Dried Mushrooms Market Poised to Reach USD 21.8 Billion by 2032, Growing at 4.4% CAGR

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A report by Future Market Insights projects that the global market for dried mushrooms will expand at a CAGR of 4.4% during the predicted time frame. Forecasts indicate that the market would be valued USD 21.8 billion in 2032 as opposed to USD 14.1 billion in 2022.

Dried mushrooms are a popular ingredient used in many cooking recipes for their rich, earthy flavor and versatility. They are made by first cleaning and then drying fresh mushrooms, which helps to concentrate their flavor and preserve them for later use.

Dried mushrooms are most commonly used in soups, stews, sauces, and rice dishes, where their intense flavor can be used to enhance the overall taste of the dish. They can also be rehydrated by soaking in hot water, broth, or wine and then used in a variety of dishes, including stir-fries, omelets, and stuffings.

Dried mushrooms come in a variety of types, including shiitake, porcini, and morels, each with its own unique flavor profile. They are also a nutritious ingredient, containing high levels of vitamins B and D, as well as minerals like potassium and iron.

When purchasing dried mushrooms, it’s important to look for high-quality products that are free of any additives or preservatives. Store dried mushrooms in an airtight container in a cool, dry place, away from light and moisture, to preserve their flavor and freshness.

The growth of the global dried mushroom market is driven by growing demand for organic food and increasing health consciousness among consumers. The properties of dried mushroom including no added preservatives, natural product, and high vitamin-D content fueling the global dried mushroom market.

Macroeconomic factors such as rapid rate of urbanization, increasing per capita income, changing lifestyle, and growing economy driving the global dried mushroom market. Some of the factors trending the global dried mushroom market include mergers & acquisitions between companies of dried mushroom market, high investment in the food industry, and new product launches such as mushroom spices.

Global Dried Mushroom Market Segmentation

The global dried mushroom market is segmented on the basis of packaging type, product type, distribution channel, application, and region. On the basis of packaging, the global dried mushroom market is segmented as cartons, polyethylene bags, boxes depending on the packaging size, wherein polyethylene bags segment have significant revenue share.

Based on product type, the global dried mushroom market segmented as oyster mushrooms, shiitake mushrooms, button mushrooms, and other mushrooms including reishi mushrooms, milky mushrooms, paddy straw mushrooms, and winter mushrooms.

All the product type segments are further sub-segmented into regular and organic, wherein regular contribute for a relatively high volume share whereas, organic register relatively high CAGR in global dried mushroom market over the forecast period. Among product type segment, oyster mushrooms segment is expected to contribute for major revenue share and is expected to expand at a significant CAGR in the global dried mushroom market.

Based on distribution channel, the global dried mushroom market segmented as convenient stores, hypermarkets/supermarket, e-Commerce, and individual stores. Among which, hypermarkets/supermarket, segment is expected to contribute for major revenue share whereas, e-Commerce segment is expected to expand at a significant CAGR in the global dried mushroom market, attributed to increasing adoption of e-Commerce across the globe.

On the basis of end-user, the global dried mushroom market is segmented as consumers, food services, food manufacturers, nutraceutical manufacturers, cosmetics manufacturers, wherein food services segment have significant revenue share, whereas, consumers segment is expected to register significant CAGR, over the forecast period.

Global Dried Mushroom Market Regional Outlook

Based on the geographies, the global dried mushroom market is split into seven regions including North America, Western Europe, Eastern Europe, Japan, Asia-Pacific except Japan, Latin America, and the Middle East & Africa.

Among the regions, Europe is expected to dominate the global dried mushroom market with relatively high growth rate, owing to high demand for mushroom across the regions. Asia-Pacific is followed by Europe and is expected to expand at a significant growth rate in dried mushroom market, attributed to rapid rate of urbanization, rapidly growing population, and changing lifestyle of consumers across the region.

North America and Japan also accounts for significant value share in the global dried mushroom market. Overall, the outlook for the global dried mushroom market will have a positive growth over the forecast period, growing demand for organic and natural food across the globe being a counterfeiting factor.

Global Dried Mushroom Market Player

Few players in the global dried mushroom market include Merchant Gourmet, Sun Hing Foods, Inc., Agro Dutch Industries Ltd., Monterey Mushrooms, Inc., California Mushroom Farms Inc., Monaghan Mushrooms, Weikfield Foods Pvt. Ltd., Hughes Mushroom, Drinkwater Mushrooms Ltd., Bonduelle, OKECHAMP S.A., Banken Champignons, and The Mushroom Company.

Download the full report for in-depth insights. 

Dried mushroom market segmentation by category

By product Type:

  • shiitake mushrooms
  • button mushrooms
  • oyster mushrooms
  • reishi mushrooms
  • milky mushrooms
  • mushrooms
  • winter mushrooms
  • paddy straw

By Sub-Segments of Product Type:

  • Regular
  • Organic

By End Users:

  • food service
  • consumers
  • food manufacturers
  • cosmetic industry
  • nutraceuticals

By Packaging:

  • Cartons
  • Boxes
  • polyethylene bags

By Distribution Channel:

  • supermarkets
  • convenient stores
  • E-commerce
  • specialized stores

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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