Latin America Mushroom Cultivation Market

Latin America Mushroom Cultivation Market Size (2024 to 2029)

The Latin America mushroom cultivation market size is expected to reach USD 1.45 billion in 2024 and reach USD 1.84 billion by 2029, growing at a CAGR during the forecast period of 2024 to 2029.

The increasing call for natural food products in the diet in the region helps the market to grow further in some emerging economies of Latin America.

The increase in health-conscious population all over the region and the rapid increase in demand for meat substitutes, followed by growing consumer preference towards vegan food, is driving the growth of the market for mushroom cultivation in Latin American nations. Rising consumer awareness regarding the health benefits of mushrooms and rising consumption of processed food items are some other prominent driving factors of the Latin American mushroom cultivation market.

High operational costs associated with the mushroom cultivation is one of the major challenges to the growth of the market of mushroom cultivation in Latin America region.

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

LATAM Mushroom Cultivation Market Analysis By Type

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

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

Among these segments, the button mushrooms accounted for a leading share of the market as they are extensively consumed mushroom types across the world, including Latin America, and also offers several health benefits.

COUNTRY ANALYSIS

• Brazil
• Chile
• Argentina
• Mexico
• Colombia
• Others

The Latin American mushroom Cultivation market is supposed to grow at a steady CAGR in the future, owing to the rising demand for vegan and natural food in the diet in the emerging economies of areas like Mexico, Brazil, Peru, etc. Furthermore, rising consumer awareness regarding the health benefits associated with the consumption of different types of mushrooms also propels the growth of the revenue rate in Latin America region. Latin America region is anticipated to record a noteworthy revenue rate over the outlook period.

KEY PLAYERS IN THE LATAM MUSHROOM CULTIVATION MARKET

Some of the key players in the Mushroom Cultivation market are Mycelia, Monaghan Mushrooms, Rheinische Pilz Zentrale GmbH, Walsh Mushrooms Group, South Mill Mushrooms Sales, Smithy Mushrooms Ltd., Italspwan, Mushroom SAS, Hirano Mushroom LLC, and Fujishukin Co. Ltd.