Mushroom Cultivation Market Research Report By Cultivation Substrate (Compost, Wood Logs, Straw, Other Substrates), By Mushroom Type (Button Mushroom, Shiitake Mushroom, Oyster Mushroom, Enoki Mushroom, Other Mushroom Types), By Growing Method (Indoor Growing, Outdoor Growing), By Application (Food and Beverage, Pharmaceuticals, Nutraceuticals, Other Applications), By Production Scale (Small-Scale Production, Medium-Scale Production, Large-Scale Production) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and

Global Mushroom Cultivation Market Overview

Mushroom Cultivation Market Size was estimated at 4.14 (USD Billion) in 2022. The Mushroom Cultivation Industry is expected to grow from 4.55(USD Billion) in 2023 to 10.8 (USD Billion) by 2032. The Mushroom Cultivation Market CAGR (growth rate) is expected to be around 10.08% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Mushroom Cultivation Market Trends Highlighted

The Mushroom Cultivation Market grew spectacularly in recent years and is expected to continue to grow during the forecast period. The primary reason contributing to this growth is the increase in the consumption of mushrooms, as they are considered to be nutritious foods that are low in calories, fat, and cholesterol but rich in terms of protein, fiber and antioxidants. Also, the increasing interest in organic and sustainable food products has helped the expansion of the mushroom-growing market. On top of that, improving methods of cultivation and marketing of new products, including those targeted at real meat alternatives but based on mushrooms, maintain further company’s growth. There is also a growing trend of these companies shifting towards automated and controlled systems of production in order to improve productivity and reduce the cost of production.

Mushroom Cultivation Market Drivers

Increasing Health Consciousness

Consumers are becoming increasingly aware of the health benefits associated with mushrooms, including their high nutritional value and potential medicinal properties. This is leading to a growing demand for mushrooms in both fresh and processed forms. The Mushroom Cultivation Market Industry is expected to witness significant growth over the forecast period due to the rising health consciousness among consumers. In addition, the growing popularity of vegan and vegetarian diets is also driving the demand for mushrooms, as they are a good source of protein and other essential nutrients for people following these diets.

Growing Adoption of Mushroom-Based Products

Mushrooms have become a common additive to different products, including supplements, functional foods, and beverages. The growing consumption of mushrooms is determined by the focus on their specific health benefits and unique flavor attributes. The Mushroom Cultivation Market Industry is expected to benefit from the increasing demand for mushroom-based goods. They are often included in smoothies and different beverages in the form of powder to promote nutrition.Moreover, mushroom extracts are added to supplements to enhance the body’s resistance and stability.

Expansion of Mushroom Cultivation Techniques

Advancements in mushroom cultivation techniques are leading to increased production and improved quality of mushrooms. This is making mushrooms more accessible and affordable to consumers. The Mushroom Cultivation Market Industry is expected to witness significant growth due to the expansion of mushroom cultivation techniques. For example, the use of controlled environment agriculture (CEA) systems is allowing mushroom growers to produce mushrooms year-round in a consistent and efficient manner.

Mushroom Cultivation Market Segment Insights

Mushroom Cultivation Market Cultivation Substrate Insights

The mushroom cultivation market is segmented based on cultivation substrate into compost, wood logs, straw, and other substrates. Compost is the most commonly used substrate, accounting for over 60% of the market share. Compost provides an ideal environment for mushroom growth, as it is rich in nutrients and organic matter. Wood logs are also a popular substrate, particularly for the cultivation of shiitake mushrooms. Straw is another commonly used substrate, especially in developing countries. Other substrates, such as sawdust, paper, and cardboard, are also used in mushroom cultivation.The compost segment is expected to continue to dominate the mushroom cultivation market, driven by the increasing demand for mushrooms in the food and beverage industry. The wood logs segment is also expected to grow steadily as shiitake mushrooms continue to gain popularity. The straw segment is expected to grow in developing countries, where it is a cost-effective substrate. The other substrates segment is expected to witness modest growth, as new and innovative substrates are developed. In 2023, the mushroom cultivation market was valued at USD 4.55 billion.The market growth is attributed to the increasing demand for mushrooms in the food and beverage industry, as well as the growing awareness of the health benefits of mushrooms.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Mushroom Cultivation Market Mushroom Type Insights

The Mushroom Cultivation Market is segmented by mushroom type, which includes button mushroom, shiitake mushroom, oyster mushroom, enoki mushroom, and other mushroom types. In 2023, the button mushroom segment held the largest market share, accounting for over 40% of the market revenue. The shiitake mushroom segment is projected to experience significant growth over the forecast period, with a CAGR of 12.5%. The increasing demand for shiitake mushrooms in Asian cuisine and its medicinal properties is driving the growth of this segment.The oyster mushroom segment is also expected to witness steady growth, owing to its popularity in stir-fries and other culinary applications. The Enoki mushroom segment is projected to grow at a moderate pace, primarily driven by its use in soups and salads. Other mushroom types, which include specialty and gourmet mushrooms, are gaining popularity among consumers seeking unique flavors and nutritional benefits, contributing to the overall growth of the market.

Mushroom Cultivation Market Growing Method Insights

The Mushroom Cultivation Market is segmented based on the Growing Method into Indoor Growing and Outdoor Growing. Indoor Growing dominates the market, accounting for over 60% of the Mushroom Cultivation Market revenue in 2023. This dominance is attributed to its advantages, such as a controlled environment, higher yield, and year-round production. Outdoor Growing, on the other hand, is gaining popularity due to its lower cost and environmental benefits. It is expected to witness significant growth in the coming years, owing to increasing demand for organic and sustainable food products.By 2032, the Mushroom Cultivation Market for Indoor Growing is projected to reach USD 6.48 billion, while Outdoor Growing is expected to reach USD 4.32 billion, exhibiting a CAGR of 10.08% and 10.8%, respectively, during the forecast period 2024-2032.

Mushroom Cultivation Market Application Insights

The Mushroom Cultivation Market is segmented by application into Food and Beverage, Pharmaceuticals, Nutraceuticals, and Other Applications. The Food and Beverage segment held the largest market share in 2023 and is expected to continue to dominate the market throughout the forecast period. The growth of the Food and Beverage segment can be attributed to the increasing demand for mushrooms in various food products, such as soups, sauces, and salads. The Pharmaceuticals segment is expected to witness significant growth in the coming years due to the growing demand for medicinal mushrooms, such as reishi and shiitake, which are used in the treatment of various diseases.The Nutraceuticals segment is also expected to grow at a steady pace, driven by the increasing awareness of the health benefits of mushrooms.

Mushroom Cultivation Market Production Scale Insights

The Mushroom Cultivation Market is segmented by production scale into small-scale production, medium-scale production, and large-scale production. Among these, large-scale production is expected to hold the largest share of the market in 2023, accounting for over 55% of the Mushroom Cultivation Market revenue. This is due to the high efficiency and cost-effectiveness of large-scale production methods, which allow producers to meet the growing demand for mushrooms from various industries. Medium-scale production is also expected to witness considerable growth in the coming years, as it offers a balance between cost and efficiency for producers.Small-scale production, while having a smaller market share, is expected to remain important for local and niche markets.

Mushroom Cultivation Market Regional Insights

The Mushroom Cultivation Market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023, accounting for around 35% of the revenue. The region's market growth is driven by the increasing demand for mushrooms in the food and beverage industry, as well as the growing awareness of the health benefits associated with mushroom consumption. Europe is the second-largest market for mushroom cultivation, with a market size of USD 1.2 billion in 2023. The region's market growth is supported by the growing popularity of mushroom-based meat alternatives and the increasing demand for organic mushrooms.The APAC region is expected to witness the highest market growth during the forecast period, with a CAGR of 12.5%. The region's market growth is driven by the increasing demand for mushrooms in China and India, as well as the growing adoption of mushroom cultivation technologies. South America and MEA are relatively smaller markets for mushroom cultivation, but they are expected to grow at a steady pace during the forecast period.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Mushroom Cultivation Market Key Players And Competitive Insights

Major players in the Mushroom Cultivation Market industry are constantly striving to gain a competitive edge by investing in research and development, expanding their production capacities, and forming strategic partnerships. Leading Mushroom Cultivation Market players are focusing on developing innovative cultivation techniques, optimizing production processes, and enhancing the nutritional value of their products. The Mushroom Cultivation Market development is driven by the growing demand for mushrooms as a healthy and sustainable food source, as well as the increasing popularity of functional foods and supplements. Companies are also exploring new market opportunities by introducing value-added products such as mushroom-based snacks, beverages, and cosmetics. The Mushroom Cultivation Market Competitive Landscape is expected to remain highly competitive, with players competing on factors such as product quality, price, innovation, and distribution channels.A leading company in the Mushroom Cultivation Market is Monaghan Mushrooms, a provider of fresh mushrooms and value-added mushroom products. Monaghan Mushrooms operates state-of-the-art cultivation facilities in Europe, North America, and Asia and has a strong focus on sustainability and innovation. The company is known for its high-quality mushrooms, which are sold to retailers, food service operators, and manufacturers worldwide. Monaghan Mushrooms is also actively involved in research and development and has developed a number of proprietary cultivation techniques that improve yield and quality.A competitor company in the Mushroom Cultivation Market is Monterey Mushrooms, a leading producer of organic mushrooms in the United States. Monterey Mushrooms is committed to sustainable and environmentally friendly practices and uses renewable energy sources and organic growing methods in its cultivation facilities. The company offers a wide range of mushroom varieties, including oyster mushrooms, shiitake mushrooms, and specialty mushrooms. Monterey Mushrooms is known for its high-quality, organic mushrooms, which are sold to retailers, food service operators, and consumers through its own distribution network. The company is also actively involved in community outreach programs and supports local farmers and food banks.

Key Companies in the Mushroom Cultivation Market Include

• Ostrom Mushroom Farms


• The Mushroom Factory


• Nature's Farms


• Sylvan (Summit of Snoqualmie)


• North Spore Inc


• Swiss American Mushroom


• Monterey Mushrooms


• Gotham Greens


• Enonki Farms


• Monaghan Mushrooms


• JIYi mushroom


• Phillips Mushroom Farms


• Common Mushroom


• Hoffman Mushroom Company


• Continental Mushroom

Mushroom Cultivation Market Industry Developments

The mushroom cultivation market is projected to grow significantly over the next decade, driven by factors such as rising demand for nutritional and functional foods, increasing health consciousness, and growing adoption of plant-based diets. In 2023, the market is valued at approximately USD 4.55 billion and is expected to reach USD 10.8 billion by 2032, exhibiting a CAGR of 10.08% during the forecast period (2024-2032).Recent developments in the market include strategic partnerships and acquisitions, product innovations, and technological advancements. For instance, in 2023, Monaghan Mushrooms, a leading mushroom producer, announced a partnership with 80 Acres Farms, a vertical farming company, to develop and market indoor-grown mushrooms. Such collaborations are expected to drive innovation and enhance the efficiency of mushroom cultivation practices.

Mushroom Cultivation Market Segmentation Insights

• Mushroom Cultivation Market Cultivation Substrate Outlook
  
  
  
  • Compost
  
  
  • Wood Logs
  
  
  • Straw
  
  
  • Other Substrates
  
  
  
  


• Mushroom Cultivation Market Mushroom Type Outlook
  
  
  
  • Button Mushroom
  
  
  • Shiitake Mushroom
  
  
  • Oyster Mushroom
  
  
  • Enoki Mushroom
  
  
  • Other Mushroom Types
  
  
  
  


• Mushroom Cultivation Market Growing Method Outlook
  
  
  
  • Indoor Growing
  
  
  • Outdoor Growing
  
  
  
  


• Mushroom Cultivation Market Application Outlook
  
  
  
  • Food and Beverage
  
  
  • Pharmaceuticals
  
  
  • Nutraceuticals
  
  
  • Other Applications
  
  
  
  


• Mushroom Cultivation Market Production Scale Outlook
  
  
  
  • Small-Scale Production
  
  
  • Medium-Scale Production
  
  
  • Large-Scale Production
  
  
  
  


• Mushroom Cultivation Market Regional Outlook
  
  
  
  • North America
  
  
  • Europe
  
  
  • South America
  
  
  • Asia Pacific
  
  
  • Middle East and Africa