Project Report For Mushroom Farming
Project report for Mushroom Farming is as follows.
Mushrooms are one of the most protein-rich vegan foods, with approximately 3.3 grammes of protein per 100 grammes. Meat has traditionally been a major source of protein in the Western diet; thus, vegans prefer protein-rich vegan goods. Consumers are growing more label-conscious and prefer natural-ingredient products. Clean label cosmetics produced from plant extracts and free of synthetic chemicals are gaining popularity in the market. As a result, personal care and beauty product manufacturers are increasingly using botanical components in cosmetic formulations, which is likely to boost product demand.
Mushrooms have a short shelf life due to their high water content, which ranges from one to three days. As a result, post-harvest storage and transportation are critical components of effective production. The global pandemic has resulted in the implementation of lockdowns in order to restrict the disease’s spread. The logistics or products transportation business experienced a delay in the early months of the epidemic due to a lack of workers and the uncertainty caused by the outbreak. As a result, farmers suffered considerable losses because mushrooms were destroyed with limited shelf life.
Market potential & Strategy
The worldwide mushroom cultivation market is anticipated to grow at a CAGR of 3.9 per cent during the forecast period, reaching USD 16.65 billion in 2020. Increasing demand for mushrooms, a greater emphasis on health and wellbeing, and a preference for organic products are some of the main drivers driving revenue growth in the worldwide mushroom cultivation market. Another factor that is likely to promote mushroom demand in the future is the ease of accessibility and usage of food products and vegetables on various online platforms. Edible mushrooms provide a variety of nutrients, including riboflavin, vitamin D, potassium, and other essential components for optimum health. Mushrooms are occasionally used as a meat substitute and offer similar nutritional content to a number of other vegetables. Mushroom intake, according to studies, aids in weight control, immune improvement, and cancer risk reduction.
Because of their health benefits, mushrooms are becoming more popular in developing nations. The rising popularity of Vegan and organic food items, as well as a growing emphasis on a healthy diet, are driving demand for edible mushrooms in the global market. Mushroom growing has grown in popularity on both small and large-scale farms and greenhouses across the world in recent years. Mushrooms grow without the need for sunshine, require organic matter, and do not require high quality or nutrient-enriched soil to produce adequate yields. Mushrooms may also transform non-nutritional material like wheat or paddy straw into nutrients. Mushroom growing has also become a possible source of revenue for small farmers due to its low cost.
As per the China Business Research Institute, China was the world’s top edible mushroom grower in 2017, with an estimated annual production of 38.42 million tonnes. This accounted for almost 75% of the total world output. Furthermore, the experts reported that edible mushroom exports were USD 3.8 billion in the same year.
The Asia Pacific area leads the worldwide mushroom producing market. China, the world’s largest producer of mushrooms, has the highest per capita consumption of any country. The growing vegan population and an increasing tendency toward nutrient-dense foods have resulted in mushroom market development in Asian countries.
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