The global mushroom market revenue was valued at 17.25 million tonnes in 2023 and is projected to grow from 18.39 million tonnes in 2024 to 32.04 million tonnes by 2032, with a CAGR of 7.18% during the forecast period (2024–2032). Asia Pacific led the mushroom market with a share of 79.83% in 2023. Additionally, the U.S. mushroom market is expected to grow significantly, reaching an estimated 1.22 million tonnes by 2032. This growth is driven by increased investments from local growers in advanced cultivation technologies and a rise in merger and acquisition activities by international players seeking to expand their presence in the U.S. market.
Mushrooms, often categorized as vegetables, are technically classified as edible fungi. They are rich in essential nutrients like riboflavin, potassium, vitamin D, and selenium, which contribute to various health benefits. Clinical and preclinical studies have highlighted the role of mushrooms in supporting healthy immunity, weight management, and overall wellness. Additionally, their consumption has been linked to a reduced risk of diseases such as prostate and breast cancer, further boosting their popularity and market demand.
Information Source: https://www.fortunebusinessinsights.com/industry-reports/mushroom-market-100197
The market is divided based on type into oyster, shiitake, button, and others. By form, it is categorized into canned, frozen, fresh, and dried. Geographically, the market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
The report incorporates: