Global Mushroom Market Outlook, 2030

The global mushroom market is experiencing steady growth, driven by increasing consumer preference for plant-based diets, growing awareness of mushrooms' nutritional benefits, and expanding applications in pharmaceuticals and cosmetics. The global mushroom market is witnessing significant expansion, fueled by shifting dietary preferences and an increasing demand for plant-based food options. As more consumers adopt vegetarian and vegan diets, mushrooms are emerging as a vital ingredient due to their rich umami flavor, meaty texture, and high nutritional value. Mushrooms are an excellent source of protein, fiber, vitamins, and minerals, making them a staple in plant-based diets and functional foods. Additionally, their low calorie and fat content further enhances their appeal to health-conscious consumers. Beyond the food industry, mushrooms are gaining traction in the pharmaceutical and nutraceutical sectors. Medicinal mushrooms such as reishi, shiitake, and cordyceps are widely used for their immune-boosting, anti-inflammatory, and antioxidant properties. The growing demand for natural health supplements has led to increased research on the therapeutic potential of mushrooms, further driving market growth. Moreover, mushrooms are increasingly used in the cosmetics and skincare industry. Extracts from mushrooms such as snow fungus and chaga are known for their hydrating, anti-aging, and skin-rejuvenating properties. As consumers seek plant-based and organic beauty solutions, the use of mushrooms in personal care products is expected to rise.

According to the research report, “Global Mushroom Market Outlook, 2030” published by Bonafide Research, the Global Mushroom market is anticipated to grow at more than 5.6% CAGR from 2024 to 2030. The growing popularity of mushrooms as a sustainable and nutritious food source has led to rising production and innovation in mushroom-based products. Several factors are contributing to this growth. The shift towards plant-based and functional foods has increased the demand for edible mushrooms in fresh, processed, and supplement forms. In particular, plant-based meat alternatives, which rely on mushrooms for texture and flavor, are gaining widespread acceptance among consumers seeking sustainable and ethical food choices. Government initiatives supporting sustainable agriculture and organic farming are also fueling market expansion. Many countries are investing in mushroom production due to its low environmental footprint and ability to grow on agricultural waste. Additionally, increased research into the medicinal properties of mushrooms is unlocking new opportunities in the pharmaceutical and nutraceutical industries. The Asia-Pacific region remains the largest contributor to global mushroom production and consumption, while North America and Europe are witnessing rising demand for specialty mushrooms and organic variants. Companies are investing in advanced farming techniques, such as controlled-environment agriculture (CEA) and vertical farming, to meet the growing demand and ensure a consistent supply of high-quality mushrooms. As consumer interest in sustainable and functional foods continues to rise, the global mushroom market is expected to witness sustained expansion, with innovative product offerings and increasing market penetration across diverse industries.

Market Dynamics

Market Drivers

Increasing Adoption of Plant-Based and Functional Foods Driving Mushroom Consumption The growing awareness of health-conscious eating habits has led to a surge in demand for plant-based and functional foods, positioning mushrooms as a preferred choice due to their rich nutritional profile. Mushrooms are high in essential vitamins, minerals, and antioxidants, making them an attractive alternative for consumers looking to reduce meat intake while maintaining protein consumption. Additionally, the umami flavor of mushrooms has made them a staple ingredient in plant-based meat substitutes, further increasing their demand in the food and beverage industry.



Advancements in Controlled-Environment Agriculture (CEA) Enhancing Mushroom Production Efficiency The introduction of modern farming techniques such as vertical farming, hydroponic mushroom cultivation, and controlled-environment agriculture (CEA) is significantly improving mushroom production. These advanced methods enable year-round cultivation, maximize yield, and optimize growing conditions, reducing the reliance on seasonal variations. As a result, mushroom producers can maintain a steady supply of high-quality mushrooms while reducing wastage and operational costs.

Market Challenges

Short Shelf Life and Storage Challenges Impacting Supply Chain Efficiency Mushrooms are highly perishable and require stringent storage and transportation conditions to prevent spoilage. Their short shelf life poses significant logistical challenges, increasing the costs associated with cold storage and transportation. Additionally, improper handling can lead to reduced product quality, impacting consumer trust and market growth. To address this challenge, manufacturers are investing in innovative preservation techniques, including vacuum packaging, modified atmosphere packaging, and freeze-drying.

Fluctuations in Raw Material Availability and Climate Change Affecting Mushroom Yield Mushroom cultivation depends on specific environmental conditions, including temperature, humidity, and substrate quality. Climate change and unpredictable weather patterns can disrupt production, leading to inconsistent yields and supply shortages. Furthermore, the availability of raw materials such as compost, sawdust, and agricultural byproducts used in mushroom farming can be affected by supply chain disruptions, causing fluctuations in production costs.

Market Trends

Rising Popularity of Medicinal Mushrooms for Health and Wellness Applications The increasing focus on preventive healthcare has fueled demand for medicinal mushrooms such as reishi, lion’s mane, cordyceps, and chaga. These mushrooms are widely recognized for their immune-boosting, cognitive-enhancing, and anti-inflammatory properties, making them popular ingredients in dietary supplements, herbal teas, and functional food products. The nutraceutical industry is leveraging these benefits by launching innovative mushroom-based products to cater to health-conscious consumers.

Growing Demand for Organic and Sustainable Mushroom Farming Practices Consumers are increasingly prioritizing organic and sustainably grown mushrooms due to rising concerns over pesticide residues and environmental impact. Organic mushrooms, grown without synthetic chemicals or fertilizers, are gaining traction in global markets, particularly in North America and Europe. This trend is encouraging mushroom producers to adopt eco-friendly farming practices, such as using renewable energy sources, minimizing water consumption, and utilizing biodegradable packaging materials to align with sustainability goals.

Segmentation Analysis

Button mushrooms hold the largest share in the global mushroom market due to their widespread popularity, affordability, and versatile culinary applications.

Button mushrooms hold the largest share in the global mushroom market due to their widespread popularity, affordability, and versatile culinary applications. As one of the most commonly cultivated mushroom varieties, button mushrooms are widely consumed across multiple cuisines, including soups, salads, stir-fries, and pasta dishes. Their mild flavor and ability to blend well with various ingredients make them a preferred choice for both home-cooked meals and restaurant dishes. The demand for button mushrooms is particularly high in the processed food industry, where they are used in canned, frozen, and dried forms. Food manufacturers incorporate button mushrooms into ready-to-eat meals, sauces, and plant-based meat substitutes to enhance nutritional value and texture. Additionally, the increasing popularity of mushroom-based snacks, such as chips and jerky, has further boosted demand for this variety. Another key factor contributing to the dominance of button mushrooms is their high yield and cost-effectiveness. Compared to other mushroom varieties, button mushrooms require less complex cultivation techniques and can be produced in large quantities with minimal investment. Their adaptability to various growing conditions makes them a preferred choice for commercial mushroom farming. Furthermore, the rising interest in functional foods and immune-boosting diets has positioned button mushrooms as a valuable source of essential nutrients, including B vitamins, selenium, and antioxidants. As more consumers prioritize health and wellness, the demand for button mushrooms is expected to remain strong, reinforcing their position as the leading mushroom variety in the global market.

The fresh mushroom segment is witnessing significant growth as consumers increasingly prefer natural, minimally processed, and organic foods.

The fresh mushroom segment is witnessing significant growth as consumers increasingly prefer natural, minimally processed, and organic foods. With rising health consciousness, people are shifting toward whole foods that retain their original nutrients, flavor, and texture. Fresh mushrooms, being a rich source of fiber, protein, vitamins, and antioxidants, align perfectly with this trend, making them a staple in healthy diets worldwide. Retailers and supermarkets are expanding their fresh mushroom offerings to meet consumer demand. Specialty grocery stores and organic food markets are witnessing increased sales of fresh mushrooms, particularly organic and exotic varieties such as shiitake, maitake, and enoki. These mushrooms are widely used in Asian and gourmet cuisines, further driving demand. The foodservice industry is also contributing to the growth of the fresh mushroom market. Restaurants, hotels, and catering services are increasingly incorporating fresh mushrooms into their menus due to their versatility and ability to enhance flavor and nutrition in various dishes. From stir-fries and pizzas to gourmet sauces and plant-based dishes, fresh mushrooms have become an essential ingredient in both casual and fine-dining establishments. Moreover, the expansion of online grocery platforms has made fresh mushrooms more accessible to consumers. With e-commerce platforms offering doorstep delivery of fresh produce, consumers can easily purchase high-quality mushrooms without the need to visit physical stores. This convenience, coupled with rising consumer interest in plant-based nutrition, is expected to sustain the dominance of the fresh mushroom segment in the global market.

The food and beverage industry plays a pivotal role in the growth of the global mushroom market, as mushrooms increasingly serve as a key ingredient in plant-based diets.

The food and beverage industry plays a pivotal role in the growth of the global mushroom market, as mushrooms increasingly serve as a key ingredient in plant-based diets. As consumer preferences shift toward vegetarian, vegan, and flexitarian lifestyles, food manufacturers are innovating with mushroom-based products to cater to evolving dietary trends. Mushrooms are widely used in plant-based meat alternatives due to their naturally meaty texture, umami flavor, and high protein content. Brands are leveraging mushrooms as a primary ingredient in meatless burgers, sausages, and nuggets to provide consumers with a satisfying and nutritious plant-based option. Additionally, mushroom extracts are being incorporated into functional foods, soups, broths, and sauces to enhance flavor and nutritional value. Beyond meat alternatives, mushrooms are gaining traction in the beverage industry. Mushroom-infused coffees, teas, and wellness drinks are becoming popular due to their purported health benefits, such as immune support, cognitive enhancement, and stress reduction. Medicinal mushrooms like reishi, lion’s mane, and chaga are particularly sought after in the functional beverage segment. As food and beverage companies continue to explore innovative ways to incorporate mushrooms into mainstream products, the demand for mushrooms is expected to rise further. The growing emphasis on clean-label, organic, and sustainable food production will continue to drive mushroom consumption across diverse product categories.

Regional Analysis

Asia-Pacific dominates the global mushroom market, accounting for the highest production and consumption due to its rich culinary heritage, large-scale agricultural activities, and increasing demand for functional foods.

Asia-Pacific dominates the global mushroom market, accounting for the highest production and consumption due to its rich culinary heritage, large-scale agricultural activities, and increasing demand for functional foods. The region’s deep-rooted cultural association with mushrooms, especially in countries like China, Japan, and South Korea, has led to widespread integration of mushrooms into daily diets. Traditional dishes such as Chinese hotpot, Japanese miso soup, and Korean stews frequently incorporate mushrooms, making them a dietary staple. Additionally, the growing popularity of vegetarian and vegan diets in the region is further fueling demand for mushrooms as a nutritious plant-based protein source. China is the world's largest producer and consumer of mushrooms, contributing a substantial share to global production. The country has a well-established mushroom farming industry that cultivates various mushroom types, including shiitake, oyster, enoki, and button mushrooms. China's dominance in mushroom production is supported by its favorable climatic conditions, advanced cultivation techniques, and strong domestic demand. Furthermore, China is a leading exporter of dried and processed mushrooms, supplying major markets in North America, Europe, and the Middle East. Japan and South Korea are also significant players in the mushroom market, particularly in the specialty and medicinal mushroom segments. The increasing consumer preference for health-boosting superfoods has led to a surge in demand for mushrooms like reishi, maitake, and lion’s mane, which are known for their immune-boosting, anti-inflammatory, and cognitive health benefits. These mushrooms are widely used in traditional medicine and are now gaining traction in modern dietary supplements, functional beverages, and skincare products.

Key Developments

• February 2024: Monterey Mushrooms launched a new line of vitamin D-enhanced mushrooms to cater to the growing functional food segment.
• April 2024: South Mill Champs expanded its organic mushroom farming operations in North America to meet rising demand.
• July 2024: MycoTechnology Inc. developed a mushroom-based protein alternative for use in plant-based food products.
• September 2024: Greenyard Foods partnered with Asian mushroom farmers to strengthen its supply chain for fresh and processed mushrooms.
• December 2024: Sun Hing Foods introduced a new range of canned shiitake mushrooms targeting the global food service industry.

Considered in this report
* Historic year: 2018
* Base year: 2023
* Estimated year: 2024
* Forecast year: 2029

Aspects covered in this report
* Mushroom Market with its value and forecast along with its segments
* Country-wise Mushroom Market analysis
* Various drivers and challenges
* On-going trends and developments
* Top profiled companies
* Strategic recommendation

By Type
• Button Mushrooms
• Shiitake Mushrooms
• Oyster Mushrooms

By Form
• Fresh Mushrooms
• Processed Mushrooms (Canned, Dried, Frozen)
• Mushroom Extracts and Powders

By Application
• Food and Beverage
• Pharmaceuticals
• Cosmetics