Increasing demand for edible mushrooms due to various health benefits is a key factor driving revenue growth in the global mushroom cultivation market
mushroom cultivation market size is expected to reach USD 22.78 Billion in 2028, according to latest analysis by Emergen Research. Steady increase in demand for mushrooms is a key factor driving growth of the global mushroom cultivation market. According to various research, edible mushroom have medicinal properties and act as an antioxidant, anticancer, antiallergic, cardiovascular protector, and others.
Mushroom farming has become a profitable income source for small farmers in recent years. The production technique is entirely different from other vegetables as mushrooms can be grown on plants, sawdust, wood, husk, straw, and hay, etc. The cultivation process requires very little space and does not need fertile soil. These advantages driving mushroom production and cultivation as a primary business for marginal or landless producers. Many farmers are generating additional income through mushroom production during lean seasons.
Rising demand for mushrooms as a substitute for meat products followed by rising preference for vegan food products and diets are some other key factor boosting demand for mushrooms. This in turn is resulting in increasing global mushroom production using more modern and advanced cultivation technologies and processing techniques.
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Mushroom Cultivation market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
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Competitive Landscape
Inventive Product Launch Declaration by Crucial Players to Spur Market Growth
The report offers a complete analysis of the global Mushroom Cultivation market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations.
Based on the competitive landscape, the market report analyzes the key companies operating in the industry:
Monaghan Mushrooms, Walsh Mushrooms Group, Mycelia, South Mill Mushrooms Sales, Smithy Mushrooms Ltd., Rheinische Pilz Zentrale GmbH, Italspwan, Mushroom SAS, Fujishukin Co., and Societa Agricola Porretta.
key findings in the report:
- In January 2019, South Mill Mushrooms and Champ’s Mushrooms combined forces to create the leading mushroom producer and supplier in North America. This agreement helped South Mill Mushrooms meet rising demand in all mushroom marketplace segments throughout the United States and Canada.
- Button mushroom segment is expected to register a relatively higher revenue CAGR throughout the forecast period. This can be attributed to increasing demand for button mushrooms due to nutritional properties and easy availability.
- Asia-Pacific accounted for the major share in the global mushroom cultivation market. This can be attributed to increasing consumptionof mushrooms and adoption of more modern mushroom cultivation processes in countries in the region.
The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Detailed Regional Analysis covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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For the purpose of this report, Emergen Research has segmented the global mushroom cultivation market based on type, phase, form, marketing channel, and region as follows:
- Type Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
- Button Mushroom
- Cremini Mushrooms
- Oyster Mushrooms
- Others
- Phase Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
- Composting
- Spawning
- Casing
- Pinning
- Cropping
- Form Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
- Marketing Channels Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
Key point summary of the report:
- The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
- It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
- The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
- The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
- The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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