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Mushroom Market Size

  • Report ID: GMI7027
  • Published Date: Oct 2023
  • Report Format: PDF

Mushroom Market Size

Mushroom Market was valued at 58.20 billion in 2023 and it is estimated to register a CAGR of over 6.7% between 2024 and 2032. The trend toward plant-based diets and sustainable food sources has also played a pivotal role in the market's expansion.

 

Mushrooms are a versatile and sustainable source of protein for vegetarians and vegans, and they can be cultivated with relatively low environmental impact. This aligns with the growing consumer preference for eco-friendly and ethical food choices. In addition, advancements in mushroom cultivation techniques, including controlled environment farming and genetic engineering, have increased production efficiency and expanded the variety of mushroom species available year-round. These innovations have made mushrooms more accessible and affordable for consumers, driving the market's growth.

 

The primary challenges are the limited shelf life of fresh mushrooms. Mushrooms are highly perishable, and their short shelf life can lead to food waste and logistical difficulties in distribution, which can be costly for producers and retailers.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of mushroom reached USD 53.2 billion in 2022 and is set to register over 6.5% CAGR between 2023 and 2032, says this GMI report.

The market size of mushroom was reached USD 58.2 billion in 2023 and is set to register over 6.7% CAGR between 2024 and 2032, says this GMI report.

Asia Pacific market was remunerated at USD 24 billion in 2022, attributed to growing awareness of the health benefits associated with mushroom consumption.

Bonduelle Group, Costa Group, CMP Mushroom, Drinkwater Mushrooms, Greenyard, Monaghan Group, Monterey Mushroom, Inc., OKECHAMP S.A., Shanghai Finc Bio-Tech Inc., and The Mushroom Company.

Mushroom Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 332
  • Countries covered: 20
  • Pages: 180
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