According to a research report published by Spherical Insights & Consulting, the Global Mushroom Market Size Expected to Grow from USD 65.3 Billion in 2023 to USD 125.4 Billion by 2033, at a CAGR of 6.74% during the forecast period 2023-2033.

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A mushroom is a fungal organ that resembles the fruit of a plant. These are highly enriched by riboflavin, potassium, vitamin D, selenium, and other healthy nutrients for humans. Clinical and preclinical research has indicated that it encourages healthy immunity, weight management, and overall health performance. It could also lower the incidence of conditions such as prostate cancer and breast cancer, thereby adding to the increase in consumption and sales performance. Organic farming and sustainability are popular trends nowadays, showing the orientation of consumers to environment-friendly products. The mushroom market has ties to rapidly expanding demands for diets that have medicinal value and are nutrient-dense and low-fat. An increase in processed mushroom usage in Western countries increases exports from the key mushroom producers of Asia. Besides these, government investments in quality types for export markets and expansion of exotic mushroom production fuel global market growth. However, market barriers exist concerning management and environmental factors for mushroom cultivation. Furthermore, other allergic types, such as oyster mushrooms, suppress regular growth and increase production costs.

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Mushroom Market Size, Share, and COVID-19 Impact Analysis, By Mushroom Type (Button Mushroom, Shiitake Mushroom, Oyster Mushroom, and Others), By Distribution Channel (Supermarkets and Hypermarkets, Grocery Stores, Online Stores, and Others), By End-Use (Food Processing Industry, Food Service Sector, Direct Consumption, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The button mushroom segment is anticipated to hold the largest share of the global mushroom market during the forecast period.

Based on mushroom type, the global mushroom market is categorized as button mushroom, shiitake mushroom, oyster mushroom, and others. Among these, the button mushroom segment is anticipated to hold the largest share of the global mushroom market during the forecast period. The growth is attributed to button mushrooms, which are characterized by their plentiful cultivation and widespread popularity. The button mushroom is one of the species enjoyed by a large number of consumers because of its mild taste and fleshy texture. Primarily, this type is used in salads, soups, and other dishes.

The supermarkets and hypermarkets segment is expected to grow at the fastest pace during the forecast period.   

Based on the distribution channel, the global mushroom market is categorized as supermarkets and hypermarkets, grocery stores, online stores, and others. Among these, the supermarkets and hypermarkets segment is expected to grow at the fastest pace during the forecast period. The segmental growth is due to the industry of fresh mushrooms budding because of its flexibility in various cuisines, plus the increasing number of people concerning fine, fresh, or pure ingredients. The crisp texture and natural flavor of fresh mushrooms make dishes better and even more appealing to consumers looking for fine culinary experiences at retail as well as food service.

The food processing industry segment is expected to hold the largest share of the global mushroom market during the forecast period.

Based on end use, the global mushroom market is categorized as the food processing industry, food service sector, direct consumption, and others. Among these, the food processing industry segment is expected to hold the largest share of the global mushroom market during the forecast period. The growth is driven due to there being now processed mushrooms in ready-to-eat meals, soups, sauces, and even snacks where flavor and nutrition come together. Their portability caters to the increasing consumer desire for convenience and a reduction in meal preparation time. This ultimately means that mushrooms can now be considered extremely important inputs among food processing ingredients, thereby bringing about a large boost and growth of the market from their nutritional benefits as well as versatility.

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Europe is projected to hold the largest share of the global mushroom market over the forecast period.

Europe is projected to hold the largest share of the global mushroom market over the forecast period. The diverse European market for mushroom products, mixing age-old cuisines with a strong agricultural economy and changing attitudes toward health and well-being, is thriving. Button mushrooms, shiitake mushrooms, and oyster mushrooms all appear in numerous popular recipes, demonstrating the continent’s understanding of their nutritional value. Moreover, with an already well-established cultivation and delivery infrastructure, Europe has cemented its position as a leader in the global mushroom market.

North America is expected to grow at the fastest CAGR of the global mushroom market during the forecast period. As mushrooms become popular in demand across the continent, there is yet another phenomenon that speaks of the rapidly rising consumption of plant-based diets, food creativity, and improvement in one’s awareness of the health benefits gained from consuming mushrooms. The merged cultivation and delivery networks in North America, continentally rich in vibrant food culture, guarantee such a continent’s position as one of the major players in the global mushroom market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global mushroom market are Drinkwater Mushrooms, Greenyard, Monaghan Group, Monterey Mushroom, Inc., OKECHAMP S.A, Shanghai Fengke Biological Technology Co., Ltd, The Mushroom Company, Bonduelle Group, Costa Group, CMP Mushroom, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In December 2023, Applied Food Sciences, Inc. an American dietary supplement company recently launched a range of organic functional mushrooms. The varieties of mushrooms include Lion’s Mane, Cordyceps, Reishi, and Chaga, sourced from Finland.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global mushroom market based on the below-mentioned segments:

Global Mushroom Market, By Mushroom Type

• Button Mushroom
• Shiitake Mushroom
• Oysters Mushroom
• Others

Global Mushroom Market, By Distribution Channel

• Supermarket And Hypermarket
• Grocery Stores
• Online Stores
• Others

Global Mushroom Market, By End Use

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

Global Mushroom Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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