Global Mushroom Market 2016-2020
Mushrooms are porous, fleshy, and spongy and are most often considered as vegetables. Both individual consumers and foodservice providers are the primary consumers of mushrooms. Consumers globally are willing to pay more for healthy, fresh, and hygienically-packed fresh mushrooms because of their medicinal and nutritional values.
Technavio’s analysts forecast the global mushroom market to grow at a CAGR of 8.29% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global mushroom market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of different types of mushroom such as fresh mushroom, canned mushroom, and dried mushroom. Report also considers revenue generated from the retail sales of some category types of mushroom such as button mushroom, shiitake mushroom, oyster mushroom, and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Mushroom Market 2016-2020
Technavio recognizes the following companies as the key players in the global mushroom market: Mushroom Company, Monaghan Mushrooms, Hughes Mushroom, Bonduelle, and Okechamp.
Other Prominent Vendors in the market are: Agro Dutch Industries, Costa, Drinkwater Mushrooms, Giorgio Fresh, Highline Mushrooms, Mushroom Farmers of Pennsylvania, and Phillips Mushroom Farms.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is veganism and vegetarianism: A new trend among people. Vegetarianism has become a style of living and philosophy across many geographical regions. People are adopting vegetarian diets due to ethical concerns for animals and the environment. Organizations such as People for the Ethical Treatment of Animals (PETA) believe education is the key to create awareness among people about veganism and its impact on global warming and environmental degradation.”
According to the report, one of the major drivers for this market is medicinal values associated with mushrooms. Technically, mushrooms are not plants. They belong to the fungi kingdom but are classified as vegetables. They are high in antioxidants and contain selenium, which is a mineral that is not present in most vegetables. This mineral plays a vital role in liver enzyme function and aids in combating cancer by detoxifying cancer-triggering compounds in the body. It also decreases tumor growth and prevents inflammation. Besides selenium, mushrooms also contain Vitamin C, fiber, and potassium that contribute to cardiovascular health. Mushrooms that are high in potassium and low in sodium decrease the chances of cardiovascular diseases and high blood pressure.
Further, the report states that one of the major factors hindering the growth of this market is impact of pests and diseases on mushroom yield. A variety of midge species and small flies damage the mushroom crop; mite species also affect mushrooms. Even though mushrooms belong to the fungi group, they can still be affected by a wide range of fungal pathogens.
Mushroom Company, Monaghan Mushrooms, Hughes Mushroom, Bonduelle, Okechamp, Agro Dutch Industries, Costa, Drinkwater Mushrooms, Giorgio Fresh, Highline Mushrooms, Mushroom Farmers of Pennsylvania, Phillips Mushroom Farms.