Mushroom Market Size to Worth Around USD 100.20 Bn by 2030

The Mushroom market is projected to reach US$ 100.20 Bn by 2030. And registering a CAGR of around 11.5% over the forecast period 2021 – 2030.

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Growth Factors

The increasing popularity of vegan diets across developed economies on account of growing environmental concerns and consumer awareness regarding animal welfare is likely to have a positive impact on the industry growth.

Rising consumer preferences for natural ingredient-based food and cosmetic products owing to the growing awareness regarding the side effects of synthetic products are expected to drive demand for mushrooms. Furthermore, mushrooms are rich sources of vitamins, antioxidants, essential oils, proteins, and other bioactive compounds, which lead to its increasing demand in pharmaceutical applications.

Report Coverage

Report Scope Details
Market Size USD 100.20 billion by 2030
Growth Rate CAGR of 11.5% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Form, Distribution Channel, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Bonduelle Group; Costa Group; Greenyard; Monaghan Group; OKECHAMP S.A.; Shanghai Fengke Biological Technology Co., Ltd.

By Product Analysis

Button product type was the highest segment with a volume share of 62.8% in 2020. It is expected to register a steady CAGR over the forecast period. They are widely cultivated across the world due to their nutritional benefits and lower incubation time taken by their spores. Furthermore, their lower cost as compared to their counterparts is expected to drive the segment over the forecast period.

the oyster type segment is expected to witness the largest CAGR of 12.2% over the forecast period. Oyster product types are popular in Chinese, Japanese, and Korean cooking due to their delicate texture and mild-savory flavor.

By Form Analysis

The fresh form segment accounted the market with a revenue share of 90.6% in 2020 due to the high demand for fresh mushrooms as a result of increased preference for organic and unprocessed foods. The distribution of fresh products is challenging for the manufacturers or distributors due to their limited shelf life.

the processed form is expected to witness the largest CAGR of 10% from 2021 to 2030. Processed types include dried, frozen, canned, pickled, and powdered forms. Additional processing, such as canning, freezing, or drying, is essential to extend the shelf life of the product.

By Distribution Channel Analysis 

The supermarkets & hypermarkets segment dominated for the highest revenue share of over 40% in 2020 as mushrooms are majorly distributed through these distribution channels. In developed regions, such as Europe and North America, the penetration of supermarkets and hypermarkets is higher than that in the developing regions.

Grocery stores offer a broad range of processed products as compared to convenience stores with better discounts owing to their high-volume procurement than the latter. The limited space in most cities favors the establishment of grocery stores in place of supermarkets & hypermarkets.

By Application Analysis

 The food application segment dominated for the largest revenue share of over 89% in the year 2020. This application considers the utilization of fresh and processed forms by the household as well as food service providers. Growing product popularity among health-conscious consumers and fitness enthusiasts is driving the segment growth.

Consumers are opting for healthier beverage and food products that are infused with nutrients extracted from clean or natural sources. To capitalize on this trend, food & beverage companies are launching mushroom-based food & beverages.

Mushrooms are rich sources of various bioactive compounds, such as polysaccharides, triterpenes, polyphenols, proteins, amino acids, and organic germanium. Mushrooms are rich in several key compounds, such as phenolics, polyphenolics, terpenoids, selenium, polysaccharides, and vitamins, which show excellent antioxidant, anti-aging, anti-wrinkle, skin whitening, and moisturizing effects.

By Regional Analysis

Asia Pacific led the market and dominated for over 79% share of global revenue in 2020. China, Japan, Malaysia, India, and Australia make some of the largest markets in the region. China led the market in 2020, in terms of production, with more than 78% contribution and per capita annual consumption of up to 10 kg.

Europe is one of the key consumers in the market and relies majorly on imports. Higher per capita income in the developed markets of the region is expected to create growth opportunities for exotic mushrooms like gourmet products.

The local demand from hotels, restaurants, and food chains was largely affected due to the lockdowns imposed in the region. North America holds a significant share in the market owing to higher market penetration in developed economies, such as the U.S. and Canada.

Key Players

  • Bonduelle Group
  • Costa Group
  • Greenyard
  • Monaghan Group
  • OKECHAMP S.A
  • Shanghai Fengke Biological Technology Co., Ltd.

Market Segmentation

  • Product
    • Button
    • Shiitake
    • Oyster
    • Matsutake
    • Truffles
    • Other
  • Form
    • Fresh
    • Processed
  • Distribution Channel
    • Direct to Customer
    • Grocery Stores
    • Supermarkets & Hypermarkets
    • Convenience Stores
    • Online Stores
  • Application
    • Food
    • Pharmaceutical
    • Cosmetics
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Mushroom Market, By Product

7.1.  Mushroom Market, by Product, 2021-2030

7.1.1.    Button

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Shiitake

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Oyster

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Matsutake

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Truffles

7.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Mushroom Market, By Form

8.1.  Mushroom Market, by Form, 2021-2030

8.1.1.    Fresh

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Processed

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Mushroom Market, By Distribution Channel

9.1.  Mushroom Market, by Distribution Channel, 2021-2030

9.1.1.    Direct to Customer

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Grocery Stores

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Supermarkets & Hypermarkets

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Convenience Stores

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Online Stores

9.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Mushroom Market, By Application

10.1.        Mushroom Market, by Application, 2021-2030

10.1.1.  Food

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Pharmaceutical

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Cosmetics

10.1.3.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Mushroom Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Product (2017-2030)

11.1.2.  Market Revenue and Forecast, by Form (2017-2030)

11.1.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.4.  Market Revenue and Forecast, by Application (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Product (2017-2030)

11.2.2.  Market Revenue and Forecast, by Form (2017-2030)

11.2.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.4.  Market Revenue and Forecast, by Application (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Form (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Product (2017-2030)

11.3.2.  Market Revenue and Forecast, by Form (2017-2030)

11.3.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.4.  Market Revenue and Forecast, by Application (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Form (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Product (2017-2030)

11.4.2.  Market Revenue and Forecast, by Form (2017-2030)

11.4.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.4.  Market Revenue and Forecast, by Application (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Product (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Form (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Product (2017-2030)

11.5.2.  Market Revenue and Forecast, by Form (2017-2030)

11.5.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.4.  Market Revenue and Forecast, by Application (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Form (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Product (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Form (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 12.  Company Profiles

12.1.              Bonduelle Group

12.1.1.  Company Overview

12.1.2.  Product Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              Costa Group

12.2.1.  Company Overview

12.2.2.  Product Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              Greenyard

12.3.1.  Company Overview

12.3.2.  Product Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Monaghan Group

12.4.1.  Company Overview

12.4.2.  Product Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              OKECHAMP S.A

12.5.1.  Company Overview

12.5.2.  Product Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Shanghai Fengke Biological Technology Co., Ltd.

12.6.1.  Company Overview

12.6.2.  Product Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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