The United States canned mushroom market is projected to grow at a CAGR of 2.3% during the forecast period. According to FMI, standard canned mushrooms are dominating the global market with a notable market share, however natural canned mushrooms are expected to see profitable growth rates during the forecast period. The increasing trend towards organic food products will increase the sales of organic canned mushrooms.
NEWARK, Del., June 25, 2024 (GLOBE NEWSWIRE) — The value of the worldwide canned mushroom market is estimated 10,003 million US dollars. Worldwide canned mushroom sales are expected to grow at a CAGR of approx. 3.7% Over the entire assessment period, in total US$14,442 million Till 2034.
Shiitake mushroom sales are expected to be great, with price percentage equal to 32.5% In 2023. The style, affordability and positioning perception of shiitake mushrooms are key to segment expansion.
Certain factors are expected to drive the expansion of canned mushroom trade during the forecast period. These include the increasing demand for comfort food products and the increasing use of canned mushrooms in the HoReCa sector.
The demand for canned mushrooms is continuously increasing across the world. They are an easy and shelf-stable solution to incorporating mushrooms into cooking. Some of the benefits of canned mushrooms are encouraging families and HoReCa businesses to adopt them.
Elements such as busy lives are driving customers to seek convenient, ready-to-cook merchandise. This is acting as a catalyst to drive sales of canned mushrooms and this fashion will likely continue until 2034.
Canned mushrooms provide a time-saving technique for busy families, cafes, eating places, and motels. Increasing consumption of canned mushrooms in these regions is expected to drive growth in gross sales during the review period.
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What are the key trends for the canned mushrooms market?
The increasing need to live a healthy lifestyle has led to greater consumption of processed foods with health benefits. Consumers have recently become more concerned about their nutrition. Shoppers around the world are more likely to eat nutritious food without any side effects. Because canned mushrooms are rich in minerals, nutritional fiber, nutrients, proteins and other nutrients that buyers do not get from alternative food products.
Why is the demand for canned mushrooms emerging in India?
Development of food carrier business to increase demand for canned mushrooms in India
India is considered to be the largest food market in South Asia. With the development of food carrier equipment business, the demand for canned and processed food is increasing. As the leading organic market in South Asia, India is expected to trade in niche options of organically certified canned mushrooms.
The presence of low calories and high protein content in mushrooms is expected to help the canned mushroom market grow during the forecast period. Due to increasing awareness about the health benefits of eating mushrooms, it is expected to grow significantly in India during the forecast period.
Key facts from the Marketplace file:
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The total worldwide market value is estimated US$14,442 million In 2034.
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By product type, the value percentage of shiitake mushroom segment is estimated to be 32.5% In 2024.
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Through Nature, the Natural section is set to stock market percentage 18.5% In 2024.
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China is all set to file CAGR 4.2% Through 2034.
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Gross sales in the US are expected to grow at a CAGR of 2.3% From 2024 to 2034.
“Growing consumer demand for convenient food products is expected to provide a strong boost to the canned mushroom industry during the forecast period. Key players will likely focus on introducing new varieties to capitalize on emerging opportunities. , Nandini Roy ChoudhuryShopper Spouse on Our Marketplace Insights
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Who is successful?
Bonduelle Team, Greenyard NV, B&G Foods Inc., The Mushroom Corporate, Monterey Mushrooms Inc., Dhruv Agro, Prochamp BV, Monaghan Mushroom Ltd. and Shanghai Finac Foods Co. Ltd. are some of the leading canned mushroom producers listed on the file. Creation of unused types with advanced functionalities is becoming a prominent technology for avid gamers globally.
Many companies are implementing advertising and marketing and branding methods to remain relevant in the market. Similarly, strategies such as distribution assurance, partnerships, collaborations, acquisitions, and mergers are becoming widespread among gamers.
Business Update:
Need additional information?
Our Marketplace Insights (FMI), in its untapped supply, provides an independent research of the worldwide canned mushrooms market, presenting historical calls for knowledge (2019 to 2023) and forecast statistics for the period 2024 to 2034.
The study concerned nature (natural and standard), product type (shiitake mushroom, oyster mushroom, and button mushroom), mode (sliced, whole, and pieces and stems), and conformance to end-use software (HoReCa and Contains compelling insights. Retail/Family) in many areas.
Which is the leading software in Canned Mushroom market?
Demand for canned mushrooms is increasing in HoReCa sector
On the basis of end-use software, the retail/family segment is estimated to account for a notable percentage of the worldwide market, although the HoReCa sector is expected to witness profitable expansion during the forecast period.
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Written via:
Nandini Roy Chowdhury (Shopper Partner for Food & Beverage at Our Marketplace Insights, Inc.) has 7+ years of experience in control consulting. She advises business leaders and explores off-the-cuff options and demanding situations. She keeps the processes and working fashions in park to aid her business goals.
She has excellent analytical abilities and often brings concept management to the desk.
Nandini has great functional expertise in key areas, including food ingredients, vitamins and health solutions, animal nutrition and marine nutrients. She is also well-versed in the prescription drug, biotechnology, retail and chemical sectors, where she advises market participants to create impact-driven practices and techniques.
His core experience lies in company expansion strategy, gross sales and advertising and marketing effectiveness, post acquisition and merger integration and value support. Nandini has done MBA in Finance from MIT Faculty of Trade. He also holds a bachelor’s degree in Electrical Engineering from Nagpur College, India.
Nandini has written numerous publications, and has been quoted in magazines including Beverage Trade, Bloomberg and Wine Trade Marketing Advisor.
Discover FMI’s equally ongoing protection of the food and drink sector:
The demand for canned meat is expected to grow at a strong CAGR of 6.8% between 2023 and 2033, with a total valuation of approximately US$25,405.5 million by 2033.
The canned fruits market is projected to sign on at a moderate pace CAGR of 1.9% during the forecast period and is recently valued at US$ 9.95 billion in 2023.
The canned seafood market size is expected to exceed US$48.2 billion in the subsequent decade. Between 2023 and 2033, the market is more likely to sign a CAGR of 3.7%.
The overall invert sugar market size is projected to total USD 2.1 billion in 2024 and growing at a CAGR of 4.6% during the review period. World gross sales are expected to total US$3.3 billion by 2034.
The natural cane sugar market size is projected to grow from US$8,796.7 million in 2024 to US$13,753 million by 2034.
The packaged alcoholic beverages market size is estimated to be US$20,411.6 million in 2024. The market valuation is estimated to be US$92,401.1 million by 2034.
The pre-mixed/RTD alcoholic beverages market is estimated to be valued at US$35,321.40 million in 2024. The week to market from 2024 to 2034 is expected to be standard with a CAGR of 4.8%.
The algae-based supplements market dimension is projected to grow from US$2,365.3 million in 2024 to US$4,804.5 million by 2034.
The worldwide mezcal market is projected to attain a valuation of US$635 million by 2024. During the forecast period, gross sales of mezcal are set to grow at a CAGR of 14.2%.
The worldwide brain condition supplements market size is projected to reach US$15,180 million by 2034, growing from US$8,200 million in 2024.
About Our Marketplace Insights (FMI)
Our Marketplace Insights, Inc. (ESOMAR Licensed, Stevie Award Recipient and Member of the Larger Brand New York Chamber of Trade) trades in-depth insight into the riding elements that are driving demand available in the market. FMI is a leading international supplier of market knowledge, advisory products and services, consulting and opportunities to the packaging, food and beverage, consumer era, healthcare, trade and chemical substances markets. With a vast workforce of over 400 analysts internationally, FMI provides international, regional and local experience on a variety of domain names and business trends across over 110 international locations.
Touch FMI:
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