Global Mushroom Market To Spring Exponentially at 9.5% CAGR to 2019 - New Research Report Available at ReportsnReports.com
(PRWEB) January 25, 2015 -- The mushroom market has broadly been segmented on the basis of types, applications and regions. The mushroom market is marked with intense competition due to the presence of a large number of both large- and small-scale firms. Expansions, acquisitions, agreements and new product developments are the key strategies adopted by market players in order to ensure their growth in the market. Complete report is available at http://www.reportsnreports.com/reports/327672-mushroom-market-by-type-button-shiitake-and-oyster-by-application-fresh-mushrooms-and-processed-mushrooms-dried-frozen-and-canned-by-region-global-trends-forecast-to-2019.html .
Europe accounted for the largest share of the mushroom market in 2013 and is projected to grow at the highest CAGR of 10.8% between 2014 and 2019. The market in the Asia-Pacific region is projected to be the second-largest in the next five years. These regions are projected to be emerging revenue-generating pockets for market players. The shiitake mushroom market is projected to be the fastest-growing in the next five years, followed by button mushrooms. Processed mushrooms accounted for more than half of the global mushroom market in 2013.
The mushroom market has grown exponentially in the last few years and this trend is projected to continue. The market was valued at $29,427.92 million in 2013 and at a CAGR of 9.5% from 2014; it is projected to reach $50,034.12 million by 2019. The market is being driven by the rise in consumption of processed food, rise in consumer awareness about health & wellness, cultivation being a promising & profitable business and continuous R&D & innovations to expand applicability and accelerate growth. On the other hand, limited shelf-life is the major challenge faced by the mushroom market. Order a copy of this report at http://www.reportsnreports.com/purchase.aspx?name=327672 .
The global mushroom market was dominated by players such as Costa Pty Ltd. (Australia), Phillips Mushroom Farms Inc. (U.S.), Shanghai FINC Bio-Tech Inc. (China) and Bonduelle Fresh Europe (France) in terms of developments between 2010 and 2014. Priced at US $ 4650 for a single user PDF, a discount on this research report can be requested at http://www.reportsnreports.com/contacts/discount.aspx?name=327672 .
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