Asia Pacific Mushroom Cultivation Market

Asia Pacific Mushroom Cultivation Market Size (2024 to 2029)

The Asia Pacific mushroom cultivation market is expected to reach USD 4.19 billion in 2024 and anticipated to reach USD 5.59 billion by 2029, estimated to account for the prominent growth rate among the other regions, projecting a compound annual growth rate of 8.2% during the forecast period of 2024 to 2029. The market value is expected to increase more during the outlook period due to the high production, consumption and exports, increasing of vegan population in this area.

Higher per capita mushroom consumption and adoption of modern mushroom cultivation techniques in Asia Pacific region is one of the major factors driving the growth of the market of Mushroom Cultivation in this locale. Increasing investments by the companies for research and development for implementing new technologies in the field also propels the expansion of the Asia Pacific Mushroom Cultivation market.

Increasing consumption of mushrooms in some countries such as India and Japan, augmenting production, and surge in the vegan population are some of the factors that help the growth of the market for Mushroom Cultivation in Asia Pacific region. One of the major driving factors of Asia Pacific Mushroom Cultivation market is the rising consumption of processed food items, and the increasing consumer awareness regarding the health benefits of the mushrooms in the APAC market.

High prices and low public awareness about the functional mushrooms are some of the restraints effecting the growth of the market of Mushroom Cultivation in Asia Pacific region.

This research report on the APAC mushroom cultivation market is segmented and sub-segmented into the following categories.

APAC Mushroom Cultivation Market Analysis By Type

• Oyster Mushroom
• Button Mushroom
• Shiitake Mushroom
• Other Types

• Nameko
• Maitake
• Enoki
• Mane
• Straw
• Shimji

Among these, the button mushroom segment holds the major share of the market as it was widely consumed mushroom types across the world and also potentially offers many health benefits.

COUNTRY ANALYSIS

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest Of APAC

Asia Pacific Mushroom Cultivation market is expanding due to the increasing consumption of mushrooms in some countries such as India and Japan, rising production and increasing vegan population. Also, higher per capita mushroom consumption and adoption of modern farming techniques propels the growth of the revenue in Asia Pacific region. This area is also expected to hold the dominance of the market over the conjecture period.

KEY PLAYERS IN THE APAC MUSHROOM CULTIVATION MARKET

Monaghan Mushrooms (Ireland), Walsh Mushrooms Group (Ireland), Italspwan (Italy), Mushroom SAS (Italy), Mycelia (Belgium), South Mill Mushrooms Sales (US), Smithy Mushrooms Ltd. (UK), Hirano Mushroom LLC (Kosovo), Rheinische Pilz Zentrale GmbH (Germany), Fujishukin Co. Ltd. (Japan). These are the market players that are dominate the Asia Pacific mushroom cultivation market.