What are the recent trends in market size and growth for the dried mushroom market?
The dried mushroom market size has grown strongly in recent years. It will grow from $4.29 billion in 2024 to $4.72 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to increasing demand for umami flavor, increasing consumer awareness, growing popularity of vegan cuisine, high vitamin D content and natural composition of dried mushrooms, need for organic food.
The dried mushroom market size is expected to see strong growth in the next few years. It will grow to $6.81 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to growing health and wellness trends, rising interest in vegan food, versatile application in food products, expansion of e-commerce, increasing consumer health consciousness. Major trends in the forecast period include increasing demand for plant-based protein, the rise of functional foods, sustainability and organic products, culinary innovations, emergence of mushroom blends.
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What are the key forces behind the dried mushroom market’s growth in recent years?
The rising interest in vegan food is expected to drive the dried mushroom market going forward. Vegan food is made entirely from plant-based ingredients, excluding all animal products such as meat, dairy, and eggs. Veganism is growing due to health, environmental, and ethical factors. Additionally, ethical considerations regarding animal welfare drive people to adopt veganism to avoid contributing to the exploitation of animals. Dried mushrooms significantly contribute to the growing interest in vegan food by offering a rich, umami flavor and a meaty texture that improve the taste of plant-based dishes. For instance, in August 2024, according to the World Animal Foundation, a US-based digital platform that advocates for animal rights, ethical ownership of pets, and humane awareness, in 2024, veganism was practiced by 4 percent of the US population. Also, the sales of plant-based foods have increased by 6.6% in 2022 as compared to 2021. Therefore, the rising interest in vegan food drives the dried mushroom market.
What are the major segments of the dried mushroom market?
The dried mushroom market covered in this report is segmented –
1) By Product Type: Shiitake Mushrooms, Button Mushrooms, Oyster Mushrooms, Reishi Mushrooms, Milky Mushrooms, Winter Mushrooms, Paddy Straw
2) By Packaging: Cartons, Boxes, Polyethylene Bags
3) By Application: Food And Beverages, Food Supplements, Pharmaceuticals, Other Applications
4) By Distribution Channel: Supermarkets, Convenient Stores, E-Commerce, Specialized Stores
Subsegments:
1) By Shiitake Mushrooms: Whole Dried Shiitake Mushrooms, Sliced Dried Shiitake Mushrooms, Shiitake Mushroom Powder
2) By Button Mushrooms: Whole Dried Button Mushrooms, Sliced Dried Button Mushrooms, Button Mushroom Powder
3) By Oyster Mushrooms: Whole Dried Oyster Mushrooms, Sliced Dried Oyster Mushrooms, Oyster Mushroom Powder
4) By Reishi Mushrooms: Whole Dried Reishi Mushrooms, Reishi Mushroom Slices, Reishi Mushroom Powder (Used in Supplements and Teas)
5) By Milky Mushrooms: Whole Dried Milky Mushrooms, Sliced Dried Milky Mushrooms, Milky Mushroom Powder
6) By Winter Mushrooms: Whole Dried Winter Mushrooms, Sliced Dried Winter Mushrooms, Winter Mushroom Powder
7) By Paddy Straw Mushrooms: Whole Dried Paddy Straw Mushrooms, Sliced Dried Paddy Straw Mushrooms, Paddy Straw Mushroom Powder
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Which companies dominate the dried mushroom market?
Major companies operating in the dried mushroom market are Greenyard, Monaghan Mushrooms, Costa Group, Monterey Mushrooms LLC, Nature’s Way Brands, Roland Foods LLC, Dalian Gaishi Food Co. Ltd., Weikfield Foods Pvt. Ltd., Sabarot, Banken Champignons B.V., Fungi Perfecti, Hirano Mushroom LLC, Far West Fungi, Hughes Mushrooms, Fresh Mushroom Europe, Ann Miller’s Specialty Mushrooms Ltd., Mitoku Company Ltd., Sapna Foods Inc., Asia Pacific Farm Enterprises, Mycoterra Farm
What major trends will shape the dried mushroom market during the forecast period?
Major companies operating in the dried mushroom market are increasing their focus on launching organic nutraceutical mushroom extract to be used as ingredients by food and supplement manufacturers. Organic nutraceutical mushrooms are natural health supplements derived from mushrooms for dietary support, immune enhancement, and overall wellness benefits. For instance, in September 2022, Ethical Naturals Inc. an US-based manufacturer of botanical-based products, collaborated with Nammex to create Mushroom-Plus, a new range of organic mushroom extracts designed to address particular health conditions. The new components include Nammex organic mushroom extracts and additional bioactive compounds to increase their therapeutic benefits and marketability. The Mushroom-Plus products contain standardized, organically certified mushroom extracts from Nammex, blended with other bioactive ingredients to enhance their benefits.
What are the key regional dynamics of the dried mushroom market, and which region leads in market share?
North America was the largest region in the dried mushroom market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the dried mushroom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Dried Mushroom Market Report 2025 Offer?
The dried mushroom market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Dried mushrooms are fresh, edible mushrooms that have been dehydrated without preservatives, preserving their flavor and nutritional value for long-term use. These are used as ingredients in various food formulations such as soups, pasta, salads, snack seasonings, casseroles, and meat dishes after being rehydrated.
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