Expand Smarter in the Mushroom Market – With This 2025–2034 Forecast Report

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How has the mushroom market size changed in recent years, and what is the outlook ahead?
The mushroom market size has grown strongly in recent years. It will grow from $66 billion in 2024 to $71.62 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the increasing vegan population, the increased awareness about the health benefits of mushrooms, and the rise in demand for processed foods.

The mushroom market size is expected to see rapid growth in the next few years. It will grow to $105.54 billion in 2029 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to the increasing government support, rapid urbanization, the rising demand for food products, the increasing vegetarian population, the rising population, and the growing number of health-conscious consumers. Major trends in the forecast period include increasing investments in mushroom farms, focusing on strategic acquisition to expand their market presence, investing in advanced technology to reduce production time and cost, focusing on developing new and innovative mushroom varieties, and focusing on product innovations.

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Global Mushroom Market 2025

What are the top economic and technological drivers pushing mushroom market growth?
The increasing demand for a vegan diet is expected to propel the growth of the mushroom market. A vegan or plant-based diet excludes all animal products, meat, dairy, and eggs. Many consumers are moving towards vegan diets due to health, animal welfare, and environmental concerns, and because of this, the consumption of mushrooms is increasing. For example, in 2022, according to Cook Unity, a US-based company that offers flexible and convenient meal delivery plans that match customer needs and tastes, 5% to 6% of Americans who don't consume meat or fish will declare themselves vegetarians. Additionally, in December 2021, according to the Plant Based Foods Association, a US-based food association, plant-based food sales are rising, expanding 6.2% in 2021 over a record-breaking year of growth in 2020. Thus, the rising demand for a vegan diet is driving the mushroom market.

How is the mushroom market segmented by product, application, and end-user?
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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Global Mushroom Market 2025

What are the most notable trends influencing investment in the mushroom sector?
Companies in the market are focusing on investing in advanced technology to reduce production time and cost and gain a competitive advantage. For instance, in 2023, the BioInnovation Lab in the Kennesaw State University’s College of Science and Mathematics launched the automated mushroom product technology, MycoLogic. MycoLogic allows farmers to grow a higher quantity and better quality of specialty mushrooms in 40-foot shipping containers equipped to create conditions optimized for growth.

Which leading companies are dominating the mushroom market 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

Which geographic areas are expected to offer the highest growth opportunities in themushroom 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.

How Can Companies Use The Mushroom Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.

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Global Mushroom Market 2025

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Global Mushroom Market 2025

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