Frozen Mushrooms Market Size, Share, Growth, and Industry Analysis, By Type (Button Mushrooms, Shiitake Mushrooms, Oyster Mushrooms and Others), By Application (Household, Food Service and Others), Regional Insights and Forecast to 2031

Updated On: 29 April 2024

FROZEN MUSHROOMS MARKET REPORT OVERVIEW

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The global frozen mushrooms market size was USD 396.5 million in 2019 and the market is projected to touch USD 523.4 million by 2026, exhibiting a CAGR of 4.0% during the forecast period.

Fungi that have been preserved by freezing include frozen mushrooms. They are available in most supermarkets pre-packaged and are frequently used as an ingredient in a variety of recipes and cultures. Although frozen mushrooms come in a variety of forms, button, shiitake, and oyster mushrooms are the most often available varieties. Every variety has a unique flavor that may enhance any dish because to its distinctive taste and texture. One of the most adaptable ingredients for both cooked and raw recipes is frozen mushrooms. For a robust supper, they may be added to soups, stews, and casseroles; alternatively, they can be used as a light snack in salads and sandwiches.

COVID-19 Impact: Increased Demand for Frozen Foods and Home Cooking Trend in the Phase of COVID-19 Emphasized the Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Lockdowns and travel restrictions resulted in a spike in demand for packed and frozen goods as people looked for more handy and long-lasting solutions. The market for frozen mushrooms may have profited from this development. The frozen mushrooms industry may have seen changes in customer behavior, such as a rise in home cooking and a preference for frozen and shelf-stable goods.

LATEST TRENDS

"Increased Investment in Smart Automation for Mushroom Production to Refurbish the Market Growth"

An estimated one-third of all production costs go toward labor in the rapidly expanding field of edible fungus cultivation. Many corporations and industry associations have been inspired to invest in automated procedures for their processing facilities as a result. In 2020, the edible fungus manufacturing and consultancy company Panbo Systems BV constructed a next-generation production facility that employs robots and advanced control systems to move pickers away from growth areas and increase productivity by over 300%. This innovative system will use robot trucks to help with choosing, filling, and emptying the growing racks along with cameras to track growth. By improving crop fields and picking efficiency, this raises yields and lowers costs.

FROZEN MUSHROOMS MARKET SEGMENTATION

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By Type

Based on type the global market can be categorized into button mushrooms, shiitake mushrooms, oyster mushrooms and others.

• Button Mushrooms: The most prevalent kind of mushroom is button mushroom. Both their crown and stalk are white. Since button mushrooms have a moderate flavor, they are frequently utilized in dishes. Button mushrooms are an excellent source of potassium and vitamin B. Antioxidants included in them can also strengthen your immune system. Button mushrooms don't have much fat or calories. Button mushrooms provide just 22 calories and 0 grams of fat per cup. Button mushrooms are a healthy option for anybody attempting to maintain or reduce weight.
• Shiitake Mushrooms: One kind of mushroom that's frequently used in cooking is the shiitake mushroom. They taste deep and earthy and have a beefy texture. The majority of supermarket stores carry both fresh and dried shiitake mushrooms. As a protein source, they are also well-liked by vegans and vegetarians. Antioxidants and vitamins B and D are abundant in shiitake mushrooms. Add shiitake mushrooms to soups, stews, pasta dishes, and stir-fries, among other recipes. They can also be served as a side dish on their own or added to stuffing. In addition to being low in calories, shiitake mushrooms are a wonderful source of fiber and protein.
• Oyster Mushrooms: One kind of edible fungus that grows in bunches on trees or woody debris is the oyster mushroom. Their oyster-shaped caps give them their name, and their taste is somewhat sweet. Iron, potassium, and vitamin D are among the many minerals that oyster mushrooms provide. They contain anti-inflammatory qualities and are an excellent source of antioxidants. An adaptable item, oyster mushrooms work well in sauces, stir fries, soups, and stews. In addition, they can be sautéed, roasted, or grilled. Oyster mushrooms resemble flesh in texture when cooked; they are chewy.

By Application

Based on application the global market can be categorized into household, food service and others.

• Household: In the home, frozen mushrooms are utilized in a variety of recipes. Cream of mushroom soup, filled mushrooms, and mushroom soup are a few of the well-liked recipes. Due to their flavor and nutritional content, they are frequently incorporated to pizza, spaghetti, and other foods. Furthermore, frozen mushrooms can be added to or utilized as a stand-alone component in a variety of recipes. Another excellent source of fiber that is helpful for the digestive system is frozen mushrooms. They don't contain any cholesterol and are minimal in calories and fat. B vitamins, potassium, selenium, and vitamin D are all abundant in frozen mushrooms. Additionally, they contain some antioxidants that aid in defending the body from illness.
• Food Service: In food service, frozen mushrooms are frequently employed. They are used to improve the flavor and nutritional content of a variety of foods. Salad, pasta, soup, rice, pizza, and soup are a few of the common foods that comprise frozen mushrooms. They enhance the dish's appearance and offer texture in addition to flavor. You may use frozen mushrooms in vegetarian recipes in place of meat.

DRIVING FACTORS

"Rising Health Consciousness and Consumer Focus on Healthy Eating to Drive the Market Growth"

Global market development is expected to be driven by growing consumer demand for meals that are high in nutrients and low in fat and cholesterol. Its inclusion in dietary supplements has increased because it contains fiber and digestive enzymes that support immune and intestinal health. The demand in cafeterias, restaurants, and hotels is rising due to the quickly expanding food service industry. By incorporating fungus powders into soups, smoothies, and sauces, edible fungi can also offer nutritional and physiological benefits. Its growing popularity as a meat alternative and the growing number of vegans are anticipated to propel the market's expansion in the years to come.

"Convenience, Long Shelf Life and Year Round Availability to Intensify the Market Growth"

Because frozen mushrooms are already cleaned, chopped, and ready to use, they are convenient. In addition, their shelf life is greater than that of fresh mushrooms, which makes them a practical choice for customers who wish to keep mushrooms on hand but don't want to worry about them going bad. Frozen mushrooms are always available, unlike fresh mushrooms, which could only be available during certain seasons. Regardless of the season, this accessibility helps to sustain consumer demand for and access to mushrooms.

RESTRAINING FACTOR

"High Operational Cost in Cultivation and Allergic Responses to Crumble Up the Market Growth"

The production of mushrooms requires a great degree of administrative skill and engagement. Extra care is needed to provide outputs that are reliable and high-quality. Light, temperature, and humidity all have a significant impact on them. Pest animals and insects can pose serious issues for farmers, particularly in the field. Because some insects, like fungus gnats, flourish under similar conditions and increase production costs, pest management becomes essential. Its high yields and brief production cycles also shorten harvest windows, which restricts output volume. Additionally, it is anticipated that allergic reactions during the oyster variety-creation process may restrict market growth. However, the issues with allergic concerns and high operational cost to hold back the frozen mushrooms market growth.

FROZEN MUSHROOMS MARKET REGIONAL INSIGHTS

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"The market is primarily segregated into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa."

"North America to lead the Market owing to Greater Consumption and Production "

North American region have the biggest consumption almost half, with the highest frozen mushrooms market share. In terms of value, North America is anticipated to lead the global frozen mushroom market. Another significant market for the production and consumption of several mushroom products, including frozen mushrooms, is the United States.

KEY INDUSTRY PLAYERS

"Notable Market Players Shaping the Market and Contributing in the Market Expansion"

Due to their significant market influence, major market players are essential for understanding consumer preferences and industry dynamics. Because of these big companies' extensive retail networks and online platforms, customers may easily browse through an enormous variety of clothing selections. Due to their strong global presence and well-known brand, which have also strengthened customer loyalty and confidence, product adoption has increased.

List of Market Players Profiled

• Bonduelle Fresh Europe (France)

• Okechamp (Poland)

• SCELTA (The Netherlands)

• Drinkwater's Mushrooms Limited (U.K.)

• Lutece Holdings (China)

• Monaghan Mushrooms (Ireland)

• Costa Group (Australia)

• The Mushroom Company (U.S.)

• Modern Mushroom Farms (U.S.)

• Phillips Mushroom Farms (U.S.)

• Monterey Mushrooms (U.S.)

• Shanghai Finc Bio-Tech (China)

• YUGUAN (China).

INDUSTRIAL DEVELOPMENT

• July 2019: A 40-ounce bag of sliced white mushrooms was presented to the restaurant industry by Monterey Mushrooms. This bigger bag, which is being offered for the first time, increases quality and shelf life.

• June 2019: The Belgorod-based LLC SHOCK frozen vegetable production company's industrial assets have been bought by the Bonduelle Group, according to an announcement.

REPORT COVERAGE

The research provides forecasts for future market expansion in addition to a comprehensive SWOT analysis. It examines a wide range of market classifications, potential uses, and important factors that fuel the market's expansion in order to determine how the industry develops over the next several years. By considering both historical turning points and current trends, the research offers a thorough picture of the market's components and highlights potential growth prospects.