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Spent mushroom substrate (SMS), often disregarded as waste despite its abundance in organic matter and mineral micronutrients, has emerged as a valuable resource for diverse applications. While Europe and Asia have witnessed extensive research in this field over the past decade, Ukraine's exploration remains limited. This study conducts a thorough investigation into SMS recycling and reutilization over a 4-year period. Employing experimental and comparative methods, this research unveils compelling insights into the potential of SMS for reintroduction into the primary production cycle and secondary activities. The main conclusions reveal the success of SMS valorization in the production of additives, fertilizers, and alternative fuels. Furthermore, the application of SMS in agroecosystems significantly enhances the soil biological activity. The integration of these methods into production chains not only yields economic benefits for companies but also fosters environmental stewardship, aligning with waste-free practices and the principles of bioeconomy and sustainability. [ABSTRACT FROM AUTHOR]