South Korea Mushroom Market (2025-2031) | Companies, Industry, Revenue, Share, Analysis, Trends, Growth, Value, Size, Forecast & COVID-19 IMPACT

South Korea Mushroom Market Highlights

Report Name	South Korea Mushroom Market
Forecast Period	2025-2031
CAGR	4.8%
Growing Sector	Food

Topics Covered in South Korea Mushroom Market Report

South Korea Mushroom Market report thoroughly covers the market by Application, Product, Form, and Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

South Korea Mushroom Market Synopsis

South Korean mushroom market is expected to experience significant growth due to increasing consumer awareness about the nutritional benefits of mushrooms and the rising demand for plant-based protein sources. However, challenges such as fluctuating prices and limited availability of key mushroom varieties may hinder market growth.

According to 6Wresearch, South Korea Mushroom Market size is expected to grow at a significant CAGR of 4.8% during 2025 - 2031. One of the main drivers of growth in the South Korean mushroom market is the growing popularity of mushrooms among consumers. They are rich in vitamins, minerals, antioxidants, and fibre, making them a popular choice for health-conscious consumers. The increasing trend towards plant-based diets has also contributed to the rise in demand for mushrooms, as they are a great source of protein and can serve as a meat substitute in many dishes. Another key driver of the South Korean mushroom market is the growing demand for exotic and gourmet varieties. These varieties have unique flavours and are less costly compared to button mushrooms.  Additionally, government initiatives have also played a significant role in driving growth in the South Korean mushroom market.

One of the main challenges is the limited land available for cultivation. South Korea is a highly urbanized country with limited arable land. This makes it difficult for local farmers to expand their operations and keep up with consumer demand and hence the country heavily relies on imports. Another challenge is the competition from other countries in the region such as China and Japan. These countries are major producers of mushrooms and often offer lower prices, making it difficult for South Korean producers to compete. Additionally, fluctuations in weather conditions and disease outbreaks can also affect mushroom production and supply, creating uncertainties for farmers.

South Korea Mushroom Industry: Leading Players

South Korea's mushroom market is highly competitive, with several key players dominating the industry. The largest producer and exporter of mushrooms in the country is Jeju Island, known for its high-quality and diverse range of mushrooms. Other major players include FarmHannong Co., Ltd., a leading agricultural company that produces organic and eco-friendly mushrooms, as well as Chung Jung One Corporation, which offers various mushroom-based food products. Nongshim Co., Ltd. is another prominent player, specializing in mushroom snacks and instant noodles with mushroom toppings.

South Korea Mushroom Market: Government Regulations

The South Korean government has been actively promoting the growth of the mushroom industry through various initiatives. In recent years, there has been a focus on developing sustainable and eco-friendly methods of production, as well as increasing exports to other countries. The government has also provided financial support and subsidies for mushroom farmers, encouraging them to adopt advanced technology for cultivation. In addition, the Korean Agricultural Technology Extension Service (KATES) offers training programs and technical assistance to help improve the quality and yield of mushrooms. 

Future Insights of the Market

The South Korean mushroom market is expected to continue its positive growth trajectory in the coming years. This can be attributed to factors such as rising health consciousness among consumers, increasing demand for organic and natural products, and advancements in agricultural technology for mushroom cultivation. The consumption of mushrooms is also expected to increase due to their various health benefits, including boosting immunity and aiding in weight loss. With the government's continued support and initiatives, the market is likely to witness further growth and innovation.

Market Segmentation by Form

According to Ravi Bhandari, Research Manager, 6Wresearch, the processed mushroom segment is gaining traction due to the rising demand for convenience foods and ready-to-eat meals due to busy lifestyles and increasing disposable incomes. 

Market Segmentation by Product

Based on the Product, the button segment is currently the largest and fastest-growing in the South Korean mushroom market. This can be attributed to its versatility and wide range of uses in various cuisines, making it a popular choice among consumers.

Market Segmentation by Distribution Channel

Based on the Distribution Channel, online stores are experiencing significant growth due to advancements in technology and changing consumer behaviour towards online shopping.

Market Segmentation by Application

Based on the Application, the food segment holds the largest market share due to the widespread use of mushrooms in various dishes, including soups, salads, and stir-fries. 

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• South Korea Mushroom Market Outlook
• Market Size of South Korea Mushroom Market, 2024
• Forecast of South Korea Mushroom Market, 2031
• Historical Data and Forecast of South Korea Mushroom Revenues & Volume for the Period 2021-2031
• South Korea Mushroom Market Trend Evolution
• South Korea Mushroom Market Drivers and Challenges
• South Korea Mushroom Price Trends
• South Korea Mushroom Porter's Five Forces
• South Korea Mushroom Industry Life Cycle
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Product for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Button for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Shiitake for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Oyster for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Matsutake for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Truffles for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Form for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Fresh for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Processed for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Distribution Channel for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Direct to Customer for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Grocery Stores for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Convenience Store for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Online Stores for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Food for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
• Historical Data and Forecast of South Korea Mushroom Market Revenues & Volume By Cosmetics for the Period 2021-2031
• South Korea Mushroom Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Distribution Channel
• Market Opportunity Assessment By Application
• South Korea Mushroom Top Companies Market Share
• South Korea Mushroom Competitive Benchmarking By Technical and Operational Parameters
• South Korea Mushroom Company Profiles
• South Korea Mushroom Key Strategic Recommendations

Market Covered

The report provides a detailed analysis of the following market segments:

By Product

• Button
• Shiitake
• Oyster
• Matsutake
• Truffles
• Others

By Form

• Fresh
• Processed

By Distribution Channel

• Direct To Customer
• Grocery Stores
• Supermarkets & Hypermarkets
• Convenience Store
• Online Stores

By Application

• Food
• Pharmaceuticals
• Cosmetics