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The global mushroom cultivation market size is expected to grow at a CAGR of 4.40% during the forecast period of 2024- 2032, driven by the health benefits of mushroom.
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Mushrooms are the fruiting body of particular types of fungus that are a low-calorie food that offers several health benefits, including a wealth of vitamins and minerals. Riboflavin, potassium, vitamin D, selenium, and other nutrients that are good for human health are abundant in mushrooms. Growing mushrooms utilising plant, animal, and industrial waste is known as mushroom cultivation. Due to the relevance of the dietary fibre and protein content of mushrooms, techniques of mushroom cultivation have acquired popularity throughout the world.
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Based on type, the market is divided into button mushroom, oyster mushroom, and shiitake mushroom, among others. The market on the basis of phase is divided into composting, spawning, casting, pinning, and harvesting, among others. On the basis of distribution channels, the market is bifurcated into offline and online. The regional markets for mushroom cultivation can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global mushroom cultivation market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Over the forecast period, the button mushroom segment in the market for mushroom cultivation is anticipated to experience significant expansion. Due to their multiple nutritional advantages and shorter spore incubation times, button mushrooms are widely cultivated around the world. Over the forecast period, the market is anticipated to be driven by their reduced cost when compared to other types of mushrooms.
As per the mushroom cultivation market research, shiitake mushrooms are well-liked all over the world, largely because of their delicious flavour and wide range of health advantages. These mushrooms can be eaten fresh or processed in the form of dried mushrooms; however, due to their umami flavour, dried shiitake mushrooms are more widely consumed. Shiitake mushrooms have long been used in traditional medicine in nations like Japan, China, and South Korea because they promote longevity, improved health, and better blood circulation when consumed.
Due to a surge in per capita consumption of mushrooms compared to other regions, the Asia Pacific is predicted to dominate the mushroom cultivation market. During the anticipated period, the market for mushroom cultivation in the region will develop as a result of rising mushroom cultivation and increasing consumption.
Traditional medical practises, such as Traditional Chinese Medicines and Ayurveda, which use diverse mushroom species to treat a variety of ailments, are more common in the Asia Pacific region. The region's demand for mushrooms is anticipated to be driven by their high nutritional value, low calorie content, and immunity-boosting qualities.
As a result of an increase in demand for foods with high nutritional value, Europe is expected to experience high growth in the market for mushroom cultivation during the forecast period. In addition, rising consumer concerns about their health and fitness as well as a shift in consumer choice toward low-fat and healthy foods are predicted to fuel market expansion throughout the forecast period.
The demand for mushrooms for therapeutic purposes is increasing moderately in nations like the United Kingdom, the Netherlands, Germany, Spain, and others, and the trend is expected to continue in the future years. The use of cutting-edge mushroom processing methods by mushroom farmers and distributors in Europe is expected to help mushroom cultivation market throughout the continent.
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Walsh Mushrooms Group, founded in 1979 is a vertically integrated food company that supplies more than 500 tonnes of fresh mushrooms to the United Kingdom market each week. It grows more than 150 tonnes of fresh mushrooms in Ireland and the United Kingdom, and produces about 2,000 tonnes of substrate for those markets.
Monaghan Group is one of the biggest producers of mushrooms worldwide. The company grows, harvests, and packages finished goods that are transported to supermarket shelves. It also produces compost for growing mushrooms. Its operations are spread across Canada, Ireland, the United Kingdom, and Europe, with its headquarters in Co. Monaghan, Ireland.
Hirano Mushroom LLC, since its establishment in 2013, has been committed to supplying the European, Asian, and American markets with premium mushrooms. It is the only producer of unique shiitake mushrooms in Eastern Europe.
Other market players include Smithy Mushrooms, Fujishukin co. Ltd., Gourmet Mushrooms, Inc., Commercial Mushroom Producers Ltd., Lambert Spawn, Heereco BV, Phillips Mushroom Farms, and Mushroom SAA, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Phase |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market for mushroom cultivation is projected to grow at a CAGR of 4.40% between 2024 and 2032.
The major drivers of the mushroom cultivation market include the increasing efforts by market participants to adopt advanced technologies, rising need for processed food items, surging popularity of mushroom recipes, growth of the food service sector, and shift in consumer preferences toward low-fat and healthy foods.
The growing demand for vegetarian cuisine and the rising consumer concerns about their health and fitness are the key industry trends propelling the growth of the market.
The major players in the industry are Walsh Mushrooms Group, Monaghan Group, Hirano Mushroom LLC, Smithy Mushrooms, Fujishukin co. Ltd., Gourmet Mushrooms, Inc., Commercial Mushroom Producers Ltd., Lambert Spawn, Heereco BV, Phillips Mushroom Farms, and Mushroom SAA, among others.
Mushroom farming is one of the most lucrative agricultural businesses that people may start with little money and space.
Some of the popular types of mushrooms for growing are button, oyster, and paddy straw mushrooms.
The primary challenges include lack of cultivation houses, lack of good spawn, lack of capital, lack of equipment, lack of local markets and opportunities for promotion, and lack of storage facilities.
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