worldwide for mushroom species are increasing in food, processing, and pharmacological industries owing to the rapid development of mushroom farming.
- Supportive government policies on promoting investment in health-conscious diet
Consuming a healthy diet throughout the life course helps to prevent malnutrition in all its forms, as well as a range of non-communicable diseases (NCDs) and conditions. However, increased production of processed foods, rapid urbanization, and changing lifestyles have shifted dietary patterns. People are now consuming more foods high in energy, fats, free sugars, and salt/sodium, and many people do not eat enough fruit, vegetables, and other dietary fiber, such as whole grains. Investment by governments, the private sector, and other relevant stakeholders should support training for food producers, handlers, and processors to implement national, scientific, and evidence-based risk-based measures that can provide safe food while retaining its nutrient content.
Key Drivers:
- Shift in consumer preference toward functional foods
Functional foods have a specific set of added nutrients such as fiber, probiotics, prebiotics, minerals, and others—also, these types of food help overcome nutritional deficiencies. Functional foods are also useful in decreasing the risk of chronic diseases. Growing health concerns due to a rapidly changing lifestyle, especially in urban areas, are increasing consumers' preference for healthy and functional foods to a great extent. In addition, in the COVID-19 situation, consumers are looking for such functional food ingredients which help to increase their immunity level, so such a scenario positively impacts increasing preference for functional mushrooms.
- Positive outlook towards organic personal care
Functional mushroom has their specific benefits, and all functional mushrooms work to balance energy levels, strengthen immune function, smooth digestion, and enhance the skin's natural glow. Mushrooms are loaded with polyphenols, polysaccharides, beta-glucans, and antioxidant properties. Together and separately, all these compounds help support the immune system. Mushrooms also deliver a slew of dietary fiber, aiding in healthy digestion and increasing beneficial gut bacteria in the digestive system.
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- The market research report includes all of the market's valuable elements, such as sales growth, product pricing & analysis, growth opportunities, and recommendations for addressing market challenges
- The Functional Mushroom market research covers all the primary mergers & acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges
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Key Segmentation: Functional Mushroom Market
By Species
- Shiitake
- Reishi
- Chaga
- Lion's Mane
- Cordyceps
- Maitake
- Turkey Tail
- Tremella
- Others
By Product Type
- Cultivated
- Wild
By Category
- Regular
- Full Spectrum
By Nature
- Conventional
- Organic
By Cultivation Method
- Bed Cultivated
- Log/Wood Cultivated
By Application
- Pharmaceutical
- Food & Beverages
- Dietary Supplements
- Nutraceutical
- Sports Nutrition
- Personal Care
- Others
Regional Analysis/Insights: Functional Mushroom Market
Some countries covered in the functional mushroom industry are Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, and the Rest of Asia-Pacific, Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, and the Rest of Europe, South Africa, Saudi Arabia, U.A.E., Kuwait, and Rest of the Middle East and Africa, U.S., Canada, Mexico.
China is anticipated to dominate the Asia-Pacific region due to shifting preference towards functional foods in the region. The U.S. is expected to dominate in the North America functional mushroom market because a positive outlook towards organic personal care is a potential in the region. Germany may dominate the Europe functional mushroom market due to the increasing acceptability of mushrooms for medicinal properties.
Table of Contents:
1. Introduction
2. Market Segmentation
3. Executive Summary
4. Premium Insights
5. Global Functional Mushroom Market Regulations
6. Market Overview
7. Global Functional Mushroom Market, By Species
8. Global Functional Mushroom Market, By Product Type
9. Global Functional Mushroom Market, By Category
10. Global Functional Mushroom Market, By Nature
11. Global Functional Mushroom Market, By Cultivation Method
12. Global Functional Mushroom Market, By Application
13. Global Functional Mushroom Market, By Region
14. Global Functional Mushroom Market: Company Landscape
15. SWOT Analyses
16. Company Profile
17. Questionnaires
18. Related Reports
To Check the Complete Table Of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-functional-mushroom-market
Explore More Reports:
Functional Mushroom for Food & Beverages Market, By Type (Reishi, Cordyceps, Lion's Mane, Turkey Tail, Shiitake, Chaga, Others), Product Form (Whole, Powder, Slice, Extract), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-functional-mushroom-for-food-beverages-market
Europe Functional Mushroom Market, By Species (Shiitake, Reishi, Chaga, Lion's Mane, Cordyceps, Maitake, Turkey Tail, Tremella, Others), Product Type (Cultivated, Wild), Category (Regular, Full Spectrum), Nature (Conventional, Organic), Cultivation Method (Bed Cultivated, Log/Wood Cultivated), Application (Pharmaceutical, Food & Beverages, Dietary Supplements, Nutraceutical, Sports Nutrition, Personal Care, Others) https://www.databridgemarketresearch.com/reports/europe-functional-mushroom-market
Asia-Pacific Functional Mushroom Market, By Species (Shiitake, Reishi, Chaga, Lion's Mane, Cordyceps, Maitake, Turkey Tail, Tremella, Others), Product Type (Cultivated, Wild), Category (Regular, Full Spectrum), Nature (Conventional, Organic), Cultivation Method (Bed Cultivated, Log/Wood Cultivated), Application (Pharmaceutical, Food & Beverages, Dietary Supplements, Nutraceutical, Sports Nutrition, Personal Care, Others) https://www.databridgemarketresearch.com/reports/asia-pacific-functional-mushroom-market
North America Functional Mushroom Market, By Species (Shiitake, Reishi, Chaga, Lion's Mane, Cordyceps, Maitake, Turkey Tail, Tremella, Others), Product Type (Cultivated, Wild), Category (Regular, Full Spectrum), Nature (Conventional, Organic), Cultivation Method (Bed Cultivated, Log/Wood Cultivated), Application (Pharmaceutical, Food & Beverages, Dietary Supplements, Nutraceutical, Sports Nutrition, Personal Care, Others) https://www.databridgemarketresearch.com/reports/north-america-functional-mushroom-market
Middle East and Africa Functional Mushroom Market, By Species (Shiitake, Reishi, Chaga, Lion's Mane, Cordyceps, Maitake, Turkey Tail, Tremella, Others), Product Type (Cultivated, Wild), Category (Regular, Full Spectrum), Nature (Conventional, Organic), Cultivation Method (Bed Cultivated, Log/Wood Cultivated), Application (Pharmaceutical, Food & Beverages, Dietary Supplements, Nutraceutical, Sports Nutrition, Personal Care, Others) https://www.databridgemarketresearch.com/reports/middle-east-and-africa-functional-mushroom-market
Functional Mushroom Powder Market , By Species (Reishi, Lion's mane, Turkey Tail, Chaga, Shiitake, Maitake, Cordyceps, Tremella, Agaricus Subrufescens (Almond Mushroom) and Others), Mushroom Part (Mushroom Stem, Mushroom Cap, and Mushroom Mycelium), Product Type (Wild and Cultivated), Product Category (Full Spectrum Mushroom Powder, Powderized Fruiting Body, Regular Mushroom Powder, and Others), Nature (Organic and Conventional), Category (GMO and Non-GMO), Cultivation Method (Cultivation Using Polythene Bags, Cultivation On Logs, Cultivation On Saw Dust Using Tray, Cultivation On Wood Shavings, and Others), Application (Food and Beverages, Dietary Supplements, Pharmaceutical and Medicinal, Nutraceutical, Personal Care, Sport Nutrition, Veterinary, Cosmetic, Livestock Feed, and Others) https://www.databridgemarketresearch.com/reports/global-functional-mushroom-powder-market
Middle East and Africa Functional Mushroom Powder Market, By Species (Reishi, Lion's mane, Turkey Tail, Chaga, Shiitake, Maitake, Cordyceps, Tremella, Agaricus Subrufescens (Almond Mushroom) and Others), Mushroom Part (Mushroom Stem, Mushroom Cap, and Mushroom Mycelium), Product Type (Wild and Cultivated), Product Category (Full Spectrum Mushroom Powder, Powderized Fruiting Body, Regular Mushroom Powder, and Others), Nature (Organic and Conventional), Category (GMO and Non-GMO), Cultivation Method (Cultivation Using Polythene Bags, Cultivation On Logs, Cultivation On Saw Dust Using Tray, Cultivation On Wood Shavings, and Others), Application (Food and Beverages, Dietary Supplements, Pharmaceutical and Medicinal, Nutraceutical, Personal Care, Sport Nutrition, Veterinary, Cosmetic, Livestock Feed, and Others) https://www.databridgemarketresearch.com/reports/middle-east-and-africa-functional-mushroom-powder-market
North America Functional Mushroom Powder Market, By Species (Reishi, Lion's mane, Turkey Tail, Chaga, Shiitake, Maitake, Cordyceps, Tremella, Agaricus Subrufescens (Almond Mushroom) and Others), Mushroom Part (Mushroom Stem, Mushroom Cap, and Mushroom Mycelium), Product Type (Wild and Cultivated), Product Category (Full Spectrum Mushroom Powder, Powderized Fruiting Body, Regular Mushroom Powder, and Others), Nature (Organic and Conventional), Category (GMO and Non-GMO), Cultivation Method (Cultivation Using Polythene Bags, Cultivation On Logs, Cultivation On Saw Dust Using Tray, Cultivation On Wood Shavings, and Others), Application (Food and Beverages, Dietary Supplements, Pharmaceutical and Medicinal, Nutraceutical, Personal Care, Sport Nutrition, Veterinary, Cosmetic, Livestock Feed, and Others) https://www.databridgemarketresearch.com/reports/north-america-functional-mushroom-powder-market
Asia-Pacific Functional Mushroom Powder Market, By Species (Reishi, Lion's mane, Turkey Tail, Chaga, Shiitake, Maitake, Cordyceps, Tremella, Agaricus Subrufescens (Almond Mushroom) and Others), Mushroom Part (Mushroom Stem, Mushroom Cap, and Mushroom Mycelium), Product Type (Wild and Cultivated), Product Category (Full Spectrum Mushroom Powder, Powderized Fruiting Body, Regular Mushroom Powder and others), Nature (Organic and Conventional), Category (GMO and Non-GMO), Cultivation Method (Cultivation Using Polythene Bags, Cultivation On Logs, Cultivation On Saw Dust Using Tray, Cultivation On Wood Shavings and others), Application (Food and Beverages, Dietary Supplements, Pharmaceutical and Medicinal, Nutraceutical, Personal Care, Sport Nutrition, Veterinary, Cosmetic, Livestock Feed and others) https://www.databridgemarketresearch.com/reports/asia-pacific-functional-mushroom-powder-market
Europe Functional Mushroom Powder Market, By Species (Reishi, Lion's mane, Turkey Tail, Chaga, Shiitake, Maitake, Cordyceps, Tremella, Agaricus Subrufescens (Almond Mushroom) and Others), Mushroom Part (Mushroom Stem, Mushroom Cap, and Mushroom Mycelium), Product Type (Wild and Cultivated), Product Category (Full Spectrum Mushroom Powder, Powderized Fruiting Body, Regular Mushroom Powder and others.), Nature (Organic and Conventional), Category (GMO and Non-GMO), Cultivation Method (Cultivation Using Polythene Bags, Cultivation On Logs, Cultivation On Saw Dust Using Tray, Cultivation On Wood Shavings and others.), Application (Food and Beverages, Dietary Supplements, Pharmaceutical and Medicinal, Nutraceutical, Personal Care, Sport Nutrition, Veterinary, Cosmetic, Livestock Feed and others.) https://www.databridgemarketresearch.com/reports/europe-functional-mushroom-powder-market
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