Global Canned Mushroom Market is expected to foresee significant growth. North America to lead the growth!
Global Canned Mushroom market expected to grow at a CAGR of around 5 % during the forecast period (2021-2027). As mushroom is a rich source of various nutrients and proteins such as vitamin C, vitamin B, fiber, calcium, and minerals. Therefore, surging prevalence of diseases, such as obesity is rising the health consciousness among consumer which in turn has shifted the preference of consumers toward canned mushrooms.
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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.
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.
Based on type, the canned mushroom market is segmented into white button mushroom, cremini mushroom, portobello mushroom, oyster mushroom, chanterelle mushroom and others. The 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.
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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/hypermarket showcased wide range of product under one roof which increase the availability of the product coupled with effective discounts and offers which in turn would escalate the market demand for canned mushrooms.
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For a better understanding of the market adoption, report provide detailed analysis for major region and countries including North America (US, Canada, Rest of North America), Europe (Germany, UK, Spain, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of 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.
Some of the major players operating in the market include 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&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.
Global Canned Mushroom Market Segmentation
Market Insight, by Type
- White Button Mushroom
- Cremini Mushroom
- Portobello Mushroom
- Oyster Mushroom
- Chanterelle Mushroom
- Departmental Store
Market Insight, by Application
- Foodservice Industry
Market Insight, by Region
- North America Canned Mushroom Market
- United States
- Rest of North America
- Europe Canned Mushroom Market
- United Kingdom
- Rest of Europe
- Asia-Pacific Canned Mushroom Market
- Rest of Asia-Pacific
- Rest of World Canned Mushroom Market
Top Company Profiles
- B&G FOODS, INC.
- Giorgio Fresh Co.
- The Mushroom Company
- Monterey Mushrooms
- Muniraj Mushroom Farm
- Dhruv Agro
- American Garden
- Libby’s Brand Holding
- Amish Country Store