Global Edible Mushroom Market Size By Type (Button Mushroom, Shiitake Mushroom), By Application (SuperMarket Sizes/HyperMarket Sizes, Specialty Retailers), By Region, And Segment Forecasts, 2023 to 20...
Report Id: 11142 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Edible Mushroom Market was valued at USD 62.3 billion in 2023 and is projected to reach USD 101.7 billion by 2031, growing at a CAGR of 6.5% during the forecast period from 2023 to 2031. This growth is primarily fueled by increasing consumer demand for nutritious and plant-based food, expanding applications in the foodservice and nutraceutical industries, and growing health consciousness worldwide. The versatile culinary use, functional health benefits, and sustainability of mushroom cultivation make edible mushrooms a staple in health-forward diets and plant-based product lines.
Drivers
1. Rising Demand for Functional Foods:
Consumers are increasingly seeking
functional foods with added health benefits. Edible mushrooms, rich in
antioxidants, fiber, and essential nutrients, align perfectly with these
dietary trends.
2. Shift Toward Plant-Based Diets:
With the global rise of vegetarianism,
veganism, and flexitarianism, edible mushrooms are gaining popularity as a meat
substitute due to their umami flavor and chewy texture.
3. Expansion of Culinary and Nutraceutical
Use:
Mushrooms are widely used in gourmet
cooking, traditional medicine, and increasingly in dietary supplements for
immune support and anti-inflammatory benefits.
Restraints
1. Short Shelf Life and Storage Challenges:
Fresh mushrooms have limited shelf life and
require specific storage conditions to maintain quality, which can hinder
logistics and distribution.
2. Vulnerability to Contamination and
Climate:
Edible mushrooms are sensitive to
environmental factors and are prone to spoilage, disease, and contamination,
impacting yields and quality.
Opportunity
1. Innovation in Mushroom-Based Products:
The surge in innovation has led to the
development of mushroom-based protein powders, teas, snacks, and even
mycelium-based packaging, opening new revenue streams.
2. Expansion in Emerging Economies:
Rapid urbanization, growing disposable
incomes, and increased health awareness in markets such as India, Brazil, and
Southeast Asia provide significant untapped potential for market expansion.
Market
by System Type Insights
Based on mushroom type, Button Mushrooms
dominated the market in 2023 due to their affordability, high production
volumes, and widespread culinary use. However, Shiitake and Oyster Mushrooms
are witnessing rapid growth driven by their functional health properties and
expanding use in both traditional and modern cuisines.
Market by End-Use Insights
The Foodservice segment emerged as the
leading end-use segment in 2023, accounting for a significant market share.
Restaurants, fast-casual chains, and institutional kitchens are incorporating
mushrooms into mainstream dishes and vegan menus. The Pharmaceutical and
Nutraceutical sector is expected to grow rapidly due to mushroom extracts being
increasingly used in supplements and functional health products.
Market
by Regional Insights
Asia-Pacific led the market in 2023,
accounting for over 70% of global consumption, with China being the world’s
largest producer and consumer of edible mushrooms. Europe and North America are
key secondary markets driven by the rising trend of healthy eating, sustainable
agriculture, and clean-label foods. Meanwhile, Latin America and the Middle
East & Africa are poised for notable growth as awareness and production
capacities expand.
Competitive
Scenario
Key players in the Global Edible Mushroom
Market include Monaghan Mushrooms, Bonduelle Group, CMP Mushrooms, The Mushroom
Company, Okechamp S.A., Giorgio Fresh Co., Monterey Mushrooms Inc., and
Highline Mushrooms. Companies are increasingly investing in:
Automated cultivation technologies
Organic and sustainable mushroom farming
Strategic partnerships with food and pharma
companies
Scope
of Work – Global Edible Mushroom Market
|
Report
Metric |
Details |
|
Market Size (2023) |
USD 62.3 billion |
|
Projected Market Size (2031) |
USD 101.7 billion |
|
CAGR (2023–2031) |
6.5% |
|
Market Segments |
By Mushroom Type, End-use, Region |
|
Growth Drivers |
Rising demand for functional &
plant-based foods, culinary innovation, nutraceutical interest |
|
Opportunities |
Product diversification, emerging market
expansion, sustainable farming |
Key
Market Developments
2023: Bonduelle Group launched a new line
of marinated mushroom snacks in Europe to cater to healthy snacking trends.
2024: Monaghan Mushrooms expanded its
organic mushroom production facility in Canada to meet growing North American
demand.
2025: The Mushroom Company entered a joint
venture with a wellness brand to produce mushroom-based immune-boosting
supplements for the U.S. market.
FAQs
1. What is the current market size of the
Global Edible Mushroom Market?
The market was valued at USD 62.3 billion
in 2023.
2. What is the major growth driver of the
Global Edible Mushroom Market?
Rising consumer preference for functional
and plant-based foods is the primary growth driver.
3. Which is the largest region during the
forecast period in the Global Edible Mushroom Market?
Asia-Pacific is the largest and
fastest-growing region due to high production and consumption rates.
4. Which segment accounted for the largest
market share in the Global Edible Mushroom Market?
The Button Mushroom segment accounted for
the largest market share in 2023.
5. Who are the key market players in the
Global Edible Mushroom Market?
Key players include Monaghan Mushrooms,
Bonduelle Group, CMP Mushrooms, Giorgio Fresh Co., and The Mushroom Company.
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