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NEW YORK, April 27, 2022 /PRNewswire/ — As per Zion Market Research study, Mushroom industry accrued earnings nearly about US$ 50.4 billion in 2021 and is anticipated to gain revenue of about US$ 100.1 billion by 2028, is slated to record highest gains of nearly 9.8% in timescale from 2022 to 2028. Moreover, expansion of mushroom industry over ensuing years owing to its high nutritional contents such as vitamin D, ergothioneine, selenium, and glutathione. In addition to this, need for preventing chronic disorders including dementia, cancer, and heart disorders will crop up expansion of mushroom market. Rise in cultivation of mushrooms across the globe owing to its beneficial features will boost market trends. Furthermore, spectrum of applications of non-edible mushrooms in pharmaceutical & nutraceutical sectors will push growth of mushroom market. With humungous use of mushroom as protein and mineral rich alternative to meat, the market for mushroom market is likely to gain traction in years to come.
Key Industry Insights & Finding of the Mushroom Market Reports:
Zion Market Research published the latest report titled as "Mushroom Market – By Product (Button, Shiitake, And Oyster), By Form (Fresh And Processed), By Category (Fresh Mushroom, Dried Mushroom, Canned Mushroom, Frozen Mushroom, And Others), By Distribution Channel (Supermarket And Hypermarket), And By Application (Food, Cosmetics, And Pharmaceuticals): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2022 – 2028." into their research database.
Mushroom Market: Overview
Escalating awareness pertaining to intake of functional diet has produced boom in new era. Mushroom, being a functional constituent of diet, is widely consumed owing to its medicinal & nutritional property. Mushrooms belong to ascomycetes and have anti-oxidant & anti-microbial features. Reportedly, the product is rich source of immune-modulating & anti-cancer agents. They possess health-promoting features and are high source of new pharmaceuticals. Mushrooms find slew of applications in healthcare sector for treatment of skin disorders and AIDS. In addition to this, Mushrooms are anti-allergic and can be used as anti-choresterol, anti-cancer, and anti-tumor agents.
These products have high proportion of carbohydrates, xylans, like chitin, beta & alpha glucans, galactans, hemicellulose, and mannans. This has prompted their use as probiotics. It confers benefit to hosts through inhibition of exogenous pathogens.
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Mushroom Market: Growth Dynamics
Rise in trend of consuming vegan diet across globe has become a key growth factor of mushroom market. High nutritional contents found in mushrooms have made their use popular in diet. Furthermore, ability of mushroom to reduce oxidative stress and need for minimizing risk of chronic diseases will open new growth avenues for mushroom industry. In addition to this, mushroom is a major source of myochemical and can boost defense mechanism of population. This will prop up use and penetration of product in diet, thereby driving market trends.
Moreover, surge in health awareness will pave a way for expansion of mushroom market. Apart from this, rise in funding of commercial cultivation activities will steer progression of mushroom industry. A prominent increment in fresh mushroom demand owing to growing preference for organic diet has culminated into rapid expansion of mushroom market.
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List of Key Players of Mushroom Market:
Key questions answered in this report:
Market size value in 2021
USD 50.4 Billion
Revenue forecast in 2028
USD 100.1 Billion
CAGR of almost 9.8% 2022-2028
2016 – 2021
2022 – 2028
By Product Type, By Application, and By End Use
Value (USD Billion), and Volume (Units)
Revenue in USD million/billion and CAGR from 2022 to 2028
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
OKECHAMP S.A., Weikfield Foods Pvt. Ltd., Monaghan Mushrooms, Monterey Mushrooms, Inc., Prime Fresh Ltd., Drinkwater Mushrooms Ltd, Agro Dutch Industries Limited, Scelta Mushrooms BV, Bonduelle, Modern Mushroom Farms, Hughes Mushroom, Banken Champignons BV, and Kulkarni Farm Fresh Private Limited.
Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
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Expansion of mushroom market in APAC in forecasting years can be attributed to rise in disposable income of population in countries such as China. Apart from this, surging intake of mushroom in Asia nations such as India and Japan will open new vistas of growth in region over forecasting timespan. Additionally, acceptance of new methods of mushroom cultivation in sub-continent will enlarge scope of industry in forthcoming years. Presence of reputed manufacturers in region will culminate into humungous regional market expansion over upcoming years.
Global Mushroom Market is segmented as follows:
Mushroom Market: By Product Outlook (2022-2028)
Mushroom Market: By Form Outlook (2022-2028)
Mushroom Market: By Category Outlook (2022-2028)
Mushroom Market: By Distribution Channel Outlook (2022-2028)
Mushroom Market: By Application Outlook (2022-2028)
Mushroom Market: By Region Outlook (2022-2028)
Middle East & Africa
Press Release For Mushroom Market: https://www.zionmarketresearch.com/news/mushroom-market
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