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The Frozen Mushrooms Market is estimated to reach $562.5 million by 2028, growing at a CAGR of 5.2% over the forecast period 2023-2028. Adults frequently suffer
from cardiovascular diseases, heart issues and blood pressure issues.
According to the Hearth Organization, 3.48 million people worldwide died from
an ischemic stroke in 2020, 3.25 million people died from an intracerebral
hemorrhage (ICH) and 0.35 million people perished from a subarachnoid
hemorrhage. In 2020, the cerebrovascular disease was estimated to be responsible
for 7.08 million fatalities. Since mushrooms have high potassium and low
sodium content, they are good for the heart, preventing cardiovascular
diseases. They might even provide the market potential for manufacturers, owing to
its antioxidant properties. Additionally, antioxidants included in frozen
mushrooms aid in lowering levels of free radicals in cells, propagating the
frozen mushroom market.
Mushrooms that have
been quickly cooled and frozen in order to preserve their nutritional value are
frozen mushrooms. Frozen mushrooms have a shelf life of roughly 24 months,
however fresh mushrooms do not. There are numerous uses for frozen mushrooms in
both food and health applications. Mushrooms contain the potent antioxidants
glutathione and ergothioneine. Depending on the species, these two antioxidants
can be found in mushrooms in variable amounts.
Frozen Mushrooms Market Drivers:
Growth will be Driven
by Advancements in Smart Automation for Mushroom Production.
A growing industry
that requires a lot of labor, with labor making up around one-third of all
production costs, is the manufacturing of mushrooms. This has encouraged a
number of manufacturers and production industries to make
investments in digitization and automation in their processing facilities. A
mushroom manufacturing company, Panbo Systems BV, constructed a next-generation
production facility in 2020 that combines cutting-edge control systems and
robots to reroute pickers away from growth areas and increase output by more
than 300%. Robot trucks will be used in this cutting-edge system to help with
picking, filling and cleaning the growing racks, as well as cameras to monitor
growth. Optimizing agricultural areas and picking raise yields and
lowers costs. The technology will therefore likely boost output while also
creating new opportunities for the industry in the forecast period 2023-2028.
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Growing Health Awareness would Encourage the Consumption of Foods with High Nutritional Value Driving the Frozen Mushroom Market.
The market expansion
is anticipated to be fueled by rising consumer demand for foods that are high
in nutrients and low in fat and cholesterol. The use of mushrooms in dietary
supplements has increased since they also contain fiber and digestive enzymes
that support digestion and immune health. The demand for mushrooms in hotels,
restaurants and cafeterias is rising as the food service industry grows. The
mushroom powders are being added to sauces, smoothies and soups as they have
health and nutritional benefits. The market is anticipated to develop over the
coming years owing to the rising vegan population and the increasing popularity
of it as a meat alternative. According to a study conducted on health and diet,
the participants in the study demonstrated improvements in their BMI and belly
circumference after being instructed to replace 20% of their meat intake with
mushrooms. The mushroom's rich umami flavor makes it the ideal meat substitute
and a powerful way to reduce fat and calories while enhancing nutrients. The
strong medicinal value of mushrooms and rising public awareness are additional
factors contributing to the market expansion.
R&D Investment:
In October 2021, the first Lion's Mane mushroom product line launched in
North America was produced by Vancouver-based Big Mountain Foods in
collaboration with Sprouts Farmers Market, a pioneer in gut-healthy foods.
Major Players in the Market:
The major companies in the Frozen Mushrooms Market include Bonduelle Fresh, McCain Foods, SCELTA, Beatnic, Lutece Holdings, Monaghan Mushrooms, Costa Group, Denis Vidmar, Monterey Mushrooms, Big Mountain Foods and Others.