Frozen Sweet Corn on cob

Frozen Mushrooms Market

Size, Share & Trends Analysis  

Application (Food Service Industry and Household), By Types (Shiitake, Button, Oyster, and Others), By Regional Outlook and Forecast, 2024 - 2031

 

The Global Frozen Mushrooms Market size is expected to reach $498 million by 2031, rising at a market growth of 5.2% CAGR during the forecast period. In the year 2023, the market attained a volume of 21,951.4 tonnes experiencing a growth of 18.6% (2020-2023).

In numerous Asian cuisines, notably those of China, Japan, and Korea, Frozen Mushrooms are an essential component of a diverse array of dishes, including soups, stir-fries, sauces, and stews. The convenience of these mushrooms, available year-round and not requiring extensive preparation, appeals to the increasingly busy urban population. Consequently, the Asia Pacific region would acquire nearly 30% of the total market share by 2031. Also, the Japan market would consume 422.75 tonnes of oyster mushrooms by 2031.

In recent years, the frozen food industry has witnessed significant technological advancements, particularly in freezing techniques. Moreover, advanced freezing techniques have also contributed to better preservation of the nutritional value and flavor of Frozen Mushrooms. Moreover, advanced freezing techniques have also contributed to better preservation of the nutritional value and flavor of mushrooms.

Additionally, Modern lifestyles, characterized by long working hours, busy schedules, and a growing preference for quick meal solutions, have driven consumers to seek food options requiring minimal preparation time and effort. Moreover, the convenience offered by these mushrooms aligns well with the trend of home cooking and meal kits. Thus, the increased consumer demand for convenience foods is a driving force behind the growth of the market.

However, Fresh mushrooms are often the preferred choice for many consumers due to their perceived superior quality. Canned mushrooms also present a strong competitive edge with their convenience and cost-effectiveness. Hence, the competition from fresh and canned mushrooms presents a challenge to the growth of the market.

 

Frozen Mushrooms Market

 

Application Outlook

On the basis of application, the market is bifurcated into the household and food service industry. The household segment recorded a 30% revenue share in the market in 2023. Also, the segment acquired a volume of 6,444.9 tonnes in 2023. In the household segment, the demand for these Frozen Mushrooms has been driven by the increasing recognition of the nutritional benefits of Frozen Mushrooms and the trend toward plant-based diets and home-cooked meals.

Types Outlook

Based on type, the market is classified into button, shiitake, oyster, and others. The button segment procured 32% revenue share in the market in 2023. Button Frozen Mushrooms, also known as white Frozen Mushrooms, are appreciated for their mild flavor and firm texture, making them a versatile ingredient in many Western cuisines, including salads, pizzas, and pasta dishes.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment witnessed a 36% revenue share in the market in 2023. In North America, consumers are increasingly aware of the health benefits associated with Frozen Mushrooms, including their rich nutritional profile and potential immune-boosting properties.