The Middle East and Africa Mushroom Cultivation market is likely to expand further during the forecast period of 2022 - 2027, 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.
Drivers and Restraints
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 record the prominent share in the regional market as it was 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..
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