Market Overview:
The GCC mushroom market size is projected to exhibit a growth rate (CAGR) of 6.4% during 2024-2032. The growing health consciousness among GCC population, the burgeoning hospitality and tourism industry, recent technological advancements in indoor mushroom cultivation, and growing demand for organic and sustainably produced mushrooms represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate 2024-2032 |
6.4% |
Mushrooms are a category of fungi that develop either above ground or upon their nourishment sources, characterized by their distinctive flavor and texture. They are known for their rich nutritional profile, comprising proteins, dietary fibers, potassium, copper, selenium, and vitamins such as riboflavin, niacin, pantothenic acid, and biotin. In addition, mushrooms are a great source of polysaccharides, beta-glucans, and antioxidants, including ergothioneine and glutathione. The manufacturing procedure for edible mushrooms is multifaceted, comprising stages, such as cultivation, spawning, casing, pinning, and harvesting. They find a broad array of applications in food and beverages (F&B), dietary supplements, cosmetics, pharmaceuticals, bioremediation, waste management, textile dyeing, biotechnology, personal care products, pest control, animal feed, bioplastics, and psychoactive compound production. Mushrooms aid in strengthening the immune system, enhancing metabolism, assisting in weight management, improving brain function, and supporting heart health. They also offer numerous advantages, such as ease of cultivation, constant availability throughout the year, culinary adaptability, eco-friendliness, and compatibility with vegetarian and vegan lifestyles.
GCC Mushroom Market Trends:
The growing health consciousness among the GCC population is fostering the demand for nutritious food options, such as mushrooms. In addition, the escalating prevalence of lifestyle-related health conditions is facilitating the product demand owing to its low calories and fat-free content. Furthermore, the burgeoning hospitality and tourism industry in the region is leading to greater incorporation of mushrooms in various exotic culinary preparations due to their unique texture and flavor profile, which is contributing to the market growth. Besides this, the recent technological advancements in indoor mushroom cultivation techniques that are suitable for the region's arid climate, thus promoting local production and quality control, are favoring the market growth. Along with this, the growing demand for organic and sustainably produced mushrooms that are healthy and do not cause adverse environmental impacts is strengthening the market growth. Moreover, the imposition of supportive policies and incentives by regional governments to expand agri-food production in an effort to diversify the economic base away from the oil and gas industry is favoring the market growth. Apart from this, rapid urbanization and growing expenditure capacities, which allow consumers to spend more on exotic food products, such as mushrooms, are influencing the market growth. Along with this, the emergence of supermarkets and hypermarkets with dedicated sections for fresh produce, which enhances convenience and increases consumer accessibility, is catalyzing the market growth. In addition, the widespread awareness campaigns and educational initiatives focusing on the health benefits and culinary versatility of mushrooms are propelling the market growth.
GCC Mushroom Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the GCC mushroom market report, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on mushroom type, form, distribution channel, and end use.
Mushroom Type Insights:
- Button Mushroom
- Shiitake Mushroom
- Oyster Mushroom
- Others
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:
- Fresh Mushroom
- Canned Mushroom
- Dried Mushroom
- Others
A detailed breakup and analysis of the market based on the form has also been provided in the report. This includes fresh mushroom, canned mushroom, dried mushroom, and others.
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Grocery Stores
- Online Stores
- Others
A detailed breakup and analysis of the market based on the distribution channel has also been provided in the report. This includes supermarkets and hypermarkets, grocery stores, online stores, and others.
End Use Insights:
- Food Processing Industry
- Food Service Sector
- Direct Consumption
- Others
A detailed breakup and analysis of the market based on the end use has also been provided in the report. This includes food processing industry, food service sector, direct consumption, and others.
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, and Oman.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the market. 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.
GCC Mushroom Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Mushroom Type
- Form
- Distribution Channel
- End Use
- Country
|
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 Stores, Online Stores, Others |
End Uses Covered |
Food Processing Industry, Food Service Sector, Direct Consumption, Others |
Countries Covered |
Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, Oman |
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) |
Key Questions Answered in This Report:
- How has the GCC mushroom market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the GCC mushroom market?
- What is the breakup of the GCC mushroom market on the basis of mushroom type?
- What is the breakup of the GCC mushroom market on the basis of form?
- What is the breakup of the GCC mushroom market on the basis of distribution channel?
- What is the breakup of the GCC mushroom market on the basis of end use?
- What are the various stages in the value chain of the GCC mushroom market?
- What are the key driving factors and challenges in the GCC mushroom market?
- What is the structure of the GCC mushroom market and who are the key players?
- What is the degree of competition in the GCC mushroom market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the GCC mushroom market from 2018-2032.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the GCC mushroom market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the GCC mushroom industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.