South Korea Mushrooms and Truffles Market was valued at USD 4 Billion in 2022 and is projected to reach USD 6 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The South Korea Mushrooms and Truffles Market is rapidly growing, driven by increasing consumer interest in gourmet and healthy food options. South Korea has seen a steady rise in demand for both mushrooms and truffles due to their versatile use in cuisines, functional benefits, and luxury appeal. As consumers lean towards plant-based and organic foods, the mushroom and truffle market is expanding across both local and international markets.
There are various types of mushrooms gaining popularity, including shiitake, oyster, and enoki mushrooms. These varieties are highly sought after by South Korean chefs and home cooks alike due to their unique flavors, textures, and health benefits. In recent years, the demand for truffles has surged, especially for the prized white and black varieties, as they are considered an exquisite delicacy. The country’s high-end restaurants are increasingly incorporating truffles into their gourmet dishes, making them more accessible to the luxury market.
The growth of the Mushrooms and Truffles Market is not only seen in the food industry but also in sectors like pharmaceuticals and cosmetics. Mushrooms, particularly varieties like reishi and cordyceps, are known for their medicinal properties. This has attracted the attention of the wellness and supplement industry, which capitalizes on these natural ingredients for their potential in boosting immunity and overall health. Truffles are also sought after for their perceived anti-aging properties, further increasing their market demand in the cosmetic industry.
Industries sourcing mushrooms and truffles require consistent quality, reliable suppliers, and sustainable harvesting methods. The demand for organic and eco-friendly products is a major trend driving this market. Producers must adhere to strict quality control standards, and innovations in cultivation, such as the development of controlled-environment farming, are essential for meeting the growing needs of consumers and industries alike.
In the future, the South Korea Mushrooms and Truffles Market is expected to continue to thrive. As global interest in fine dining and functional foods increases, the demand for premium mushrooms and truffles will likely see even greater expansion. Businesses in the food service, health, and beauty sectors will continue to explore these fungi for their versatility and unique benefits, keeping the market dynamic and full of potential for years to come.
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Urbani Truffles
Hughes Mushroom
Savina Gozo
Scelta Mushrooms BV
Drinkwater Mushrooms Ltd.
Banken Champignons
Sabatino Truffles
OKECHAMP SA
Bonduelle
Modern Mushroom Farms
Weikfield Foods Pvt
Ecolink Baltic
The Mushroom Company
Tartufi Morra
Agro Dutch Industries Ltd.
Kulkarni Farm Fresh Pvt
ALTI GUSTI sdn bhd
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Mushrooms and Truffles Market
Button Mushrooms (Agaricus bisporus)
Shiitake Mushrooms (Lentinula edodes)
Portobello Mushrooms (Agaricus bisporus)
Oyster Mushrooms (Pleurotus ostreatus)
Chanterelle Mushrooms (Cantharellus cibarius)
Porcini Mushrooms (Boletus edulis)
Black Truffles (Tuber melanosporum)
White Truffles (Tuber magnatum)
Summer Truffles (Tuber aestivum)
Chinese Truffles (Tuber indicum)
Direct Sales
Retail Outlets
Online Sales
Food Service (Restaurants, Catering)
Food Industry
Pharmaceuticals and Nutraceuticals
Cosmetics and Personal Care
Fresh
Freeze-Dried
Canned
Dried
Powdered
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Mushrooms and Truffles Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Mushrooms and Truffles Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Mushrooms and Truffles Market, By Type
6. South Korea Mushrooms and Truffles Market, By Application
7. South Korea Mushrooms and Truffles Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Mushrooms and Truffles Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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