Market Size of Fresh Mushrooms Industry
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 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 Mushrooms Market Size Summary
The fresh mushroom market is experiencing steady growth, driven by increasing consumer interest in the nutritional and health benefits of mushrooms. This market is characterized by a diverse range of applications, from culinary uses to health supplements, with mushrooms being a low-calorie food rich in essential vitamins, minerals, and antioxidants. The Asia-Pacific region, particularly China, dominates the market both in terms of consumption and production, with significant contributions from countries like Japan, India, and South Korea. The market is further bolstered by technological advancements in cultivation and harvesting, which enhance production efficiency and meet the rising global demand. The burgeoning vegan population and the growing trend of using mushrooms as a meat alternative are also contributing to market expansion.
In addition to regional strengths, the fresh mushroom market is supported by strategic initiatives and investments aimed at expanding market reach and consumer awareness. For instance, Canada's investment in promoting the nutritional benefits of mushrooms is a testament to the industry's commitment to growth. The market is also witnessing innovations such as 3D printing with mycelium and the development of mycelium-based products, which open new avenues for application beyond traditional food uses. These developments, coupled with the increasing global demand for mushrooms, suggest a positive outlook for the market, with opportunities for further expansion in both domestic and international markets.
Fresh Mushrooms Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 The Increasing Shift Towards Plant-Based Diets
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1.2.2 Growing Culinary Applications of Fresh Mushroom
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1.2.3 Rise in Awareness of Health Benefits of Mushrooms
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1.3 Market Restraints
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1.3.1 Higher Perishability and Low Shelf Life
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1.3.2 Price Sensitivity Among Consumers
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 North America
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2.1.1.1 Canada
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2.1.1.1.1 Production Analysis
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2.1.1.1.2 Consumption Analysis and Market Value
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2.1.1.1.3 Import Market Analysis (Volume and Value)
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2.1.1.1.4 Export Market Analysis (Volume and Value)
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2.1.1.1.5 Price Trend Analysis
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2.1.1.2 United States
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2.1.1.2.1 Production Analysis
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2.1.1.2.2 Consumption Analysis and Market Value
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2.1.1.2.3 Import Market Analysis (Volume and Value)
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2.1.1.2.4 Export Market Analysis (Volume and Value)
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2.1.1.2.5 Price Trend Analysis
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2.1.1.3 Mexico
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2.1.1.3.1 Production Analysis
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2.1.1.3.2 Consumption Analysis and Market Value
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2.1.1.3.3 Import Market Analysis (Volume and Value)
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2.1.1.3.4 Export Market Analysis (Volume and Value)
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2.1.1.3.5 Price Trend Analysis
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2.1.2 Europe
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2.1.2.1 United Kingdom
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2.1.2.1.1 Production Analysis
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2.1.2.1.2 Consumption Analysis and Market Value
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2.1.2.1.3 Import Market Analysis (Volume and Value)
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2.1.2.1.4 Export Market Analysis (Volume and Value)
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2.1.2.1.5 Price Trend Analysis
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2.1.2.2 Netherlands
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2.1.2.2.1 Production Analysis
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2.1.2.2.2 Consumption Analysis and Market Value
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2.1.2.2.3 Import Market Analysis (Volume and Value)
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2.1.2.2.4 Export Market Analysis (Volume and Value)
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2.1.2.2.5 Price Trend Analysis
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2.1.2.3 Italy
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2.1.2.3.1 Production Analysis
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2.1.2.3.2 Consumption Analysis and Market Value
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2.1.2.3.3 Import Market Analysis (Volume and Value)
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2.1.2.3.4 Export Market Analysis (Volume and Value)
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2.1.2.3.5 Price Trend Analysis
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2.1.2.4 Germany
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2.1.2.4.1 Production Analysis
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2.1.2.4.2 Consumption Analysis and Market Value
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2.1.2.4.3 Import Market Analysis (Volume and Value)
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2.1.2.4.4 Export Market Analysis (Volume and Value)
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2.1.2.4.5 Price Trend Analysis
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2.1.2.5 Ireland
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2.1.2.5.1 Production Analysis
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2.1.2.5.2 Consumption Analysis and Market Value
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2.1.2.5.3 Import Market Analysis (Volume and Value)
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2.1.2.5.4 Export Market Analysis (Volume and Value)
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2.1.2.5.5 Price Trend Analysis
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2.1.2.6 Poland
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2.1.2.6.1 Production Analysis
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2.1.2.6.2 Consumption Analysis and Market Value
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2.1.2.6.3 Import Market Analysis (Volume and Value)
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2.1.2.6.4 Export Market Analysis (Volume and Value)
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2.1.2.6.5 Price Trend Analysis
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2.1.3 Asia-Pacific
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2.1.3.1 China
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2.1.3.1.1 Production Analysis
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2.1.3.1.2 Consumption Analysis and Market Value
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2.1.3.1.3 Import Market Analysis (Volume and Value)
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2.1.3.1.4 Export Market Analysis (Volume and Value)
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2.1.3.1.5 Price Trend Analysis
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2.1.3.2 India
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2.1.3.2.1 Production Analysis
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2.1.3.2.2 Consumption Analysis and Market Value
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2.1.3.2.3 Import Market Analysis (Volume and Value)
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2.1.3.2.4 Export Market Analysis (Volume and Value)
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2.1.3.2.5 Price Trend Analysis
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2.1.3.3 Japan
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2.1.3.3.1 Production Analysis
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2.1.3.3.2 Consumption Analysis and Market Value
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2.1.3.3.3 Import Market Analysis (Volume and Value)
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2.1.3.3.4 Export Market Analysis (Volume and Value)
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2.1.3.3.5 Price Trend Analysis
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2.1.4 South America
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2.1.4.1 Chile
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2.1.4.1.1 Production Analysis
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2.1.4.1.2 Consumption Analysis and Market Value
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2.1.4.1.3 Import Market Analysis (Volume and Value)
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2.1.4.1.4 Export Market Analysis (Volume and Value)
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2.1.4.1.5 Price Trend Analysis
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2.1.4.2 Brazil
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2.1.4.2.1 Production Analysis
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2.1.4.2.2 Consumption Analysis and Market Value
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2.1.4.2.3 Import Market Analysis (Volume and Value)
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2.1.4.2.4 Export Market Analysis (Volume and Value)
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2.1.4.2.5 Price Trend Analysis
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2.1.5 Middle East & Africa
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2.1.5.1 Turkey
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2.1.5.1.1 Production Analysis
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2.1.5.1.2 Consumption Analysis and Market Value
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2.1.5.1.3 Import Market Analysis (Volume and Value)
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2.1.5.1.4 Export Market Analysis (Volume and Value)
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2.1.5.1.5 Price Trend Analysis
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2.1.5.2 South Africa
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2.1.5.2.1 Production Analysis
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2.1.5.2.2 Consumption Analysis and Market Value
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2.1.5.2.3 Import Market Analysis (Volume and Value)
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2.1.5.2.4 Export Market Analysis (Volume and Value)
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2.1.5.2.5 Price Trend Analysis
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Fresh Mushrooms Market Size 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.