Pholiota adiposa grows wild in temperate forests in Europe, Asia, and North America, on dead or weakened deciduous trees — mainly oak, beech, poplar, and birch. It appears in autumn, usually in dense clusters at the base of trunks or on fallen branches. Its Latin name refers to the greasy or shiny surface of the cap.
It has a long-established presence in traditional Japanese and Chinese cuisine. In Japan, it is known as numeri-sugitake and is commonly used in soups, stews, and rice dishes. Its use in Western cuisine is more recent and less widespread, although its cultivation has grown in Europe in recent years, driven by an interest in mushroom varieties beyond button and oyster mushrooms.
This species requires more care in its cultivation than other varieties of the genus Pleurotus, which explains its lower market presence and generally higher price. Cultivation is usually carried out on hardwood logs or substrates enriched with wood sawdust.