According to a new report from Zion Research, global demand for the mushroom market, which was valued at over USD 35.08 billion in 2015, is expected to reach above USD 59.48 billion in 2021, and is anticipated to grow at a CAGR of slightly above 9.2% between 2016 and 2021.
Asia pacific is expected to show the highest growth in the mushroom market owing to escalating demand from the food industry. Mushroom is highly consumed in China, Japan and India due to its high nutritional content. Also, the rapidly expanding food industry in India and China is positively impacting the mushroom market.
North America and Europe are the most potent regions for the mushroom market. Europe is the largest market for the cultivation and processing of mushrooms. Therefore Europe accounted for more than 35 % of total market share in the mushroom processing and cultivation market. There has been tremendous growth in demand for organic food in North America due to the growing incidence of diabetics and obesity in this region. Mushroom possess nutritional properties, such as low cholesterol and no fat.
Latin America is witnessing an unprecedented boom in recent times due to the high use of mushrooms as ingredients in various food products. The Middle East and Africa will exhibit decent growth in the next few years, due to the abundance of raw resources and favorable conditions for mushroom growth.
Browse the full "Mushroom Market by Type (Milky Mushroom, Button, Shiitake, Oyster, Paddy Mushroom, Winter Mushrooms, Reishi Mushroom and Others), by Category (Fresh Mushroom, Dried Mushroom, Canned Mushroom, Frozen Mushroom and Others) for Food Processing Industry, Medical and Direct Consumption: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at www.zionmarketresearch.com/report/mushroom-market
