North America Canned Mushrooms Market

North America Canned Mushrooms Market Value & Growth Rate:

The North America Canned Mushrooms Market was valued at US$ XX billion in 2022 and is predicted to grow at US$ XX billion by 2027 with an increasing CAGR of XX% during 2022-2027.

North America Canned Mushrooms Market Scenario:

Mushrooms are high in antioxidants and low in fat and calories, thus they are popular all around the world. Canned mushroom is a processed form of fresh mushroom obtained by chopping, washing, sorting, and storing it in a sealed container or box. Vitamin C, minerals, calcium, proteins, and other nutrients can be found in canned mushrooms.

Mushrooms are high in vitamin C, vitamin B, fibre, calcium, and minerals, among other nutrients and proteins. Furthermore, 70 grammes of raw mushrooms have only 2.3 grammes of carbohydrate and 15 calories, making them a low-calorie food. Furthermore, the mushroom is high in fibres such soluble fibre and beta-glucan. Aside from vitamins and minerals, the substance has been discovered to be high in antioxidants, which may aid in cancer prevention. Because of the numerous health benefits connected with canned mushrooms, demand is likely to increase over the projection period.

Recent Development: 

Lutèce, a manufacturer of canned mushroom products, has been acquired by Greenyard Foods from CNC, a Dutch cooperative.

North America Canned Mushrooms Market Drivers and Restraints:

Canned mushrooms provide a number of benefits, including being low in calories, sodium, fat, and cholesterol, all of which are important for maintaining a healthy immune system and cognitive function. Anti-aromatase activity indicates the fungus prevents the aromatase enzyme from working. The aromatase enzyme produces oestrogen, a carcinogen. Breast cancer cells with positive hormone receptors proliferate faster when this hormone is present. The market for canned mushrooms is likely to grow as a result of this. According to the World Health Organization (WHO), cancer claimed the lives of 8.8 million people worldwide in 2015. The most common malignancies are lung, breast, colon, and prostate. The availability of replacements such as dried and frozen mushrooms, on the other hand, should boost the sector.

The North America canned mushroom market is expected to develop due to the high nutritional content and health benefits connected with its consumption, as well as a longer shelf life because of the presence of ascorbic acid and monosodium glutamate in the product. The presence of low salt and fat content in canned mushrooms may help the immune system and cognitive functioning in the body, which is expected to increase demand for canned mushrooms and so improve their market. Furthermore, during the forecast years, the North America canned mushroom market is expected to benefit from fast changing lifestyles and rising use of processed and packaged foods.

During the projected period, the availability of processed mushroom alternatives such as frozen mushrooms and dried mushrooms may limit the growth of the canned mushroom market. Furthermore, the high price of canned mushrooms, combined with rising customer preference for fresh food products, may have a negative impact on the North America canned mushroom market in the next six years.

Market Segmentation:

By Product Type

• Button Canned
• Oyster Canned
• Shiitake Canned
• Others

Based on product type the button mushroom led the market, accounting for 57.7% of global revenue. This is primarily considered as one of the most widely farmed and consumed mushroom kinds in the world. Previously, production of this kind was limited to the winter season, but because to technological developments, it is now grown virtually all year on small, medium, and big farms. Furthermore, demand for canned button goods is likely to rise as India's output and consumption increases.

During 2022-2027, the shiitake mushroom variety is predicted to grow at the fastest rate of 5.7 percent. In East Asian countries, this type is mostly employed in the creation of various local meals and soups. Moreover, the market for canned shiitake mushrooms is projected to be driven by rising shiitake mushroom consumption in North American countries. Furthermore, rising demand for vegan meals, combined with an increasing vegan population, is a major driver of shiitake canned mushroom demand. Mushrooms have a meaty flavor and texture, and they are predicted to become more popular among vegans over the projection period.

By Application

• Foodservice Industry
• Household
• Others

Based on application, the household segment dominated the market, accounting for 53.9 percent of global revenue. The market for canned mushrooms is being driven by the increased demand for ready-to-cook food as a result of the demanding work schedule. Furthermore, a hectic work schedule has spurred demand for convenient, protein-rich, and healthful foods, one of which is canned mushroom. Furthermore, demand is likely to be fueled by an increase in the usage of mushrooms in various local meals and soups over the projection period.

Moreover, owing to the growing need for processed mushrooms in the foodservice industry, the foodservice industry is predicted to occupy the significant canned mushroom market share. Overall expansion in the global foodservice industry, particularly in developing nations, is expected to increase demand for canned mushrooms in developing countries.

Regional Analysis

The North America Canned Mushrooms Market Report includes the segmentation of countries:

• U.S

• Canada

• Mexico

• Rest of North America

In 2021, North America retained a sizable canned mushrooms market share. Over the projected period, rising awareness of the health advantages of mushrooms is expected to drive demand for canned products. The United States, particularly, is the most important market in North America, accounting for 75.0 percent of total sales in 2018. The increase can be ascribed to rising demand for convenient food products, as well as increased intake of functional foods.

Indirect market growth variables include the mushroom industry's expansion, rising demand for healthy food and beverage items due to an ageing population, and rising personal disposable income. Increasing spending on research and development in order to speed up mushroom farming would boost the canned mushrooms market's growth pace even further in North America.

Impact of COVID-19 on North America Canned Mushrooms Market:

COVID-19 continues to have an impact on food and beverage firms all around the world, from cafe and restaurant entrepreneurs to huge food manufacturers and merchants. Many facilities throughout Asia, the United States, Europe, and the rest of the world have been forced to close due to social isolation, self-isolation, and city closure. Supermarket chains in the United States have begun to impose new policies to discourage panic buying, while suppliers and industrial workers have implemented additional health and safety procedures to assure consumer safety. Businesses are scrambling to adapt their products and services to this new reality, which will undoubtedly shift irreversibly even after we've reversed direction. Restaurants and cafes were on the front lines of the crisis, with several already having to close due to the city's closure or a drop in customs as a result of social isolation. Small firms, in particular, are feeling the effects to a large extent.

Key Players listed in the North America Canned Mushrooms Market

The companies covered in the report:

1. Shanghai Finc Food Co.

2. Costa Group

3. Dhruv Agro

4. Muniraj Mushroom Farm

5. Monaghan Mushrooms

6. The Mushroom Company

7. Prochamp

8. Greenyard

9. Monterey Mushrooms Inc

10. Okechamp SA