The mushroom production in Canada for the year 2024 is forecasted at 158.18 thousand metric tons, showing a consistent increase over the forecast period to 167.67 thousand metric tons in 2028. In 2023, the actual production stood at 155.8 thousand metric tons. The year-on-year percentage variations depict a steady growth: 2024 (+1.53%), 2025 (+1.52%), 2026 (+1.48%), 2027 (+1.45%), and 2028 (+1.42%). Over the last two years, the average annual growth rate (CAGR) is approximately 1.48%.
Future trends to watch for:
- Technological advancements in mushroom farming.
- Growth in consumer demand for plant-based products.
- Impact of climate change on mushroom yield.
- Expansion into global markets.