Report Description

 

Forecast Period

2024-2028

Market Size (2022)

USD 17.60 Billion

CAGR (2023-2028)

5.21%

Fastest Growing Segment

Shiitake Mushroom

Largest Market

Asia Pacific

 

Market Overview

Global Mushroom Cultivation Market has valued at USD 17.60 Billion in 2022 and is anticipated to project impressive growth in the forecast period with a CAGR of 5.21% through 2028. Mushroom cultivation is the process of cultivating edible fungi, commonly known as mushrooms, for human consumption. The process commences with the selection of a suitable mushroom variety, followed by the preparation of a growth medium, typically a composted substrate abundant in organic matter. The prepared substrate is then inoculated with mushroom spawn, harboring the mycelium, which constitutes the vegetative part of the fungus. The inoculated substrate is subjected to controlled environmental conditions, facilitating the proliferation of the mycelium and eventual formation of mushroom fruiting bodies. Mushroom cultivation is gaining worldwide recognition due to its economic advantages, sustainability, and the increasing demand for mushrooms owing to their nutritional and medicinal properties.

Key Market Drivers

Increased Adoption of Vegan & Vegetarian Diets

The global shift towards vegan and vegetarian diets is expected to significantly bolster the demand for mushroom cultivation. Mushrooms, with their rich, umami flavor and meaty texture, have long been a staple in vegetarian cuisine, serving as a versatile and nutritious meat substitute. Furthermore, they offer a high protein content, essential vitamins, and minerals, aligning perfectly with the nutritional requirements of vegan and vegetarian diets. As more people adopt plant-based lifestyles, the demand for mushrooms is anticipated to surge globally. Plus, the environmental benefits of mushroom farming, including lower water and land usage compared to traditional livestock farming, resonate with the environmentally conscious consumer's values. The trend of farm-to-table and organic food is also contributing to the rising interest in mushroom cultivation. Increasing awareness about the health benefits of mushrooms, including their potential role in boosting immunity, enhancing brain health, and supporting weight management, further propels market growth. With trends like veganism and sustainability shaping consumer preferences, mushroom cultivation is poised for substantial growth in the global agricultural landscape.

Advancements in Mushroom Farming Techniques

Advancements in mushroom farming techniques are anticipated to catalyze a global increase in mushroom cultivation. Innovative cultivation techniques, such as controlled environment agriculture (CEA) and hydroponics, are allowing farmers to optimize production, minimize waste, and maintain consistent mushroom yield throughout the year, irrespective of climatic conditions. They offer the ability to control multiple environmental parameters, including light, temperature, and humidity, enabling the cultivation of a wide variety of mushroom species that would otherwise require specific geographic and climatic conditions. Furthermore, these techniques reduce the dependence on pesticides and other chemical inputs, aligning with the global trend towards sustainable and organic agriculture. Advanced technologies, such as artificial intelligence (AI) and machine learning, are further revolutionizing mushroom farming by providing predictive analytics and data-driven insights to increase efficiency and maximize yield. The adoption of these advanced farming techniques is not only increasing the profitability of mushroom cultivation but also making it a viable and appealing venture for a new generation of farmers. As a result, the global demand for mushroom cultivation is expected to see a significant surge in the coming years, driven by these advancements in farming techniques.

Rising Application of Mushrooms in The Pharmaceutical Industry

The escalating utilization of mushrooms in the pharmaceutical industry is anticipated to significantly drive the global mushroom cultivation market. Renowned for their therapeutic properties, mushrooms are increasingly being incorporated into medicinal formulations to treat and prevent a multitude of health conditions. Rich in antioxidants, vitamins, and minerals, mushrooms are being harnessed in the production of pharmaceuticals aimed at enhancing immunity, combating stress, and supporting overall health. Furthermore, certain varieties of mushrooms, like Reishi and Cordyceps, contain bioactive compounds that have been linked to cancer prevention, asserting their prominence in oncology. As research continues to uncover the potent medicinal value of mushrooms, their demand in the pharmaceutical realm is expected to surge. This, in turn, is projected to stimulate mushroom cultivation globally, as suppliers strive to meet the burgeoning demand. Furthermore, advancements in cultivation technology and techniques, coupled with supportive government initiatives promoting mushroom farming, are predicted to further augment this growth. Hence, the rising application of mushrooms in the pharmaceutical industry stands as a pivotal factor propelling the mushroom cultivation market worldwide.

Growing Global Population & Corresponding Increase in Food Demand

The escalating global population, set to reach 9.7 billion by 2050 according to the United Nations, is leading to a corresponding surge in food demand. This increase necessitates boosting the production of high-nutrient foods, such as mushrooms, to maintain food security. Mushroom cultivation, being sustainable and requiring minimal land, is an attractive solution. Mushrooms, a rich source of protein, vitamins, and minerals, can contribute significantly to a balanced diet. Additionally, technological advancements in mushroom cultivation have allowed for year-round production and higher yields. The ability to cultivate mushrooms on various substrates, including organic waste, further enhances their sustainability profile. Growing awareness of these benefits is predicted to fuel the global demand for mushroom cultivation. Furthermore, the increasing preference for plant-based protein sources in response to health and environmental concerns is expected to drive market growth. Adopting mushroom cultivation on a larger scale can substantially meet the rising food demand, thereby playing a crucial role in ensuring global food security in the face of the burgeoning population.


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Key Market Challenges

High Initial Investment

The high initial investment required for mushroom cultivation is a significant barrier that can potentially decrease the global demand for this practice. Setting up a mushroom farm involves numerous costs, including land acquisition, construction of growing rooms, purchasing of specialized equipment, and the implementation of climate control systems. Additionally, the production of mushroom substrate — the material on which mushrooms grow — can be an expensive process, particularly for those growers who opt to sterilize their own substrate. Training and skill development for mushroom cultivation is another area that requires substantial investment. Moreover, the return on this investment is not immediate due to the time-consuming nature of mushroom farming. The incubation period before the first harvest can be several weeks, during which maintenance costs continue to accrue. Furthermore, the market price of mushrooms can fluctuate, adding to the financial risk associated with this agricultural sector. As a result of these factors, potential growers, particularly in developing countries, may be deterred by the high upfront costs and opt for other, less capital-intensive agricultural practices. This could result in a decrease in global mushroom cultivation, despite the market potential for this high-demand product.

Supply Chain Issues

Supply chain disruptions are posing significant challenges to industries across the globe, and the mushroom cultivation sector is not exempt. Key elements in the cultivation chain, such as the delivery of compost and casing soil, as well as the sourcing of quality mushroom spawn, are being impacted. Transport restrictions, labor shortages, and trade barriers are contributing to delays and increased costs, affecting the overall efficiency and profitability of mushroom cultivation. Additionally, the mushroom industry, known for its just-in-time supply model, is quite sensitive to these disruptions, leading to spoilages and wastage as mushrooms are perishable commodities. This, in turn, discourages producers from expanding their operations or even maintaining their current scale. Furthermore, consumers' purchasing habits have been influenced by the pandemic's economic impacts, leading to reduced demand for cultivated mushrooms. Uncertainties surrounding the supply chain are also causing hesitation among potential investors in the mushroom cultivation industry. In this context, it is expected that global demand for mushroom cultivation will decrease until the supply chain issues are resolved.

Key Market Trends

Surge in Demand for Disease-Resistant Mushroom Varieties

The global surge in demand for disease-resistant mushroom varieties is anticipated to significantly boost mushroom cultivation. Mushrooms are known for their nutritional value, providing essential minerals and vitamins while being low in calories. However, they're susceptible to numerous diseases that can drastically affect their yields. The introduction and cultivation of disease-resistant mushroom varieties provide a solution, enhancing their resilience and ensuring consistent high-quality yields. This innovation has sparked a renewed interest in mushroom cultivation, attracting both large-scale commercial growers and small-scale home gardeners. In addition to bolstering food security, these disease-resistant varieties also present an attractive investment opportunity. The rise in health-conscious consumers, coupled with the growing popularity of vegan and vegetarian diets, is driving the demand for mushrooms, and disease-resistant varieties offer a sustainable and reliable supply. Moreover, the adoption of advanced farming techniques and technologies, such as controlled environment agriculture (CEA) and vertical farming, is further propelling the growth of mushroom cultivation. This approach enables growers to optimize growth conditions, further enhancing the productivity of disease-resistant varieties. Furthermore, the implementation of supportive government policies to educate farmers and promote the adoption of these innovative agricultural practices is expected to provide an additional boost to mushroom cultivation globally.

Rising Consumer Awareness About the Health Benefits Of Mushrooms

Rising consumer awareness about the health benefits of mushrooms is accelerating global demand for mushroom cultivation. Mushrooms, renowned for their nutritional content, are rich in vitamins, minerals, and antioxidants, supporting immune health and reducing the risk of cardiovascular diseases. They are also low in calories, making them an ideal choice for those pursuing weight management. The popularity of plant-based diets amplifies mushrooms' position as a high-quality meat substitute, attracting not just vegans and vegetarians, but also omnivores looking for healthier options. This increased consumer awareness is supplemented by the mushroom's versatile culinary applications, from gourmet meals to everyday dishes. Simultaneously, advancements in cultivation techniques are making mushroom farming more accessible and productive, catering to this surging demand. Governments worldwide are also encouraging mushroom farming due to its low environmental footprint and potential for rural livelihoods. Moreover, sustainable and organic farming trends are aligning with consumer preferences for clean, green food, further propelling the global mushroom cultivation market. Consequently, the mushroom cultivation sector is poised for robust growth, driven by heightened consumer awareness and favorable market conditions.

Segmental Insights

Type Insights

Based on the Type, the Button Mushroom, scientifically known as Agaricus bisporus, is currently dominating the global mushroom cultivation market. This can be attributed to its exceptional nutritional profile, versatility in various cuisines, and wide acceptance across the globe. With its rich content of essential vitamins, minerals, and antioxidants, the Button Mushroom has gained significant popularity in the health and wellness industry, catering to the ever-growing demand for nutritious and functional food options.

Moreover, what sets the Button Mushroom apart is not only its nutritional value but also its ease of cultivation and relatively higher yield compared to other mushroom types. The cultivation process of the Button Mushroom is relatively straightforward, making it an attractive choice for both commercial and home growers. The ability to produce a considerable quantity of mushrooms in a relatively short period has further solidified its leading position in the market. With its remarkable attributes and benefits, the Button Mushroom continues to be the preferred choice for consumers, chefs, and mushroom enthusiasts alike, making it a true powerhouse in the global mushroom industry.

Technique Insights

Based on the Technique, the Global Mushroom Cultivation Market has witnessed a significant shift in dominance between the Bedding and Cushion techniques, with the former currently holding a commanding position. The Bedding technique, which involves the utilization of composted substrates, creates an optimum nutrient-rich environment that fosters the growth of a diverse range of mushroom species. This method has garnered popularity among mushroom cultivators worldwide due to its exceptional cost-effectiveness and remarkable yield. The Bedding technique, with its well-balanced mixture of composted substrates, provides an ideal ecosystem for mushroom cultivation. The carefully selected combination of organic materials creates a nourishing environment that supports the healthy growth and development of various mushroom species. This technique not only ensures high productivity but also allows cultivators to achieve remarkable profitability in the industry.

Moreover, the Bedding technique offers a sustainable approach to mushroom cultivation. By utilizing composted substrates, cultivators can effectively recycle organic waste and reduce their environmental footprint. This aspect has further contributed to the growing adoption of the Bedding technique among environmentally conscious cultivators. The Bedding technique has emerged as the preferred choice for numerous mushroom cultivators worldwide. Its cost-effectiveness, remarkable yield, and ability to provide an ideal ecosystem for mushroom cultivation make it a valuable tool for maximizing productivity and profitability in the industry. Additionally, its sustainable approach aligns with the growing demand for environmentally friendly practices in agriculture.


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Regional Insights

The Asia Pacific region is projected to dominate the Global Mushroom Cultivation Market, primarily driven by factors such as the substantial consumption of mushrooms in countries like China, Japan, and South Korea, as well as the presence of large-scale mushroom growers in these nations. Furthermore, government initiatives aimed at promoting mushroom cultivation for its nutritional and medicinal benefits are further propelling market growth in this region. The Asia Pacific region demonstrates a higher prevalence of traditional medicine systems, including Ayurveda and Traditional Chinese Medicines, which utilize various mushroom species for treating diverse diseases. The region's demand for mushrooms is expected to be fueled by their low-calorie, high-nutritional value, and immunity-boosting properties.

Europe stands as a key consumer of mushrooms and relies heavily on imports. The region's developed market with higher per capita income provides an additional opportunity for exotic mushrooms, such as gourmet products. North America holds a significant market share, driven by the higher market penetration in developed economies like the U.S. and Canada. Consumers in these regions are willing to pay premium prices for products that are specifically produced using natural and organic ingredients. Furthermore, the growing preference for a vegan diet is expected to drive the demand for meat replacers like mushrooms in the food and dietary supplements industries throughout the forecast period.

Recent Developments

  • January 2021: South Mill Champs Expands Mushroom Processing Capabilities with Acquisition of The Mushroom Company.
  • In August 2019, Highline Mushrooms announced a USD 20 million investment to establish a second cross-field mushroom.
  • In March 2018, Highline Mushrooms, a prominent Canadian mushroom company, acquired Prairie Mushrooms, a leading coast-to-coast mushroom grower-shipper in Canada.

Key Market Players

  • Smithy Mushrooms Ltd.
  • Rheinische Pilz Zentrale GmbH
  • Monaghan Mushrooms Ltd
  • Walsh Mushrooms Group
  • South Mill Mushrooms Sales Inc.
  • Hirano Mushroom LLC
  • Gourmet Mushrooms, Inc.
  • Fresh Mushroom Europe NV
  • L F Lambert Spawn Co
  • Polar Shiitake Oy

 By Type

By Phase

By Form

 

By Technique

By Region

  • Button Mushroom
  • Oyster Mushroom
  • Shiitake Mushroom
  • Others
  • Composting
  • Spawning
  • Casing
  • Pinning
  • Harvesting
  • Canned
  • Frozen
  • Fresh
  • Dried
  • Others
  • Bedding
  • Cushion
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Report Scope:

In this report, the Global Mushroom Cultivation Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Mushroom Cultivation Market, By Type:

o   Button Mushroom

o   Oyster Mushroom

o   Shiitake Mushroom

o   Others

  • Mushroom Cultivation Market, By Phase:

o   Composting

o   Spawning

o   Casing

o   Pinning

o   Harvesting

  • Mushroom Cultivation Market, By Form:

o   Canned

o   Frozen

o   Fresh

o   Dried

o   Others

  • Mushroom Cultivation Market, By Technique:

o   Bedding

o   Cushion

  • Mushroom Cultivation Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Mushroom Cultivation Market.

Available Customizations:

Global Mushroom Cultivation market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Mushroom Cultivation Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Mushroom Cultivation Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Button Mushroom, Oyster Mushroom, Shiitake Mushroom, and Others)

5.2.2.    By Phase (Composting, Spawning, Casing, Pinning, Harvesting)

5.2.3.    By Form (Canned, Frozen, Fresh, Dried, Others)

5.2.4.    By Technique (Bedding and Cushion)

5.2.5.    By Region

5.2.6.    By Company (2022)

5.3.  Market Map

6.    North America Mushroom Cultivation Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Phase

6.2.3.    By Form

6.2.4.    By Technique

6.2.5.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Mushroom Cultivation Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Phase

6.3.1.2.3.           By Form

6.3.1.2.4.           By Technique

6.3.2.    Canada Mushroom Cultivation Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Phase

6.3.2.2.3.           By Form

6.3.2.2.4.           By Technique

6.3.3.    Mexico Mushroom Cultivation Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Phase

6.3.3.2.3.           By Form

6.3.3.2.4.           By Technique

7.    Europe Mushroom Cultivation Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Phase

7.2.3.    By Form

7.2.4.    By Technique

7.2.5.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Mushroom Cultivation Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Phase

7.3.1.2.3.           By Form

7.3.1.2.4.           By Technique

7.3.2.    United Kingdom Mushroom Cultivation Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Phase

7.3.2.2.3.           By Form

7.3.2.2.4.           By Technique

7.3.3.    Italy Mushroom Cultivation Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.           By Type

7.3.3.2.2.           By Phase

7.3.3.2.3.           By Form

7.3.3.2.4.           By Technique

7.3.4.    France Mushroom Cultivation Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Phase

7.3.4.2.3.           By Form

7.3.4.2.4.           By Technique

7.3.5.    Spain Mushroom Cultivation Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Phase

7.3.5.2.3.           By Form

7.3.5.2.4.           By Technique

8.    Asia-Pacific Mushroom Cultivation Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Phase

8.2.3.    By Form

8.2.4.    By Technique

8.2.5.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Mushroom Cultivation Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Phase

8.3.1.2.3.           By Form

8.3.1.2.4.           By Technique

8.3.2.    India Mushroom Cultivation Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Phase

8.3.2.2.3.           By Form

8.3.2.2.4.           By Technique

8.3.3.    Japan Mushroom Cultivation Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Phase

8.3.3.2.3.           By Form

8.3.3.2.4.           By Technique

8.3.4.    South Korea Mushroom Cultivation Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Phase

8.3.4.2.3.           By Form

8.3.4.2.4.           By Technique

8.3.5.    Australia Mushroom Cultivation Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Phase

8.3.5.2.3.           By Form

8.3.5.2.4.           By Technique

9.    South America Mushroom Cultivation Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Phase

9.2.3.    By Form

9.2.4.    By Technique

9.2.5.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Mushroom Cultivation Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Phase

9.3.1.2.3.           By Form

9.3.1.2.4.           By Technique

9.3.2.    Argentina Mushroom Cultivation Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Phase

9.3.2.2.3.           By Form

9.3.2.2.4.           By Technique

9.3.3.    Colombia Mushroom Cultivation Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Phase

9.3.3.2.3.           By Form

9.3.3.2.4.           By Technique

10. Middle East and Africa Mushroom Cultivation Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Phase

10.2.3. By Form

10.2.4. By Technique

10.2.5. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Mushroom Cultivation Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Phase

10.3.1.2.3.         By Form

10.3.1.2.4.         By Technique

10.3.2. Saudi Arabia Mushroom Cultivation Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Phase

10.3.2.2.3.         By Form

10.3.2.2.4.         By Technique

10.3.3. UAE Mushroom Cultivation Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Phase

10.3.3.2.3.         By Form

10.3.3.2.4.         By Technique

10.4.             Drivers

10.5.             Challenges

11. Market Trends & Developments

11.1.             Recent Development

11.2.             Mergers & Acquisitions

11.3.             Product Launches

12. Global Mushroom Cultivation Market: SWOT Analysis

13. Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products

14. Competitive Landscape

14.1.             Smithy Mushrooms Ltd.

14.1.1. Business Overview

14.1.2. Service Offerings

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. SWOT Analysis

14.2.             Rheinische Pilz Zentrale GmbH

14.3.             Monaghan Mushrooms Ltd

14.4.             Walsh Mushrooms Group

14.5.             South Mill Mushrooms Sales Inc.

14.6.             Hirano Mushroom LLC

14.7.             Gourmet Mushrooms, Inc.

14.8.             Fresh Mushroom Europe NV

14.9.             L F Lambert Spawn Co

14.10.          Polar Shiitake Oy

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Mushroom Cultivation Market was estimated to be USD 17.60 Billion in 2022.

down-arrow

The Bedding technique, utilizing composted substrates, is popular among mushroom cultivators worldwide. It creates a nutrient-rich environment for diverse mushroom species, offering exceptional cost-effectiveness and remarkable yield. This method maximizes productivity and profitability in the industry.

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The Asia Pacific region is set to dominate the Global Mushroom Cultivation Market due to high mushroom consumption in countries like China, Japan, and South Korea. The presence of large-scale mushroom growers and government initiatives promoting mushroom cultivation further contribute to market growth. With traditional medicine systems utilizing mushrooms for disease treatment and their nutritional benefits, the region anticipates increased demand for mushrooms.

down-arrow

Advancements in mushroom farming techniques and rising application of mushrooms in the pharmaceutical industry are the major drivers for the Global Mushroom Cultivation Market.

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Sakshi Bajaal

Business Consultant
Press Release

Mushroom Cultivation Market to Grow with a CAGR of 5.21% through 2028

Jan, 2024

Surge in demand for disease-resistant mushroom varieties and rising consumer awareness about the health benefits of mushrooms is expected to drive the Global Mushroom Cultivation Market growth in the