Canned Mushroom Market Size - By Type (Button Mushrooms, Shiitake Mushrooms, Oyster Mushrooms), By Product Form (Slices, Whole, Pieces and Stems), By End Use (Household, Food Service, Industrial), By Distribution Channel & Forecast, 2024-2032

Canned Mushroom Market Size

Canned Mushroom Market size achieved USD 11.31 billion in 2023 and is projected to grow at 5.1% CAGR from 2024 to 2032, due to increasing consumer demand for convenient and long-lasting food products. As busy lifestyles become more prevalent worldwide, canned mushrooms offer a quick and easy way to incorporate nutritious ingredients into meals without the need for extensive preparation or concerns about spoilage.
 

Additionally, the rising popularity of plant-based diets and the growing awareness of the health benefits associated with mushrooms have further fueled market expansion. Canned mushrooms are rich in vitamins, minerals, and antioxidants, making them an attractive option for health-conscious consumers. The versatility of canned mushrooms in various cuisines and their ability to enhance the flavor and texture of dishes have also contributed to their increasing adoption in both household and food service sectors.
 

One notable instance of growth in the canned mushroom market occurred in September 2021, when Monterey Mushrooms, a leading U.S. mushroom producer, announced a significant expansion of its canned mushroom production capacity. This move was in response to the surge in demand for shelf-stable food products during the COVID-19 pandemic.
 

The company invested in new canning equipment and facilities at its Watsonville, California plant, effectively doubling its production capabilities for canned mushrooms. This expansion not only allowed Monterey Mushrooms to meet the increased consumer demand but also positioned them to capitalize on the growing market opportunities in the canned mushroom sector.
 

The timing of this expansion was particularly strategic, as it coincided with a period of heightened interest in home cooking and pantry stocking, which had become more prevalent due to lockdowns and social distancing measures. By increasing their production capacity, Monterey Mushrooms was able to secure a larger market share and strengthen its position in the competitive canned mushroom industry.
 

The canned mushroom market faces significant challenges from competition with fresh and frozen mushroom alternatives, as well as growing consumer concerns about preservatives and additives. Fresh mushrooms are often perceived as more nutritious and flavorful, appealing to health-conscious consumers and those prioritizing taste. Frozen mushrooms, while also processed, maintain a closer-to-fresh texture and are often seen as a compromise between convenience and quality.
 

Additionally, the increasing awareness and scrutiny of food ingredients have led many consumers to question the use of preservatives and additives in canned products. This trend towards "clean label" foods has put pressure on canned mushroom manufacturers to reformulate their products or risk losing market share to perceived healthier alternatives. Balancing the need for extended shelf life with consumer demands for minimal processing and natural ingredients remains a key challenge for the industry.
 

Canned Mushroom Market Trends

The canned mushroom industry is experiencing several notable trends that are shaping its growth and evolution. There's an increasing focus on organic and all-natural canned mushroom products, catering to health-conscious consumers seeking cleaner labels. Manufacturers are innovating with packaging, introducing easy-open cans and resealable containers to enhance convenience. There's also a growing variety of mushroom types being canned, moving beyond traditional button mushrooms to include exotic varieties like shiitake and oyster mushrooms. Flavor innovations are emerging, with seasoned and marinated canned mushrooms gaining popularity.
 

Additionally, there's a trend towards sustainable practices in production and packaging, appealing to environmentally conscious consumers. The rise of e-commerce has opened new distribution channels, making specialty canned mushroom products more accessible to a wider audience. Lastly, there's an increasing use of canned mushrooms in ready-to-eat meals and food service applications, driven by their convenience and long shelf life.
 

Canned Mushroom Market Analysis

The button mushrooms type segment will capture USD 10.97 billion in 2023 and demonstrate a 2.5% CAGR through 2032, due to several key factors, Button mushrooms are widely popular due to their mild flavor, versatile culinary applications, and broad consumer acceptance across various cultures and cuisines. Their relatively lower production costs compared to exotic mushroom varieties make them more affordable and accessible to a larger consumer base. Button mushrooms also have excellent canning properties, maintaining their texture and flavor well during the preservation process.
 

Additionally, they are rich in nutrients and low in calories, aligning with current health and wellness trends. The familiarity and widespread availability of button mushrooms in both fresh and canned forms contribute to their sustained market leadership. As food manufacturers continue to incorporate these mushrooms into various ready-to-eat products and consumers seek convenient, nutritious options, the button mushroom segment is well-positioned for steady growth in the market.
 

The canned mushroom market from slices form segment will expand to USD 6.06 billion in 2024 and garner a 5.1% CAGR from 2024 to 2032. This growth is primarily driven by the increasing adoption of sliced mushrooms due to their convenience and versatility in cooking. Sliced mushrooms offer ready-to-use convenience, saving time in meal preparation and allowing for easier portion control. They are easily incorporated into a wide range of dishes, from pizzas to salads to stir-fries, making them popular among both home cooks and food service providers.
 

The uniform appearance of pre-sliced mushrooms enhances dish presentation and reduces waste. Additionally, their time-saving benefits make them particularly attractive to the food service industry, including quick-service restaurants. The growing demand for ready-to-eat meals and the ease of storage for sliced canned mushrooms further contribute to the segment's expansion, positioning it as a key driver in the overall market growth.
 

The canned mushroom market segments into three main categories by end use: Household, Food Service, and Industrial. The Household segment represents individual consumers buying canned mushrooms for home cooking, attracted by convenience and extended shelf life. Food Service includes restaurants, cafeterias, and catering services using canned mushrooms as ingredients, valuing their consistency and ease of use. The Industrial segment encompasses food manufacturers incorporating canned mushrooms into ready-to-eat meals, soups, sauces, and other processed foods. Each segment faces distinct drivers and challenges.
 

Household use benefits from increased home cooking trends, Food Service from restaurant industry expansion and demand for convenient ingredients, and Industrial from the growing market for packaged and convenience foods. The growth and market share of these segments vary based on changing consumer preferences, economic conditions, and food industry innovations. This segmentation reflects the diverse applications and market dynamics of canned mushrooms across different sectors of the food industry.
 

The canned mushroom market utilizes diverse distribution channels to reach consumers. Supermarkets and hypermarkets dominate due to their wide product range and high foot traffic. Convenience stores offer quick access for last-minute purchases. Online retailers are gaining prominence, providing convenience and variety. Specialty stores cater to niche markets with gourmet or health-focused options.
 

Other channels, including wholesale and non-traditional outlets, serve specific market segments. This multi-channel approach allows the industry to adapt to varying consumer preferences, shopping habits, and regional differences, ensuring widespread availability and meeting the diverse needs of both individual consumers and businesses in the food service sector.

Asia Pacific canned mushroom market will record 5.3% CAGR during 2024 to 2032. This growth is fueled by a combination of factors, including rapid urbanization, increasing disposable incomes, and changing lifestyles that favor convenient food options. The region's growing awareness of mushrooms' nutritional benefits, coupled with the rising popularity of Western cuisines, is driving demand. Expanding food service and food processing sectors, particularly in China and India, are also contributing to market growth.

Improved canning technologies, wider e-commerce adoption, and the proliferation of modern retail outlets are enhancing product accessibility. Additionally, the shift towards plant-based protein sources aligns well with the nutritional profile of mushrooms. These factors collectively position the Asia Pacific region as a key driver in the market, reflecting the area's dynamic economic development and evolving consumer preferences.
 

Canned Mushroom Market Share

The canned mushroom market is a competitive space with several key players vying for market share. B&G Foods, Inc. is a prominent player in this market, with a portfolio of well-known brands such as Green Giant and Ortega. The company has been a leading producer of canned mushrooms for over 90 years and offers a range of products including sliced mushrooms, mushroom caps, and mushroom pieces.
 

Other notable players in the canned mushroom market include CNC Exotic Mushrooms, Giorgio Fresh Co., and Hirano Mushroom LLC. These companies specialize in producing high-quality mushrooms for both domestic and international markets. CNC Exotic Mushrooms, for example, offers a range of exotic mushroom varieties such as oyster, shiitake, and lion's mane. Giorgio Fresh Co., on the other hand, is known for its fresh and high-quality mushrooms, which are sourced from around the world.
 

Monterey Mushrooms Inc and Muniraj Mushroom Farm are also significant players in the canned mushroom market. Monterey Mushrooms is a leading producer of canned mushrooms in the United States, with a range of products including sliced mushrooms, mushroom caps, and mushroom pieces. Muniraj Mushroom Farm, based in India, exports high-quality mushrooms to various countries around the world. Other notable players in the market include Om Organic Mushroom Nutrition, Pan's Mushroom Jerky, Prochamp, Real Mushrooms, and The Mushroom Company. These companies offer a range of products including organic and specialty mushrooms, making them popular choices among health-conscious consumers.

Canned Mushroom Market Companies

Top companies operating in the canned mushroom industry include:

• B&G Foods, Inc.
• CNC Exotic Mushrooms
• Dhruv Agro
• Giorgio Fresh Co.
• Greenyard
• Hirano Mushroom LLC
• Modernmush
• Monaghan Mushrooms
• Monterey Mushrooms Inc
• Muniraj Mushroom Farm
• OKECHAMP SA
• Om Organic Mushroom Nutrition
• Pan's Mushroom Jerky
• Prochamp
• Real Mushrooms
• The Mushroom Company
   

Canned Mushroom Industry News

• May 2022: B&G Foods, Inc. announces the launch of a new line of organic canned mushrooms under its Green Giant brand, expanding its presence in the organic and natural foods market.
   

• September 2020: Giorgio Fresh Co. acquires a new facility in California to increase its production capacity and meet growing demand for fresh and high-quality mushrooms.
   

The canned mushroom market research report includes in-depth coverage of the industry, with estimates and forecasts in terms of revenue and volume (USD Million) (Kilo Tons) from 2021 to 2032, for the following segments:

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Market, By Product Type

• Button Mushrooms
• Shiitake Mushrooms
• Oyster Mushrooms
• Others (e.g., cremini, portobello, enoki)

Market, By Form

• Slices
• Whole
• Pieces and Stems

Market, By End Use

• Household
• Food Service
• Industrial

Market, By Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Retailers
• Specialty Stores
• Others (e.g., wholesale and non-traditional channels)

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA