Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 59.27 Billion | USD 147.19 Billion | 9.5% | 2024 |
The global mushroom market size was worth around USD 59.27 Billion in 2024 and is predicted to grow to around USD 147.19 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 9.5% between 2025 and 2034.
The report analyzes the global mushroom market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the mushroom industry.
Escalating awareness pertaining to intake of functional diet has produced boom in new era. Mushroom, being a functional constituent of diet, is widely consumed owing to its medicinal & nutritional property. Mushrooms belong to ascomycetes and have anti-oxidant & anti-microbial features. Reportedly, the product is rich source of immune-modulating & anti-cancer agents. They possess health-promoting features and are high source of new pharmaceuticals. Mushrooms find slew of applications in healthcare sector for treatment of skin disorders and AIDS. In addition to this, Mushrooms are anti-allergic and can be used as anti-choresterol, anti-cancer, and anti-tumor agents.
These products have high proportion of carbohydrates, xylans, like chitin, beta & alpha glucans, galactans, hemicellulose, and mannans. This has prompted their use as probiotics. It confers benefit to hosts through inhibition of exogenous pathogens.
Rise in trend of consuming vegan diet across globe has become a key growth factor of mushroom market. High nutritional contents found in mushrooms have made their use popular in diet. Furthermore, ability of mushroom to reduce oxidative stress and need for minimizing risk of chronic diseases will open new growth avenues for mushroom industry. In addition to this, mushroom is a major source of myochemical and can boost defense mechanism of population. This will prop up use and penetration of product in diet, thereby driving market trends.
Moreover, surge in health awareness will pave a way for expansion of mushroom market. Apart from this, rise in funding of commercial cultivation activities will steer progression of mushroom industry. A prominent increment in fresh mushroom demand owing to growing preference for organic diet has culminated into rapid expansion of mushroom market.
The global mushroom market is segmented based on Product, Form, Category, Distribution Channel, Application, and region.
Based on Product, the global mushroom market is divided into Button, Shiitake, and Oyster.
On the basis of Form, the global mushroom market is bifurcated into Fresh and Processed.
By Category, the global mushroom market is split into Fresh Mushroom, Dried Mushroom, Canned Mushroom, Frozen Mushroom, And Others.
In terms of Distribution Channel, the global mushroom market is categorized into Supermarket and Hypermarket.
By Application, the global Mushroom market is divided into Food, Cosmetics, and Pharmaceuticals.
Report Attributes | Report Details |
---|---|
Report Name | Mushroom Market |
Market Size in 2024 | USD 59.27 Billion |
Market Forecast in 2034 | USD 147.19 Billion |
Growth Rate | CAGR of 9.5% |
Number of Pages | 176 |
Key Companies Covered | OKECHAMP S.A., Weikfield Foods Pvt. Ltd., Monaghan Mushrooms, Monterey Mushrooms Inc., Prime Fresh Ltd., Drinkwater Mushrooms Ltd, Agro Dutch Industries Limited, Scelta Mushrooms BV, Bonduelle, Modern Mushroom Farms, Hughes Mushroom, Banken Champignons BV, and Kulkarni Farm Fresh Private Limited., and others. |
Segments Covered | By Product, By Form, By Category, By Distribution Channel, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2024 |
Forecast Year | 2025 to 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific Market To Experience Lucrative Surge Over Forecasting Years
Expansion of mushroom market in APAC in forecasting years can be attributed to rise in disposable income of population in countries such as China. Apart from this, surging intake of mushroom in Asia nations such as India and Japan will open new vistas of growth in region over forecasting timespan. Additionally, acceptance of new methods of mushroom cultivation in sub-continent will enlarge scope of industry in forthcoming years. Presence of reputed manufacturers in region will culminate into humungous regional market expansion over upcoming years.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the mushroom market on a global and regional basis.
The global mushroom market is dominated by players like:
By Product
By Form
By Category
By Distribution Channel
By Application
By Region
FrequentlyAsked Questions
The global mushroom market is expected to grow due to rising consumer demand for plant-based protein, increasing health consciousness, and growing adoption in the food and pharmaceutical industries.
According to a study, the global mushroom market size was worth around USD 59.27 Billion in 2024 and is expected to reach USD 147.19 Billion by 2034.
The global mushroom market is expected to grow at a CAGR of 9.5% during the forecast period.
Asia-Pacific & Europe is expected to dominate the mushroom market over the forecast period.
Leading players in the global mushroom market include OKECHAMP S.A., Weikfield Foods Pvt. Ltd., Monaghan Mushrooms, Monterey Mushrooms Inc., Prime Fresh Ltd., Drinkwater Mushrooms Ltd, Agro Dutch Industries Limited, Scelta Mushrooms BV, Bonduelle, Modern Mushroom Farms, Hughes Mushroom, Banken Champignons BV, and Kulkarni Farm Fresh Private Limited., among others.
The report explores crucial aspects of the mushroom market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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