North America Mushroom Market By Type (Oyster, Shiitake, Button and Other Types), By Form (Fresh Mushroom and Processed Mushroom), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores and Online), By End User (Residential, Industrial and Commercial), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
The North America Mushroom Market would witness market growth of 11.39% CAGR during the forecast period (2020-2026).
Mushrooms are available in different varieties like button, shiitake, oyster, paddy mushroom, milky mushroom, reishi mushroom, & winter mushrooms. These mushrooms are accessible in majorly two forms that include processed & dried category. In the last few years, there is a rapid increase in the demand for mushrooms in the processing sector. These processed mushrooms are available in dried, canned & frozen form in the market. Moreover, this category also includes variety of mushrooms like powder mushroom, pickled mushroom, & mushroom sauces.
The wastes from animal and bio-based industries are ideal options used in the farming of mushroom. In comparison to green plants, mushrooms have a totally different life cycle because they are fungus. Mushroom cultivation requires minimal usage of land as compared to other farming as they can grow in polytunnels, lawns & woodlands. This further motivates cultivators to effectively use their lands for mushroom farming, thereby propelling the growth of the mushroom market.
The increasing demand for mushrooms across the world is encouraging the cultivators to use unhealthy chemicals & fertilizers to meet the demand for mushrooms in the market. This will shift the preference of consumers away from mushrooms due to the increasing concerns about health among customers. This factor poses a major obstacle for the growth of the global mushroom market. The mushroom spores can result in allergy and other respiratory problems to the mushroom cultivators. For managing these problems, they use some equipment like respirators, which people use as a safety precaution but it further increases the cost of production that is not feasible for underprivileged cultivators.
The US market dominated the North America Industrial Market by Country 2019, and would continue to be a dominant market till 2026; growing at a CAGR of 11 % during the forecast period. The Canada market is experiencing a CAGR of 14.4% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 13.4% during (2020 - 2026).
Based on Type, the market is segmented into Oyster, Shiitake, Button and Other Types. Based on Form, the market is segmented into Fresh Mushroom and Processed Mushroom. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores and Online. Based on End User, the market is segmented into Residential, Industrial and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bonduelle S.A., Costa Group Holdings Limited, Monterey Mushrooms, Inc., Okechamp SA, Shanghai Fengke Biological Technology Co., Ltd., South Mill Mushrooms Sales, Inc. (The Mushroom Company), Basciani Foods, Inc., NABIA (Next Agricultural Business Incorporated Australia), Greenyard NV, and Giorgio Fresh Co. (Giorgio Mushroom Co.)
Scope of the Study
Market Segments covered in the Report:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook