Canned Mushroom Market, By Product Type (Button Canned Mushroom, Shiitake Canned Mushroom, Oyster Canned Mushroom, Morel Canned Mushroom, and Others (Portabello)) and By Application (Household and Restaurant), By Region (North America, Europe, Asia Pacific, South America, and Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Canned mushrooms provide nutrients such as protein, vitamins B and vitamin C, fiber, calcium, and minerals. Salt or monosodium glutamate and ascorbic acid are added to these mushrooms to improve their shelf-life. Mushrooms are marketed as fresh, dried, and preserved. Canning is the process of preserving mushroom pieces in butter, brine, oil, vinegar, etc. It involves basic operations such as cleaning, blanching, sterilization, cooling, and labeling.
Increasing consumer preference for healthy and protein-enriched food due to its nutritional value is expected to aid in the growth of the market. Mushrooms are a potential substitute for muscle protein on account of their high digestibility. For instance, according to National Horticulture Board (NHB), protein in mushrooms has high digestibility around 60-70% and it contains amino acids used as a healthy food.A major restraining factor for the growth of the market is the availability of alternatives such as dried and frozen mushrooms.
Market Dynamics
Canned mushroom market in Asia Pacific is expected to witness rapid growth registering the highest CAGR during the forecast period, owing to the growing demand and production of edible mushrooms in emerging economies such as China and India. For instance, according to China Edible Fungi Association (CEFA), edible mushroom production (Dried, salted, and Canned Mushroom) was valued at 11.24 Bn tons in 2021 and expected to reach at 16.03 Bn tons by 2030, representing a CAGR of 4.04%.. By region, North America and Europe held significant market share in the global canned mushroom market. Asia Pacific held a major market share of 35.2% in 2021
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