Global Shiitake Mushroom Market, By Type (Wild Type and Cultivated Type), Category (Organic and Inorganic), Cultivation Method (Log Cultivation and Bed Cultivation), Product Type (Fresh and Processed), Form (Whole/Flower, Parts), Packaging Type (Canned, Plastic Bags, Tray and Others), End User (Food Service Providers, Household, Others), Distribution Channel (Store Based Retailer and Online Based Retailer), Country (U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Italy, Russia, Switzerland, Poland, Belgium, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Kuwait and Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Shiitake Mushroom Market
Shiitake mushroom market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.7% in the forecast period of 2022 to 2029 and is expected to reach USD 2,287.21 million by 2029.
High demand of the shiitake mushroom and the emerging economy is accelerating the growth of the market. The shiitake mushroom market is growing tremendously in the world. As shiitake are a preferred meat alternative among vegan communities, they have been growing in the global market. From bacon, pork, burger, jerky and others, the manufacturers have launched various meat alternatives in the market that are made from shiitake.
Due to various health benefits of these mushrooms such as fewer calories and less fat and with increase in various health issues, shiitake mushroom have become a popular choice in the minds of the consumers and thus increasing the demand of shiitake mushroom in the global market. Due to these reasons, the demand will furthermore increase in the coming years. Thus, to meet the demand of shiitake mushroom, many companies are launching new products across the regions.
Shiitake mushroom are a type of edible fungi that are nutrient dense and have various health benefits. Shiitake mushrooms are native of East Asia and majorly found in countries such as the U.S., Japan and China. Shiitake is a specialty or exotic mushroom which is cultivated by two methods: log cultivation and bed cultivation, among this, majority of growers prefer bed cultivation as it has shorter production time and can be done any time of the year. This mushroom type has many health benefits such as low calorie and high protein and also benefits the consumer health with boosting immunity and lowering the risk of heart diseases and cancer.
Thus, many manufacturers use the mushroom in functional or fortified food, dietary supplements and pharmaceutical. In addition, because of their meaty texture and umami flavor, these mushrooms are often used as meat alternatives and are well known among the vegan communities. Moreover, due to their beneficial composition, shiitake are also used in cosmetic industry as well. Thus, with so many applications and benefits, the shiitake will continue to grow.
This shiitake mushroom market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Shiitake Mushroom Market Scope and Market Size
The shiitake mushroom market is segmented into eight notable segments on the basis of the type, category, cultivation method, product type, form, packaging type, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the shiitake mushroom market is divided into wild type and cultivated type. In 2022, cultivated type segment is anticipated to dominate the global shiitake mushroom market due to their convenience and economical production cost to the manufacturers.
- On the basis of category, the shiitake mushroom market is divided into organic and inorganic. In 2022, inorganic segment is anticipated to dominate the global shiitake mushroom market due to their convenience and economical production cost to the manufacturers.
- On the basis of cultivation method, the shiitake mushroom market is divided into log cultivation and bed cultivation. In 2022, bed cultivation segment is anticipated to dominate the global shiitake mushroom market due to their shorter production time and cultivation that can be done throughout the year.
- On the basis of product type, the shiitake mushroom market is divided into fresh and processed. fresh segment is anticipated to dominate the global shiitake mushroom market due to their convenience and wide usage across several sectors.
- On the basis of form, the shiitake mushroom market is divided into whole/flower and parts. In 2022, whole/flower segment is anticipated to dominate the global shiitake mushroom market a lot of manufacturers provide these products, thus are easily available in the market.
- On the basis of packaging type, the shiitake mushroom market is divided into canned, plastic bags, tray and others. In 2022, plastic bags segment is anticipated to dominate the global shiitake mushroom market due to the growing demand for convenient food in small and practical packaging.
- On the basis of end user, the shiitake mushroom market is divided into food service providers, household and others. In 2022, household segment is anticipated to dominate the global shiitake mushroom market due to growing awareness of consumers for various health benefits of shiitake mushrooms.
- On the basis of distribution channel, the shiitake mushroom market is divided into store based retailer and online based retailer. In 2022, store based retailer segment will dominate the shiitake mushroom market for their vast spread network and their easy availability in every corner of the country.
Shiitake Mushroom Market Country Level Analysis
The shiitake mushroom market is analysed and market size information is provided by type, category, cultivation method, product type, form, packaging type, end user and distribution channel.
The countries covered in the Shiitake mushroom market report are U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Italy, Russia, Switzerland, Poland, Belgium, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Kuwait and Rest of Middle East and Africa.
China in Asia-Pacific region is growing with the highest CAGR due to the emerging opportunities in vegetarian food and higher production and consumption of processed food due to the consumer’s preference have boosted the market. The U.S. in the North America is dominating due to the growing demand for convenient food in small and practical packaging. Germany in Europe is dominating the market due to growing awareness of consumers for various health benefits of shiitake mushrooms.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Business Expansion for future Growth is an Opportunity for the Shiitake Mushroom Market is Creating New Opportunities for Players in the Shiitake Mushroom Market
Shiitake mushroom market also provides you with detailed market analysis for every country growth in particular industry with shiitake mushroom sales, impact of business expansion in the Shiitake mushroom and changes in regulatory scenarios with their support for the Shiitake mushroom market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Shiitake Mushroom Market Share Analysis
Shiitake mushroom 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, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and source lifeline curve. The above data points provided are only related to the company’s focus related to shiitake mushroom market.
The major players covered in the report are Banken Champignons B.V., Giorgio Fresh Co., Monterey Mushrooms, Inc., Meadow Mushrooms, Fujishukin CO.,LTD., Wuling (Fuzhou) Biotechnology Co., Ltd., Shandong Qihe Bio Technology Co., Ltd., Lianfeng (Suizhou) Food Co., Ltd., Hirano Mushroom LLC, mycopolitan mushroom company llc, MycoMedica d.o.o., Fungo Netherlands B.V., among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately. Many product launch and agreement are also initiated by the companies’ worldwide which are also accelerating the Shiitake mushroom market.
- In December 2020, Eat the Change, a plant-based start-up has launched organic mushroom jerky, made from organic shiitake mushrooms. The product was made available in retail stores from January 2022.
Exhibition, partnership, joint ventures and other strategies by the market player is enhancing the company market in the shiitake mushroom market which also provides the benefit for organisation to improve their offering for shiitake mushroom.
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