Mushroom Substrate Market

Global Mushroom Substrate Market Size (2024 to 2032)

The global mushroom substrate market size was valued at USD 2.64 billion in 2023, and the global market size is expected to reach USD 4.23 billion by 2032 from USD 2.78 billion in 2024. The market’s promising CAGR for the predicted period is 5.4%.

MARKET OVERVIEW

Mushroom substrates are the mediums that provide moisture, nutrition, and energy for the Mushroom to grow into complete vegetables. In addition, the substrate supports the mushroom hyphae, the first growth stage to blossom with a head fully. The substrates come in different compositions for growing a wide variety of mushrooms. Farmers use these substrates on a regular basis to ensure a good harvest of mushrooms and promise the consumers a clean and healthy production. An actively growing mushroom culture is called a mycelium, which needs an abundance of nutrition and energy to form a firm body provided by the substrate. The mushroom substrate has been around since the 1980s, and Spain is the highest producer of this commodity. These substrates are commonly made of rice and wheat straw, cotton seed hulls, sawdust [SD], etc. In addition, these substrates are used for the ex-situ cultivation of mushrooms.

MARKET DRIVERS

Mushrooms are considered a superfood with multiple health benefits, and therefore there is an increased production of mushrooms worldwide, leading to more demand for the mushroom substrate market. These substrates are highly beneficial to the mushrooms and can help produce mushrooms more easily. The different types of substrates used for various mushrooms also drive market growth due to variety and more options. For example, some substrates used are straw for mushrooms like oysters, grey oysters, pink oysters, Garden giant, Enokitake, etc., sawdust for King oyster, Lion's mane, Shiitake, etc., Coffe grounds for Shiitake, reishi, etc. and cardboard and logs for several more types. Therefore, the wide variety of options drives the mushroom substrate market size. Additionally, all these different types of substrates have different advantages. For example, some are cost-effective, some are readily available, some give a long-term harvesting advantage, and some are environmentally friendly, lightweight, and recyclable, leading to more demand for the market.

The preparation of mushroom substrates is also a straightforward process and takes significantly less effort leading to demand for the market. The substrates only need to be pasteurized or sterilized before use to rid them of other bacterial colonies that might compete with the fungi for nutrition. After the sterilization, the substrate is fortified with nutrients for the mushrooms ensuring stable growth. Additionally, mushroom substrates are reusable, can provide nutrition, and can be used as manure for vegetation when it runs out of use. The production of mushrooms always leaves behind a large amount of substrate known as the spent mushroom substrate, which comes in different varieties and is used for multiple purposes. This substrate residual can be used instead of pesticides to protect and nourish the soil. It can also be used as biogas, a plant hormone, animal fodder, and a renewable energy resource. Therefore, the several advantages of the spent mushroom substrate are expected to help the mushroom substrate market demand.

The growing demand for mushrooms is due to the several health benefits associated with the food, like containing high antioxidants and proteins. Therefore, the rising number of farmers cultivating mushrooms leads to mushroom substrate market size expansion. Additionally, the nutrients present in the substrates make the mushrooms healthier; the common nutrients found in the substrate that help enrich the mushrooms are calcium, nitrogen, potassium, phosphorous, manganese, magnesium, iron, etc., leading to fortified produce.

MARKET RESTRAINTS

Choosing the correct type of substrate is essential based on the type of Mushroom you are trying to grow, as choosing the wrong substrate may lead to no or no standard produce. Knowing what nutrients your compost is made of is suitable for production as it could lead to inorganic produce filled with pesticides, meaning the producer could cheat the consumer by selling it as organic produce. Furthermore, some plants, like cucumber, celery, blueberries, etc., do not like mushroom substrates, and adding too many substrates into such crops can lead to plant death. Therefore, the several precautions that need to be taken while growing mushrooms using the substrates lead to a drawback for the market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Mushroom Substrate Market By Source

The Organic segment is expected to dominate the mushroom substrate market due to the high demand for naturally grown products among populations. In addition, the rising health benefits of non-GMO, pesticide-free, organic products over conventional goods support the market's growth. Furthermore, with the increasing trend for clean-label products and consumers becoming more aware of their choices, the organic segment is expected to remain dominant during the forecast period.

The conventional segment is also expected to have a sizable growth during the forecast period due to the rising shipment of mushrooms and substrates across the globe and the need for better and enhanced substrates with higher shelf lives.

Global Mushroom Substrate Market By Type

The Straw segment is expected to dominate the market during the forecast period due to the inexpensiveness of the type and its easy availability at any animal stores. Additionally, straws can be used to cultivate mushrooms like Oyster mushrooms, Garden giant, Enokitake, Certain Agaricus species, etc. They are also easy to prepare, making staws the most popular substrates.

The logs and Saw dust segments are also expected to have sizable mushroom substrate revenue during the forecast period due to their lightweight nature and the ability to support a wide range of mushrooms.

Global Mushroom Substrate Market By Distribution Channel

The offline segment is expected to dominate the mushroom substrate market during the forecast period due to the demand for organic and fresh substrates bought directly from farms and stores instead of shipped.

The Online segment is also expected to have a moderate growth rate due to the rising internet penetration and digitalization worldwide, the convenience of at-home delivery services, and the option to correctly choose the type of substrate needed even from far way regions.

REGIONAL ANALYSIS

The Asia-Pacific region is expected to dominate the mushroom substrate market during the forecast period due to the highest production of mushrooms n this region leading to a need for substrates. Countries like China, Japan, India, etc., are one of the largest cultivators of mushrooms, and therefore there is a rising need for substrates in the region. Additionally, the growing production of mushrooms, especially after the pandemic in the regions, as it is easy to cultivate, led to market demand in the region. Additionally, Asia is a hub for agricultural processes and the cultivation of various foods, especially in countries like India. Therefore, it needs the production of organic manure and pesticides for sound production, supporting the demand for the market.

The Europe and North American regions are also expected to grow significantly in the mushroom substrate market due to the growing demand for healthier foods and rising production rates. The presence of key market players in the European region supports the market's growth; for example, companies like Agaris, Walsh mushrooms, Monaghan, and Coenegrachts Substraat, are all present in European countries, The UK, Ireland, Belgium, etc. The presence of the mushroom market in European countries like France, Netherlands, Russia, etc., also supports the market growth in the region. Additionally, the high production of mushrooms in North American countries like the US, and Canada, as they are among the top 10 producers of mushrooms, support the market growth in the region.

The market In Latin America and MEA s also expected to grow due to the increasing awareness regarding superfoods in the regions. In addition, the market in Latin America is rising due to the high substrate production in countries like Spain.

KEY MARKET PLAYERS

The major key players in the global mushroom substrate market are JSC Ramundas, Anyang Gemco Energy Machinery Co., Ltd, North Spore, Weimar Enterprise Sdn Bhd., Baltic Wood Service, SETAV LTD, Ontario Sawdust Supplies Ltd, Millwood Holdings Limited., Artesia Sawdust, Freres Lumber Co., Inc, The Frantz Company, and others.

RECENT HAPPENINGS IN THE MARKET

• In February 2023, The department of computer science is rapidly evolving as it is predicted that in the future, there will be chemical, biological, and liquid matter used inside computers to evolve from binary systems and develop something called quantum computers. Scientists in research labs are now using mycelium cultures inside computer systems to understand how mushrooms communicate in nature and among themselves to understand ground ecosystems better. The Mushroom substrates like wood shavings and hemp are used to develop the mycelium and place it in the systems to grow.
• In February 2023, The large mushroom brand Adapt brought urban mushroom farms to the US. In addition, the company is partnering with Reef Technologies to bring its Mushroom growing shipping containers to the US. The company uses its centralized lab in Ontario to colonize all substrates and then sends them to shipping, where the Mushroom rapidly grows and remains fresh while reaching the consumer.
• In February 2023, Mushroom collective, the rapidly growing mushroom company that uses reusable and environment-friendly substrates like cardboard and coffee grounds to grow the mushrooms for a sustainable and cheap alternative, received a grant for sustainable production from the embassy of china by partnering with IICA.

DETAILED SEGMENTATION OF THE GLOBAL MUSHROOM SUBSTRATE MARKET INCLUDED IN THIS REPORT

This research report on the global mushroom substrate market has been segmented and sub-segmented based on source, type, distribution channel, and region.

By Source

• Conventional
•  Organic

By Type

• Logs
• Straw
• Saw Dust
• Manure

By Distribution Channel

• Online
• Offline

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• MEA