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Global Mushroom Coffee Market – Industry Trends and Forecast to 2031

Food & Beverage | Upcoming Report | Feb 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Mushroom Coffee Market, By Form (Grounded, Powder), Mushroom Extract (Lion's mane, Chaga, Cordyceps, Reishi, Others), Caffeine Content (Caffeinated, Decaffeinated), Packaging (Sachets, Containers/Packets, Coffee Pods), Distribution Channel (Supermarkets/Hypermarkets, Convenience stores, Online) - Industry Trends and Forecast to 2031.


Mushroom Coffee Market Analysis and Size

The mushroom coffee market has experienced significant growth in recent years, driven by a combination of factors that make it an attractive choice for health-conscious consumers seeking a unique and innovative beverage option. The global coffee culture continues to thrive, with consumers looking for unique and premium coffee experiences. Mushroom coffee caters to this trend by offering a distinctive flavor profile and potential health benefits. It appeals to coffee enthusiasts open to exploring new and exciting coffee varieties. The market has diversified its product offerings to cater to various consumer preferences. This includes different mushroom combinations, roast levels, and flavor options. Such diversification allows brands to target a wider audience and adapt to changing consumer tastes. The growth of e-commerce has made it easier for consumers to access niche products like mushroom coffee. Online sales channels allow mushroom coffee brands to reach a global audience, overcoming geographical limitations and expanding market potential.

Data Bridge Market Research analyzes that the global mushroom coffee market was valued at USD 1,203.4 million in 2023 is expected to reach the value of USD 1,833.4 million by 2031, at a CAGR of 5.4% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Form (Grounded, Powder), Mushroom Extract (Lion's mane, Chaga, Cordyceps, Reishi, Others), Caffeine Content (Caffeinated, Decaffeinated), Packaging (Sachets, Containers/Packets, Coffee Pods), Distribution Channel (Supermarkets/Hypermarkets, Convenience stores, Online)

Countries Covered

U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa

Market Players Covered

RYZE (U.S.), Laird Superfood (U.S.), Mushroom Cups (U.K.), Real Mushrooms (Canada), Om Mushroom (U.S.), NeuRoast (U.S.), DIRTEA (U.S.), Four Sigmatic (Finland), Rheal (U.S.), Republica Superfoods (Australia), Four Sigmatic (Finland) Sollo Foods Inc. (U.S.), FUJIAN XIANZHILOU GROUP (China), and Wunderground (U.S.)

Market Opportunities

Market Definition

Mushroom coffee is a unique beverage that combines coffee with medicinal mushroom extracts, providing a unique combination of typical coffee flavor and the possible health advantages of mushrooms such as chaga, reishi, lion's mane, and cordyceps. This novel combination attempts to provide consumers with a holistic beverage that mixes the energizing elements of coffee with the alleged therapeutic virtues of specific mushroom types. Mushroom coffee is distinguished from traditional coffee blends by its smooth and creamy flavour profile.

Global Mushroom Coffee Market Dynamics

Drivers

  • Expansion of specialty coffee culture

The emergence of specialty coffee culture is a key force driving the worldwide mushroom coffee industry. As discerning consumers seek for unique and premium coffee experiences, mushroom coffee has evolved as a distinct offering in this changing cultural context. Mushroom coffee meets the desire for creative and excellent beverages by combining coffee beans with medicinal mushroom extracts. The specialty coffee industry values subtle flavor profiles and distinctive brewing processes, which align perfectly with mushroom coffee's specific features. As coffee consumers become more daring, the marriage of traditional coffee culture with the rising trend of wellness-driven products positions mushroom coffee as a desirable and differentiated option.

Opportunity

  • Product innovation

Product innovation is a potent driver propelling the market into new realms of consumer appreciation and expansion. The continuous evolution of mushroom coffee, characterized by introducing novel flavors, innovative formats like instant varieties, and strategic blends with complementary ingredients, fuels a dynamic market landscape. By embracing diverse taste profiles, the industry captures a broader audience, enticing traditional coffee enthusiasts and those seeking unique, health-conscious alternatives. Formats like instant mushroom coffee cater to modern lifestyles, ensuring convenience without compromising quality. Incorporating various mushroom strains and complementary superfoods enhances the beverage's nutritional value and aligns with evolving consumer preferences for holistic well-being. This commitment to product innovation positions mushroom coffee as a versatile and appealing choice, driving sustained growth and market prominence on a global scale.

 Restraints

  • Health concerns and changing consumer preferences

The perceived taste and aroma challenges associated with this unique beverage are a significant restraint facing the market. Traditional coffee enthusiasts, accustomed to robust flavors, may find mushroom coffee's earthy and nuanced taste less appealing, coupled with a distinctive aroma derived from mushroom extracts. Overcoming these sensory hurdles demands strategic product development and marketing efforts. Industry players must refine taste profiles, exploring blends that balance mushroom earthiness with complementary flavors. Robust marketing campaigns and educational initiatives are vital to reshaping consumer perceptions, highlighting mushroom coffee's distinctive qualities as desirable. Adapting through sensory testing and innovative flavor combinations is crucial for overcoming this challenge, ultimately broadening the consumer base and positioning mushroom coffee as a mainstream choice in the global market.

This mushroom coffee market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the mushroom coffee market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In June 2022, PsyKey debuted its functional mushroom-infused coffee range. Four functional new formulations developed are “Calm & Relaxed,” “Immune & Defend,” “Mind & Memory,” and “Reishi Gano Good”
  • In January 2022, Mushroom Keto Coffee was formally released by RYZE Superfoods, a mushroom-based superfood firm. It is a healthy coffee substitute that purportedly gives focus and energy while avoiding the side effects of caffeine, like anxiety, jitters, and poor sleep

Global Mushroom Coffee Market Scope

The mushroom coffee market is segmented on the basis of form, mushroom extract, caffeine content, packaging and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form

  • Grounded
  • Powder

Mushroom extract

  • Lion’s mane
  • Chaga
  • Cordyceps
  • Reishi
  • Others

Caffeine Content

  • Caffeinated
  • Decaffeinated

Packaging

  • Sachets
  • Containers/Packets
  • Coffee Pods

Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience stores
  • Online

Global Mushroom Coffee Market Regional Analysis/Insights

The mushroom coffee market is analyzed and market size insights and trends are provided by form, mushroom extract, caffeine content, packaging and distribution channel as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, rest of Middle East and Africa.

North America is the fastest growing and is expected to dominate the market due to the primary factor of coffee mushrooms being healthy and admiration for coffee, which helps expand the mushroom coffee market in this region. Due to the growing healthcare sector and the reach potential of mushroom coffee in North America.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Mushroom Coffee Market Share Analysis

The mushroom coffee market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to mushroom coffee market.

Some of the major players operating in the mushroom coffee market are:

  • RYZE (U.S.)
  • Laird Superfood (U.S.)
  • Mushroom Cups (U.K.)
  • Real Mushrooms (Canada)
  • Om Mushroom (U.S.)
  • NeuRoast (U.S.)
  • DIRTEA (U.S.)
  • Four Sigmatic (Finland)
  • Rheal (U.S.)
  • Republica Superfoods (Australia)
  • Four Sigmatic (Finland)
  • Sollo Foods Inc. (U.S.)
  • FUJIAN XIANZHILOU GROUP (China)
  • Wunderground (U.S.)


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