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Mushroom Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2025
Length 156 Pages
SKU # FOB20106850

Description

Growth Factors of Mushroom Market

The global mushroom market has witnessed significant growth over recent years, driven by rising health awareness, growing demand for plant-based protein, and the increasing popularity of functional and organic foods. According to Fortune Business Insights, the mushroom market size was valued at USD 61.52 billion in 2023 and is projected to grow from USD 65.49 billion in 2024 to USD 112.87 billion by 2032, registering a compound annual growth rate (CAGR) of 7.1% during the forecast period.

This growth is underpinned by the expanding consumption of mushrooms as a meat substitute, their inclusion in nutraceuticals, and the rapid global rise of vegan and vegetarian diets.

Market Drivers

The key driver of the mushroom market is the nutritional richness of mushrooms, which are high in proteins, fiber, antioxidants, and essential vitamins like B-complex and D. These properties make mushrooms an ideal ingredient for health-conscious consumers seeking low-fat, low-calorie foods that support immune health, gut function, and overall wellness.

The rising trend of meat alternatives and plant-based diets is also fueling demand. Mushrooms, especially varieties like portobello, shiitake, and oyster, are being used as substitutes in burgers, soups, and snacks due to their umami flavor and meaty texture. This trend is particularly strong in North America and Europe.

Another growth factor is the increasing awareness around functional and medicinal mushrooms, such as reishi, lion’s mane, and chaga, which are used in dietary supplements, teas, powders, and capsules. These mushrooms are widely recognized for their adaptogenic properties and are gaining popularity across nutraceutical and pharmaceutical sectors.

Market Segmentation Overview

The mushroom market is segmented based on type, form, end-use, distribution channel, and region.

By Type: Key mushroom types include button, shiitake, oyster, and others. The button mushroom segment holds the largest share due to its wide culinary applications and affordability.

By Form: Includes fresh, dried, frozen, and canned mushrooms. The fresh segment leads the market owing to strong consumer preference and availability.

By End-Use: Segmented into food service, retail, and industrial applications. Food service and retail dominate, with expanding use in restaurants, processed food, and home cooking.

By Distribution Channel: Comprises supermarkets/hypermarkets, specialty stores, online retail, and others. Online retail is expected to witness the fastest growth, driven by convenience and the popularity of e-commerce.

Regional Insights

Asia Pacific holds the largest market share and is expected to maintain its dominance during the forecast period. Countries such as China, India, Japan, and South Korea are both major producers and consumers of mushrooms. China alone accounts for over 75% of global mushroom production, supported by favorable climate, availability of raw materials, and established cultivation practices.

Europe is the second-largest market, with rising demand for organic and functional mushrooms. Countries like Germany, the Netherlands, and Poland are prominent suppliers and exporters within the region.

North America is experiencing rapid growth, driven by the surge in vegetarian diets, demand for organic produce, and popularity of functional food products. The U.S. market is particularly strong in the premium and specialty mushroom segment.

Competitive Landscape

The mushroom market is fragmented and competitive, featuring a mix of global players, regional producers, and specialty mushroom cultivators. Key companies include:

Monaghan Mushrooms

South Mill Champs

Costa Group

Bonduelle Group

Okechamp S.A.

Monterey Mushrooms, Inc.

Banken Champignons

Shanghai Finc Bio-Tech Inc.

Hirano Mushroom LLC

The Mushroom Company

These companies are focusing on expanding production capacity, adopting sustainable cultivation practices, and launching value-added mushroom products such as ready-to-eat snacks, powders, and supplements.

Conclusion

The mushroom market is on a strong growth trajectory, supported by rising consumer health consciousness, demand for alternative proteins, and the medicinal value of certain mushroom species. With advancements in controlled environment agriculture and growing acceptance of fungi-based nutrition, the global market is poised for sustained, healthy growth in the years to come.

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Volume (Million Tonnes)

Growth Rate CAGR of 7.18% over 2024 to 2032

Segmentation

By Type

Button

Shiitake

Oyster

Others

By Form

Fresh

Frozen

Dried

Canned

By Geography

North America (By Type, Form, and Country)

U.S. (By Type)

Canada (By Type)

Mexico (By Type)

Europe (By Type, Form, and Country)

Netherlands (By Type)

Spain (By Type)

France (By Type)

U.K. (By Type)

Germany (By Type)

Rest of Europe (By Type)

Asia Pacific (By Type, Form, and Country)

China (By Type)

India (By Type)

Japan (By Type)

Australia (By Type)

Rest of Asia Pacific (By Type)

South America (By Type, Form, and Country)

Brazil (By Type)

Argentina (By Type)

Rest of South America (By Type)

Middle East & Africa (By Type, Form, and Country)

South Africa (By Type)

Israel (By Type)

Rest of ME&A (By Type)

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Table of Contents

156 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview on the Parent/Related Market
4.1.1. Analysis on Supply and Demand of Raw Material (Mushrooms)
4.2. Supply Chain & Regulatory Analysis
4.3. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches
4.4. Market Analysis and Insights (in Relation with COVID-19)
4.4.1. Impact of COVID-19 on the Market
4.4.2. Supply Chain Challenges due to the Pandemic
4.4.3. Potential Opportunities to Support the Market during the Global Crisis
5. Global Mushroom Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Type (Volume)
5.2.1.1. Button
5.2.1.2. Shiitake
5.2.1.3. Oyster
5.2.1.4. Others
5.2.2. By Form (Volume)
5.2.2.1. Fresh
5.2.2.2. Frozen
5.2.2.3. Dried
5.2.2.4. Canned
5.2.3. By Region (Volume)
5.2.3.1. North America
5.2.3.2. Europe
5.2.3.3. Asia Pacific
5.2.3.4. Rest of the World
6. North America Mushroom Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Type (Volume)
6.2.1.1. Button
6.2.1.2. Shiitake
6.2.1.3. Oyster
6.2.1.4. Others
6.2.2. By Form (Volume)
6.2.2.1. Fresh
6.2.2.2. Frozen
6.2.2.3. Dried
6.2.2.4. Canned
6.2.3. By Country (Volume)
6.2.3.1. U.S.
6.2.3.1.1. By Form (Volume)
6.2.3.1.1.1. Fresh
6.2.3.1.1.2. Frozen
6.2.3.1.1.3. Dried
6.2.3.1.1.4. Canned
6.2.3.2. Canada
6.2.3.2.1. By Form (Volume)
6.2.3.2.1.1. Fresh
6.2.3.2.1.2. Frozen
6.2.3.2.1.3. Dried
6.2.3.2.1.4. Canned
6.2.3.3. Mexico
6.2.3.3.1. By Form (Volume)
6.2.3.3.1.1. Fresh
6.2.3.3.1.2. Frozen
6.2.3.3.1.3. Dried
6.2.3.3.1.4. Canned
7. Europe Mushroom Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Type (Volume)
7.2.1.1. Button
7.2.1.2. Shiitake
7.2.1.3. Oyster
7.2.1.4. Others
7.2.2. By Form (Volume)
7.2.2.1. Fresh
7.2.2.2. Frozen
7.2.2.3. Dried
7.2.2.4. Canned
7.2.3. By Country (Volume)
7.2.3.1. Netherlands
7.2.3.1.1. By Form (Volume)
7.2.3.1.1.1. Fresh
7.2.3.1.1.2. Frozen
7.2.3.1.1.3. Dried
7.2.3.1.1.4. Canned
7.2.3.2. Spain
7.2.3.2.1. By Form (Volume)
7.2.3.2.1.1. Fresh
7.2.3.2.1.2. Frozen
7.2.3.2.1.3. Dried
7.2.3.2.1.4. Canned
7.2.3.3. France
7.2.3.3.1. By Form (Volume)
7.2.3.3.1.1. Fresh
7.2.3.3.1.2. Frozen
7.2.3.3.1.3. Dried
7.2.3.3.1.4. Canned
7.2.3.4. U.K.
7.2.3.4.1. By Form (Volume)
7.2.3.4.1.1. Fresh
7.2.3.4.1.2. Frozen
7.2.3.4.1.3. Dried
7.2.3.4.1.4. Canned
7.2.3.5. Germany
7.2.3.5.1. By Form (Volume)
7.2.3.5.1.1. Fresh
7.2.3.5.1.2. Frozen
7.2.3.5.1.3. Dried
7.2.3.5.1.4. Canned
7.2.3.6. Rest of Europe
7.2.3.6.1. By Form (Volume)
7.2.3.6.1.1. Fresh
7.2.3.6.1.2. Frozen
7.2.3.6.1.3. Dried
7.2.3.6.1.4. Canned
8. Asia-Pacific Mushroom Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Type (Volume)
8.2.1.1. Button
8.2.1.2. Shiitake
8.2.1.3. Oyster
8.2.1.4. Others
8.2.2. By Form (Volume)
8.2.2.1. Fresh
8.2.2.2. Frozen
8.2.2.3. Dried
8.2.2.4. Canned
8.2.3. By Country (Volume)
8.2.3.1. China
8.2.3.1.1. By Form (Volume)
8.2.3.1.1.1. Fresh
8.2.3.1.1.2. Frozen
8.2.3.1.1.3. Dried
8.2.3.1.1.4. Canned
8.2.3.2. India
8.2.3.2.1. By Form (Volume)
8.2.3.2.1.1. Fresh
8.2.3.2.1.2. Frozen
8.2.3.2.1.3. Dried
8.2.3.2.1.4. Canned
8.2.3.3. Japan
8.2.3.3.1. By Form (Volume)
8.2.3.3.1.1. Fresh
8.2.3.3.1.2. Frozen
8.2.3.3.1.3. Dried
8.2.3.3.1.4. Canned
8.2.3.4. Australia
8.2.3.4.1. By Form (Volume)
8.2.3.4.1.1. Fresh
8.2.3.4.1.2. Frozen
8.2.3.4.1.3. Dried
8.2.3.4.1.4. Canned
8.2.3.5. Rest of Asia-Pacific
8.2.3.5.1. By Form (Volume)
8.2.3.5.1.1. Fresh
8.2.3.5.1.2. Frozen
8.2.3.5.1.3. Dried
8.2.3.5.1.4. Canned
9. South America Mushroom Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Type (Volume)
9.2.1.1. Button
9.2.1.2. Shiitake
9.2.1.3. Oyster
9.2.1.4. Others
9.2.2. By Form (Volume)
9.2.2.1. Fresh
9.2.2.2. Frozen
9.2.2.3. Dried
9.2.2.4. Canned
9.2.3. By Country (Volume)
9.2.3.1. Brazil
9.2.3.1.1. By Form (Volume)
9.2.3.1.1.1. Fresh
9.2.3.1.1.2. Frozen
9.2.3.1.1.3. Dried
9.2.3.1.1.4. Canned
9.2.3.2. Argentina
9.2.3.2.1. By Form (Volume)
9.2.3.2.1.1. Fresh
9.2.3.2.1.2. Frozen
9.2.3.2.1.3. Dried
9.2.3.2.1.4. Canned
9.2.3.3. Rest of South America
9.2.3.3.1. By Form (Volume)
9.2.3.3.1.1. Fresh
9.2.3.3.1.2. Frozen
9.2.3.3.1.3. Dried
9.2.3.3.1.4. Canned
10. Middle East & Africa Mushroom Market Analysis, Insights and Forecast, 2019-2032
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Type (Volume)
10.2.1.1. Button
10.2.1.2. Shiitake
10.2.1.3. Oyster
10.2.1.4. Others
10.2.2. By Form (Volume)
10.2.2.1. Fresh
10.2.2.2. Frozen
10.2.2.3. Dried
10.2.2.4. Canned
10.2.3. By Country (Volume)
10.2.3.1. South Africa
10.2.3.1.1. By Form (Volume)
10.2.3.1.1.1. Fresh
10.2.3.1.1.2. Frozen
10.2.3.1.1.3. Dried
10.2.3.1.1.4. Canned
10.2.3.2. Israel
10.2.3.2.1. By Form (Volume)
10.2.3.2.1.1. Fresh
10.2.3.2.1.2. Frozen
10.2.3.2.1.3. Dried
10.2.3.2.1.4. Canned
10.2.3.3. Rest of MEA
10.2.3.3.1. By Form (Volume)
10.2.3.3.1.1. Fresh
10.2.3.3.1.2. Frozen
10.2.3.3.1.3. Dried
10.2.3.3.1.4. Canned
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Mushroom Market Size Share/Ranking Analysis, By Key Manufacturer
12. Company Profiles
12.1. Weikfield Foods Pvt. Ltd.
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent DevelopHouseholdts
12.2. BioFungi GmbH
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent DevelopHouseholdts
12.3. Monaghan Group
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent DevelopHouseholdts
12.4. Highline Mushrooms
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent DevelopHouseholdts
12.5. Scelta Mushrooms BV
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent DevelopHouseholdts
12.6. Monterey Mushrooms, Inc.
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent DevelopHouseholdts
12.7. Nasza Chata
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent DevelopHouseholdts
12.8. Banken Champignons B.V.
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent DevelopHouseholdts
12.9. Bonduelle Group
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent DevelopHouseholdts
12.10. The Giorgi Companies, Inc.
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent DevelopHouseholdts
13. Appendix

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