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Pulished Date April, 2021
ID: 9561
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Mushroom Cultivation Market By Type (Button Mushroom, Shiitake Mushroom, Oyster Mushroom, and Others), By Region (North America, Europe, Asia Pacific, South America, Rest of the World) - Forecast to 2026.

Pulished: April, 2021
ID: 9561
Pages: 175

Mushroom Cultivation Market Size and Growth (2021-2026):

The Mushroom Cultivation Market is evaluated to represent an estimation of USD 16.7 billion in 2021 and is anticipated to develop at a CAGR of 4.0% from 2021, to arrive at a value of USD 20.4 billion by 2026. Mushroom cultivation is a specialized procedure. In the vegetable classification, the mushroom is positioned with the heterotrophic life forms. As opposed to green plants, the mushroom isn't equipped for the photosynthesis procedure. In mushroom cultivation, waste items, which incorporate horse compost, poultry excrement, straw, gypsum, and wastewater, are utilized to develop top-notch mushrooms. Ammonia is expelled with the assistance of an alkali washer from the procedure air. Ammonia from the air is additionally utilized as a wellspring of nitrogen in treating the soil. The organism, for example, mycelium, utilizes manure as a wellspring of vitality for its burning, where vitality is discharged that is utilized for mushroom cultivation.

The higher per capita mushroom cultivation and reception of current mushroom cultivation strategies in the Asia Pacific area are anticipated to drive the development of the mushroom cultivation market As indicated by the China Business Research Institute, the nation was the biggest edible mushroom producer at a worldwide level and arrived at an expected yearly yield of 38.42 million tons in 2017. This represented about 75% of the all-out worldwide yield. Moreover, the CCCFA Edible Mushroom Branch (2018) expressed that the fare of palatable mushrooms was esteemed at USD 3.8 billion around the same time. As per an examination paper, mushroom cultivation is the fifth-biggest agrarian division in the nation, esteemed at USD 24.0 billion. The Asia Pacific is the main locale in the worldwide mushroom cultivation market. The per capita utilization in China, the biggest maker of mushrooms in the world, is higher than in some other nations. The utilization of mushrooms in Asian nations, for example, Japan, India, and others are expanding at a critical rate certified by expanding cultivation. Expanding the veggie-lover populace and moving patterns toward nourishment-rich food has prompted the market development of mushrooms in Asian nations.

Recent Developments:

  • In August 2019, Walsh Mushrooms Group extended to gracefully its mushrooms to ALDI, which is a grocery store organization. Another five-year bargain started in 2019 to develop mushrooms for ALDI by the cultivators of Evesham (England-based focus).
  • In October 2018, Walsh Mushrooms Group introduced a nutrient D enhanced mushroom following a USD 279,492 interest in a two-year venture, which was allowed Novel Food Status.
  • In September 2018, South Mill Mushrooms Sales gained Champ's Fresh Farm Inc., one of the main premium-quality mushroom makers in Western North America. This helped the organization to get perhaps the biggest mushroom cultivators in North America.

Drivers and Restraints:

Drivers:

The worldwide mushroom cultivation market is anticipated to observe noteworthy development because of elements, such as the various medical advantages of mushrooms, expanding per capita mushroom utilization, savvy creation and rising interest for veggie lover and common food in the eating regimen and expanding wellbeing cognizant populace over the globe are a portion of the main considerations powering the interest for mushroom cultivation. In addition, the multi-functionality of mushrooms and cost-effectiveness related to this cultivation also favors the business expansion.

Restraints:

Be that as it may, variance in the creation of mushrooms is anticipated to hamper the general development of the global mushroom cultivation market. Also, spawn production in developing countries will also limit the development in this business to some extent. Furthermore, the absence of a talented workforce obstructs the development of the global mushroom cultivation market over the estimated time of 2020-2025.

Opportunities:

In addition, the pattern of expansion of mushrooms in different multi-cooking dishes helps the market development. Also, mushroom cultivation can decrease the danger of maladies, for example, prostate malignant growth and breast cancer. This expansion in utilization attributable to the medical advantages has prompted the expansion underway and cultivation of mushrooms. Moreover, the monetary viability of mushroom cultivation and trade by developing countries creates lucrative business opportunities.

Challenges in the Mushroom Cultivation Market:

The absence of improvised mushroom farm management practices is considered as a serious threat to this market.

Market Dynamics:

The mushroom cultivation market has seen noteworthy development inferable from variables, for example, numerous medical advantages of mushrooms and expanding per capita mushroom utilization. Financially savvy creation and rising interest for vegetarian and regular food in the eating regimen factors help support the development of the mushroom cultivation market. Expanding well-being cognizant populace over the globe further impels the interest for mushroom cultivation comprehensively.

According to Food Association Organization, the worldwide region collected for Mushrooms and Truffles expanded from 39 thousand hectares in 2016 to 48 thousand hectares in 2017 and further to 67 thousand of every 2018.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

4.0%

Segments Covered

By Crop, By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Monaghan Mushrooms (Ireland), Walsh Mushrooms Group (Ireland), Mycelia (Belgium), South Mill Mushrooms Sales (US), Smithy Mushrooms Ltd. (UK), Rheinische Pilz Zentrale GmbH (Germany), Italian Mushroom SAS (Italy), Hirano Mushroom LLC (Kosovo), and Fujishin Co. Ltd. (Japan).

Market Segmentation:

Mushroom Cultivation Market - By Type:

  • Button mushroom

  • Oyster mushroom
  • Shiitake mushroom

Of these, the button mushroom segment represented the biggest piece of the overall industry in 2019. The button mushroom is a broadly devoured mushroom type over the world and can possibly offer numerous medical advantages. This type is industrially developed in practically all the significant mushroom delivering nations, for example, China, Japan, the US, the UK, Germany, and Poland. Expanded R&D on the white mushroom to locate the possibility to forestall disease, alongside its accessibility at moderate costs when contrasted with unique mushroom assortments, is anticipated to raise the interest for button mushrooms during the conjecture time frame. It contributes over 40% of worldwide production.

Regional Analysis:

Geographically, the worldwide Mushroom Cultivation market is spread across the regions of Asia Pacific, North America, Europe, Latin America and Middle East and Africa. Asia-Pacific is the main locale over the world as far as a part of the overall revenue, which is inferable from the most substantial production of the mushrooms in the region. However, Asia-Pacific is likewise foreseen to show most elevated development rate over the estimated time frame 2020-2025. Factors, such as low work costs, rising utilization in the area would make worthwhile development possibilities for the mushroom cultivation market across Asia-Pacific areas.

Key Players:

Key players in this market incorporate Monaghan Mushrooms (Ireland), Walsh Mushrooms Group (Ireland), Mycelia (Belgium), South Mill Mushrooms Sales (US), Smithy Mushrooms Ltd. (UK), Rheinische Pilz Zentrale GmbH (Germany), Italian Mushroom SAS (Italy), Hirano Mushroom LLC (Kosovo), and Fujishin Co. Ltd. (Japan). These significant players in this market are concentrating on expanding their essence through mergers and acquisitions, new item launches and understandings. These organizations have a solid nearness in the Asia Pacific, Europe and North America. They additionally have substrate producing offices and solid distribution organizes over these locales.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Mushroom Cultivation Market, By Type                        

                                6.1.1 Button Mushroom               

                                6.1.2 Shiitake Mushroom             

                                6.1.3 Oyster Mushroom               

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

8. Key Player Analysis                                    

                8.1 Monaghan Mushrooms                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Walsh Mushrooms Group                    

                8.3 Mycelia                        

                8.4 South Mill Mushrooms Sales                               

                8.5 Smithy Mushrooms Ltd                         

                8.6 Rheinische Pilz Zentrale GmbH                          

                8.7 Italian Mushroom SAS                           

                8.8 Hirano Mushroom LLC                           

                8.9 Fujishin Co. Ltd                         

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Product, by Application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Mushroom Cultivation Market By Region, From 2021-2026 ( USD Billion )
  2. Global Mushroom Cultivation Market By Type, From 2021-2026 ( USD Billion )
  3. Global Button Mushroom Market By Region, From 2021-2026 ( USD Billion )
  4. Global Shiitake Mushroom Market By Region, From 2021-2026 ( USD Billion )
  5. Global Oyster Mushroom Market By Region, From 2021-2026 ( USD Billion )

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