Mushroom Market Projected to Grow at 9.2% through 2021
Global mushroom market projected to cross USD 59.48 billion by 2021, growing at a CAGR of 9.2
Global mushroom market projected to cross USD 59.48 billion by 2021, growing at a CAGR of 9.2
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<strong>Mushroom</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research has published a new report titled “<strong>Mushroom</strong> <strong>Market</strong> by Type (Milky<br />
<strong>Mushroom</strong>, But<strong>to</strong>n, Shiitake, Oyster, Paddy <strong>Mushroom</strong>, Winter <strong>Mushroom</strong>s, Reishi<br />
<strong>Mushroom</strong> and Others), by C<strong>at</strong>egory (Fresh <strong>Mushroom</strong>, Dried <strong>Mushroom</strong>, Canned<br />
<strong>Mushroom</strong>, Frozen <strong>Mushroom</strong> and Others) for Food Processing Industry, Medical and<br />
Direct Consumption: Global Industry Perspective, Comprehensive Analysis and<br />
Forecast, 2015 – <strong>2021</strong>”. According <strong>to</strong> the report, the global mushroom market was valued <strong>at</strong><br />
over USD 35.08 billion in 2015, is expected <strong>to</strong> reach above USD 59.48 billion in <strong>2021</strong> and is<br />
anticip<strong>at</strong>ed <strong>to</strong> grow <strong>at</strong> a CAGR of slightly above <strong>9.2%</strong> between 2016 and <strong>2021</strong>.<br />
<strong>Mushroom</strong> is the fleshly fungus which is parasitic in n<strong>at</strong>ure i.e. they depend on other plants for<br />
the food source. <strong>Mushroom</strong>s can be cultiv<strong>at</strong>ed with low cost and lowland, therefore the majority<br />
of manufacturers are turning <strong>to</strong>wards mushroom cultiv<strong>at</strong>ion. <strong>Mushroom</strong>s are distinct due <strong>to</strong> their<br />
nutritional properties. <strong>Mushroom</strong>s can be broadly classified as edible and non-edible mushrooms<br />
which are mainly <strong>to</strong>xic. <strong>Mushroom</strong>s market is likely <strong>to</strong> experience tremendous growth over the<br />
period of years owing <strong>to</strong> rise in food and medical industry.<br />
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