Global Mushroom Market: Key Highlights
Global Mushroom Market: Key Market Dynamics
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Global Mushroom Market: Regional Overview
The mushroommarket in the Asia Pacific region is projected to witness high demand due to increase consumption of from countries like Japan, China, and others. This is attributed by increasing production along with increased exports of mushroom from these countries. Mushroom’s health-enhancing characteristics such as immunity and longevity while promoting liver and heart health. Moreover, mushrooms also function as a sedative on the central nervous system, thereby relieving stress and relaxing body & mind.
Consumption and production of mushroom is increasing in the region owing to the demand nutrient-rich food in the region. Demand for mushroom in countries such as Netherlands, U.K, Germany, Spain, and others for medical purpose is expected to witness decent growth in the region. According to European Federation of Pharmaceutical Industries and Associations (EFPIA), in 2017 the pharmaceutical industry generated revenue of USD 285940.60 million. Additionally, utilization of advanced mushroom processing techniques by producer and distributors may drive the market growth.
Global Mushroom Market: Key Players Overview
Highline Mushrooms was incorporated in 1961 and has 4 growing facilities and distribution center. The company is one of the largest mushroom producers in Canada. Highline is engaged in producing, packaging, and distributing varieties of mini bella, portobella, fresh white, and excotic mushroom. In March 2018, Highline Mushrooms acquired Prairie Mushrooms group of companies with an aim to strength Western Canadian operation and enhance its position in mushroom grower in Canada
Sylvan Inc. is one of the global leaders in fungal technology and largest producer and distributors of mushroom spawn. The company has 16 location serving more than 65 countries across the globe. The company offers product range of strains, spawns, and ancillary products. In September 2018, the company has signed a partnership agreement with uguan China in order to expand the business opportunities in the market.
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