What is the Historical Analysis of the Oyster Mushroom Cultivation Market Size?
The oyster mushroom cultivation market has seen considerable growth due to a variety of factors.
• The market size for oyster mushroom farming has seen robust growth in the past few years. The market is predicted to increase from $2.92 billion in 2024 to $3.07 billion in 2025, displaying a compound annual growth rate (CAGR) of 5.3%.
Factors that have contributed to progress in the historical period include the popularity of these mushrooms in culinary circles, cultural and culinary traditions, the growth of vegetarian and vegan lifestyles, the simplicity of their cultivation, their brief cultivation cycle, and increased market interest in exotic mushrooms.
What Is The Expected Growth In The Oyster Mushroom Cultivation Market Size?
The oyster mushroom cultivation market is expected to maintain its strong growth trajectory in upcoming years.
• The market for cultivating oyster mushrooms is anticipated to witness robust expansion in the upcoming years, ballooning to a substantial $4.13 billion in 2029, propelled by a compound annual growth rate (CAGR) of 7.7%.
The surge in this projected period can be associated with factors such as the diversification of cuisine, heightened awareness towards eco-friendly protein sources, rise in global population, growth in food-related tourism, and the opening of new international trade channels. The upcoming trends to watch out for in this estimation period include the cultivation of mushrooms at home, the introduction of new oyster mushroom variants, adoption of hydroponic and vertical farming methods, breakthroughs in food processing techniques, and partnerships in the field of agricultural study.
What Key Factors and Trends are Driving the Growth of the Oyster Mushroom Cultivation Market?
The advancement of the oyster mushroom cultivation market is anticipated to be fueled by a rise in mushroom production and cultivation. The process of mushroom cultivation involves the utilization of flora, fauna, and industrial waste to grow various mushroom types, including oyster mushrooms. For instance, in August 2022, reports from the National Agricultural Statistics Service, an agency of the US government, revealed a 1 percent increase in the production of Agaricus mushrooms by cultivators in Chester County, Pennsylvania, reaching a significant 321 million pounds during the 2021–2022 growth period. The value of the output also increased by 3 percent, amounting to $329 million, comparatively higher than the previous season. As such, the upsurge in mushroom production and cultivation is instrumental in driving the growth of the oyster mushroom cultivation market.
What Are The Primary Segments In The Global 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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Which Key Trends Are Driving Changes In The Oyster Mushroom Cultivation Market Size?
The emergence of advanced farming methods is a leading trend becoming increasingly prevalent in the oyster mushroom cultivation market. Several key players in the sector are centred around innovating novel techniques to maintain their market standing. For example, Nuvedo, a mushroom cultivation firm based in India, introduced mushroom growing kits that utilize advancement in cultivation technology in May 2022. This mushroom kit provides a simple, adaptable, user-oriented, hands-on approach that enables beginners to cultivate fresh, organic mushrooms in their own homes.
Who Are the Key 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 Is The Most Dominant Region In The Oyster Mushroom Cultivation Market?
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.
