White Mushroom Global White Mushroom Market reached USD 8.4 billion in 2022 and is expected to reach USD 13.1 billion by 2030 growing with a CAGR of 5.8% during the forecast period 2024-2031. White mushrooms are low in calories and sugar. They are also high in protein and vitamin D, and they’re a source of vitamin B12. As such, they are considered beneficial for those following plant-based diets.
The white mushroom market is thriving globally, driven by increasing consumer awareness and demand for their nutritional benefits. White mushrooms, with their mild flavor and culinary versatility, are popular in various cuisines. Both large-scale commercial producers and local growers contribute to the market's growth. The market is poised for continued expansion, driven by consumer demand and recognition of white mushrooms' culinary and nutritional value.
Although more than 2000 varieties of mushrooms are edible, approximately 90% of mushrooms consumed in the United States consist of white button mushrooms. For instance, According to the US Department of Agriculture (USDA), and the National Agricultural Statistics Service, fresh white mushrooms per capita consumption is slightly less than 3 pounds per year.
White Mushroom Market Dynamics
White Mushrooms Market Driven by Growing Demand and Health-Conscious Consumer Trends
White mushrooms mesmerize health-conscious individuals with their intriguing combination of outstanding nutrition and a wide array of medicinal properties. Despite their remarkably low-calorie content, these fungi burst with an abundance of health benefits, including the potential to enhance heart health and offer cancer-fighting properties. Brimming with essential nutrients, white mushrooms become an indispensable component of any well-rounded diet.
White mushrooms hold an enigmatic mix of nutrients within a mere cup (96 grams). With 21 calories, 3 grams of carbs, 1 gram of fiber, and 3 grams of protein, 33% DV of vitamin D, 16% DV of selenium, 12% DV of phosphorus, and 4% DV of folate. These captivating mushrooms mystify with their nourishment, offering bursts of vitality in every delicate bite.
Culinary Diversity and Exotic Flavors Drive Growing Demand for White Mushrooms in the Market
The white mushroom market trend is being driven by the increasing culinary diversity and growing demand for exotic flavors. With a growing sense of culinary exploration, consumers are embracing new and distinctive flavors in their meals. White mushrooms, known for their adaptable and subtle taste, present an ideal medium for innovative culinary ventures.
Both professional chefs and home cooks are embracing white mushrooms in various gastronomic styles, spanning Italian, Asian, fusion, and plant-based recipes. These versatile fungi have found their place in the diverse world of cuisine, offering endless possibilities for experimentation. The increasing demand for white mushrooms reflects the evolving preferences of adventurous eaters seeking unique and captivating flavors in their dishes.
This culinary trend is fueling the demand for white mushrooms, leading to an expansion of the market share and size. White mushrooms' ability to enhance flavors, textures, and cooking techniques drives their popularity in the culinary landscape. This leads to positive growth in the white mushroom market, fueled by the increasing desire for culinary diversity and exotic flavors.
Seasonal Fluctuations Pose Restraints to White Mushroom Market Growth
One notable restraint faced by the white mushroom market is the impact of seasonality on its growth. White mushrooms are primarily grown in controlled environments, but their production can be affected by seasonal variations in temperature and weather conditions. This seasonal fluctuation can result in supply constraints and affect market availability.
During periods of lower supply, the market may experience increased prices, limited options, and reduced market share. However, advancements in technology and cultivation techniques are gradually mitigating this restraint by allowing for year-round production of white mushrooms, thus reducing the impact of seasonality and supporting the overall growth of the market.
White Mushroom Market Segment Analysis
The global white mushroom market is segmented based on form, branding, application, and region.
Fresh Mushroom Dominates the White Mushroom Market With High Demand and Versatile Culinary Appeal
The global white mushroom market has been segmented by form into fresh mushrooms and processed mushrooms.
The fresh mushroom segment holds a 60% market share and experiences high demand in the white mushroom market. Among fresh mushrooms, the variety that drives this demand is Agaricus bisporus, commonly known as the button mushroom. Button mushrooms are highly sought after as edible, cultivated mushrooms with a mild flavor and versatile culinary applications.
White button mushrooms represent about 90% of the mushrooms consumed in the United States. Button mushrooms are favored for their low-calorie content, high protein content, and various health benefits. As edible mushrooms, they are widely cultivated and consumed for their appealing taste and culinary versatility. The popularity of button mushrooms in various dishes, including salads, stir-fries, and soups, drives the demand within the fresh mushroom segment of the white mushroom market.
Global White Mushroom Market Geographical Share
Asia-Pacific Dominates White Mushroom Market with Unpredictable Growth and Lucrative Opportunities
The Asia-Pacific region dominates the white mushroom market with its intricate and unpredictable nature. Benefiting from diverse mushroom varieties and favorable climates, it thrives as a hub for fresh mushroom production and mushroom farming. Cultivation spans button, oyster, and shiitake mushrooms. Growing demand, advanced farming techniques, and heightened awareness of mushroom nutrition drive industry growth.
White mushrooms command a substantial market share, popular in both culinary and medicinal uses. The region's buoyant white mushroom market size presents abundant opportunities for producers and suppliers to meet escalating demand. Within this market, characterized by intricate patterns and occasional surges, the Asia-Pacific region showcases its prominent position.
White Mushroom Companies
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.
COVID-19 Impact on White Mushroom Market
Global Recession/Ukraine-Russia War/COVID-19, and Artificial Intelligence Impact Analysis:
Covid-19 Impact:
The COVID-19 pandemic has had a significant impact on the white mushroom market. With widespread lockdowns and restrictions on movement, the demand for white mushrooms experienced a decline as restaurants, hotels, and other food service establishments faced closures or reduced operations. Additionally, disruptions in the global supply chain and transportation further affected the availability of white mushrooms.
However, as consumers shifted towards healthier and immunity-boosting foods during the pandemic, there was a partial compensatory increase in retail sales. Overall, the white mushroom market faced challenges due to the pandemic, but the changing consumer preferences offered some opportunities for recovery and adaptation.
Key Developments
• On June 29, 2022, Instar Asset Management Inc. acquired Greenwood Mushrooms Development Corp., in partnership with Greenwood Management from Novacap. Instar’s investment will support the further expansion of Greenwood’s facilities to meet growing customer demand. Greenwood Mushrooms Development Corp., based in Ashburn, Ontario, is a premier controlled environment agricultural producer of mushrooms.
• On January 5th, 2021, South Mill Champs, one of the largest high-quality mushroom growers in North America, acquired The Mushroom Company based in Cambridge, MD. The Mushroom Company is one of North America’s largest mushroom processors.
• On August 04, 2022, South Mill Champs, one of the largest high-quality mushroom growers in North America, announced that it has entered into an equity partnership with G&K Distributing, a produce wholesaler in Los Angeles County, California. The partnership will result in expanded warehousing capabilities, as well as an extension of products and services that it can offer to its customers in the Southern California market.
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
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