Press release
Mushroom Market to Reach USD 138.48 Billion by 2032, Growing at a CAGR of 9.6%
Mushroom Market
According to a new report by Maximize Market Research, the global Mushroom Market was valued at USD 66.51 Billion in 2024 and is projected to reach USD 138.48 Billion by 2032, growing at a CAGR of 9.6%. Increasing demand for nutrient-rich, low-fat food, coupled with the rising vegan population and advancements in automated cultivation, is driving market expansion across North America, Europe, and Asia-Pacific.
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Key Highlights:
Market size expected to grow from USD 66.51 Billion (2024) to USD 138.48 Billion by 2032 at 9.6% CAGR.
Leading segment by type: Button Mushroom (61.8% market share in 2024).
Fastest-growing segment: Shiitake Mushroom (7.3% CAGR).
Largest form segment: Fresh Mushroom (89.7% market share).
Key growth drivers: Health-conscious consumption, use as meat alternative, processed variants demand.
Prominent companies: Panbo Systems BV and other leading mushroom producers investing in smart automation.
Market Outlook
The global mushroom market is witnessing substantial growth driven by increasing health awareness and the rising trend of plant-based diets. Edible mushrooms, rich in riboflavin, potassium, vitamin D, and selenium, are increasingly incorporated into dietary supplements, smoothies, soups, and sauces. The adoption of automated production technologies has improved yields and efficiency, enhancing market opportunities.
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Regional Insights
North America and Europe are witnessing strong demand due to high consumer awareness and preference for fresh and organic mushrooms. Asia-Pacific remains a significant production hub, with export opportunities fueled by processed mushroom demand in Western countries.
Key Players
Companies such as Panbo Systems BV are investing in high-tech control systems, robots, and environmental monitoring to enhance yield, reduce labor costs, and expand production capacity. Strategic investments in smart automation are expected to drive competitive advantages in the coming years.
Looking to gain insights into market trends? Explore the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-mushroom-market/26848/
Quote:
Growing consumer preference for nutritious, low-fat foods, coupled with the rise of plant-based diets, presents a lucrative opportunity for mushroom producers worldwide," said an industry analyst at Maximize Market Research.
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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