Market Size of Shiitake Mushroom Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 9.11 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Shiitake Mushroom Market Analysis
The shiitake mushroom market is forecasted to witness a CAGR of 9.11% during the forecast period (2020 - 2025).
- Shiitake, which falls in the category of functional mushrooms, are being used in a wide variety of healthcare or pharmaceutical products thus, increasing there applicability beyond food and beverage. Therefore, there application as functional ingredient in medical industry is driving the market, as they are being increasingly incorporated as health supplements.
- Currently, the bacterial and viral infections are rising around the globe, such as COVID19, therefore the shiitake mushroom application in the pharmaceutical sector is expected to increase further, as shiitake mushrooms are being used as medicine, for boosting the immune system, lowering blood cholesterol levels, hardening of the arteries, diabetes, eczema, colds and flu, treating prostate or breast cancer, and also act as as an anti-aging agent.
