Dried Mushroom Market Analysis and Forecast to 2032: By Type (Button, Shiitake, Oyster, Other), Application (Food Service Industry, Retail, Industrial), Sales Channel (Business to Business, Business to Consumer), and Region
The global dried mushroom market was valued at USD 3.9 billion in 2022 and it is anticipated to grow further till USD 8.6 billion by 2032, at a CAGR of 8.2% during the forecast period.
Fresh, clean, and edible mushrooms are used to create dried mushrooms. Then, they are completely dried or, if trimming is needed, dried first and then styled. By using lyophilization, dried mushrooms can also be produced from frozen mushrooms; they are referred to as freeze-dried mushrooms. Although it is possible to grow fresh dried mushrooms for the European market, a major amount of the market is made up of wild dried mushrooms that are harvested from their natural habitat before drying. In general, 10 kg of fresh mushrooms are needed to produce 1 kilogramme of dried mushrooms, however, this ratio varies depending on the type of mushroom and outside factors. Mushrooms that have been dehydrated or dried are used as an ingredient in a variety of food preparations, including soup powder, pasta salads, snack seasonings, stuffing, casseroles, meat meals, and rice and meat dishes.
Global Dried Mushroom Market Scope and Report Structure
Market Driver and Trends
Macroeconomic factors including the rapid urbanisation rate, rising per capita income, shifting lifestyles, and growing economy are what are driving the global market for dried mushrooms. Some of the factors propelling the global dried mushroom market include mergers and acquisitions among dried mushroom companies, large investments in the food sector, and the development of novel products like mushroom spices.
Market Restraints and Challenges
As a result, the aforementioned factors are probably going to cause fresh mushroom production to decline, which will make it harder to create dried mushrooms. Additionally, the limited availability of dried mushroom products for retail sales and low consumer awareness of the advantages of dried mushrooms are anticipated to constrain the growth of the dried mushroom market during the course of the projected year.
Global Dried Mushroom Market Segmental Overview
The global dried mushroom market is segmented into type, application, sales channel, and region.
Global Dried Mushroom Market by Type
Based on the type, it is segmented into the button, shiitake, oyster, and other. The button segment is anticipated to dominate the market during the forecast period. Similarly, the shiitake segment is anticipated to witness the fastest growth during the forecast period.
Global Dried Mushroom Market by Application
Based on the application, it is segmented into the food service industry, retail, and industrial. The food service industry is anticipated to dominate the market during the forecast period. Likewise, the retail segment is anticipated to witness the fastest growth during the forecast period.
Global Dried Mushroom Market by Sales Channel
Based on the sales channel, it is segmented into business-to-business, and business-to-consumer. The business-to-business segment is anticipated to dominate the market during the forecast period. Similarly, the business-to-consumer segment is likely to witness the fastest growth during the forecast period.
Geographical Analysis of the Global Dried Mushroom Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.
Major Players in the Global Dried Mushroom Market
The key players studied in the report are Monterey Mushrooms, LLC, Banken Champignons Group, Sun Hing Foods, Inc., Fresh Mushroom Europe, Borde, Monaghan Group, Sabarot Wassner, Weikfield Foods Pvt. Ltd., White Prince Mushrooms, Sapna Foods, Inc., Roland Foods, LLC, Hughes Mushrooms, Merchant Gourmet, Renaud Champignons, Ann Miller's Speciality Mushrooms Ltd. among others.
COVID-19 Impact
The COVID-19 pandemic epidemic has had a negative impact on the dried mushroom business. Retail sales of dried mushrooms suffered as a result of the restrictions placed on people's ability to leave their homes in order to prevent the spread of infections. In order to stop the coronavirus from spreading, food processing facilities cut their output and staff levels, which had a substantial impact on the production of dried mushrooms. Additionally, during the COVID-19 period, the worldwide dried mushroom sector was significantly influenced by the stagnant export and import activity, the closure of hotels, restaurants, and fast food outlets, which are thought to be the top dried mushroom end users.
Frequently Asked Questions
Q1. How big is the Dried Mushroom market?
Ans. The global Dried Mushroom market size was USD 3.9 billion in 2022 and it is anticipated to grow further till USD 8.6 billion by 2032, at a CAGR of 8.2% from 2023 to 2032.
Q2. What is the Dried Mushroom market growth rate?
Ans. The growth rate of the Dried Mushroom market is 8.2%.
Q3. Which region holds a major market share for the Dried Mushroom market?
Ans. North America holds a major market share of the Dried Mushroom market in 2022.
Q4. Which segment accounted for the largest Dried Mushroom market share?
Ans. By application, food service industry segment accounted for the largest Dried Mushroom market share.
Q5. Who are the key players in the Dried Mushroom market?
Ans. The global Dried Mushroom market report includes players such as Monterey Mushrooms, LLC, Banken Champignons Group, Sun Hing Foods, Inc., Fresh Mushroom Europe, Borde, Monaghan Group, Sabarot Wassner, Weikfield Foods Pvt. Ltd., White Prince Mushrooms, Sapna Foods, Inc., Roland Foods, LLC, Hughes Mushrooms, Merchant Gourmet, Renaud Champignons, Ann Miller's Speciality Mushrooms Ltd. among others.
Q6. What are the factors driving the Dried Mushroom market growth?
Ans. The major factors driving the growth of the market are the growing market in emerging countries.
Q7. What are the key growth strategies of Dried Mushroom market players?
Ans. The key growth strategies of Dried Mushroom market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the Dried Mushroom market during the forecast period?
Ans. The Asia-Pacific region will provide more business opportunities for the Dried Mushroom market during the forecast period.
Please Note: This report will be delivered by publisher within 3-4 business days of order confirmation.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook