The Business Research Company’s report on the Oyster Mushroom Cultivation Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the oyster mushroom cultivation industry?
An increase in the production and cultivation of mushrooms is expected to propel the growth of the oyster mushroom cultivation market going forward. Mushroom cultivation refers to the technology of growing mushrooms using plants, animals, and industrial waste. The increase in the production and cultivation of mushrooms helps to develop various varieties of mushrooms, including oyster mushrooms as well. For instance, in August 2022, according to the National Agricultural Statistics Service, a US-based government agency company, mushroom cultivators specializing in Agaricus mushrooms in Chester County, Pennsylvania, experienced a 1 percent growth in production, reaching 321 million pounds during the 2021–2022 growing season, with the value of this output rising by 3 percent to $329 million compared to the preceding season. Therefore, the increase in the production and cultivation of mushrooms is driving the growth of the oyster mushroom cultivation market.
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What is the estimated market size of the oyster mushroom cultivation sector by 2029, based on current forecasts?
The oyster mushroom cultivation market size has grown strongly in recent years. It will grow from $2.92 billion in 2024 to $3.07 billion in 2025 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to culinary popularity, cultural and culinary traditions, vegetarian and vegan diets, ease of cultivation, short cultivation cycle, market demand for exotic mushrooms.
The oyster mushroom cultivation market size is expected to see strong growth in the next few years. It will grow to $4.13 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing culinary diversity, rising awareness of sustainable protein sources, global population growth, expansion in culinary tourism, international trade opportunities. Major trends in the forecast period include home-based mushroom cultivation, novel oyster mushroom varieties, hydroponic and vertical farming techniques, innovations in food processing, collaborations in agricultural research.
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Who are the top players in the oyster mushroom cultivation market?
Major companies operating in the oyster mushroom cultivation market include Walsh Mushrooms Group, Shanghai Xuerong Bio-Technology Co Ltd, Chengde Runlong Food Co LTD., Monaghan Group, Mountain Meadow Mushrooms, Mycelium Organic Farms Pvt Ltd, Hirano Mushroom LLC, Fungi Ally, Phillips Mushroom Farms, Cascadia Mushrooms, Mushroom Mountain, Smithy Mushrooms Ltd., Hunan Chunhua Biotech Co Ltd., Oyster Creek Mushroom Company, Valley Mushrooms, North Spore, Gourmet Mushrooms Inc., Luoyang Fudamei Agricultural Production Co Ltd, Italspwan di Valentino e Massimo Sartor S.S., Fujishukin Co Ltd., Greensfarm Sp. z o.o., Kalina Boczniaki, Pol Grzyb Wojciech Wizinski, Societa’ Agricola Porretta – Le Ghiottone, Eden Specialty Crops, Windy Hill Mushrooms, Mother Earth Mushrooms, Black Pearl Mushrooms, New Earth Organic Farm, Central Valley Mushroom Farm, Prairie Fungi
What are the major trends in the oyster mushroom cultivation market?
New cultivation techniques have emerged as a key trend gaining popularity in the oyster mushroom cultivation market. Major companies operating in the oyster mushroom cultivation sector are focused on developing new techniques to sustain their position in the market. For instance, in May 2022, Nuvedo, an India-based mushroom production company, launched mushroom growing kits based on cultivation technology. This mushroom kit gives a practical, low-tech, user-friendly, hands-on way for beginners to get fresh, organic mushrooms at home.
Which geography holds the highest oyster mushroom cultivation market share?
Asia-Pacific was the largest region in the oyster mushroom cultivation market in 2024. The regions covered in the oyster mushroom cultivation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the oyster mushroom cultivation market?
The oyster mushroom cultivation market covered in this report is segmented –
1) By Form: Fresh Mushroom, Frozen Mushroom, Dried Mushroom, Canned Mushroom
2) By Phase: Phase I – Composting, Phase Ii – Spawning, Phase Iii – Casing, Phase Iv – Pinning, Phase V – Harvesting
3) By Application: Food Processing Industry, Retail Outlets, Food Services, Other Applications
Subsegments:
1) By Fresh Mushroom: Whole Fresh Mushroom, Sliced Fresh Mushroom
2) By Frozen Mushroom: Whole Frozen Mushroom, Sliced Frozen Mushroom
3) By Dried Mushroom: Whole Dried Mushroom, Sliced Dried Mushroom
4) By Canned Mushroom: Whole Canned Mushroom, Sliced Canned Mushroom
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How is the oyster mushroom cultivation market defined?
Oyster mushroom cultivation refers to the process of growing mushrooms organically on dead, decaying wood logs and occasionally on dying deciduous or coniferous wood trunks in temperate and tropical forests. Oyster mushroom can grow for 6 to 8 months of the year at a moderate temperature of 20 to 300 C and a humidity of 57% to 70%.
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