A Project Report on ‘Mushroom Farming Start-up & Its Future Prospects in Bangladesh’.

Abstract

This report interprets mushroom farming in terms of production, performance, issues, and possibilities in Bangladesh. This report aims to assemble crucial data on mushroom farming in Bangladesh so one can easily utilize those data in his prospective startup. Due to the significant internal market need and export potential, the mushroom output is rising. Farmers mostly cultivate oysters, shiitake, reishi, milky, button, straw, and oyster mushrooms, although oyster mushrooms (Pleurotus spp.) are the only species that get year-round cultivation. Most of Bangladesh's educated youth and countryside women are turning to mushroom cultivation as a source of income. According to the study, growing mushrooms is a simple task that only takes a little amount of technical proficiency and could be a very successful agricultural enterprise as seen by its thriving benefit-cost ratio. Despite the rise in mushroom production, there still remain some issues that mushroom farmers must deal with in order to develop this industry. These issues include a lack of cultivation space, an insufficient supply of quality spawn, insufficient funds, a shortage of necessary staff, a lack of direct markets and promotional opportunities, infrastructure constraints, and others. The potential to increase mushroom cultivation across the nation is huge. Strengthening the mushroom industry might be a great sustainable development for the rural economy by considering the country’s limited land resources, overpopulation, and unemployment rate. Increasing development of this sector also might extend the diversity of business and job options available in semi-urban and remote areas. Business Development of mushrooms in Bangladesh requires various initiatives. Firstly, people's awareness level of mushrooms needs to be increased. Secondly, mushroom exports to foreign destinations need facilitation by export-friendly government policy. Finally, training and development for business essentials, such as management, which involves governed management, marketing, which involves making money by satisfying customers, funding, which involves setting up economic support, and socioeconomics.