Mushroom Prices

Mushroom Prices December 2023

In the fourth quarter of 2023, the price of mushroom in the United States reached 2.24 USD/lb by December.

Mushroom Price Trend, Market Analysis, and News

IMARC's latest publication, “Mushroom Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the mushroom market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of mushroom at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed mushroom price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting mushroom pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Mushroom Market Analysis

The global mushroom market size reached US$ 67.6 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 116.8 Billion, at a projected CAGR of 6.10% during 2023-2032.

• The global shift toward plant-based diets is dramatically increasing demand for mushrooms as a meat substitute. As per Food Revolution Network, in 2020, plant-based dairy and meat sales were over US$ 29 Billion and were projected to increase to US$ 162 Billion by 2030. This means that plant-based meat and dairy alternatives are already making up nearly 8% of the global protein foods market. According to the Bloomberg Intelligence Report, plant-based food sales are expected to increase fivefold by 2030. Mushrooms have a unique combination of savory umami flavor and meat-like texture, making them very tempting to vegans, vegetarians, and flexitarians looking for alternate protein sources. Unlike many other plant-based proteins, mushrooms provide a great culinary experience and offer nutritional benefits such as low calorie and fat content while high in critical nutrients such as vitamins, minerals, and antioxidants. This movement in dietary habits is motivated by health reasons and by environmental and ethical concerns about animal consumption. Mushrooms take fewer resources to cultivate than livestock, making them a more sustainable option.
• Gourmet and specialty mushrooms, such as chanterelles, portabellas, morels, and truffles, are becoming increasingly popular due to their distinct culinary appeal and limited availability. Chefs, culinary connoisseurs, and high-end restaurants seek out these mushrooms due to their distinct flavors, textures, and capacity to elevate meals to gourmet levels. As per Mushroom Council, brown mushrooms i.e., criminis and portabellas, increased from 30% of fresh mushroom dollar sales in 2013 to 42% in 2023. Brown mushrooms gained nearly US$213 Million in sales, reflecting a 67.4% increase. The exclusivity of these mushrooms adds a premium factor, attracting discerning consumers who respect quality and culinary complexity. Chanterelles are regarded for their delicate, fruity aroma and golden color, whilst morels are noted for their earthy flavor and unique honeycomb texture. Truffles, with their deep aroma and umami richness, are especially sought after, despite their high cost and seasonal availability.

Mushroom News

The report covers the latest developments, updates, and trends impacting the price of mushroom, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the mushroom price trend.

Latest developments in the mushroom industry:

• In July 2023, Mushroom-protein brand Meati Foods partners with AI firm Pipa LLC to explore health benefits of mushroom root products. The application of Pipa’s AI will accelerate Meati’s understanding of the full range of health and nutrition benefits associated with its nutrient-dense, whole-food products based on mycelium, referenced as mushroom root.

Product Description

Mushrooms are a type of fungus distinguished by their fruiting body, which normally consist of a cap (pileus) on top of a stalk (stipe). Mushrooms belong to the Fungi kingdom, which includes molds, yeasts, and mildews. They perform an important role in ecosystems as decomposers, breaking down organic materials and returning nutrients back into nature. Mushrooms reproduce using spores, which are small reproductive cells produced from the gills or holes beneath the cap. These spores are spread by air currents and can germinate under the right conditions to generate new fungal colonies. In addition to their ecological roles, mushrooms are culturally significant in many communities. They have been used for centuries as food sources, medicines, and in religious or spiritual practices. Some mushrooms are prized for their culinary qualities, while others are valued for their medicinal properties or psychoactive effects.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the mushroom price trend. 

Global Mushroom Price

The report offers a holistic view of the global mushroom pricing trends in the form of mushroom price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of mushroom, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed mushroom demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Mushroom Price

European mushroom prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for mushroom can also be provided for an extensive list of European countries.

North America Mushroom Price

The analysis of mushroom prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific mushroom historical data within the United States and Canada can also be provided.

Middle East and Africa Mushroom Price

The report explores the mushroom pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Mushroom Price

The mushroom pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This mushroom price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Mushroom Price

The analysis of mushroom prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of mushroom pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting mushroom price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The mushroom price charts ensure our clients remain at the forefront of the industry.