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Mushroom Market Growth Trends, Key Players and Future Outlook | 2024-2030

Mushroom Market was valued at USD 60.69 Bn in 2023 and is expected to reach USD 115.30 Bn by 2030, driven by rising demand, automation, and health benefits.
Published 10 March 2025

Mushroom Market Size Worth USD 115.30 Billion by 2030, Growing at a CAGR of 9.6% | Analysis by Recent Trends and Forecast Report

The worldwide Mushroom Market is expected to rise at a compound annual growth rate (CAGR) of 9.6% to an estimated value of about 115.30 billion dollars by 2030.

Investment plans include constructs for dynamic mushroom harvesting containers and distribution centers to be located across India and abroad, and are emerging from a surge in consumer health awareness related to the benefits of mushrooms, technological advances in production methods, and demand for sustainable plant-based foods.

Trends, Drivers and Opportunities in the Market

There are several factors that aid in the growth of the mushroom market:

Health and Nutritional Benefits of Mushrooms: Mushrooms are great sources rich in riboflavin, potassium, vitamin D, and selenium. Their consumption has been associated with supporting immune health, aiding in weight management, and decreasing the risk of chronic diseases including prostate and breast cancer.

Technological Innovations in Cultivation: The mushroom industry has adapted to the modern era with substantial investments in automation and smart technologies to streamline production processes. For example, Panbo Systems BV unveiled a cutting-edge production line of computer-controlled systems and robots, boosting output by more than 300%. These automation minimizes costs and enhances yield quality.

Zooming In: Trends in the Mushroom Sector Mushrooms are often marketed as a healthy meat alternative and benefit from the growing shift towards plant-based diets as more consumers adopt vegetarian and vegan lifestyles. Like you come across latest data in this way and trained until decade, This trend in turn is contributing to demand across different culinary applications.

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Segmentation Analysis

By Type: The market is segmented into button, shiitake, oyster, and others. Button mushrooms are the most popular — because they're so popular in the kitchen and easy to farm. Specialty mushrooms, such as shiitake and oyster, are still gaining ground because of their different flavors and health benefits, however.

By Form: Mushrooms come in fresh, dried, and processed types. Fresh segment accounted for the largest share of the market due to a growing preference for unprocessed and natural foods. Dried and processed pieces are also on the rise, driven by their long shelf life and convenience.

By Distribution Channel: Supermarkets/Hypermarkets, Specialty Stores, Online, and Others. Supermarkets/hypermarkets are at the forefront due to extensive reach and variety. How are we entering into 2023Online platforms are evolving more rapidly, providing ease to consumers and range of products.

By Application: Mushrooms are used in food, nutraceuticals, cosmetics and pharmaceutical. While the culinary segment still holds a lion's share of the market, the incorporation of mushrooms for use in nutraceuticals and functional foods is on the rise, owing to the health-boosting capabilities reported about mushrooms.

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Regional Analysis

United States: The growth of the U.S. market is fueled by rising awareness of the benefits of functional foods and plant-based diets. Market Growth: New Products Mushroom-based supplements and meat alternatives are driving innovation in the market.

Germany: The German market for organic and sustainable food production is also quite strong. With the consumer shift towards high-quality and eco-conscious products, demand for locally sourced and specialty mushrooms is on the rise.

China: Being one of the leading producers and consumers of mushrooms in the world, China is experiencing an ever-growing marketplace. Demand is being driven by traditional culinary uses and modern applications in health supplements.

Japan: The market in Japan is driven by traditional dietary practices incorporating a variety of mushroom species. That focus on health and longevity drives consumption of both common and specialty mushrooms.

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Competitor Analysis

There are a couple of major players in an otherwise competitive mushroom market:

Top 5 Mushroom Exporters Monaghan Mushrooms Monaghan Mushrooms is the international mushroom producer and is the world's biggest mushroom supplier.

South Mill Champs is one of the largest producers of mushrooms in North America, supplying both fresh and processed mushroom products.

You have data until October 2023.

Bonduelle Fresh Europe: Produces a wide range of canned and frozen vegetables, such as mushrooms, to serve diverse consumer needs.

Costa Group: The largest grower, packer, and marketer of fresh mushrooms in Australia focusing on the domestic and export market.

Recent Developments

Marks & Spencer's Functional Mushroom Drinks: In February 2025, the British supermarket chain Marks & Spencer became the first major grocery retailer to launch a range of functional juices supplemented with adaptogenic mushrooms including “reishi shots” designed for cognitive health and stress relief.

Potency of Psychedelic Mushrooms: If you are reading this article years down the road when the medicial community has finally accepted psychedelics for the cure, you'll know about this topic.

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Conclusion

The worldwide market for mushrooms is set for major growth, fuelled by greater health awareness, technological advancements in production, and a trend towards sustainable food sources. The trends of going vegan and frugality are strong opportunities for manufacturers and suppliers to invest in diverse, high-quality mushroom products, aligning with shining and evolving consumer preferences.

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