Mushroom Materials Market Expected to Reach USD 5,744.6 Million By 2032: Astute Analytica [Yahoo! Finance]
MOGU Inc. American Depositary Shares (each representing 25 Class A Ordinary Shares) (MOGU)
Last mogu inc. american depositary shares (each representing 25 class a ordinary shares) earnings: 11/29 04:00 am
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Source: Yahoo! Finance
From packaging to construction, mushrooms are revolutionizing material choices. New Delhi, April 25, 2024 (GLOBE NEWSWIRE) -- The global mushroom materials market is booming, expected to nearly double in size from USD 2,571.9 million in 2023 to USD 5,744.6 million by 2032, with a CAGR of 9.34% during the forecast period 2024–2032. The mushroom materials market is flourishing, driven by several key trends. Consumers, particularly those following plant-based diets, are seeking protein-rich options, and mushrooms deliver with nearly 3.3 grams per 100 gram serving. On the production and distribution side, the United States remains a major player, though Asia Pacific reigns supreme in growth rate. Supermarkets and hypermarkets are the primary channels for mushroom sales, while the vast majority (over 86%) finds its way to consumers' plates. Europe, heavily reliant on imports, presents a significant opportunity. North America, with established markets in the US and Canada, also holds a
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