Oyster Mushroom Farming Market

Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033

Oyster Mushroom Farming Market by Type (Fresh, and Frozen), by Application (Commercial and Household), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa (MEA)) – Global Share and Forecast to 2033

Region: Global | Format: Word, PPT, Excel | Report Status: Published

According to the Market Statsville Group (MSG), the Global Oyster Mushroom Farming Market size is expected to grow at a CAGR of 8.3% from 2023 to 2033.

Oyster mushroom farming is a pleurotus cultivation for consumption and commercial purposes. Oyster mushrooms are popular due to their delicate flavor, nutritional value, and ease of cultivation. The process of oyster mushroom farming begins with the preparation of a growth substrate, which can include materials like straw, sawdust, or agricultural byproducts. This substrate is disinfectant to remove contaminants before introducing it with mushroom spores or mycelium. Oyster mushrooms can grow on a wide range of substrates, making them suitable for various farming methods. Proper environmental conditions, such as temperature and humidity, are maintained for the growth of oyster mushrooms. The short growth cycle and high yield potential, sustainable and eco-friendly nature, coupled with the growing demand for gourmet mushrooms, have increased the popularity of oyster mushroom cultivation in the agriculture industry.

The demand for oyster mushroom farming is increasing, due to the evolving preferences and needs of consumers, as well as the growing agriculture and sustainability sector. The growing trend of healthy, organic, and locally sourced foods full of nutritious, low-calorie options drives the market’s demand. The rising awareness of sustainability and eco-friendly agriculture, as it utilizes agricultural byproducts and waste materials as substrates, minimizing the overall carbon footprint, thereby fueling the market’s growth. Further, oyster mushrooms have applications in various cuisines and complement a wide range of dishes in both home kitchens and restaurants, further contributing to market growth.

The availability of various substitutes in the market such as shiitake, button mushrooms, and exotic varieties of mushrooms restrain the demand for oyster mushroom farming market. Oyster mushrooms are sensitive to environmental conditions, and their growth can be impacted by seasonal changes, which may hinder market demand due to limited production and supply. Quality control issues and the limited shelf life of oyster mushrooms, restraining the market demand in some regions. However, the growing popularity of oyster mushrooms in emerging economies creates a lucrative growth opportunity for the market. The growing consumer awareness and healthy diet preference boost the demand for oyster mushrooms in both household and commercial spaces.

Oyster Mushroom Farming Market Segmental Analysis, 2023-2033

Based on type, the market is divided into fresh and frozen. The frozen segment dominated the market share in 2023. The growing demand for convenience and extended shelf life of mushrooms is gaining a positive outlook for the market. the rising e-commerce and consumer's preference for ready-to-cook food is another factor contributing to the market’s demand. Further, frozen oyster mushrooms can be supplied to any part of the world with proper measurements of transport and logistics driving the demand for frozen oyster mushrooms segment.  The surging trend of cooking or trying different cuisines and rising online food shows increasing the demand for oyster mushrooms to create innovative recipes, significantly fostering the market’s growth.

Based on the regions, the global oyster mushroom farming market has been segmented across Europe, North America, Asia-Pacific, South America, the Middle East & Africa. Asia Pacific accounted for the largest market share in 2023. Oyster mushrooms have a great history of consumption in Asian cuisines, and they are highly preferable among various cuisines. With a large and rapidly urbanized population, the oyster mushroom farming market witnessed significant growth in Asia Pacific to cater to the growing demand for convenient and nutritious food options. Many countries within the Asia Pacific region have strong export markets for oyster mushrooms, via favorable trade agreements and logistical advantages, thereby boosting the market’s growth in the region.

Oyster Mushroom Farming Market Key Players, 2023

The Major key players in the global oyster mushroom farming market are:

Recent Developments:

  • In February 2023, Windmill Farms acquired Ostrom Mushroom Farms LLC, one of the leading controlled environment mushroom growing facilities in Washington. This acquisition expands the Windmill Farms’ reach into the Pacific Northwest, offering high-quality mushrooms year-round to customers from coast to coast.
  • In January 2023, South Mill Champs announced the opening of its new state-of-the-art farm in Oxford. The upcoming establishment is set to become one of the largest single-site mushroom farms in North America, thereby expanding the company’s product offering and market reach in the North American region.
  • In January 2021, South Mill Champs, one of the largest high-quality mushroom growers in North America, acquired The Mushroom Company. The acquisition leads to a strong consumer base and combines the resources to grab the growing market opportunities in the oyster mushroom farming market.

Report Scope of the Global Oyster Mushroom Farming Market

This market research study categorizes the oyster mushroom farming market-based on type, and application area at the regional and global levels.

By Type Outlook (Sales, USD Million, 2019-2033)

  • Fresh
  • Frozen

By Application Outlook (Sales, USD Million, 2019-2033)

  • Commercial
  • Household

By Region Outlook (Sales, USD Million, 2019-2033)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Rest of MEA
       

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  • PUBLISHED ON: MARCH, 2024
  • BASE YEAR: 2023
  • FORECAST PERIOD: 2024-2033
  • STUDY PERIOD: 2019 - 2033
  • COMPANIES COVERED: 15
  • COUNTRIES COVERED: 24
  • NO OF PAGES: 245

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