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The global mushroom market is projected to grow from USD 60.69 billion in 2023 to USD 115.30 billion by 2030, at a CAGR of 9.6%. This growth is driven by increasing consumer demand for plant-based and nutrient-rich food options, advancements in mushroom cultivation technologies, and expanding culinary applications. North America is witnessing a surge in demand for organic and functional mushrooms, while Europe remains a key market due to health-conscious consumers. Asia-Pacific dominates as the largest producer and consumer, benefiting from traditional dietary habits and growing supplement usa
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Mushroom MarketGlobal Analysis Report 2024-2030 Published by : Falguni Research analyst
Market Size & Overview: The global mushroom market was valued at approximately USD 60.69 billion in 2023 and is projected to reach nearly USD 115.30 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.6% during the forecast period. This growth is driven by increasing consumer demand for nutritious and low-calorie food options, as well as the rising popularity of plant-based diets.
Market Growth & Opportunities Health and Wellness Trends : Consumers are increasingly seeking foods rich in essential nutrients, leading to a higher demand for mushrooms known for their health benefits, including immune support and disease risk reduction. Technological Advancements in Cultivation : Investments in smart automation and controlled environment agriculture are enhancing mushroom production efficiency, reducing labor costs, and improving yield quality. Expansion in Culinary Applications : The versatility of mushrooms in various cuisines and the development of new mushroom-based products offer opportunities for market expansion. Sample Request
Market Segmentation • by Distribution Channel • Hypermarkets and Supermarkets • Conventional Store • Others • by Application • Food Processing Industry • Retail Outlets • Food Services • Others • by Type • Button Mushroom • Shiitake Mushroom • Oyster Mushroom • Others • by Form Type • Fresh Mushroom • Processed Mushroom • Dried Mushroom • Frozen Mushroom • Canned Mushroom • Others
Regional Analysis: North America : The market is experiencing growth due to a shift towards plant-based diets and increased awareness of mushrooms' nutritional benefits. Europe : Holding a significant market share, Europe's growth is driven by health-conscious consumers and the integration of mushrooms into traditional and modern cuisines. Asia-Pacific (APAC) : As the largest producer and consumer, APAC's market is propelled by traditional culinary uses and the incorporation of mushrooms into health supplements.
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Merges and Acquisition • South Mill Champs' Acquisition of The Mushroom Company : In 2020, South Mill Champs, a leading North American mushroom supplier, acquired The Mushroom Company, aiming to expand its product offerings and distribution network. • Monaghan Mushrooms' Merger with Walkro : Monaghan Mushrooms merged with Walkro, a major producer of mushroom substrate, to enhance its production capabilities and supply chain efficiency. • Costa Group's Acquisition of Mushroom Exchange : Australia's Costa Group acquired Mushroom Exchange to strengthen its position in the fresh produce market and expand its mushroom production capacity. Buy This Report
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