The Global Edible Mushroom Market was worth USD 38.13 billion in 2016 and estimated to be growing at a CAGR of 9.45%, to reach USD 59.89 billion by 2021. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the food industry.
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Edible Mushrooms are soft, fleshy, and fruity fungus, and are generally grouped as vegetables. Edible Mushrooms is one of the most popular food across the world because of the variety it offers.
Edible Mushrooms are rich in many nutrients, mainly proteins. They are the vital ingredient in the dishes of many countries.
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The major drivers for the growth of the mushroom market are the growing consumption of processed food and increasing awareness regarding health. Moreover, R&D sector is keen on enhancing applicability of edible mushrooms and to increase their life span.
However, as of now, the short shelf life of edible mushroom poses as a factor that hampers the growth of the market.
The Global Edible Mushroom Market is segmented on the basis of Type into Button, Shiitake, and Oyster. Based on Application, the market is categorized into Fresh Mushrooms and Processed Mushrooms.
The processed mushrooms are further segmented as Dried, Frozen, and Canned.
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On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Middle-east and Africa and Latin America. The Global Edible Mushroom Market was dominated by Europe, with the largest market share globally.
The Europe market is also predicted to show the highest CAGR during the forecasting period, followed by Asia Pacific.
Some of the leading players operating in the mushroom market are Costa Group, Okechamp S.A., Monterey Mushrooms Inc., Monaghan Mushrooms, Drinkwater’s Mushroom Ltd., The Mushroom Company, Shanghai Finc Bio-Tech Inc., CMP Mushrooms Greenyard NV (Lutèce), and Bonduelle SA.
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