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Strong growth forecast for the mushroom market
All countries
Monday 06 March 2017
FJ
Mushroom production is increasing around the world to meet growing demand.
With an annual growth rate of around 9.2% over the next 5 years, the world market for mushrooms could total a turnover of 59.48 billion USD in 2021.
A report by Zion Market Research estimates that global mushroom market turnover will increase from USD 35.08 billion (2015) to USD 59.48 billion by 2021. This huge growth will be driven by demand at the global level.
Demand in all markets, as a fresh product and as an ingredient for the food industry. As a result, the Asia-Pacific region, which has the largest market share in 2015, is expected to see a sharp rise in consumption, particularly in India, China and Japan. In North America, high growth is expected, due to demand for processed food products.
Europe, the largest region of production and processing, is expected to maintain strong demand. Africa and the Middle East could also experience strong growth rates thanks to favorable conditions and abundant resources.
source : openpr com global mushroom market
