Global Mushroom Cultivation Market – Industry Trends and Forecast to 2030

Global Mushroom Cultivation Market, By Type (Button Mushroom, Oyster Mushroom, Shiitake Mushroom and Others), Phase (Composting, Spawning, Casing, Pinning, Harvesting), Form (Canned, Frozen, Fresh, Dried, Others), Raw Material (Animal Based, Bio-Based Industrial Trash, Others), Applications (Bedding and Cushions and Others) – Industry Trends and Forecast to 2030.

Mushroom Cultivation Market Analysis and Size

Mushroom growing is one of the most advantageous agricultural businesses that can start with small capital and space. Mushroom farming is progressively becoming more popular among many people as a secondary source. Today, mushroom farming is most lucrative and fruitful industry. It is gradually gaining popularity because it swiftly turns the grueling labour of farmers into profit. Moreover, an increase in demand for natural and vegan food and food in the diet and growing health-consciousness among consumers are the major factors anticipated to accelerate the demand for mushroom cultivation and enhance the market growth rate during the forecast period.

Data Bridge Market Research analyses that the mushroom cultivation market is expected to reach USD 29.26 billion by 2030, which is USD 18.64 billion in 2022, registering a CAGR of 5.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Mushroom Cultivation Market Scope and Segmentation

Market Definition

Mushroom cultivation is a technology of increasing mushrooms by using animal, plant and industrial waste. In brief it is wealth out of waste technology. This technology has gained significance globally because of its proteins and dietary fibres value. Mushroom is a fungi belonging to basidiomycetes. It is rich in vitamins, proteins, fibres and minerals. There are more than 3000 types of mushrooms. For instance, Oyster mushroom (Pleurotus sps.), Button mushroom (Agaricus bisporus), Paddy straw mushroom (Volvariella volvacea).

Global Mushroom Cultivation Market Dynamics

Drivers

• Growing demand for button mushroom

The button mushroom is highly consumed mushroom type all around the globe and can potentially deliver many health benefits. This mushroom type is grown commercially in almost all the major mushroom producing economies such as the US, China, Japan, the UK, Poland and Germany. Increased research and development activities on the white mushroom to find the potential to prevent from cancer coupled with its availability at reasonable prices as compared to other special mushroom varieties, is expected to increase the demand for the button mushroom in the forecast period. It contributes more than 40 percent of global production and eventually drive the growth rate of the market.

• Rising health consciousness among consumers

The growth of the global is expected to be fuelled by increasing consumer demand for foods which are low in fat and cholesterol and high in nutrients. Its usage in dietary supplements has augmented because it comprises digestive enzymes and fibers that support gut and immune health. The demand for restaurants, hotels and cafeterias is increasing owing to the explosive growth of the food service industry. Mushroom cultivation can provide health benefits and nutritional benefits by adding fungus powders to smoothies, sauces and soups.

Opportunities

• Rise in the introduction of latest technologies

Rise in the efforts by the major market players to adopt the latest technologies such as computerised and automated technologies will increase the commercial production of mushrooms, which is anticipated to generate numerous opportunities for the market players in the global mushroom cultivation market growth during the forecast period. The development and improvement of modern technologies, such as preparation of compost, production of mushrooms in non-composted substrate, computerized control, automated mushroom harvesting, and new methods of spawn preparation and substrate sterilization, will increase the productivity of mushroom culture in upcoming years.

Restraints/ Challenges

• Issues associated with mushroom cultivation market

The limited shelf-life of the mushrooms and irregularity in the proper process management will anticipated to restrain the growth of the global mushroom cultivation market during the forecast period. Moreover, consumer credit is one of the foremost and biggest factor which will challenge the market growth. Also, the increase in the operational expenses might further challenge the mushroom cultivation market growth in upcoming years.

This mushroom cultivation market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the mushroom cultivation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Mushroom Cultivation Market Scope

The mushroom cultivation market is segmented on the basis of type, phase, form, raw material and applications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Button Mushroom
• Oyster Mushroom
• Shiitake Mushroom
• Others

 Phase

• Composting
• Spawning
• Casing
• Pinning
• Harvesting

Form

• Canned
• Frozen
• Fresh
• Dried
• Others

Raw Material

• Animal Based
• Bio-Based Industrial Trash
• Others

Applications

• Bedding
• Cushions
• Others

Mushroom Cultivation Market Regional Analysis/Insights

The mushroom cultivation market is analyzed and market size insights and trends are provided by country, type, phase, form, raw material and applications as referenced above.

The countries covered in the mushroom cultivation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Global (APAC) in the Global (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the mushroom cultivation market in terms of revenue and market share owing to the increasing per capita consumption of mushroom than other nations. Moreover, the growing consumption and increase in cultivation of mushroom will further enhance the growth of the market in this region.

Europe is anticipated to be the fastest growing region in mushroom cultivation market during the forecast period of 2023-2030  due to the increasing demand for extremely nutritional food in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Mushroom Cultivation Market Share Analysis

The mushroom cultivation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to mushroom cultivation market.

Some of the major players operating in the mushroom cultivation market are:

• Monaghan Group (Ireland)
• WALSH MUSHROOMS GROUP (Ireland)
• Mycelia (Belgium)
• Smithy Mushrooms Ltd. (U.K.)
• Rheinische Pilz Zentrale GmbH (Germany)
• Italspwan (Italy)
• Mushroom SAS (Italy)
• Hirano Mushroom LLC (Kosovo)
• Fujishukin Co. Ltd. (Japan)
• Costa (India), Bonduelle (France)
• Monterey Mushrooms (U.S.)
• Cargill, Incorporated (U.S.)
• MycoTerraFarm (Belgium)
• Lambert Spawn (U.S.)
• The Greenyard (Belgium)
• Heereco (Netherlands)
• Bluff City Fungi (U.S.)
• Smithy Mushrooms (U.K.)