North America Oyster Mushroom Cultivation Market to grow at a 4.1% CAGR by 2030: Size, Share, Growth and Trends

Market Definition

Mushroom cultivation is a method of growing mushrooms that uses plant, animal, and industrial waste. In a nutshell, it is wealth created through waste technology. Because of the value of dietary fibers and proteins, this technology has grown in popularity worldwide. Mushrooms are basidiomycetes, which are fungi. It contains a lot of protein, fiber, vitamins, and minerals. There are over 3000 different kinds of mushrooms. Mushrooms are consumed fresh, canned, frozen, and dried for various purposes.

Data Bridge Market Research analyzes that the North America oyster mushroom cultivation market will grow at a CAGR of 4.1% during the forecast period of 2023 to 2030.

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The North America oyster mushroom cultivation market is growing faster, owing to the multiple health benefits of eating mushrooms and people prefer vegan and plant-based products for meeting their protein and nutritional demands. The growing number of individuals altering their eating habits and embracing a vegan and protein-rich diet is a major element driving the growth of the mushroom industry. However, developing allergies among consumers may hamper the market growth.

Various companies are making strategic decisions, such as launching different mushroom types and acquiring other companies to improve their market share. As a result, the mushroom cultivation market is growing rapidly. The rising consumption of mushrooms will open new opportunities for market growth. In contrast, the availability of substitute products may challenge the market's growth.

North America Oyster Mushroom Cultivation Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:

DRIVERS

Multi-functionality of Oyster Mushroom

Oyster mushrooms contain a lot of protein, Vitamin D, antioxidants, and fiber. They 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. They are in high demand due to their various nutritional and mineral properties.

As a result, the high protein, vitamins, and other nutritional content of oyster mushrooms attract a large number of consumers. The North America oyster mushroom cultivation market is expected to grow as people become more aware of the importance of eating healthy food.

Development in Trends of Plant-Based as well as Vegan Food

The increasing awareness among consumers for consuming plant-based, vegan items is proving to be a significant driving factor for market growth. The plant-based, non-GMO, and clean-label products are proven to be healthy. Health-conscious customers switching towards sustainable food products is increasing the demand for organic and plant-based food items. With this trend, manufacturers produce such products in bulk to generate higher revenues. With this increasing trend of eating organic food, the market is expected to grow.

As a result, the plant-based and vegan food trends are significantly increasing demand for oyster mushrooms. Because of the high demand for such products among consumers, the market is expected to expand significantly.

RESTRAINT

Limited Shelf Life of Oyster Mushrooms

Mushrooms are highly perishable in nature, deteriorating within a day of harvesting due to their high respiration rate and delicate epidermal structure. Their short shelf life can be attributed to fresh mushrooms' high respiratory rate as well as a lack of cuticles to protect them from physical or microbial changes or dehydration. As a result, freshly harvested mushrooms have a limited shelf life.

Mushrooms have a shorter shelf life than most ready-to-eat vegetables due to their rapid respiration rate and lack of a barrier to protect them from water loss or microbial attack. Enzymatic browning occurs when the enzyme tyrosinase comes into contact with its substrate and starts a chain of reactions that results in brown melanin pigments. It will reduce the market value of the product. It is prone to microbial attack. This risk factor in oyster mushroom cultivation can hamper the market growth.

OPPORTUNITY

Rising Demand for Low Calorie and High Protein Food

Nowadays, low-calorie, high-protein diets are in high demand, particularly with the rise in the number of people looking to lose weight and gain lean muscle. An essential macronutrient, protein aids in muscle growth, and recuperation, and keeps full so do not excessively binge. However, not all foods give the body the same amount of protein. Contrary to what people would all believe, not everyone requires the same amounts of proteins. For those trying to lose weight, build lean muscle to support their athletic talents, or increase their stamina in sports, a high-protein diet is necessary. Oyster mushrooms are one of those foods that are high in protein and low in calories, hence they are often included as primary ingredients in vegan sports food items. Thus, by increasing the number of new product launches in the sports and fitness business, opportunities are created.

Opportunities should arise as a result of their immunity-boosting qualities and excellent nutritional and low-calorie values in the food and beverage sector for oyster mushrooms in North America.

Some of the major players operating in the North America oyster mushroom cultivation market are
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.,
Whole Earth Harvest

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North America Oyster Mushroom Cultivation Market Scope

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.

The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

TYPE
Pearl Oyster
Blue Oyster
Phoenix Oyster
Golden Oyster
Pink Oyster
King Oyster

Based on type, the market is segmented into 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
Others

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.

SUBSTRATE PREPARATION TECHNOLOGY
Steam Pasteurization
Hot Water Treatment
Sterilization Technique
Fermentation/Composting
Chemical Sterilization
Others

Based on substrate preparation technology, the market is segmented into steam pasteurization, hot water treatment, sterilization technique, fermentation/composting, chemical sterilization, and others.

PHASE
Composting
Spawning
Casing
Pinning
Harvesting

Based on phase, the market is segmented into Composting, Spawning, Casing, Pinning, and Harvesting.

CATEGORY
Organic
Conventional

Based on category, the market is segmented into organic and conventional.

END USER
Wholesale Traders
Convenience Stores
Hypermarkets/Supermarkets
Grocery Stores
Specialty Stores
Others

Based on end user, the market is segmented into wholesale traders, convenience stores, hypermarkets/supermarkets, grocery stores, specialty stores, and others.

North America Oyster Mushroom Cultivation Markets Regional Analysis/Insights

The North America oyster mushroom cultivation market is analyzed and market size insights and trends are provided based on type, substrate type, substrate preparation technology, phase, category, and end user as referenced above.

The country covered in the North America oyster mushroom cultivation market report is North America.

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