North America Mushroom Market Outlook
The mushroom market in North America is poised for significant growth, projected to increase from US$ 1.85 billion in 2018 to US$ 3.51 billion by 2027, representing a compound annual growth rate (CAGR) of 7.7% from 2019 to 2027.
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This growth is primarily driven by the rising consumer awareness of the health benefits mushrooms offer. Mushrooms are naturally low in gluten and sodium and are gaining popularity due to their high protein and vitamin content, low fat, and cholesterol-free composition. They are also a rich source of essential nutrients such as selenium, potassium, and B vitamins, all of which contribute to a healthier, more active lifestyle.
The U.S. and Canada are the leading producers and exporters of fresh mushrooms in the region. Major players operating in the North American mushroom market include:
- Bonduelle Fresh Europe
- Greenyard Group
- Monaghan Mushrooms
- Giorgio Fresh Co.
- Golden Umbrella Mushroom, Inc.
- New Hampshire Mushroom Company, among others.
These companies are actively pursuing strategies like mergers and acquisitions, investments, and geographic expansion to meet increasing demand and broaden their global reach.
Government Support and Strategic Initiatives
Governments in the region, particularly in Canada, are investing heavily in the agricultural and agri-food sectors. The Canadian Agricultural Partnership is a noteworthy initiative, representing a five-year, US$ 3 billion investment by federal, provincial, and territorial governments. This partnership aims to stimulate economic growth in agriculture by supporting farmers in managing risks and providing streamlined, accessible programs and services.
Innovation Driving Market Potential
Innovation and technological advancement are central to the development of the mushroom industry in North America. Producers in the U.S. and Canada are increasingly adopting advanced technologies and automation to enhance production efficiency and address labor shortages. Canadian mushroom farms, for example, are collaborating with tech companies, academic institutions, and robotics suppliers to integrate robotic systems into their operations.
These advancements are expected to significantly increase production capacity and create lucrative opportunities for market participants across the region.
North America Mushroom Strategic Insights
Strategic insights for the North America Mushroom provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Mushroom Report Scope
Report Attribute | Details |
Market Size (2018) | US$ 1.85 Billion |
Market Size (2027) | US$ 3.51 Billion |
CAGR (2019โ2027) | 7.7% |
Historical Data | 2016โ2017 |
Forecast Period | 2019โ2027 |
Segments Covered |
By Type | Button, Shiitake, Oyster Mushrooms |
By Form | Fresh, Processed Mushrooms |
By Application | Food Processing, Retail, Food Services |
Regions Covered | North America (US, Canada, Mexico) |
Key Companies | Bonduelle, Giorgio Fresh, Golden Umbrella, etc. |
North America Mushroom Regional Insights
The geographic scope of the North America Mushroom refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
NORTH AMERICA MUSHROOM MARKET โ MARKET SEGMENTATION
Category | Segments |
By Type | Button Mushroom, Shiitake Mushroom, Oyster Mushroom, Others |
By Form | Fresh Mushroom, Processed Mushroom, Dried Mushroom, Frozen Mushroom, Canned Mushroom, Others |
By Application | Food Processing Industry, Retail Outlets, Food Services, Others |
By Country | U.S., Canada, Mexico |
Companies Mentioned | Bonduelle Group, Giorgio Fresh Co., Golden Umbrella Mushroom, Gourmet Mushrooms, Inc., Greenyard Group, Monaghan Mushrooms, Monterey Mushrooms, Inc., New Hampshire Mushroom Company, Phillips Mushroom Farm, The Mushroom Company |
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Authorโs Bio
Akshay
Senior Market Research Expert at Business Market Insights