The global canned mushroom market is expected to post a CAGR of over 8% during the period 2019-2023, according to the latest market research report by Technavio
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The global canned mushroom market is expected to post a CAGR of over 8% during the period 2019-2023. (Graphic: Business Wire)
Mushrooms contain conatin selenium and are high in antioxidants. Selenium helps in combating cancer by detoxifying cancer-triggering compounds in the body. It also plays a crucial role in liver enzyme function, decreases tumor growth, and prevents inflammation. In addition to selenium, mushrooms also contain Vitamin C, fiber, and potassium which helps in maintaining cardiovascular health. Moreover, mushrooms are also rich in insoluble dietary fibers that are in high demand from people suffering from obesity, cholesterol, and coronary heart disorders.
As per Technavio, the increasing popularity of vegan diet will have a positive impact on the canned mushroom market and contribute to its growth significantly over the forecast period. This global canned mushroom market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
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Global canned mushroom market: Growing popularity of vegan diet
The recent years witnessed a considerable increase in the number of people adopting veganism. With growing awareness about the benefits of the adoption of vegan foods such as better heart health and reduced obesity risk, the adoption of veganism will further increase in the coming years. This will subsequently drive the demand for canned mushrooms.
"The increasing popularity of vegan diet is inducing foodservice establishments to add various options to their menus to cater to the demand from vegan customers. The emergence of a number of startups that promote veganism and celebrity endorsements for vegan diets will also increase the popularity of veganism," says an analyst at Technavio.
Global canned mushroom market: Segmentation analysis
This market research report segments the global canned mushroom market by product (canned button mushroom, canned shiitake mushroom, canned oyster mushroom, and other canned mushroom) and geographical regions (APAC, Europe, MEA, North America, and South America).
The canned button mushroom segment held the largest market share in 2018, and it is expected to continue its dominance in the global canned mushroom market throughout the forecast period.
Europe led the market in 2018 with a market share of nearly 37%. This region is expected to dominate the market through 2023. However, there will be a decrease in its market share.
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Market Landscape
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Market Sizing
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- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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