Market Analysis:
Edible mushrooms are species of micro fungi possessing fleshy edible bodies and are cultivated for consumption purpose. Edible mushrooms are rich in nutritional value and are also consumed owing to the health benefits obtained from it. Mushrooms are a rich source of vitamins, selenium, and potassium. They help in improving the body’s metabolism and reduces cholesterol. Mushrooms are also consumed for medicinal purpose as they are known to reduce the risk of cardiovascular diseases. Mushrooms are low in saturated fat and high in fiber content which tends to raise its demand among the health-conscious consumers. They are low in sodium and gluten content which tends to add to its nutritional value. Rising health awareness among the mass population has a positive impact on global mushroom market and is further projected to have high growth during the given forecast period.
Market Research Future has delivered its newest report on the global edible mushroom market which projects steady growth for the market during the forecast period of 2017 to 2023. Edible mushrooms have become highly popular, and along with the flourishing global food & beverage industry, the edible mushroom is expected to witness proportional growth. Nutrient-rich, mushrooms have grabbed global attention due to increasing health consciousness among consumers.
It has been observed that veganism is growing across the globe, thus driving the demand for edible mushrooms. The somewhat meat-like texture is highly popular among manufacturers looking to make high-quality meat substitute products for the rising vegan population. Consumer patterns are changing progressively, and there has been a growing adoption of healthy lifestyles. The nutrient content in mushrooms is a key driver encouraging increased demand. Moreover, mushrooms are available in a wide variety and require low costs for production thus making the market highly lucrative. Increasing R&D on the benefits of mushrooms, growing awareness of the various varieties of mushroom and the innovative use of mushroom in meat substitute recipes are several critical factors that are expected to drive the global market over the forecast period.
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Key Players Analysis:
Market leading players included in MRFRs competitive analysis include Monaghan Mushrooms, Lutèce Holding B.V., Bonduelle Group, Shanghai Finc Bio-Tech Inc., Okechamp S.A., The Mushroom Company, and Monterey Mushrooms, Inc.
Latest Industry News:
Several major retailers such as Coles, Woolworths and Aldi have recalled and pulled mushrooms provided by Costa Mushrooms Exchange after plastic was found in packages of sliced mushrooms.
Market Segmentation:
The global edible mushroom market has been segmented on the basis of type, category, distribution channel and region in MRFR’s detailed report. By type, the edible mushroom market is segmented into shiitake mushroom, oyster mushroom, button mushroom, and others. Button mushrooms are the most popular among these due to their extensive use in a variety of food preparations.
By category, the market is segmented into fresh mushrooms and processed mushrooms. Processed mushrooms are further segmented into dried, canned, frozen and others. Processed mushrooms are projected to witness increased growth due to the rising demand for ready-to-eat food items. Presently, however, the fresh mushroom segment dominates the market due to easy availability of the same and the current preference of fresh food over processed.
By distribution channel, the global market is segmented into store based, and nonstore based. The store-based segment is sub-segmented to include convenience stores, specialty retailers, supermarket/hypermarket, and others. The non-store based segment is further segmented into e-commerce. Store-based sales of edible mushrooms have been observed to be the highest as consumers prefer to pick up fresh food in a one-stop shopping experience.
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Regional Analysis:
Europe accounts for the most significant region in the global edible mushrooms market. The region has a high affinity for mushroom preparations, and edible mushrooms are highly popular among the vegetarian and vegan population present in the region. Meanwhile, the Asia Pacific accounts for the second largest region due to the high production of mushrooms in the region. Rising demand for meat substitutes and changing food consumption patterns across the world are expected to augment these regions market growth. The largest importers of edible mushrooms are Japan, Italy, France, Germany, and Spain.
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