Global Mushrooms Cultivation Market

Mushrooms are edible fungi that are classified as vegetables. These are rich in selenium, Vitamin D, riboflavin, potassium, and other ingredients. Mushroom cultivation is the process of growing mushrooms on a large scale for commercial purposes. It consists of six steps which include, composting, spawning, casing, pinning, and cropping. All these steps yield high-quality mushrooms for consumption. The rising health benefits owing to the consumption drive the market growth. As the consumption of mushrooms supports weight management, healthy immunity, and enhancement of overall health aiding the consumer preference overconsumption. Moreover, it can reduce the risk of diseases such as prostate cancer and breast cancer. This increase in consumption owing to the health benefits has led to an increase in production and cultivation. As per Food Association Organization, the global area harvested for Mushrooms and Truffles increased from 39 thousand hectares in 2016 to 48 thousand hectares in 2017 and further to 67 thousand in 2018. With the production in 2018 accounting for 8.9 million tons. However, the lack of a skilled workforce impedes the growth of the market over the forecast period of 2020-2026. Moreover, the trend of the addition of mushrooms in various multi-cuisine dishes aids the market growth.

Global Mushrooms Cultivation Market is valued at approximately USD 16.12 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.0 % over the forecast period 2019-2026 and is estimated to reach USD 21.21 billion by 2026.

The regional analysis of the global market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the largest production in the region. Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2026. Factors such as low labor costs, rising consumption in the region would create lucrative growth prospects for the Mushroom Cultivation market across the Asia-Pacific region.

Major market players included in this report are Monaghan Mushrooms (Ireland), Walsh Mushrooms Group (Ireland), Mycelia (Belgium), South Mill Mushrooms Sales (US), Smithy Mushrooms Ltd. (UK), Rheinische Pilz Zentrale GmbH (Germany), Italspwan (Italy), Mushroom SAS (Italy), Hirano Mushroom LLC (Kosovo), and Fujishukin Co. Ltd. (Japan)

The detailed segments and sub-segment of the market are explained below:
By Type: Button, Oyster, Shiitake, Other types

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Bizwit Research & Consulting LLP