The global mushroom market size reached 17.25 million tonnes in 2023 and is projected to increase from 18.39 million tonnes in 2024 to 32.04 million tonnes by 2032. This represents a compound annual growth rate (CAGR) of 7.18% between 2024 and 2032. In 2023, the Asia Pacific region dominated the market, capturing a 79.83% share of global consumption. Meanwhile, the U.S. mushroom market is poised for substantial expansion, expected to reach 1.22 million tonnes by 2032. This growth is being supported by rising domestic investments in modern farming techniques and a surge in mergers and acquisitions by global firms seeking to establish a stronger presence in the country.
Though mushrooms are typically grouped with vegetables in culinary contexts, they are edible fungi and do not belong to the plant kingdom. They are rich in essential nutrients, including riboflavin, potassium, vitamin D, selenium, and others. Clinical and preclinical evidence suggests mushrooms promote immune function, assist with weight management, and support general health. Regular consumption has also been associated with a reduced risk of certain cancers, such as breast and prostate cancer, contributing to rising consumer interest and market demand.
Information Source: https://www.fortunebusinessinsights.com/industry-reports/mushroom-market-100197
Market Segmentation
The mushroom market is categorized by type into button, shiitake, oyster, and other mushrooms. By form, the market is segmented into fresh, canned, frozen, and dried products. Geographically, the market spans North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Report Highlights
Drivers and Challenges
Health-Conscious Consumers Fueling Demand
A global increase in health awareness has led to greater demand for foods low in fat and cholesterol, positioning mushrooms as a popular choice. Their widespread use in household kitchens, foodservice outlets, and institutional dining is supported by their fiber content and natural compounds that support digestion and immune health. These characteristics are expected to sustain strong market momentum.
Innovations in mushroom cultivation, particularly through research and development, are opening up new growth opportunities. Interest in exotic mushroom varieties and the globalization of mushroom trade are also emerging as major market drivers.
Because mushroom cultivation is labor-intensive—labor costs represent about one-third of total production expenses—many growers are investing in automation, robotics, and smart farming systems to increase efficiency. Adoption of these technologies is expected to play a significant role in scaling operations and expanding the market.
However, high production costs may hinder widespread market adoption and present a challenge to long-term growth.
Regional Outlook