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.
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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.
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.
Market leaders and key company profiles
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
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.
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Akshay
Senior Market Research Expert at Business Market Insights
