Global Mushroom Cultivation Market Insights Forecasts to 2033

• The Global Mushroom Cultivation Market Size was Valued at USD 18.3 Billion in 2023
• The Market Size is Growing at a CAGR of 5.14% from 2023 to 2033
• The Worldwide Mushroom Cultivation Market Size is Expected to Reach USD 30.2 Billion by 2033
• Europe is Expected to Grow the fastest during the forecast period.

The Global Mushroom Cultivation Market Size is Anticipated to Exceed USD 30.2 Billion by 2033, Growing at a CAGR of 5.14% from 2023 to 2033.

Market Overview 

Mushrooms are soft, nutritious fruit bodies belonging to specific macrofungal groups that can be hand-picked and grown both below and above ground. Its edibility is determined by the absence of harmful effects on people, as well as a pleasant flavor and scent. The worldwide mushroom business is seeing a huge increase in demand for mushrooms with each passing year. They are a wholesome, nutrient-dense food that works well in a variety of recipes. They are also quite easy to grow, making them popular among both farmers and home gardeners. In addition, a lot of people think that mushrooms are healthy and can be used as a natural medicine. Edible fungi are frequently referred to as mushrooms, which have been categorized as vegetables; nonetheless, they are not plants. They are high in riboflavin, potassium, vitamin D, selenium, and other nutrients that benefit human health. Clinical and preclinical study results indicate that it supports immune function, weight management, and general health. Furthermore, its use may lower the risk of diseases such as prostate cancer and breast cancer, which contributes to increased consumption and sales performance. These nutrients help to reduce oxidative stress and prevent or lower the risk of chronic diseases such as cancer, heart disease, and dementia. Furthermore, it has a strong natural umami flavor, allowing consumers to lower the salt content of mushroom meals by 30-40%, which benefits their health.

Report Coverage

This research report categorizes the market for the global mushroom cultivation market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global mushroom cultivation market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global mushroom cultivation market.

Driving Factors

Increased mushroom consumption in restaurants, supermarkets, and cafeterias is expected to drive mushroom industry growth. Furthermore, shifts in consumer attitudes toward vegetarian and vegan foods and growing demand for meat substitutes are projected to propel the mushroom industry. For example, button and shiitake mushrooms are strong in protein, making them enticing meat substitutes for buyers. These are the key mushroom industry trends. The efficiency and production of mushroom growing have grown as a result of advancements in cultivation techniques, such as controlled environment agriculture, indoor farming, and substrate optimization. Technological developments such as automated monitoring systems, climate control, and spawn development all contribute to increased yields and quality, which drives industry growth. In addition to being eaten raw, mushrooms are also processed and used in a variety of food items, including sauces, soups, snacks, and meat substitutes. Market expansion and diversification are facilitated by the growing uses of mushrooms in the food sector, which are fueled by product development and innovative culinary techniques.

Restraining Factors

Although mushrooms can be grown year-round in controlled circumstances, outdoor production is frequently affected by seasonal fluctuations. Weather variables such as temperature, humidity, and precipitation can have an impact on outdoor mushroom production, causing supply and pricing changes. Fresh mushrooms have a shorter shelf life than other agricultural goods, thus adequate storage conditions are required to retain quality and prevent spoiling. If not kept at a consistent temperature and humidity level, mushrooms can deteriorate, become dehydrated, and become contaminated by microorganisms. The necessity for effective storage facilities and transit logistics complicates and increases the cost of supply chain management.

Market Segmentation

The global mushroom cultivation market share is classified into type and form.

• The button mushroom segment is expected to dominate the global mushroom cultivation market during the forecast period.   

Based on the type, the global mushroom cultivation market is divided into button mushroom, oyster mushroom, shiitake mushroom, and others. Among these, the button mushroom segment is expected to dominate the global mushroom cultivation market during the forecast period. They are recognized for their firm texture, mild flavor, and versatility to a variety of culinary applications, including salad dressings, soups, stir-fries, and pizza toppings. Additionally, button mushrooms are often grown using controlled environment agriculture (CEA) technologies in large-scale commercial mushroom farms.

• The canned segment is anticipated to dominate the global mushroom cultivation market during the forecast period.   

Based on the form, the global mushroom cultivation market is divided into canned, frozen, fresh, dried, and others. Among these, the canned segment is anticipated to dominate the global mushroom cultivation market during the forecast period. Canned mushrooms are an affordable choice for consumers due to they are ready to eat, already cut, and pre-cooked. They have an extended shelf life than fresh mushrooms, making them an ideal pantry staple for families and restaurants.

Regional Segment Analysis of the Global Mushroom Cultivation Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the global mushroom cultivation market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global mushroom cultivation market over the predicted timeframe. Mushrooms have tremendous cultural importance and are integral to many traditional cuisines and culinary traditions in the Asia Pacific region. Shiitake, oyster, enoki, and wood ear mushrooms are commonly used in Asian cuisine to improve the flavor, texture, and nutritional value of foods. Specialty and exotic mushroom varieties, such as enoki, maitake, shiitake, and straw mushrooms, are in high demand throughout the Asia Pacific due to their different flavors, textures, and therapeutic properties. These mushrooms are used in a wide variety of recipes, such as herbal cures, stir-fries, hot pots, and soups. China, is the world's largest manufacturer of edible fungus, with the highest per capita consumption of any country. Its usage in Asian countries including as Japan, India, and others is growing rapidly, owing to increased production and imports. Farmers in the region are predicted to use new and current agricultural techniques, as well as employ them to manufacture pharmaceutical items to treat various diseases and improve overall fitness, which will fuel regional market expansion in the future years.

Europe is expected to grow at the fastest pace in the global mushroom cultivation market during the forecast period. Due to the region's growing demand for nutrient-dense foods. Its therapeutic applications are growing steadily in the Netherlands, Germany, the United Kingdom, Spain, and other countries, and this trend is projected to continue in the future years. The use of advanced processing techniques by European producers and distributors is expected to contribute to increased processed product sales across the area. Furthermore, consumers' consumption patterns are changing due to a growing interest in animal protein replacement and preferences for vegan foods. The market will benefit from the dry version as consumers who are health-conscious look for food that has practical uses. Additionally, the market performance is supported by its expanding use as an ingredient in the food processing industry.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global mushroom cultivation market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Fujishukin Co. Ltd.
• Hirano Mushroom LLC
• Mushroom S.A.S
• Mycelia
• Rheinische Pilz Zentrale GMBH
• Smithy Mushrooms Limited
• Societa Agricola Italspawn Di Valentino E Massimo Sartor Ss
• South Mill Mushrooms Sales
• Walsh Mushrooms Group
• Monaghan Mushrooms
• Gourmet Mushrooms, Inc.
• Commercial Mushroom Producers
• Fresh Mushroom Europe
• Lambert Spawn.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In December 2023, the new organic functional mushroom line from American supplemental food maker Applied Food Sciences, Inc. features Finnish-sourced Lion's Mane, Cordyceps, Reishi, and Chaga mushroom species.

• In November 2023, Sempera Organics, a global biotechnology firm, has diversified its mushroom product line by introducing six new varieties: Black Hoof, Tiger Milk, Poria, Enoki, Wood Ear, and Split Gill.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global mushroom cultivation market based on the below-mentioned segments: 

Global Mushroom Cultivation Market, By Type

• Button Mushroom
• Oyster Mushroom
• Shiitake Mushroom
• Others

Global Mushroom Cultivation Market, By Form

• Canned
• Frozen
• Fresh
• Dried
• Others

Global Mushroom Cultivation Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa