The global mushroom fermenter market is set to witness growth rate of 5.6% over the forecast period (2022-2032), totaling around US$ 2.4 Bn by 2032.
Mushroom fermenter has a wider applicability in food and beverage, pharmaceutical, and cosmetics and personal care industries. It offers various benefits such as providing sufficient nutritional value to the food which boost the immune system. This is expected to result in an increasing demand for mushroom fermenter in the near future.
Alongside, the usage of mushroom fermenter in cosmetics industry is on a rise since past few years. Various products including skin care and hair care items such as anti-aging creams, skin whitening lotions, shampoo, conditioner, serum, hair dyes and others are made by using fermented product of mushroom mycelium. This is predicted to result in outperforming sales of mushroom fermenter over the next half decade.
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Furthermore, fermented mushroom is also used in various pharmaceutical products and ayurvedic medicines to fight tumour and various cardiovascular diseases. Comprehending the above-mentioned factors, demand for mushroom fermenter is predicted to escalate at a significant rate over the forecast period (2022-2032).
Key Takeaways from Market Study
- By type, mechanical agitation segment is expected to hold the largest share of mushroom fermenter market by 2032.
- Based on application, the pharmaceutical segment will be the most remunerative in the global mushroom fermenter market during the forecast period.
- North America is expected to dominate the global market, accounting for the largest value share of about 25% in 2022.
- The U.S. is expected to account for around 75% revenue share of North American mushroom fermenter market by the end of 2032.
- Demand for mushroom fermenter to rise at a healthy pace across China during the forecast period.
“The trend of veganism and consumption of healthy foods involving maximum nutritional value is anticipated to drive the mushroom fermenter market growth in the coming half decade”, says a Future Market Insights analyst.
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Competitive Landscape
Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaborations to identify the interest of potential buyers and create a larger customer base.
The presence of various prominent players such as Bioengineering AG, Eppendorf AG, DCI-Biolafitte, Sartorius AG, Infors AG, MARUBISHI I&E (M) SDN. BHD., Tongling Bio, Zhenjiang Ritai, and others have increased the competition in the market. Mushroom fermenter manufacturers are focusing on introducing a wide variety of products in order to increase their consumer base and gain a competitive advantage.
Global Mushroom Fermenter Market by Category
By Type:
- Non-mechanical Agitation
- Mechanical Agitation
By Application:
- Chemical
- Flavors
- Fragrances
- Food
- Nutraceuticals
- Food Additives
- Others
- Pharmaceutical
- Antibiotics
- Antitumor Agents
- Cardiovascular Drugs
- Cosmetics and Personal Care
- Skin Care Products
- Anti-aging Creams
- Anti-wrinkle creams
- Skin whitening lotions
- Moisturizers
- Hair Care Products
- Shampoo
- Conditioner
- Serum
- Hair Dyes
- Others
- Skin Care Products
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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Frequently Asked Questions
- What is Estimated Valuation for mushroom fermenter market in 2022?
- At what rate is the global mushroom fermenter market expected to grow?
- How are market players reacting to the new developments in the mushroom fermenter market?
- How much share does the top 10 companies in the mushroom fermenter market hold?
- Which are the major countries driving demand for mushroom fermenter?
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