Dublin, Aug. 29, 2024 (GLOBE NEWSWIRE) -- The "Global Edible Mushrooms Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets.com's offering.
The edible mushrooms market is undergoing significant growth and is expected to achieve a valuation of US$97.085 billion by the year 2029
The urge for healthier living, combined with the growing number of chronic diseases, is propelling market expansion, as individuals globally seek nutrient-rich food products like mushrooms that are known for their health benefits. Mushrooms are rich in antioxidants, vitamin B, potassium, copper, as well as proteins, minerals, polysaccharides, and unsaturated fatty acids, making them a popular choice for health-conscious consumers.
The surging demand for edible mushrooms in gourmet cooking, alongside the rising preference for vegan diets, has become a dynamic market driver. With the vegan global population escalating and vegan food markets, such as those in India, expected to expand significantly, mushrooms have positioned themselves as an essential component in plant-based nutrition and culinary diversity. This trend is positively influencing the market, as mushroom-based food products continue to emerge, satisfying consumer demand for plant-based, nutrient-dense alternatives to conventional animal protein sources.
Segment Analysis and Strategic Developments
The mushroom market is segmented by type and end-user, indicating that food industry applications are to experience pronounced growth. As consumers look towards healthier, meat-analog food products, edible mushrooms have become a primary component in this sector. Manufacturers are innovatively processing mushrooms into various forms, including powder, to enhance the nutritional value of food items, further stimulating consumer interest. Numerous product launches demonstrate the commitment of industry players to exploit the burgeoning demand for plant-based food options and intensify market growth.
Geographical Market Dynamics
In terms of geographical market dynamics, China stands out as a crucial player, with its large-scale production and consumption of edible mushrooms. The Chinese mushroom market is expected to maintain strong growth due to factors such as increased per capita income, health awareness, and government strategies bolstering mushroom farming. Other regions including North America, Europe, and the Asia Pacific are significant contributors to the market, propelled by substantial imports, health trend awareness, and expanding vegan populations.
The edible mushrooms market forecast paints an optimistic picture of the industry, underlined by a constellation of favorable factors that are anticipated to drive substantial market expansion through to the year 2029.
For a more detailed understanding of the market dynamics, trends, and segmentation, further inquiries are encouraged. However, it is noted that any research referenced herein is not for sale or customized and is provided for informational purposes only, with no endorsement of specific authors or publishers.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 114 |
| Forecast Period | 2024 - 2029 |
| Estimated Market Value (USD) in 2024 | $67.4 Billion |
| Forecasted Market Value (USD) by 2029 | $97.09 Billion |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Global |
Companies Featured
- Hirano Mushroom LLC
- Far West Fungi
- Henan Gutailang Foods Co., Ltd.
- CNC Exotic Mushrooms
- The Mushroom Company
- Monterey Mushrooms, Inc.
- OKECHAMP SA
- Butet
- Meijer
- Gourmet Mushrooms
- Phillips Mushroom Farms
- North Spore
For more information about this report visit https://www.researchandmarkets.com/r/m3ayuu
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