Edible Mushroom Market by Type, Form, Distribution Channel

List of Tables

[186 Pages Report] The Edible Mushroom Market size was estimated at USD 44.55 billion in 2023 and expected to reach USD 46.65 billion in 2024, at a CAGR 4.89% to reach USD 62.24 billion by 2030.

Edible mushrooms are a variety of fungi that are safe for consumption. Unlike some other fungi types, which can be toxic, edible mushrooms are often harvested for culinary use, either collected from the wild or cultivated under controlled conditions. Common sorts include species such as button mushrooms, oyster mushrooms, and shiitake mushrooms, among others. These mushrooms are used as food because of their nutritional value; they are a good source of protein, vitamins, and minerals and have low calorie and fat content. Edible mushrooms are appreciated for their nutritional benefits and for their diverse flavors and textures, which make them a versatile ingredient in many dishes across various cuisines. Increasing consumer awareness about the health and wellness benefits associated with mushrooms is driving demand. The rising popularity of global cuisine and exotic flavors has bolstered the use of mushrooms in cooking. As sustainable food sources, mushrooms have a low environmental footprint, requiring less water and land than traditional crops, thus appealing to ecologically conscious consumers. However, mushroom cultivation can be sensitive to environmental changes and prone to diseases, which might affect supply and pricing. Furthermore, innovations in biotechnology and cultivation techniques have improved yields and the quality of mushrooms being produced. Expansion into organic mushrooms, propelled by the organic food trend, presents substantial market opportunities.

KEY MARKET STATISTICS
Base Year [2023]	USD 44.55 billion
Estimated Year [2024]	USD 46.65 billion
Forecast Year [2030]	USD 62.24 billion
CAGR (%)	4.89%

Regional Insights

In the American region, the United States sees a robust demand for exotic mushroom varieties, such as Shiitake and Maitake, driven by health-conscious consumers. The United States Department of Agriculture supports research into sustainable practices and pest management tailored to mushroom cultivation. Canada's market is expanding with initiatives to utilize mushrooms in eco-friendly applications, such as biodegradable packaging materials derived from mycelium. Continued support from agricultural research bodies and environmental groups is encouraging such innovative applications. European Union countries have seen a rise in the demand for both fresh and processed mushrooms, fostered by a strong trend towards veganism and plant-based diets. Research grants from the European Commission to mushroom farmers are helping advance environmental sustainability in cultivation. The Middle East has a growing interest in gourmet and specialty mushrooms, with investments aimed at cultivating mushrooms using hydroponics and other soil-less methods for water conservation. Africa is at a nascent stage in mushroom cultivation, though it is seen as a tool for economic development and nutrition improvement. In the APAC, China is the largest producer and consumer of edible mushrooms, reflecting a deep-rooted culinary tradition. Ongoing investments focus on biotechnological advancements and sustainable farming practices. Japan offers a mature market with high consumer awareness regarding the health benefits of mushrooms. The research in Japan has been directed toward improving mushroom-derived nutraceuticals, which are dietary supplements derived from fungal sources. India is experiencing rapid market growth driven by increased awareness and changing dietary habits. The government's initiatives to support small-scale farmers and promote organic farming have also positively impacted this sector.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Edible Mushroom Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Increasing awareness of health and wellness
- Rising interest in sustainable farming practices

Market Restraints
- Concerns over storage and shelf life

Market Opportunities
- Enhanced production technologies in edible mushroom farming
- Research and development focused on mushroom varietal improvement

Market Challenges
- Shortage of skilled workforce in mushroom cultivation and processing

Market Segmentation Analysis
- Type: Growing popularity of oyster mushrooms in Asian cuisine, seafood dishes, and stir-fries due to its texture
- Distribution Channel: Expansion of e-commerce sector globally push the online sale of edible mushroom

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Edible Mushroom Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Edible Mushroom Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Investment by Applied Food Sciences, Inc. in KAAPA Biotech Ltd. to Enhance Functional Mushroom Production

Applied Food Sciences, Inc. has partnered strategically with KAAPA Biotech Ltd., a Finnish company known for its fungi cultivation. This collaboration aligns with Applied Food Sciences, Inc.'s objective to capitalize on the expanding market for functional mushrooms by incorporating high-quality, organic extracts from several mushroom species such as Lion's Mane, Reishi, Cordyceps, Chaga, Shiitake, and Maitake. KAAPA Biotech Ltd. emphasizes the importance of Finland's clean air and water in producing superior mushrooms, noting the company's sustainable practices and adherence to stringent local regulations. [Published On: 2023-08-08]

Development of U.S.-Based Edible Fungi Smart Factory by Singapura Finance Ltd. and Anhui Huayuan Food Co., Ltd.

Singapura Finance Ltd, a subsidiary of Shanghai Finc Biotechnology Co., LTD, in collaboration with Anhui Huayuan Food Co., Ltd., a player in the U.S. Asian food market, has unveiled plans to construct the first smart factory in the United States dedicated to the production of edible fungi. This joint venture in Houston, Texas aimed to produce 50 tons of American Enoki mushrooms daily, addressing the growing U.S. demand for healthy, sustainable food sources. [Published On: 2023-07-03]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Edible Mushroom Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Edible Mushroom Market, highlighting leading vendors and their innovative profiles. These include Bonduelle, Drinkwater Mushrooms Ltd., Far West Fungi, Faundez Gourmet SL, Giorgio Fresh Co., Gourmet Mushrooms, Inc., Greenyard NV, Hirano Mushroom LLC, Limax B.V., Mile High Fungi, Monaghan Mushrooms Ireland Unlimited Company, Monterey Mushrooms, LLC, Neofungi Soc. Cooperativa, Nuvedo labs Pvt Ltd., Okechamp S.A., Scelta Mushrooms BV, Shanghai Finc Bio-Tech Inc., The Giorgi Companies, Inc., The Mushroom Company, and Yukiguni Maitake Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Edible Mushroom Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Button Mushrooms
- Cremini Mushrooms
- Oyster Mushrooms
- Portobello Mushrooms
- Shiitake Mushrooms

Form
- Fresh
- Processed

Distribution Channel
- Offline
  - Specialty Stores
  - Supermarkets/hypermarkets

Online

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-7949F058390B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing awareness of health and wellness
  - 5.1.1.2. Rising interest in sustainable farming practices
- 5.1.2. Restraints
  - 5.1.2.1. Concerns over storage and shelf life
- 5.1.3. Opportunities
  - 5.1.3.1. Enhanced production technologies in edible mushroom farming
  - 5.1.3.2. Research and development focused on mushroom varietal improvement
- 5.1.4. Challenges
  - 5.1.4.1. Shortage of skilled workforce in mushroom cultivation and processing
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing popularity of oyster mushrooms in Asian cuisine, seafood dishes, and stir-fries due to its texture
- 5.2.2. Distribution Channel: Expansion of e-commerce sector globally push the online sale of edible mushroom
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Edible Mushroom Market, by Type

6.1. Introduction
6.2. Button Mushrooms
6.3. Cremini Mushrooms
6.4. Oyster Mushrooms
6.5. Portobello Mushrooms
6.6. Shiitake Mushrooms

7. Edible Mushroom Market, by Form

7.1. Introduction
7.2. Fresh
7.3. Processed

8. Edible Mushroom Market, by Distribution Channel

8.1. Introduction
8.2. Offline
8.3. Online

9. Americas Edible Mushroom Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Edible Mushroom Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Edible Mushroom Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Investment by Applied Food Sciences, Inc. in KAAPA Biotech Ltd. to Enhance Functional Mushroom Production
- 12.3.2. Development of U.S.-Based Edible Fungi Smart Factory by Singapura Finance Ltd. and Anhui Huayuan Food Co., Ltd.
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio