Mycologic Launches Automated Mushroom Production For Enhanced Quality And Yield Industry Trends Gaining Momentum in the Global Mushroom Market

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Mushroom Market Size Growth Forecast: What to Expect by 2025?
The size of the mushroom market has seen a significant increase over the past few years. The market, which was worth $66 billion in 2024, is projected to rise to $71.62 billion in 2025, experiencing a compound annual growth rate (CAGR) of 8.5%. The boost in the mushroom industry during the historic time-frame can be credited to dynamic economic expansion in upcoming markets, a rising number of vegans, heightened awareness of the health advantages of mushrooms, and an escalating demand for processed foods.

How Will the Mushroom Market Size Evolve and Grow by 2029?
Expectations for the mushroom market suggest a swift expansion in the coming years, with projections showing it increasing to a grand total of $105.54 billion in 2029. This translates to a compound annual growth rate (CAGR) of 10.2%. This growth trajectory during the forecast period is due to a variety of factors including stronger government backing, accelerated urban development, amplified demand for food products, an expanding vegetarian demographic, population growth, and a surge in health-minded consumers. Emerging trends for this period involve greater investments allocated towards mushroom farming, a tactical focus on acquisitions to broaden market reach, capital invested into cutting-edge technology to enhance production efficiency and decrease costs, the development of novel and improved mushroom variations, and centered efforts on product innovation.

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What Drivers Are Propelling the Growth of Mushroom Market Forward?
The mushroom market is expected to surge due to the growing preference for a vegan diet. This diet, which excludes all animal products such as meat, dairy, and eggs, is becoming more popular as people become more health-conscious and concerned about animal welfare and the environment, leading to a boost in mushroom consumption. For instance, Cook Unity, a US-based company that provides versatile and tailor-made meal delivery services, noted that 5% to 6% of Americans who refrain from eating meat or fish will identify as vegetarians in 2022. Furthermore, the Plant Based Foods Association, another US-based food organization, reported that plant-based food sales are on an upward trend, rising 6.2% in 2021 following a record growth year in 2020. Therefore, it is apparent that the mushroom market is being fueled by the swelling interest in a vegan diet.

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Which Emerging Trends Are Transforming the Mushroom Market in 2025?
The focus of businesses in the market is to invest in cutting-edge technology to achieve efficiency in production, cost-effectiveness and gain a strategic edge over competitors. Take for example the year 2023, when the BioInnovation Lab at Kennesaw State University's College of Science and Mathematics unveiled MycoLogic, an automated technology for mushroom production. This technology enables farmers to cultivate specialty mushrooms of superior quality and in larger quantities inside specially designed 40-foot shipping containers, equipped to provide optimal growth conditions.

What Are the Key Segments in the Mushroom Market?
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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Who Are the Key Players Shaping the Mushroom Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Mushroom Market?
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.

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