Asia Pacific market was valued at USD 2.49 billion in 2021 and is expected to reach USD 3.82 billion by 2027, With an 8.95% CAGR
Asia Pacific Button Mushrooms market Overview
Mushroom is a fleshy fungus that is parasitic in nature i.e. they are dependent on other plants for the food source. Mushrooms can be cultivated with low cost and lowland, therefore the majority of manufacturers are turning towards mushroom cultivation. The mushrooms market is likely to experience tremendous growth over the years owing to the rise in the food and medical industry. They are two types of edible and toxic mushrooms. Mushrooms are considered good for health; as they contain negligible sodium and gluten content.
Mushroom contains proteins with low cholesterol and low-fat content. The market is mainly driven by increasing demand from the food industry. The surging use of mushrooms as ingredients in various food products fuels the market growth. Consumption of organic food is increasing dramatically in almost all developed and developing countries. Growing awareness among consumers regarding health, diet, and nutrition has increased interest in organic food products, including canned organic fruit and vegetables. However, strict regulations for the processing of mushrooms led by the FDA due to the presence of various harmful mushroom species may impede the growth of the market. Moreover, the low shelf life of mushrooms is the other factor impacting on the growth of the mushroom market. Nonetheless, growing demand for mushrooms and escalating food chains, and emerging food markets is likely to open a new avenue for the mushroom market in the near future. Furthermore, growing awareness among people about button mushrooms is expected to show high consumption in the future.
Asia Pacific Button Mushrooms market Segmentation
The Asia Pacific Button Mushrooms market is segmented on the basis of Product.
On the basis of the product
Both fresh and processed mushrooms are used in the food industry for the production of several food products. The fresh mushroom held the largest share of the market due to the increased production of the food industry in developing countries. Fresh mushroom dominated the Asia Pacific button mushroom market in terms of revenue. The processed mushroom sub-segment is anticipated to register the highest growth in the coming years owing to increasing demand for dried, frozen, canned, mushroom powder, and mushroom sauces.
Mushroom is very popular in Asian countries. Thus, Asia Pacific is likely to gain attraction in the coming years.
Bonduelle Fresh Europe
Costa Pvt Ltd
Drinkwater’s Button Mushrooms Limited
Monaghan Button Mushrooms Ireland
Monterey Button Mushrooms Inc.
Lutece Holdings B.V.
The Button Mushroom Company.
Shanghai Finc Bio-Tech Inc.
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