United States Mushroom Market Expected to Rise at 8.5% CAGR During 2024-2032

United States Mushroom Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 8.5% (2024-2032)

The United States mushroom market is experiencing significant growth, driven by the increasing consumer demand for healthier, plant-based foods. According to the latest report by IMARC Group, the market size is projected to exhibit a growth rate (CAGR) of 8.5% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/united-states-mushroom-market/requestsample

United States Mushroom Market Trends and Drivers:

Growing Popularity of Mushrooms in the U.S. Market

  • Increasing Demand for Mushrooms:

    • Mushrooms are becoming a popular choice due to their nutritional benefits and versatility in cooking.
    • Major urban centers like New York, Los Angeles, and Chicago are witnessing growing demand in both home cooking and the restaurant industry.
    • The shift toward organic and locally sourced produce fuels the demand for mushrooms, which are seen as sustainable and nutrient-rich.

  • Pharmaceutical and Nutraceutical Use:

    • Mushrooms are gaining traction in the pharmaceutical and nutraceutical industries.
    • Bioactive compounds in mushrooms, such as polysaccharides and antioxidants, are researched for their potential health benefits, including boosting the immune system and fighting inflammation.

Key Trends in the U.S. Mushroom Market

  • Sustainability in Farming Practices:

    • Environmentally friendly practices, such as waste reduction, water conservation, and organic composting, are becoming more common in mushroom production.
    • These practices align with regulatory pressures and consumer demand for eco-conscious food products.

  • Promoting Organic Farming:

    • Agricultural producers are pushing for mushroom farming practices that promote organic methods.
    • Low production costs, high yield potential, and minimal environmental impact make mushrooms attractive for both small and large-scale farmers.

  • Rising Popularity of Functional Mushrooms:

    • Functional mushrooms like reishi, lion’s mane, and shiitake, known for their health-boosting properties, are gaining popularity.
    • These varieties are being used in dietary supplements, health foods, and beverages.

  • Mushroom-Based Meat Substitutes:

    • Mushroom-based meat alternatives are becoming increasingly popular, especially with vegetarian and flexitarian consumers.
    • As consumers look for sustainable alternatives to animal-based proteins, mushroom-based options are expanding.

  • Technological Advancements in Cultivation:

    • Innovations such as indoor vertical farming and automated harvesting processes are improving the efficiency of mushroom farms.
    • These advancements allow farms to meet growing consumer demand without expanding land use.

United States Mushroom Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Mushroom Type:

  • Button Mushroom
  • Shiitake Mushroom
  • Oyster Mushroom
  • Others

Breakup by Form:

  • Fresh Mushroom
  • Canned Mushroom
  • Dried Mushroom
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Grocery Stores
  • Online Stores
  • Others

Breakup by End Use:

  • Food Processing Industry
  • Food Service Sector
  • Direct Consumption
  • Others

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=11283&flag=C

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145

 

 

 

 

 

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