Mushroom Market to grow at a CAGR of 6.62% from 2022 to 2027, APAC region estimated to account for 40% market growth - Technavio

NEW YORK, June 21, 2023 /PRNewswire/ -- The global mushroom market size is estimated to increase by USD 22,200.26 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 6.62% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The medicinal values associated with mushrooms are a significant driver for market growth. Medicinal mushrooms with functional and nutritional value are used to prevent, alleviate, and heal diseases. Reishi mushrooms, known to resist cancer, and Chaga mushrooms, known to promote health benefits are some examples of medicinal mushrooms. Medicinal mushrooms are also used in many over-the-counter health supplements. Hence, the growing awareness of health benefits and their usage as raw materials in other products is expected to drive the market during the forecast period. - Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and the forecast period (2023-2027). Download Sample Report in minutes!

The mushroom market covers the following areas:

• Mushroom Market Sizing
• Mushroom Market Forecast
• Mushroom Market Analysis

The report on the mushroom market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Mushroom Market 2023-2027 - Market Dynamics

Key Trends that influence the market growth – 

• The growing demand for functional mushroom products is a major trend in the global mushroom market. The growing concerns about obesity and other health problems have driven consumers to find foods and beverages with a variety of functional benefits.
• Many players in the global mushroom market are catering to the growing demand by introducing products rich in antioxidants and nutrients.
• Consumers are ready to pay premium prices for such products.
• Hence, the rising health-conscious consumer base is expected to drive market growth during the forecast period.

Major challenges that can hamper the market growth – 

• Abnormal weather conditions and temperature fluctuations are significant challenges that may impede market growth during the forecast period.
• Extreme weather conditions due to global warming affect the quality and growth of mushrooms.
• Mushrooms are extremely sensitive to the weather.
• They can experience extremities like either growing too fast with the worst texture or not growing at all because of the effects of the weather conditions.

Mushroom Market 2023-2027 : Market Segmentation

Segment Overview
Technavio has segmented the market based on type (fresh mushroom, canned mushroom, and dried mushroom), product (button mushroom, shiitake mushroom, oyster mushroom, and others), and geography (Europe, APAC, North America, South America, and Middle East and Africa). 

• The fresh mushroom segment is estimated to be a key contributing segment to the growth of the global mushroom market during the forecast period. The R&D efforts and innovation in mushroom cultivation are expected to help the fresh mushroom market grow rapidly during the forecast period. There has been growth in the global consumer base for the fresh mushroom market. This is due to the increasing preference for organic and unprocessed foods.  

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Companies Mentioned

• Banken Champignons B.V.
• Basciani Foods Inc.
• BioFungi GmbH
• BONDUELLE SA
• Commercial Mushroom Producers Co. Operative Society Ltd.
• Drinkwater Mushrooms
• Fujishukin Co. Ltd.
• Giorgio Fresh Co.
• Greenyard NV
• Highline Mushrooms
• Hughes Group
• Lambert Spawn
• Monaghan Mushrooms Ireland Unlimited Co.
• Monterey Mushrooms Inc.
• MycoTerraFarm
• NABIA
• OKECHAMP S.A.
• Phillips Mushroom Farms
• South Mill Champs
• Weikfield Foods Pvt. Ltd.

Vendor Offerings

• Basciani Foods Inc. -  The company offers mushrooms such as White, Crimini, and Shiitake Mushrooms. 
• Bonduelle SA - The company offers mushrooms such as Button mushrooms. 
• Drinkwater Mushrooms - The company's product offerings include white mushrooms and chestnut mushrooms. 

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Related Reports:

The reishi mushroom market size is expected to increase by USD 1.66 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.87%. Furthermore, this report extensively covers the reishi mushroom market segmentation by end-user (PND, food and beverage, and cosmetics and personal care), type (powder and liquid), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). One of the positive trends that may influence the growth of the global reishi mushroom market is increasing health consciousness among consumers.

The medicinal mushroom market is estimated to grow at a CAGR of 9.96% between 2022 and 2027. The size of the market is forecast to increase by USD 5,939.97 million. This report extensively covers market segmentation by usage (antioxidant, immune enhancer, anti-cancer, skincare, and others), product (chaga mushroom, reishi mushroom, and other medicinal mushrooms), and geography (APAC, North America, Europe, South America, and Middle East and Africa).  The health-promoting benefits of medicinal mushrooms are notably driving market growth. 

Key Topics Covered:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global mushroom market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global mushroom market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Fresh mushroom - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Fresh mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Fresh mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Fresh mushroom - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Fresh mushroom - Year-over-year growth 2022-2027 (%)

• 6.4 Canned mushroom - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Canned mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Canned mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Canned mushroom - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Canned mushroom - Year-over-year growth 2022-2027 (%)

• 6.5 Dried mushroom - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Dried mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Dried mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Dried mushroom - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Dried mushroom - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type 
• Exhibit 46: Market opportunity by Type ($ million)
• Exhibit 47: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 48: Chart on Product - Market share 2022-2027 (%)
• Exhibit 49: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 50: Chart on Comparison by Product
• Exhibit 51: Data Table on Comparison by Product

• 7.3 Button mushroom - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Button mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Button mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Button mushroom - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Button mushroom - Year-over-year growth 2022-2027 (%)

• 7.4 Shiitake mushroom - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Shiitake mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Shiitake mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Shiitake mushroom - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Shiitake mushroom - Year-over-year growth 2022-2027 (%)

• 7.5 Oyster mushroom - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Oyster mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Oyster mushroom - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Oyster mushroom - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Oyster mushroom - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Product 
• Exhibit 68: Market opportunity by Product ($ million)
• Exhibit 69: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027 
• Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 The Netherlands - Market size and forecast 2022-2027 
• Exhibit 103: Chart on The Netherlands - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on The Netherlands - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on The Netherlands - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on The Netherlands - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Basciani Foods Inc.
• Exhibit 123: Basciani Foods Inc. - Overview
• Exhibit 124: Basciani Foods Inc. - Product / Service
• Exhibit 125: Basciani Foods Inc. - Key offerings

• 12.4 BioFungi GmbH
• Exhibit 126: BioFungi GmbH - Overview
• Exhibit 127: BioFungi GmbH - Product / Service
• Exhibit 128: BioFungi GmbH - Key offerings

• 12.5 BONDUELLE SA
• Exhibit 129: BONDUELLE SA - Overview
• Exhibit 130: BONDUELLE SA - Business segments
• Exhibit 131: BONDUELLE SA - Key offerings
• Exhibit 132: BONDUELLE SA - Segment focus

• 12.6 Commercial Mushroom Producers Co. Operative Society Ltd. 
• Exhibit 133: Commercial Mushroom Producers Co. Operative Society Ltd. - Overview
• Exhibit 134: Commercial Mushroom Producers Co. Operative Society Ltd. - Product / Service
• Exhibit 135: Commercial Mushroom Producers Co. Operative Society Ltd. - Key offerings

• 12.7 Drinkwater Mushrooms
• Exhibit 136: Drinkwater Mushrooms - Overview
• Exhibit 137: Drinkwater Mushrooms - Product / Service
• Exhibit 138: Drinkwater Mushrooms - Key offerings

• 12.8 Giorgio Fresh Co.
• Exhibit 139: Giorgio Fresh Co. - Overview
• Exhibit 140: Giorgio Fresh Co. - Product / Service
• Exhibit 141: Giorgio Fresh Co. - Key offerings

• 12.9 Greenyard NV
• Exhibit 142: Greenyard NV - Overview
• Exhibit 143: Greenyard NV - Business segments
• Exhibit 144: Greenyard NV - Key news
• Exhibit 145: Greenyard NV - Key offerings
• Exhibit 146: Greenyard NV - Segment focus

• 12.10 Highline Mushrooms
• Exhibit 147: Highline Mushrooms - Overview
• Exhibit 148: Highline Mushrooms - Product / Service
• Exhibit 149: Highline Mushrooms - Key offerings

• 12.11 Hughes Group
• Exhibit 150: Hughes Group - Overview
• Exhibit 151: Hughes Group - Product / Service
• Exhibit 152: Hughes Group - Key offerings

• 12.12 Lambert Spawn
• Exhibit 153: Lambert Spawn - Overview
• Exhibit 154: Lambert Spawn - Product / Service
• Exhibit 155: Lambert Spawn - Key offerings

• 12.13 Monaghan Mushrooms Ireland Unlimited Co. 
• Exhibit 156: Monaghan Mushrooms Ireland Unlimited Co. - Overview
• Exhibit 157: Monaghan Mushrooms Ireland Unlimited Co. - Product / Service
• Exhibit 158: Monaghan Mushrooms Ireland Unlimited Co. - Key offerings

• 12.14 Monterey Mushrooms Inc. 
• Exhibit 159: Monterey Mushrooms Inc. - Overview
• Exhibit 160: Monterey Mushrooms Inc. - Product / Service
• Exhibit 161: Monterey Mushrooms Inc. - Key offerings

• 12.15 MycoTerraFarm
• Exhibit 162: MycoTerraFarm - Overview
• Exhibit 163: MycoTerraFarm - Product / Service
• Exhibit 164: MycoTerraFarm - Key offerings

• 12.16 OKECHAMP S.A.
• Exhibit 165: OKECHAMP S.A. - Overview
• Exhibit 166: OKECHAMP S.A. - Product / Service
• Exhibit 167: OKECHAMP S.A. - Key offerings

• 12.17 Weikfield Foods Pvt. Ltd. 
• Exhibit 168: Weikfield Foods Pvt. Ltd. - Overview
• Exhibit 169: Weikfield Foods Pvt. Ltd. - Product / Service
• Exhibit 170: Weikfield Foods Pvt. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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