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Increasing demand for edible mushrooms due to various health benefits is a key factor driving revenue growth in the global mushroom cultivation market
VANCOUVER, BC, CANADA, April 13, 2022 /EINPresswire.com/ -- The global mushroom cultivation market size is expected to reach USD 22.78 Billion in 2028, according to latest analysis by Emergen Research. Steady increase in demand for mushrooms is a key factor driving growth of the global mushroom cultivation market. According to various research, edible mushroom have medicinal properties and act as an antioxidant, anticancer, antiallergic, cardiovascular protector, and others.
Mushroom farming has become a profitable income source for small farmers in recent years. The production technique is entirely different from other vegetables as mushrooms can be grown on plants, sawdust, wood, husk, straw, and hay, etc. The cultivation process requires very little space and does not need fertile soil. These advantages driving mushroom production and cultivation as a primary business for marginal or landless producers. Many farmers are generating additional income through mushroom production during lean seasons.
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Some major companies in the market report include Monaghan Mushrooms, Walsh Mushrooms Group, Mycelia, South Mill Mushrooms Sales, Smithy Mushrooms Ltd., Rheinische Pilz Zentrale GmbH, Italspwan, Mushroom SAS, Fujishukin Co., and Societa Agricola Porretta.
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Emergen Research has segmented the global mushroom cultivation market based on type, phase, form, marketing channel, and region as follows:
Type Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
Phase Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
Form Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
Marketing Channels Outlook (Revenue, USD Billion; Volume: Million Tons; 2018–2028)
In January 2019, South Mill Mushrooms and Champ's Mushrooms combined forces to create the leading mushroom producer and supplier in North America. This agreement helped South Mill Mushrooms meet rising demand in all mushroom marketplace segments throughout the United States and Canada.
Button mushroom segment is expected to register a relatively higher revenue CAGR throughout the forecast period. This can be attributed to increasing demand for button mushrooms due to nutritional properties and easy availability.
Asia-Pacific accounted for the major share in the global mushroom cultivation market. This can be attributed to increasing consumptionof mushrooms and adoption of more modern mushroom cultivation processes in countries in the region.
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The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
Key Questions Answered in the Report:
What will be the estimated growth rate of the Mushroom Cultivation market by 2028?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Mushroom Cultivation market throughout the forecast period?
What are the current and future market trends of the Mushroom Cultivation market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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