Fresh Mushroom Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 56.90 Million |
| Market Size (2029) | USD 72.20 Million |
| CAGR (2024 - 2029) | 4.87 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
Fresh Mushroom Market Analysis
The Fresh Mushrooms Market size is estimated at USD 56.90 million in 2024, and is expected to reach USD 72.20 million by 2029, at a CAGR of 4.87% during the forecast period (2024-2029).
Global demand for fresh mushrooms has surged, fueled by evolving dietary preferences and heightened awareness of their health benefits. As health-conscious consumers increasingly turn towards organic and plant-based foods, mushrooms have emerged as both a culinary essential and a nutritional asset. The Asia-Pacific region, with China at the forefront, leads the global mushroom landscape. In 2022, China not only ranked as the world's largest mushroom producer but also as its biggest consumer, accounted over 80% of global output. Varieties like shiitake and oyster mushrooms hold a revered place in Asian cuisine and are celebrated for their medicinal value in traditional Chinese medicine. This cultural significance, combined with robust demand from both culinary and pharmaceutical sectors, bolsters the region's mushroom market. Additionally, Japan and South Korea play pivotal roles, especially in the premium mushroom segment.
Major mushroom producers are increasing their production through the expansion of units. For instance, in 2023, South Mill Champs, a US-based mushroom cultivator and supplier, entered a cross-border partnership with Grupo APAL, a private investment firm from Mexico. Their joint venture, named Royal Champs S. de R.L. de C.V., is set to establish and manage composting and mushroom cultivation facilities at various locations across Mexico. Thus, expansion of production units and increased usage of mushrooms across various industries are the factors estimated to drive fresh mushroom market during the forecast period.
Fresh Mushroom Market Trends
Rising Health Consciousness to Propel Mushroom Consumption
Mushrooms, known for their low-calorie content, are packed with essential vitamins, minerals, and antioxidants, making them a valuable dietary addition. For instance, mushrooms treated with ultraviolet light emerge as a potent vitamin D source, vital for bone and immune health. Each mushroom variety has its distinct nutritional attributes; Crimini mushrooms, for instance, are a notable zinc source. Zinc is crucial for strengthening the immune system and ensuring optimal growth in infants and children. The expanding vegan population, combined with the rising trend of mushrooms as a meat alternative, is poised to drive market growth. According to Food and Agriculture Organization (FAO), global mushroom production increased from 42.9 million metric tons in 2020 to 48.3 million metric tons in 2022 due to the the huge benefits of mushrooms globally. These factors are boosting the demand for mushrooms in the consumers and tend to grow in the following years.
In 2022, the Canadian Government invested up to USD 344,100 in the Canadian Mushroom Growers' Association (Mushrooms Canada). This funding, channeled through the Agri Marketing Program, seeks to stimulate growth in Canada's mushroom sector. The allocated funds aim to raise awareness among consumers and stakeholders regarding the nutritional advantages of mushrooms. The primary objective of this initiative is to maintain and boost the demand and consumption of Canadian mushrooms, both within Canada and in the United States through industry-led promotional activities.
Asia-Pacific Dominates the Market
The Asia-Pacific region dominates the fresh mushroom market, with China leading as both a major consumer and producer. In 2022, China accounted for over 80% of the global fresh mushroom production. Other significant markets in the Asia-Pacific include Japan, India, Malaysia, and South Korea. South Korea, with its multitude of producers, often sees lower domestic prices. As a result, these producers are increasingly exploring opportunities in the international arena. Following the Asia-Pacific, Europe, America, and Africa emerge as other significant producers of fresh mushrooms.
In addition to seeking international markets, key countries are using automation to boost efficiency. For instance, machinery powered by artificial intelligence is now automating the traditionally labor-intensive task of cutting mushrooms. This innovation aims to cut down the workforce from over 150 workers in production and packaging, allowing for larger quantities of mushrooms to be processed in a shorter timeframe. According to the Food and Agriculture Organization (FAO), China's mushroom production reached 45.4 million metric tons in 2022, showing an increase from the previous year
Japan leads the world in matsutake mushroom consumption, keeping almost its entire domestic harvest for local use and importing substantial amounts from China. According to Japan's Agriculture Ministry, middle-class consumers in China are increasingly acquiring a taste for matsutake mushrooms, primarily due to their health benefits. This surging demand is poised to boost the regional market in the coming years.
Fresh Mushroom Market News
- February 2024: Neofungi, a leading Spanish player in the fresh mushroom sector, has ramped up its production capacity, increasing output from 800,000 to a million kilos annually.
- February 2023: Mushrooms Inc. has unveiled plans for acquisitions and a vertically integrated approach. By collaborating with established leaders in the diversified mushroom market, they're venturing into new territories. This includes pioneering mycelium-based materials science and biotechnology, developing a patentable process for mushroom-derived cosmetics and anti-aging skin products, introducing a superfood, and spearheading several innovative remediation projects.
Fresh Mushroom Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 The Increasing Shift Towards Plant-Based Diets
4.2.2 Growing Culinary Applications of Fresh Mushroom
4.2.3 Rise in Awareness of Health Benefits of Mushrooms
4.3 Market Restraints
4.3.1 Higher Perishability and Low Shelf Life
4.3.2 Price Sensitivity Among Consumers
4.4 Value Chain Analysis
5. MARKET SEGMENTATION
5.1 Geography
5.1.1 North America
5.1.1.1 Canada
5.1.1.1.1 Production Analysis
5.1.1.1.2 Consumption Analysis and Market Value
5.1.1.1.3 Import Market Analysis (Volume and Value)
5.1.1.1.4 Export Market Analysis (Volume and Value)
5.1.1.1.5 Price Trend Analysis
5.1.1.2 United States
5.1.1.2.1 Production Analysis
5.1.1.2.2 Consumption Analysis and Market Value
5.1.1.2.3 Import Market Analysis (Volume and Value)
5.1.1.2.4 Export Market Analysis (Volume and Value)
5.1.1.2.5 Price Trend Analysis
5.1.1.3 Mexico
5.1.1.3.1 Production Analysis
5.1.1.3.2 Consumption Analysis and Market Value
5.1.1.3.3 Import Market Analysis (Volume and Value)
5.1.1.3.4 Export Market Analysis (Volume and Value)
5.1.1.3.5 Price Trend Analysis
5.1.2 Europe
5.1.2.1 United Kingdom
5.1.2.1.1 Production Analysis
5.1.2.1.2 Consumption Analysis and Market Value
5.1.2.1.3 Import Market Analysis (Volume and Value)
5.1.2.1.4 Export Market Analysis (Volume and Value)
5.1.2.1.5 Price Trend Analysis
5.1.2.2 Netherlands
5.1.2.2.1 Production Analysis
5.1.2.2.2 Consumption Analysis and Market Value
5.1.2.2.3 Import Market Analysis (Volume and Value)
5.1.2.2.4 Export Market Analysis (Volume and Value)
5.1.2.2.5 Price Trend Analysis
5.1.2.3 Italy
5.1.2.3.1 Production Analysis
5.1.2.3.2 Consumption Analysis and Market Value
5.1.2.3.3 Import Market Analysis (Volume and Value)
5.1.2.3.4 Export Market Analysis (Volume and Value)
5.1.2.3.5 Price Trend Analysis
5.1.2.4 Germany
5.1.2.4.1 Production Analysis
5.1.2.4.2 Consumption Analysis and Market Value
5.1.2.4.3 Import Market Analysis (Volume and Value)
5.1.2.4.4 Export Market Analysis (Volume and Value)
5.1.2.4.5 Price Trend Analysis
5.1.2.5 Ireland
5.1.2.5.1 Production Analysis
5.1.2.5.2 Consumption Analysis and Market Value
5.1.2.5.3 Import Market Analysis (Volume and Value)
5.1.2.5.4 Export Market Analysis (Volume and Value)
5.1.2.5.5 Price Trend Analysis
5.1.2.6 Poland
5.1.2.6.1 Production Analysis
5.1.2.6.2 Consumption Analysis and Market Value
5.1.2.6.3 Import Market Analysis (Volume and Value)
5.1.2.6.4 Export Market Analysis (Volume and Value)
5.1.2.6.5 Price Trend Analysis
5.1.3 Asia-Pacific
5.1.3.1 China
5.1.3.1.1 Production Analysis
5.1.3.1.2 Consumption Analysis and Market Value
5.1.3.1.3 Import Market Analysis (Volume and Value)
5.1.3.1.4 Export Market Analysis (Volume and Value)
5.1.3.1.5 Price Trend Analysis
5.1.3.2 India
5.1.3.2.1 Production Analysis
5.1.3.2.2 Consumption Analysis and Market Value
5.1.3.2.3 Import Market Analysis (Volume and Value)
5.1.3.2.4 Export Market Analysis (Volume and Value)
5.1.3.2.5 Price Trend Analysis
5.1.3.3 Japan
5.1.3.3.1 Production Analysis
5.1.3.3.2 Consumption Analysis and Market Value
5.1.3.3.3 Import Market Analysis (Volume and Value)
5.1.3.3.4 Export Market Analysis (Volume and Value)
5.1.3.3.5 Price Trend Analysis
5.1.4 South America
5.1.4.1 Chile
5.1.4.1.1 Production Analysis
5.1.4.1.2 Consumption Analysis and Market Value
5.1.4.1.3 Import Market Analysis (Volume and Value)
5.1.4.1.4 Export Market Analysis (Volume and Value)
5.1.4.1.5 Price Trend Analysis
5.1.4.2 Brazil
5.1.4.2.1 Production Analysis
5.1.4.2.2 Consumption Analysis and Market Value
5.1.4.2.3 Import Market Analysis (Volume and Value)
5.1.4.2.4 Export Market Analysis (Volume and Value)
5.1.4.2.5 Price Trend Analysis
5.1.5 Middle East & Africa
5.1.5.1 Turkey
5.1.5.1.1 Production Analysis
5.1.5.1.2 Consumption Analysis and Market Value
5.1.5.1.3 Import Market Analysis (Volume and Value)
5.1.5.1.4 Export Market Analysis (Volume and Value)
5.1.5.1.5 Price Trend Analysis
5.1.5.2 South Africa
5.1.5.2.1 Production Analysis
5.1.5.2.2 Consumption Analysis and Market Value
5.1.5.2.3 Import Market Analysis (Volume and Value)
5.1.5.2.4 Export Market Analysis (Volume and Value)
5.1.5.2.5 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Fresh Mushroom Industry Segmentation
A mushroom is a fungus's fleshy, spore-bearing fruiting body, typically produced above ground, on soil, or its food source. The fresh mushrooms market is segmented by geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The report offers detailed production (volume), consumption (volume and value), export (volume and value), import (volume and value), and price trend analysis of the market. The report offers market estimation and forecast in both value (USD) and volume (metric tons) for the above-mentioned segments.
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Fresh Mushroom Market Research FAQs
How big is the Fresh Mushrooms Market?
The Fresh Mushrooms Market size is expected to reach USD 56.90 million in 2024 and grow at a CAGR of 4.87% to reach USD 72.20 million by 2029.
What is the current Fresh Mushrooms Market size?
In 2024, the Fresh Mushrooms Market size is expected to reach USD 56.90 million.
Which is the fastest growing region in Fresh Mushrooms Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Fresh Mushrooms Market?
In 2024, the Asia-Pacific accounts for the largest market share in Fresh Mushrooms Market.
What years does this Fresh Mushrooms Market cover, and what was the market size in 2023?
In 2023, the Fresh Mushrooms Market size was estimated at USD 54.13 million. The report covers the Fresh Mushrooms Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fresh Mushrooms Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Fresh Mushroom Industry Report
Statistics for the 2024 Fresh Mushroom market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Fresh Mushroom analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Fresh Mushroom Market Report Snapshots
