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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Eco-Friendly Way of Cultivating Mushrooms is Aiding the Mushroom Substrate Industry Growth
The market for mushroom substrate is driven by the rising environmental awareness as the product offers an eco-friendly way of cultivating mushroom. The market is further aided by the capacity of mushroom substrates to help the poverty-stricken and strengthen their livelihoods as the cultivation of mycelium requires no access to the land and substantial capital investment. By doing so, it supports the local economy of a rural area and acts as a panacea, owing to its contribution in delivering food security, nutritious food, income through trade, and providing opportunities for small-scale food processing industry; all this without investing significantly on raw materials. In addition, the demand for mushroom substrate is accelerating owing to its medicinal properties. All these aforementioned factors are currently propelling the market growth and are expected to further push the market growth of mushroom substrate over the forecast period.
Mushroom Substrate Market Report Snapshots
Mushroom Substrate Market Size
Mushroom Substrate Market Growth
*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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Key Questions Answered in the Report
The global mushroom substrate market is being aided by the rising mushroom cultivation, which is projected to grow at a CAGR of 5% between 2024 and 2032.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising mushroom cultivation, and growing demand from the foodservice industry, are expected to aid the market growth.
The key trend guiding the growth of the market includes the growing environmental awareness.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sources of mushroom substrate in the market are organic and conventional.
The major types of mushroom substrate in the industry are sawdust, straw, logs, manure, and coffee grounds, among others.
The leading distribution channels in the market are offline and online, among others.
The major players in the industry are Agaris Belgium NV, Walsh Mushrooms Group, Monaghan Mushrooms, and Coenegrachts Substraat, among others.
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