Press release
Mushroom Market - Global Industry Size Projected to Reach USD 119.76 Billion by 2033 | Growing at CAGR of 5.80%
The latest report by IMARC Group, titled "Mushroom Market Report by Mushroom Type (Button Mushroom, Shiitake Mushroom, Oyster Mushroom, and Others), Form (Fresh Mushroom, Canned Mushroom, Dried Mushroom, and Others), Distribution Channel (Supermarkets and Hypermarkets, Grocery Stores, Online Stores, and Others), End-Use (Food Processing Industry, Food Service Sector, Direct Consumption, and Others), and Region 2025-2033", offers a comprehensive analysis of the global mushroom market forecast. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.How Big is the Mushroom Market?
The global mushroom market size reached USD 71.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 119.8 Billion by 2033, exhibiting a growth rate (CAGR) of 5.8% during 2025-2033.
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Global Mushroom Market Dynamics:
Increasing Demand for Plant-Based and Alternative Protein Sources:
Much of the growth that the global mushroom marketplace is seeing is largely influenced by the increased acceptance of sustainable and plant-based protein sources. With the rise of health and environmental consciousness among consumers, there is an increasing pivot towards more sustainable and healthier food choices. Since mushrooms are rich in proteins, vitamins, and minerals, they are slowly being accepted as a suitable replacement for animal proteins. This is further supplemented with the ever-growing population of vegans and vegetarians across the globe.
Moreover, mushrooms are praised in other areas of cooking, where they can be used as meat substitutes and even as other form of nutritious functional ingredients. Healthy mushroom-based food products are being introduced into the market such as burgers, sausages, and snacks. In addition, the eco-friendliness of mushroom farming, which is far less demanding in resources and space than traditional cattle farming, supports the movement to reduce carbon emissions. Therefore, there is immense potential for the growth of the mushroom market over the next forthcoming periods, as there are predictions of a continuous increase in demand for mushrooms in the future.
Growing Awareness of Mushrooms Medicinal and Functional Benefits:
With the rise of the understanding of the medicinal benefits of mushrooms, there has been a spike in their global demand. The global market for mushrooms is expanding thanks to reishi, shiitake, and lion's mane, which are recognized for their immune-boosting, anti-inflammatory, and cognitive-enhancing properties. Consumers are seeking natural functional foods that aid in overall well-being owing to the increase in chronic diseases and strong focus on preventive healthcare. This has increased the use of mushrooms in dietary supplements, nutraceuticals, and functional beverages.
Also, the pharmaceutical sector is considering utilizing bioactive compounds from mushrooms for drug development. Moreover, the growing adoption of mushroom in different therapeutic methods of medicine, especially in Asia pacific, has boosted this market. With continuous research and discovery in the medical benefits of mushrooms, it is only logical to expect that pertains interest to remain strong, making these products marketable. Undoubtedly, this is fostering new insights in product development to enable a competitive edge, which is a cost-effective way for industry leaders to diversify and increase their market share in the healthcare and wellness industry.
Technological Advancements in Mushroom Cultivation and Processing:
Innovative strategies in twiddling and processing of mushroom around the globe are boosting productivity, quality, and sustainability. Modern agriculture construction, such as controlled environment cultivation (CEA) and vertical farms, enables the use of plastic and mushrooms during slack seasons to lower efforts and resources lose. New emerging technologies in CEA and AI are increasing amounts of automation to the industry, allowing systems to monitor the growing conditions, assure quality, and lower the amount of waste produced.
In addition, new practices in post harvest handling, such as preserving, freeze-drying, and extraction methods to add nutrients and functional substances, help to broaden the shelf and cupboard life of mushrooms for use in other industries. This improvement brought the efficiency and production expenses. Subsequent to these, the industry would be able to meet the needs of wider range users. Moreover, agricultural waste and substrate materials used in mushroom cultivation helps to abandon agriculture practice and grow in alignment with principles of economies circulation. If the industry continues to strive towards innovation, growth of the mushroom market is inevitable as top demand is on high quality and simple use of emerald mushrooms.
According to the research report, here are some of the top leading companies operating in the mushroom industry:
• Agro Dutch Industries Ltd.
• Bonduelle Fresh Europe
• Drinkwater Mushrooms Ltd.
• Monaghan Mushrooms Inc.
• Monterey Mushrooms Inc.
• OKECHAMP S.A.
• Shanghai Finc Bio-Tech Inc.
• The Mushroom Company
Contact Out Analysts for Brochure Requests, Customization, and Inquiries Before Purchase: https://www.imarcgroup.com/request?type=report&id=2017&flag=C
Global Mushroom Market Trends:
The global mushroom market is expected to change drastically with the ongoing shifts in consumer behavior and technology. A major trend is the assimilation of mushrooms in a wider variety of functional foods and beverages as a response to the growing demand for health products. Other trends influencing the market include the increase in clean-label and organic products as consumers become more health-conscious. Furthermore, mushroom products are now easily available around the world due to the growth of e-commerce, which further increases market growth.
Sustainability is still important as more and more attention is being placed on eco-friendly cultivation methods and modern sustainable packaging solutions. There is also an increase in the number of partnerships between food manufacturers and mushroom growers as the industry accelerates its efforts to supply innovative products to modern consumers. Now that people know more about the nutritional value and health benefits of mushrooms, they will most likely use them in a broader spectrum of industries instead of just food and drugs. Combined, these trends show that the mushroom market is headed towards more innovation, sustainability, and growth.
Global Mushroom Industry Segmentation:
Breakup by Mushroom Type:
• Button Mushroom
• Shiitake Mushroom
• Oyster Mushroom
• Others
Breakup by Form:
• Fresh Mushroom
• Canned Mushroom
• Dried Mushroom
• Others
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Grocery Stores
• Online Stores
• Others
Breakup by End-Use:
• Food Processing Industry
• Food Service Sector
• Direct Consumption
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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