Mushroom market in North America is expected to grow from US$ 1.85 Bn in 2018 to US$ 3.51 Bn by the year 2027. This represents a CAGR of 7.7% from the year 2019 to 2027.
North America mushroom market is expected to grow in coming years due to rising mushroom demand, as it offers various health benefits. Mushrooms is considered beneficial for health, as they contain very less gluten and sodium content. Consumers are increasingly preferring mushrooms, as these are rich in proteins and vitamin; it is also low fat and cholesterol-free. Further, the mushroom also contains various nutrients which include selenium, potassium, and vitamin; these vitamins are essential for a healthy body and active lifestyle. In North America, the U.S. and Canada are the largest producer and exporters of fresh mushrooms. The major players operating in the mushroom market include Bonduelle Fresh Europe, Greenyard Group, Monaghan Mushrooms., Giorgio Fresh Co., Golden Umbrella Mushroom, Inc., Monaghan Mushrooms, and New Hampshire Mushroom Company, among others. Companies in the North America mushroom market are constantly focused on strategies such as mergers & acquisition, investments, and expansion to expand its footprint across the world and to fulfil the growing demand of the market.
In North America region, government are focused on strategic Initiatives for agricultural and agri-food sector. For instance, Canada government has taken various initiatives for supporting the agriculture and agri-food sector. For the development of Agri-food and agriculture sector, Canada government would deliver federal programs under the Canadian agriculture partnership focusing on economic growth in the agriculture sector. The Canadian agriculture partnership is focus to strengthen the agriculture and agri-food sector; it is a five-year plan which has an investment of US$ 3 Bn done by the federal government, territorial, and provincial governments. The partnership program would support farmers to manage significant risks and provide streamlined programs & services that are easier to access.
Furthermore, innovation and technological advancements are the keystones of the North American countries such as the U.S, and Canada. The mushroom industry in this region is focused on innovating and advanced technology to increase mushroom production. Further, Canada mushroom farms are working with a technology company, academic institutes, and robotic technology equipment supplier to reduce labor requirements. The mushroom industry in the region is investing in robotic technology to overcome the labor shortage problem and raise production. Therefore, a high focus on advanced technology equipment for mushroom production is anticipated to create a lucrative opportunity for the market players.
Mexico Mushroom Market Revenue and Forecasts to 2027 (US$ Bn)
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NORTH AMERICA MUSHROOM MARKET – MARKET SEGMENTATION
North America Mushroom Market by Type
- Button Mushroom
- Shiitake Mushroom
- Oyster Mushroom
- Others
North America Mushroom Market by Form
- Fresh Mushroom
- Processed Mushroom
- Dried Mushroom
- Frozen Mushroom
- Canned Mushroom
- Others
North America Mushroom Market by Application
- Food Processing Industry
- Retail Outlets
- Food Services
- Others
North America Mushroom Market 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Form, Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Mushroom Market – By Type
1.3.2 North America Mushroom Market – By Form
1.3.3 North America Mushroom Market – By Application
1.3.4 North America Mushroom Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Mushroom Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Expert Opinion
5. North America Mushroom Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Consumer Preference for Processed Foods
5.1.2 Increasing Demand for Meat Substitutes
5.2 Key Market Restraints
5.2.1 Mushroom cultivation require high operational cost
5.3 Key Market Opportunities
5.3.1 Technology Advancement in Mushroom Industry
5.4 Future Trends
5.4.1 Growing concerns about health issues.
5.5 Impact Analysis of Drivers and Restraints Mushroom Market Impact Analysis of Driver and Restraints
6. North America Mushroom Market – Market Analysis
6.1 North America Mushroom Market Overview
6.2 North America Mushroom Market Forecast And Analysis
6.3 Market Positioning – Top 5 Players Ranking
7. North America Mushroom Market Revenue And Forecasts To 2027 – Type
7.1 Overview
7.2 North America Mushroom Market Breakdown, By Type, 2018 & 2027
7.3 Button Mushroom Market
7.3.1 Overview
7.3.2 North America Mushroom Market, By Button Mushroom Market Forecasts and Analysis
7.4 Shiitake Mushroom Market
7.4.1 Overview
7.4.2 North America Mushroom Market, By Shiitake Mushroom Market Forecasts and Analysis
7.5 Oyster Mushroom Market
7.5.1 Overview
7.5.2 North America Mushroom Market, By Oyster Mushroom Market Forecasts and Analysis
7.6 Others Market
7.6.1 Overview
7.6.2 North America Mushroom Market, By Others Market Forecasts and Analysis
8. North America Mushroom Market Revenue And Forecasts To 2027 – Form
8.1 Overview
8.2 North America Mushroom Market Breakdown, By Form, 2018 & 2027
8.3 Fresh Mushroom Market
8.3.1 Overview
8.3.2 North America Mushroom Market, By Fresh Mushroom Market Forecasts and Analysis
8.4 Processed Mushroom Market
8.4.1 Overview
8.4.2 North America Mushroom Market, By Processed Mushroom Market Forecasts and Analysis
8.4.3 Dried Mushroom Market
8.4.3.1 Overview
8.4.3.2 North America Mushroom Market, By Dried Mushroom Market Forecasts and Analysis
8.4.4 Frozen Mushroom Market
8.4.4.1 Overview
8.4.4.2 North America Mushroom Market, By Frozen Mushroom Market Forecasts and Analysis
8.4.5 Canned Mushroom Market
8.4.5.1 Overview
8.4.5.2 North America Mushroom Market, By Canned Mushroom Market Forecasts and Analysis
8.4.6 Others Market
8.4.6.1 Overview
8.4.6.2 North America Mushroom Market, By Other Product Market Forecasts and Analysis
9. North America Mushroom Market Revenue And Forecasts To 2027 – Application
9.1 Overview
9.2 North America Mushroom Market Breakdown, By Application, 2018 & 2027
9.3 Food Processing Industry Market
9.3.1 Overview
9.3.2 North America Mushroom Market, By Food Processing Industry Market Forecasts and Analysis
9.4 Retail Outlets Market
9.4.1 Overview
9.4.2 North America Mushroom Market, By Retail Outlets Market Forecasts and Analysis
9.5 Food Services Market
9.5.1 Overview
9.5.2 North America Mushroom Market, By Food Services Market Forecasts and Analysis
9.6 Others Market
9.6.1 Overview
9.6.2 North America Mushroom Market, By Others Market Forecasts and Analysis
10. North America Mushroom Market – Geographical Analysis
10.1 Overview
10.1.1 North America Mushroom Market Breakdown by Key Countries
10.1.1.1 U.S. Mushroom Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 U.S Mushroom Market Breakdown by Type
10.1.1.1.2 U.S Mushroom Market Breakdown by Form
10.1.1.1.3 U.S Mushroom Market Breakdown by Processed Mushroom
10.1.1.1.4 U.S Mushroom Market Breakdown By Application
10.1.1.2 Canada Mushroom Market Revenue and Forecast to 2027 (US$ Mn)
10.1.1.2.1 Canada Mushroom Market Breakdown by Type
10.1.1.2.2 Canada Mushroom Market Breakdown by Form
10.1.1.2.3 Canada Mushroom Market Breakdown by Processed Mushroom
10.1.1.2.4 Canada Mushroom Market Breakdown by Application
10.1.1.3 Mexico Mushroom Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Mexico Mushroom Market Breakdown by Type
10.1.1.3.2 Mexico Mushroom Market Breakdown by Form
10.1.1.3.3 Mexico Mushroom Market Breakdown by Processed Mushroom
10.1.1.3.4 Mexico Mushroom Market Breakdown by Application
11. Industry Landscape
11.1 Market Initiatives
11.2 Mergers And Acquisitions
11.3 New Developments
12. COMPANY PROFILES
12.1 Greenyard Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bonduelle Group
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Giorgio Fresh Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Golden Umbrella Mushroom
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Gourmet Mushrooms, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Monaghan Mushrooms
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Monterey Mushrooms, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 New Hampshire Mushroom Company
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Phillips Mushroom Farm
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 The Mushroom Company
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Table 2. North America Mushroom Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 3. North America Mushroom Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 4. North America Mushroom Market Revenue And Forecasts To 2027 – By Processed Mushroom (US$ Mn)
Table 5. North America Mushroom Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 6. North America Mushroom Market Revenue And Forecasts To 2027 – By Country (US$ Mn)
Table 7. U.S Mushroom Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 8. U.S Mushroom Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 9. U.S Mushroom Market Revenue And Forecasts To 2027 – By Processed Mushroom (US$ Mn)
Table 10. U.S Mushroom Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 11. Canada Mushroom Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 12. Canada Mushroom Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 13. Canada Mushroom Market Revenue And Forecasts To 2027 – By Processed Mushroom (US$ Mn)
Table 14. Canada Mushroom Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 15. Mexico Mushroom Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 16. Mexico Mushroom Market Revenue And Forecasts To 2027 – By Form (US$ Mn)
Table 17. Mexico Mushroom Market Revenue And Forecasts To 2027 – By Processed Mushroom (US$ Mn)
Table 18. Mexico Mushroom Market Revenue And Forecasts To 2027 – By Application (US$ Mn)
Table 19. Glossary of Term: Mushroom Market
LIST OF FIGURES
Figure 1.North America Mushroom Market Segmentation
Figure 2.North America Mushroom Market Segmentation - Country
Figure 3.North America Mushroom Market By Processed Mushroom-Segment, 2018 & 2027
Figure 4.North America Mushroom Market ($MN), 2018 & 2027
Figure 5.North America – PEST Analysis
Figure 6.North America Mushroom Market Forecast And Analysis (US$ MN)
Figure 7.North America Mushroom Market Breakdown, By Type, 2018 & 2027 (%)
Figure 8.North America Mushroom Market, By Button Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 9.North America Mushroom Market, By Shiitake Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 10. North America Mushroom Market, By Oyster Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 11. North America Mushroom Market, By Others Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 12. North America Mushroom Market Breakdown, By Form, 2018 & 2027 (%)
Figure 13. North America Mushroom Market Breakdown, By Processed Mushroom, 2018 & 2027 (%)
Figure 14. North America Mushroom Market, By Fresh Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 15. North America Mushroom Market, By Processed Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 16. North America Mushroom Market, By Dried Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 17. North America Mushroom Market, By Frozen Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 18. North America Mushroom Market, By Canned Mushroom Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 19. North America Mushroom Market, By Others Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 20. North America Mushroom Market Breakdown, By Application, 2018 & 2027 (%)
Figure 21. North America Mushroom Market, By Food Processing Industry Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 22. North America Mushroom Market, By Retail Outlets Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 23. North America Mushroom Market, By Food Services Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 24. North America Mushroom Market, By Others Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 25. North America Mushroom Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 26. U.S. Mushroom Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. U.S Mushroom Market Breakdown by Type, 2018 & 2027 (%)
Figure 28. U.S Mushroom Market Breakdown By Form, 2018 & 2027 (%)
Figure 29. U.S Mushroom Market Breakdown By Processed Mushroom, 2018 & 2027 (%)
Figure 30. U.S Mushroom Market Breakdown by Application, 2018 & 2027 (%)
Figure 31. Canada Mushroom Market Revenue and Forecasts to 2027 (US$ MN)
Figure 32. Canada Mushroom Market Breakdown by Type, 2018 & 2027 (%)
Figure 33. Canada Mushroom Market Breakdown By Form, 2018 & 2027 (%)
Figure 34. Canada Mushroom Market Breakdown By Processed Mushroom, 2018 & 2027 (%)
Figure 35. Canada Mushroom Market Breakdown by Application, 2018 & 2027 (%)
Figure 36. Mexico Mushroom Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 37. Mexico Mushroom Market Breakdown by Type, 2018 & 2027 (%)
Figure 38. Mexico Mushroom Market Breakdown By Form, 2018 & 2027 (%)
Figure 39. Mexico Mushroom Market Breakdown By Processed Mushroom, 2018 & 2027 (%)
Figure 40. Mexico Mushroom Market Breakdown by Application, 2018 & 2027 (%)
The List of Companies
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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