Global White Mushroom Market - 2023-2030

Global White Mushroom Market - 2023-2030

Global White Mushroom Market reached US$ 8.4 billion in 2022 and is expected to reach US$ 13.1 billion by 2030 growing with a CAGR of 5.8% during the forecast period 2023-2030. One prominent trend in the white mushroom market is the increasing demand for organic and locally sourced mushrooms. For instance, many farmers' markets and grocery stores now offer a wide range of locally grown organic white mushrooms.

The white mushroom market is a thriving sector within the global mushroom industry, driven by consumer demand for its mild flavor and culinary versatility. White mushrooms, including popular varieties like button mushrooms, are widely consumed and cultivated worldwide. Continuous innovation, sustainability practices, and increasing consumer awareness of the nutritional benefits contribute to the growth and expansion of the white mushroom market.

One driver accelerating the growth of the white mushroom market is the increasing consumer focus on health and wellness. As people become more health-conscious, they seek out nutrient-rich foods that offer various health benefits. According to the University of Pittsburgh Medical Center (UPMC), white mushroom benefits include helping your bones by boosting your copper and phosphorus intake.

Market Dynamics
The Growing Popularity of Plant-Based Diets Boosts White Mushroom Market Share and Trend
The rise in plant-based diets fuels the expansion of the white mushroom market. As more people embrace plant-based lifestyles, white mushrooms, especially button mushrooms (Agaricus bisporus), become an essential ingredient, serving as a meat alternative and enhancing the flavors of plant-based dishes. With their pleasing texture, umami taste, and nutritional benefits, white mushrooms are favored in plant-based meals.

This trend drives the growth of the white mushroom market share, reflecting the increasing demand for plant-based options and the versatility of these mushrooms in meeting consumers' dietary preferences. Additionally, the white mushroom market trend is shaped by the growing emphasis on plant-based diets, leading to innovation in mushroom-based products and culinary applications.

Sustainable Farming Practices and Consumer Focus on Environmental Impact Drive White Mushroom Market Share
White mushrooms, particularly button mushrooms (Agaricus bisporus), hold a significant market share due to the adoption of sustainable farming practices and the consumer focus on environmental impact. Mushroom farming is known for its relatively low environmental footprint, as mushrooms can be cultivated in controlled environments and utilize agricultural byproducts as growing mediums.

This driver contributes to the growth of the white mushroom market share, as consumers seek out sustainable food choices. The environmental consciousness of consumers drives their preference for white mushrooms, which are perceived as an eco-friendly option. The white mushroom market trend aligns with this driver, reflecting the increasing consumer demand for sustainable and environmentally responsible food products.

Challenges of Disease and Pest Susceptibility Impede White Mushroom Market Growth
One notable restraint faced by the white mushroom market is the vulnerability to diseases and pests, which can impact production and quality. The white mushroom market faces a notable restraint due to susceptibility to diseases and pests, resulting in cultivation hindrances and yield reduction. Growers encounter challenges such as fungal infections, bacterial diseases, and insect infestations that contribute to crop losses and higher production costs.

Additionally, the need for strict hygiene protocols and pest management practices adds complexity to the cultivation process. Overcoming these challenges requires continuous research, advanced disease management techniques, and investment in preventive measures. Despite these restraints, the white mushroom market continues to evolve as growers strive to mitigate the risks and ensure a consistent supply of high-quality mushrooms to meet consumer demand.

COVID-19 Impact Analysis
The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis
The global white mushroom market has been segmented by form, branding, application, end user, and region.

Growing Demand for Processed White Mushrooms Drives Significant Market Share in the White Mushroom Industry
The global white mushroom market has been segmented by form into fresh mushrooms and processed mushrooms.

The processed mushroom segment holds a prominent position in the white mushroom market, representing the second largest segment. With an estimated segment share of approximately 40%, the processed mushroom category has gained significant traction among consumers. Processed white mushrooms undergo various preservation methods such as canning, drying, or pickling, extending their shelf life and offering convenience to consumers.

This segment's growth is driven by factors such as increased demand for processed food products, busy lifestyles, and the preference for ready-to-use ingredients. The white mushroom market size benefits from the substantial market share of processed mushrooms, reflecting the growing consumer preference for processed mushroom products that cater to their convenience and culinary needs.

Geographical Analysis
Diverse Mushroom Varieties and Sustainable Practices Drive Europe's Thriving White Mushroom Market
By region, the white mushroom market is segmented into North America, South America, Europe, Asia-Pacific, and Middle-east and Africa.

Europe's white mushroom market thrives with a diverse range of mushroom varieties, advanced mushroom farming practices, and robust mushroom production techniques. Cultivated mushrooms, including white mushrooms, hold a significant position in meeting the culinary and consumer demands across the region. The market benefits from Europe's rich mushroom species, such as buttons, oysters, and shiitake mushrooms, cultivated through efficient farming methods.

Moreover, there is a growing awareness of white mushrooms' nutritional value, characterized by their low-calorie content and high nutrient profile. European consumers embrace white mushrooms for their vitamins, minerals, and antioxidant properties. The market's growth is fueled by continuous innovation, sustainable approaches, and a commitment to quality, ensuring a steady supply of high-quality white mushrooms to satisfy the evolving needs of European consumers.

Competitive Landscape
The major global players in the market include Basciani Foods, CMP Mushrooms, Costa Group, Drinkwater Mushrooms Ltd., Eurochamp, Fujian Yuxing, Greenyard, Guan's Mushroom, Highline Mushrooms, and Metolius Valley Inc.

Why Purchase the Report?
• To visualize the global white mushroom market segmentation based on form, branding, application, end user, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of white mushroom market-level with all segments.
• The PDF report consists of a cogently put-together market analysis after exhaustive qualitative interviews and an in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.
The global white mushroom market report would provide approximately 69 tables, 65 figures, and 190 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies