The Latin America, Middle East and Africa Mushroom Coffee Market would witness market growth of 8.0% CAGR during the forecast period (2023-2029).
Recent trends in the market include growing knowledge of mushrooms' antioxidant capabilities and related health advantages. Drinks made from mushrooms have the capacity to lower stress, boost energy levels, and even slow down the aging process. Combining instant coffee as well as medicinal mushrooms yields mushroom coffee, which not only tastes delicious but also has all the health advantages of coffee without the normal drawbacks.
Certain varieties of mushrooms may have significant advantages for brain function, including enhanced focus and memory. In addition, mushrooms are well known for their immune-stimulating and anti-inflammatory characteristics. A second element influencing the demand for mushroom coffee is the need for a substitute for regular coffee. Because some people experience jitters or anxiety after drinking normal coffee, mushroom coffee is touted as a method to enjoy coffee's energizing properties without the drawbacks.
As customers get more comfortable using supplements, mushroom-based products are becoming more and more popular. Therefore, the demand for various goods is expected to develop significantly in the coming years as consumers' disposable income in this region rises. Similarly, in Latin America, coffee is a major source of income for many families, and 19 of the top 50 coffee-producing countries are located in this region. According to the International Coffee Organization, Brazil is the world's largest producer of coffee, followed by Colombia in a third place. As a result, the region has a strong consumption of mushroom coffee, which is beneficial for expanding the regional market.
The Brazil market dominated the LAMEA Mushroom Coffee Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $72.4 million by 2029. The Argentina market is experiencing a CAGR of 8.6% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 7.7% during (2023 - 2029).
Based on Form, the market is segmented into Powder and Grounded. Based on Packaging, the market is segmented into Containers/Packets, Sachets and Coffee Pods. Based on Distribution Channel, the market is segmented into Supermarkets/hypermarkets, Convenience Stores and Online. Based on Caffeine Content, the market is segmented into Caffeinated and Decaffeinated. Based on Mushroom Extract, the market is segmented into Chaga, Lion's mane, Cordyceps, Reishi and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Mushroom Coffee Market is Projected to reach USD 3.7 Billion by 2029, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Laird Superfood, Inc., Four Sigmatic, Om Mushroom Superfood, RYZE, Real Mushrooms, Mushroom Cups International, Rheal, NeuRoast, DIRTEA Limited, and La Republica Coffee, Inc.
By Form
By Packaging
By Distribution Channel
By Caffeine Content
By Mushroom Extract
By Country
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