The India mushroom market is expected to exhibit a CAGR of 7.6% during 2023-2028.
Mushroom refers to a fleshy and nutrient-rich fruiting body of specific macro-fungi groups that can be hand-picked and grown either above or below the ground. Edible mushrooms are typically produced in a controlled environment with appropriate humidity, nutrients, soil pH levels, light, ventilation, air pressure, etc. Some of the commonly available varieties are shitake, button, oyster, paddy, milky, reishi, etc. Edible mushrooms are an abundant source of potassium, Vitamin D, riboflavin, selenium, etc., and are proven to be highly beneficial in managing weight, building immunity, and reducing the risks of various chronic diseases.
India Mushroom Market Trends:
The growing consumer health consciousness coupled with the escalating need for nutrient-rich and cholesterol-free food products is primarily driving the India mushroom market. Furthermore, the emerging trend of veganism and the widespread adoption of mushrooms as a substitute for meat on account of their rich umami taste are also propelling the market growth in the country. Besides this, the increasing utilization of mushrooms in dietary supplements as they contain a rich amount of fiber and digestive enzymes that promote gut and immunological health is catalyzing the product demand. Moreover, the elevating requirement for processed mushroom variants, especially across western countries, is generating numerous export opportunities for India, thereby creating a positive outlook for the regional market. Apart from this, continuous advancements in mushroom packaging technologies, such as the development of humidity-regulating packaging materials that prevent water condensation on mushrooms to extend their shelf-life, are also augmenting the market growth. Furthermore, the rising usage of mushrooms by the pharmaceutical industry for the treatment of several diseases, such as hypercholesterolemia and hypertension, is acting as another growth-inducing factor. In addition to this, significant investments in smart automation technologies for mushroom production to enhance the yield and decrease expenses are expected to fuel the India mushroom market over the forecast period.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India mushroom market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on mushroom type, form, distribution channel and end use.
Breakup by Mushroom Type:
- Button Mushroom
- Shiitake Mushroom
- Oyster Mushroom
Breakup by Form:
- Fresh Mushroom
- Canned Mushroom
- Dried Mushroom
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Grocery Stores
- Online Stores
Breakup by End Use:
- Food Processing Industry
- Food Service Sector
- Direct Consumption
Breakup by Region:
- North India
- West and Central India
- South India
- East India
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
| Historical Period
||Mushroom Type, Form, Distribution Channel, End Use, Region
||North India, West and Central India, South India, East India
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Key Questions Answered in This Report:
- How has the India mushroom market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India mushroom market?
- What are the key regional markets?
- What is the breakup of the market based on the mushroom type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the India mushroom market and who are the key players?
- What is the degree of competition in the industry?