North America Mushroom Cultivation Market

North America Mushroom Cultivation Market Size (2024 to 2029)

The North America mushroom cultivation market is expected to reach USD 6.43 billion in 2024 and reach USD 7.61 billion by 2029, growing at a CAGR of 3.43% from 2024 to 2029.

Due to the increasing awareness of high nutritional values of mushrooms. Also, the surge in the consumption of processed food in the countries such as United States, Mexico and Canada is promoting the expansion of the market for mushroom cultivation in the North American region.

MARKET DRIVERS

Increasing investments by major players in the mushroom cultivation market in North America in research and development to introduce new products to the market and the increase of demand for meat substitutes followed by growing consumer preference towards vegan food is driving the growth of the market for mushroom cultivation in North American nations.

Rising commercial mushroom consumption in hotels, restaurants and cafeterias, along with the easy availability in different sales channels like supermarkets/hypermarkets, rising consumer awareness regarding the health benefits of these products and surge in the intake of processed food items are some other prominent driving factors of the North America mushroom cultivation market.

MARKET CHALLENGES

High operational costs associated with the mushroom cultivation is one of the major restraints effecting the growth of the market of mushroom cultivation in North America region.

This research report on the North American mushroom cultivation market is segmented and sub-segmented into the following categories.

North American Mushroom Cultivation Market Analysis By Type

• Button Mushroom
• Shiitake Mushroom
• Oyster Mushroom
• Other Types (such as nameko, maitake, enoki, mane, straw and Shinji)

Among these, the button mushroom segment accounts for the protruding portion of the regional market as it is considered the widely consumed mushroom type all around the world, including North America, and is also known to offer several health advantages.

COUNTRY ANALYSIS

• The U.S
• Canada

The North American mushroom Cultivation market is likely to progress in the coming years, owing to the surge in the call for meat substitutes followed by a growing customer base for vegan food and increasing awareness about the medicinal benefits of these mushrooms in local consumers. Furthermore, rising commercial mushroom consumption in hotels, cafeterias, and restaurants also supports the growth in the revenue of the North American region. The local market is anticipated to hold a significant portion in terms of revenue over the prediction period.

KEY PLAYERS IN THE NORTH AMERICA MUSHROOM CULTIVATION MARKET

Walsh Mushrooms Group (Ireland), South Mill Mushrooms Sales (US), Smithy Mushrooms Ltd. (UK), Italspwan (Italy), Mushroom SAS (Italy), Mycelia (Belgium), Monaghan Mushrooms (Ireland), Rheinische Pilz Zentrale GmbH (Germany), Hirano Mushroom LLC (Kosovo), Fujishukin Co. Ltd. (Japan). These are the market players that are dominating the North America mushroom cultivation market.