Global Medicinal Mushroom Market Research Report - Forecast to 2023

Global Medicinal Mushroom Market Research Report – Forecast to 2023

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Description

The growth in the consumption of medicinal mushroom, on a global level, is leading to the growth of the medicinal mushroom market. The increasing demand for medicinal mushroom in food commodities, personal care, and cosmetic products is boosting the market growth. Improvisation in the cultivation and extraction techniques of medicinal mushroom creates the opportunity for players to enter the medicinal mushroom market. Increasing demand for exotic mushroom varieties, such as shiitake, oyster, maitake, and enoki, have provided manufacturers with the opportunity to enter the market. Owing to these driving factors, the demand for medicinal mushroom is likely to show exponential growth.
The surge in demand for shiitake mushroom, based on its rich flavoring attribute, is gaining popularity in the foodservice industry. Use of fresh and dried mushrooms in processed foods, such as pizza, burger, and soup, is driving the growth of the medicinal mushroom market.
Medicinal mushroom contains several elements such as selenium, zinc, and kojic acid, which are used in the formulation of various personal care products. The growing demand for personal & skin care products is anticipated to support the growth of the medicinal mushroom market during the forecast period 2017-2023.

Regional Analysis
As per MRFR analysis, the global medicinal mushroom market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is projected to retain its dominance throughout the forecast period. High production of medicinal mushroom in Asia-Pacific, followed by increasing awareness and rise in the application of medicinal mushroom in various industries, is supporting the market growth. The market in the region is estimated to reach 6,184.46 kilotons, in terms of volume, by 2023. However, the European medicinal mushroom market is projected to expand at the highest CAGR of 8.07% during the forecast period, 2017-2023.

Segments
The global medicinal mushroom market is segmented into type, form, and function. By region, it is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
By type, the market is segmented into shiitake, reishi, maitake, chaga, cordyceps, turkey tail, and others. Among all, the shiitake mushroom segment is projected to account a share of 59.26%.. This segment is projected to grow at a CAGR of 12.83% during the forecast period.
By form, the market is segmented into fresh, dried, and other. The fresh segment is dominating the market and is projected to grow at a CAGR of 11.42% during the forecast period.
By function, the market is segmented into anti-oxidant, immune enhancer, anti-cancer, skin care, and other. Among all, the anti-oxidants segment is projected to account a share of 35.67%. This segment is projected to grow at a CAGR of 13.30% during the forecast period.

Key Players
The leading players profiled in the global medicinal mushroom market: Bonduelle SA (France), Monaghan Mushrooms (England), Agro Dutch Industries Ltd (India), The Mushroom Company (US), Modern Mushroom Farms (US), Delftree Mushroom Company (US), Banken Champignons (the Netherlands), Hughes Mushrooms (UK), Scelta Mushrooms BV (the Netherlands), and Weikfield (India).

Target Audience
• Medicinal mushroom manufacturers
• Food industry
• Pharmaceutical industry
• Personal care products manufacturers
• Retailers, wholesalers, and distributors
• Traders, importers, and exporters
Key Findings
Asia-Pacific is estimated to retain its dominance throughout the forecast period and will grow at a CAGR of 13.48%.
Among the Asia-Pacific countries, China is projected to witness a substantial growth of 13.74% during the forecast period of 2017-2023.
Shiitake mushroom segment is expected to grow at a CAGR of 12.83% during the forecast period of 2017-2023.
The dried medicinal mushroom segment is expected to grow at a CAGR of 14.04% during the forecast period 2017-2023.
Regional and Country Analysis of Medicinal Mushroom Market Development and Demand Forecast to 2023 Market
As per MRFR analysis, the global market for medicinal mushroom is expected to witness continuous demand during the forecast period. Increasing application of medicinal mushroom in various nutraceutical & functional food industries is driving the growth of the market, owing to its medicinal and nutritional attributes. The global medicinal mushroom market is expected to reach 7,246.94 kilotons by the end of 2023, at a CAGR of 12.60% during the forecast period. Asia-Pacific is projected to dominate the market, followed by Europe.
The reports also cover country-level analysis:
• North America
o US
o Canada
o Mexico
• Europe
o The Netherlands
o Poland
o Germany
o UK
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Australia
o China
o India
o Indonesia
o Japan
o Republic of Korea
o Vietnam
o Rest of Asia-Pacific
• Rest of the World
o Middle East
o Africa
o Other Countries

Additional information

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Table of Contents

1 Executive Summary 2 Introduction 2.1 Definition 2.1.1 Medicinal Mushroom 2.2 Scope of the Study 2.2.1 Research Methodology 2.3 Assumptions 2.4 Limitations 2.5 Market Structure 2.5.1 Global Medicinal Mushroom Market, By Type 2.5.2 Global Medicinal Mushroom Market, By Form 2.5.3 Global Medicinal Mushroom Market, By Function 2.5.4 Global Medicinal Mushroom, By Region 2.6 Research Process 2.7 Primary Research 2.8 Secondary Research 2.9 Forecast Model 2.1 Global Medicinal Mushroom Market: Market Mapping & Research Methodology 2.11 Market Overview: Global Medicinal Mushroom Market 2.12 Industry Trends and Market Environment: Global Medicinal Mushroom Market 3 Market Dynamics 3.1 Introduction 3.2 Drivers 3.2.1 High nutritional and medicinal value 3.2.2 Increasing applications in other foods 3.2.3 Diverse application in cosmetics 3.3 Restraint 3.3.1 Low shelf life of the product 3.3.2 Environmental constraints 3.4 Opportunities 3.4.1 Rising demand for exotic mushrooms 3.4.2 Improvisation in cultivation and extraction techniques 3.5 Challenges 3.5.1 Frequent incidents of pest infestations 3.6 Mega Trends 3.6.1 Trade (Import-export) Analysis 3.6.1.1 Specialty Mushroom Export Analysis 3.6.1.2 Specialty Mushroom Import Analysis 3.7 Macroeconomic indicators analysis 4 Market Factor Analysis 4.1 Introduction 4.2 Value Chain Analysis 4.3 Supply Chain Analysis 4.4 Porter's Five Forces 4.4.1 Porter's 5 Forces Analysis: Medicinal Mushroom Market 4.4.2 Threat of New Entrants 4.4.3 Threat of Substitutes 4.4.4 Bargaining Power of Buyers 4.4.5 Bargaining Power of Suppliers 4.4.6 Intensity of Rivalry 5 Global Medicinal Mushroom Market By Type 5.1 Global Medicinal Mushroom Market by Type 5.1.1 Shiitake 5.1.2 Reishi 5.1.3 Maitake 5.1.4 Chaga 5.1.5 Cordyceps 5.1.6 Turkey Tail 5.1.7 Other Types 6 Global Medicinal Mushroom Market By Form 6.1 Global Medicinal Mushroom Market by Form 6.1.1 Fresh 6.1.2 Dried 6.1.3 Other Form 7 Global Medicinal Mushroom Market By Function 7.1 Global Medicinal Mushroom Market by Function 7.1.1 Antioxidant 7.1.2 Immune Enhancer 7.1.3 Anti Cancer 7.1.4 Skin Care 7.1.5 Other Functions 8 Global Medicinal Mushroom Market by Region 8.1 North America Medicinal Mushroom Market by Country 8.1.1 North America Medicinal Mushroom Market by Type 8.1.2 North America Medicinal Mushroom Market by Form 8.1.3 North America Medicinal Mushroom Market by Function 8.1.4 U.S. 8.1.5 Canada 8.1.6 Mexico 8.2 Europe Medicinal Mushroom Market by Country 8.2.1 Europe Medicinal Mushroom Market by Type 8.2.2 Europe Medicinal Mushroom Market by Form 8.2.3 Europe Medicinal Mushroom Market by Function 8.2.4 The Netherlands 8.2.5 Poland 8.2.6 Germany 8.2.7 U.K 8.2.8 France 8.2.9 Italy 8.2.10 Spain 8.2.11 Rest of Europe 8.3 Asia Pacific Medicinal Mushroom Market by Country 8.3.1 Asia Pacific Medicinal Mushroom Market by Type 8.3.2 Asia Pacific Medicinal Mushroom Market by Form 8.3.3 Asia Pacific Medicinal Mushroom Market by Function 8.3.4 Australia 8.3.5 China 8.3.6 India 8.3.7 Indonesia 8.3.8 Japan 8.3.9 Republic of Korea 8.3.10 Viet Nam 8.3.11 Rest of APAC 8.4 Rest of World Medicinal Mushroom Market by Country 8.4.1 Rest of World Medicinal Mushroom Market by Type 8.4.2 Rest of World Medicinal Mushroom Market by Form 8.4.3 Rest of World Medicinal Mushroom Market by Function 8.4.4 Middle East 8.4.5 Africa 8.4.6 Other Cosuntries 9 Competitive Landscape 10 Company Profiles 10.1 Bonduelle SA 10.1.1 Company Overview 10.1.2 Financials 10.1.3 Products 10.1.4 Strategy 10.1.5 Key Developments 10.2 Agro Dutch Industries Ltd. 10.2.1 Company Overview 10.2.2 Financials 10.2.3 Products 10.2.4 Strategy 10.2.5 Key Developments 10.3 The Mushroom Company 10.3.1 Company Overview 10.3.2 Financials 10.3.3 Products 10.3.4 Strategy 10.3.5 Key Developments 10.4 Modern Mushroom Farms 10.4.1 Company Overview 10.4.2 Financials 10.4.3 Products 10.4.4 Strategy 10.4.5 Key Developments 10.5 Banken Champignons 10.5.1 Company Overview 10.5.2 Financials 10.5.3 Products 10.5.4 Strategy 10.5.5 Key Developments 10.6 Delftree Mushroom Company 10.6.1 Company Overview 10.6.2 Financials 10.6.3 Products 10.6.4 Strategy 10.6.5 Key Developments 10.7 Monaghan Mushrooms 10.7.1 Company Overview 10.7.2 Financials 10.7.3 Products 10.7.4 Strategy 10.7.5 Key Developments 10.8 Hughes Mushrooms 10.8.1 Company Overview 10.8.2 Financials 10.8.3 Products 10.8.4 Strategy 10.8.5 Key Developments 10.9 Scelta Mushrooms BV 10.9.1 Company Overview 10.9.2 Financials 10.9.3 Products 10.9.4 Strategy 10.9.5 Key Developments 10.1 Weikfield 10.10.1 Company Overview 10.10.2 Financials 10.10.3 Products 10.10.4 Strategy 10.10.5 Key Developments 10.11 Monterey Mushrooms 10.11.1 Company Overview 10.11.2 Financials 10.11.3 Products 10.11.4 Strategy 10.11.5 Key Developments

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