Market Overview:
The Mushroom Cultivation market estimated at USD 51.96 Billion in the year 2022, is projected to reach a revised size of USD 90.62 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2023-2030.
Mushrooms are a macro fungus or edible fungus that are large enough to be seen by the naked eye and can provide several essential nutrients. From puffballs to truffles, mushrooms are cultivated widely and can range from regular fare to costly delicacy. While their growth, mushrooms can decompose all the organic nutrients and can absorb nutrients from them. Mushrooms are a good source of proteins that includes all essential amino acids and can be purchased fresh, dried, or canned. Button mushroom is the major cultivated and consumed variety all across the world. With the availability of appropriate climatic conditions in temperate areas, and with the development of technologies to cultivate them throughout the year, mushroom cultivation is witnessing rapid growth and a rise in demand from consumers.
The Report Will Include A Major Chapter
· Patent Analysis
· Regulatory Framework
· Technology Roadmap
· BCG Matrix
· Heat Map Analysis
· Price Trend Analysis
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Market Dynamics and Factors:
The increasing number of health-conscious individuals has significantly contributed to the growth and demand for mushroom cultivation in recent times. Mushrooms are highly valued for their nutritional composition, as they are rich sources of proteins, antioxidants, vitamins, and minerals. The antioxidant properties found in mushrooms have been associated with potential cancer prevention, including breast, lung, prostate, and other types of cancers. mushrooms contain potassium, which plays a crucial role in maintaining healthy blood pressure levels and reducing the risk of cardiovascular diseases and hypertension. The Surge in Health Awareness and Adoption of Veganism drives the Mushroom Market.
Governments in numerous countries are making significant investments and implementing initiatives to support the production of high-quality and novel mushroom varieties. This focus on cultivating safe edible fungi, which can be both exported for profitability and consumed domestically, presents promising growth prospects in the coming years. The adoption of advanced pest management systems plays a vital role in controlling losses or damages in mushroom cultivation. Increasing Initiatives in Research and Development for Commercial Cultivation provides an opportunity for Mushroom Market.
Top Key Players Covered in The Mushroom Cultivation Market:
· 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)
· Lambert Spawn (US)
· Mycoterra Farm (US)
· Commercial Mushroom Producers (Europe)
· Societa Agricola Porretta (Italy)
· Bluff City Fungi (US) and other major players.
The Mushroom Cultivation Market Report Highlight:
· By Type, the Button segment is expected to dominate the Mushroom Cultivation Market during the forecasted period. The button mushroom is a major consumed mushroom type in all types of the world as it offers potential health benefits.
· By Phase, the Composting segment is expected to dominate the Mushroom Cultivation Market during the forecasted period. It is essential for almost all garden plants as it is a good soil amendment for vegetable gardens.
· By Form, the Fresh Mushroom is dominating the segment in Mushroom Cultivation Market. Fresh mushrooms are witnessing a rise in demand due to the rising number of consumers that are focused on organic and unprocessed food consumption that offers maximum health benefits.
· By Distribution Channel, the supermarkets/hypermarkets segment dominates the mushroom cultivation market. The penetration of supermarkets or hypermarkets is higher in developed countries such as North America and Europe, rather than the developing regions, which is the major for the segment growth.
· The Asia Pacific region is expected to have the highest share of the Mushroom Cultivation market over the projected period. The Asia Pacific region has the largest per capita consumption of mushrooms as compared to other countries which fuel the rapid growth.
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Key Industry Development:
In May 2023, Rang De, Mission Samriddhi partners to launch the Mushroom Fund for TN farmers. Rang De, a peer-to-peer social investing platform, has collaborated with social impact enterprise, Mission Samriddhi to launch a Mushroom Fund. The fund intends to support underserved farmers in Tamil Nadu to drive sustainable income from mushroom cultivation.
In February 2023, Bengaluru taps into medicinal mushroom cultivation. After the successful cultivation of multiple varieties of mushrooms, Bangaloreans have now set their sights on medicinal mushrooms, cultivated only in Japan, China, and South Korea until recently.
Mushroom Cultivation Market Segmentation:
By Type
· Button
· Oyster
· Shiitake
· Porcini
· Chanterelle
· Shimeji
By Phase
· Composting
· Spawning
· Casing
· Pinning
· Harvesting
By Form
· Fresh
· Dried
· Canned
By Distribution Channel
· Direct to customers
· Supermarkets/Hypermarkets
· Online stores
· Convenience stores
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Table Of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Phase
3.3 By Form
3.4 By Distribution Channels
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Mushroom Cultivation Market by Type
5.1 Mushroom Cultivation Market Overview Snapshot and Growth Engine
5.2 Mushroom Cultivation Market Overview
5.3 Button
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
