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Mushroom Market by Type (Button, Shiitake, and Oyster), by Application (Fresh Mushrooms and Processed Mushrooms (Dried, Frozen, and Canned)), & by Region - Global Trends & Forecast to 2019

Mushroom Market: Forecast until 2019

  • January 2015
  • 133 pages
  • ID: 2625174
In this report:
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The consumption of canned mushrooms in the region is estimated to be valued at $##,##.## million in 2014 and reach $##,##.## million by 2019, at a CAGR of ##.##%.

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The mushroom market has grown exponentially in the last few years and this forecast is expected to continue. The sector was valued at ~$29427.9M in 2013; and at a compound annual growth rate (CAGR) of 9.50 percent from 2014, it is estimated to reach ~$50034.1M by 2019. The industry is being driven by the increase in consumption of processed food, increase in consumer awareness about health and wellness, cultivation being a promising and profitable business, and continuous R&D and modernizations to extend applicability and accelerate increase. On the other hand, limited shelf-life is the main challenge faced by the mushroom market.

Europe (EU) recorded for the biggest share of the mushroom market in 2013 and is expected to grow at the highest compound annual growth rate (CAGR) of 10.80 percent between 2014 and 2019. The sector in the Asia Pacific (APAC) area is intended to be the second-largest in the next five years. These areas are estimated to be emerging revenue-generating pockets for industry actors. The shiitake mushroom market is forecasted to be the quickest-increasing in the next five years, succeeded by button mushrooms. Processed mushrooms recorded for more than half of the overall mushroom market in 2013.

In this industry report, the mushroom market has mostly been broken down on the basis of types, applications, and localities. The mushroom market is marked with intense competition due to the presence of a big number of both large- and small-scale companies. Business developments, acquisitions, strategic agreements, and new industry product developments are the top strategies approved by market actors in order to assure their increase in the industry. The sector was dominated by players including Costa Pty Ltd., Phillips Mushroom Farms, Incorporated, Shanghai FINC Bio-Tech Inc., and Bonduelle Fresh Europe in terms of developments between 2010 and 2014.

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