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Global Oyster Mushroom Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Food & Beverage
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Oyster Mushroom Market, Type (Pearl Oyster, Blue Oyster, Golden Oyster, Pink Oyster, Phoenix Oyster, King Oyster), Form (Fresh and Processed), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, and Online Sales Channel, Medical, Others) – Industry Trends and Forecast to 2029.

Oyster Mushroom Market

Oyster Mushroom Market Analysis and Size

With an increase in the hectic lifestyles of people all over the world, this population pool is gravitating toward the consumption of processed food products. This factor is boosting sales prospects in the global oyster mushroom market. Furthermore, increased awareness of the health benefits of eating mushrooms is fuelling market business opportunities.

Data Bridge Market Research analyses that the oyster mushroom market was valued at USD 50.3 billion in 2021 and is expected to reach the value of USD 87.73 billion by 2029, at a CAGR of 7.20% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Oyster Mushroom Market size and segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Pearl Oyster, Blue Oyster, Golden Oyster, Pink Oyster, Phoenix Oyster, King Oyster), Form (Fresh and Processed), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Specialty Stores, and Online Sales Channel, Medical, Others)

Countries Covered

U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America

Market Players Covered

Amax NutraSource, Inc. (US), Bio-Botanica (US), Bristol Botanicals Limited (UK), Hokkaido-oyster (Japan), Hunan Huacheng Biotech,Inc.(China), Mushroom Science (US), Nammex (Canada), Qingdao Dacon Trading Co. (China), The Mushroom Company (US), Xi'an Greena Biotech Co.,Ltd (China)

Opportunities

  • Consumers are increasingly choosing edibles that add more value to their healthy lifestyle and regimen
  • The growing popularity of organic foods among health-conscious consumers
  • The growing participation of farmers and entrepreneurs in oyster mushroom production has steadily increased

Market Definition

Mushrooms are fleshy and nourishing fruit bodies of certain macro fungi groups that can grow beneath or above ground. Its edibility is defined by the absence of toxic effects on humans as well as the desired taste and aroma. Pleuritic ostreatus is another name for oyster mushroom. It's a popular edible mushroom. The oyster mushroom is a member of the basidiomycete’s class and the agaricaceae family. The oyster mushroom is best when picked young; as it ages, the flesh toughens and the flavour becomes acrid and unpleasant. Oyster mushroom is regarded as one of the world's most important commercially important edible mushrooms.

Oyster Mushroom Market Dynamics

Drivers

  • Growing demand for functional food as well as health benefits associated with consuming oyster mushrooms.

The demand for functional beverage ingredients that provide health and therapeutic benefits has increased. Furthermore, there is an increase in demand for oyster mushroom as a result of rising consumer health consciousness, increased consumer spending, and increased product awareness and knowledge through advertisements. Furthermore, consumers are becoming more interested in food and beverages obtained sustainably, such as those with simplified labels, no additive/preservative, non-GMO, and recognisable ingredient list.

  • Growing awareness about the benefits of oyster mushroom in personal care industry.

The use of oyster mushroom powder as an ingredient in cosmetics and personal care products has gained popularity. This is due to its superior antioxidant, anti-aging, anti-wrinkle, skin whitening, and moisturising properties, making it an ideal ingredient for cosmetics. As a result, several multinational corporations are gradually developing and launching personal care products with oyster mushroom as a key ingredient.

Opportunity

On the contrary, consumers are increasingly choosing edibles that add more value to their healthy lifestyle and regimen. As a result, rising consumer health consciousness raises demand for organically grown products with high nutritional value. This surge in organic oyster mushroom product adoption can be viewed as an opportunity for oyster mushroom producers to grow and expand their market base. The growing participation of farmers and entrepreneurs in oyster mushroom production has steadily increased, providing impetus to the oyster mushrooms market.

Restraints

However, a sizable portion of the population is allergic to mushrooms. This will limit the market's potential for growth in the oyster mushroom extract market. Long-term use can also cause side effects such as dry mouth, throat, and nose, as well as itchiness and rash, among other things.

This oyster mushroom market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the oyster mushroom market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Oyster Mushroom Market

Several epidemiological and clinical studies have confirmed the ability of oyster mushrooms and mushroom-derived supplements to improve innate and adaptive immune system responses to various pathogens, including viruses. Because COVID-19 has increased the sales of immunity-boosting supplements, the use of oyster mushroom extracts in such supplements is expected to result in significant market growth.

Global Oyster Mushroom Market Scope

The oyster mushroom market is segmented on the basis of type, form and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Pearl Oyster
  • Blue Oyster
  • Golden Oyster
  • Pink Oyster
  • Phoenix Oyster
  • King Oyster

Form

  • Fresh
  • Processed

Distribution channel

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Sales Channel
  • Medical
  • Others

Oyster Mushroom Market Regional Analysis/Insights

The oyster mushroom market is analysed and market size insights and trends are provided by country, type, form and distribution channel as referenced above.

The countries covered in the oyster mushroom market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America.

Asia-Pacific was the most important oyster mushroom market region. This can be attributed to the region's long-standing popularity and substantial consumption of oyster mushroom products. China is also the largest producer and consumer of oyster mushroom products.

However, North America is expected to grow at a rapid pace owing to the lifestyle changes, consumers in this region have become more interested in health-conscious products such as functional food and beverages. As a result, demand for plant-based food supplements is increasing.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Oyster Mushroom Market Share Analysis

The oyster mushroom market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to oyster mushroom market.

Some of the major players operating in the oyster mushroom market are:

  • Amax NutraSource, Inc. (US)
  • Bio-Botanica (US)
  • Bristol Botanicals Limited (UK)
  • Hokkaido-oyster (Japan)
  • Hunan Huacheng Biotech,Inc.(China)
  • Mushroom Science (US)
  • Nammex (Canada)
  • Qingdao Dacon Trading Co. (China)
  • The Mushroom Company (US)
  • Xi'an Greena Biotech Co.,Ltd (China)


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Frequently Asked Questions

The Oyster Mushroom Market value is expected USD 87.73 billion by 2029.
The growth rate of the Oyster Mushroom Market is 7.20% in the forecast period of 2022-2029.