PUBLISHER: Grand View Research | PRODUCT CODE: 1553614
PUBLISHER: Grand View Research | PRODUCT CODE: 1553614
The global canned mushroom market size is anticipated to reach USD 13.43 billion in 2030 and is projected to grow at a CAGR of 5.8% from 2024 to 2030. Increasing demand for convenient food is a key factor driving the demand for canned mushroom over the forecast period. In addition, increasing consumption in India, China, and Japan is expected to provide growth opportunity for the market from 2024 to 2030.
Increasing consumption of shiitake mushroom in Japan, China, and other Asian countries is expected to drive the market over the forecast period. Moreover, growing popularity of mushroom among the vegan population is a key factor driving the demand for shiitake products.
Shifting consumer preference for healthy and nutritional food is expected to fuel demand over the forecast period. Restaurants are expected to expand at the fastest CAGR of 6.15% in the forecasted period. Growing popularity of Chinese and Japanese food and soup is a key factor driving the demand for canned mushroom in restaurants over the forecast period.
Asia Pacific dominated the global market and is expected to maintain its lead throughout the forecast period. Hectic working schedule has increased the demand for convenient food and ready-to-cook food. This trend has resulted in increasing demand for nutritional and healthy food, which, in turn, necessitated product launches in the region. Such factors are expected to increase the scope for the global market in the coming years.
The market is driven by increasing consumption of packed food. Hectic working schedule has increased the demand for convenient food products. Moreover, changing lifestyle and eating habits resulted in increasing demand for nutritious food, and thus fueling the demand for the global market over the forecast period.
Key players operating in the market include Bonduelle Group; Giorgio Fresh Co.; and B&G Foods, Inc.; Costa Group.; Monterey Mushrooms, Inc.; OKECHAMP S.A.; Prochamp; THE MUSHROOM COMPANY; Shanghai Finc Food Co., Ltd.; and Dhruv Agro.