Mushroom Cultivation Market Outlook: 5 Critical Approaches to Gain Competitive Edge (2023–2033)
Mushroom Cultivation Market Outlook: 5 Critical Approaches to Gain Competitive Edge (2023–2033)
According to a research report published by Spherical Insights & Consulting, The Global Mushroom Cultivation Market Size Expected to Grow from USD 18.3 Billion in 2023 to USD 30.2 Billion by 2033, at a CAGR of 5.14% during the forecast period 2023-2033.
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Mushroom farming is the process of growing mushrooms utilizing waste products such as horse dung, chicken manure, pig manure, wheat straw, rice straw, corn cobs, wood bark, sawdust, and cottonseed hulls to provide a good and nutritious diet. The demand for mushrooms is rising dramatically every year, according to the global mushroom industry. Mushrooms are a nutritious, healthful food that may be used in many ways. Furthermore, the rise of the mushroom sector is anticipated to be driven by increased mushroom consumption in cafeterias, restaurants, and supermarkets. Additionally, it is expected that the mushroom sector will be driven by changes in consumer perceptions of vegetarian and vegan diets as well as the rising demand for meat alternatives. However, while mushrooms can be cultivated year-round under controlled conditions, seasonal variations often impact outdoor output.
Browse key industry insights spread across 230 pages with 150 Market data tables and figures & charts from the report on the Global Mushroom Cultivation Market Size, Share, and COVID-19 Impact Analysis, By Type (Button Mushroom, Oyster Mushroom, Shiitake Mushroom, and Others), By Form (Canned, Frozen, Fresh, Dried, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
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The button mushroom segment is estimated to dominate the global mushroom cultivation market during the forecast period.
Based on the type, the global mushroom cultivation market is segmented into button mushrooms, oyster mushrooms, shiitake mushrooms, and others. Among these, the button mushroom segment is estimated to dominate the global mushroom cultivation market during the forecast period. Mushrooms are well-known for their mild flavor, firm texture, and adaptability to a wide range of culinary uses, such as pizza toppings, salad dressings, soups, and stir-fries. Furthermore, large-scale commercial mushroom farms frequently use controlled environment agriculture (CEA) methods to grow button mushrooms.
The canned segment is estimated to dominate the global mushroom cultivation market during the forecast period.
Based on the form, the global mushroom cultivation market is segmented into canned, frozen, fresh, dried, and others. Among these, the canned segment is estimated to dominate the global mushroom cultivation market during the forecast period. This is because canned mushrooms are ready to eat, already chopped, and cooked, they are a cost-effective option for consumers. Mushrooms are the perfect pantry staple for households and dining establishments because they have a longer shelf life than fresh mushrooms.
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Asia Pacific is estimated to hold the largest share of the global mushroom cultivation market over the projected timeframe.
Asia Pacific is estimated to hold the largest share of the global mushroom cultivation market over the projected timeframe. In the Asia-Pacific area, mushrooms are essential to many traditional cuisines and culinary traditions, giving them immense cultural significance. In Asian cooking, shiitake, oyster, enoki, and wood ear mushrooms are frequently used to enhance the taste, consistency, and nutritional content of dishes. This is because of their unique flavors, textures, and medicinal qualities, specialty and exotic mushroom varieties like enoki, maitake, shiitake, and straw mushrooms are highly sought after throughout the Asia-Pacific region.
Europe is estimated to grow at the fastest pace in the global mushroom cultivation market during the forecast period. This is because nutrient-dense meals are becoming more and more popular in the area. In the Netherlands, Germany, the United Kingdom, Spain, and other nations, its medicinal uses are gradually expanding, and this trend is expected to continue in the years to come. It is anticipated that the region’s sales of processed goods will rise as a result of European manufacturers and distributors using cutting-edge processing methods.
Major vendors in the Global Mushroom Cultivation Market are Fujishukin Co. Ltd., Hirano Mushroom LLC, Mushroom S.A.S, Mycelia, Rheinische Pilz Zentrale GMBH, Smithy Mushrooms Limited, Societa Agricola Italspawn Di Valentino E Massimo Sartor Ss, South Mill Mushrooms Sales, Walsh Mushrooms Group, Monaghan Mushrooms, Gourmet Mushrooms, Inc., Commercial Mushroom Producers, Fresh Mushroom Europe, Lambert Spawn., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In December 2023, Lion’s Mane, Cordyceps, Reishi, and Chaga mushroom species from Finland are part of the new organic functional mushroom line from American supplemental food manufacturer Applied Food Sciences, Inc.
- In November 2023, the international biotechnology company Sempera Organics added six new mushroom species to its lineup: Tiger Milk, Poria, Enoki, Wood Ear, Split Gill, Black Hoof, and Poria.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global mushroom cultivation market based on the below-mentioned segments:
Global Mushroom Cultivation Market, By Type
- Button Mushroom
- Oyster Mushroom
- Shiitake Mushroom
- Others
Global Mushroom Cultivation Market, By Form
- Canned
- Frozen
- Fresh
- Dried
- Others
Global Mushroom Cultivation Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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