The Canned Mushroom Market is being driven by Growing need for convenience foods owing to hectic lifestyles
The Canned Mushroom Market is expected to grow at a CAGR of 8.1% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2073.5 million. In response to the growing consumer preference for chemical-free canned foods, manufacturers are prioritizing advancements in canning technology. Several prominent brands, such as Conagra Brands and The Hain Celestial Group Inc. (Hain Celestial), have adopted BPA-free containers for their canned food product lines. These companies provide a selection of items in these alternative cans, which typically feature polyester-based coatings. The quest for BPA-alternatives has spurred the development of novel can coating technologies. For instance, Soy-PK Reactive Oligomer Cross-Linker, a groundbreaking innovation by researchers and the Ohio Soybean Council, is poised to replace BPA as a can coating solution. This new technology offers a viable alternative to the toxic chemical, aligning with consumer demands for safer and healthier food options.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
170 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.1% |
Market growth 2024-2028 |
USD 2073.5 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
7.3 |
Key countries |
US, The Netherlands, China, UK, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Canned Mushroom Market encompasses various aspects, including composting methods, pasteurization techniques, and spawn production methods. Casing layer management, harvesting techniques, and storage conditions are crucial for product quality. Packaging materials, distribution networks, and food safety regulations ensure consumer safety. Waste management strategies, energy efficiency measures, and water usage optimization promote sustainability. Substrate recycling methods, spore dispersal patterns, mycelial network development, and enzyme activity measurement enhance productivity. Nutrient uptake efficiency, growth chamber design, automated control systems, sensor technologies, data acquisition systems, process optimization techniques, cost reduction strategies, and yield prediction models contribute to industrial efficiency.
The canned mushroom market is a segment of the global packaged foods and meats industry, encompassing businesses engaged in mushroom cultivation, substrate preparation, spawn running, and fruiting body development for canned mushroom production. Technavio's market analysis calculates the market size based on the consolidated revenue of these entities. This market excludes food processing equipment manufacturers and packaged alcoholic and non-alcoholic beverages producers. The canned mushroom market expansion will be influenced by the increasing consumer preference for minimally processed foods, which offer health benefits such as rich nutrient content in potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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