The shiitake mushroom market showcases distinctive features, with fresh mushrooms emerging as the dominating segment. These gourmet mushrooms are renowned for their rich flavor and versatility in culinary applications. Their umami taste and numerous health benefits, such as immune system support and cholesterol management, drive their popularity. Shiitake's adaptability in both traditional and contemporary cuisines, along with their availability in various forms, positions fresh mushrooms as the leading segment, catering to the culinary and health-conscious demands of consumers worldwide.
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Data Bridge Market Research analyses that the Global Shiitake Mushroom Market is growing with a CAGR of 8.7% in the forecast period of 2022 to 2029. The market was valued at USD 1,173.46 million in 2021 and is expected to reach USD 2,287.21 million by 2029. Shiitake mushroom cultivation often employs eco-friendly practices such as using sustainable substrates and reducing waste, aligning with the global sustainability movement. This environmentally conscious approach resonates with consumers seeking products that minimize ecological impact.
Key Findings of the Study
Gourmet food trends are expected to drive the market's growth rate
The rising demand for gourmet and specialty ingredients has elevated the allure of shiitake mushrooms. Known for their rich umami flavor and unique texture, shiitakes are a prized choice in upscale and gourmet culinary creations. Their ability to impart depth and complexity to dishes makes them a preferred ingredient in fine dining and artisanal food products. As consumers increasingly seek elevated gastronomic experiences, shiitake mushrooms have gained popularity for adding sophistication and unique flavor profiles to various culinary endeavors.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Banken Champignons B.V. (Netherlands), Giorgio Fresh Co. (U.S.), Monterey Mushrooms, Inc. (U.S.), Meadow Mushrooms (New Zealand), Fujishukin CO., LTD. (Japan), Wuling (Fuzhou) Biotechnology Co., Ltd. (China), Shandong Qihe Bio Technology Co., Ltd. (China), Lianfeng (Suizhou) Food Co., Ltd. (China), Hirano Mushroom LLC (U.S.), Mycopolitan Mushroom Company LLC (U.S.), MycoMedica d.o.o. (Slovenia), Fungo Netherlands B.V. (Netherlands)
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Data Points Covered in the Report
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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.
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Segment Analysis:
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.
- On the basis of type, the shiitake mushroom market is divided into wild type and cultivated type. In 2022, the cultivated type segment is expected to lead the global shiitake mushroom market and grow with the highest CAGR of 8.8% in the forecast period of 2022 to 2029. This dominance is attributed to cultivated shiitake mushrooms' convenience and cost-effective production for manufacturers.
In 2022, the cultivated type segment of type segment is expected to lead the global shiitake mushroom market
In 2022, the cultivated type segment is expected to lead the global shiitake mushroom market and grow with the highest CAGR of 8.8% in the forecast period of 2022 to 2029. This dominance is attributed to cultivated shiitake mushrooms' convenience and cost-effective production for manufacturers. Their controlled cultivation environments make them more readily available and economically viable compared to wild-harvested varieties, meeting the growing demand for this popular mushroom.
- On the basis of category, the shiitake mushroom market is divided into organic and inorganic. In 2022, the inorganic segment is poised to be the dominant force in the global shiitake mushroom market and grow with the highest CAGR of 8.5% in the forecast period of 2022 to 2029. This is primarily because inorganic cultivation methods offer convenience and cost-efficiency to manufacturers
In 2022, the inorganic segment of the category segment is expected to lead the global shiitake mushroom market
In 2022, the inorganic segment is poised to be the dominant force in the global shiitake mushroom market and grow with the highest CAGR of 8.5% in the forecast period of 2022 to 2029. This is primarily because inorganic cultivation methods offer convenience and cost-efficiency to manufacturers. Controlled, non-organic practices streamline production, making shiitake mushrooms more readily available and affordable, meeting the market's growing demand.
- On the basis of cultivation method, the shiitake mushroom market is divided into log cultivation and bed cultivation. In 2022, the bed cultivation segment is expected to lead the global shiitake mushroom market and grow with the highest CAGR of 7.2% in the forecast period of 2022 to 2029. This dominance is attributed to its shorter production time and the ability to cultivate shiitake mushrooms year-round, ensuring a consistent and efficient supply to meet market demands.
- On the basis of product type, the shiitake mushroom market is divided into fresh and processed. In 2022, the fresh segment is poised to dominate the global shiitake mushroom market and grow with the highest CAGR of 9.1% in the forecast period of 2022 to 2029, primarily due to its convenience and versatile usage across various sectors. Fresh shiitake mushrooms offer consumers and industries a convenient and adaptable ingredient for culinary, medicinal, and other applications.
- On the basis of form, the shiitake mushroom market is divided into whole/flower and parts. In 2022, the whole/flower segment is set to lead the global shiitake mushroom market and grow with the highest CAGR of 9.4% in the forecast period of 2022 to 2029. The dominance arises from the widespread availability of these products, as numerous manufacturers offer them. This accessibility ensures a steady supply and makes them a popular choice among consumers.
- On the basis of packaging type, the shiitake mushroom market is divided into canned, plastic bags, tray, and others. In 2022, the tray segment is projected to dominate the shiitake mushroom market and grow with the highest CAGR of 9.5% in the forecast period of 2022 to 2029. This dominance is attributed to the convenience and packaging efficiency offered by trays, which make shiitake mushrooms easily accessible and visually appealing to consumers.
- On the basis of end user, the shiitake mushroom market is divided into food service providers, household, and others.
- In 2022, the household segment is expected to lead the global shiitake mushroom market, fueled by rising consumer awareness of the numerous health benefits associated with shiitake mushrooms and grow with the highest CAGR of 8.3% in the forecast period of 2022 to 2029. This awareness drives increased demand for these mushrooms for personal culinary and dietary use at home.
- On the basis of distribution channel, the shiitake mushroom market is divided into store based retailer and online based retailer. In 2022, the online-based retailer segment is expected to dominate the shiitake mushroom market and grow with the highest CAGR of 10% in the forecast period of 2022 to 2029. This trend reflects the growing consumer preference for online shopping, offering a wide range of shiitake mushroom products with convenience and accessibility at their fingertips.
Major Players
Data Bridge Market Research recognizes the following companies as global shiitake mushroom market players in global shiitake mushroom market are Banken Champignons B.V. (Netherlands), Giorgio Fresh Co. (U.S.), Monterey Mushrooms, Inc. (U.S.), Meadow Mushrooms (New Zealand), Fujishukin CO., LTD. (Japan), Wuling (Fuzhou) Biotechnology Co., Ltd. (China).
Market Developments
- In December 2020, plant-based start-up Eat the Change unveiled an innovative product: organic mushroom jerky crafted from organic shiitake mushrooms. This novel offering hit retail shelves in January 2022, providing consumers with a delicious and sustainable snack option. The jerky's introduction marked a significant step towards expanding plant-based food choices, offering a flavorful alternative for those seeking eco-friendly and healthy snack options.
- In February 2020, Monterey Mushrooms introduced an exciting new product featuring organic full-spectrum and Mycelium Plus mushroom powder. This innovative offering harnessed the nutritional benefits of mushrooms, providing consumers with a convenient and versatile way to incorporate these healthful ingredients into their diet. The inclusion of both full-spectrum and Mycelium Plus components showcased Monterey Mushrooms' commitment to delivering high-quality mushroom-based products for improved wellness and culinary creativity.
Regional Analysis
Geographically, the countries covered in the global shiitake mushroom market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the global shiitake mushroom market during the forecast period 2022 - 2029
In 2022, in North America, the U.S. will take the lead in the shiitake mushroom market. This dominance is propelled by a rising consumer preference for convenient foods, often packaged in compact and practical formats. Shiitake mushrooms, known for their versatility and umami flavor, are increasingly incorporated into various convenient food products, meeting the demand for both flavor and nutrition. This trend positions the U.S. as a key player in the North American shiitake mushroom market.
Asia-Pacific is expected to dominate the global shiitake mushroom market in the forecast period 2022 - 2029
In Europe, Germany is expected to dominate the global shiitake mushroom market. This dominance is fueled by a growing consumer awareness of the myriad health benefits associated with shiitake mushrooms. As consumers prioritize health and wellness, the demand for these nutrient-rich mushrooms has surged. Germany's proactive response to this trend, with a thriving market for shiitake products and supplements, positions the country at the forefront of the European shiitake mushroom market.
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