Frequently Asked Questions
Answer- The global mushrooms substrate market was valued at USD 2.9 Billion in 2022.
The mushrooms substrate market is expected to grow at a CAGR of 5.9% between 2023 and 2030, reaching USD 4.1 Billion in 2030.
Organic is the leading segment by type, holding over 75% share in value in 2022.
Straw governs the global demand for mushrooms substrate, holding a massive share of over 30% in 2022.
The online segment is expected to post the highest CAGR during the forecast period.
Asia Pacific is fueling the growth of the mushrooms substrate industry, with an over one-third share in 2022.
The top players include JSC Ramundas, Anyang Gemco Energy Machinery Co., Ltd, and North Spore.
The major market drivers are increasing consumer awareness and preference for nutritious and sustainable food, growing demand for organic and specialty mushrooms, and rising popularity of functional and medicinal mushrooms.
The potential for contamination and disease outbreaks in mushroom farms and fluctuations in the availability and cost of raw materials. are the major market restraints.
Increasing demand for functional mushrooms and their potential health benefits, expansion of the medicinal mushroom market and need for natural remedies, and growth in organic and specialty mushrooms in the mushrooms substrate industry.