Canned Mushroom Market Size

Canned Mushroom Market size was valued at USD 9.56 billion in 2023 and is poised to grow from USD 10.05 billion in 2024 to USD 14.96 billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).

Surging demand for convenience and ready-to-eat food products, growing popularity of veganism and plant-based diets, growing use of canned mushrooms in foodservice industry, and rising awareness regarding nutritional value and health benefits of mushrooms are slated to bolster the sales of canned mushroom in the long run.

Consumers around the world are becoming more health conscious and looking to more natural food products, which has led to a hike in the popularity of mushrooms. Mushrooms are rich in vitamins, minerals, and antioxidants, making them a nutritious option for consumers. Growing emphasis on health and nutrition coupled with a high preference for ready-to-eat food products are expected to boost the global canned mushroom market growth in the future. Adoption of busy lifestyles among the urban population is also forecasted to bolster the demand for canned mushrooms and other canned food products.

Rise in popularity of veganism and growing adoption of plan plant-based diets in different parts of the world are also expected to uplift the consumption of canned mushrooms going forward. Booming travel and tourism industry has given rise to business in foodservice establishments, which in turn is also estimated to benefit the demand for canned mushrooms. Restaurants, fast food chains, and catering businesses often prefer canned mushrooms for soups, sauces, pizzas, and other dishes due to their consistency, cost-effectiveness, and long shelf life.

Availability of a wide variety of mushrooms and growing sales of canned mushrooms via e-commerce channels are also slated to offer new business scope for market players. However, high costs of processing, preference for fresh food products, environmental impact of canning process, price sensitivity in developing markets, and competition from frozen and dried mushrooms are anticipated to hurt the sales of canned mushrooms across the forecast period and beyond.

In January 2024, Giorgio Fresh Co., a leading supplier of mushrooms in the United States announced the launch of Everything Seasoned Stuffed Mushrooms. The new launch is an addition to the company’s existing line of gourmet stuffed mushrooms. Garlic Parmesan, Spinach Artichoke, and Imitation Bacon with Cheese are the key flavors offered by Giorgio Fresh for its seasoned mushroom range. The company uses high-quality ingredients to create these premium stuffed mushrooms and offer a gourmet and wholesome experience for its consumers.

In August 2024, North East India’s biggest Oyster mushroom processing plant was launched by Meghalaya Chief Minister Conrad K Sangma. The facility constructed with INR 10 crore is expected to benefit 1,000 farmers in its first phase of operation and is expected to boost mushroom cultivation in the North East region. The new plant is located at Mendipathar in North Garo Hills.

In October 2024, The Fiji Mushroom Association revealed its plans to improve mushroom production in the country to reduce reliance on imports. The association has plans of launching its own brands to provide mushroom products such as pickles, sauces, dried mushrooms, and mushroom powder. The initiative is also expected to focus on increasing the adoption of mushrooms in the food service industry and also exploring export possibilities for the same.

Emphasis on improving the production of mushrooms to provide the same for canning and processing is expected to bolster revenue generation for canned mushroom suppliers. Launching new canned mushroom products for different consumer preferences and tastes can also help companies expand their business scope in the long run. Providing gourmet and premium canned mushroom products to consumers can also help create new opportunities for companies as per this global canned mushroom market analysis.