Asia Pacific Canned Mushrooms Market

Asia Pacific Canned Mushrooms Market was worth USD XX.XX billion in 2020 and estimated to be growing at a CAGR of X.XX%, to reach USD XX.XX billion by 2026. Mushrooms are the fleshy and edible fruit bodies of several species of macro fungi which are visible to the naked eye. Their nutritional value as well as the medicinal properties of some species are the main reasons for their appeal. With the advent of processed food industry, canned mushrooms were also a major trend.

Mushroom consumption is dependent on personal preferences as mushrooms that are edible for most people can cause allergic reactions in some others, and old or improperly stored specimens can cause food poisoning and digestive disorders. Great care should therefore be taken when eating any fungus for the first time, as well as during the packaging of mushrooms for sale.

The major factors affecting the Canned Mushrooms market is the increasing consumer demand for packaged organic food and changing lifestyles. There is an increasing demand for packaged food in general and technological advancements in mushroom harvesting have also made their consumption much safer. Inspite of these pros, the market is still restrained by the relatively high costs and the fear of consumption of fungal products due to the lack of proper consumer awareness. This is especially a problem in developing and under developed countries.

The Asia Pacific Canned Mushrooms market is broadly classified by Applications into Household, Restaurant and Other Applications and by Type into Button Canned Mushrooms, Shiitake Canned Mushrooms, Oyster Canned Mushrooms and Other Types. Based on geography, the Asia-Pacific market is divided into India, China, South Korea, Japan and Australia. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. In addition to having the highest growth rate, the region also has the third highest market share. The rapid growth of the region can be attributed to the developing stature of countries such as India and China.

The Canned Mushrooms market is highly competitive with a large number of players. Key market players dominating the market with their products are Bonduelle group, Greenyard Foods, Prochamp, Grupo Riberebro, The Mushroom Company, Monterey Mushrooms, Okechamp S.A, Monaghan, Mushrooms Ireland, Muniraj Mushroom Farm, 8Green Giant, Agro Dutch, Dhruv Agro, Tirupati Balaji, Agro Products, Zishan, Tongfa, Green Fresh, Fujian Yuxing, Shandong Champion Foods and Fujian Dongshan Huakang Food.