Report Overview

Global Mushroom Cultivation Market – Market Forecast & Trends

The Global Mushroom Cultivation Market was prized at USD 16.9 billion in 2019, and it is predicted to reach USD 19.04 billion by 2026, at a CAGR of 4.3 %, over the forecast period.

The global mushroom cultivation market is predictable to witness substantial development due to factors such as the numerous health welfares of mushrooms, growing per capita mushroom intake, cost-effective production, growing request for vegan and natural food in the diet, and growing health mindful population across the sphere contributing the request for mushroom cultivation.

Rising commercial mushroom intake in restaurants, hotels, supermarkets, cafeterias are predictable to play an essential role in influencing the market shortly. Shifting consumer likings towards vegan food and growing meat substitute demand is anticipated to help the mushroom market over the estimated time. Shiitake and Button mushrooms are rich protein sources, making them needed meat substitutes amid consumers. Flowing consumer likings towards processed food consumption is another crucial factor probable to help the market over the next seven years. Mushrooms have a significantly short shelf life, which is predicted to affect the market in the near future negatively. Mushroom cultivation is heavily labored exhaustive and requires high operational costs. This vital factor can hamper market growth over the forecast period.

Global Mushroom Cultivation Market – Overview

Mushrooms are measured well for fitness, as they comprise negligible sodium and gluten content. Low fat and lipid content are assumed to result in higher mushroom reception amid consumers. Mushroom covers various nutrients such as potassium, selenium and vitamin, button, and oyster. Demand for mushrooms has risen significantly over the past years in the processing industry. Processed mushroom comes in the profitable market as canned, dried, and frozen. Other than these categories, the processed mushroom also includes pickled mushroom, mushroom sauces, powder mushroom. Animal and bio-based industrial trash can be used as a valid choice for mushroom cultivation. Mushrooms have a diverse life cycle likened to green plants. Land usage is very fewer in mushroom farming, and they can be full-grown in lawns, woodlands, and polytunnels. Such minimal land usage is probable to positively affect the market by hopeful mushroom growers to utilize small areas of cultivable land efficiently. Mushroom production can be used for medicinal aims due to its vitamin D and vitamin B content as well as magnesium, calcium, phosphorus, potassium, and other such minerals content. Mushrooms are often called parasitical due to their dependence on other plants for food. Governments in emerging regions have taken several initiatives that are probable to assist this small-scale industry and, in turn, benefit the deprived population involved in the production process of the industry.

Growth Drivers

Shifting consumer preferences towards vegan food and increasing meat substitute and processed food demand

Button and Shiitake mushrooms are rich protein sources making them wanted meat substitutes among customers. Flowing consumer likings towards managed food intake is an additional key factor probable to help the market over the next seven years. Mushrooms have a significantly short shelf life, which is expected to affect the market in the near future adversely. Mushroom farming is heavily labor rigorous and needs extra operational costs. This vital factor has the capability to hamper market development over the forecast period.

Contributions made by governments and international agencies

Contributions made by governments and international agencies to progress mushroom excellence by inspiring mushroom cultivators to develop newer R&D technologies is one of the vital factors that help in improving the global mushroom cultivation market. Biotechnology laboratories play an essential role in the mushroom refinement process as they enhance the cultivation environment for healthier mushroom yield. Such technological progressions and favorable government initiatives promise ample growth opportunities for industry participants.

Global Mushroom Cultivation Market: Segmentation

Global Mushroom Cultivation Market is segmented because of Type into Button mushroom, Oyster mushroom, Shiitake mushroom, other types. By type, the button mushroom segment is predictable to control the global mushroom cultivation market during the forecast period. The button mushroom section accounted for the largest market share in 2019. The button mushroom is a widely spent mushroom type across the world and can potentially offer many health benefits. The mushroom type is commercially full-grown in almost all the main mushroom producing countries such as China, Japan, the US, the UK, Germany, and Poland. Increased R&D on the white mushroom to find the potential to prevent cancer, along with its availability at affordable prices as linked to special mushroom varieties, is projected to intensify the demand for button mushroom during the prediction period.

By Application, The Global Mushroom Cultivation Market is divided into dried and processed. Demand for mushrooms has risen significantly over the past years in the processing industry. Processed mushroom comes in the profitable market as frozen, canned, dried. Other than these types, the processed mushroom also comprises powder mushroom, pickled mushroom, and mushroom sauces.

Global Mushroom Cultivation Market: Regional insights

Geographically, the Global Mushroom Cultivation Market is divided into North America, Europe, Asia-Pacific, and LAMEA regions.

Europe conquered the global mushroom market in the recent past, followed by the Asia Pacific. Emerging economies such as China and India are predicted to witness fast mushroom request development over the prediction period owing to rising population and growing health mindfulness.

The per capita consumption in China, the primary producer of mushrooms in the world, is higher than any other country. The ingesting of mushroom in Asian countries such as Japan, India, and others are increasing at a vital rate accredited by growing production.  Increasing vegan population and the flowing trend toward nutrition-rich food have led to the market growth of mushrooms in Asian countries.

Competitive Landscape

Monaghan Mushrooms (Ireland), Walsh Mushrooms Group (Ireland), Mycelia (Belgium), South Mill Mushrooms Sales (US), Smithy Mushrooms Ltd. (UK), Rheinische Pilz Zentrale GmbH (Germany), Italspwan (Italy), Mushroom SAS (Italy), Hirano Mushroom LLC (Kosovo), Fujishukin Co. Ltd. (Japan) and other prominent players.

Recent Development

Ø  In August 2019, Walsh Mushrooms Group extended to source 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).

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

Ø  By Product Type

ü  Button mushroom

ü  Oyster mushroom

ü  Shiitake mushroom

ü  Other types

o    Maitake

o    Nameko

o    Enoki

o    Mane

o    Straw

o    shimji

Ø  By Application

ü  Dried

ü  Processed

Ø  By Region

ü  North America

ü  Europe

ü  Asia Pacific

ü  South America

ü  Middle East & Africa

The objective of the Study:

Ø  To analyze and forecast the Global Mushroom Cultivation market size of the market in terms of value.

Ø  To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

Ø  The Global Mushroom Cultivation Market segmented into five regions, namely, North America, Europe, Asia Pacific, Middle East, South America, and their leading countries.

Ø  To outline, categorized, and forecast the Global Mushroom Cultivation Market based on the Type, Application, and Regional.

Ø  To examine competitive developments like by Type, By Application, Region within the Global Mushroom Cultivation Market.

Ø  To highlight the impact analysis of the factors affecting the market dynamics such as growth drivers.

Ø  To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Business Questions Answer by the Report

Ø  How will the market drivers, restraints, and opportunities affect the market dynamics?

Ø  What will be the market size in terms of value and volume and market statistics with a detailed classification?

Ø  Which segment dominates the market or region, and one will be the fastest - growing, and why?

Ø  A comprehensive survey of the competitive landscape and the market participant players

Ø  Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

Ø  With five additional company detail analysis

Ø  Additional country analysis

Ø  Detailed segment analysis