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Canned Mushroom Market

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The global canned mushroom market is expected to reach US$ 12.9 billion by 2025, witnessing a CAGR of 4.6% over the forecast period (2018 – 2025)
Canned Mushroom Market - Size, Share, Trends, and
Forecast to 2026
Canned mushroom are made from fresh mushroom by trimming, washing, and sorting and
stored into sealed container. Specific temperature or heat is provide to these to assure
preservation of the mushrooms. Canned mushrooms contain high quality protein and essential
nutrients, which are an important part of a healthy diet.
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Canned mushrooms provide nutrients ranging from protein, B vitamins and vitamin C, fiber,
calcium, and minerals. Salt or monosodium glutamate and ascorbic acid is added to these
mushrooms to improve its shelf life.
Canned mushroom offer several benefits such as low calories, low-sodium content, fat-free
and cholesterol-free, which is vital for healthy cognitive functions and immune system.
Furthermore, mushroom has anti-aromatase activity, which inhibit aromatase enzyme.
Aromatase enzyme produces carcinogenic agent called estrogen, which stimulates growth of
the hormone-receptor-positive breast cancer cells. Canned mushroom reduces the risk of
developing cancer, which is driving growth of the market. According to the World Health
Organization (WHO), cancer is a leading cause of death worldwide accounting for 8.8
million death cases due to cancer in 2015. The most common cancers are lung, breast,
colorectum, and prostate cancer. However, availability of various alternatives such as dried
and frozen mushrooms are expected to drive growth of the market.
According to a Coherent Market Insights’ study, global canned mushroom market was valued
at US$ 9.7 billion in 2017 and is expected to witness a robust CAGR of 4.6% between 2017
and 2025. This significant growth in the canned mushroom market due to rising consumer
awareness about nutritional value and health benefits of mushroom across the globe.
For instance, according to National Horticulture Board (NHB), protein in mushroom has high
digestibility around 60-70% and it contains amino acids used as a healthy food. Furthermore,
canned mushrooms are available throughout all the seasons of the year. Therefore, this is
another major factor driving growth of the market.
On the basis of product type, button canned mushroom segment is expected to witness
significant growth in the market, due to rising demand for button mushroom in the market.
According to The Agricultural and Processed Food Products Export Development Authority
(APEDA), large scale of white button mushroom production is mainly centred in to Europe,
North America, and Asia Pacific.
For instance, according to Indian Council of Agricultural Research, total mushroom
production in India was valued at 0.13 million tons in 2017 with average growth rate of 4.3%
from 2016. Out of total mushroom production, white button mushroom share was 73%
followed by oyster mushroom (16%), paddy straw mushroom (7%) and milky mushroom
(3%).
North America canned mushroom market was valued at US$ 2.6 Billion in 2017. The U.S.
held major market share in the North America canned mushroom market. High production
and consumption of processed mushroom such as canned mushroom is increasing in North
America and this is expected to positively impact on the total canned mushroom market.
For instance, according to U.S. Department of Agriculture National Agricultural Statistics
(USDA), in the U.S., total mushroom market was valued at US$ 1.2 billion in 2016 with
production of different mushrooms including varieties such as oyster mushrooms and shiitake
grew by 4% from 2015 and reached to 25.4 million pounds with a sales value of US$ 92.6
million in 2016.
Key players operating in the canned mushroom market includes Costa Group, Okechamp
SA., Monterey Mushrooms Inc., Greenyard, Prochamp, The Mushroom Company, Monaghan
Mushrooms, Muniraj Mushroom Farm, Dhruv Agro, and Shanghai Finc Food Co., Ltd.
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Author
apeksha motghare
apeksha motghare455   documents Email
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