Mushroom Cultivation Market Size
The Global Mushroom Cultivation market size was valued at $20.92 billion in 2024 and is projected to reach $29.35 billion by 2030, growing at a CAGR of 5.8% during the forecast period.
Mushroom Cultivation Overview
Mushroom cultivation, also known as mushroom farming or mycology, is the practice of growing and cultivating mushrooms for various purposes, including culinary, medicinal, and industrial uses. This agricultural process involves controlled conditions to provide the optimal environment for mushroom growth. Mushroom cultivation can be practiced on a small scale at home or on a larger, commercial scale, depending on the intended purpose.
It's important to note that different mushroom species have specific requirements for growth, and successful cultivation often requires knowledge, expertise, and precise control of environmental factors. Commonly cultivated mushroom species include button mushrooms (Agaricus bisporus), shiitake (Lentinula edodes), oyster mushrooms (Pleurotus ostreatus), and many others. Each species may have its unique substrate, temperature, and humidity requirements.
Mushroom Cultivation Market Dynamics
Health and Nutritional Benefits Associated with Mushrooms is driving the market growth
Mushrooms are highly regarded for their nutritional value and potential health benefits. They are a rich source of essential nutrients, vitamins, minerals, and antioxidants. Some mushroom varieties, such as shiitake and maitake, are believed to have immune-boosting properties. The increasing focus on health-conscious diets and natural remedies has led to a surge in the demand for mushrooms, both for culinary and medicinal purposes. As cultivation keep on developing in prominence, elective protein sources like mushroom have been flooding the wellbeing nourishment advertise. The excellent benefits of mushrooms will augment the industry growth in foreseeable future demand because the mushroom is associated with health benefits, due to which it has a huge adoption rate. The cost-effective production and rising demand for vegan and natural food in the diet, and significant improvement in per capita mushroom consumption are fueling the growth of the mushroom cultivation market across the globe.
- For instance, the Agricultural Marketing Resource Center suggested that, in the year 2015 each person in the United States consumed, on average, around 3 pounds of mushrooms. The health benefits associated with mushroom such as, the National Cancer Institute suggests that, it helps in the prevention of lung, breast and other kinds of breast cancer.
- Additionally, in a 2020 article published by Down to Earth, it was reported that the Directorate of Mushroom Research doubled the production of 4-mushroom strains, including shiitake, by an impressive 200,000 tonnes. This increase in cultivation was attributed to the recognized medicinal properties associated with mushrooms.
Vulnerability to Diseases and Pests is Restraining the Market Growth
Mushrooms, like all crops, are susceptible to various diseases and pests. Fungal diseases, Molds, and insect infestations can significantly impact mushroom yields and quality. Mushrooms are themselves fungi, and they can be vulnerable to various fungal diseases. Contamination by unwanted fungi can ruin an entire crop, leading to financial losses for growers. Efforts to combat diseases and pests in mushroom cultivation typically involve a combination of preventive measures, hygiene, and, in some cases, the use of fungicides or pesticides. Nevertheless, the risk of disease and pest-related losses remains a significant restraining factor in the mushroom cultivation industry. Growers must remain vigilant and invest in measures to protect their crops and minimize the impact of these issues.
- According to the International Journal of Current Microbiology and Applied Sciences, the dry bubble disease was reported for the first time by Malthouse in 1901. The disease is the most widespread disease of commercial mushroom production worldwide. If the disease gets out of control it can cause crop losses as high as 20 per cent or more, but 1-5 per cent losses are common (Grogan et al., 2009).
Market Opportunities
The global mushroom cultivation market is expected to experience substantial growth during the forecast period due to the increased efforts by major market players to embrace cutting-edge technologies. This adoption of computerized and automated technologies is poised to significantly boost commercial mushroom production, creating a plethora of opportunities for industry participants. The ongoing development and enhancement of modern technologies, which encompass various aspects such as compost preparation, non-composted substrate mushroom production, computerized control, automated mushroom harvesting, and innovative spawn preparation and substrate sterilization methods, are set to enhance the productivity of mushroom culture in the years to come.
- According to the Journal of Agriculture and Food Research, Machine Learning (ML) technology has been highly adopted to classify edible mushrooms to avoid poisonous mushrooms. To investigate the efficiency of the proposed system, several experiments have been enumerated and interpreted. The study is further furnished with the System Usability Scale (SUS) to track the regular user's satisfaction and gained the SUS score of 82%.
Market Threats
The limited shelf-life of the mushrooms and irregularity in the proper process management will be anticipated to hamper the growth of the global mushroom cultivation market during the forecast period. Moreover, consumer credit is one of the foremost and biggest factors which will challenge the market growth. Also, the increase in the operational expenses might further challenge the mushroom cultivation market growth in upcoming years.
- According to The Pharma Innovation Journal, the fixed cost of mushroom production was estimated to be 41.98 percent, 37.76 percent and 33.82 percent on small, medium and large farm, respectively. The proportion of fixed cost to total cost being lowest on large farm revealed the optimum use of fixed farm resources by these farms. On an average total fixed cost and variable cost were Rs. 1062 and Rs. 1740 which constituted about 37.90 percent and 62.09 percent of the overall total cost, thus substantially posing threat to the market growth.
Impact of COVID-19 on Mushroom Cultivation Market
The outbreak of COVID-19 has a negative impact on the Mushroom Cultivation Market. As COVID-19 is at high risk in patients with obesity, the consumption of healthy and vegetarian food, such as mushrooms have increased in consumers, as they have low calories and boost immunity. As the market has disrupted due to the pandemic, there have been some changes across the market, brought in by the change in the consumption pattern of the consumers.
- According to the World Bank, the Asia-Pacific region witnessed a 0.5% decline in economic growth in 2020. Simultaneously, the COVID-19 pandemic took a significant toll on the job market in the region, as reported by the Economic Times. The International Labor Organization estimated that 81 million jobs were lost in the Asia-Pacific in 2020, resulting in a 10% decrease in labor income.
- Furthermore, the International Monetary Fund revealed that Europe's GDP experienced a substantial 40% decrease in the second quarter due to the virus's rapid spread. The pandemic has left a profound impact on all industries and sectors, disrupting supply and demand dynamics across the mushroom cultivation market.
By Type, Button Mushroom Segment Dominates the Market
The button mushroom segment made huge revenue and grew its prominence during the forecast period. The white button mushroom is sold as fresh mushroom or is canned and made into soups, sauces and other food products. Protein in mushrooms have 60-70 % digestibility and contains all the essential amino acids. It has medicinal properties also. A high amount of retene is present in the button mushroom which is supposed to have an antagonistic effect on some forms of tumours. Many farms for production of button mushrooms were established and this variety still dominates the world production and consumption. India, with its diverse agroclimate conditions and abundance of agricultural wastes, has been producing mushrooms, mainly for the domestic market, for more than four decades. Increased R&D on the white mushroom to find the potential to prevent cancer, along with its availability at affordable prices as compared to special mushroom varieties, is projected to escalate the demand for button mushroom during the forecast period.
- For instance, the reports by the National Horticulture Board suggests that, the annual production of mushroom in India accounted for 1,00,000 tonnes, 85% of which is accounted for button mushroom. Button mushroom accounts for 3/4th of the total mushroom production in the country. Presently India is producing 201000 ton of mushroom and is ranked fifth in the total mushroom production.
By Geography, Asia Pacific Region is Leading in the Global Market Place
Asia Pacific is likely to have a huge demand in the forecast period owing to increasing consumption of mushroom and implementation of modern mushroom cultivation methods in the region. China is the largest producer of mushrooms in the region having higher per capita income as compared to other countries. Mushroom cultivations have a high impact on China's poverty alleviation program, with earnings at least ten times higher than rice and corn. The products were exported to 137 countries and regions, mainly to Japan, South Korea, ASEAN, the USA, and the European Union, among these, Japan is the biggest import market for cultivated mushrooms from China. Rapid development in the market and an increased demand for edible fungi generally enhance the economy of domestic edible fungi.
- For instance, according to the China Media Group (CMG), the China's smart solar-mushroom plant in Qing Yuan City is witnessing a remarkable growth in mushroom spawn production. With an investment of over 30 million yuan (around $ 4.45 million), the digital production line is equipped with a photovoltaic system. Since the digital equipment was put into operation, the daily output of the plant has increased significantly.
Key Developments
- In January 2023, South Mill Champs, a leading producer and provider of fresh mushrooms and mushroom-related products in North America, has officially inaugurated its cutting-edge farm in Oxford, Pennsylvania. This state-of-the-art facility is set to become one of the largest single-site mushroom farms in North America and a major phase 3 composting operation. The grand opening signifies the successful conclusion of the initial stage in the multi-year, multi-phase expansion of the farm and composting operations.
- In November 2022, Monaghan was showcased in the RTÉ series "Home Grown," a program dedicated to celebrating the field of horticulture in Ireland. The show emphasized the pivotal role of mushrooms as Ireland's primary horticultural export.
List of the Key Players Profiled in the Market:
- Monaghan Mushrooms
- Polar Shiitake Oy
- South Mill Champs
- Walsh Mushrooms Group
- Smithy Mushrooms Ltd
- Fresh Mushroom Europe
- Rheinische Pilz Zentrale GmbH
- Mushroom SAS
- Gourmet Mushrooms Inc
- Bluff City Fungi
- Heereco BV
- Mycoterra Farm
- Fujishukin Co.Ltd
- Hirano Mushroom LLC
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Global Mushroom Cultivation Market by, Type:
- Button
- Oyster
- Shiitake
- Other Types
Global Mushroom Cultivation Market by, Phase:
- Casing
- Composting
- Harvesting
- Pinning
- Spawning
Global Mushroom Cultivation Market by, Form:
- Canned
- Frozen
- Fresh
- Dried
- Other Forms
Global Mushroom Cultivation Market by, Raw Material:
- Bio-Based Industrial Trash
- Animal Based
- Other Raw Materials
Global Mushroom Cultivation Market by, Application:
- Bedding
- Cushions
Global Mushroom Cultivation Market by, Geography:
The Mushroom Cultivation Market report also analyses the major geographic regions and countries for the market. The regions and countries covered in the study include:
- North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
- Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
- South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
- Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
What Can be Explored with this Research Report:
- Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
- Identify growth opportunities.
- Porter’s five force analysis.
- In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
- Historical and forecast size of the market in terms of revenue (USD Million).
- Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Health and Nutritional Benefits Associated with Mushrooms
4.1.2 Growing Health Consciousness among People
4.1.3 Rising Demand for Button Musrooms
4.2 Market Restraints
4.2.1 Vulnerability to Diseases and Pests
4.2.2 Lack of Innovative Mushroom Farm Management Methods
4.3 Market Opportunities
4.3.1 Rising Implementations of Latest Technologies
4.3.2 Increase in Online Platforms and Distribution Channels
4.4 Market Challenges
4.4.1 Issues Associated with Cultivation of Mushrooms
4.5 Impact of COVID-19 on Mushroom Cultivation Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Mushroom Cultivation Market by, Type
6.1 Overview
6.2 Button
6.3 Oyster
6.4 Shiitake
6.5 Other Types
7 Global Mushroom Cultivation Market by, Phase
7.1 Overview
7.2 Casing
7.3 Composting
7.4 Harvesting
7.5 Pinning
7.6 Spawning
8 Global Mushroom Cultivation Market by, Form
8.1 Overview
8.2 Canned
8.3 Frozen
8.4 Fresh
8.5 Dried
8.6 Other Forms
9 Global Mushroom Cultivation Market by, Raw Material
9.1 Overview
9.2 Bio-Based Industrial Trash
9.3 Animal Based
9.4 Other Raw Materials
10 Global Mushroom Cultivation Market by, Application
10.1 Overview
10.2 Bedding
10.3 Cushions
11 Global Mushroom Cultivation Market by, Geography
11.1 Overview
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Australia
11.4.6 New Zealand
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Brazil
11.5.2 Argentina
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 UAE
11.6.2 Saudi Arabia
11.6.3 Qatar
11.6.4 Iran
11.6.5 South Africa
11.6.6 Rest of Middle East & Africa
12 Key Developments
13 Company Profiling
13.1 Monaghan Mushrooms
12.1.1 Business Overview
12.1.2 Product/Service Offering
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Activities
13.2 Polar Shiitake Oy
13.3 South Mill Champs
13.4 Walsh Mushrooms Group
13.5 Smithy Mushrooms Ltd
13.6 Fresh Mushroom Europe
13.7 Rheinische Pilz Zentrale GmbH
13.8 Mushroom SAS
13.9 Gourmet Mushrooms Inc
13.10 Bluff City Fungi
13.11 Heereco BV
13.12 Mycoterra Farm
13.13 Fujishukin Co.Ltd
13.14 Hirano Mushroom LLC
Report Details
SKU Code | : DI2215 |
Industry | : Food & Beverages |
Region | : Global |
Tables | : 144 |
Format | : Electronic PDF |
Published | : 2024 |
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