Mushroom Market Expected to Reach $50,034.12 Million by 2019 - New Report by MarketsandMarkets
(PRWEB) February 03, 2015 -- The report on Mushroom Market defines segmentation of the global market to provide details about the future growth for the leading industry players. It also highlights the major market drivers and restraints across different geographic regions.
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Browse 73 market data tables and 58 figures spread through 153 pages and in depth TOC on mushroom market
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The report segments the mushroom market on the basis of the demand patterns across different geographic regions. Market size across various key countries is also projected in this report, which gives an insight into the growth trends for the major players.
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Mushrooms are mostly grouped as vegetables. These fruity parts of fungus are witnessing rising demand from different parts of the world. According to the report, this growth in demand is mainly driven by the recognition of their nutritional and medicinal properties. MarketsandMarkets reports the global market to grow at a CAGR of 9.5% from 2014 to 2019. At the end of 2019, the global market is estimated to reach $50,034.12 million by 2019. It expects Europe to dominate the global market in terms of growth rate, which will be followed by Asia Pacific.
From over 2,300 edible species of mushrooms, around 200 genera are useful. The most popular types of mushrooms such as button, shiitake and oyster mushrooms are gaining more market shares around the world. As explained in the report, these types accounted for over 76% of the global market shares.
With rising income levels, global demand for deep frozen, dried and canned mushrooms has grown at a rapid rate. Various developing countries are projected to emerge as the stronger marketplaces for the mushroom market. Increasing government support and advanced cultivation technologies are also expected to create major business opportunities for the key industry players.
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