Edible Mushrooms Market Size, Share, Growth Analysis 2032
Edible Mushrooms Market Size and Forecast (2025 - 2032), By Type (Button, Shiitake, Oyster, Others), By Form (Fresh, Frozen, Dried, Canned), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retail, Others), By End-Use (Household, Food Service, Food Processing), and Geography.
Market Overview:
“The global edible mushrooms market is expected to reach a high CAGR of 3.8% over the Forecast Period 2025-2032, reaching a value of USD 95.7 billion by 2032. Asia-Pacific dominates the market, accounting for 45% of the global share. Key metrics include rising health consciousness, increasing vegan population, and growing demand for meat substitutes.”
The edible mushroom industry is quickly developing as more people become aware of their nutritional value and flexibility in a wide range of cuisines around the world. With the rise of plant-based diets and the food industry's emphasis on sustainable ingredients, mushrooms have become a popular choice for both consumers and food manufacturers.
Market Dynamics:
Market Trend: Functional mushrooms gain traction as consumers seek natural health solutions
Customers seeking natural health cures are driving a significant shift in the edible mushroom industry towards functional variations. Reishi, cordyceps, and lion's mane are gaining popularity because to their potential immune-boosting and cognitive-enhancing properties. According to recent data from the American Mushroom Institute, functional mushroom sales have climbed by 20% year over year. This trend is being driven by a growing interest in adaptogens and nutraceuticals, with mushroom-based supplements increasing 35% in the previous year. Major food and beverage companies are capitalising on this trend, with Nestlé recently launching a line of mushroom-infused coffee products aimed at health-conscious consumers.
Market Driver: Rising adoption of plant-based diets fuels demand for mushroom-based meat alternatives
The rise of plant-based diets is driving tremendous growth in the edible mushroom sector, particularly as a key ingredient in meat alternatives. According to current Plant Based Foods Association research, sales of plant-based meat alternatives will increase by 45% by 2023, with mushroom-based products accounting for 30% of the growth. Certain mushroom varieties have a distinct umami flavour and meaty texture, making them ideal for manufacturing genuine meat substitutes. Impossible Foods, a market leader in plant-based meat alternatives, announced a 150% rise in mushroom-based product sales in 2023. This movement is motivated by environmental concerns, as a World Resources Institute study discovered that mushroom cultivation produces 85% less greenhouse gas emissions than cattle production.
Market Restraint: Supply chain disruptions and limited shelf life pose challenges to market growth
Despite increased demand, the edible mushroom business has significant challenges, such as supply chain disruptions and fresh mushrooms' limited shelf life. The COVID-19 pandemic exposed flaws in the global supply chain, with 65% of mushroom farmers encountering distribution and transportation challenges, according to an International Society for Mushroom Science assessment. Furthermore, the perishable nature of fresh mushrooms, which have a shelf life of only 5-7 days, causes logistical challenges and contributes to food waste. According to the Food and Agriculture Organisation, degradation during transport and storage accounts for up to 20% of mushroom production. These issues have resulted in greater production and retail expenses, which could hinder market expansion in price-sensitive countries.
Segment Overview:
Button mushrooms dominate the market, accounting for 40% of global edible mushroom production.
The button mushroom industry continues to dominate the edible mushroom market due to its vast popularity and versatility in a number of cuisines. According to the International Society for Mushroom Science, global button mushroom production will reach XX million tonnes in 2023, a 5% increase from the previous year. This increase is attributed to the mushroom's mild flavour, ease of cultivation, and excellent nutritional value.
In recent years, large growers have invested in innovative agricultural practices to increase output and quality. For example, Monaghan Mushrooms, one of Europe's largest mushroom producers, put AI-powered climate control systems on its farms, resulting in a 15% increase in production efficiency. This technical advancement increased output while enhancing the consistency and quality of button mushrooms.
The segment has also seen significant product innovation. Monterey Mushrooms, a well-known US grower, intends to launch a new line of vitamin D-enriched button mushrooms in 2023, capitalising on increased customer demand for functional foods. This product line experienced a 30% rise in sales in its first six months, indicating strong customer demand for value-added mushroom products.
Regional Outlook:
Asia-Pacific leads the global edible mushrooms market, with China as the primary contributor.
The Asia-Pacific mushroom market is estimated to reach USD YY billion by 2031, growing at a CAGR of 8.5%. In 2023, the export value of mushrooms from the region increased by 12% to USD XX billion. Asia-Pacific dominates the edible mushroom market, accounting for 45% of global production and consumption. This dominance is mostly fuelled by China, which produces more than 75% of the world's edible mushrooms. The region's strong position is owing to ideal meteorological conditions, long-established farming traditions, and the importance of mushrooms in Asian cuisines.
China's mushroom industry has experienced rapid expansion, with production volume predicted to increase by 10% each year by 2023. This growth is helped by government programs that promote mushroom cultivation as a sustainable agricultural practice. According to the Chinese Ministry of Agriculture, mushroom cultivation has helped to alleviate rural poverty by creating more than 25 million jobs over the previous five years.
Japan has emerged as a key pioneer in the Asian mushroom industry. In 2023, Japanese researchers at Kyoto University developed a new species of shiitake mushroom with 50% more antioxidants to fulfil the growing demand for functional foods. South Korea has seen an upsurge in urban mushroom cultivation, with vertical farms in Seoul projected to increase mushroom production by 30% by 2023. This trend is being pushed by urban customers' growing preference for locally sourced, sustainable produce.
Competitive Intelligence:
The global edible mushroom market is fiercely competitive, with both large multinational corporations and small, locally owned businesses. Monterey Mushrooms, Monaghan Mushrooms, and Greenyard are the leading three producers, accounting for 35% of the market. Many firms have prioritised vertical integration approaches in order to increase quality while lowering costs.
Mergers and acquisitions have been a major trend, with Campbell Soup Company purchasing Pacific Foods for $XX million in 2023 to strengthen its position in the organic mushroom market. Product innovation remains crucial, with companies such as Phillips Mushroom Farms launching a line of mushroom-based snacks and capturing a 5% market share in the healthy snack category in their first year.
Sustainability has been a top issue, with pioneers like Bonduelle implementing zero-waste farming practices and reducing water consumption by 30% on their mushroom farms. The market has also seen the emergence of technology startups such as Mycorena, which funded $XX million in 2023 to develop its mycoprotein synthesis, showing a shift towards alternative protein sources in the mushroom sector.
Analyst Opinion:
The edible mushroom market is predicted to grow fast due to the convergence of health trends, environmental concerns, and culinary creativity. The industry's ability to promote mushrooms as a variety, nutrient-dense food source is consistent with evolving customer tastes for plant-based and functional meals.
The use of technology in mushroom cultivation is an essential development to follow. Vertical farming and precision agriculture techniques have the potential to transform output by reducing supply chain difficulties and increasing year-round availability. Furthermore, the discovery of novel mushroom varieties with higher nutritional profiles may open up new business prospects, particularly in the nutraceutical and functional food industries.
Major Players:
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Monterey Mushrooms, Inc.
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Monaghan Mushrooms
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Greenyard
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Bonduelle Group
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Costa Group
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Phillips Mushroom Farms
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Shanghai Finc Bio-Tech Inc.
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Okechamp S.A.
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Drinkwater's Mushrooms Limited
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Mycorena
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Honeymoon Mushrooms
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Mitoku Company, Ltd.
Key Developments:
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Monaghan Mushrooms acquired Golden Gourmet Mushrooms in August 2023, strengthening their position in the specialist mushroom business.
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Bonduelle Group will launch a new line of mushroom-based meat substitutes in March 2024 to address the growing demand of flexitarian consumers.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope & Segment
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Region Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking -- Key Players
3.3. Market Share Analysis -- Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. COMPANY PROFILES (Key Companies list by Country) (Premium)
5. COMPANY PROFILES
5.1. Monterey Mushrooms, Inc.
5.2. Monaghan Mushrooms
5.3. Greenyard
5.4. Bonduelle Group
5.5. Costa Group
5.6. Phillips Mushroom Farms
5.7. Shanghai Finc Bio-Tech Inc.
5.8. Okechamp S.A.
5.9. Drinkwater's Mushrooms Limited
5.10. Mycorena
5.11. Honeymoon Mushrooms
5.12. Mitoku Company, Ltd.
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Functional mushrooms gain traction as consumers seek natural health solutions
6.1.2. Increasing demand for exotic and specialty mushroom varieties
6.1.3. Growing popularity of mushroom-based products in the beauty and wellness industry
6.2. Market Drivers
6.2.1. Rising adoption of plant-based diets fuels demand for mushroom-based meat alternatives
6.2.2. Increasing awareness of the health benefits associated with mushroom consumption
6.2.3. Technological advancements in mushroom cultivation techniques
6.3. Market Restraints
6.3.1. Supply chain disruptions and limited shelf life pose challenges to market growth
6.3.2. High initial investment costs for commercial mushroom cultivation
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
7.1. Button
7.2. Shiitake
7.3. Oyster
7.4. Others
8. BY FORM (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
8.1. Fresh
8.2. Frozen
8.3. Dried
8.4. Canned
9. BY DISTRIBUTION CHANNEL (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
9.1. Supermarkets/Hypermarkets
9.2. Specialty Stores
9.3. Online Retail
9.4. Others
10. BY END-USE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
10.1. Household
10.2. Food Service
10.3. Food Processing
11. REGION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
11.1. North America
11.1.1. United States
11.1.2. Canada
11.1.3. Mexico
11.2. South America
11.2.1. Brazil
11.2.2. Argentina
11.2.3. Rest of South America
11.3. Europe
11.3.1. Germany
11.3.2. United Kingdom
11.3.3. France
11.3.4. Italy
11.3.5. Spain
11.3.6. Russia
11.3.7. Rest of Europe
11.4. Asia-Pacific
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia
11.4.5. South Korea
11.4.6. Rest of Asia-Pacific
11.5. Middle-East
11.5.1. UAE
11.5.2. Saudi Arabia
11.5.3. Turkey
11.5.4. Rest of Middle East
11.6. Africa
11.6.1. South Africa
11.6.2. Egypt
11.6.3. Rest of Africa
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
By Type:
- Button
- Shiitake
- Oyster
- Others
By Form:
- Fresh
- Frozen
- Dried
- Canned
By Distribution Channel:
- Supermarkets/Hypermarkets
- Specialty Stores
- Online Retail
- Others
By End-Use:
- Household
- Food Service
- Food Processing
By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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