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Strong growth forecast for mushroom market

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Staff Writer | March 7, 2017
Mushroom
Food trade   Demand in all markets

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 $in 2021.

A report by Zion Market Research estimates that global mushroom market turnover will increase from $35.08 billion in 2015 to $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.


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