Shiitake Mushroom Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.11 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Shiitake Mushroom Market Analysis
The shiitake mushroom market is forecasted to witness a CAGR of 9.11% during the forecast period (2020 - 2025).
- Shiitake, which falls in the category of functional mushrooms, are being used in a wide variety of healthcare or pharmaceutical products thus, increasing there applicability beyond food and beverage. Therefore, there application as functional ingredient in medical industry is driving the market, as they are being increasingly incorporated as health supplements.
- Currently, the bacterial and viral infections are rising around the globe, such as COVID19, therefore the shiitake mushroom application in the pharmaceutical sector is expected to increase further, as shiitake mushrooms are being used as medicine, for boosting the immune system, lowering blood cholesterol levels, hardening of the arteries, diabetes, eczema, colds and flu, treating prostate or breast cancer, and also act as as an anti-aging agent.
Shiitake Mushroom Market Trends
This section covers the major market trends shaping the Shiitake Mushroom Market according to our research experts:
Surge in Demand for Functional Food and Dietary Supplements
There has been a considerable shift in the lifestyles and diet habits of people over the past two decades. Urbanization and consumerism drove this shift, leading to a rapid rise in the consumption of artificial and synthetic food products, which has resulted in increased incidence of lifestyle diseases.
Thus, people are becoming aware of these problems and, as a result, gradually moving toward functional foods and beverages, which are promoted as being beneficial beyond basic nutrition; these products are purported to provide optimal nutrition and reduce the risk of disease occurrence.
Increasing consumer's disposable income motivating them to spend more on healthy food products is further expected to complement the shiitake market growth over the forecast period.
Functional foods are gaining high-popularity among the health consciousconsumers. During the forecasted period, the demand for medicinal mushrooms such as shiitake is expected to increase significantly, and they're being were incorporated in various functional food and beverages. For instance, maiitake and shiitake are delicious simply sautéed with garlic
Increasing Manufacturing and Consumption of Shiitake Mushroom in the Asian Region
China is the largest producer of mushrooms, globally. The country engages in the production of mushroom and truffles to meet the large external and internal market demands. It was estimated that more than 25 million farmers in China are currently engaged in the collection, cultivation processing and marketing of mushrooms
In China, functional mushrooms are also used to mimic meat textures, for instance, shiitake mushroom are used to make vegetarian floss, jerky, brisket etc. The demand for processed mushroom foods continuing to grow as consumers are exploring new taste characteristics, nutrition and benefits. Owing to this factor players are introducing more products into the market. Hence, driving the shiitake mushroom market in the overall Asian region.
Mushrooms, including, shiitake, golden, oyster, and white button mushrooms, as well as dried and canned mushrooms, are largely consumed among consumers in Singapore. Moreover, consumers across countries, such as, Korea, Singapore, and Thailand, have started paying closer attention to the quality, ingredients, and safety of the foods they consume, due to recent healthier lifestyle trends and product safety concerns, thus, fueling the shiitake mushroom market further in the region.
Shiitake Mushroom Industry Overview
In the global shiitake market, companies from Japan and China hold major market share. Apart from the major companies, the market also displays the presence of regional players like Lianfeng (Suizhou) Food Co. Ltd. , Fresh Mushroom Europe NV, and Mitoku Company Ltd. which are operating at country or a continent-level. The companies operating in this sector are establishing tie-ups with distributors and retailers along with providing delivery services themselves in order to maximize the distribution of their products.
Shiitake Mushroom Market Leaders
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Nammex
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Hirano Mushroom LLC
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Lianfeng (Suizhou) Food Co.,
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Monterey Mushrooms, Inc.
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M2 INGREDIENTS
*Disclaimer: Major Players sorted in no particular order
Shiitake Mushroom Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Application
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5.1.1 Food and Beverage
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5.1.2 Dietary Supplements
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5.1.3 Personal Care
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5.1.4 Pharmaceutical
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5.2 By Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.1.4 Rest of North America
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5.2.2 Europe
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5.2.2.1 United Kingdom
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5.2.2.2 France
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5.2.2.3 Germany
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5.2.2.4 Russia
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5.2.2.5 Italy
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5.2.2.6 Spain
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5.2.2.7 Rest of Europe
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5.2.3 Asia-Pacific
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5.2.3.1 China
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5.2.3.2 India
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5.2.3.3 Japan
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5.2.3.4 Australia
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5.2.3.5 Rest of Asia Pacific
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5.2.4 Rest of the World
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5.2.4.1 South America
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5.2.4.2 Middle East & Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Nammex
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6.4.2 Hirano Mushroom LLC
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6.4.3 Lianfeng (Suizhou) Food Co.
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6.4.4 Monterey Mushrooms, Inc.
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6.4.5 M2 INGREDIENTS
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6.4.6 Fresh Mushroom Europe nv
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6.4.7 MYCOTRITION GMBH
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Shiitake Mushroom Industry Segmentation
The global shiitake market is segmented based on application, and geography. By application, the market is segmented into food and beverage, dietary supplements, personal care, and pharmaceutical products. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World.
| By Application | |
| Food and Beverage | |
| Dietary Supplements | |
| Personal Care | |
| Pharmaceutical |
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Shiitake Mushroom Market Research FAQs
What is the current Shiitake Mushroom Market size?
The Shiitake Mushroom Market is projected to register a CAGR of 9.11% during the forecast period (2024-2029)
Who are the key players in Shiitake Mushroom Market?
Nammex , Hirano Mushroom LLC, Lianfeng (Suizhou) Food Co.,, Monterey Mushrooms, Inc. and M2 INGREDIENTS are the major companies operating in the Shiitake Mushroom Market.
Which is the fastest growing region in Shiitake Mushroom Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Shiitake Mushroom Market?
In 2024, the Asia Pacific accounts for the largest market share in Shiitake Mushroom Market.
What years does this Shiitake Mushroom Market cover?
The report covers the Shiitake Mushroom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Shiitake Mushroom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Shiitake Mushroom Industry Report
Statistics for the 2024 Shiitake Mushroom market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Shiitake Mushroom analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
