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The contribution of fungi to the global economy

Allen Grace T. NiegoIloilo Science and Technology University, La Paz, 5000, Iloilo, PhilippinesChristopher LambertDepartment Microbial Drugs, Helmholtz Centre for Infection Research, Inhoffenstrasse 7, 38124, Brunswick, GermanyPeter E. MortimerKey Laboratory for Plant Diversity and Biogeography of East Asia, Kunming Institute of Botany, Chinese Academy of Sciences, Kunming, 650201, Yunnan, People’s Republic of ChinaNaritsada ThongklangCenter of Excellence in Fungal Research, Mae Fah Luang University, Chiang Rai, ThailandSylvie RapiorInstitut des Sciences des Plantes de MontpellierMiriam GroßeInstitute of Microbiology, Technische Universität Braunschweig, Spielmannstraße 7, 38106, Brunswick, GermanyHedda SchreyInstitute of Microbiology, Technische Universität Braunschweig, Spielmannstraße 7, 38106, Brunswick, GermanyEsteban Charria‐GirónDepartment Microbial Drugs, Helmholtz Centre for Infection Research, Inhoffenstrasse 7, 38124, Brunswick, GermanyArttapon WalkerCenter of Excellence in Fungal Research, Mae Fah Luang University, Chiang Rai, ThailandKevin D. HydeDepartment of Biology, Faculty of Science, Chiang Mai University, Chiang Mai, 50200, ThailandMarc StadlerInstitute of Microbiology, Technische Universität Braunschweig, Spielmannstraße 7, 38106, Brunswick, Germany

2023en

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Litsenziya: cc-by

ABI

Annotatsiya

Abstract Fungi provide ecological and environmental services to humans, as well as health and nutritional benefits, and are vital to numerous industries. Fermented food and beverage products from fungi are circulating in the market, generating billions of USD. However, the highest potential monetary value of fungi is their role in blue carbon trading because of their ability to sequester large amounts of carbon in the soil. There are no conclusive estimates available on the global monetary value of fungi, primarily because there are limited data for extrapolation. This study outlines the contribution of fungi to the global economy and provides a first attempt at quantifying the global monetary value of fungi. Our estimate of USD 54.57 trillion provides a starting point that can be analysed and improved, highlighting the significance of fungi and providing an appreciation of their value. This paper identifies the different economically valuable products and services provided by fungi. By giving a monetary value to all important fungal products, services, and industrial applications underscores their significance in biodiversity and conservation. Furthermore, if the value of fungi is well established, they will be considered in future policies for effective ecosystem management.

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DOI: 10.1007/s13225-023-00520-9

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