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.

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