The global market for dried mushrooms is anticipated to grow at a CAGR of 4.4% over the course of the estimated period, according to a report by Future Market Insights. The market is expected to be worth USD 21.8 billion in 2032 as opposed to USD 14.1 billion in 2022, according to forecasts.
| Attributes | Details |
|---|---|
| The market size value in 2022 | USD 14.1 Billion |
| Market forecast value in 2032 | USD 21.8 Billion |
| Forecast period | 2022 to 2032 |
| Global growth rate (CAGR) | 4.4% |
| The growth rate of China in the Dried mushroom market | 5.9% |
Mushrooms are porous, meaty, spongy, and fruity portions of a fungus and are classified as vegetables. Since more people are becoming aware of the nutritional and therapeutic benefits of mushrooms, there is now a market for dried mushrooms, which are ordinary or organic mushrooms that have been dehydrated without the use of preservatives.
The pleasing flavor, scent, and lack of toxic components are all indicators of a mushroom's quality. Mushrooms are growing in popularity among health-conscious consumers due to their low sodium level, lack of gluten, lack of cholesterol, lack of fat, and high nutritional value.
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According to future market insights, the dried mushroom market reached USD 13.6 billion in 2021 from a value of USD 11.7 billion in 2017, rising at a CAGR of 3.9%.
Growing consumer demand for organic food and rising health consciousness among customers are driving the expansion of the world market for dried mushrooms. The global market for dried mushrooms is being driven by the qualities of dried mushrooms, such as their natural composition, lack of added preservatives, and high vitamin D content.
The global market for dried mushrooms is being driven by macroeconomic factors such as the quick urbanization rate, rising per capita income, changing lifestyles, and expanding economy. Mergers and acquisitions between dried mushroom companies, significant investment in the food industry, and the introduction of innovative products such as mushroom spices are some of the drivers driving the global dried mushroom market.
the market for dried mushrooms is anticipated to grow at a CAGR of 4.4% over the course of the estimated period, according to a report by Future Market Insights.
The dried mushroom market is a USD 14.1 billion industry that is projected to grow at a compound annual rate of 4.4% through 2023, according to a report by FMI. North America is the largest market for dried mushrooms, accounting for 32.6% of the global market in 2022. The region is expected to maintain its dominance over the forecast period due to the growing popularity of mushrooms as a healthy food ingredient and the increasing demand for processed and packaged foods.
Mushrooms are a rich source of proteins, vitamins, minerals, and antioxidants and have been linked to numerous health benefits, such as reducing cholesterol levels and boosting immunity. They are also low in calories and fat-free, making them an ideal addition to weight-loss diets. The growing awareness of the health benefits of mushrooms is driving their demand in North America.
The dried mushroom market in Europe is booming and is expected to continue to grow in the coming years. There are several reasons for this, including the fact that mushrooms are a healthy and sustainable food source. Additionally, dried mushrooms have a long shelf life and are easy to transport, making them an ideal product for export.
European consumers are increasingly interested in healthy and sustainable food options, and mushrooms fit the bill perfectly. Mushrooms are a good source of protein, fiber, vitamins, and minerals, and they have a low carbon footprint. Dried mushrooms also have a longer shelf life than fresh mushrooms, so they can be shipped long distances without fear of spoilage.
With the demand for dried mushrooms rising, producers in Europe are well-positioned to capitalize on this growing market.
In recent years, the Asia-Pacific region has emerged as an opportunistic dried mushroom market. This is due to a number of factors, including the region's growing population and rising income levels. Additionally, the region's climate is well suited for mushroom cultivation, and there is a large demand for dried mushrooms in Asian cuisines.
As a result of these factors, the Asia-Pacific region is expected to experience significant growth in the dried mushroom market in the coming years. This growth presents a unique opportunity for suppliers and producers of dried mushrooms from around the world.
Principal Consultant
The dried mushroom market is growing rapidly, and the food and beverage industry is playing a significant role in this growth. Dried mushrooms are a versatile ingredient that can be used in a variety of dishes, and their popularity is increasing among consumers who are looking for healthy and flavourful options.
The food and beverage industry has been quick to embrace the trend, with many companies now offering dried mushrooms as an ingredient in their products. This has helped to increase awareness of the benefits of dried mushrooms and has led to more people trying them.
There are numerous health benefits associated with dried mushrooms, which is one of the main reasons why they are becoming so popular. They are a good source of fiber, protein, vitamins, and minerals, and they have been shown to boost immunity, improve digestion, and promote heart health.
The nutraceutical industry is playing a big role in the growth of the dried mushroom market. Dried mushrooms are a rich source of nutrients and have a
wide range of health benefits. They are becoming increasingly popular as people are looking for ways to improve their health and well-being.
The nutraceutical industry is helping to drive the growth of the dried mushroom market by providing products that contain these healthy fungi. Nutritional supplements that include dried mushrooms as an ingredient are becoming more widely available, and this is making it easier for people to get the health benefits they want.
As the demand for dried mushrooms continues to grow, the nutraceutical industry is likely to continue playing a major role in supporting this market. This will help ensure that more people can enjoy the many benefits that these healthy fungi have to offer.
In the global dried mushrooms market, by end-user, the food services category is expected to generate a significant revenue share and register a CAGR of 5.8% during the forecast period. This can be attributed to the growing population and changing lifestyle of people across the globe. Moreover, an increase in disposable income and awareness about health benefits associated with mushroom consumption are other major factors driving the growth of this market segment.
However, the consumer category is expected to witness the highest growth over the forecast period. This can be attributed to the growing demand for dried mushrooms from retail stores as a result of their easy availability and longer shelf life as compared to fresh mushrooms. In addition, the wide range of applications offered by dried mushrooms such as soups, sauces, salads, pizzas, pasta, etc., is another key factor driving the growth of this market segment.
To fulfill the escalating consumer demand and keep up their dominant positions in the dried mushroom market, the majority of businesses are concentrating on innovation and new product releases.
Companies in the Dried Mushrooms market sector are always releasing new types of ingredients to fulfill shifting consumer wants and seize the largest market conceivable. In order to reach new markets, businesses are attempting to expand their distribution networks.
In a recent analysis, FMI extensively examined the pricing tactics used by dried mushroom manufacturers that were positioned across geographical boundaries, sales growth, manufacturing capability, and speculative production development.
The complete analysis considers current changes that the FMI team has been researching and which have an effect on producers of dried mushrooms.
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| Attribute | Details |
|---|---|
| Forecast period | 2022 to 2032 |
| Historical data available for | 2017 to 2022 |
| Market analysis | USD million in value |
| Key regions covered | North America; Eastern Europe; Western Europe; Japan; South America; Asian Pacific; Middle east and Africa |
| Key countries covered | USA, Germany, France, Italy, Canada, United Kingdom, Spain, China, India, Australia |
| Key segments covered | Product Type, Distribution channel, Region, End-user |
| Key companies profiled | Merchant Gourmet; Agro Dutch Industries Ltd.; California Mushroom Farms Inc.; Weikfield Foods Pvt. Ltd.; Hughes Mushroom; Drinkwater Mushrooms Ltd.; Bonduelle,; Banken Champignons; The Mushroom Company; Sun Hing Foods, Inc.; Monaghan Mushrooms; OKECHAMP S.A.; Monterey Mushrooms, Inc. |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities, and Threats Analysis, Market Dynamics, Challenges, Strategic Growth Initiatives |
| Customization and Pricing | Available upon request |
The Dried mushroom market size is assessed to be USD 14.1 Billion in 2022.
The Dried mushroom market is expected to rise at a CAGR of 4.4%.
USA, China, Canada, Germany, China, India, the United Kingdom, and Australia are the major countries driving demand for the Dried mushroom market.
China Dried mushroom market is projected to grow at a CAGR of around 5.9% over the next ten years.
The market share of Germany in the Dried mushroom market is about 25.2% of the global market.
Merchant Gourmet, Agro Dutch Industries Ltd., California Mushroom Farms Inc., Weikfield Foods Pvt. Ltd., and Hughes Mushroom are expected to be the top players driving the market growth.
The global Dried mushroom market is forecasted to surpass USD 21.8 Billion by the end of 2032.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Analysis and Forecast 6.1. Product Type 6.2. End Users 6.3. Packaging 6.4. Distribution Channel 7. Global Analysis and Forecast, By Product Type 7.1. Shiitake Mushrooms 7.2. Button Mushrooms 7.3. Oyster Mushrooms 7.4. Reishi Mushrooms 7.5. Milky Mushrooms 7.6. Winter Mushrooms 7.7. Paddy Straw 8. Global Analysis and Forecast, By End Users 8.1. Food Service 8.2. Consumers 8.3. Food Manufacturers 8.4. Cosmetic Industry 8.5. Nutraceuticals 9. Global Analysis and Forecast, By Packaging 9.1. Cartons 9.2. Boxes 9.3. Polyethylene Bags 10. Global Analysis and Forecast, By Distribution Channel 10.1. Supermarkets 10.2. Convenience Stores 10.3. E-commerce 10.4. Specialized Stores 11. Global Analysis and Forecast, By Region 11.1. North America 11.2. Eastern Europe 11.3. Western Europe 11.4. Japan 11.5. South America 11.6. Asia Pacific 11.7. Middle East and Africa 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Japan Sales Analysis and Forecast, by Key Segments and Countries 16. South America Sales Analysis and Forecast, by Key Segments and Countries 17. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 18. Middle East and Africa Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Product Type, End Users, Packaging, and Distribution Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Merchant Gourmet 21.2. Agro Dutch Industries Ltd. 21.3. California Mushroom Farms Inc. 21.4. Weikfield Foods Pvt. Ltd. 21.5. Hughes Mushroom 21.6. Drinkwater Mushrooms Ltd. 21.7. Bonduelle 21.8. Banken Champignons 21.9. The Mushroom Company 21.10. Sun Hing Foods, Inc. 21.11. Monaghan Mushrooms 21.12. OKECHAMP S.A. 21.13. Monterey Mushrooms, Inc.
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