What Is The Definition Of The Global Dried Mushroom Market?
Dried mushrooms are fresh, edible mushrooms that have been dehydrated without preservatives, preserving their flavor and nutritional value for long-term use. These are used as ingredients in various food formulations such as soups, pasta, salads, snack seasonings, casseroles, and meat dishes after being rehydrated.
Dried Mushroom Global Market Report 2024 provides data on the global dried mushroom market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The dried mushroom market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global Dried Mushroom Market Size Expected To Expand, And At What Annual Growth Rate?
The dried mushroom market has grown significantly, increasing from $3.92 billion in 2023 to $4.29 billion in 2024 at a CAGR of 9.6%. Historical growth was attributed to rising demand for umami flavors, growing awareness, vegan cuisine popularity, high vitamin D content, and interest in organic food. The market is expected to reach $6.22 billion by 2028, with a CAGR of 9.7%. Future drivers include health and wellness trends, versatility in food applications, e-commerce expansion, and consumer health consciousness. Key trends include demand for plant-based protein, functional foods, sustainability, culinary innovations, and mushroom blends.
What Are The Key Drivers Fueling Growth In The Dried Mushroom Market?
The growing interest in vegan food is anticipated to boost the dried mushroom market. Vegan food is made entirely from plant-based ingredients, excluding all animal products. Veganism is increasingly popular due to health, ethical, and environmental considerations. Dried mushrooms are a popular ingredient in vegan diets, providing a rich flavor and meaty texture that enhance plant-based dishes. For example, in 2021, Grubhub reported a 17% increase in vegan food orders, with notable rises in plant-based burger and vegetarian dish orders. As interest in vegan food grows, the dried mushroom market is benefiting.
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What Are The Principal Market Segments In The Global Dried Mushroom Industry?
The dried mushroom market covered in this report is segmented –
1) By Product Type: Shiitake Mushrooms, Button Mushrooms, Oyster Mushrooms, Reishi Mushrooms, Milky Mushrooms, Winter Mushrooms, Paddy Straw
2) By Packaging: Cartons, Boxes, Polyethylene Bags
3) By Application: Food And Beverages, Food Supplements, Pharmaceuticals, Other Applications
4) By Distribution Channel: Supermarkets, Convenient Stores, E-Commerce, Specialized Stores
Which Emerging Market Trends Are Altering The Dried Mushroom Sector?
Leading firms in the dried mushroom market are launching organic nutraceutical mushroom extracts for use in food and supplements. These extracts support dietary health and overall wellness. In September 2022, Ethical Naturals collaborated with Nammex to create Mushroom-Plus, a range of organic mushroom extracts combined with bioactive ingredients to address specific health concerns. These products feature standardized extracts blended with complementary compounds for enhanced therapeutic benefits.
What Is The Leading Region In The Dried Mushroom Market?
North America was the largest region in the dried mushroom market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the dried mushroom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
