Global Oyster Mushroom Market – Industry Trends and Forecast to 2030

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 2030.

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 global oyster mushroom market was valued at USD 52.07 billion in 2022, and is expected to reach the value of USD 89.55 billion by 2030, at a CAGR of 7.8% during the forecast period of 2023-2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Oyster Mushroom Market Scope and Segmentation

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.

Global 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

• Increasing Consumer Preference For Nutritionally Rich Products  

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 global oyster mushrooms market.

Restraint/Challenges

• Increasing Cases for Allergies Related to Oyster Mushroom

The increasing prevalence of allergies related to oyster mushrooms constitutes a significant constraint for the oyster mushroom market. As more individuals develop allergies to oyster mushrooms, it creates a potential health risk for consumers and restricts the market's growth potential. Allergic reactions not only deter individuals from consuming oyster mushroom-based products but also necessitate additional safety measures and labeling requirements, which can add complexity and costs for manufacturers.

This global 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 global 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.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Oyster Mushroom Market Scope

The global 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

Global Oyster Mushroom Market Regional Analysis/Insights

The global 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 global 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 and rest of South America

Asia-Pacific is dominating and was one of the most important region of global oyster mushroom market. 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.

North America is expected to be the fastest growing region in the global oyster mushroom market during the forecasted period of 2023 to 2030, due to 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 Global Oyster Mushroom Market Share Analysis

The global 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 global oyster mushroom market.

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

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