Mushroom Cultivation Market Forecasts to 2030 – Global Analysis By Type (Button Mushroom, Oyster Mushroom, Cremini Mushrooms, Shiitake Mushroom, Portobello Mushroom and Other Types), Phase (Composting, Spawning, Casing, Cropping, Pinning, Harvesting and O

Mushroom Cultivation Market Forecasts to 2030 – Global Analysis By Type (Button Mushroom, Oyster Mushroom, Cremini Mushrooms, Shiitake Mushroom, Portobello Mushroom and Other Types), Phase (Composting, Spawning, Casing, Cropping, Pinning, Harvesting and Other Phases), Form (Canned, Frozen, Fresh, Dried and Other Forms), Raw Material (Animal Based, Bio-Based Industrial Trash and Other Raw Materials), Distribution Channel, Application and By Geography

According to Stratistics MRC, the Global Mushroom Cultivation Market is accounted for $19.77 billion in 2023 and is expected to reach $29.53 billion by 2030 growing at a CAGR of 5.9% during the forecast period. One of the most advantageous agricultural ventures that can be launched with little capital and available space is mushroom cultivation. Many people are becoming more and more interested in mushroom farming as a secondary source. Mushroom farming is currently the most lucrative and successful industry. Because it quickly converts farmers' arduous labor into profit, it is steadily gaining popularity.

According to the China Business Research Institute, the country was the largest edible mushroom producer at a global level and reached an estimated annual yield of 38.42 million tonnes in 2017. This accounted for about 75% of the total global output.

Market Dynamics

Driver

Rising consumer awareness of health

The global Mushroom Cultivation market expected to drive growth during the forecast period. Consumer demand for foods that are high in nutrients and low in fat and cholesterol is anticipated to fuel global growth. Because it contains fibers and digestive enzymes that support gut and immune health, its use in dietary supplements has increased. Moreover, the explosive growth of the food service industry is driving up demand for restaurants, hotels, and cafeterias. And also, by incorporating fungus powders into smoothies, sauces, and soups, mushroom cultivation can offer nutritional and health benefits.

Restraint

Seasonal changes

The global Mushroom Cultivation market expected to hinder growth during the forecast period. Since mushrooms are extremely sensitive to changes in temperature, humidity, and light certain seasons are usually when they grow the best. For instance, while some types of mushrooms prefer warm temperatures and high humidity, others prefer cooler temperatures and low humidity. Accordingly, it can be challenging for farmers to maintain a steady supply of mushrooms throughout the year because seasonal variations can have a significant impact on the availability and cost of mushrooms on the market. Furthermore, regional or national restrictions on the availability of some mushroom species may cause seasonal variations in supply and demand.

Opportunity

Increase in the adoption of the newest technologies

During the anticipated period, the market for mushroom cultivation is anticipated to fuel growth. As the major market players increase their efforts to adopt cutting-edge technologies like computerized and automated technologies, the commercial production of mushrooms will rise. This is expected to create a wide range of opportunities for market players in the expansion of the global mushroom cultivation market during the forecast period. However, the development and advancement of contemporary technologies, such as composting, growing mushrooms on non-composted substrate, computerized monitoring, automated mushroom harvesting, and new techniques for preparing spawn and sterilizing substrate, will boost the productivity of mushroom culture in the years to come.

Threat

Competition from competing food items

Growth is anticipated to be hampered by the global mushroom cultivation market. Numerous other foods, such as meat, poultry, fish, and other vegetables, compete with mushrooms on the market. The demand for mushrooms as a meat substitute may decline as a result of the growing popularity of meat substitutes, particularly plant-based burgers and sausages. Additionally, since some varieties of mushrooms are more popular than others, consumer preferences for particular varieties may also have an impact on competition.

Covid-19 Impact

The mushroom cultivation industry has been greatly impacted by the COVID-19 pandemic. Supply shortages and price increases are the result of disruptions in global supply chains that have affected the availability of inputs. Furthermore, reducing sales and harming farmers' profitability is the industry's decreased demand, which comes from the foodservice sector, where a large portion of mushrooms are consumed. An increase in demand for locally sourced and sustainably grown mushrooms has resulted from the pandemic's emphasis on the value of food safety and hygiene. Despite these obstacles, the mushroom cultivation industry has proven resilient and has adjusted to the shifting market conditions by diversifying its sales channels, investigating new markets, and putting new technologies to use to boost productivity and efficiency.

The Button mushrooms segment is expected to be the largest during the forecast period

The mushroom variety most frequently grown and consumed worldwide in the mushroom cultivation market is the button mushroom, which is expected to hold the largest share during the forecast period. These mushrooms are adaptable in terms of their culinary uses, have a mild flavor, and are relatively simple to grow. They are frequently used in many different dishes, such as salads, soups, stir-fries, and pizzas, among others. Moreover, button mushrooms are widely accessible in grocery stores and supermarkets all over the world due to their popularity and high demand.

The canned segment is expected to have the highest CAGR during the forecast period

During the anticipated period, the mushroom cultivation market's highest CAGR is anticipated to be in the canned segment. This is a result of their convenience and longer shelf life, which make them a well-liked option among customers and foodservice providers. In the food industry, processed and canned mushrooms are frequently used as an ingredient in a variety of dishes, such as soups, sauces, and gravies. Moreover, the growth of online grocery stores and e-commerce platforms has made it simpler for consumers to buy processed and canned mushrooms, which has increased demand for them and their market growth.

Region with largest share

In terms of both production and consumption, the European region is anticipated to hold the largest market share for mushroom cultivation during the anticipated period. Major mushroom producers and exporters include the Netherlands, Poland, and France, while major mushroom consumers include Germany, the UK, and Italy. The robust culinary traditions and rising public awareness of the health benefits of mushrooms are the main factors driving Europe's high demand for mushrooms. However, due to the region's rich culinary traditions, increasing knowledge of the nutritional benefits of mushrooms, and the presence of significant mushroom producers and consumers, Europe currently holds a dominant position in the world of mushroom cultivation.

Region with highest CAGR

The mushroom cultivation market is predicted to grow at the highest CAGR in Asia-Pacific due to rising demand in nations like China, India, and Japan. The development of new technologies for mushroom cultivation, favorable government initiatives and subsidies for mushroom farming, rising consumer awareness of the health benefits of mushrooms, and other factors are also anticipated to contribute to the market's expansion in this region. Moreover, it is also anticipated that the rising acceptance of vegetarian and vegan diets in nations like India will aid in the expansion of the regional mushroom cultivation market.

Key players in the market

Some of the key players in Mushroom Cultivation market include Bluff City Fungi, Cargill, Incorporated, Commercial Mushroom Producers Ltd., F.H.U Julita Kucewicz, Fresh Mushroom Europe, Gourmet Mushrooms, Inc., Hirano Mushroom LLC, Italian Mushroom SAS, Lambert Spawn, Monaghan Group, Monterey Mushrooms, Mushroom SAS, Mycoterra Farm, Phillips Mushroom Farms, Polar Shiitake Oy, Rheinische Pilz Zentrale GmbH, Smithy Mushrooms Ltd., Societa Agricola Porretta, South Mill Mushrooms Sales and Walsh Mushroom Group.

Key Developments

In August 2019, Walsh Mushrooms Group expanded to supply its mushrooms to ALDI, which is a supermarket company. A new five-year deal began in 2019 to supply mushrooms for ALDI by the growers of Evesham (England-based center).

In January 2019, South Mill Mushrooms and Champ's Mushrooms combined forces to create the leading mushroom producer and supplier in North America. This agreement helped South Mill Mushrooms meet rising demand in all mushroom marketplace segments throughout the United States and Canada.

In October 2018, Walsh Mushrooms Group launched a vitamin D enriched mushroom following a USD 279,492 investment in a two-year project, which was granted Novel Food Status.

Types Covered
• Button Mushroom
• Oyster Mushroom
• Cremini Mushrooms
• Shiitake Mushroom
• Portobello Mushroom
• Other Types

Phases Covered
• Composting
• Spawning
• Casing
• Cropping
• Pinning
• Harvesting
• Other Phases

Forms Covered
• Canned
• Frozen
• Fresh
• Dried
• Other Forms

Raw Materials Covered
• Animal Based
• Bio-Based Industrial Trash
• Other Raw Materials

Distribution Channels Covered
• Offline
• Online
• Other Distribution Channels

Applications Covered
• Bedding
• Cushions
• Other Applications

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances