North America Frozen Mushrooms Market Size, Share & Trends Analysis Report By Application (Food Service Industry and Household), By Types (Shiitake, Button, Oyster, and Others), By Country and Growth Forecast, 2024 - 2031
The North America Frozen Mushrooms Market would witness market growth of 4.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 4,781.3 tonnes, showcasing a growth of 18.1% (2020-2023).
In the Market, the food service industry plays a pivotal role as a significant application area. This sector includes restaurants, hotels, catering services, and institutional food providers that rely on these mushrooms for their culinary offerings. These mushrooms offer several advantages for food service operations, including extended shelf life, consistent quality, and ease of use. Thus, the US market consumed 4,189.55 tonnes of this mushroom in 2023.
The US market dominated the North America Frozen Mushrooms Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $123,197.6 Thousands by 2031. The Canada market is experiencing a CAGR of 6.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6% during (2024 - 2031).
In the past decade, the market has grown steadily as a result of the growing reach of distribution networks, advancements in food storage technology, and evolving consumer preferences. Mushrooms, long celebrated for their unique flavor, nutritional benefits, and culinary versatility, have found a significant place in the frozen food sector. The convenience of frozen mushrooms, which require no cleaning or slicing and have a long shelf life, appeals to many consumers, from busy households to high-volume food service providers.
Mushrooms are integral to numerous cuisines, valued for their distinct umami flavor and health benefits. They are abundant in essential nutrients, including potassium, vitamins B and D, and antioxidants, and are fat-free. Additionally, they are low in calories. This nutritional profile makes mushrooms a sought-after ingredient for health-conscious consumers and those looking to diversify their diet with plant-based options. The demand for mushrooms, including preserved varieties, has increased as a result of the increasing awareness of these health benefits.
The rising demand for frozen mushrooms in Mexico can be attributed to the growing urban population and the increasing influence of international cuisines. The National Institute of Statistics and Geography (INEGI) notes that over 80% of Mexicans live in urban areas, where busy lifestyles and limited time for meal preparation make convenient food options more appealing. Additionally, the popularity of global cuisines, particularly Asian and Mediterranean dishes that frequently use mushrooms is rising in Mexico. This cultural transition is bolstered by the expanding middle class, which has a greater amount of disposable income to invest in a variety of nutritious food options. Thus, the region will present lucrative opportunities for market growth.
Based on Application, the market is segmented into Food Service Industry and Household. Based on Types, the market is segmented into Shiitake, Button, Oyster, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- OKECHAMP S.A.
- Costa Group Holdings Limited
- Big Mountain Foods
- McCain Foods Limited
- Monterey Mushrooms, LLC
- Bonduelle S.A.
- Monaghan Mushrooms
- Scelta Mushrooms
- South Mill Mushrooms Sales, Inc. (The Mushroom Company)
- Phillips Mushroom Farms
North America Frozen Mushrooms Market Report Segmentation
By Application (Volume, Tonnes, USD Million, 2020-2031)
- Food Service Industry
- Household
By Types (Volume, Tonnes, USD Million, 2020-2031)
- Shiitake
- Button
- Oyster
- Others
By Country (Volume, Tonnes, USD Million, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America