Mushroom is an umbrella-shaped fruiting body of a convinced macro-fungi group that is fleshy and nutrient-rich. They can appear above or below the ground and are eatable as it delivers strong umami flavor and numerous health benefits.
According to the report analysis, ‘Mushroom Market: Current Analysis and Forecast
(2021-2027)’ states that the deficiency and inadequacy of
micronutrients constitute a global health issue. Despite the plentiful sunshine
present in numerous of the countries across the globe, there has been an upsurge
in the number of people with vitamin D deficiency owing to the lack of food
fortified with, vitamin D. Additionally, owing to such facts and the growth
in health-conscious population, there has been increasing demand for mushrooms
amongst the consumers as mushrooms comprise Vitamin D and have the capability
to synthesize it when uncovered to UV light or sunlight exposure.
Furthermore, the effective growth in demand for clean label
cosmetics and increasing consumer awareness concerning the product formulation
and ingredients is obtaining significant traction in the market. Therefore, several
beauty & personal care product manufacturers are being progressively using
plant-based ingredients while formulating their products which in turn is predicted
to have a positive impact on the requirement for mushrooms.
Based on the distribution channel, the market is categorized into
hypermarkets & supermarkets, convenience stores, grocery stores, and
online. The hypermarket & supermarket segment created revenue of USD XX
billion during 2020 and is predicted to develop at a CAGR of XX% throughout the
forecast duration to reach a market valuation of USD XX billion by 2027F.
However, the online segment is predicted to develop at a proficient pace during
the upcoming years.
Some of the great players functioning in the market are Basciani
Foods Inc., Monaghan Mushrooms, BioFungi GmbH, Mush-Boom Costa, Bonduelle,
Weikfield Foods Pvt. Ltd., Greenyard, Scelta Mushroom BV, Valley Mushrooms, SA
Mushrooms, etc. Several M&As along with partnerships have been undertaken
by these players to improve a wide variability of mushrooms.
For a better understanding of the market implementation of the
Mushroom Market, the market is analyzed based on its worldwide existence in the
countries such as Europe (Germany, France, Italy, Spain, United Kingdom, and
Rest of Europe), North America (the United States and Canada), Asia-Pacific
(China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of
World. Asia-Pacific constitutes a foremost market for the Mushroom Market
industry and generated revenue of USD XX Million during 2020 due to the increasing
consumption and introduction of mushrooms in Asian countries. Therefore, in the
near years, it is predicted that the market of mushroom will increase around
the globe more actively over the near future.
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