Mushroom Market Size to Reach USD 119.76 Billion by 2033, Expanding at a CAGR of 5.80%

Market Overview:

The mushroom market is experiencing rapid growth, driven by the growing popularity of plant-based foods, health and wellness volumes, and sustainable agriculture practices. According to IMARC Group's latest research publication, "Mushroom Market Size, Share, Trends and Forecast by Mushroom Type, Form, Distribution Channel, End-Use, and Region, 2025-2033", the global mushroom market size was valued at USD 71.81 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 119.76 Billion by 2033, exhibiting a CAGR of 5.80% during 2025-2033.

This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

Grab a sample PDF of this report: https://www.imarcgroup.com/mushroom-market/requestsample

Our report includes:

● Market Dynamics
● Market Trends and Market Outlook
● Competitive Analysis
● Industry Segmentation
● Strategic Recommendations

Growth Factors in the Mushroom Market

• The Growing Popularity of Plant-Based Foods

The increased consumer adoption of plant-based diets is providing a substantial opportunity for the mushroom industry. Mushrooms not only have a meat-like consistency but also an umami taste which makes them perfect for burgers, stir-fries, and tacos. Firms such as Beyond Meat use mushrooms in their products to appeal to both vegetarians and flexitarians. Health-conscious consumers also appreciate mushrooms because they are low in calories and full of essential nutrients such as B and D vitamins. The combination of the need for these foods and the growing demand for nutritious and sustainable options has resulted in the development of supplemented lines of mushroom products in supermarkets and restaurants, thus, supporting market growth.

• Health and Wellness Volumes

Mushroom species such as reishi, lion's mane, and chaga are increasingly appreciated for their anti-cancer and cognitive-supporting qualities. This has helped them gain popularity in the market. For Sigmatic is a wellness brand that benefits from selling mushroom-based coffee and coffee supplements. These products are appealing to consumers due to natural fatigue fighting compounds that are found in mushrooms such as beta glucans. This has made pharmacies and health stores stock products that boost immunity thereby pushing the market forward.

• Sustainable Agriculture Practices

Mushrooms have the unique features of being sustainable as they do not require too much land, energy resources, and water compared to crops or livestock. This is especially important for consumers and industries that are focused on eco-friendly practices.

A good example are small-scale urban farms like Back to the Roots in the U.S. which grow mushrooms on recycled coffee grounds. Controlled environments also make it possible to grow mushrooms all year round. As sustainability becomes the primary focus for these consumers and policy makers, the low environmental footprint of mushrooms positions them as a sustainable key player for the future of agriculture helping expand the market.

Key Trends in the Mushroom Market

• Products with Functional Mushrooms

The market has been continuously evolving with the emergence of functional mushrooms, which brought forth products such as powders, capsules, and drinks. Brands such as Om Mushrooms have taken advantage of this by providing blends with combination products like cordyceps and turkey tail for their energizing and immunity-boosting benefits. These items capture the attention of the ever-growing population of natural health seekers.

A good example would be the infusion of mushrooms in coffees and teas which are now offered in gyms and cafes, thus making them a part of everyday life. Moreover, scientific research on the bioactive compounds of mushrooms bolsters this trend, leading to their incorporation in wellness regimens, thus making functional mushrooms one of the primary factors contributing to the evolution of the market.

• Meat Substitutes from Mushrooms

The focus on plant-based diets has mushroom's prominence as a substitute for meat. Its fibrous structure makes it suitable for meat, aiding in the production of Quorn's mushroom-based patties as well as Impossible Foods' blends. The hamburger chain Shake Shack is also using mushrooms to make burger patties.

This meets the expectation of people who desire animal cruelty free and sustainable diets without restricting their taste buds. Mushrooms, especially portobello and oysters, have a broad range of culinary uses and thus strengthen its position as a pillar of the plant-based diet and a new expanding section of the mushroom industry.

• Local Production and Urban Farming

New York's Smallhold is a forerunner in growing mushrooms such as blue oyster and shiitake using hydroponic methods in suburban warehouses. This innovation is revolutionizing the mushroom industry by making consumption and production more convenient. Furthermore, Sperry says that this new approach directly responds to customers wanting localized and more sustainably sourced foods, reducing transportation emissions.

Located in the city, these farms also raise awareness by providing workshops and engage the public through grow your own mushroom kits. As urban areas develop sustainable food systems, urban mushroom farming is blooming. It is revitalizing the economy by providing better quality local products, creating jobs, and expanding markets.

Buy Now Full Report: - https://www.imarcgroup.com/checkout?id=2017&method=1670

Leading Companies Operating in the Global Mushroom Market 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

Mushroom Market Report Segmentation:

Analysis by Mushroom Type:

• Button Mushroom
• Shiitake Mushroom
• Oyster Mushroom
• Others
Analysis by Form:

• Fresh Mushroom
• Canned Mushroom
• Dried Mushroom
• Others

Analysis by Distribution Channel:

• Supermarkets and Hypermarkets
• Grocery Stores
• Online Stores
• Others

Analysis by End-Use:

• Food Processing Industry
• Food Service Sector
• Direct Consumption
• Others

Regional Insights:

● North America (United States, Canada)
● Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
● Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
● Latin America (Brazil, Mexico, Others)
● Middle East and Africa

Research Methodology:

The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

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

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.