1 Global Mushroom Cultivation Market Insight Analysis
The global mushroom cultivation market is valued at USD 31,243.9 million in 2024 and is expected to grow at a CAGR of 4.62% from 2024 to 2033.
Mushroom cultivation is a technical process and has different steps such as composting, spawning, casing, pinning, and lastly harvesting. Mushroom cultivation is a technology of growing mushrooms using plant, animal and industrial waste. Mushroom has many beneficial properties that help in maintaining good health like proteins, fibers, vitamins, and antioxidants. It helps in building the immune system and prevents cells from damage.
Figure Global Mushroom Cultivation Market Size (M USD) and CAGR (2024-2033)
2 Mushroom Cultivation Market Growth Drivers and Restraints
Mushrooms are rich in vitamins, minerals, fiber, protein and antioxidants, and have many health benefits such as enhancing immunity, lowering blood pressure and reducing inflammation. For example, mushrooms cultivated under ultraviolet light are a good source of vitamin D, which helps bones and immune system health; the potassium they contain can reduce the negative effects of sodium on the body. As consumers pay more attention to healthy eating, mushrooms, as a nutritious ingredient, are in increasing demand, which has strongly promoted market growth.
Industrial animal husbandry has a negative impact on the environment, sustainable development, human health and animal welfare, prompting people to increase demand for vegetarianism. As a high-quality alternative to plant-based meat, mushrooms can not only meet people’s nutritional needs, but also help reduce the risk of diet-related diseases. They are favored by more and more consumers, providing a broad space for the development of the mushroom cultivation market.
The rise of “Internet +” and e-commerce has opened up new ways for mushroom sales. The multi-dimensional sales model that combines online and offline not only provides consumers with more purchasing options, but also improves transaction efficiency and reduces operating costs with the help of e-commerce platforms. At the same time, the continuous improvement of the logistics network has also better solved the problem of mushroom preservation during transportation, ensuring the feasibility of online sales and promoting market growth.
The mushroom cultivation market has a promising future, attracting many new investors, leading to increasingly fierce market competition. The emergence of new manufacturers and the expansion of the scale of existing enterprises have increased the supply of mushroom products and put downward pressure on prices. If enterprises cannot reduce costs or achieve differentiated competition through technological research and development, large-scale production, etc., their operating performance will be adversely affected.
In the process of mushroom cultivation, bacterial infection and pests and diseases can easily lead to a decrease in production. Factors such as unreasonable production process design, low technical level, poor management and unreasonable design of new factories may cause bacterial infection and pests and diseases, affecting mushroom production and quality. In addition, there are also hidden dangers in the quality of raw materials. If the heavy metal or pesticide residues in the raw materials exceed the standard and are not detected, it will affect the quality of edible fungi and thus affect the benefits of enterprises.
The mushroom factory industry has a high demand for professional modern management talents, industrial and agricultural technical talents and sales talents, and is a talent-intensive industry. With the development of the industry, the demand for talents with advanced scientific research theoretical knowledge and rich practical experience has increased rapidly, but at present, there is a relative shortage of relevant professional talents, especially talents with profound professional knowledge and rich practical experience. This has become an important factor restricting the development of mushroom factorization.
3 Technological Innovations in the Mushroom Cultivation Market
Some enterprises adopt the factory production mode, comprehensively apply bioengineering technology, engineering equipment technology, ecological environment simulation control technology and automation technology, etc., to create a suitable growth environment for mushrooms and realize standardized, large-scale, intelligent and automated production.
Compared with traditional planting methods, this mode has the advantages of stable product quality, low pollution rate, high production efficiency and no restrictions on seasons and time. At the same time, innovative results have been achieved in the technology of strain selection, liquid strain production, culture substrate, factory environment control and strain preservation. Some research units and enterprises have increased their R&D investment to promote the development of breeding technology towards DNA gene recombination technology.
Factory planting strictly controls parameters such as temperature, light, moisture and air in the production environment. The process and environmental parameters of each production link are personalized according to different cultivars, and gradually mature after long-term exploration and accumulation. This not only improves production efficiency and product quality, but also reduces dependence on land. The intensive and three-dimensional planting mode is adopted to reduce resource consumption, which is in line with the concept of sustainable development and lays a solid foundation for the long-term development of the mushroom planting industry.
Enterprises achieve optimal allocation of resources and integration and upgrading of industries through mergers and acquisitions. For example, South Mill Champs acquired The Mushroom Company, a large mushroom processor in North America with rich product processing capabilities and a good market reputation. The acquisition enables South Mill Champs to expand its processing business, increase product added value, enhance competitiveness in the North American market, and better meet the needs of the food service and industrial markets.
Kartesia’s investment in Okechamp Group has injected 78 million euros into the group to strengthen its balance sheet, promote organic growth and external expansion, and accelerate international development. As a leading high-quality mushroom processing company in Europe, Okechamp Group can further expand its production scale, expand its market share, and enhance its influence in the international market through this investment. Mergers and acquisitions of enterprises help integrate the advantageous resources of all parties, achieve synergy, promote industrial upgrading and structural optimization of the mushroom cultivation market, improve the competitiveness of the entire industry, and inject new impetus into the sustainable development of the market.
4 Global Mushroom Cultivation Market Size by Type
Button mushrooms, also known as Agaricus bisporus, are the most widely cultivated and consumed mushrooms globally. In 2024, the market revenue for button mushrooms is projected to reach $4,907.4 million USD. This type accounts for approximately 15.71% of the total market share. Button mushrooms are popular due to their mild flavor and versatility in various culinary applications, ranging from salads to pizzas. Their widespread availability and relatively low cost contribute to their significant market presence.
Oyster mushrooms are another major type, known for their unique flavor and nutritional benefits. The market revenue for oyster mushrooms in 2024 is estimated to be $9,783.8 million USD, representing 31.31% of the total market share. Oyster mushrooms are highly valued for their health benefits, including high protein content and immune-boosting properties. Their popularity in both fresh and processed forms drives their substantial market share, making them a key player in the global mushroom cultivation industry.
Shiitake mushrooms are native to East Asia but have gained global popularity due to their rich flavor and health benefits. In 2024, the market revenue for shiitake mushrooms is expected to reach $12,232.5 million USD, accounting for 39.15% of the total market share. Shiitake mushrooms are often used in gourmet cooking and traditional medicine, contributing to their high market value. Their ability to grow in controlled environments and their long shelf life further enhance their market appeal.
Table Global Mushroom Cultivation Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Button Mushroom | 4907.4 | 15.71% |
Oyster Mushroom | 9783.8 | 31.31% |
Shiitake Mushroom | 12232.5 | 39.15% |
Others | 4320.3 | 13.83% |
5 Global Mushroom Cultivation Market Size by Application
In 2024, the global mushroom cultivation market size varies across different applications, the offline application remains dominant. The offline market is estimated to have a revenue of approximately $29206.6 million in 2024. It holds a significant market share, around 93.48% in terms of sales. This is mainly because traditional brick – and – mortar stores and direct – sales channels are still the primary means for consumers to purchase mushrooms in many regions. Consumers can directly inspect the quality of mushrooms in physical stores, which is reassuring for them. For example, in local farmers’ markets and grocery stores, consumers can choose fresh mushrooms according to their preferences.
On the other hand, the online application has been growing steadily. In 2024, the online market is projected to generate a revenue of about $2,037.3 million. Although its market share in sales is relatively smaller, around 6.52% in 2024, it shows great potential. The growth of e – commerce and the convenience of online shopping have contributed to this trend. Consumers can easily compare prices and product varieties on online platforms, and with the improvement of logistics, the freshness of mushrooms can be guaranteed during delivery. Some consumers prefer to buy mushrooms online due to the wider selection and the convenience of doorstep delivery.
Table Global Mushroom Cultivation Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
|---|---|---|
Offline | 29206.6 | 93.48% |
Online | 2037.3 | 6.52% |
6 Global Mushroom Cultivation Market Size by Region
The North American market is expected to generate a revenue of around $1,494.4 million in 2024. The United States is the largest market in this region, with a well – developed mushroom cultivation industry. The market in North America benefits from high consumer demand for mushrooms, driven by the increasing awareness of health – conscious eating. The region has advanced cultivation technologies and a large – scale production system, which ensures a stable supply of mushrooms. For example, Monterey Mushrooms, based in North America, has a significant market share and continuously innovates its product lines, such as expanding its mushroom powder line to meet the growing demand for nutraceutical products.
The European market is estimated to reach a revenue of about $2,890.9 million in 2024. European consumers have a long – standing preference for mushrooms, and the region has a diverse range of mushroom – based cuisines. Countries like Germany, the UK, and France have a large market for mushrooms. The industry in Europe is characterized by a combination of large – scale commercial producers and small – scale family – run farms. Moreover, European companies are actively involved in research and development to improve cultivation techniques and product quality. For instance, some European companies are focusing on developing new strains of mushrooms with better taste and nutritional value.
Asia Pacific is the largest market for mushroom cultivation, and in 2024, it is projected to have a revenue of approximately $26,302.7 million. China is the dominant player in this region, with a huge production volume and a large domestic market. The growth in Asia Pacific is mainly driven by the increasing population, rising disposable income, and changing dietary habits. Consumers in countries like China, Japan, and South Korea have a high demand for fresh and processed mushrooms. In addition, the region has a favorable climate for mushroom cultivation in many areas, which supports the development of the industry.
The South American market is expected to have a revenue of around $149.2 million in 2024. Brazil and Argentina are the major markets in this region. The market in South America is growing steadily, but at a relatively slower pace compared to some other regions. The development is limited by factors such as relatively underdeveloped cultivation technologies and a smaller consumer market compared to larger regions. However, with the increasing awareness of the nutritional value of mushrooms and the growth of the food processing industry, there is potential for further expansion.
In 2024, the Middle East & Africa market is estimated to generate a revenue of about $406.6 million. The market in this region is gradually growing, with countries like Turkey and the GCC countries showing an increasing demand for mushrooms. The growth is mainly driven by the expansion of the food service industry and the growing interest in healthy food options. However, challenges such as a lack of advanced cultivation technologies and high import costs still exist, which need to be addressed for further market growth.
Figure Global Mushroom Cultivation Market Size (M USD) by Region in 2024
7 Global Mushroom Cultivation Market Analysis by Major Players
7.1 Xuerong Biotechnology
Company Introduction and Business Overview:
Xuerong Biotechnology is a leading global producer of mushrooms, established in 1995 with manufacturing bases primarily in China and Thailand. The company is renowned for its high-quality plateau mushrooms, which are pesticide-free, additive-free, and rich in nutrients. Xuerong Biotechnology has a global market distribution, catering to customers worldwide.
Xuerong Biotechnology specializes in the cultivation and distribution of a wide range of mushrooms, including button mushrooms, oyster mushrooms, and shiitake mushrooms. The company leverages advanced cultivation techniques and sustainable practices to ensure the highest quality products. In addition to fresh mushrooms, Xuerong also focuses on value-added products such as mushroom-based health supplements and functional foods.
Products:
Xuerong Biotechnology offers a variety of mushroom products, including fresh mushrooms, dried mushrooms, and mushroom-based health supplements. Their flagship product, the Xuerong Plateau Mushroom, is known for its thick and tender texture, rich aroma, and high nutritional value.
Market Performance in 2022:
In 2022, Xuerong Biotechnology achieved a revenue of $332.4 million USD with a gross margin of 21.77%.
7.2 Yukiguni Maitake
Company Introduction and Business Overview:
Yukiguni Maitake, established in 1983, is a prominent Japanese company specializing in the cultivation and distribution of high-quality mushrooms. The company is known for its innovative cultivation techniques and commitment to sustainability. Yukiguni Maitake has a global market distribution, with a strong presence in Asia, Europe, and North America.
Yukiguni Maitake focuses on producing a variety of mushrooms, including shimeji and maitake mushrooms. The company uses advanced cultivation methods to ensure consistent quality and high yield. In addition to fresh mushrooms, Yukiguni Maitake also offers processed and value-added mushroom products, catering to both retail and foodservice markets.
Products:
Yukiguni Maitake offers a diverse range of mushroom products, including fresh shimeji mushrooms, maitake mushrooms, and processed mushroom products such as dried mushrooms and mushroom-based snacks. Their products are known for their rich flavor and high nutritional value.
Market Performance in 2022:
In 2022, Yukiguni Maitake achieved a revenue of $331.9 million USD with a gross margin of 22.95%.
7.3 Monterey Mushrooms
Company Introduction and Business Overview:
Monterey Mushrooms, established in 1971, is a leading North American producer of mushrooms. The company is known for its high-quality white mushrooms and innovative cultivation techniques. Monterey Mushrooms has a strong market presence in North America and is expanding its reach globally.
Monterey Mushrooms specializes in the cultivation and distribution of a variety of mushrooms, including white mushrooms, brown mushrooms, and exotic mushrooms. The company uses advanced cultivation techniques and sustainable practices to ensure high-quality products. In addition to fresh mushrooms, Monterey Mushrooms also offers value-added products such as mushroom powders and processed mushrooms.
Products:
Monterey Mushrooms offers a wide range of mushroom products, including fresh white mushrooms, brown mushrooms, and exotic mushrooms. Their flagship product, the Monterey White Mushroom, is known for its mild flavor and versatility in culinary applications. The company also offers value-added products such as mushroom powders and processed mushrooms.
Market Performance in 2022:
In 2022, Monterey Mushrooms achieved a revenue of $313.2 million USD with a gross margin of 23.95%.