Global mushroom market trend 2021

04-14-2021

  Global Mushroom Cultivation Market is valued 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. Mushrooms are edible fungi that are classified as vegetables. These are rich in selenium, Vitamin D, riboflavin, potassium and other ingredients. Mushroom cultivation is process of growing mushrooms on a large scale for commercial purposes. It consists of six steps which includes , composting, spawning, casing, pinning and cropping. All these steps yield a high-quality mushrooms for consumption. The rising health benefits owing to the consumption of mushrooms drives the market growth. As the consumption of mushrooms supports weight management, health immunity and enhancement of overall health aiding the consumer preference over consumption. Moreover, mushroom consumption can reduce risk of diseases such as prostate cancer and breast cancer. This increase in consumption owing to the health benefits has led to the increase in production and cultivation of mushrooms. 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 to 8.9 million tons. However, lack of a skilled workforce impedes the growth of the market over the forecast period of 2020-2026. Moreover, the trend of addition of mushrooms in various multi-cuisine dishes aids the market growth.