Most profitable mushrooms to grow in 2024

Most profitable mushrooms to grow in 2024

How much can you sell mushrooms for? Gourmet and specialty mushrooms are becoming more and more in demand in the food service and health sectors. For that reason, cultivating and marketing these distinctive and tasty mushrooms has an abundance of options for financial gain. That being said, there are differences across mushrooms in terms of profitability. 

We'll look at the most profitable mushrooms to grow in this post.

What are specialty mushrooms?

The USDA defines specialty mushrooms as any species that are not button, crimini, or portobello. Oysters and shiitake are the most often produced specialized mushrooms. Specialty mushrooms are becoming more and more in demand as people try to buy healthier and curative foods. There are ways to grow mushrooms indoors in a variety of areas on straw and other agricultural materials, as well as ways to grow them outside on logs and beds.

What are gourmet mushrooms?

Gourmet mushrooms are edible plants with rich, distinctive tastes and a high culinary value. These mushrooms are more costly than button mushrooms and are highly sought after for use in extravagant cooking at home and in restaurants. The edible mushroom species that are considered "gourmet" might differ depending on the culture. In the wild, delicious mushrooms thrive. Numerous gourmet mushrooms have extremely poisonous lookalikes.

How much can you sell mushrooms for in 2024?

Certain mushrooms may be sold for a very good profit since they have such a high value. The majority of people are aware of button mushrooms, which cost $4 per pound at the grocery store. Although growing these mushrooms is a little more difficult, it is still possible to discover a more lucrative mushroom to produce.

These mushrooms are quite expensive:

  • 16 oz. of morels: $40
  • 16-oz cordyceps: $400
  • 16 oz. of truffles: $800
  • 16 oz. of psilocybe: $1600

What is the best way to sell mushrooms?

How much can you sell mushrooms for? Since you earn more for your mushrooms, selling directly to consumers at farmer's markets or through subscription services is frequently the greatest option for beginning small-scale farmers. However, somewhat bigger mushroom farmers who can regularly produce greater numbers are ideal for weekly orders on a regular basis from nearby restaurants or specialized shops. 

Where to sell your mushrooms?

The demand for mushrooms has sharply increased as a result of growing awareness among consumers of their health advantages. Mushrooms are becoming increasingly common on menus at hotels and restaurants. It may be quite profitable to sell your mushrooms in the neighborhood farmer's markets because buyers are willing to pay a reasonable price for such high-quality products. If convenience is a priority, selling mushrooms online is an excellent option as well. If you offer rich flavor and superior quality, you may charge higher prices for mushroom sauce, pickles, or spices.

4 Best mushrooms to grow for profit 

The list of mushrooms that you should grow in order to turn a profit is provided below.

1. Oyster mushroom

One of the mushrooms that grows the fastest is the oyster mushroom. After the injection process, they may be harvested in two to three weeks and yield a lot—up to 25 pounds of mushrooms per square foot of growth. You may get dried or fresh oyster mushrooms. As an alternative to meat, they are also well-liked in the vegetarian and vegan communities.

2. Shiitake mushroom

Shiitake On a variety of hardwood tree species, shiitake mushrooms grow symbiotically. These mushrooms are cultivable, and they may be grown on hardwood logs. Even though they are among the most widely grown mushrooms worldwide, their cost is still very high. Fresh shiitake mushrooms cost between $10 and $20 per pound in US marketplaces. Because farmers actively produce shiitakes, they are available all year round.

3. Lions mane mushroom

Compared to other mushroom types, they are very easy to cultivate and produce a large amount of mushrooms. When compared to other mushroom kinds, lion's mane mushrooms are regarded as a premium food item and can fetch a higher price on the market. Their frequent sales as dietary supplements, dried goods, or fresh enable more flexible marketing strategies and increased financial gains.

4. King oyster mushroom

The largest kind of oyster mushroom, king oyster mushrooms are highly valued by cooks for their thick, meaty stems and versatility in the kitchen. This outstanding species is a favorite among customers, chefs, and small-scale mushroom producers since it is nearly as simple to raise as other oysters. Fresh king oysters can range in price from £14 to £25 per kilogram in the UK, depending on the region and intended market.

What Is The Most Profitable Mushroom to Sell?

1. Truffle

A fungus's fruiting body is called a truffle. They exclusively develop underground, making them wholly subsurface. Truffles rank among the most costly culinary ingredients worldwide. White truffles may actually fetch up to $168 per ounce, or hundreds of dollars per pound.

2. Chanterelles

People are eager for several varieties of chanterelles for their culinary use. The most well-known are the species that taste and appear similar to the golden chanterelle (Cantharellus cibarius). Although the cost of chanterelles varies depending on several factors, fresh chanterelles typically cost $20 to $30 per pound. 

3. Morel

True morels, or morels of the Morchella genus, are incredibly unusual and tasty Ascomycota fungus. From North America to Asia, the temperate Northern Hemisphere is home to these mushrooms. These are among the most well-liked and mouthwatering mushrooms to search for in the springtime. Dried morels are available year-round in specialty and health food stores. You can usually get fresh morels in late March or early April and into June. Depending on the species, season, and region, the price per pound for fresh morel mushrooms can vary from $20 to $50. 

What do you need to start a mushroom farm?

  • A few necessary items are needed to launch a mushroom farm. Primarily, having an appropriate growth space is essential.
  • Next, gather the required tools, such as racks or shelves for growing mushrooms, a substrate (such as a blend of wood chips and straw), mushroom spawn, and a clean water supply for spraying. 
  • Make an investment in suitable trays or bags for growing the mushrooms. 
  • A sterilizing technique, such as an autoclave or pressure cooker, is also necessary to guarantee a contaminant-free atmosphere. 
  • Adequate knowledge about the specific mushroom species you plan to cultivate, their growth requirements, and proper hygiene practices are also fundamental for a successful mushroom farming venture. 
  • A successful mushroom farming effort also requires having sufficient information about the particular mushroom species you intend to raise, their development requirements, and appropriate hygiene procedures.

Johan S.

Hey there! I'm Johan, a plant nerd with a passion for helping others grow their own little slice of green heaven.

With over 10 years of getting my hands dirty at organic farms, I'm excited to share my knowledge and expertise with you through this blog, Canopy Leaf. Let's get growing, and make the world a greener, more wonderful place - one mushroom, microgreen, and bloom at a time!

I'm really glad you stopped by! Thank you for visiting!

Back to blog

Leave a comment

Please note, comments need to be approved before they are published.