Global Functional Mushroom Market (2021 to 2026) - Growth, Trends, COVID-19 Impact, and Forecasts - ResearchAndMarkets.com

As a result, people are gradually moving toward functional foods and beverages that are promoted as being beneficial beyond basic nutrition.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, May 17, 2021
Information
Tags: 
Food, Beverage, Retail, Fungi, Edible fungi, Entheogens, Psychoactive fungi, Non-timber forest products, Edible mushroom, Vegan cuisine, Food, Truffle, Mushroom
Geotags: 
CHINA, ASIAN, TURKEY
⚠generated by AI ↴
Summary
Key Points: 
  • As a result, people are gradually moving toward functional foods and beverages that are promoted as being beneficial beyond basic nutrition.
  • These products are purported to provide optimal nutrition and reduce the risk of disease occurrence.\nFunctional foods are gaining high popularity among health-conscious consumers.
  • The country engages in the production of mushrooms and truffles to meet the large external and internal market demands.
  • techniques of medicinal mushroom and increasing demand for exotic mushroom varieties, the market for functional mushrooms in the region is expected to witness significant growth in the coming years.\n"


The "Functional Mushroom Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global functional mushroom market was valued at USD 25,415.12 million in 2020, and it is estimated to register a CAGR of 8.44% during the forecast period 2021-2026.

Companies Mentioned

  • NAMMEX
  • Hirano Mushroom LLC
  • Mitoku Company Ltd
  • Lianfeng (Suizhou) Food Co. Ltd
  • Monterey Mushrooms Inc.
  • M2 Ingredients
  • Fresh Mushroom Europe NV
  • Mycotrition GmbH
  • Hokkaido Reishi Co. Ltd
  • Verhoeckx Paddenstoelen BV

Key Market Trends

Surge in Demand for Functional Food and Dietary Supplements

There has been a considerable shift in the lifestyles and diet habits of consumers over the past two decades. Urbanization and consumerism drove this shift, leading to a rapid rise in the consumption of synthetic food products, resulting in an increased incidence of lifestyle diseases. Thus, people are becoming aware of these problems. As a result, people are gradually moving toward functional foods and beverages that are promoted as being beneficial beyond basic nutrition. These products are purported to provide optimal nutrition and reduce the risk of disease occurrence.

Functional foods are gaining high popularity among health-conscious consumers. During the forecasted period, the demand for medicinal mushrooms is expected to increase significantly, as these mushrooms are being incorporated in various functional food and beverages. Reishi, chaga, and Turkey tails are added with coffee and cocoa. Turkey tails are mild enough to be added to soups and broths as well. Maitake and Shiitake are delicious, simply sauteed with garlic. Furthermore, the companies are incorporating functional mushrooms in the product offerings. For instance: Four Sigmatic incorporated medicinal mushrooms in its coffee, tea, and supplement categories. Similarly, Lifehouse Tonics introduced beverages that include mushrooms as a key ingredient.

Asia Pacific Holds the Largest Market Share

In the Asian region, China is the largest producer of mushrooms, globally. The country engages in the production of mushrooms and truffles to meet the large external and internal market demands. With the growing income levels of urban and rural Chinese consumers and with the transformation of comprehensive health awareness and consumption concept, consumers across the market are placing more importance on safety, nutrition, and consumption of healthy food with certain medical benefits. The rapid development of the catering industry stimulates the growth of mushrooms in the respective market.

Catering channels are one of the crucial channels for mushroom marketing where the staff is continuously working to ensure the standard on food safety, strengthening the consciousness on raw materials' safety, and environmental protection. techniques of medicinal mushroom and increasing demand for exotic mushroom varieties, the market for functional mushrooms in the region is expected to witness significant growth in the coming years.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.3 Market Restraints

4.4 Porters Five Force Analysis

5 MARKET SEGMENTATION

5.1 Product Type

5.1.1 Reishi

5.1.2 Cordyceps

5.1.3 Lion's Mane

5.1.4 Turkey Tail

5.1.5 Shiitake

5.1.6 Chaga

5.1.7 Other Product Types

5.2 Application

5.2.1 Food and Beverage

5.2.2 Dietary Supplements

5.2.3 Personal Care

5.2.4 Pharmaceutical

5.3 Geography

5.3.1 North America

5.3.1.1 United States

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.1.4 Rest of North America

5.3.2 Europe

5.3.2.1 Germany

5.3.2.2 United Kingdom

5.3.2.3 France

5.3.2.4 Russia

5.3.2.5 Italy

5.3.2.6 Rest of North America

5.3.3 Asia Pacific

5.3.3.1 China

5.3.3.2 Japan

5.3.3.3 India

5.3.3.4 Australia

5.3.3.5 Rest of Asia Pacific

5.3.4 Rest of the World

6 COMPETITIVE LANDSCAPE

6.1 Most Active Companies

6.2 Market Positioning of Players

6.3 Market Positioning of Players

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 IMPACT OF COVID-19 ON THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/y04gck

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