The Europe Functional Mushroom Market would witness market growth of 8.3% CAGR during the forecast period (2021-2027).
Mushroom farming takes place in an environment that includes ventilation, proper lighting, humidity, soil pH levels, nutrients, and air pressure. Mushrooms are high in riboflavin, potassium, Vitamin D, and selenium, all of which have health benefits such as weight loss, increased immunity, and reduced risk of chronic diseases.
Button, paddy, oyster, milky shitake, and reishi are only a few of the mushrooms that are frequently accessible in the market. All of these varieties are consumed by people all around the world and are also used in the food processing industry. Though some varieties of mushrooms are not suitable for direct consumption, they are widely employed in the pharmaceutical and nutraceutical products.
German buyers have become savvy than ever before, which indicates that they are buying less and more infrequently, but with high-quality expectations and a strong preference for health and wellness, organic products would create lucrative opportunities for the regional market players. Also, there are numerous companies that are collaborating with the cultivators of the region to get a huge amount of raw material at competitive prices.
The Germany market dominated the Europe Functional Mushroom Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $918 million by 2027. The UK market would experience a CAGR of 7.5% during (2021 - 2027). Additionally, The France market is poised to grow a CAGR of 9.1% during (2021 - 2027).
Based on Application, the market is segmented into Pharmaceutical, nutraceutical & dietary supplements; Food & Beverage and Personal Care & Cosmetics. Based on Product Type, the market is segmented into Reishi, Cordyceps, Lion’s Mane and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets & Hypermarkets, Online Distribution Channel and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Functional Mushroom Market Size will Hit $13.6 Billion by 2027, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hokkaido Reishi Co. Ltd., Real Mushrooms, Pan's Mushroom Jerky, Om Mushroom Superfood, Four Sigmatic, Banken Champignons B.V., South Mill Mushrooms Sales, Inc. (The Mushroom Company), and Half Hill Farm, Inc.
By Application
By Product Type
By Distribution Channel
By Country
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