The Asia Pacific Frozen Mushrooms Market would witness market growth of 5.7% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 5,530.2 tonnes, showcasing a growth of 19.1% (2020-2023).
Shiitake mushrooms, a prominent variety in the Frozen Mushrooms Market, are renowned for their rich umami flavor and meaty texture. Originating from East Asia, shiitake mushrooms are cultivated on logs or sawdust and are highly valued for their culinary and medicinal properties. When frozen, shiitakes retain their robust flavor, making them a popular choice for both home cooks and professional chefs. Thus, the Chinese market consumed 345.66 tonnes of shiitake mushrooms in 2023.
The China market dominated the Asia Pacific Frozen Mushrooms Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $39.70 millions by 2031. The Japan market is registering a CAGR of 5.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6.5% during (2024 - 2031).
Expanding distribution channels has further boosted the accessibility and availability of these mushrooms. The inclusion of these mushrooms in the product offerings of retail chains, supermarkets, and online grocery stores has become more prevalent, thereby facilitating their accessibility to a broader public. Technology-savvy and younger consumers who favor digital purchasing experiences have also been introduced to these mushrooms by the proliferation of online grocery shopping.
The integration of these mushrooms into the product lines of health food stores and specialty grocery stores has also contributed to their increased availability. These stores cater to health-conscious consumers who prioritize nutritious and wholesome food options. By including these mushrooms in their offerings, these stores meet the demand for convenient, healthy ingredients that align with consumers' dietary preferences.
The rising demand for these mushrooms in India is propelled by increasing urbanization, a growing middle class, and the influence of global culinary trends. The World Bank reports that urbanization in India reached approximately 36% in 2023, with a rapidly expanding middle class that seeks convenient and healthy food options. These mushrooms provide a solution for time-pressed urban consumers who want to incorporate nutritious ingredients into their meals. The Indian Council of Agricultural Research (ICAR) emphasizes the health benefits of mushrooms, including their high protein and fiber content, which resonates with health-conscious consumers. The popularity of international cuisines in India, such as Chinese, Italian, and continental dishes that often use mushrooms, further drives the demand for frozen varieties. Hence, the regional market is expected to grow rapidly in this region.
Based on Application, the market is segmented into Food Service Industry and Household. Based on Types, the market is segmented into Shiitake, Button, Oyster, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Shiitake mushrooms, a prominent variety in the Frozen Mushrooms Market, are renowned for their rich umami flavor and meaty texture. Originating from East Asia, shiitake mushrooms are cultivated on logs or sawdust and are highly valued for their culinary and medicinal properties. When frozen, shiitakes retain their robust flavor, making them a popular choice for both home cooks and professional chefs. Thus, the Chinese market consumed 345.66 tonnes of shiitake mushrooms in 2023.
The China market dominated the Asia Pacific Frozen Mushrooms Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $39.70 millions by 2031. The Japan market is registering a CAGR of 5.2% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 6.5% during (2024 - 2031).
Expanding distribution channels has further boosted the accessibility and availability of these mushrooms. The inclusion of these mushrooms in the product offerings of retail chains, supermarkets, and online grocery stores has become more prevalent, thereby facilitating their accessibility to a broader public. Technology-savvy and younger consumers who favor digital purchasing experiences have also been introduced to these mushrooms by the proliferation of online grocery shopping.
The integration of these mushrooms into the product lines of health food stores and specialty grocery stores has also contributed to their increased availability. These stores cater to health-conscious consumers who prioritize nutritious and wholesome food options. By including these mushrooms in their offerings, these stores meet the demand for convenient, healthy ingredients that align with consumers' dietary preferences.
The rising demand for these mushrooms in India is propelled by increasing urbanization, a growing middle class, and the influence of global culinary trends. The World Bank reports that urbanization in India reached approximately 36% in 2023, with a rapidly expanding middle class that seeks convenient and healthy food options. These mushrooms provide a solution for time-pressed urban consumers who want to incorporate nutritious ingredients into their meals. The Indian Council of Agricultural Research (ICAR) emphasizes the health benefits of mushrooms, including their high protein and fiber content, which resonates with health-conscious consumers. The popularity of international cuisines in India, such as Chinese, Italian, and continental dishes that often use mushrooms, further drives the demand for frozen varieties. Hence, the regional market is expected to grow rapidly in this region.
Based on Application, the market is segmented into Food Service Industry and Household. Based on Types, the market is segmented into Shiitake, Button, Oyster, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- OKECHAMP S.A.
- Costa Group Holdings Limited
- Big Mountain Foods
- McCain Foods Limited
- Monterey Mushrooms, LLC
- Bonduelle S.A.
- Monaghan Mushrooms
- Scelta Mushrooms
- South Mill Mushrooms Sales, Inc. (The Mushroom Company)
- Phillips Mushroom Farms
Market Report Segmentation
By Application (Volume, Tonnes, USD Million, 2020-2031)- Food Service Industry
- Household
- Shiitake
- Button
- Oyster
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Frozen Mushrooms Market by Application
Chapter 5. Asia Pacific Frozen Mushrooms Market by Types
Chapter 6. Asia Pacific Frozen Mushrooms Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- OKECHAMP S.A.
- Costa Group Holdings Limited
- Big Mountain Foods
- McCain Foods Limited
- Monterey Mushrooms, LLC
- Bonduelle S.A.
- Monaghan Mushrooms
- Scelta Mushrooms
- South Mill Mushrooms Sales, Inc. (The Mushroom Company)
- Phillips Mushroom Farms
Methodology
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