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Mushroom Market


Food & Beverage
Consumer F&B

Mushrooms are in prime focus in the food industry for their multi-functional benefits. They are gaining popularity owing to their high nutritional values and are gradually approaching a “super food” status. Mushrooms are a rich source of proteins and have very low or zero fat and cholesterol, and hence are widely accepted in most of the regions of the world. Increase in the consumption of processed food across the world is one of the major driving factors of the mushroom market. Being a promising and profitable business, mushroom cultivation is widely adopted by growers. Factors such as R&D and innovations to enhance the acceptability and continuous improving technologies to increase mushroom shelf-life are also projected to drive the mushroom market in the next five years.

Mushroom Market Size, by Type, 2014 vs. 2019 ($Million)

Mushroom Market

E – Estimated; P - Projected

Source: Expert Interviews and MarketsandMarkets Analysis

The mushroom market is projected to grow at a CAGR of 9.5% between 2014 and 2019. The market was dominated by Europe in 2013, which accounted for around 45% of the total market. The region is also projected to be the fastest-growing during the period considered for this study. Consumers prefer healthy and low-fat food and are aware about health and wellness and hence there has been a significant change in their food preferences and eating habits.

In terms of types, button mushrooms are projected to have the largest market, globally; however, the shiitake mushrooms market is projected to be the fastest growing from 2014 to 2019.

The market for mushroom is characterized by intense competition due to the presence of a large number of both large- and small-scale firms. Expansions, acquisitions, agreements, and new product launches are the key strategies adopted by market players to ensure their growth in the market. The market is dominated by players such as Costa Pty Ltd. (Australia), Phillips Mushroom Farms, Inc. (U.S.), Shanghai FINC Bio-Tech Inc. (China), and Bonduelle Fresh Europe (France).

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