Shiitake Mushroom Market Size and Share

Shiitake Mushroom Market Summary
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Shiitake Mushroom Market Analysis by Mordor Intelligence

The shiitake mushroom market size sits at USD 2.12 billion in 2026 and is forecast to reach USD 3.04 billion by 2031, advancing at a 7.12% CAGR. Climate-resilient strains, widening regulatory acceptance, and a pivot toward clean-label protein are the central forces underpinning growth. Gene-edited varieties that fruit at temperatures 3-4 °C higher than legacy strains are improving biological efficiency and narrowing supply gaps during hotter months. Platform brands are moving beyond commodity sales into powdered and extract formats, capturing premiums of 15-25% over dried whole mushrooms. At the same time, tightened EU limits on cadmium and lead are compelling exporters to overhaul substrate sourcing and post-harvest washing, raising quality and price floors. Asia-Pacific holds the revenue lead, but Europe’s sustainability mandates and e-commerce penetration position it as the fastest-growing region through 2031.

Key Report Takeaways

  • By Form, Fresh shiitake commanded 61.12% of the shiitake mushroom market share in 2025. Powder and extract formats are projected to expand at an 8.79% CAGR through 2031.
  • By Application, Food and beverage captured 72.78% of value in 2025, dietary supplements led growth with a 9.25% CAGR forecast to 2031.
  • By Geography, Asia-Pacific generated 35.31% of 2025 revenue, while Europe is set to post an 8.17% CAGR.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Form: Shelf-Stable Formats Gain Share

Powder and extract variants are forecast to outperform the broader shiitake mushroom market at an 8.79% CAGR through 2031. Fresh shiitake retained 61.12% of 2025 revenue courtesy of culinary demand in Asia-Pacific, yet growth slows under cold-chain inflation. Shelf-stable SKUs travel without refrigeration, which trims logistics costs by up to half and broadens retail reach. Spray-drying conserves lentinan, eritadenine, and ergothioneine, positioning powdered shiitake as a functional ingredient in ready-to-mix broths and meat analogs.

Dried whole mushrooms anchor the international trade lane because a 1:8 rehydration ratio delivers value to foodservice kitchens. Meanwhile, extract suppliers post higher margins of USD 15-25 per kilogram versus USD 8-12 for dried. Small-batch brands procure through B2B portals that offer third-party certificates of analysis, reinforcing trust. The overall shiitake mushroom market size for dried formats is expected to approach USD 1.5 billion by 2031, while powders move toward USD 0.9 billion. Gene-edited strains that fruit in warmer climates will likely expand fresh capacity, yet shelf-stable products remain the volume driver for cross-border e-commerce.

Shiitake Mushroom Market: Market Share by Form
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By Application: Nutraceuticals Outpace Culinary Uses

In 2025, the food and beverage sector contributed 72.78% of the total revenue. However, the dietary supplements market is anticipated to grow at the fastest pace, with a projected CAGR of 9.25% through 2031. Companies specializing in functional products are emphasizing lentinan's immunomodulatory properties, offering capsules standardized to contain 20% polysaccharides to meet consumer demand. The pharmaceutical sector, which requires injectable lentinan, accounts for 42% of the global extract output. This high demand enables the pharmaceutical segment to maintain price premiums in the market.

Although the personal care segment remains a niche, shiitake extracts are increasingly being incorporated into anti-aging serums and UV-protective creams due to their antioxidant benefits. The shiitake mushroom market linked to dietary supplements is projected to reach USD 0.8 billion by 2031, while pharmaceutical applications, driven by rising oncology-related demand, are expected to achieve a market size of USD 1 billion. Regulatory frameworks in the United States and European Union have established cGMP standards, ensuring batch consistency and quality, which are critical for health-sector buyers. Beyond 2031, emerging opportunities in animal feed and mycelium-based materials are being explored, although these areas currently lack the scale necessary for significant market impact.

Shiitake Mushroom Market: Market Share by Application
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Geography Analysis

Asia-Pacific held 35.31% of global shiitake revenue in 2025, anchored by China's dominance in production and domestic consumption, yet Europe will register the fastest regional CAGR at 8.17% through 2031, propelled by sustainability mandates and premium positioning of organic, locally sourced mushrooms. China produces over 85% of global shiitake volume, with Hubei province serving as the epicenter of dried and semi-processed exports that supply North American and European markets at landed costs 30-40% below domestic growers. Japan's mature market exhibits stable per-capita consumption, while Vietnam and India represent emerging production hubs leveraging lower labor costs and favorable climates. The OECD-FAO Agricultural Outlook 2024-2033 projects that sustained urbanization in Asia-Pacific will drive per-capita consumption of convenience foods, amplifying demand for shelf-stable shiitake ingredients. However, tightening heavy-metal regulations China's GB 2762-2017 permits cadmium up to 0.5 mg/kg versus the EU's 0.15 mg/kg limit under Regulation 2023/915 force exporters to upgrade substrate sourcing and post-harvest handling.

North America's shiitake market contracted during 2023-24 as domestic production fell 30% and grower prices climbed to USD 4.90 per pound, reflecting cold-chain cost inflation and competition from Chinese imports usda.gov. U.S. consumers increasingly favor organic certifications and local sourcing, creating a bifurcated market where premium fresh shiitake coexists with low-cost dried imports. Canada and Mexico contribute modest volumes, with Mexico emerging as a re-export hub for dried shiitake destined for U.S. foodservice channels. The FDA's GRAS determination for fermented shiitake mycelium protein in 2024 unlocked plant-based formulation opportunities, positioning North America as a lead market for powdered and extract formats.

Europe's 8.17% CAGR reflects a convergence of sustainability policies, premium retail positioning, and cross-border e-commerce growth. The EU's Regulation 2023/915 enforces stricter cadmium and lead limits than any other region, compelling importers to implement traceability systems and third-party testing that add 5-8% to landed costs[3]Source: U.S. Department of Agriculture Economic Research Service, “Mushroom Production and Prices 2023-24,” usda.gov. Germany, the United Kingdom, France, Italy, and Spain dominate consumption, with organic shiitake commanding 20-30% price premiums over conventional varieties. The MUBIC project demonstrated that biogas digestate can replace virgin sawdust in substrate formulations, generating carbon credits under voluntary offset schemes and improving unit economics for small-scale producers europa.eu. South America and Middle East & Africa remain nascent markets, with Brazil and South Africa exhibiting early adoption among health-conscious urban consumers, yet infrastructure gaps and limited cold-chain networks constrain growth.

Shiitake Mushroom Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The shiitake mushroom market remains highly consolidated, indicating that the top 5 manufacturers collectively hold approximately 1% of global volume. Xuerong Biotechnology leads with roughly 1.5% market share, yet no single player exerts pricing power or dictates industry standards. This fragmentation stems from low barriers to entry in substrate-based cultivation, regional taste preferences that favor local suppliers, and the commodity nature of fresh shiitake in Asia-Pacific wholesale markets. Vertical integration, from spawn production through processing and distribution defines the strategies of leading players such as Hokto Kinoko, Monterey Mushrooms, and Monaghan Mushrooms, who leverage scale economies in cold-chain logistics and retail relationships to defend margins against Chinese imports.

White-space opportunities center on high-margin extracts and powdered formats, where biological-efficiency gains from gene-edited strains and supercritical CO₂ extraction lines can command 15-25% premiums over commodity dried mushrooms. Emerging disruptors include mycelium-based ingredient suppliers such as Meati Foods, which raised USD 100 million in April 2024 to scale fermentation platforms that produce shiitake-flavored mycoprotein for plant-based meat analogs. Enifer secured EUR 33 million in August 2024 to build a PEKILO mycoprotein factory, signaling investor confidence in fungal fermentation as a scalable alternative to field agriculture. 

KKR's exploration of new backers for Sylvan Inc., the world's largest mushroom spawn producer, in August 2024 underscores private equity's interest in consolidating upstream supply chains. Technology adoption IoT-enabled climate control, automated harvesting systems, CRISPR-edited heat-tolerant strains separates incumbents from smallholders, yet regulatory fragmentation around gene-edited organisms delays commercial rollout in Europe. Compliance with ISO 22000 food safety management systems and EU Regulation 2023/915 for heavy metals has become a baseline expectation for exporters targeting premium retail channels.

Shiitake Mushroom Industry Leaders

  1. Nammex

  2. Hirano Mushroom LLC

  3. Lianfeng (Suizhou) Food Co.,

  4. Monterey Mushrooms, Inc.

  5. M2 INGREDIENTS

  6. *Disclaimer: Major Players sorted in no particular order
Nammex, Hirano Mushroom LLC, Lianfeng (Suizhou) Food Co.,, Monterey Mushrooms, Inc., M2 INGREDIENTS
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Recent Industry Developments

  • February 2025: Hill Farmers’ Shiitake Mushroom Co-op Soc. Ltd. of Meghalaya, India, signed a collaborative agreement with YATS Corporation of Japan to develop market linkages and a robust supply chain for shiitake mushrooms.
  • December 2024: Iwatec Corporation started operations of its innovative self-consumption energy system for a shiitake mushroom cultivation plant factory in Satsumasendai City, Kagoshima Prefecture, Japan.
  • March 2024: A Japanese company has agreed to assist in marketing shiitake mushrooms produced in Meghalaya, India, through a collaboration with local growers to expand market access and boost premium sales. The partnership aims to leverage Japan's expertise in high-quality shiitake cultivation and global distribution.

Table of Contents for Shiitake Mushroom Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Consumer Preference for Umami-Rich Plant-Based Foods
    • 4.2.2 Growing Recognition of Shiitake’s Clinically Backed Health Benefits
    • 4.2.3 Expansion of China-Centric Low-Cost Export Supply Chains
    • 4.2.4 Rapid Uptake of Shelf-Stable Dried and Powdered Formats in Cross-Border E-Commerce
    • 4.2.5 Carbon-Credit Revenue from Sawdust-Waste Up-Cycling
    • 4.2.6 Gene-Edited, Climate-Resilient High-Yield Strains Reach Pilot Scale
  • 4.3 Market Restraints
    • 4.3.1 High Perishability Driving Cold-Chain Cost Inflation
    • 4.3.2 Price Competition From Lower-Cost Oyster and Button Mushrooms
    • 4.3.3 Tighter Pesticide-Residue and Heavy-Metal Import Tolerances
    • 4.3.4 Biomass-Energy Boom Tightening Hardwood Sawdust Supply
  • 4.4 Supply Chain Analysis
  • 4.5 Regulatory Outlook
  • 4.6 Porter’s Five Forces
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECAST (VALUE)

  • 5.1 Form
    • 5.1.1 Fresh
    • 5.1.2 Dried
    • 5.1.3 Powder/Extracts
  • 5.2 Applications
    • 5.2.1 Food and Beverages
    • 5.2.2 Dietary Supplements
    • 5.2.3 Personal Care and Cosmetics
    • 5.2.4 Pharmaceuticals
    • 5.2.5 Other Applications
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 India
    • 5.3.3.2 China
    • 5.3.3.3 Japan
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Ranking Analysis
  • 6.4 Company Profiles (includes Global-level Overview, Market-level Overview, Core Segments, Financials (if available), Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
    • 6.4.1 Xuerong Biotechnology
    • 6.4.2 Hokto Kinoko Co., Ltd.
    • 6.4.3 Monterey Mushrooms, Inc.
    • 6.4.4 Monaghan Mushrooms
    • 6.4.5 Lianfeng (Suizhou) Food Co.
    • 6.4.6 Hirano Mushroom LLC
    • 6.4.7 Fresh Mushroom Europe NV
    • 6.4.8 M2 Ingredients
    • 6.4.9 Nammex
    • 6.4.10 China Greenfresh Group
    • 6.4.11 JUNESUN FUNGI
    • 6.4.12 Shanghai Bright Esunyes
    • 6.4.13 Starway Bio-technology
    • 6.4.14 Ruyiqing
    • 6.4.15 Jiangsu Hualv
    • 6.4.16 HuBei SenYuan
    • 6.4.17 Shandong Youhe
    • 6.4.18 Zhuhai Sunny Evergreen Food
    • 6.4.19 Chengde Runlong Foodstuffs
    • 6.4.20 Anyuan Tianhua
    • 6.4.21 Shenzhen Dalishi

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Shiitake Mushroom Market Report Scope

The shiitake mushroom market is segmented by form into fresh, dried, and powders/extracts. By Applications, the market is segmented into food and beverages, dietary supplements, personal care and cosmetics, pharmaceuticals, and other applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa. The market sizing has been done in value terms in USD for all the abovementioned segments.

Form
Fresh
Dried
Powder/Extracts
Applications
Food and Beverages
Dietary Supplements
Personal Care and Cosmetics
Pharmaceuticals
Other Applications
By Geography
North AmericaUnited States
Canada
Mexico
Rest of North America
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificIndia
China
Japan
Australia
Rest of Asia-Pacific
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSouth Africa
Saudi Arabia
Rest of Middle East and Africa
FormFresh
Dried
Powder/Extracts
ApplicationsFood and Beverages
Dietary Supplements
Personal Care and Cosmetics
Pharmaceuticals
Other Applications
By GeographyNorth AmericaUnited States
Canada
Mexico
Rest of North America
EuropeGermany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-PacificIndia
China
Japan
Australia
Rest of Asia-Pacific
South AmericaBrazil
Argentina
Rest of South America
Middle East and AfricaSouth Africa
Saudi Arabia
Rest of Middle East and Africa
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Key Questions Answered in the Report

How large is the shiitake mushroom market in 2026?

The shiitake mushroom market size is USD 2.12 billion in 2026.

What is the forecast growth rate through 2031?

The market is projected to advance at a 7.12% CAGR to 2031.

Which form category is expanding the fastest?

Powders and extracts are expected to post an 8.79% CAGR through 2031.

Why is Europe the fastest growing region?

Sustainability mandates and premium positioning drive an 8.17% CAGR for Europe.

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