The harvested area for truffles and mushrooms in China has shown a steady growth from 24.02 thousand hectares in 2013 to 32.14 thousand hectares in 2023. The year-on-year variations highlight fluctuations, with a notable decrease in 2016 and a return to consistent growth post-2017. As of 2023, the area stood at 32.14 thousand hectares. The last recorded CAGR for the past five years (2019-2023) is 2.8%. Future projections indicate a continued increase, reaching 35.75 thousand hectares by 2028, with a forecasted 5-year CAGR of 1.68% and an overall 8.69% growth rate from 2024 to 2028.
Future trends to watch for:
- Potential impact of climate change on yield and harvested area.
- Technological advancements in agricultural techniques boosting yield.
- Market demand for truffles and mushrooms domestically and globally.
- Government policies and incentives for sustainable agricultural practices.