Global Edible Mushrooms Market - 2019-2026
Edible Mushrooms are currently one of the highly-valued horticultural crops grown in the United States. Edible mushrooms are fat- and cholesterol-free, low-sodium food, rich in essential nutrients, and antioxidants. Rapid shift in culinary practices across the globe and growing demand from health-conscious customers towards fat- and cholesterol-free products are contributing towards the growth in sales of edible mushrooms globally during forecast period. Improvements in mushroom production and harvesting technologies have resulted in greater yields, and advancements in packaging and transportation resulted in increased production quality and distribution worldwide.
The global edible mushrooms market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
Increasing shift in culinary practices across communities towards fat-, cholesterol-free foods, is major factor driving the global edible mushroom market. Increasing awareness among the communities towards the health-related advantages associated with consumption of edible mushrooms are additionally contributing to the growth of edible mushrooms market globally during forecast period. According to the research published by National Cancer Institute, the antioxidant content in mushrooms has the potential in the prevention of lung, prostate, breast and other types of cancer. Increasing shift in dietary habits among the communities towards healthy diet to overcome urban unhealthy lifestyle is contributing to the increased consumption of edible mushrooms. Additionally, increasing adoption of western culinary among the communities in developing nations is contributing to the growth of edible mushrooms globally during forecast period.
However, high volatility in prices of raw material required for the production of edible mushrooms, and increasing agricultural labour wages are major factors hindering the growth of edible mushrooms production and sales globally during forecast period.
Global edible mushrooms market is segmented on the basis of product into button mushrooms, chanterelle mushrooms, cremini mushrooms, shiitake mushrooms, oyster mushrooms, and others.
Shiitake mushroom is the fastest growing segment in global edible mushroom market owing to high consuming nature due to its varied physical and economical parameters including chewy texture, aromatic flavor, low fat, and fiber in these mushrooms that supports colon health. These mushrooms are frequently grown across the small-scale farmers with natural logs due to its minimal investment and high economical nature. Shiitake mushroom is also used for boosting the immune system, HIV/AIDS, lowering blood cholesterol levels, hardening of the arteries, diabetes, eczema, colds and flu, treating prostate or breast cancer, and as an anti-aging agent. It is majorly grown in United States, Japan, China, Taiwan, and Korea.
By region, the global edible mushrooms market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and Africa.
North America is dominating the global edible mushrooms market owing to high presence of production of edible mushrooms and increasing penetration of edible mushrooms as major ingredient in their cuisine. According to the Pennsylvania’s Agricultural Development Council, Chester’s County 61 farms accounted to 47% of total United States mushroom production. Currently, more than 850 million pounds of mushrooms are being produced in the United States. Shiitake and Oyster mushrooms are two major specialty mushrooms grown in the United States. Increasing a raw material cost required for production of raw materials and depleting availability of labour resources are major factors contributing to the declining trend in the production of edible mushrooms across the region. The above factors, led United States depend on the imports of edible mushrooms from countries such as India, and China,
Global edible mushrooms market is fragmented with presence of huge number of private firms operating in the production and marketing of edible mushrooms. Global market is currently driven by the direct sales through respective company’s e-commerce sites. The global edible mushrooms market is experiencing new e-commerce site additions across the grower’s sites to increase the direct sales of their products.
Some of the key players in the global edible mushrooms market includes The Mushroom Company, Monaghan Mushrooms, Bonduelle Group, OKECHAMP S.A., Greenyard, are among many others.
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