The production of fresh mushrooms in Canada saw fluctuations from 2013 to 2023, starting at 120.16 thousand metric tons in 2013 and reaching 137.56 thousand metric tons by 2023. The production growth has varied significantly over the years, with a visible dip in 2015 and marked increases in subsequent years, notably in 2018 and 2019. The year 2023 recorded a year-on-year growth of 2.53%, compared to a -2.63% decline in 2022. The compound annual growth rate (CAGR) over the last five years leading up to 2023 was 1.84%.
Future trends to watch for include:
- An expected steady increase in production, with projections suggesting a CAGR of 1.03% from 2024 to 2028.
- A total anticipated growth rate of 5.24% over the next five years, indicating a positive outlook for the mushroom production sector.
- Potential impacts of technological advancements in agriculture and sustainability practices on production efficiency and yield.
- Market dynamics such as changes in consumer demand, health trends favoring mushrooms, and potential disruptions in supply chains.
