Global Mushroom Cultivation Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Mushroom Cultivation Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Mushroom cultivation is a technical process and has different steps such as composting, spawning, casing, pinning, and lastly harvesting. Mushroom cultivation is a technology of growing mushrooms using plant, animal and industrial waste. Mushroom has many beneficial properties that help in maintaining good health like proteins, fibers, vitamins, and antioxidants. It helps in building the immune system and prevents cells from damage.

Market Overview:

The latest research study on the global Mushroom Cultivation market finds that the global Mushroom Cultivation market reached a value of USD 28497.76 million in 2022. It’s expected that the market will achieve USD 37410.81 million by 2028, exhibiting a CAGR of 4.64% during the forecast period.

Increase in high value-added products and extend the industrial chain

Fresh mushrooms are mainly eaten as vegetables. However, with the deepening and popularization of the understanding of the nutritional and health functions of mushrooms, various types of fortified foods and condiments with mushrooms as the main raw material are increasingly favored by the consumer market, and the sales volume is increasing year by year; and , With the process of urbanization and the continuous expansion of the middle class, the pace of life in modern society will accelerate, and the consumption of ready-to-eat food and snack food will continue to increase. The market for ready-to-eat food, seasoning and soup made from mushrooms will also gradually expand. Therefore, the processing and sales of various foods with mushrooms as raw materials will effectively extend the mushroom industry chain and promote the rapid and sustainable development of the mushroom industry. More and more mushroom cultivation companies are beginning to pay attention to high value-added products. They not only pay attention to the cultivation of mushrooms, but also start to pay attention to diversified mushroom processing products.

Raw material prices fluctuate

The main raw materials include corn cob, rice bran, bran, cottonseed husk, sugar beet residue, brewer's grains and other agricultural and sideline products, etc. The fluctuation of raw material prices has a great impact on the company's production and operation. If the price of raw materials continues to rise due to factors such as international trade, national policies, climate change, natural disasters, increase or decrease in rural arable land, and fluctuations in labor costs, it may increase the production cost of the company's mushroom products, which may adversely affect performance.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia Pacific (83.73% in 2022).

Company Overview:

Xuerong Biotechnology is one of the major players operating in the Mushroom Cultivation market, holding a share of 1.16% in 2022.

Xuerong Biotechnology, Yukiguni Maitake, Monterey Mushrooms, Monaghan Mushrooms and Junesun Fungi are the five key players in the global Mushroom Cultivation market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Mushroom Cultivation market in the past 5 years.

Segmentation Overview:

As for product types, the Shiitake Mushroom segment held the largest market share in 2022.

Button Mushroom

The button mushroom, better known as a white mushroom or sometimes Agaricus bisporus is the most widely cultivated, harvested, and distributed mushroom in the world. The mildly flavored, hardy fungus can be found fresh, dried, and canned in grocery stores all over the world. Button mushrooms can be grown in an environmentally controlled grow house.

Oyster Mushroom

Oyster mushrooms are generally a commercially grown mushroom. Oyster mushrooms are grown from mycelium (threadlike filaments that become interwoven) propagated on a base of steam-sterilized cereal grain (usually rye or millet). This cereal grain/mycelium mixture is called spawn and is used to seed mushroom substrate.

Shiitake Mushroom

The shiitake is an edible mushroom native to East Asia, which is now cultivated and consumed around the globe. Shiitake mushrooms are well suited to being grown in the city. They don't take up much space, can be grown indoors and make a delicious addition to many dishes When growing shiitake mushrooms under controlled conditions indoors, the mushrooms can be harvested in as little as three to four months.

Application Overview:

The market's largest segment by application is the segment Offline, with a market share of 94.2% in 202.

Key Companies in the global Mushroom Cultivation market covered in Chapter 3:

Monterey Mushrooms
CMP Mushrooms
Windmill Farms
Northway Mushrooms
Basciani Foods
OKECHAMP S.A.
Giorgi Mushroom Company (GMC)
Junesun Fungi
Pilzland
Meadow Mushrooms
Phillips Mushroom Farms
Boglar Champ
COSTA Group
South Mill Champs Mushrooms
Xuerong Biotechnology
Yukiguni Maitake
Grzybowy Raj
Rheinische Pilz-Zentrale GmbH
GL Group Spółdzielnia
Walsh Mushrooms Group
Farmer’s Fresh
Highline Mushrooms
Monaghan Mushrooms

In Chapter 4 and Chapter 14.2, on the basis of types, the Mushroom Cultivation market from 2018 to 2029 is primarily split into:

Button Mushroom
Oyster Mushroom
Shiitake Mushroom
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mushroom Cultivation market from 2018 to 2029 covers:

Online
Offline

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)