Product Code: ETC383130 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam Mushroom Cultivation Market is poised for steady growth rate improvements from 2025 to 2029. From 11.22% in 2025, the growth rate steadily ascends to 13.48% in 2029.
Vietnam's Mushroom Cultivation market is anticipated to experience a high growth rate of 12.56% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Mushroom cultivation in Vietnam is a thriving agricultural sector, catering to both domestic consumption and export. Various types of mushrooms, including shiitake, oyster, and button mushrooms, are cultivated in controlled environments. Mushroom cultivation offers an attractive alternative for small-scale farmers and contributes to rural development. As consumers become more health-conscious, the demand for mushrooms as a nutritious and versatile food source continues to rise.
The mushroom cultivation market in Vietnam is driven by a rising awareness of the health benefits of mushrooms. Mushrooms are considered nutritious and have medicinal properties. Furthermore, their cultivation is relatively cost-effective and environmentally friendly, making it an attractive option for small-scale farmers. Increasing demand from the food and pharmaceutical industries for mushrooms and mushroom-based products is another driving factor.
Mushroom cultivation in Vietnam may face challenges related to competition and market saturation. The market has witnessed significant growth, but as more players enter the industry, competition intensifies. Managing production costs, quality, and market positioning are essential for sustained success.
The mushroom cultivation market in Vietnam saw mixed effects from the pandemic. While there was increased interest in home gardening and urban farming, commercial mushroom growers faced disruptions in the supply chain and distribution. Some growers pivoted to direct-to-consumer sales and online platforms to reach customers.
In the mushroom cultivation sector, companies like Hoa Phat Group and VinaCapital Green Farms are notable players known for their mushroom production and distribution.