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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 />

Asia-Pacific accounted for the largest market share in 2015 and is expected <strong>to</strong> grow <strong>at</strong> the faster<br />

pace in the forecast period. Some of the fac<strong>to</strong>rs such as higher consumption r<strong>at</strong>e of mushroom<br />

in China, India, and Japan suffice the growth of the mushroom market in this region. Europe<br />

held the highest market share of the mushroom market in 2015. Europe accounted for largest<br />

production and processing region for mushroom owing <strong>to</strong> high demand for organic food from<br />

end-user industry. North America is experiencing elev<strong>at</strong>ed growth due <strong>to</strong> growing demand for<br />

processed food. L<strong>at</strong>in America has a huge stake in developing the mushroom market due <strong>to</strong> the<br />

utiliz<strong>at</strong>ion of mushroom in various food products for gre<strong>at</strong> taste and aroma. The Middle East and<br />

Africa are likely <strong>to</strong> witness decent growth in the forecast period due <strong>to</strong> the presence of abundant<br />

resources and favorable conditions.<br />

Intense competition among the players due <strong>to</strong> the presence of several vendors in the market<br />

forces the companies <strong>to</strong> follow different str<strong>at</strong>egies like product innov<strong>at</strong>ion <strong>to</strong> sustain in the<br />

market. Monaghan <strong>Mushroom</strong>s, Fresh S<strong>to</strong>ck, Agro Dutch Industries Ltd, Bonduelle, Modern<br />

<strong>Mushroom</strong> Farms, Hughes <strong>Mushroom</strong>, Scelta <strong>Mushroom</strong>s BV, Drinkw<strong>at</strong>er <strong>Mushroom</strong>s Ltd,<br />

Banken Champignons, the California <strong>Mushroom</strong> Farms Inc, Monterey <strong>Mushroom</strong>s, Inc, Ecolink<br />

Baltic, OKECHAMP S.A., The <strong>Mushroom</strong> Company, Weikfield Foods Pvt. Ltd and Kulkarni Farm<br />

Fresh Pvt. Ltd among others are some of the key profiles in the mushroom market.<br />

Browse detail report with in-depth TOC @<br />

https://www.zionmarketresearch.com/report/mushroom-market

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