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Global Processed Mushrooms Market – Industry Trends and Forecast to 2031

Food & Beverage

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Global Processed Mushrooms Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Processed Mushrooms Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 18.11 USD Billion
Diagram Market Size (Forecast Year) USD 24.98 USD Billion
Diagram CAGR %

Major Markets Players

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Global Processed Mushrooms Market, By Type (Button Mushroom, Shiitake Mushroom, Oyster Mushroom, and Others), Product (Pickled Mushroom, Powder Mushroom, and Mushroom Sauces), Form (Dried Mushroom, Frozen Mushroom, Canned Mushroom, and Others), Application (Food Processing Industry, Retail Outlets, and Food Services) – Industry Trends and Forecast to 2031.

Processed Mushrooms Market

Processed Mushrooms Market Analysis and Size

The processed mushrooms market is thriving with the latest technological advancements, driving growth exponentially. Innovations in mushroom cultivation process, such as controlled environment agriculture and vertical farming, ensure year-round production. Additionally, advancements in processing technologies, such as freeze-drying and vacuum packaging, preserve flavor and nutrients. These developments cater to the rising demand for convenient, healthy food options, propelling the market forward.

The global processed mushrooms market size was valued at USD 18.11 billion in 2023, is projected to reach USD 24.98 billion by 2031, with a CAGR of 4.1% during the forecast period 2024 to 2031. 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.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

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

Segments Covered

Type (Button Mushroom, Shiitake Mushroom, Oyster Mushroom, and Others), Product (Pickled Mushroom, Powder Mushroom, and Mushroom Sauces), Form (Dried Mushroom, Frozen Mushroom, Canned Mushroom, and Others), Application (Food Processing Industry, Retail Outlets, and Food Services)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

The Mushroom Company (India), OKECHAMP SA (Poland), BONDUELLE (France), Modernmush (U.S.), WEIKFIELD FOODS PVT. LTD. (India), Scelta Mushrooms BV (Netherlands), Monaghan Group (Ireland), Monterey Mushrooms, Inc. (U.S.), Costa Group (Australia), Basciani Foods. (U.S.), To-Jo Mushrooms (U.S.), VALLEY MUSHROOMS. (Canada), ANN MILLER'S SPECIALITY MUSHROOMS LIMITED (U.K.), White Prince Mushrooms (Netherlands), Agro Dutch (Netherlands), Drinkwater Mushrooms (U.K.), and Sa Mushrooms Pty Ltd (Australia)

Market Opportunities

  • Increased Culinary Interest
  • Rising Demand for Clean Label Products

Market Definition

Processed mushrooms refer to mushrooms that have undergone various treatments such as slicing, blanching, drying, or mushroom canning process to enhance their shelf life, flavor, or texture. These processed forms are often used in culinary applications such as soups, sauces, pizzas, and stir-fries. Additionally, processing can also include techniques such as pickling or fermenting, offering a diverse range of flavors and culinary possibilities.

Processed Mushrooms Market Dynamics

Drivers

  • Rising Plant-Based Movement

The plant-based movement is fueling demand for mushroom-based substitutes across food sectors such as meat and dairy alternatives. Processed mushroom products offer versatility and sustainability, meeting consumer preferences for eco-friendly options. For instance, mushroom-based burgers and dairy-free cream sauces cater to the rising demand for plant-based alternatives, contributing to the growth of the processed mushroom market.

  • Growing Demand for Functional Food and Nutraceuticals

The rise in demand for functional food and beverage products is fueled by mushrooms' recognized health benefits, such as immune support, anti-inflammatory properties, and antioxidant effects. This drives the incorporation of mushroom extracts and powders into various products. For instance, beverages fortified with mushroom extracts offer consumers a convenient and tasty way to support their immune system and overall well-being.

Opportunities

  • Increased Culinary Interest

The surge in culinary fascination with exotic and gourmet mushrooms fuels demand for processed mushroom products. Mushroom-based sauces, condiments, and flavorings are becoming indispensable in global cuisines, inspiring innovative culinary creations. For instance, the rise of umami-rich mushroom-infused sauces in upscale restaurants reflects consumers' growing appetite for sophisticated flavor profiles, propelling the processed mushroom market forward.

  • Rising Demand for Clean Label Products

The rising demand for clean label products is propelling the processed mushroom market, as health-conscious consumers seek natural alternatives. Mushroom extracts and powders, prized for their purity and perceived health benefits, align with this trend. For instance, mushroom-based broths and seasonings offer flavorful, preservative-free options, meeting consumer desires for transparency and wholesome ingredients in their food choices.

Restraints/Challenges

  • Flavor and Texture Preservation

Preserving the flavor, texture, and nutritional content of processed mushrooms poses a significant challenge. Despite efforts, maintaining these natural characteristics throughout mushroom processing machine and preservation remains difficult. Ensuring that processed mushrooms retain their original qualities is essential for consumer appeal but presents ongoing hurdles for manufacturers.   

  • High cost of Processing

Processing mushrooms into canned, frozen, or dried forms entails significant labor and specialized equipment, adding to production expenses. Balancing these costs with product quality and safety standards poses a challenge. Cost management becomes crucial in ensuring profitability amidst the labor-intensive nature of processing and the need for specialized machinery.

This 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 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.

Processed Mushrooms Market Scope

The market is segmented on the basis of type, product, form and application. The growth amongst these segments will help you analyze 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

 Product

  • Pickled Mushroom
  • Powder Mushroom
  • Mushroom Sauces

 Form

  • Dried Mushroom
  • Frozen Mushroom
  • Canned Mushroom
  • Others

 Application

  • Food Processing Industry
  • Retail Outlets
  • Food Services

Processed Mushrooms Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by country, type, product, form and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Asia-Pacific is estimated to grow significantly in the processed mushrooms market during the forecast period. This growth is driven by the increasing population and surging health awareness in the region. With rising demand for nutritious and convenient food options, processed mushrooms gain traction in diverse culinary applications.

Europe is expected to dominate the processed mushrooms market, maintaining its trend of dominance. Government initiatives aimed at enhancing mushroom quality in the region will further fuel this growth during the forecast period, solidifying Europe's leading position in the industry.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as 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 Processed Mushrooms Market Share Analysis

The 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 market.

Some of the major players operating in the market are:

  • The Mushroom Company (India)
  • OKECHAMP SA (Poland)
  • BONDUELLE (France)
  • Modernmush (U.S.)
  • WEIKFIELD FOODS PVT. LTD. (India)
  • Scelta Mushrooms BV (Netherlands)
  • Monaghan Group (Ireland)
  • Monterey Mushrooms, Inc. (U.S.)Costa Group - Australia
  • Basciani Foods. (U.S.)
  • To-Jo Mushrooms (U.S.)
  • VALLEY MUSHROOMS. (Canada)
  • ANN MILLER'S SPECIALITY MUSHROOMS LIMITED (U.K.)
  • White Prince Mushrooms (Netherlands)
  • Agro Dutch (Netherlands)
  • Drinkwater Mushrooms (U.K.)
  • Sa Mushrooms Pty Ltd (Australia)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Processed Mushrooms Market size will be worth USD 24.98 billion by 2031.
The Rising Plant-Based Movement, Growing Demand for Functional Food and Nutraceuticals are the growth drivers of the Processed Mushrooms Market.
The type, product, form and application are the factors on which the Processed Mushrooms Market research is based.
The major companies in the Processed Mushrooms Market are Mushroom Company (India), OKECHAMP SA (Poland), BONDUELLE (France), Modernmush (U.S.), WEIKFIELD FOODS PVT. LTD. (India), Scelta Mushrooms BV (Netherlands), Monaghan Group (Ireland), Monterey Mushrooms, Inc. (U.S.), Costa Group (Australia), Basciani Foods. (U.S.), To-Jo Mushrooms (U.S.), VALLEY MUSHROOMS. (Canada), ANN MILLER'S SPECIALITY MUSHROOMS LIMITED (U.K.), White Prince Mushrooms (Netherlands), Agro Dutch (Netherlands), Drinkwater Mushrooms (U.K.), and Sa Mushrooms Pty Ltd (Australia).
The Processed Mushrooms Market growth rate will be CAGR of 4.1% by 2031.
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