Shiitake mushroom is a type of specialty mushroom which are
grown on the decaying wood of deciduous trees. Major share of shiitake mushroom
production was witnessed in Asia pacific, which held 82.54% of market share in
the year 2017. Shiitake mushroom is widely used in the food industry for its
rich texture and smoky flavor. Moreover, it has gained popularity among the
growing population for its high nutritional and medicinal benefits including
its ability to aid weight loss, support cardiovascular health, fight cancer
cells, improve energy levels and brain function, reduce inflammation, and
support the immune system. Additionally, various elements content in the
shiitake mushroom such as selenium, zinc, and kojic acid which are beneficial
for healthy skin which is adding fuel to the growth of shiitake mushroom
market.
Market Forecast
The global market for shiitake mushroom has been experiencing
high demand from the last few years and is projected to reach 4370 tons by 2023
compared to 2109 tons in 2017. Increasing application of shiitake mushroom in
various industries is driving the market of shiitake mushroom market. Owing to
the high nutritional attributes of shiitake mushroom such as it is a good
source of vitamin B & D, it is gaining popularity among the health
conscious population.
Based on the category, dried shiitake mushroom is expected to
witness the highest growth rate of 16.91% on a global level. Processed shiitake
mushroom is expected to grow rapidly during the forecast period. Moreover, on
the basis of application, food industry is dominating the market over past
years. However, pharmaceutical industry is projected to witness high growth at
a CAGR of 16.56% over the forecast period followed by cosmetic segment.
By Downstream Analysis
On the basis of category of the shiitake mushroom, fresh
mushroom is dominating the market holding a global market share of 49.8%.
However, dried shiitake mushrooms is expected to grow substantially over the
forecast period followed by processed shiitake mushrooms.
Potential application of shiitake mushroom in food industry
have a positive impact on its market growth with the major market share of
54.4% in the year 2017. However, pharmaceutical segment is likely to witness
the highest growth rate followed by cosmetics segment over the coming years.
Based on the sales channel, store based sales channel is
dominating the market with a lion’s share of 83.6% in the year 2017. In store
based sales channel, wholesaler/distributor dominates the market with the
highest market share in the year 2017. However, specialty stores are projected
to witness higher growth rate over the forecast period.
Competitive Analysis
The major key players in shiitake mushroom are:
- Bonduelle
SA (France)
- Mitoku
Company, Ltd. (Japan)
- Agro
Dutch Industries Ltd. (India)
- The
Mushroom Company (U.S.)
- Modern
Mushroom Farms (U.S.)
- Hirano
Mushroom LLC (Kosovo)
- Banken
Champignons (the Netherlands)
Regional Analysis
Among the regions, Asia Pacific is dominating the shiitake
mushroom market with over 82.54% of the global market share and is projected to
reach more than USD 26.79 billion by 2023. In Asia Pacific, China is expected
to grow at the highest rate followed by Vietnam over the forecast period.
Moreover, RoW is projected to witness the highest growth rate during the
forecast period 2017-2023 in which Africa is expected to grow at the highest
growth rate. In RoW, Middle East is dominating the market with market share of
80% in the year 2017.
Complete Report Details @ https://www.marketresearchfuture.com/reports/shiitake-mushroom-market-4731
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Thanks for sharing this blogs. I have collect good shiitake mushroom from Agrinoon(Fujian). Here I get good quality mushrooms at an affordable price. Agrinoon has emerged as the best brand producing a number of mushrooms maintaining the quality of the product at the best prices.
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