Mushroom Market Size to Capture USD 76.09 Billion in 2025

Mushroom Market Size, Growth, and Trends 2025 to 2034

The global mushroom market size is projected to expand from USD 76.09 billion in 2025 to USD 127.46 billion by 2034, growing at a CAGR of 5.9% during the forecast period from 2025 to 2034. The growth is driven by the increasing adoption of plant-based diets, rising demand for functional and organic foods, and expanding use of mushrooms in nutraceuticals, pharmaceuticals, and meat alternatives.

Last Updated: 22 October 2025 Category: Plant-based Food & Beverages Insight Code: 5885 Format: PDF / PPT / Excel

Mushroom Market Size, Share and Growth Pathways

The global mushroom market size reached at USD 71.85 billion in 2024 and is anticipated to increase from USD 76.09 billion in 2025 to an estimated USD 127.46 billion by 2034, witnessing a CAGR of 5.9% during the forecast period from 2025 to 2034. Increasing consumer awareness of health benefits, demand for organic products, and changing lifestyles significantly driving the market.

Mushroom Market Size 2025 to 2034

Key Highlights

  • By region, North America dominated the global market with the largest share of approximately 30% in 2024.
  • By region, Asia Pacific is expected to grow at a notable CAGR from 2025 to 2034.
  • By product type, fresh mushroom segment held the major market share of approximately 40% in 2024.
  • By product type, mushroom extracts segment is expected to grow at a fastest CAGR in between 2025 and 2034.
  • By mushroom type/species, button/white mushrooms segment contributed the biggest market share of approximately 35% in 2024.
  • By mushroom type/species, reishi/ganoderma segment is expanding at a significant CAGR in between 2025 and 2034.
  • By application/end use, food/culinary use segment dominated the market by holding the share of approximately 50% in 2024. 
  • By application/end use, dietary supplements/nutraceuticals segment is expected to grow at a significant CAGR over the projected period.
  • By form, whole/sliced/chopped segment held the major market share of approximately 55% in 2024.
  • By form, powder/extracts segment is projected to grow at a fastest CAGR in between 2025 and 2034. 
  • By distribution channel, supermarkets/hypermarkets segment contributed the biggest market share of approximately 45% in 2024.
  • By distribution channel, e-commerce/online marketplaces segment is expanding at a significant CAGR in between 2025 and 2034.

Industry Coverage

Study Coverage Details
Growth Rate from 2025 to 2034 CAGR of 5.9%
Market Size in 2025 USD 76.09 Billion
Market Size in 2026 USD 80.58 Billion
Market Size by 2034 USD 127.46 Billion
Largest Market Asia Pacific
Base Year 2024
Forecast Period 2025 to 2034
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

What is Mushroom Market?

The mushroom market comprises the cultivation, processing, and commercialization of edible and medicinal mushrooms for food, nutraceuticals, dietary supplement, functional ingredient, and cosmetic applications. It includes fresh mushrooms, dried mushrooms, mushroom extracts (powder, capsules, tinctures), and value-added products targeting health benefits such as immune support, cognitive health, anti-inflammatory properties, and gut microbiome modulation. Growth is driven by increasing health awareness, rising adoption of plant-based diets, demand for functional foods, growth in dietary supplements, and expansion of mushroom cultivation technologies including organic and specialty varieties.

Mushroom Market Outlook 

  • Industry Growth Overview: The mushroom market is growing across multiple sectors, primarily the food sector which is driven by plant-based diets, health consciousness, and food service growth, the pharmaceutical and nutraceutical sectors due to health benefits from compounds like beta-glucans. There is a growing interest in functional mushrooms (like reishi, lion's mane, and shiitake) and traditional medicine applications. and the emerging cosmetics sector. 
  • Sustainability Trends: In the past few years, there has been an increasing focus on sustainable food options and urban agriculture. A crop that has gained popularity among urban farms is mushrooms. Mushrooms serve as a sustainable food source for various reasons. Initially, they excel in transforming waste materials into nourishment. Mushrooms can be grown in a regulated indoor setting utilizing waste materials such as sawdust, straw, and agricultural residues. The sector is also dedicated to enhancing efficiency via technologies such as IoT and AI, implementing urban farming techniques to minimize transportation, and addressing possible adverse effects like spore release. 
  • Startup Ecosystem: According to the global analysis of the mushroom sector, the startup landscape is dynamic, fueled by advancements in sustainable farming, functional mushroom offerings, and alternative protein options. Startups emphasize sustainable agriculture, biotechnological improvements, and innovative product creation to satisfy increasing consumer needs. For example, MycoFutures North Atlantic, a startup from Newfoundland, shifted from cultivating mushrooms for consumption to creating innovative materials sourced from mycelium, the fungal root network. 

Technological Shift in Mushroom Market

The technological transformation in the mushroom market has led to the creation of various innovative methods for processing and preserving mushrooms. These comprise high-pressure processing, electrofluidic drying, cold plasma treatment, along with sophisticated packaging and coating techniques. Furthermore, innovative quality detection methods like spectroscopy, imaging technology, and nuclear magnetic resonance (NMR) have emerged, providing quick and efficient processing and detection solutions.

Technologies such as CRISPR/Cas9 are utilized to alter mushroom varieties to enhance features like shelf life (by minimizing browning), yield, and pest resistance. AI is enhancing the mushroom industry through precision farming, where it improves growth conditions using sensor data and predictive analytics, and by automating labor-demanding processes such as harvesting with computer vision and robotics

Trade Analysis of Mushroom Market: Export and Import Statistics 

  • According to Mushroom export statistics, India, as the second-largest producer globally, can guarantee a consistent supply of mushrooms for domestic and international markets. India's leading export markets for mushrooms are Mexico, Israel, and the United States. India's leading exports include button, shiitake, oyster, and enoki mushrooms. The leading countries in mushroom exports are China, Poland, the Netherlands, Canada, and the United States. (Source: Export Import)
  • Most of the world’s Oyster Mushroom imports come from China, South Korea, and Malaysia. Worldwide, the leading three importers of Oyster Mushroom are the United States, Kazakhstan, and Singapore. (Source: volza)
  • Most the world's Button Mushroom imports come from Malaysia, Australia, and China. The leading three importers of Button Mushroom worldwide are Singapore, Vietnam, and Malaysia. Singapore leads the world in Button Mushroom imports with 8,923 shipments, followed by Vietnam with 738 shipments, and Malaysia taking the third spot with 391 shipments. (Source: volza)

Value Chain Analysis of Mushroom Market

Raw Material Procurement 

  • Procurement for the mushroom market involves sourcing raw materials for cultivation, primarily for the substrate on which the fungi grow. 

Processing of Mushroom 

  • Mushroom processing involves several methods to extend shelf life and preserve them for consumption, including canning, dehydration, freezing, and pickling. 

Packaging of Mushroom

  • Packaging for mushrooms ranges from traditional plastic containers and glass bottles to sustainable options like mycelium packaging, depending on the product's form (fresh, dried, etc.) and target market. 

Mushroom Market Regional Insights 

North America Mushroom Market Dominated in 2024

Due to increasing demand for mushrooms, which provide numerous health advantages. Mushrooms are regarded as advantageous for health since they have minimal gluten and sodium levels. Mushrooms are becoming more popular among consumers due to their high protein and vitamins content; they are also low in fat and free of cholesterol. Additionally, the mushroom is rich in several nutrients such as selenium, potassium, and vitamins; these vitamins are vital for maintaining a healthy body and an active lifestyle. In North America, the largest producers and exporters of fresh mushrooms are the U.S. and Canada. Additionally, innovation and technological progress serve as the cornerstones of North American nations like the U.S. and Canada. The mushroom sector in this area emphasizes innovation and cutting-edge technology to boost mushroom yield. 

United States Mushroom Market Analysis 

The mushroom market in the United States is gaining considerable traction due to increasing recognition of the nutritional and health benefits of mushrooms, promoting their inclusion in a broader range of diets and supplement plans. In addition to this, the increasing awareness of health and the demand for plant-based protein are propelling the market, as they are seen as a sustainable and nutrient-dense substitute for meat. The rising interest in exotic food items featuring natural and organic ingredients is anticipated to boost the development of the market in the nation. Many pizza and burger establishments in the country are contributing to the increased consumption of mushrooms. 

  • During the 2024-2025 growing season, producers cultivated 117 million pounds of mushrooms certified as organic, marking an 8 percent decline from the 2023-2024 season. Forty-six percent of the overall total, equating to 54.1 million pounds, were marketed as certified organic mushrooms. (Source: PSU)

Mushroom Market Share, By Region, 2024 (%)

Asia Pacific Expects the Significant Growth During the Forecast Period. 

The Asia Pacific mushroom market is a swiftly growing part of the worldwide agricultural sector, influenced by increasing consumer awareness of the health and medicinal advantages of mushrooms. The Asia-Pacific region's leadership in the mushroom industry stems from its historical culinary and medicinal applications of mushrooms, especially in nations such as China, Japan, South Korea, and India. Varieties like shiitake, enoki, oyster, and reishi mushrooms are commonly grown and utilized. These mushrooms are essential to traditional Asian culinary dishes and herbal medicine, fueling both local consumption and exports. The rising interest in plant-based foods is enhancing the market, with mushrooms being more frequently utilized as meat alternatives and components in functional food items. 

India Mushroom Market Analysis

The mushroom industry in India is largely fueled by growing health awareness among consumers and the heightened demand for nutritious, cholesterol-free food options. Moreover, the increasing trend of veganism and the widespread utilization of mushrooms as a meat substitute because of their rich umami taste are propelling the market growth in the country. Moreover, the increasing popularity of mushrooms in dietary supplements is boosting demand for the product due to their high fiber content and digestive enzymes that promote gut health and immune system function. Moreover, the increasing demand for processed mushroom types, especially in western countries, is providing India with numerous export opportunities and enhancing the prospects for the local industry. 

  • India's mushroom export industry is thriving, with shipments valued at $2.94 million registered from June 2024 to June 2025. India exports various types of mushrooms, including fresh, dried, preserved, and truffles, along with mushroom spawn. From June 2024 to June 2025, India exported dried mushrooms valued at $1,985,074.19. (Source: The Dollar Business)

Europe mushroom market is growing at notable rate. The growing consciousness of health and wellness among Europeans is resulting in a higher demand for nutritious, low-calorie food choices, like mushrooms. Moreover, the extensive use of the product in cooking across different cuisines due to its distinctive flavor, texture, and nutritional benefits is driving market expansion. Moreover, the increasing need for plant-derived protein sources driven by the rise of vegetarianism and veganism in Europe is serving as another factor for growth. In addition to this, the latest technological developments in farming and harvesting methods, enabling year-round supply and improved quality management, are favorably impacting market expansion. 

Germany Mushroom Market Analysis

The mushroom sector in Germany is expanding due to the increasing need for sustainable protein substitutes and health-enhancing products. Advancements in mycelium-derived meat alternatives and health-oriented mushroom supplements are transforming consumer preferences, manufacturing processes, and product selections, greatly enhancing the mushroom market share in Germany across crucial industries.

Segmental Insights 

Product Type Insights 

Which Product Type Segment Dominated the Mushroom Market in 2024?

Fresh mushrooms segment led the market in 2024. Fresh mushrooms have seen a significant rise in demand in recent years due to more consumers concentrating on organic and unprocessed food choices to obtain the greatest health benefits from the product. Their limited shelf life has been addressed by improvements in packaging technologies, like modified atmosphere packaging, which preserves freshness throughout distribution. Moreover, fresh mushrooms meet the increasing demand for organic and plant-based food, reinforcing their market leadership.

Mushroom Extracts Segment is Observed to Grow at the Fastest Rate During the Forecast Period. 

Extracts are preferred due to their superior immune-boosting, anti-inflammatory, and cognitive-enhancing effects, along with their extended shelf life compared to fresh mushrooms, making them perfect for supplements and functional food. Extracts offer a concentrated version of the mushroom's beneficial properties, resulting in a more effective and powerful method of consumption than ingesting the entire mushroom. Mushroom extracts can be seamlessly integrated into a range of products such as capsules, powders, and snacks.

Mushroom Type/Species Insights 

Why did the Button/White Mushrooms Segment Dominate the Mushroom Market in 2024?

Button/white mushrooms segment held the dominating share of the market in 2024. White mushrooms can be easily cultivated and gathered in small, local environments. Additionally, white mushrooms serve as a low-calorie, fat-free, and nutrient-dense food choice. The growing retail industry is making white mushroom easier for consumers to obtain. White mushrooms can now be found in a greater variety of shops, such as supermarkets, specialty food outlets, and online vendors. Improvements in packaging and logistics enhance shelf life and distribution, while technological advancements in farming are increasing production efficiency. 

Reishi/Ganoderma (medicinal) Segment is Seen to Grow at a Notable Rate During the Predicted Timeframe. 

Reishi mushrooms are historically significant in traditional Chinese and Japanese medicine, which aids in their lasting appeal. In recent times, interest in natural and alternative medicines has grown, resulting in Reishi mushrooms becoming more popular within the wellness community. Reishi mushrooms are prized for their therapeutic benefits, such as boosting the immune system, reducing inflammation, and possible anti-cancer effects. These advantages render them a favored component in pharmaceutical products.

Application/End Use Insights 

How did the Food/Culinary Use Segment Dominate the Mushroom Market in 2024?

Food/culinary use segment dominated the market with the largest share in 2024. Mushrooms serve as a flexible component in various dishes, including pizzas, pastas, stir-fries, and soups, establishing them as a fundamental element in both domestic and culinary settings. Types such as the button mushroom exhibit a subtle taste and dense texture that attracts a wide audience. They are often utilized as an alternative to meat in vegetarian and vegan recipes, supporting an expanding market for plant-based foods. The need for easy, ready-to-cook, and ready-to-eat mushroom items has increased, particularly in urban regions with hectic lifestyles. The low amounts of fat, cholesterol, and sodium attract health-conscious buyers and fitness lovers. 

Dietary Supplements/Nutraceuticals Segment is Expected to Grow at the Fastest Rate in the Market During the Forecast Period. 

An increasing number of consumers are recognizing the advantages of natural treatments for various health issues. The segment gains from scientific proof related to the presence of bioactive substances in specialty mushrooms, specifically beta-glucans, polysaccharides, and antioxidants. Regulatory approval of mushroom-based components and growing consumer readiness to invest in products that provide health advantages would enhance this application even more. The emphasis has moved from curing diseases to preventing them, making mushroom supplements a compelling choice for proactive health care. Dietary Supplements continue to be a fundamental driver, utilizing standardized extracts, capsules, and gummies with clearly stated actives per serving.

Form Insights

Which Form of Mushroom Dominated the Mushroom Market in 2024?

Whole/sliced/chopped segment held the largest share of the market in 2024. Complete canned mushrooms provide convenience in different cooking situations, ranging from soups and stews to pizzas and salads, suitable for both amateur cooks and professional chefs. Diced mushrooms reduce time and effort for those looking for convenient meal components. This convenience assists busy people and families looking to quickly make nutritious and tasty meals. With lifestyles growing more fast-paced, the need for convenient food items has risen, leading to sliced mushrooms being a favored option. The factor of convenience, influenced by contemporary lifestyles and advancements in packaging, has made these formats more attainable and attractive to a broader audience.

Powder/Extracts Segment is Observed to Grow at the Fastest Rate During the Forecast Period. 

attributed to its convenience, versatility, and long shelf life, facilitating its inclusion in numerous products and use as a supplement. For producers, powdered extracts enable the standardization of active ingredients, which is essential for producing supplements with reliable strength. Moreover, the various uses of mushroom powder extract in food and drinks, pharmaceuticals, and cosmetics play a crucial role in its market expansion.

Distribution Channel Insights

Which Distribution Channel Dominated the Mushroom Market in 2024?

Supermarkets / hypermarkets segment led the market 2024, due to their convenience, diverse options, and prominent visibility, enabling them to provide a broad range of fresh and processed mushrooms in one place. Reputable retail chains establish consumer confidence, prompting shoppers to purchase from them, particularly for health-related items such as medicinal and functional mushrooms. In advanced areas like Europe and North America, the presence of supermarkets and hypermarkets exceeds that found in developing regions. The availability of a wide range of this product in a single location and the convenience of purchasing helped establish supermarkets and hypermarkets as leading distribution channels.

E-commerce/Online Marketplaces Segment is Seen to Grow at a Notable Rate During the Predicted Timeframe. 

Online grocery stores and marketplaces utilize streamlined, frequently refrigerated, supply chains to swiftly deliver fresh mushrooms to consumers, reducing spoilage. Online shopping has increased availability of processed mushroom items like powders, dried mushrooms, and extracts, which tend to last much longer. This addresses the increasing need for functional and therapeutic mushrooms. Online retailers provide unparalleled convenience, enabling consumers to buy mushrooms and various groceries from the ease of their residences. The pandemic greatly sped up the transition to online grocery shopping, enhancing the e-commerce segment's portion of the market.

Recent Developments in the Mushroom Market

KÄÄPÄ Biotech

  • Investment: In April 2025, Finnish company KÄÄPÄ Biotech, which specializes in functional mushroom nutraceuticals, secured €900,000 in funding from the global fund manager, PeakBridge. These funds will help KÄÄPÄ expand its operations focusing on increasing its cultivation and research and development capabilities in the area. (Source: Nutraceutical Business Review)

Yukiguni Maitake

  • Launch: In March 2025, Yukiguni Maitake, a top mushroom producer from Niigata, Japan, introduced a new line of products known as Mushroom Meat featuring maitake mushrooms on the 18th of the previous month. The item is presently available on the company's online platform, Green Beans, and is being launched in the fruit and vegetable aisles of supermarkets across the country. (Source: Foovo Bridge)

Laird Superfood

  • Launch: In May 2025, the US food and beverage brand Laird Superfood has broadened its assortment of functional offerings with the introduction of six new organic mushroom powders. The latest offerings feature two blends, Calm & Relaxation and Focus & Memory, combining mushrooms with plant-based ingredients for targeted wellness advantages. (Source: Foodbev Media)

Top Companies in the Mushroom Market

  • Monaghan Mushroom: Monaghan ranks among the largest mushroom and substrate companies globally. The company, a vertically integrated agribusiness, manages the complete production cycle from compost creation (substrate) to the cultivation, harvesting, and distribution of the finished products to retailers and foodservice businesses throughout Europe and North America. 
  • Hokto Kinoko Co., Ltd: Hokto Kinoko Co., Ltd., a subsidiary of Japan's Hokuto Corporation, operates in California and is recognized for its production of 100% USDA organic specialty mushrooms. They provide Bunashimeji (Brown Beech), Bunapi® (White Beech), Eryngii (King Trumpet), and Maitake (Hen of the Woods). 
  • Gourmet Mushrooms, Inc.: Gourmet Mushrooms, Inc., via its Mycopia Mushrooms and Mycobiotic branches, cultivates and supplies an extensive selection of organic edible and health-promoting mushrooms. Selections feature fresh, premium culinary mushrooms such as shiitake and oyster varieties.

Other Key Players in the Market

  • Oke USA
  • Maroo Mushrooms
  • Fincas Espinosa (Latin America)
  • China Agaricus Co., Ltd.
  • MycoTechnology, Inc.
  • Om Mushrooms
  • Host Defense / Paul Stamets Products
  • Pure Mushroom Company
  • Layn Natural Ingredients (mushroom extracts)
  • Nippon Ham Foods (Japan)
  • Shiitake Growers Co-op
  • Florida Organic Mushrooms
  • Monterey Mushrooms
  • Panamerican Mushroom Corp.
  • Mushroom Wisdom, Inc.
  • Terrasoul Superfoods (functional mushroom powders)

Segment Covered in the Report

By Product Type 

  • Fresh Mushrooms
  • Dried Mushrooms
  • Mushroom Extracts (powder, capsules, tinctures) 
  • Frozen Mushrooms
  • Ready-to-Eat / Processed Mushroom Products

By Mushroom Type/Species

  • Button / White Mushrooms (Agaricus bisporus)
  • Shiitake (Lentinula edodes)
  • Oyster Mushrooms (Pleurotus ostreatus)
  • Enoki (Flammulina velutipes)
  • Reishi / Ganoderma (medicinal)
  • Cordyceps, Lion’s Mane, Chaga, and Other Specialty Mushrooms

By Application/End Use

  • Food / Culinary Use 
  • Dietary Supplements / Nutraceuticals 
  • Cosmetics & Personal Care 
  • Pharmaceuticals / Functional Ingredients 
  • Others (animal feed, industrial applications)

By Form

  • Whole / Sliced / Chopped
  • Powder / Extracts
  • Capsules / Tinctures / Tablets
  • Frozen / Ready-to-Eat

By Distribution Channel

  • Supermarkets / Hypermarkets
  • Specialty Health Stores / Natural Food Stores
  • E-commerce / Online Marketplaces
  • Food Service / Restaurants / HORECA
  • Others (farmers’ markets, co-ops)

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The global mushroom market reached USD 71.85 billion in 2024 and is projected to grow to USD 127.46 billion by 2034, expanding at a CAGR of 5.9%. Growth is fueled by rising health awareness, functional food adoption, and sustainable farming innovations.

North America dominated with a 30% share in 2024 due to advanced cultivation technologies, while Asia Pacific is set to record the fastest growth through 2034, driven by high consumption and expanding exports from China and India.

Technologies such as AI-driven precision farming, CRISPR/Cas9 genetic editing, and advanced preservation methods like cold plasma and high-pressure processing are enhancing yield, quality, and shelf life.

The sector offers high investment returns in functional mushroom extracts, organic farming, and value-added nutraceuticals, with increasing VC funding and startup activity in sustainable mushroom-based materials and foods.

Fresh mushrooms held around 40% share in 2024 due to rising organic food trends, while mushroom extracts are growing fastest owing to their use in nutraceuticals and wellness supplements.

Button mushrooms lead with a 35% market share due to high consumption and easy cultivation, whereas Reishi and Lion’s Mane are the fastest-growing for their medicinal and cognitive health benefits.

While supermarkets and hypermarkets lead sales with 45% share, e-commerce platforms are growing rapidly due to increased consumer preference for direct-to-home delivery of functional mushroom products.

The mushroom market will continue its upward trajectory through product diversification, biotech integration, and rising consumer focus on sustainable nutrition, positioning mushrooms as a key player in the future food ecosystem.