South East Asia mushroom market size is projected to exhibit a growth rate (CAGR) of 7.02% during 2024-2032. The increasing demand for organic food products and the advancements in mushroom packaging technologies are primarily driving the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | 7.02% |
Mushrooms are the reproductive structures of specific fungi, characterized by their fleshy texture, varied shapes, sizes, and an array of colours. Cultivated in controlled environments, they require specific conditions such as adequate light, ventilation, suitable soil pH levels, nutrient content, and precise moisture levels. Notably, mushrooms are known for their rich nutrient profile, encompassing essential components like protein, dietary fibers, potassium, sodium, antioxidants, carbohydrates, riboflavin, vitamin D, zinc, and selenium. They are recognized for their potential in bolstering the immune system, aiding in weight management, regulating blood pressure, and diminishing the risk of several chronic ailments. Certain varieties of mushrooms are harnessed for the production of various nutraceuticals and pharmaceuticals. In culinary applications, mushrooms find use in the creation of an assortment of products such as pickles, jams, soups, sauces, candies, and smoothies.
The South East Asia market is experiencing a surge in demand for plant-based protein, primarily influenced by the increasing adoption of vegan diets and plant-centric lifestyles. This shift in dietary choices is driven by a growing emphasis on health and wellness, encouraging individuals to opt for low-calorie, low-fat, and low-carbohydrate food alternatives. As a result, there is a notable rise in the consumption of sustainably cultivated mushrooms, aligning with the trend toward natural and organic food products. Moreover, the escalating interest in gourmet cuisine and premium dining experiences has contributed to the elevated usage of mushrooms as a staple ingredient, prompting a heightened interest in exotic and specialty mushroom varieties. Advancements in mushroom cultivation techniques and the introduction of innovative hybrid strains have further boosted market growth, ensuring more efficient production and a broader range of available mushroom types. Additionally, the pharmaceutical sector is increasingly integrating various mushroom varieties in the development of pharmaceuticals and drugs, broadening the market's reach across diverse industries. With disposable incomes on the rise and key players investing in extensive research and development initiatives, the market is poised for continued growth, catering to evolving consumer preferences and market demands.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional and country level for 2024-2032. Our report has categorized the market based on mushroom type, form, distribution channel and end use.
Mushroom Type Insights:
The report has provided a detailed breakup and analysis of the market based on the mushroom type. This includes button mushroom, shiitake mushroom, oyster mushroom, and others.
Form Insights:
A detailed breakup and analysis of the market based on the form have also been provided in the report. This includes fresh mushroom, canned mushroom, dried mushroom, and others.
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, grocery stores, online stores, and others.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes food processing industry, food service sector, direct consumption, and others.
Country Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, and Others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Mushroom Types Covered | Button Mushroom, Shiitake Mushroom, Oyster Mushroom, Others |
Forms Covered | Fresh Mushroom, Canned Mushroom, Dried Mushroom, Others |
Distribution Channels Covered | Supermarkets and Hypermarkets, Grocery Store, Online Stores, Others |
End Uses Covered | Food Processing Industry, Food Service Sector, Direct Consumption, Others |
Countries Covered | Indonesia, Thailand, Singapore, Philippines, Vietnam, Malaysia, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |