Increasing worldwide consumption benefits the Mushroom Cultivation Market
Market overview:
The Global Mushroom Cultivation Market was assessed to be 16.7 billion US dollars in 2020, and it is estimated that it will reach a valuation of 20.4 billion US dollars by 2025 at a CAGR of 4% during the outlook period of 2020 to 2025.

In general, the Mushroom Cultivation is a technical process that comprises differsnt stages like composting, spawning, harvesting, etc. It became easy with increase in technology which can be done in farms, oriental garden and other agricultural fields.

Market Drivers and Restrains:
Increasing consumer demand for vegan, gluten free and natural food as well as food safety certification supported by frequent laboratory tests are some of the factors driving the growth of the global Mushroom Cultivation market. Increasing per capita consumption across the globe also fueling the growth of the market. However, spawn production in developing countries is the major restraint hindering the growth of the market for Mushroom Cultivation in terms of revenue rate.

Recent Developments:
In August 2019, Walsh Mushrooms group expanded their mushrooms supply to a supermarket company ALDI.
In October 2018, Walsh mushrooms group launched vitamin D mushroom which was 279,492 US dollars investment for a two-year project granted by Novel Food Status.

In September 2018, South mill mushrooms sales company acquired Champ’s Fresh Farm Inc to become one of the largest mushroom growers in North America.

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Report is segmented as:
The global Mushroom Cultivation market is segmented by type, phase and distribution channel.

By type, the market is segmented into button mushroom, oyster mushroom, shiitake mushroom, portobello mushroom and other types.

By phase, the market is segmented into composting, spawning, casing, pinning, harvesting.

By distribution channel, the market is segmented into two types offline and online.

Geographical Segmentation:
Asia Pacific region holds the major share of the market for Mushroom Cultivation owing to the higher per capita mushroom consumption and adoption of modern mushroom cultivation techniques in the area. This region is also expected to hold the dominance of the market during the outlook period. North America holds the second largest share of the Mushroom Cultivation market due to the rising demand among consumers of this locale.

Impact of COVID-19 on Mushroom Cultivation Market
Due to coronavirus pandemic, all the industries are facing a lot of financial crisis due to the halt of their businesses because of the lockdown imposed by the government authorities. Also, the companies related to Mushroom Cultivation are facing financial crisis due to the COVID-19 pandemic. As per the analysis, the Mushroom Cultivation market is expected to bounce back in the upcoming two to three years.

Key market players:
Major players of Mushroom Cultivation market are Mycelia (Belgium), South Mill Mushrooms Sales (US), Smithy Mushrooms Ltd. (UK), Monaghan Mushrooms (Ireland), Walsh Mushrooms Group (Ireland), Rheinische Pilz Zentrale GmbH (Germany), Fujishukin Co. Ltd. (Japan), Italspwan (Italy), Mushroom SAS (Italy), and Hirano Mushroom LLC (Kosovo).

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Scope of the report:
The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.
The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.
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