Mushroom Market Worth $50,034.12 Million by 2019

DALLAS, January 22, 2015 /PRNewswire/ --

The report "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" defines and segments the Mushroom Market with analyses and projection of the size and trends in terms of value. It also identifies the driving and restraining factors of the market with analyses of opportunities, burning issues, and challenges.

Browse 73 market data tables and 58 figures spread through 153 pages and in-depth TOC on "Mushroom Market - Global Trends & Forecast to 2019"       

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The market has been segmented on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW); and their value has been projected. The size of the markets in the key countries have also been covered and projected for each region. The market has further been segmented on the basis of application and type, and their size has been projected.

Mushrooms are spongy, fleshy, porous, and fruity parts of a fungus, and are mostly grouped as vegetables. Due to increased recognition of its medicinal and nutritional values, coupled with the realization of the income generating potential of fungi through trade, the demand for mushrooms has been on the rise. The edibility of mushrooms depends on the absence of poisonous content and its desirable taste and aroma. Being a rich source of nutrition and being fat-, cholesterol-, and gluten-free and very low in sodium content; mushrooms are gaining popularity among health-conscious consumers. The global market for mushrooms was valued at $29,427.92 million in 2013. This market is projected to grow at a CAGR of 9.5% from 2014 to reach $50,034.12 million by 2019. Europe dominated the market in 2013, and is projected to be the fastest-growing market for mushrooms between 2014 and 2019, followed by the Asia-Pacific region.

The total number of edible and medicinal fungi is over 2,300 species. Cultivated mushrooms have become popular with over 200 genera of useful macro fungi in the world. The most common ones that are produced and consumed are button mushrooms (Agaricus bisporus), shiitake mushrooms (Lentinula edodes), and oyster mushrooms (Pleurotus spp.) and accounted for nearly 76% of the global mushroom market size in 2013.

Button mushrooms were the first mushrooms to be commercially exploited on an industrial scale and hence are more popular than other types. The button mushrooms segment contributed around 36.1% to the total Mushroom Market in 2013. In the U.S. and Europe, a major contribution towards mushroom production is seen for white button mushroom. In Asian countries, the scenario is different and other species are also cultivated commercially. The global demand for shiitake mushrooms has placed its market size (volume and value) second only to that of button mushrooms. Shiitake mushrooms are specialty mushrooms and are popular in the U.S. and in Western European countries.

Mushrooms can be used fresh or preserved/processed, for instance dried, deep frozen, and canned. With a rise in income levels, the demand for mushrooms is bound to increase across all major developing nations such as India, Thailand, and Canada. China has been producing mushrooms at low costs with the help of seasonal growing, state subsidies, and capturing the potential markets such as the U.S., Germany, and France, with processed mushrooms at costs not remunerative to the growers in other mushroom producing countries.

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