According to the published article by ResearchGate, increased consumer demand for fresh oyster mushrooms and the relatively high compensation, which growers receive for the product boosts the demand for mushrooms in the market. The high nutritional value of oyster mushrooms provides them with more demand. Therefore, the North America oyster mushroom cultivation market is estimated to increase rapidly in the near future.
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Data Bridge Market Research analyzes that the North America Oyster Mushroom Cultivation Market is expected to grow at a CAGR of 4.1% in the forecast period of 2023 to 2030 and is expected to reach USD 216.47 million by 2030. The increasing demand for oyster mushrooms as a meat alternative is projected to propel the market growth as the growing trend of veganism and vegetarian diet is prevailing in the region. Consumers prefer meat alternatives with high nutritional content.
Key Findings of the Study
The multi-functionality of oyster mushrooms in the region is expected to drive the market growth rate
Oyster mushrooms contain a lot of protein, Vitamin D, antioxidants, and fiber. The oyster mushrooms have a low calorific value and a high fiber content. They may also lower the risk of developing serious health issues such as Alzheimer's disease, heart disease, cancer, and diabetes. Consumers today prefer foods that are both healthy and easy to consume. In this regard, oyster mushrooms provide a lot of nutrition to the person who consumes them and can be used in a variety of ways and recipes. Oyster mushrooms are in high demand due to their various nutritional and mineral properties.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2021 - 2014)
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Quantitative Units
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Revenue in Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Pearl Oyster, Blue Oyster, Phoenix Oyster, Golden Oyster, Pink Oyster, and King Oyster), Substrate Type (Paddy, Wheat, Ragi, Maize, Sawdust, Sugarcane Bagasse, Millets, Cotton, Citronella, Jute, Cotton Waste, Dehulled Corncobs, Pea Nut Shells, Died Grasses, Sunflower Stalks, Tea Leaf Waste, Discarded Paper Waste, and Others), Substrate Preparation Technology (Steam Pasteurization, Hot Water Treatment, Sterilization Technique, Fermentation/Composting, Chemical Sterilization, and Others) Phase (Composting, Spawning, Casing, Pinning, and Harvesting), Category (Organic and Conventional), End User (Wholesale Traders, Convenience Stores, Hypermarkets/Supermarkets, Grocery Stores, Specialty Stores, and Others).
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Countries Covered
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U.S., Canada, and Mexico
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Market Players Covered
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South Mill Mushrooms Sales, Ostrom Mushroom Farms, Kitchen Pride Mushroom Farms, Mountain View Mushrooms, Farming Fungi, LLC, Kigali Farms, Lambert Spawn., Bluff City Fungi, SKAGIT GOURMET MUSHROOMS, Green Box Mushrooms, Sharondale LLC., Ellijay Mushrooms, Phillips Mushroom Farms, MycoTerraFarm., and Whole Earth Harvest among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis
The North America oyster mushroom cultivation market is segmented into six notable segments based on type, substrate type, substrate preparation technology, phase, category, and end user.
- Based on type, the market is segmented into pearl oyster, blue oyster, phoenix oyster, golden oyster, pink oyster, and king oyster. In 2023, the pearl oyster segment is expected to dominate the market with a market share of 31.97% due to its number of health advantages.
In 2023, the pearl oyster segment in type segment is anticipated to dominate the North America oyster mushroom cultivation Market
In 2023, the pearl oyster segment of this market is expected to dominate the market due to its number of health advantages. Pearl oysters may also strengthen the heart and immune system, facilitate proper blood sugar regulation, and have antioxidant and anti-inflammatory benefits, in addition to being highly nutritious. These qualities serve to develop potential in the pharmaceutical business, which is likely to boost the demand for pearl oysters in the region. The pearl oyster segment is expected to reach a CAGR of 3.7% in the forecast period of 2023 to 2030.
- Based on substrate type, the market is segmented into paddy, wheat, ragi, maize, sawdust, sugarcane bagasse, millets, cotton, citronella, jute, cotton waste, dehulled corncobs, pea nut shells, died grasses, sunflower stalks, tea leaf waste, discarded paper waste, and others. In 2023, the paddy segment is expected to dominate the market with a market share of 16.17% because paddy straw substrate is best for maintaining humidity and temperature for the growth of oyster mushrooms; as a result, mushroom growers will prefer paddy substrate over other substrates.
- Based on substrate preparation technology, the market is segmented into steam pasteurization, hot water treatment, sterilization technique, fermentation/composting, chemical sterilization, and others. In 2023, the steam pasteurization segment is expected to dominate the market with a market share of 31.40% due to an essential component of preserving low pest populations is steam-off, commonly referred to as post-crop pasteurization. This makes it possible to produce high-quality oyster mushrooms with a high market value.
- Based on phase, the market is segmented into Composting, Spawning, Casing, Pinning, and Harvesting. In 2023, the composting segment is expected to dominate the market with a market share of 31.37% as composting with enriched nutrients results in high-quality compost and aids growers in producing nutrient-rich oyster mushrooms.
- Based on category, the market is segmented into organic and conventional. In 2023, the conventional segment is expected to dominate the market with a market share of 83.28% due to the rising need for nutritious food with health supplements.
- Based on end user, the market is segmented into wholesale traders, convenience stores, hypermarkets/supermarkets, grocery stores, specialty stores, and others. In 2023, the wholesale traders segment is expected to dominate the market with a market share of 32.99% as wholesale traders enjoy the benefit of buying from the producers at a very cheap rate.
Major Players
Data Bridge Market Research recognizes the following companies as the major oyster mushroom cultivation market players in North America oyster mushroom cultivation market that include Lambert Spawn, Bluff City Fungi, Whole Earth Harvest, Phillips Mushroom Farms, SKAGIT GOURMET MUSHROOMS., MycoTerraFarm., South Mill Mushrooms Sales, Kitchen Pride Mushroom Farms, Ellijay Mushrooms, Farming Fungi, LLC, Kigali Farms, Sharondale LLC., Ostrom Mushroom Farms, Green Box Mushrooms, and Mountain View Mushrooms among others.
Market Development
COVID-19 Impact Analysis
The uncertainty caused due to the outbreak of the pandemic occurred by COVID-19 in the market has affected the food supply in North America. Most of the agricultural commodity in North America is imported from European and Asian countries. The high dependency on food supply from imports was affected during the pandemic due to restrictions applied on the export of food items. The effects can be seen over the intensity and efficacy of behavioral changes (avoid purchasing) and shifts in spending patterns among North American consumers. The supply of goods and volatile agriculture commodity prices had increased the pressure on the food supply chain of the region. Due to COVID-19, North America had faced a multi-layered crisis disrupting the domestic economy, a collapse in the prices, and supply & demand of the products.
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