Edible Mushroom Market Size

Edible Mushroom Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The global edible mushroom market is expected to grow at a CAGR of 4.36% from 2017 to 2023. This growth, coupled with a CAGR of 7.13% from 2023 to 2032, reveals a strong demand trend, driven by changing consumer preferences and increasing health awareness. The rising popularity of mushrooms as a dietary supplement is a response to the growing demand for nutritious foods, rich in vitamins, minerals, and antioxidants. This growth is also fueled by several other factors, including the increased efficiency and yield of mushroom cultivation, which is a result of advances in agricultural technology. And innovations such as controlled environment agriculture and vertical farming are making mushroom cultivation more sustainable and accessible. In addition, key players such as Okechamp S.A., Monaghan Mushrooms, and The Mushroom Company are constantly investing in research and development, to introduce new varieties and improve cultivation techniques. Strategic initiatives, such as product launches and collaborations, are also reshaping the competitive landscape. Companies are investing in organic and specialty mushrooms to meet the rising demand for these products. This competitive environment reflects the potential for sustained growth in the edible mushroom market.

Regional Market Size

Regional Deep Dive

The mushroom market is experiencing a dynamic growth in many regions, due to an increased awareness of health, versatility and sustainability. North America is characterized by a strong demand for organic and locally produced mushrooms, while Europe is characterized by a long tradition of mushroom consumption, which has led to many innovations. Asia-Pacific is the largest producer and consumer of mushrooms in the world and is experiencing rapid developments in cultivation techniques and a growing trend towards gourmet mushrooms. Middle East and Africa are gradually embracing the mushroom due to a change in dietary preferences, while Latin America is experiencing a mushroom farming boom backed by local governments.

North America

• Consequently, a large number of mushrooms were imported.
• For example, a new breed of mushroom farmers has been set up in China, combining the cultivation of mushrooms with the horticultural science of vertical farming and controlled environment agriculture.
• Organic mushroom production is booming. With the support of the United States Department of Agriculture, more and more farmers are switching to organic production, which is in line with the growing demand for organic products from consumers.

Europe

• It is thanks to the European Union, which has adopted strict rules on hygiene and quality, that the quality of mushrooms has been improved, which has been of great benefit to companies such as Bonduelle.
• In the past few years there has been a growing trend towards the use of exotic and gourmet mushrooms. In France and Italy, for example, the mushroom is becoming more and more a part of the menus of the more exclusive restaurants.
• The mushroom industry has also developed to meet the needs of the local food supply and the mushroom industry is also part of the sustainable food system of the European Union.

Asia-Pacific

• China is the world's largest producer of edible mushrooms, and the cultivation and yield of mushrooms are continuously improved, and the cultivation of mushrooms is also an important part of the national economy.
• A boom in the sale of mushrooms with special properties, such as reishi and lion’s mane, has been pushed by the growing demand for health food. The Hokkaido reishi Co. has been leading the market.
• In Japan, the government has taken a great interest in promoting the cultivation of mushrooms as a means of increasing the income of the country and of increasing its agricultural production.

MEA

• The growing health consciousness among consumers in the UAE and South Africa is driving the mushroom market.
• Local gastronomy has been influenced by the mushroom, which is a fusion of mushrooms in traditional dishes, and chefs and restaurateurs are interested in the local varieties.
• Agricultural diversification programmes have encouraged mushroom production. The agro-industrial complexes of countries like Kenya and the United Republic of Tanzania have given smallholders training and material.

Latin America

• In Brazil and Mexico, the mushroom industry is booming, largely because of government programs that encourage sustainable farming and provide financial assistance to farmers.
• The mushroom is a super-food, and the mushroom is super-healthy, and this is why companies like Champignon do Brasil are so keen to cash in on the trend.
• The mushroom business is a booming one in the region.

Did You Know?

“Mushrooms are not only nutritious, but they also contain active ingredients which help to stimulate the immune system and reduce inflammation, so they are an excellent addition to a healthy diet.” — Journal of Nutritional Biochemistry

Segmental Market Size

The market for edible mushrooms is growing steadily, driven by the increasing popularity of vegetarian diets and the health benefits associated with mushrooms. The versatility of mushrooms in the kitchen is also an important driver. Moreover, the shift towards organic and sustainable food is causing consumers to look for mushrooms that have been grown without harmful pesticides or chemicals.

At present the mushroom market is in a state of advanced development, with such leading producers and distributors as Monterey Mushrooms and Shiitake Farms. Among the main applications are fresh and processed mushrooms for use in food products, dietary supplements, and food products that have special nutritional properties. The mushroom market is expected to grow rapidly, thanks to the increasing popularity of vegetarian and vegan diets and the increasing demand for sustainable food. Technological developments such as controlled environment agriculture and mycelium cultivation are determining the future of mushroom production. They are increasing yields and quality, while reducing the impact on the environment.

Future Outlook

The edible mushroom market is projected to grow at a CAGR of 7.13% from 2025 to 2032. The total market is expected to reach about $ 59.04 billion in 2032, driven by the growing demand for mushrooms. The edible mushroom market is expected to grow steadily in the coming years, and its penetration into the retail and food service industry will increase, and the usage rate will exceed 30% in the health-conscious group.

The development of mushroom cultivation by means of biotechnology and vertical farming is to be expected to increase production efficiency and the quality of the product. Furthermore, supportive government policies promoting sustainable farming practices will probably encourage more farmers to enter the mushroom business, thus further increasing supply. The emergence of gourmet and exotic mushrooms and the mushroom-based food products and supplements will also have a bearing on consumers’ preferences and the market dynamics. The industry’s main players must remain agile and be ready to respond to new trends and develop strategies to meet the growing demand.