Canned Mushroom Market Size, Share & Trends Analysis Report By Product (Button, Shiitake), By Application (Household, Restaurants), By Region, And Segment Forecasts, 2019 - 2025

Industry Insights

The global canned mushroom market size was valued at USD 7.3 billion in 2018. Shifting consumer preference towards healthy and protein-rich food is a key factor driving the product demand over the forecast period. Mushroom is a potential alternative for protein supplement due to its high protein content and digestibility. As per studies, 100 grams of mushroom contains 3.1 grams of protein.

Mushroom is a rich source of various nutrients and proteins such as vitamin C, vitamin B, fiber, calcium, and minerals. In addition, 70 grams of raw mushrooms contain 2.3 grams of carbohydrate and 15 calories, thereby making it a low-calorie food. Moreover, the mushroom is a good source of fibers such as soluble fiber and beta-glucan. In addition to vitamins and minerals, the product is found to be a rich source of antioxidants, which may help in cancer prevention. Demand for canned mushrooms is expected to grow over the forecast period owing to various health benefits associated with it.

The global market is expected to witness significant growth owing to 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. In addition, growing demand for white, brown, and porcini mushrooms is expected to fuel demand for the market over the forecast period.

Moreover, the global market is expected to witness significant growth and investment opportunities for players operating in the market, especially in Asia Pacific. Increasing demand for ready-to-cook mushrooms in developed countries such as U.S., Germany, France, Italy, Netherlands, and Canada is expected to provide growth opportunities for canned products over the forecast period.

Product Insights

Button mushroom dominated the market, accounting for 57.7% share of global revenue in 2018. This category is one of the most popular mushroom varieties grown and consumed across the world. The production of this variety in the earlier days was limited only to the winter season, but with advancements in technology, these are produced almost throughout the year in small, medium, and large farms. Moreover, growing production in India, coupled with consumption, is expected to increase demand for canned button products.

Shiitake variety is expected to expand at the fastest CAGR of 5.7% from 2019 to 2025. This variety is mostly used in the preparation of various local dishes and soup in the East Asian countries. Increasing consumption of shiitake mushrooms in Japan, China, and other Asian countries is expected to drive the market for canned products over the forecast period. Moreover, increasing demand for vegan food, coupled with the growing vegan population, is a key factor driving the demand for shiitake canned mushrooms. Mushroom has a meaty flavor and texture, which is expected to gain popularity among the vegan population over the forecast period.

Application Insights

The household segment led the market and held a 53.9% share of global revenue in 2018. The hectic working schedule has resulted in the growing demand for ready-to-cook food, which is driving the market for canned mushrooms. In addition, a hectic working schedule has fueled demand for convenient, protein-rich, and healthy food, canned mushroom being one of them. Moreover, increasing use of mushrooms in various local dishes and soup is expected to fuel demand over the forecast period.

In Germany and other European countries, the mushroom is mostly used in soup and food products to enhance the nutritional content. In addition, increasing consumption owing to various health benefits and protein-rich content is driving the demand for canned mushrooms over the forecast period. This canned product is a rich source of various proteins, vitamins, minerals, and fibers, which provides a low-calorie alternative.

Their flavor is earthy and meaty, especially Portobello and cremini variety. They can be used as a substitute for meat. Increasing demand forvegan food, coupled with a growing population, is expected fuel demand for canned mushrooms in the residential sector. For instance, the vegan population is rapidly growing across the globe. According to studies, in U.K, the vegan population has increased from 150,000 in 2014 to 276,000 in 2016. In addition, the canned mushroom is expected to witness popularity among health-conscious people and obese population owing to its rich protein content. This, in turn, is expected to fuel demand for canned mushrooms over the forecast period.

The restaurants application segment is expected to expand at the fastest CAGR of 5.3% from 2019 to 2025. The use of canned mushrooms in the restaurant and commercial segment is expected to witness significant growth over the forecast period. The growing popularity of Chinese and Japanese food and soup is a key factor driving the demand for canned mushrooms in restaurants over the forecast period.

Regional Insights

Asia Pacific dominated the global canned mushroom market, accounting for 35.2% share of global revenue in 2018. The region is also anticipated to witness the fastest growth in the coming years. Increasing consumption of mushrooms is the main factor driving the regional market over the next few years. Furthermore, the presence of a large number of producers in countries such as China, India, and Japan is anticipated to increase the demand for canned mushrooms over the forecast period.

北美2抱着一个巨大的市场份额018. Growing awareness related to the health benefits of mushrooms is expected to fuel demand for canned products over the forecast period. The U.S. is the largest market in North America, accounting for 75.0% share of the overall revenue in 2018. The growth is attributed to the increasing consumption of functional food, coupled with rising demand for convenient food products.

Canned Mushroom Market Share Insights

The global market is highly competitive in nature. Top players operating in the market include Bonduelle Group; Giorgio Fresh Co.; and B&G Foods, Inc. Some of the other players operating in the market are Costa Group.; Monterey Mushrooms, Inc.; OKECHAMP S.A.; Prochamp; THE MUSHROOM COMPANY; Shanghai Finc Food Co., Ltd.; and Dhruv Agro. Market players are adopting strategies such as mergers and acquisitions to increase product offerings. Moreover, companies are focusing on expanding their production capacity and adopting innovative technologies in order to meet consumer demand for convenient packaging.

ReportScope

Attribute	Details
Base year for estimation	2018
Actual estimates/Historical data	2015 - 2017
Forecast period	2019 - 2025
Market representation	Revenue in USD Million & CAGR from 2019 to 2025
Regional scope	North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors and trends
Country scope	U.S., Germany, U.K., China, India, Chile, and Iran
15% free customization scope (equivalent to 5 analyst working days)	If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

赛格ments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global canned mushroom market report on the basis of product, application, and region:

• Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Button

  • Shiitake

  • Oyster

  • Morel

  • Other

• Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Household

  • Restaurants

• Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America

    • The U.S.

  • Europe

    • 德国

    • U.K.

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Chile

  • Middle East & Africa

    • Iran