Market Outlook
A mushroom substrate is a substance on which mushroom grows, it acts as a medium for mycelium to grow and proliferate. The most common mushroom substrate used is cereal straw such as rye, wheat and oats, as it helps to grow many different varieties of mushroom. Mushroom cultivation is an old practice but now it has become popular across the globe. Mushroom substrates are utilized mostly by producers for the small-scale production of mycelium. Mushroom substrates can be produced from any clean agricultural waste material on which spawn is added. Spawn is a nutritious material on which mycelium starts growing and then the mushroom starts colonizing on mushroom substrates. Use of mushroom substrate is also an eco-friendly way of cultivating mushroom. Mycelium cultivation through mushroom substrates has helped to ease the helplessness of poverty and have strengthened livelihoods, as it does not require access to land and significant capital investment. As a result of these properties, call for mushroom substrates is witnessing increasing demand in the market.
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Reasons for Covering this Title
Recently, there has been an increase in demand for mushroom due to its medicinal properties. Today, approximately 6 -7% of edible mushroom is known to have medicinal properties and have been used in traditional Chinese medicine since ages. Mushroom cultivation using mushroom substrates plays an important role in supporting the local economy of a rural area by contributing to nutritious food, food security, medicine, income through trade and offering opportunities for small-scale food processing industry; that too without investing much on raw material. Due to the above-mentioned reasons, it is expected that the demand for mushroom substrate is likely to remain steady over the forecast period of 2018 to 2028.
Global Mushroom Substrates: Market Segmentation
On the basis of type, the global mushroom substrates market has been segmented as –
On the basis of Sales Channel, the global Mushroom Substrates market has been segmented as –
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Global Mushroom Substrates Market: Key Market Participants
Some of the key market participants operating in the global mushroom substrates market are:
The global mushroom substrates market has evolved over the time due to the increase in demand for organic mushroom in the foodservice industry and is expected to witness robust growth over the forecast period.