The Middle East and Africa mushroom cultivation market size is expected to reach USD 1.02 billion in 2024 and reach USD 1.15 billion by 2029 growing at a CAGR of 2.33% from 2024 to 2029.
Owing to the rising demand for vegan foods in the region. Increasing health conscious among the people is also helping the market of mushroom cultivation to grow further in this area.
Rapid increase in the demand for meat substitutes followed by growing consumer preference towards vegan food is majorly driving the growth of the market of Mushroom Cultivation in the Middle East and Africa region. Furthermore, rising consumer awareness related to the health benefits associated with the consumption of processed food items are some of the driving factors of the Middle East and Africa Mushroom Cultivation market.
High operational costs associated with the mushroom cultivation is one of the major restraints effecting the growth of the market in the Middle East and Africa nations.
Among these, the button mushroom segment records a prominent share in the regional market as it is a widely consumed type compared to all and also offers several health benefits.
The Middle East and Africa Mushroom Cultivation market is growing rapidly owing to the increase in demand for meat substitutes followed by rising consumer preference for vegan food and increasing health conscious among the local population. Also, the increasing consumption of processed foods in nations like UAE, Saudi Arabia, South Africa and others, promotes the growth of the revenue in the Middle East and Africa region. Furthermore, the Middle East and Africa region is expected to register a considerable revenue rate over the outlook period of 2020 to 2025.
Some of the key players of the mushroom cultivation market are Smithy Mushrooms Ltd., Italspwan, Mushroom SAS, Monaghan Mushrooms, Rheinische Pilz Zentrale GmbH, Mycelia, Walsh Mushrooms Group, South Mill Mushrooms Sales, Hirano Mushroom LLC, Fujishukin Co. Ltd..
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1600
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region