Mushroom Market Size, Share,  Growth and Forecast to 2032

Mushrooms, classified as edible fungi, are commonly grouped with vegetables but are not botanically considered plants. They are nutrient-dense foods, rich in vitamin D, riboflavin, potassium, selenium, and other essential minerals that support human health. Research from both clinical and preclinical studies indicates that regular mushroom consumption contributes to improved immunity, weight management, and overall wellness. Additionally, they may help reduce the risk of certain cancers, such as prostate and breast cancer, further enhancing their global demand.

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Impact of COVID-19

Consumer food preferences shifted noticeably during the COVID-19 pandemic. The demand for edible fungi surged as people increasingly sought health-oriented, plant-based foods. However, in the early lockdown phase, restaurant closures and mobility restrictions led to a 50–80% revenue decline for mushroom producers serving the foodservice sector.

As consumers began cooking more at home, demand for fresh and packaged mushrooms rose sharply. According to the U.S. Department of Agriculture (USDA), approximately 816,367 pounds of mushrooms were shipped in 2020, marking a 3% increase in sales value to reach USD 1.15 billion. Brown mushroom sales rose by 3.6%, while specialty mushroom sales increased by 2%, totaling USD 67.4 million. Moreover, the rise of online grocery platforms and the gradual recovery of the HORECA (Hotel, Restaurant, and Café) sector further accelerated market growth.

Market Segmentation

The mushroom market is segmented by type into button, shiitake, oyster, and other varieties. Based on form, it is categorized into fresh, canned, frozen, and dried mushrooms, each catering to diverse consumer preferences and storage needs. Geographically, the market is analyzed across North America, Europe, Asia Pacific, South America, and the Middle East & Africa, reflecting varying consumption patterns, production capacities, and regional culinary applications.

Report Highlights

• Comprehensive assessment of market drivers, challenges, and emerging opportunities

• Evaluation of COVID-19’s impact on supply chains and consumer behavior

• Insights into technological advancements in mushroom cultivation and processing

• Identification of key opportunities for producers and exporters

Market Drivers and Challenges

The growing focus on healthy eating habits is a major catalyst for mushroom consumption, as these fungi are low in fat, high in fiber, and known for their immune-boosting properties. Demand is rising across households, restaurants, and institutional buyers. Ongoing research and development activities are contributing to the introduction of exotic and medicinal mushroom varieties, while global trade has created opportunities for functional and specialty mushroom products.

Conversely, mushroom farming is still labor-intensive, with labor costs accounting for nearly one-third of total production expenses. To mitigate these costs, producers are increasingly adopting automation, robotics, and precision farming technologies. Despite these innovations, high operational costs remain a challenge to large-scale production.

Regional Insights

Asia Pacific is expected to maintain its leading position in the mushroom market, driven by China’s large-scale production capacity and rising consumption across India, Japan, and Southeast Asia. Europe is experiencing steady growth, particularly in Germany, Spain, the U.K., and the Netherlands, where demand for medicinal and specialty mushrooms is increasing. In North America, the market in the U.S. and Canada benefits from advanced cultivation technologies and supportive government policies. Meanwhile, South America, led by Brazil and Argentina, is witnessing expansion fueled by the growing popularity of plant-based diets and processed food products.

Competitive Landscape

Strategic Growth Initiatives

Leading players are emphasizing partnerships, mergers, acquisitions, and product innovations to expand their reach and introduce new mushroom-based offerings across global markets.

Key Market Players

• Weikfield Foods Pvt. Ltd. (India)

• BioFungi GmbH (Germany)

• Monaghan Mushrooms (Ireland)

• Highline Mushrooms (Canada)

• Scelta Mushrooms BV (Netherlands)

• Monterey Mushrooms, Inc. (U.S.)

• Nasza Chata (Poland)

• Banken Champignons B.V. (Netherlands)

• Bonduelle S.A. (France)

• Ecolink Baltic (Lithuania)

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Recent Industry Developments

• March 2021: New Wave Holdings Corp. launched a functional mushroom product line in the U.S. under its “Way of Will” brand, featuring powders and capsules.

• July 2020: Leap Foods introduced mushroom-based meat alternatives, including burgers and sausages, marking a significant innovation in the plant-based protein sector.