Canned Mushroom Market: Current Analysis and Forecast (2021-2027)

Canned Mushroom Market: Current Analysis and Forecast (2021-2027)

Global canned mushroom market expected to grow at a CAGR of around 5 % during the forecast period (2021-2027). The canned mushroom market is growing at a significant rate in the past few years and expected to follow the same growth in the forecasted period as well. It is mainly owing to the increasing demand for nutritional processed food, coupled with shifting consumer preference for healthy food products. Furthermore, advancement in packaging technologies to enhance the shelf life of the product is a key driving factor.

Moreover, mushroom has anti-aromatase activity, which inhibit aromatase enzyme. Aromatase enzyme produces carcinogenic agent called estrogen, which stimulates growth of the hormone-receptor-positive breast cancer cells. Hence, with various health benefit associated with the consumption of mushroom expected to increase its demand in the future as well.

The coronavirus pandemic declared as public health emergency worldwide by World Health Organization (WHO). Government across nations implemented lockdown and ban on travelling, shutdown of manufacturing industries, commercial activities this had severely disrupted the supply chain.

The canned mushroom market had also witnessed the negative impact of the virus owing to the disruption in the supply chain and shortage of raw material due to shutdown of the manufacturing industry, export and import ban for few months had severely impacted the market size of canned mushroom.

B&G FOODS, INC., Giorgio Fresh Co., The Mushroom Company, Monterey Mushrooms, Muniraj Mushroom Farm, Dhruv Agro, American Garden, Prochamp, Libby’s Brand Holding, Amish Country Store. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst type, white button mushroom segment holds the major share”

Based on type, the canned mushroom market is segmented into white button mushroom, cremini mushroom, portobello mushroom, oyster mushroom, chanterelle mushroom and others. The white button mushroom segment catered significant demand in canned mushroom market owing to easy availability of this type of mushroom in every season in the year.

“Amongst distribution channel, supermarket/hypermarket segment holds the major share”

Based on distribution Channel, the canned mushroom market is segmented into supermarket/hypermarket, departmental store, direct, online, others. The supermarket/hypermarket segment holds the considerable market share. As supermarket and hypermarket showcased wide range of product under one roof which increase the availability of the product coupled with effective discounts and offers which in tun would escalate the market demand for canned mushrooms.

“Amongst application, household segment holds the major share”

Based on application, the canned mushroom market is bifurcated into foodservice industry and household. The household segment caters extensive share in the canned mushroom market. It is mainly due to the growing working population resulted in hectic working schedule has surged the demand for ready-to-cook food, which is driving the market for canned mushrooms.

“North America represents one of the extensive market share in Global Canned mushroom Market”

For a better understanding of the market dynamics of the global canned mushroom market, a detailed analysis was conducted for different regions including Asia Pacific, North America, Europe, and Rest of the World. North America holds the extensive market share predominantly due to high production and consumption of processed mushroom in the region, and this is expected to positively impact canned mushroom market.

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• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.