Rise in Consumption of Mushroom Expected to Drive Global Mushroom Cultivation Market: Ken Research

Mushrooms are edible fungi, classified as vegetables. These are rich in Vitamin D, riboflavin, selenium, potassium and other ingredients. Mushroom cultivation is the process of growing mushrooms on a large scale for commercial purposes. It consists of six steps including composting, spawning, casing, pinning and cropping. All these steps yield high-quality mushrooms for consumption. The rising health benefits due to consumption of mushrooms drive the market growth. As the consumption of mushrooms supports health immunity, weight management, and improvement of overall health aiding the consumer preference over the consumption. Moreover, mushroom consumption can reduce risk of diseases for instance prostate cancer and breast cancer. This rise in consumption owing to the health benefits has led to enhance in production and cultivation of mushrooms.

According to study, “Global Mushroom Cultivation Market to reach USD 21.21 billion by 2026” the key companies operating in the global mushroom cultivation market are Monaghan Mushrooms, Rheinische Pilz Zentrale GmbH, Walsh Mushrooms Group, South Mill Mushrooms Sales, Mycelia, Hirano Mushroom LLC, Societa Agricola Italspawn Di Valentino E Massimo Sartor Ss, Smithy Mushrooms Limited, Societa Agricola Porretta, Mushroom S.A.S, Commercial Mushroom Producers, Fujishukin Co. Ltd., F.H.U Julita Kucewicz, Gourmet Mushrooms, Inc., Polar Shiitake Oy, Fresh Mushroom Europe, Bluff City Fungi, Lambert Spawn, Mycoterra Farm and Heereco Bv. Key companies are involved in different strategic collaborations to boost its market share, for instance new product launch & strategic collaborations, and regional product launches.

Based on type, mushroom cultivation market is segmented as oyster mushroom, button mushroom and shiitake mushroom and others (nameko, maitake, mane, enoki, shimji and straw).  Button mushroom segment dominates the market owing to increase in research & development (R&D) on the white mushroom to find the potential to prevent cancer and rise in availability at affordable prices as compared to the special mushroom varieties. Based on phase, market is segmented as spawning, pinning, casing, composting and harvesting. Based on distribution channel, market is segmented as offline channel and online channel. In addition, based on applications, market is segmented as cushions, bedding and others.

The mushroom cultivation market is driven by rise in demand for processed food items among population, followed by cost-effectiveness associated with mushroom cultivation, multi-functionality of mushrooms, rise in consumers concerns about their health & prefer healthy food, growth in development in packaging skills and rise in demand of mushroom dishes. However, lack of improvised mushroom farm management practices and spawn production in developing countries may impact the market. Moreover, economic viability of mushroom cultivation and trade by developing countries are key opportunities for market.

Based on geography, the Asian-Pacific is the significant region in global mushroom cultivation market owing to largest production of the mushrooms in the region. Whereas, the European and Asian-Pacific regions are anticipated to exhibit highest growth rate due to low labor costs and rise in consumption of mushroom over the forecast period. The global mushroom cultivation market is valued approximately US $16.12 billion in 2019 and is projected to grow with a healthy growth rate of more than 4.0 % over the forecast period 2019 to 2026.

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Global Mushroom Cultivation Market

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