Oyster Mushroom Market Report 2026

The oyster mushroom market size has grown strongly in recent years. It will grow from $55.82 billion in 2025 to $59.64 billion in 2026 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing consumption of edible mushrooms, expansion of vegetarian and vegan diets, availability of low-cost cultivation substrates, growth of specialty produce markets, rising demand from food service sectors.

The oyster mushroom market size is expected to see strong growth in the next few years. It will grow to $75.65 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing adoption of indoor mushroom farming, expansion of value-added mushroom extracts, rising demand for immune-supporting foods, growth in online specialty food sales, increasing focus on sustainable crop cultivation. Major trends in the forecast period include rising demand for plant-based protein sources, expansion of organic and specialty mushroom cultivation, growing use of oyster mushrooms in functional foods, increasing adoption of processed mushroom products, enhanced focus on controlled environment farming.

The growing popularity of veganism is expected to propel the growth of the oyster mushroom market going forward. Veganism is a lifestyle that avoids the use of all animal products and promotes cruelty-free and sustainable practices across food, clothing, and other consumer choices. The increasing adoption of veganism is driven by health benefits, animal welfare concerns, environmental sustainability, culinary innovation, celebrity and influencer endorsements, cultural shifts, economic considerations, and improved availability of vegan products. Oyster mushrooms support vegan diets by offering a nutritious, versatile, and sustainable food option. They are rich in protein, fiber, antioxidants, vitamins, and minerals, while also providing a meaty texture that makes them an appealing alternative to animal-based foods. For instance, in January 2024, according to Vegconomist, a UK-based provider of plant-based and cellular agriculture news, the UK’s vegan population reached 2.5 million, representing 4.7% of adults and reflecting an increase of 1.1 million people between 2023 and 2024. Therefore, the growing popularity of veganism is driving the growth 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 January 2023, GrowLife Inc., a US-based agricultural technology company, acquired Bridgetown Mushrooms LLC for an undisclosed amount. Through this acquisition, GrowLife Inc. aims to strengthen its presence in the U.S. mushroom industry by expanding production capacity and diversifying its product portfolio. Bridgetown Mushrooms LLC is a US-based specialty agriculture company that produces gourmet and functional mushrooms, mushroom-infused products, and mycology supplies for commercial mushroom growers.

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., 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 2025. The regions covered in the oyster mushroom market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the oyster mushroom market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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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