Oyster Mushroom Market to Grow with a CAGR of 7.1% Globally through to 2028
Rising demand for vegan and plant-based
diets and growing awareness of the health benefits of oyster mushrooms are
factors driving the global oyster mushroom market in the forecast period 2024-2028.
According to TechSci Research report, “Global Oyster
Mushroom Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global Oyster Mushroom Market stood at USD 52.3
billion in 2022 and is anticipated to grow with a CAGR of 7.1% in the forecast
period, 2024-2028. The global mushroom industry has witnessed remarkable growth
over the past few years, with a variety of mushroom types gaining popularity
for their culinary and medicinal benefits. Oyster mushrooms are known for their
rich flavor, versatility in culinary applications, and numerous health
benefits. This fungal delicacy has captured the attention of consumers and
producers alike, driving the expansion of the oyster mushroom market.
As the world continues to prioritize health,
sustainability, and plant-based diets, the oyster mushroom market is
well-positioned to flourish, offering a tasty and nutritious option that aligns
with these trends. With ongoing research into their health benefits and
innovative culinary applications, oyster mushrooms are likely to remain a
sought-after ingredient in the global food industry for years to come.
The oyster mushroom market is shaped by a combination
of evolving consumer preferences, culinary innovation, sustainability
considerations, and technological advancements. These trends reflect broader
shifts in the food industry towards healthier, more sustainable, and more
diverse options. The oyster mushroom's adaptability and versatility position it
well to meet these evolving demands, making it a key player in the dynamic
landscape of contemporary food markets. A growing number of cosmetic and
personal care products now contain oyster mushroom powder as an ingredient.
This is because it has excellent antioxidant, anti-aging, anti-wrinkle, skin
brightening, and Moisturising characteristics that make it a perfect cosmetics
ingredient. As a result, a number of global firms are increasingly creating and
releasing personal care products that use oyster mushroom as a main ingredient.
Browse over 26 market data Figures
spread through 182 Pages and an in-depth TOC on "Oyster Mushroom Market”
On the contrary,
people
are increasingly choosing foods that complement their active lifestyles. As a
result, there is a greater demand for nutrient-dense goods made from
organically cultivated ingredients. Oyster mushroom growers can see this spike
in demand for organic products as a chance to broaden and grow their customer
base. The global oyster mushroom market has been boosted by the increasing
involvement of farmers and business owners in the cultivation of oyster
mushrooms.
With an ever-growing focus on health and wellness,
consumers are seeking foods that offer both nutritional value and potential
health benefits. Oyster mushrooms are a nutritional powerhouse, being low in
calories but rich in essential nutrients, including vitamins (B and D),
minerals (iron and potassium), fiber, and antioxidants. Additionally, they are
associated with potential health benefits such as immune system support and
cholesterol reduction, making them a sought-after choice among health-conscious
consumers. The rise of
plant-based diets, including vegetarian, vegan, and flexitarian lifestyles, has
driven the demand for meat alternatives. Oyster mushrooms have gained
popularity due to their meaty texture and umami flavor, making them a natural
fit for plant-based diets. They can be used as a versatile substitute for meat
in various dishes, from stir-fries to burgers, appealing to those looking to
reduce their meat consumption for health and sustainability reasons.
The Global Oyster Mushroom Market is segmented into
type, form, distribution channel, regional distribution, and company.
Based on form, the fresh form segment accounts for the
largest share of the market in the oyster mushroom market in 2022. Many
consumers prefer the fresh taste and texture of oyster mushrooms, which is why
they are more popular than processed oyster mushrooms. Processed oyster
mushrooms often lose some of their nutrients during the processing process.
Based on region, Asia-Pacific is dominating and was
one of the most important region of global oyster mushroom market. This can be
attributed to the region's long-standing popularity and substantial consumption
of oyster mushroom products. China is also the largest producer and consumer of
oyster mushroom products.
Major companies operating in Global Oyster
Mushroom Market are:
- Amax NutraSource, Inc.
- Bio-Botanica
- Bristol Botanicals Limited
- Hokkaido-oyster
- Hunan Huacheng Biotech,Inc.
- Mushroom Science
- Nammex
- Qingdao Dacon Trading Co.
- The Mushroom Company
- Xi'an Greena Biotech Co.,Ltd
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“The oyster mushroom market has experienced
significant growth in recent years, driven by shifting consumer preferences
towards healthier and plant-based diets. The rising demand for meat
alternatives, combined with the mushroom's nutritional benefits and culinary
versatility, has propelled its popularity. Sustainability concerns and
technological advancements in cultivation have further contributed to this
growth, making oyster mushrooms a sought-after choice among health-conscious
consumers and culinary enthusiasts. As the market continues to expand, it
presents opportunities for producers and stakeholders to meet the increasing
demand for this versatile and nutritious fungus.,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Oyster
Mushroom Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Type (Pearl Oyster, Blue Oyster, Golden Oyster, Pink
Oyster, Phoenix Oyster, King Oyster), By Form (Fresh, Processed), By
Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty
Stores, Online, Others), By Region, By Competition, 2018-2028”, has
evaluated the future growth potential of Global Oyster Mushroom Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Oyster Mushroom Market.
Contact
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