Global Mushroom Market

 

The global mushroom market is projected to attain a value of USD 91.99 Billion by 2027 from USD 51.53 billion in 2021, at a CAGR of 9.3% during the forecast period (2022–2027)

Mushrooms are fleshy, nourishing fruit bodies of certain macrofungal groups that can be hand-picked and grow underground or above ground. Its edibility is defined by the absence of hazardous effects on humans, as well as a pleasant flavour and aroma. The global mushroom market is witnessing a significant growth in the demand for mushrooms with each passing year. They are a healthy and nutritious food that can be used in many different dishes. They are also relatively easy to grow, so they are becoming more popular with farmers and home gardeners alike. Additionally, mushrooms can be used as a natural source of medicine, and many people believe that they have health benefits.

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Top Players Company Profiles

  • Walsh Mushrooms Group (Ireland)
  • Mycelia (Belgium)
  • Smithy Mushrooms Ltd. (UK)
  • Rheinische Pilz Zentrale GmbH (Germany)
  • Italspwan (Italy)
  • Mushroom SAS (Italy)

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Recent Developments

  • In May 2022, Meati, a start-up that makes whole-cut meat substitutes from mushroom roots has released its first steak fillet product. Meati's steak fillet is created from mycelium, the vegetative portion of fungus that consists of thread-like strands, and is available direct-to-consumer through the brand's website.
  • In May 2022, Upexi, a division of Grove Inc. and leading producer in mushroom market, has launched a medicinal mushroom product line that is available directly to consumers and on Amazon. The company sells mushroom extracts in the United States. The USDA Certified Organic brand offers a full line of liquid extracts (tinctures) and gummies, with cultivation in the Pacific Northwest and extraction/formulation in California.

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