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Canned Mushroom Market Competitive Analysis with Leading Market Players - 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
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.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.
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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.
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.
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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