The global mushroom market size was USD 50.40 Billion in 2021 and is expected to register a revenue CAGR of 9.6% during the forecast period, according to the latest analysis by Emergen Research. Growing trend of veganism and rising demand for plant-based proteins, such as mycoprotein and meat alternatives, are expected to drive revenue growth in the market. In addition, rising research activities for development of innovative mushroom-based products are driving revenue growth in the market. For example, on 20 August 2020, Better Plant Sciences Inc. announced that its subsidiary Neonmind Biosciences completed the final product development of Four distinctive Ayurveda-inspired and botanically enhanced mushroom coffee blends.

The latest research report by Emergen Research, named ‘Global Mushroom Market - Forecast to  2032  The study on the Global Mushroom Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Mushroom Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.

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Covid 19 impact analysis:

The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies. The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market

Major companies profiled in the market report include

Bonduelle, Drinkwater Mushrooms, CMP Mushrooms, The Green Yard, and Weikfield Foods PVT. LTD., BioFungi GmbH, Monaghan Group, Highline Mushrooms, Monterey Mushrooms, LLC., Basciani Foods, Costa's Pty Ltd.

Research objectives:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market

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Emergen Research has segmented the global mushroom market based on product type, distribution channel, application, end-use, and region:

·         Product Type Outlook (Revenue, USD Billion; 2019–2030)

o    Oyster

o    Button

o    Truffle

o    Matsutake

o    Others

·         Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)

o    Online

o    E-commerce Platforms

o    E-Groceries

o    Offline Stores

o    Supermarkets

o    Convenience Stores

o    Others

·         Application Outlook (Revenue, USD Billion; 2019–2030)

o    Meat Alternative

o    Faux Leather

o    Coffee

o    Packaging

o    Others

·         End-Use Outlook (Revenue, USD Billion; 2019–2030)

o    Food

o    Building & Construction

o    Pharmaceuticals

o    Cosmetics

o    Others

Regional Outlook:

The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Mushroom market, gauging their revenue share over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key Objectives of the Global Computational Biology Market   Report:

The latest report encases an in-depth summary of the intensely competitive landscape of the global Mushroom market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.

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