The oyster mushroom market size has grown strongly in recent years. It will grow from $52.39 billion in 2024 to $56.26 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to increase their shelf life, increase the shelf life of mushrooms, increase in the hectic lifestyles of people worldwide, raises demand for organically grown products with high nutritional value, and increasing urbanization.
The oyster mushroom market size is expected to see strong growth in the next few years. It will grow to $73.79 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to increasing attractiveness of mushroom market, rising popularity of vegetarian, increasing demand for oyster mushroom, growing demand for functional food as well as health benefits associated with consuming oyster mushrooms, and rising demand for plant-based proteins. Major trends in the forecast period include innovation in packaging and processing, technological advancements in cultivation, biotechnology for disease resistance, sustainable substrates, and advancements in automated cultivation systems.
The increasing popularity of veganism is expected to drive the growth of the oyster mushroom market in the coming years. Veganism is a lifestyle that avoids all animal products and promotes cruelty-free and sustainable practices, encompassing food, clothing, and other aspects of life. The rise of veganism is attributed to factors such as health benefits, animal welfare concerns, environmental issues, culinary innovation, endorsements from celebrities and influencers, cultural shifts, economic considerations, and better availability of vegan products. Oyster mushrooms offer a nutritious, versatile, and sustainable food source, making them an ideal choice for those following a vegan diet. For example, in January 2024, the UK-based news outlet *Vegconomist* reported that the UK’s vegan population had reached 2.5 million, meaning that 4.7% of adults now follow a plant-based diet. This marks a significant increase of 1.1 million people between 2023 and 2024. As a result, the growing popularity of veganism is contributing to the expansion of the oyster mushroom market.
Major companies in the oyster mushroom market are actively innovating by developing new products such as burgers and sausages to meet the growing consumer demand for plant-based and sustainable food choices. These products utilize Hooba, an ingredient derived from oyster mushrooms known for its ability to create healthier and flavorful meat alternatives. Hooba contains proteins and essential micronutrients including antioxidants, vitamins, and minerals found in oyster mushrooms. For instance, in May 2024, Myco Foods, a UK-based food company, introduced its inaugural line of burgers and sausages made from their proprietary Hooba protein sourced from oyster mushrooms. The company asserts that Hooba has been validated in taste tests as virtually indistinguishable from real animal meat, appealing to meat-eaters interested in sustainable plant-based options.
In July 2022, Ethical Naturals, a US-based manufacturer specializing in botanical extracts, collaborated with Nammex to introduce a novel series of formulated ingredients called Mushroom-Plus. This partnership combines Nammex's proficiency in organic mushroom extracts with Ethical Naturals' proprietary ingredients to develop mushroom-based functional ingredients tailored for specific health and wellness benefits. Nammex, based in Canada, is recognized for its expertise in providing oyster mushrooms and other organic mushroom extracts.
Major companies operating in the oyster mushroom market are Monterey Mushrooms LLC, Nammex, South Mill Mushroom Sales Inc., Amax NutraSource Inc., Ceres Solutions Ltd., Country Fresh LLC, Bio-Botanica Inc., Fungaia Farm, Mushroom Company, Hunan Huacheng Biotech Inc., Hoopers Island Oyster Co., Phillips Mushroom Farms L.P., Bristol Botanicals Ltd, Xi'an Greena Biotech Co. Ltd., Qingdao Dacon Trading Co., Optimi Health Corp., Highline Produce Limited, Gourmet Mushrooms Company, Mushroom Science, Traveler Produce LLC, Urban Farm Co., Enviro Mushroom Farm Inc., Maritime Gourmet Mushrooms Inc., Valley Mushrooms, Champag Inc.
Asia Pacific was the largest region in the oyster mushroom market in 2024. The regions covered in the oyster mushroom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the oyster mushroom market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Oyster mushrooms, scientifically identified as Pleurotus ostreatus, are a variety of edible fungi typically found in temperate and subtropical forests worldwide. They are named for their cap resembling an oyster and are prized in culinary circles for their delicate, anise-like flavor and tender texture. In their natural habitat, oyster mushrooms grow in clusters on decaying hardwood trees, but they are also extensively cultivated for culinary purposes.
There are several main types of oyster mushrooms, including pearl oysters, blue oysters, golden oysters, pink oysters, phoenix oysters, and king oysters. Among these, pearl oyster mushrooms (Pleurotus ostreatus) are the most commonly encountered variety. Oyster mushrooms are available in both fresh and processed forms, distributed through various channels such as hypermarkets, supermarkets, convenience stores, specialty shops, online sales platforms, as well as medical and other distribution channels.
The oyster mushroom market research report is one of a series of new reports that provides oyster mushroom market statistics, including oyster mushroom industry global market size, regional shares, competitors with an oyster mushroom market share, detailed oyster mushroom market segments, market trends, and opportunities, and any further data you may need to thrive in the oyster mushroom industry. This oyster mushroom market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The oyster mushroom market consists of sales of fresh oyster mushrooms, canned oyster mushrooms, dried oyster mushrooms, oyster mushroom powder, and oyster mushroom chips. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Oyster Mushroom Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on oyster mushroom market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for oyster mushroom ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The oyster mushroom market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Pearl Oyster; Blue Oyster; Golden Oyster; Pink Oyster; Phoenix Oyster; King Oyster2) By Form: Fresh; Processed
3) By Distribution Channel: Hypermarkets and Supermarkets; Convenience Stores; Specialty Stores; Online Sales Channel; Medical; Other Distribution Channels
Subsegments:
1) By Pearl Oyster: White Pearl Oyster; Organic Pearl Oyster; Dried Pearl Oyster; Fresh Pearl Oyster; Packaged Pearl Oyster2) By Blue Oyster: Fresh Blue Oyster; Dried Blue Oyster; Organic Blue Oyster; Blue Oyster Mushroom Powder
3) By Golden Oyster: Fresh Golden Oyster; Dried Golden Oyster; Organic Golden Oyster; Golden Oyster Mushroom Extract
4) By Pink Oyster: Fresh Pink Oyster; Dried Pink Oyster; Organic Pink Oyster; Pink Oyster Mushroom Powder
5) By Phoenix Oyster: Fresh Phoenix Oyster; Dried Phoenix Oyster; Organic Phoenix Oyster; Phoenix Oyster Mushroom Extract
6) By King Oyster: Fresh King Oyster; Dried King Oyster; Organic King Oyster; King Oyster Mushroom Powder; Sliced King Oyster
Key Companies Mentioned: Monterey Mushrooms LLC; Nammex; South Mill Mushroom Sales Inc.; Amax NutraSource Inc.; Ceres Solutions Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Oyster Mushroom market report include:- Monterey Mushrooms LLC
- Nammex
- South Mill Mushroom Sales Inc.
- Amax NutraSource Inc.
- Ceres Solutions Ltd.
- Country Fresh LLC
- Bio-Botanica Inc.
- Fungaia Farm
- Mushroom Company
- Hunan Huacheng Biotech Inc.
- Hoopers Island Oyster Co.
- Phillips Mushroom Farms L.P.
- Bristol Botanicals Ltd,
- Xi'an Greena Biotech Co. Ltd.
- Qingdao Dacon Trading Co.
- Optimi Health Corp.
- Highline Produce Limited
- Gourmet Mushrooms Company
- Mushroom Science
- Traveler Produce LLC
- Urban Farm Co.
- Enviro Mushroom Farm Inc.
- Maritime Gourmet Mushrooms Inc.
- Valley Mushrooms
- Champag Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 56.26 Billion |
Forecasted Market Value ( USD | $ 73.79 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |