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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
The market players are focusing on product innovations and are increasing their research and development investments to explore the potential applications of mushrooms
- Costa Group
- Hughes Group
- Monaghan Mushrooms
- Monterey Mushrooms Inc.
- Okechamp S.A.
- Others
In June 2021, Monaghan Mushrooms’ innovation arm, MBio, developed a new vegan burger product using mushrooms, which aligns with the growing trend of meat alternatives and plant-based diets.
There is a surge in collaboration between market players and private equity investment businesses for a strategic alliance in the agricultural sector, specifically targeting the global mushroom production market. By joining forces, these companies aim to expand their market reach globally. Expertise in mushroom production, combined with the financial and strategic support from investment firms, can enable firms to increase their presence in existing markets and target new ones.
Mushroom Market Report Snapshots
Mushroom Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 68.03 billion.
The market is estimated to grow at a CAGR of 8.0% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 136.47 billion by 2032.
The major market drivers include the mushroom's strong nutritional and culinary capabilities, growing usage of mushrooms as a meat alternative, growing popularity of organic foods, increased urbanisation, growing technological advancements in mushroom packaging, and rising disposable incomes.
The key trends aiding the market growth include rising demand for plant-based food products, sustainable mushroom farming practices, growing demand for value-added mushrooms, and innovations in mushroom cultivation.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The major mushroom types considered in the market report are button, shiitake, and oyster, among others.
The various forms of mushroom are fresh, frozen, dried, and canned, among others.
The several distribution channels in the market are supermarkets and hypermarkets, grocery stores, and online, among others.
The major players in the market are Costa Group, Hughes Group, Monaghan Mushrooms, Monterey Mushrooms Inc., and Okechamp S.A., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124