Global Mushroom Protein Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026

Global Mushroom Protein Market Overview:

“The global Mushroom Protein Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Mushrooms are considered to be very healthy. With low calories, and rich in fibre, mushrooms are an important source of key vitamins and minerals. Mushrooms are frequently selected as a vegetarian substitute for meat due to their important source of protein. They contain more amount of protein as compared to other vegetables. Most mushrooms have a high protein content, around 20-30% by dry weight. This can be useful to increase the protein content in the diet. The protein is made via fermentation.

The growing demand of mushroom protein owing to large number of advantages associated to mushroom consumption is the key factor driving growth of the global mushroom protein market. In addition, health awareness and rising population of vegetarian consumers have encouraged the growth of mushroom in the daily consumption. Rising consumers interest towards fitness and wellness sector coupled with increasing demand for meat substitutes have supported the growth of global mushroom protein market globally. The sector is majorly driven by increasing demand from the food & beverage and health sector owning to the health benefits gained from it.

High protein content of mushroom are the main drivers to the development of global market. Growth of the functional foods market is also contributing for demand increase. Moreover, growth in the consumption of plant based protein is also observed which is adding fuel towards the growth of this market.

The market offers various opportunities for investment in mushroom protein production with the right kind of mushroom plantation and extraction technology of protein. However, product adulteration and poison contaminated mushroom are the major restraints to this market.

The North America mushroom protein market is expected to witness a healthy growth in the coming years. In addition, Europe is also expected to grow significantly in the forecasted period owing to vegetarian population. The no extracts from animal sources is one of the key supply-side drivers supporting the market growth.

The Asia Pacific mushroom protein market is expected to dominate global mushroom protein market owing to popularity and high consumption of mushroom among Asian countries such as China, India, Japan, Singapore, and more.

Global Mushroom Protein Market Segmentation:

Segmentation on the basis of nature:

• Organic
• Conventional

Segmentation on the basis of type:

• Shiitake
• Reishi
• Brown Italian
• White
• Portabella

Segmentation on the basis of end use:

• Dietary Supplements
• Pharmaceuticals
• Cosmetics

Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa