Press Release

Global Mushroom Market Poised to Hit USD99 Billion Mark by 2030

The Global Mushroom Market size was valued at around USD 64 billion in 2024 and is projected to reach USD 99 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. Various causes drive this market like changing lifestyles of the people with an inclination towards the adoption of healthy food habits, more fitness-centric workout routines, and the use of natural products for skincare. In all these changes, mushroom plays a vital role. They are rich sources of minerals such as zinc, potassium, etc., and vitamins such as Vitamin D, B12, and B6 and contain protein in abundance and are the preferred choice for food based on plant diets, healthy snacks, and international cuisine globally. Thus, these items are consumed regularly. These help to improve body immunity, and gut health, and prevent several types of chronic diseases that are the result of bad eating habits and minimal physical activity.

In addition to this, there is continuous expansion of the food service industry, which is the major end-user segment of the mushroom market with International chains of restaurants experiencing growth at a rapid rate.  For instance, McDonald’s plans to increase its stores by up to 10,000 stores by the year 2027, across several countries globally. This in turn will directly impact mushroom demand as this is used as a key ingredient in many dishes and healthy snacks by food service providers as these are high in demand due to the protein and mineral-rich nature of mushrooms. The food service industry annually uses around 270 million pounds of mushrooms as per a recent estimate. Therefore, with the expansion of the food service industry, growth in mushroom consumption is expected in the coming years.

Furthermore, with the growth of the cosmetics industry, demand for natural and chemical-free cosmetics is rising and consumers are demanding products prepared from organic ingredients mushroom have Antioxidants, anti-inflammatory, skin brightening, anti-aging, hydration, and moisturizing properties which make them well-suited for this industry. Thus, various cosmetic companies used mushrooms like Reishi, cordyceps, snow mushrooms, etc in their products due to their collagen-boosting and water-binding properties. For instance, Shikohin, a cosmetic company, has introduced a mushroom-based skin care solution that offers deep skin hydration, reduces signs of aging, and improves skin elasticity. Thus, demand is bound to rise even further for mushrooms. Thus, due to various benefits for health and skin, mushrooms are actively used in various industries like health, food, and cosmetics, and with high demand from these end-user industries, the mushroom market is expected to grow in the forecast period as well, further states the research report, “Global Mushroom Market Analysis, 2025.”

Segmentation Analysis

Button Mushrooms Hold a Major Market Share

Based on the type of mushroom, the market is further bifurcated into Button Mushroom, Shiitake Mushroom, Oyster Mushroom, and others. Here, button mushrooms with a market share of around 60% lead among all on account of the health benefits provided by these due to the presence of several vitamins and selenium that provide benefits to health, including the improvement of the digestive system and immune system. Bad gut health is the major cause of chronic diseases around the world. Button mushroom stimulates the growth of beneficial bacteria in the gut and reduces inflammation in the gut, thus preventing gastrointestinal issues like bloating, constipation, etc.

Additionally, these mushrooms are quite cheaper in comparison to other varieties on account of their faster growth rate and high density. Moreover, they do not include the cost of preserving packaging, which makes them further cheaper, and hence popular among various food recipes. Hence on account of having high nutritional benefits and affordability due to lower prices, this type of mushroom will continue to dominate the market in the forecast years too.

Asia-Pacific Leads the Global Mushroom Industry

Regionally, Asia-Pacific dominates the market with a share of around 68%, and China is the biggest manufacturer in this area. This is because the mushroom is produced in a very high quantity in this region due to the availability of huge land and favorable weather for the growth of mushrooms. Additionally, the consumption of mushrooms is likewise very high in this region due to their numerous health advantages.

Moreover, various species of mushrooms inclusive of shiitake have been considered medicinal mushrooms in Asia-Pacific for a long period, and are used for treating various infections and illnesses. Therefore, due to the high manufacturing and consumption of mushrooms in the region, Asia-Pacific dominates the market, and this dominance is expected during the forecast period as well.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Weikfield Foods Pvt. Ltd., BioFungi GmbH, Monaghan Group, Agro Dutch Industries Ltd., Drinkwater Mushrooms Ltd., Monterey Mushrooms Inc., OKECHAMP S.A., Shanghai Finc Bio-Tech Inc., The Mushroom Company, Greenyard, Costa Group, CMP Mushrooms, Bonduelle Group, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the world?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across the regions?
6. How have buying behavior, customer inclination, and expectations from products been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?