Global Canned Mushroom Market Will Reach at a Highest CAGR of 8.55 % by 2026

Posted by swamiv on November 1st, 2019

Global canned mushroom market By Product (Button Mushroom, Shiitake Mushroom, Oyster Mushroom, Crimino, Morel, Others), End-Users (Households, Restaurants & Hotels, Schools & Institutions, Others)

Market Analysis: Global Canned Mushroom Market

Global canned mushroom market is expected to register a substantial CAGR of 8.55% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increased demand for canned nutritional foods that can be consumed for a longer period of time after their production.

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Competitive Analysis:

Global canned mushroom market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of canned mushroom market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Canned Mushroom Market

Canned mushroom are mushroom food products are produced from fresh mushrooms that are washed, shaved and packed in a liquid substance mixed with water content, salt and other preservatives. This mixture is packed in a tin-based container that is heat sealed to preserve the food content. This product is useful for longer logistic services. This method also provides longer shelf-life promoting greater reach of the product.

Market Drivers:

•          Significant changes in the lifestyles of individuals resulting in greater consumption of mushroom; this factor is expected to drive the growth of the market
•          Rising incidences of obesity, cardiac disorders cholesterol, diabetes is also expected to foster growth of the market due to the nutritional contents of mushrooms
•          Increased demand for consumer-friendly packed goods is also expected to foster growth in the market

Market Restraints:

•          Presence of alternative mushroom variants is expected to restrict the adoption rate of these products
•          Concerns regarding health disadvantages associated with preservatives; this factor is expected to restrict the growth of the market

Global Canned Mushroom Market Segmentation:

By Product

•          Button Mushroom
•          Shiitake Mushroom
•          Oyster Mushroom
•          Crimino
•          Morel
•          Others

By End-Users

•          Households
•          Restaurants & Hotels
•          Schools & Institutions
•          Others

Key Developments in the Market:

•          In January 2019, New Tiger International Inc announced that they had purchased a USD 4.75 million industrial building located in New York, United States. The 33,500 square foot facility will expand their distribution and processing capacity for a variety of mushroom products.
•          In April 2016, Greenyard announced that they had completed the acquisition of Lutèce

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