John Miller
The global mushroom cultivation industry is a diverse and promising market, with a variety of flavoursome and nutritious mushrooms. In 2023, the global mushroom market was valued at 62 billion USD, with the food industry claiming the largest share at 42%. The market is expected to reach USD 115.8 billion by 2030, growing at a CAGR of 9.7% from 2022 to 2030. Asia is the largest producer, with China being the largest manufacturer and consumer, with a per capita annual consumption of up to 10 kg. The Asia Pacific region accounted for over 78.6% share of global revenue in 2021. Europe is the second-largest producer, with France, Germany, Poland, the Netherlands, Italy and the UK all contributing significantly to the market. North America also accounts for a large share of the market, with the US being the largest contributor. The mushroom market is experiencing steady growth, driven by factors such as innovation, sustainability, health and wellness trends, and changing dietary preferences, such as the rising popularity of plant-based diets.
| Characteristics | Values |
|---|---|
| Global Mushroom Market Size in 2021 | USD 50.3 billion |
| Projected Global Mushroom Market Size in 2030 | USD 115.8 billion |
| Projected Global Mushroom Market Size in 2032 | USD 32.04 million tones |
| CAGR during the forecast period | 9.7% |
| Region with the highest market share in 2021 | Asia Pacific (78.6% share) |
| Country with the highest production in the Asia Pacific region | China |
| Per capita annual consumption in China | 10 kg |
| Most common product type | Button Mushrooms (61.8% share) |
| Most common form | Fresh (89.5% share) |
| Most common distribution channel | Supermarkets and hypermarkets (38.3% share) |
| Key factors driving market growth | Increasing demand, rising focus on health and wellness, preference for organic products, and easy access to grocery items and vegetables online |
| Key restraining factors | High cost of preservation and limited shelf life |
| Key companies | Monaghan Mushrooms, Walsh Mushrooms Group, Mycelia, South Mill Mushrooms Sales, Smithy Mushrooms Ltd., Rheinische Pilz Zentrale GmbH, Italspwan, Mushroom SAS, Fujishukin Co. Ltd., Societa Agricola Porretta, Heereco |
Explore related products
What You'll Learn
Global market size
The global mushroom market size was valued at USD 50.3 billion in 2021 and is projected to reach USD 115.8 billion by 2030, growing at a CAGR of 9.7% from 2022 to 2030. The Asia-Pacific region led the market and accounted for over 78.6% share of global revenue in 2021, with China as the largest producer in the region and per capita annual consumption of up to 10 kg. The button mushroom type accounted for the largest volume share of 61.8% in 2021, and the fresh form dominated the market with a revenue share of 89.5% in 2021.
The global mushroom cultivation market size reached USD 16.65 billion in 2020 and is expected to register a CAGR of 3.9% during the forecast period. The high cost of mushroom preservation is a key restraining factor for the market growth. Mushrooms have a limited shelf life, which led to significant losses for growers during the initial months of the pandemic due to transportation slowdowns.
The increasing demand for mushrooms, rising focus on health and wellness, and the growing preference for organic and plant-based food products are some key factors driving the revenue growth of the global mushroom cultivation market. Mushrooms are considered a superfood due to their nutritional content, including being rich in vitamins, minerals, and dietary fiber, and are sometimes used as a substitute for meat products. The rising popularity of vegan diets is expected to augment the demand for meat substitutes such as mushrooms.
North America accounted for a significantly large revenue share in the global mushroom market in 2020, driven by the rapid adoption of more advanced cultivation and processing technologies. The market in Europe accounted for the second-largest revenue share in 2020, with Germany, the Netherlands, Italy, France, and the UK being key players. Asia Pacific registered a rapid revenue CAGR in 2020, with China and Japan contributing significantly to the market growth in the region.
Should You Peel Chestnut Mushrooms?
You may want to see also
Regional demand
The demand for mushrooms is increasing in developing countries due to their health benefits. The preference for vegan and organic food products and a rising focus on healthy diets are factors boosting the demand for edible mushrooms globally. Mushrooms are also increasingly being used as a substitute for meat products.
North America holds a significant share of the market due to higher market penetration in developed economies such as the US and Canada. The region is also witnessing an increasing preference for vegan diets, with consumers willing to pay higher prices for premium, natural, and organic products. North America is also the largest market for specialty mushrooms, with the US being the largest contributor to the region's market share.
Europe is another key market for mushrooms, with France, Germany, the UK, the Netherlands, Italy, and Poland being significant contributors. The region is witnessing a rising demand for nutrient-rich foods, and the use of mushrooms in gourmet and processed foods is boosting market growth. Germany, in particular, has a well-developed food processing industry that incorporates mushrooms into diverse products, and its focus on sustainability and organic cultivation supports market growth. France also has robust production and consumption of button and specialty mushrooms, with consumers increasingly demanding organic and wild mushrooms.
The Asia Pacific region led the market and accounted for over 78.6% share of global revenue in 2021. China is the largest producer in the region, with per capita annual consumption of up to 10 kg. Other significant producers and consumers in the region include Japan and South Korea. India is also witnessing increased production, supported by initiatives such as the JICA-backed project in Himachal Pradesh to promote Shiitake mushroom cultivation.
Maitake Mushrooms: Cancer Cure or Myth?
You may want to see also
Cultivation process
The global mushroom market is huge, valued at USD 50.3 billion in 2021 and projected to reach USD 115.8 billion by 2030. China is the largest manufacturer and consumer, with a per capita annual consumption of up to 10 kg. The Asia Pacific region leads the market, accounting for 78.6% of global revenue in 2021.
Mushroom cultivation can be done on a small or large scale, and there are several methods to choose from. The process can be as simple as putting blocks in the woods and letting them fruit. Here is a general step-by-step guide to mushroom cultivation:
Step 1: Compost Preparation
The first step is to prepare the compost, which can be done by mixing straw, horse manure, chicken manure, gypsum, and water. This process usually takes four to six weeks.
Step 2: Spawning
The next step is spawning, where the mushroom mycelium is sown into the prepared beds. This can be done by dispersing the compost on trays or mixing grain spawn with compost before filling the trays. The trays are then covered with newspaper and sprinkled with water to maintain moisture.
Step 3: Casing
The casing step involves mixing finely crushed rotten cow dung with garden soil. The pH should be on the alkaline side, and the soil must be sterilized to kill harmful insects, nematodes, and pests. This can be done by treating the soil with a Formalin solution or by steaming. The temperature should be maintained at 25°C for 72 hours.
Step 4: Pinning
Mushrooms will start to develop when the CO2 content of the room is less than 0.08%. At this point, stop watering the casing.
Step 5: Harvesting
The mushrooms are then ready to be harvested. The first flush is reaped in 3-5 days, yielding 15-20 kg/m2. The second flush comes in 5-7 days and yields 9-11 kg/m2. The total yield is about 27-35 kg/m2.
Other Methods
Other methods of mushroom cultivation include using supplemented sawdust blocks or logs, which can be particularly effective for growing shiitake mushrooms. Oyster mushrooms can also be grown on straw, as their mycelium can grow fast and make use of straw as a low-nutrient, high-carbon substrate.
Making Mushroom Sauce: A Step-by-Step Guide
You may want to see also
Explore related products
Industry stakeholders
The mushroom cultivation industry involves several stakeholders, including cultivators, suppliers of raw materials, and end-use industries such as supermarkets, hypermarkets, and mushroom product processors. On the demand side, rising demand from end-use industries, increasing consumer awareness of health benefits, and a growing preference for vegan and organic food products are key factors. On the supply side, advancements in technology, such as smart automation and advanced processing techniques, play a significant role.
Cultivators and producers
At the heart of the industry are mushroom cultivators and producers, who are responsible for the actual cultivation and production processes. This involves various phases, including composting, spawning, casing, pinning, and cropping. The high operational costs associated with mushroom cultivation, including the cost of preservation, can be a restraining factor for cultivators. However, advancements in technology, such as smart automation, can help increase efficiency, yields, and cost reduction.
Suppliers of raw materials
Suppliers of raw materials are another important stakeholder group. Mushroom cultivation requires specific materials and substrates, such as straw, sawdust, or other agricultural waste products, which can be sourced from various industries. The availability and cost of these raw materials can impact the industry.
End-use industries
The mushroom industry supplies to various end-use industries, including supermarkets, hypermarkets, and mushroom product processors. These industries play a crucial role in distributing and marketing mushrooms to consumers. The demand from these industries can influence the production and supply chain of the mushroom cultivation industry.
Technology providers
Technology providers are becoming increasingly important stakeholders in the mushroom cultivation industry. The development and implementation of smart automation, advanced processing techniques, and pest management systems are driving factors for the industry. These technologies improve efficiency, increase yields, and enhance the overall production process.
Government and regulatory bodies
Government and regulatory bodies also play a role in the industry, especially in promoting sustainable agriculture, food safety, and quality standards. For example, government initiatives supporting sustainable farming practices and innovations in mushroom processing can impact the industry's growth. Additionally, regulatory frameworks related to food safety and quality can influence the competitiveness of the industry.
Mushrooms: How Long Do They Last?
You may want to see also
Market growth factors
The global mushroom market size was valued at USD 50.3 billion in 2021 and is projected to reach USD 115.8 billion by 2030, growing at a CAGR of 9.7% from 2022 to 2030. The market is expected to be driven by the following factors:
- Rising health consciousness and veganism: The increasing consumer awareness of the nutritional benefits of mushrooms, including their high protein content, low-calorie count, and various vitamins and minerals, is driving demand for mushrooms as a healthy food option. Additionally, the rising vegan population demanding a protein-rich diet around the globe is expected to be a key driver for the market. Mushrooms are considered a superfood and sometimes used as a substitute for meat products.
- Technological advancements in cultivation: Continuous advancements in mushroom cultivation techniques, such as controlled environment cultivation (CEC) methods, innovative farming practices, and smart automation, improve yield, quality, and efficiency, supporting market growth.
- Expansion of distribution channels: The mushroom market benefits from the expansion of distribution channels, including supermarkets, specialty stores, online retail platforms, and food service providers, enhancing accessibility and driving market penetration.
- Product diversification and innovation: There are opportunities for product diversification and innovation in the mushroom market, including the development of value-added mushroom products, such as powders, extracts, supplements, and ready-to-eat meals, catering to evolving consumer preferences and expanding market reach.
- Sustainability initiatives: With increasing focus on sustainability and environmental consciousness, there are opportunities for mushroom producers to adopt sustainable business operations ranging from compost preparation and cultivation to packaging.
- Government initiatives: Government initiatives promoting sustainable agriculture and innovations in mushroom processing enhance certain regions' dominant positions in the global mushroom market share. For example, the JICA-backed project in Himachal Pradesh, India, promotes Shiitake mushroom cultivation.
- International trade and exotic varieties: Growing international trade, coupled with the initiation of exotic varieties cultivation in the major producing countries/regions, is anticipated to fuel market growth in the forthcoming years.
Mushroom Fries: A Tasty, Healthy Snack
You may want to see also
Frequently asked questions
The global mushroom cultivation industry is quite large and growing. The market size was valued at USD 50.3 billion in 2021 and is projected to reach USD 115.8 billion by 2030, growing at a CAGR of 9.7% from 2022 to 2030.
Some key factors driving the growth of the global mushroom cultivation industry include the increasing demand for mushrooms, the rising focus on health and wellness, and the growing preference for organic, vegan, and meat substitute products.
The mushroom cultivation industry faces challenges such as the high cost of preservation and the limited shelf life of mushrooms, which can range from one to three days due to their high water content.
Some key players in the global mushroom cultivation market include Monaghan Mushrooms, Walsh Mushrooms Group, Mycelia, South Mill Mushrooms Sales, Smithy Mushrooms Ltd., and Fujishukin Co. Ltd., among others.
Technology, such as smart automation and advanced pest management systems, is being adopted in the mushroom cultivation industry to improve efficiency, increase yields, and reduce costs. This is expected to provide opportunities for growth and fuel market expansion.
