PUBLISHER: Grand View Research | PRODUCT CODE: 1888996
PUBLISHER: Grand View Research | PRODUCT CODE: 1888996
The global mushroom market size was estimated at USD 65,618.7 million in 2024, and is projected to reach USD 156,261.1 million by 2033 and growing at a CAGR of 10.2% from 2025 to 2033. Growing vegan population, rising health consciousness, and penetration of retail network are few key factors augmenting growth to the mushroom industry.
Besides, expansion of food processing industry has also been pivotal in fueling growth to the mushroom market. Meat is a key source of protein; thus, the population adopting a vegan diet is anticipated to prefer protein-rich vegan products to fulfill their daily protein requirements. Mushroom is one of the protein-rich vegan sources as it offers nearly 3.3 g of protein per 100 g of serving. Therefore, rising vegan population across the world is expected to augment the growth of mushroom market. The increasing rate of vegan population can also be witnessed by the rising shelf space for meat alternatives and vegan products, especially in developed regions such as North America and Europe.
Over 39% of people in the U.S. are actively adding more vegan food options to the dishes they eat mainly due to health and environmental concerns. This number has been significantly increasing year on year as the plant-based eating has become mainstream, especially among young people who are concerned about the environment and animal welfare.
Mushrooms are considered as a superfood due to their robust nutritional properties. They offer more amount of vitamin B2, B3, B5, zinc, and antioxidants than widely consumed vegan products such as potatoes, carrots, onions, and broccoli offer. In addition, mushrooms are low in calories and nearly 99% fat-free, making them the ideal diet for the health-conscious and fitness freak population.
Global Mushroom Market Report Segmentation
This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the mushroom market report on the basis of product, form, distribution channel, application, and region: