Mushroom Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Mushroom Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Mushroom Market Size and Its Estimated Growth Rate?
The size of the mushroom market has seen significant growth recently and it is projected to expand from a worth of $66 billion in 2024 to $71.62 billion in 2025, demonstrating an 8.5% compound annual growth rate (CAGR). Numerous factors contributed to the growth witnessed during the historic period, such as robust economic progress in developing markets, rising prevalence of veganism, heightened awareness about the health advantages of consuming mushrooms, and the surge in demand for processed food items.

The size of the mushroom market is poised for swift expansion in the forthcoming years, with an anticipated increase to $105.54 billion by 2029, recording a compound annual growth rate (CAGR) of 10.2%. Factors contributing to this expected growth during the forecast period include enhanced government backing, accelerated urbanization, growing food product demand, an increasing vegetarian headcount, demographic growth, and the surge in health-focused consumers. Key trends guiding this period of forecast are mounting investments in mushroom cultivation, strategic takeovers to broaden market impact, investment in cutting-edge technology for production time and cost reduction, the pursuit of developing novel mushroom variants, and a focus on product innovation.

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How Are Emerging Segments Shaping the Mushroom Market Landscape?
The mushroom market covered in this report is segmented -

1) By Type: Button Mushrooms, Shiitake Mushrooms, Oyster Mushrooms, Other Products
2) By Forms: Fresh, Frozen, Dried, Canned
3) By Application: Food Processing, Retail Outlets, Food Services, Other Applications
4) By Distribution Channel: Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online Sales Channel

Subsegments:
1) By Button Mushrooms: Fresh Button Mushrooms, Canned Button Mushrooms, Dried Button Mushrooms
2) By Shiitake Mushrooms: Fresh Shiitake Mushrooms, Dried Shiitake Mushrooms, Shiitake Mushroom Extract
3) By Oyster Mushrooms: Fresh Oyster Mushrooms, Dried Oyster Mushrooms, Oyster Mushroom Powder
4) By Other Products: Enoki Mushrooms, Portobello Mushrooms, Wild Mushrooms

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Which Growth Factors Are Influencing Mushroom Market Expansion?
The mushroom market is anticipated to grow due to the escalating interest in vegan diets. Vegan diets, which avoid all animal-sourced foods including meat, dairy and eggs, are becoming more popular due to reasons pertaining to health, animal rights and environmentalism, thereby increasing mushroom demand. As per Cook Unity, a US-based meal delivery firm providing adaptable and tailored meal plans, it's forecasted that 5% to 6% of Americans abstaining from meat and fish will self-identify as vegetarians in 2022. Furthermore, the Plant Based Foods Association in the US reported in December 2021 that plant-based food sales have surged, marking a 6.2% rise in 2021 compared to an already record smashing 2020. Consequently, the mushroom market is gaining traction due to the escalating preference for vegan diets.

Who Are the Dominant Players Across Different Mushroom Market Segments?
Major companies operating in the mushroom market include Monaghan Mushrooms Ltd, Monterey Mushrooms Inc, Giorgio Fresh Co, South Mill Champs, Costa Group Holdings Limited, Bonduelle Group, Greenyard NV, Scelta Mushroom BV, Drinkwater Mushrooms Ltd, Fresh Lawn Mushroom Pvt. Ltd, Chenab Impex Pvt. Ltd, Nuvedo Labs Pvt Ltd, Shanghai Finc Bio-Tech Inc, Fujian Junyuan Food Co Ltd, White Prince Mushrooms, Agro Dutch Industries Ltd, Kawayo Green Farm, Weikfiield Foods Pvt Ltd, Okechamp SA, CMP Mushrooms, Hughes Group, Nasza Chata, Carleton Mushroom Farms Ltd, Enviro Mushroom Farm Inc, F & A Veggy-Symphony, Highline Mushrooms, Phillips Mushroom Farms, Mushroom King Farm, Kitchen Pride Mushroom Farms, Corporacion Euro Caribe Andina, Brasil Global Trade, Shitakeiroscia Family Brazilian Farm, Natural Cogumelos, Ting Industria E Comercio Ltda, Mn Propolis Industria Comercio E Exportacao Ltda, Alejandro Varela, DF NATURAL, Huerta Dona Elvira, Amoro farm, Kinoko Mushroom Farms, Champignon Farm, Tekoa Farms, Eco Fresh, Below Farm, Kinoko Farms, Highveld Mushrooms, African Mushroom Growers, Medallion Mushrooms, Country Mushrooms Ltd, Denny Mushroom, Mushroom Guru, Mushroom Network, Soko Mushrooms

What Mushroom Market Trends Are Gaining Traction Across Different Segments?
Market-based firms are prioritizing investments in state-of-the-art technology to minimize production expenses and time, consequently gaining a competitive edge. A case in point is the BioInnovation Lab from Kennesaw State University's College of Science and Mathematics which introduced an automated technology for growing mushrooms, MycoLogic, in 2023. MycoLogic, inside 40-foot shipping containers making conditions ideal for growth, enables farmers to increase their yield and improve the quality of specialty mushrooms.

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Which Geographic Regions Are Expected to Dominate the Mushroom Market in the Coming Years?
Asia-Pacific was the largest region in the mushroom market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the mushroom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Mushroom Market?
2. What is the CAGR expected in the Mushroom Market?
3. What Are the Key Innovations Transforming the Mushroom Industry?
4. Which Region Is Leading the Mushroom Market?

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