Shiitake Mushroom Market Trend 2019 | Global Size, Share, Sales Revenue, Industry Analysis and Top Key Players Strategy

Shiitake Mushroom Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand

pune, India - February 12, 2019 /MarketersMedia/ —

Shiitake Mushroom Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc. Furthermore, it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability.

Market Insights:
Market Research Future has discovered that the global shiitake mushroom market is expected to grow at a highly optimistic CAGR of 15.31% during the forecast period from 2017 to 2023. MRFR also projects that the growth of the market is expected to reach a market value of approximately USD 35.4 Bn by the end of 2023. Shiitake mushrooms are native to East Asia and are a medicinal mushroom in some branches of traditional medicine.

Commonly used for the preparation of a variety of local delicacies in East Asian countries, Shiitake is also used in the pharmaceutical and personal care industries. Shiitake mushrooms offer a rich, umami flavor profile which is highly sought after. Use of shiitake mushroom in processed food to create a rich and robust flavoring profile is expected to boost the demand for shiitake mushrooms. Moreover, recognition of its medicinal attributes has resulted in the increased demand of shiitake mushrooms to produce cosmetic & personal care products as well as dietary supplements. The high consumption of shiitake mushrooms in China, Japan, and other East Asian countries is also a key factor driving growth. The growth of the population present in these regions is expected to further drive the demand for shiitake mushrooms. Additionally, shiitake mushrooms are available in various forms such as dried, fresh, powdered and others and can be used for several applications. Rising veganism is a prime factor driving the increasing adoption of shiitake mushrooms. Mushrooms when cooked down can have a meaty texture and offer a complex flavor profile that is highly sought after in the vegan food community, thus driving market demand.

Get a Sample Report Now @ https://www.marketresearchfuture.com/sample_request/4731

However, the low shelf life of shiitake mushrooms and related products are likely to slow market growth over the assessment period. Pest infestations are also rather common in shiitake mushroom plantations, thus challenging market growth. However, the rising demand for exotic mushrooms as the f&B sector grow more diverse across the globe is expected to create new market opportunities.

Key Players:
Mitoku Company, Ltd. (Japan), Hirano Mushroom LLC (Kosovo), Modern Mushroom Farms (U.S.), Bonduelle SA (France), Banken Champignons (the Netherlands), Agro Dutch Industries Ltd. (India), and The Mushroom Company (U.S.) are among the leaders in the global Shiitake mushroom market as identified by MRFR in the report. The study analyzes these market players' roles in the global market as well as their market positioning.

Latest Industry News:
The Tamil Nadu Agricultural University is set to sign an agreement with Japanese company, Yats Corporation to initiate cultivation of Shiitake mushrooms on an industrial scale. The project is funded by the Japan Internation Cooperation Agency.

Market Segmentation:
The global shiitake mushroom market has been segmented in MRFR's report on the basis of category, application, sales channel, and region. Category has been segmented to include processed, fresh, and dried. Among these segments, the fresh shiitake segment has captured an estimated 50% share of the global market. Fresh mushrooms have desirable flavor and textural attributes that are subject to change in various forms.

Applications of shiitake mushrooms can be found in food, pharmaceuticals, cosmetics, and others. Food applications are the highest among others and the food segment has a market share of 54.4%. However, the various health benefits of shiitake mushrooms such as the improvement of cardiovascular health, bone building, and others have boosted pharmaceutical applications.

Sales channels through which shiitake mushrooms are distributed have been segmented into store-based and non-store based.  Store-based sales channels dominate the market. However, specialty stores are projected to grow at a CAGR of 15.54% during the forecast period.

Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/shiitake-mushroom-market-4731

Regional Analysis:
The Asia Pacific is set to lead the global shiitake mushrooms market with a market share of 82.54% and will grow at a significant growth rate due to the high consumption of shiitake mushrooms in various regional cuisine as well as the increasing use of shiitake mushrooms in pharmaceutical applications in the region. The RoW regional market is expected to grow rapidly as a CAGR of 15.01% during the projection period due to the growing awareness regarding the ingredient and its rising applications. Regions like North America are projected to witness healthy growth at a CAGR of 11.05% during the forecast period.

Contact Info:
Name: Abhishek
Organization: market research future
Address: Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/shiitake-mushroom-market-4731

Source URL: https://marketersmedia.com/shiitake-mushroom-market-trend-2019-global-size-share-sales-revenue-industry-analysis-and-top-key-players-strategy/481507

Source: MarketersMedia

Release ID: 481507

Latest News

Trump to nominate Satterfield ambassador to Turkey

Feb 16, 2019

WASHINGTON (Reuters) - President Donald Trump intends to nominate David Satterfield, a veteran diplomat with deep experience in the Middle East, to be U.S. ambassador to Turkey, the White House said on Friday.Satterfield has been the acting assistant secretary of state for Near Eastern Affairs since 2017. He has previously served as the deputy U.S. chief of mission in Iraq, ambassador to Lebanon, director for Near Eastern affairs on the National Security Council, as well as in Syria, Tunisia and Saudi Arabia.Turkey, a Muslim-majority NATO ally, borders Syria, Iraq and Iran and is a major player in the region.The conflict...

Mueller seeks tough sentence for ex-Trump campaign chairman Manafort

Feb 16, 2019

By Sarah N. Lynch and Nathan Layne(Reuters) - Prosecutors for Special Counsel Robert Mueller urged a federal judge in Virginia on Friday to impose a strict prison sentence for President Donald Trump's former campaign manager Paul Manafort, after a jury last year convicted him on eight counts of bank and tax fraud.In their sentencing memo filed in U.S. District Court for the Eastern District of Virginia, prosecutors said Manafort, who is 69, deserves between 19.6 and 24.4 years in prison and a fine of between $50,000 and $24 million."While some of these offenses are commonly prosecuted, there was nothing ordinary...

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

Feb 16, 2019

By Ana Isabel Martinez and David Alire GarciaMEXICO CITY (Reuters) - Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.Falling oil output, corruption and high labor costs have contributed to the decline of the company that was once a symbol of national pride. It now holds roughly $106 billion in financial debt, the highest of any national oil company in Latin America. Fitch and Moody's rate its credit one notch above junk.Fitch said...

U.S. raises pressure on Maduro via sanctions, aid airlift

Feb 16, 2019

By Andy Sullivan and Idrees AliWASHINGTON/MUNICH (Reuters) - The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border.The U.S. Treasury said it sanctioned PDVSA chief Manuel Quevedo, three top intelligence officials and Rafael Bastardo, who U.S. officials say is the head of a national police unit responsible for dozens of extrajudicial killings carried out in nighttime raids on Maduro's behalf.Separately, the U.S. State Department said on Friday...

Citi U.S. economic index posts biggest weekly drop since 2011

Feb 16, 2019

NEW YORK (Reuters) - Citi Research's gauge on U.S. economic data surprises fell 40.7 points this week for its biggest weekly decline since June 2011, as the latest data on retail sales and factory output fell far short of market expectations.The Citi barometer, which measures whether U.S. economic data come in weaker or stronger than analysts forecast, is monitored by traders for the U.S. growth trajectory. It stood at -23.6 points on Friday, down from 17.1 points a week earlier.The index's drop this week was the steepest weekly decrease since a 60.0 point fall in June 2011. Earlier on Friday,...

Search

Obserworld delivers the most accurate and up-to-date world news for the global audience with a thorough research and in-depth interviews. Discover the world through Obserworld.

Contact us: sales[at]obserworld.com