Analysis of Potential Impact of COVID-19 on Dried Mushroom Industry

Dried Mushroom Market: Outline

The properties of dried mushrooms such as longer shelf life and extensive nutritional values may bring tremendous growth opportunities across the dried mushroom market during the assessment period of 2024-2030.

The growing awareness about the advantages associated with mushroom consumption among a large populace is assisting the dried mushroom market to increase its growth rate. In addition, health-conscious people generally prefer mushroom as their power food. These aspects may serve as prominent pillars of growth for the dried mushroom market.

Other factors driving the growth of the dried mushroom market are the rising urbanization across the globe and the increasing disposable income of individuals around the world. Dried mushrooms are available in a variety of types such as reishi mushrooms, winter mushrooms, paddy straw mushrooms, shiitake mushrooms, button mushrooms, and others.

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Dried Mushroom Market: Competitive Scenario

The dried mushroom market comprises many players competing with a wide range of competitors. The fragmented landscape of the dried mushroom market invites intense competition. Domestic players hold a large share of the dried mushroom market. New entrants also try to gain a foothold in the dried mushroom market through novel product launches.

Growing investments across the food and beverage industries by various investors and conglomerates are opening avenues of growth for the dried mushroom market. Attractive marketing strategies and advertising campaigns also help the players in the dried mushroom market to garner efficient growth.

Tie-ups between domestic and international players aid in exploring untapped opportunities across the dried mushroom market. Furthermore, mergers, acquisitions, collaborations, partnerships, and joint ventures also form an important part in the context of the growth of the dried mushroom market. Some well-established participants in the dried mushroom market are Sun Hing Foods, Inc., Banken Champignons, Merchant Gourmet, Weikfield Foods Pvt. Ltd., The Mushroom Company, Monaghan Mushrooms, OKECHAMP S.A., and California Mushroom Farms Inc.

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Dried Mushroom Market: Key Trends

Online platforms may garner considerable revenue for the players in the dried mushroom market owing to the shift in consumers’ preferences. Due to the SARS-CoV-2 outbreak, a large number of individuals prefer online shopping instead of visiting superstores or supermarkets. Therefore, the manufacturers in the dried mushroom market are now focusing on bringing their products on eCommerce platforms.

Dried mushrooms are a powerhouse of nutrients. Enzymes, vitamin B, protein, and vitamin D2 are some of the important nutrients that are present in the dried mushroom market. Furthermore, dried mushrooms also contain antioxidants such as ergothioneine.

Dried mushrooms help in enhancing the taste of varied food varieties. Other important benefits of dried mushrooms are that they are gluten-free, fat-free, and cholesterol-free. This aspect increases the demand for dried mushrooms among consumers preferring healthy food. Furthermore, the heightening influence of organic food consumption is also proving to be a great growth generator for the dried mushroom market.

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Dried Mushroom Market: Regional Aspects

The dried mushroom market can be geographically segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. Europe may record expansive growth for the dried mushroom market through the forecast period due to the swift urbanization observed around the region.

North America and Asia Pacific may also acquire a significant share of growth during the assessment period of 2024-2030. The escalating demand for natural and organic food coupled with a rising number of health-conscious people across the regions may serve as prominent growth factors for the dried mushroom market.

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