Growth Spurt: Edible Fungus Market Projected to Reach US $82.2 Billion by 2032, Fueled by 5.5% CAGR! Unveiling the Rising Demand for Nutrient-Rich Mushroom

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, sales of edible fungus market are estimated to reach a value of USD 82.2 Billion by 2032, surging at 5.5% CAGR through the decade.

The growing demand for low-fat, low-cholesterol foods that are high in vitamins, minerals, and other micronutrients like potassium and selenium is likely to drive growth in the global mushroom market. The rapidly growing foodservice business is causing an increase in the demand for mushrooms in hotels, restaurants, and cafeterias.

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The market will develop in the upcoming years as a result of the rising demand for mushrooms as a meat alternative and the growing number of vegan consumers. Major Asian mushroom-producing nations are finding new markets as a result of growing demand for processed mushrooms, notably in Western nations.

A number of governments are making investments in the creation of higher-quality mushroom species that are suitable for export to other nations as well as safe for human eating. Higher yields of mushrooms can be obtained by using an improved pest management strategy to reduce damage caused by insect infestations, which would ultimately help the mushroom market flourish.

Key Takeaways from Market Study

  • China is the world’s largest producer of mushrooms, with the country having the highest per capita consumption of edible fungus of any region.
  • Fresh mushroom demand is increasing around the world, particularly in the United States and other developed economies.
  • The button mushroom has a significant market share in the Edible Mushroom Market.
  • Fresh Mushroom segment dominates the Global Edible Mushroom market due to easy availability, consumer acceptance, and increased awareness about the disadvantages of using processed food products.

“The growing acceptance of Western cuisine among networks in non-industrial countries contributes to the global development of edible mushrooms during the forecasted period,” says a lead analyst at Future Market Insights.

Competitive Landscape

The edible fungus market is expanding rapidly in many developed and emerging economies, but organized distribution remains a challenge in many countries and regions. Investment by market participants and the government in developing a fresh and processed distribution system for mushrooms would provide significant growth opportunities for global mushroom sales.

Some of the key players in the Edible Fungus Market include Xuerong Biotechnology, Ruyiqing, JUNESUN FUNGI, China Greenfresh Group, Shanghai Bright Esunyes, Starway Bio-technology.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of edible fungus presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Edible Fungus Market by Category

By Product Type, Edible Fungus Market is Segmented as:

  • Shiitake
  • Auricularia Auricula-judae
  • Pleurotus Ostreatus
  • Enokitake
  • Agaricus Bisporus

By Application, Edible Fungus Market is Segmented as:

  • Fresh Mushrooms
  • Dried Mushrooms
  • Canned Mushrooms
  • Frozen Mushrooms

By Region, Edible Fungus Market is Segmented as:

  • North America
  • Latin America
  • Europe
  • Middle east and Africa
  • East Asia
  • South Asia
  • Oceania

Dive Deeper into Edible Fungus Insights: Curious About Market Trends and Segmentation? Ask an Analyst for In-Depth Understanding and Expert Perspectives @
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Frequently Asked Questions

  • At what rate will the Edible Fungus Market grow?
  • What is the expected value of the Edible Fungus Market by 2032?
  • What are the key factors driving the Edible Fungus Market?
  • Which region adds to the highest Edible Fungus Market Valuation?
  • What are the key strategies adopted by the major players of the Edible Fungus Market?
  • Who are the key players in the Edible Fungus Market?

About Future Market Insights, Inc.:

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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