Mushroom Market: Global Industry Outlook and Forecast (2024-2030)

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Mushroom Market was valued at USD 60.69 Billion in 2023, and it is expected to reach USD 115.30 Billion by 2030, exhibiting a CAGR of 9.6 % during the forecast period (2024-2030)

Mushroom Market Overviews

Maximize Market Research is an Mushroom# research firm that has published a detailed analysis of the “Mushroom Market”. MMR in-depth market assessments in research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, focuses on the analysis of high-tech systems and advanced production systems. The Mushroom market report includes key business insights, demand analysis, pricing analysis, and competitive landscape.

Mushroom Market Scope and Methodology:

The market for mushrooms was estimated to be worth USD 60.69 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.6% to reach USD 115.30 billion by 2030. (2024-2030)
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Mushroom Market Regional Insights

North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa make up the majority of the Mushroom market segments. The study includes a detailed analysis of the market size, growth rate, import and export by region, and other factors. The Mushroom market status of the various countries featured in the research is provided by the Regional Analysis.

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Mushroom Market Segmentation

by Type

Button Mushroom
Shiitake Mushroom
Oyster Mushroom
Others

The market for mushrooms worldwide is divided into four segments: oyster mushrooms, button mushrooms, shiitake mushrooms, and others. With a 61.8% market share in 2023, the Button Mushroom category had the biggest share. Because of their antioxidant qualities and shorter incubation period for their spores, they are widely farmed all over the world. Furthermore, throughout the course of the forecast period, the market is anticipated to expand as a result of their lower costs when compared to their competitors. On the other hand, throughout the course of the forecast period, the worldwide mushroom market is anticipated to develop at the highest CAGR of 7.3% for the shiitake sector. Due to their mouthwatering taste and several health advantages, they come in fresh and premium forms, such as dried.
by Form Type

Fresh Mushroom
Processed Mushroom
Dried Mushroom
Frozen Mushroom
Canned Mushroom
Others

Fresh and processed mushrooms make up the two segments of the worldwide mushroom market. With 89.7% of the market, the Fresh Mushroom category had the biggest share in 2023. Fresh mushrooms are in high demand due to consumer preferences for uncooked and organic foods. Fresh products have a limited shelf life, which makes distribution challenging for suppliers and manufacturers. On the other hand, growing emerging technologies and the use of packaging in a changed environment have removed the constraints imposed by the short shelf life of mushrooms, leading to a growth in the market.
by Distribution Channel

Hypermarkets and Supermarkets
Conventional Store
Others

Over the course of the projection period, the hypermarket/supermarket is anticipated to dominate the market. 38.3% of sales in 2023 will come from supermarkets and hypermarkets, which are the primary distribution channels for mushrooms. The penetration of supermarkets and hypermarkets is higher in developed regions like North America and Europe than in developing ones. Supermarkets and hypermarkets were the primary distribution channels for this product as of 2023 due to their abundance of options in one place and ease of purchasing. Supermarket and hypermarket expansion has been hindered by shifting consumer preferences and growing competition from online grocers offering cheap mushrooms.
by Application

Food Processing Industry
Retail Outlets
Food Services
Others

In 2023, the market was dominated by the food application segment. With an 86.8% sales share in 2023, the food application category led the pack. This application considers how households and food services use both fresh and processed versions. Mushrooms have very little salt and gluten, and they are low in fat and cholesterol. Important components including vitamins, minerals, proteins, and selenium can also be found in mushrooms. It is therefore becoming more and more popular among clients who are health-conscious and workout enthusiasts. Customers choose food items and beverages that are healthy and contain nutrients from natural or clean sources. To capitalize on this trend, food and beverage companies are developing dishes and beverages based on mushrooms.

 

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Mushroom Market Key Players

1. Drinkwater’s Mushrooms Ltd
2. Lutece Holdings B.V.
3. Okechamp S.A.
4. The Mushroom Company
5. Bonduelle SCA
6. Monterey Mushrooms Inc.
7. Costa Group Holdings Limited
8. Shanghai Finc Bio Tech Inc.
9. Monaghan Mushrooms Ltd.
10. CMP Mushrooms Greenyard NV
11. Fresh Stock
12. Agro Dutch Industries Ltd
13. Hughes Mushroom
14. Modern Mushroom Farms
15. Scelta Mushrooms BV
16. The California Mushroom Farms Inc
17. Banken Champignons
18. Ecolink Baltic
19. Kulkarni Farm Fresh Pvt. Ltd
20. Weikfield Foods Pvt. Ltd.

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Key questions answered in the Mushroom Market are:

  • What is Mushroom?
  • What was the Mushroom market size in 2023?
  • What is the growth rate of the Mushroom Market?
  • Which are the factors expected to drive the Mushroom market growth?
  • What are the different segments of the Mushroom Market?
  • What growth strategies are the players considering to increase their presence in Mushroom?
  • What are the upcoming industry applications and trends for the Mushroom Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Mushroom Market?
  • Who are the leading companies and what are their portfolios in Mushroom Market?
  • What segments are covered in the Mushroom Market?
  • Who are the key players in the Mushroom market?

 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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