Dried Mushroom Market

Dried Mushroom Market Outlook (2022 to 2032)

The global market for dried mushrooms is anticipated to grow at a CAGR of 4.4% over the course of the estimated period, according to a report by Future Market Insights. The market is expected to be worth USD 21.8 billion in 2032 as opposed to USD 14.1 billion in 2022, according to forecasts.

Attributes	Details
The market size value in 2022	USD 14.1 Billion
Market forecast value in 2032	USD 21.8 Billion
Forecast period	2022 to 2032
Global growth rate (CAGR)	4.4%
The growth rate of China in the Dried mushroom market	5.9%

Mushrooms are porous, meaty, spongy, and fruity portions of a fungus and are classified as vegetables. Since more people are becoming aware of the nutritional and therapeutic benefits of mushrooms, there is now a market for dried mushrooms, which are ordinary or organic mushrooms that have been dehydrated without the use of preservatives.

The pleasing flavor, scent, and lack of toxic components are all indicators of a mushroom's quality. Mushrooms are growing in popularity among health-conscious consumers due to their low sodium level, lack of gluten, lack of cholesterol, lack of fat, and high nutritional value.

Historical outlook Vs Future forecasts for Dried mushroom market

According to future market insights, the dried mushroom market reached $13.6 billion in 2021 from a value of $11.7 billion in 2017, rising at a CAGR of 3.9%.

Growing consumer demand for organic food and rising health consciousness among customers are driving the expansion of the world market for dried mushrooms. The global market for dried mushrooms is being driven by the qualities of dried mushrooms, such as their natural composition, lack of added preservatives, and high vitamin D content.

The global market for dried mushrooms is being driven by macroeconomic factors such as the quick urbanization rate, rising per capita income, changing lifestyles, and expanding economy. Mergers and acquisitions between dried mushroom companies, significant investment in the food industry, and the introduction of innovative products such as mushroom spices are some of the drivers driving the global dried mushroom market.

the market for dried mushrooms is anticipated to grow at a CAGR of 4.4% over the course of the estimated period, according to a report by Future Market Insights.

Country wise insights

How Does North America lead the Dried mushroom Market?

The dried mushroom market is a USD 14.1 billion industry that is projected to grow at a compound annual rate of 4.4% through 2023, according to a report by FMI. North America is the largest market for dried mushrooms, accounting for 32.6% of the global market in 2022. The region is expected to maintain its dominance over the forecast period due to the growing popularity of mushrooms as a healthy food ingredient and the increasing demand for processed and packaged foods.

Mushrooms are a rich source of proteins, vitamins, minerals, and antioxidants and have been linked to numerous health benefits, such as reducing cholesterol levels and boosting immunity. They are also low in calories and fat-free, making them an ideal addition to weight-loss diets. The growing awareness of the health benefits of mushrooms is driving their demand in North America.

What makes Europe an Attractive Market for Dried mushrooms?

The dried mushroom market in Europe is booming and is expected to continue to grow in the coming years. There are several reasons for this, including the fact that mushrooms are a healthy and sustainable food source. Additionally, dried mushrooms have a long shelf life and are easy to transport, making them an ideal product for export.

European consumers are increasingly interested in healthy and sustainable food options, and mushrooms fit the bill perfectly. Mushrooms are a good source of protein, fiber, vitamins, and minerals, and they have a low carbon footprint. Dried mushrooms also have a longer shelf life than fresh mushrooms, so they can be shipped long distances without fear of spoilage.

With the demand for dried mushrooms rising, producers in Europe are well-positioned to capitalize on this growing market.

Why is Asia-Pacific Emerging as an Opportunistic Dried mushroom Market?

In recent years, the Asia-Pacific region has emerged as an opportunistic dried mushroom market. This is due to a number of factors, including the region's growing population and rising income levels. Additionally, the region's climate is well suited for mushroom cultivation, and there is a large demand for dried mushrooms in Asian cuisines.

As a result of these factors, the Asia-Pacific region is expected to experience significant growth in the dried mushroom market in the coming years. This growth presents a unique opportunity for suppliers and producers of dried mushrooms from around the world.

Category wise insights

How is the food and beverage Industry Supporting the Growth of the Dried mushroom Market?

The dried mushroom market is growing rapidly, and the food and beverage industry is playing a significant role in this growth. Dried mushrooms are a versatile ingredient that can be used in a variety of dishes, and their popularity is increasing among consumers who are looking for healthy and flavourful options.

The food and beverage industry has been quick to embrace the trend, with many companies now offering dried mushrooms as an ingredient in their products. This has helped to increase awareness of the benefits of dried mushrooms and has led to more people trying them.

There are numerous health benefits associated with dried mushrooms, which is one of the main reasons why they are becoming so popular. They are a good source of fiber, protein, vitamins, and minerals, and they have been shown to boost immunity, improve digestion, and promote heart health.

How is the nutraceutical Industry Supporting Growth of the Dried mushroom Market?

The nutraceutical industry is playing a big role in the growth of the dried mushroom market. Dried mushrooms are a rich source of nutrients and have a

wide range of health benefits. They are becoming increasingly popular as people are looking for ways to improve their health and well-being.

The nutraceutical industry is helping to drive the growth of the dried mushroom market by providing products that contain these healthy fungi. Nutritional supplements that include dried mushrooms as an ingredient are becoming more widely available, and this is making it easier for people to get the health benefits they want.

As the demand for dried mushrooms continues to grow, the nutraceutical industry is likely to continue playing a major role in supporting this market. This will help ensure that more people can enjoy the many benefits that these healthy fungi have to offer.

By end user, which Category will experience Maximum Dried mushroom, growth?

In the global dried mushrooms market, by end-user, the food services category is expected to generate a significant revenue share and register a CAGR of 5.8% during the forecast period. This can be attributed to the growing population and changing lifestyle of people across the globe. Moreover, an increase in disposable income and awareness about health benefits associated with mushroom consumption are other major factors driving the growth of this market segment.

However, the consumer category is expected to witness the highest growth over the forecast period. This can be attributed to the growing demand for dried mushrooms from retail stores as a result of their easy availability and longer shelf life as compared to fresh mushrooms. In addition, the wide range of applications offered by dried mushrooms such as soups, sauces, salads, pizzas, pasta, etc., is another key factor driving the growth of this market segment.

Competitive landscape

To fulfill the escalating consumer demand and keep up their dominant positions in the dried mushroom market, the majority of businesses are concentrating on innovation and new product releases.

Companies in the Dried Mushrooms market sector are always releasing new types of ingredients to fulfill shifting consumer wants and seize the largest market conceivable. In order to reach new markets, businesses are attempting to expand their distribution networks.

• These are some key players in the market
• Merchant Gourmet
• Agro Dutch Industries Ltd.
• California Mushroom Farms Inc.
• Weikfield Foods Pvt. Ltd.
• Hughes Mushroom, Drinkwater Mushrooms Ltd.
• Bonduelle,
• Banken Champignons
• The Mushroom Company
• Sun Hing Foods, Inc.
• Monaghan Mushrooms
• OKECHAMP S.A.
• Monterey Mushrooms, Inc.

In a recent analysis, FMI extensively examined the pricing tactics used by dried mushroom manufacturers that were positioned across geographical boundaries, sales growth, manufacturing capability, and speculative production development.

The complete analysis considers current changes that the FMI team has been researching and which have an effect on producers of dried mushrooms.

Dried mushroom market report scope

Attribute	Details
Forecast period	2022 to 2032
Historical data available for	2017 to 2022
Market analysis	USD million in value
Key regions covered	North America Eastern Europe Western Europe Japan South America Asian Pacific Middle east and Africa
Key countries covered	USA Germany France Italy Canada United Kingdom Spain China India Australia
Key segments covered	Product Type Distribution channel Region End-user
Key companies profiled	Merchant Gourmet Agro Dutch Industries Ltd. California Mushroom Farms Inc. Weikfield Foods Pvt. Ltd. Hughes Mushroom Drinkwater Mushrooms Ltd. Bonduelle, Banken Champignons The Mushroom Company Sun Hing Foods, Inc. Monaghan Mushrooms OKECHAMP S.A. Monterey Mushrooms, Inc.
Report Coverage	Market Forecast, Company Share Analysis Competitive Landscape Drivers, Restraints, Opportunities, and Threats Analysis Market Dynamics Challenges Strategic Growth Initiatives
Customization and Pricing	Available upon request

Dried mushroom market segmentation by category

By product Type:

• shiitake mushrooms
• button mushrooms
• oyster mushrooms
• reishi mushrooms
• milky mushrooms
• mushrooms
• winter mushrooms
• paddy straw

By Sub-Segments of Product Type:

• Regular
• Organic

By End Users:

• food service
• consumers
• food manufacturers
• cosmetic industry
• nutraceuticals

By Packaging:

• Cartons
• Boxes
• polyethylene bags

By Distribution Channel:

• supermarkets
• convenient stores
• E-commerce
• specialized stores

Frequently Asked Questions

How big is the Dried mushroom market?

The Dried mushroom market size is assessed to be USD 14.1 Billion in 2022.

At What Rate is Dried mushroom market expected to rise?

The Dried mushroom market is expected to rise at a CAGR of 4.4%.

Which are the major countries driving demand for Dried mushroom market?

USA, China, Canada, Germany, China, India, the United Kingdom, and Australia are the major countries driving demand for the Dried mushroom market.

At what rate will the China Dried mushroom market grow?

China Dried mushroom market is projected to grow at a CAGR of around 5.9% over the next ten years.

What is the market share of Germany Dried mushroom market?

The market share of Germany in the Dried mushroom market is about 25.2% of the global market.

Who are the top 5 players operating in the market?

Merchant Gourmet, Agro Dutch Industries Ltd., California Mushroom Farms Inc., Weikfield Foods Pvt. Ltd., and Hughes Mushroom are expected to be the top players driving the market growth.

What is the demand outlook forecast for the Dried mushroom market?

The global Dried mushroom market is forecasted to surpass USD 21.8 Billion by the end of 2032.