Share on

Global Edible Mushroom Market Market Size, Share, Trends, Covid-19 Impact & Growth Forecast Report Analysis By Type (Button, Shiitake, And Oyster), Application (Fresh Mushrooms And Processed Mushrooms (Dried, Frozen, And Canned)), and Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Industry Analysis (2024 To 2029)

Published: March, 2023
ID: 4527
Pages: 175
Formats: report pdf report excel report power bi report ppt

Global Edible Mushroom Market Size (2024 to 2029)

The size of the global edible mushroom market is expected to be worth USD 62.55 billion in 2024 and grow at a CAGR of 7.13% from 2024 to 2029 and worth USD 88.26 billion by 2029. The global edible mushroom market is anticipated to showcase an evident potential during the forecast period and will continue to gain momentum with the rapid development in the food industry.

Edible mushrooms are so, fleshy and fruity fungi and are generally grouped as vegetables. Edible Mushrooms are one of the most popular foods across the world because of the variety they offer. Edible Mushrooms are rich in many nutrients, mainly proteins. They are a vital ingredient in the dishes of many countries. Edible mushrooms are species of microfungi that have edible fleshy bodies and are grown for consumption. Edible mushrooms are strong in dietary value and are also eaten as a part of their health advantages. Mushrooms are a vitamin, selenium, and potassium-rich source. They assist in improving the metabolism of the body and reducing cholesterol as well. Mushrooms are also eaten for medicinal purposes as the risk of cardiovascular diseases is known to be reduced. Mushrooms are small in saturated fat and high in fiber content, which tends to increase their demand among customers who are health conscious. They have low levels of sodium and gluten that tend to add to their nutrition. Edible Mushrooms are soft, fleshy, and fruity fungi and are generally grouped as vegetables. Edible Mushrooms are one of the most popular foods across the world because of the variety they offer. Edible Mushrooms are rich in many nutrients, mainly proteins. They are a vital ingredient in the dishes of many countries.

The global edible mushroom market has experienced significant growth in the recent past. The demand for edible mushrooms is on the rise worldwide due to the growing awareness among consumers regarding the nutritional value and potential medicinal properties of edible mushrooms. Nowadays, people have been increasingly adopting plant-based protein sources due to changes in dietary preferences and a growing number of turning vegetarian. Mushrooms have gained popularity as one of the promising plant-based protein sources, and this awareness is growing rapidly among consumers and resulting in the increased demand for these products.

In the coming future, the global market for edible mushrooms is anticipated to witness substantial growth due to the wide variety of mushroom species and products available in both fresh and processed forms.

Global Edible Mushroom Market Drivers:

The rising awareness of the nutritional value and health benefits of edible mushrooms, such as immune-boosting properties and cholesterol reduction among consumers worldwide is one of the key factors propelling the global market growth. Highly nutritious, Potassium, riboflavin, selenium, and Vitamin D are all abundant in them. They've been proved to be quite beneficial in terms of developing resistance, controlling weight, and reducing the risks of many chronic conditions. The most well-known edible mushroom varieties are shitake, button, oyster, paddy, smooth, and reishi. Used meat substitutes with the growing food-eating culture of veganism, edible mushrooms around the world are being tried and developed to serve as a meat protein substitute. The texture and the quality of the mushroom flesh help in the simulation of a vegan substitute for the meat version. The edible mushroom market has caught on to this early, and if they are able to harness this, then demand is expected to skyrocket. Short shelf life, like mushrooms, belongs to the fungi family which thrives in specific conditions, they are susceptible to a change in their storing conditions. Once mushrooms are packaged in plastic packets, they tend to have a shelf life ranging between one to five days due to moisture. 

The growing demand for plant-based protein sources is another notable attribute of the global edible mushroom market growth. Edible mushrooms serve as a nutritious alternative to meat and turned into an attractive option to consumers who have been seeking plant-based protein options. The rising adoption of vegan and vegetarian diets is contributing to the growth rate of the global market. The global edible mushroom market is tapping into the growing culture of veganism as mushrooms are used to simulate the texture of meat. It is a great substitute for meat, and the industry can harness this to grow its sales volume. An increasing trend in the consumer’s attitude to switch to a healthier lifestyle can be another opportunity. Mushrooms, which are considered superfoods as they are very healthy, are a very attractive option for consumers looking for a healthy food option. Lack of proper equipment and cultivation houses, growing mushrooms is very meticulous as it requires the soil to be moist and at the right pH level, atmospheric humidity, etc. for it to grow and propagate. Also, the farming space and storage facility will be very capital-intensive. Quality of spawn also matters a lot as it decides the yield, if the quality of spawn is low then there are high chances that yield will be quite low and vice versa. A good quality yield should also be disease-free.

Other factors such as continuous innovation in mushroom cultivation techniques to improve yield, quality, and efficiency, the versatile use of mushrooms in various food products, including soups, sauces, and snacks, and the growing consumption of mushrooms in restaurants, cafes, and catering services are promoting the growth of the edible mushroom market.

Global Edible Mushroom Market Restraints:

Factors such as limited shelf life and perishability of fresh mushrooms, seasonal variations in mushroom production and challenges in transportation and logistics are primarily hampering the growth of the edible mushroom market. Difficult and expensive to transport, as edible mushrooms have a short shelf life, it is difficult to transport them around the world. The logistics involved increasing the final cost to the consumer, which makes this a niche segment. A great example of this would be the shitake mushrooms, they are native to Japan, when they are transported from Japan to another country their cost increases, which is restraining the growth of the edible mushroom market. 

REPORT COVERAGE: 

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

7.13%

Segments Covered

By Type, Distribution Channel, Application, And Region.

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Costa Group, Okechamp S.A, Monterey Mushrooms Inc, Monaghan Mushrooms, Drinkwater's Mushroom Ltd, The Mushroom Company, Shanghai Finc Bio-Tech Inc, CMP Mushrooms Green yard NV (Lutèce), Bonduelle SA, Intended Audience.

  

This research report on the edible mushroom market has been segmented and sub-segmented based on type, distribution channel, application, and region. 

Global Edible Mushroom Market - Based on Type:

  • Button
  • Shiitake
  • Oyster

Based on type, the button segment held 46.88% of the global market share in 2023 and emerged as the dominating segment. The growth of the button segment is majorly attributed to the growing usage of button mushrooms in salads, soups and others. The low cost of cultivation and high nutritional value of button mushrooms are further propelling the expansion of the button segment in the global market. The demand for button mushrooms is growing significantly. The consumption of button mushrooms is high in countries such as the United States, China, and India.

Other segments, such as shiitake and oyster accounted for a substantial share of the worldwide market in 2023 and are anticipated to register steady growth during the forecast period.

Global Edible Mushroom Market – By Application:

  • Fresh Mushrooms
  • Processed Mushrooms
  • Dried
  • Frozen
  • Canned

Based on application, the fresh mushrooms segment captured 41.7% of the global market share in 2023 and stood as the most dominating segment in the global edible mushroom market. The domination of the fresh mushrooms segment is attributed to their easy availability and growing acceptance from consumers. The rise of vegetarian and vegan diets is also boosting the consumption of fresh mushrooms and contributing to the segmental expansion. For instance, the global consumption of fresh mushrooms surpassed 10 million metric tons in 2021.

Global Edible Mushroom Market - By Distribution Channel:

  • Store Based
    • Supermarkets/Hypermarkets
    • Specialty Retailer
    • Convenience Stores
  • Non-Store Based (E-Commerce)

Based on the distribution channel, the store-based segment held the largest share of the global market in 2023 and the domination of the segment is anticipated to continue throughout the forecast period. The store-based distribution channel has been offering convenient access to fresh produce and a wide variety of mushroom species to consumers. The widespread presence of supermarkets, grocery stores, and specialty food outlets and the ability that stores offer for consumers to inspect and select mushrooms based on quality, freshness, and variety are further boosting the growth of the store-based segment.

Global Edible Mushroom Market – By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Europe emerged as the top-performing regional segment for edible mushrooms globally in 2023 and is anticipated to showcase a prominent CAGR during the forecast period. The growing production activities of fiber-rich food commodities from the countries of the European region have an impact on the high volume of production of edible mushrooms. Due to a changing pattern of food consumption, the European edible mushroom market is projected to showcase promising growth during the forecast period. The growing popularity of vegetarian and vegan diets and the presence of established mushroom cultivation regions in Europe are majorly fuelling the growth rate of the European market. Poland, the Netherlands and France are the major manufacturers of mushrooms in Europe.

North America accounted for a substantial share of the global market in 2023 and is expected to grow at a healthy CAGR during the forecast period. The growth of North American is majorly attributed to the growing awareness among consumers of the nutritional benefits of mushrooms and the expansion of mushroom cultivation facilities. The U.S captured 70.8% of the North American market share in 2023.

The Asia-Pacific region is expected to register the highest CAGR of 8.86% during the forecast period due to the increasing popularity of mushroom-based functional foods, government initiatives to promote mushroom farming, and the rise of e-commerce platforms for mushroom sales.

KEY MARKET PLAYERS:

Companies that play a key role in the global edible mushroom market include Costa Group, Okechamp S.A, Monterey Mushrooms Inc., Monaghan Mushrooms, Drinkwater's Mushroom Ltd, The Mushroom Company, Shanghai Finc Bio-Tech Inc., CMP Mushrooms Green yard NV (Lutèce), Bonduelle SA and Intended Audience. The major manufacturers of mushrooms have been investing in research to develop hybrid mushrooms with even more fiber and less fat content. Apart from that, a lot of companies are experimenting with the conditions to figure out the ideal conditions to produce the mushrooms. These advancements are expected to push the market forward by a substantial amount.

Please wait. . . . Your request is being processed

FAQ's

1.What are the nutritional benefits of consuming edible mushrooms?

Edible mushrooms are low in calories and fat but rich in essential nutrients, including protein, fiber, vitamins, and minerals. They are an excellent source of B vitamins, such as riboflavin (B2), niacin (B3), and pantothenic acid (B5), as well as minerals like selenium, potassium, and copper. Mushrooms are also known for their antioxidant properties, which help protect cells from damage caused by free radicals and support overall health and well-being.

2.What are the main uses of edible mushrooms in culinary applications?

Soups and stews: Mushrooms add depth of flavor and umami richness to soups, stews, and broth-based dishes, enhancing the overall taste and complexity of the dish.

Stir-fries and sautés: Mushrooms can be quickly cooked in a hot skillet or wok with other vegetables, proteins, and sauces, creating flavorful and nutritious stir-fry dishes.

3.What factors are driving the growth of the edible mushroom market?

Increasing consumer awareness of the health benefits and nutritional value of mushrooms, leading to higher demand for fresh and processed mushroom products.Growing interest in vegetarian and plant-based diets, with mushrooms serving as a versatile and flavorful meat substitute in a variety of recipes.

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample