Market Forecast By Source (Organic, Conventional), By Type (Oyster Mushrooms, Button Mushrooms, Shiitake Mushrooms), By Form (Dry frozen Mushrooms, Vacuum frozen Mushrooms), By End-Use (Food, Bakeries, Dressing and Salads, Pizzas, Pharmaceutical, Cosmetic and Personal Care, Household), By Distribution Channel (B2B, B2C) And Competitive Landscape
Product Code: ETC127150 | Publication Date: Jun 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Africa Frozen Mushroom Market |
Forecast period | 2024-2030 |
CAGR | 3.8% |
Growing Sector | Food |
South Africa Frozen Mushroom Market report thoroughly covers the market by Source, Type, Form, Distribution Channel, and End-Use. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Africa frozen mushroom market is experiencing significant growth driven by increasing consumer demand for convenient and healthy food options. Additionally, rising awareness about the health benefits of mushrooms, such as their high antioxidant content, is further propelling market expansion.
According to 6Wresearch, South Africa Frozen Mushroom Market size is expected to grow at a significant CAGR of 3.8% during 2024 - 2030. The increasing awareness among consumers of a balanced diet and its overall impact has shifted consumers towards healthier food options. Mushrooms, being low in calories and high in nutrients, have become a popular choice among health-conscious consumers. Frozen mushrooms are also a convenient option for those with busy lifestyles, as they require minimal preparation. With the rise of veganism and vegetarianism around the world, there has been an increasing demand for meat alternatives that offer similar taste and texture.
This increases the demand for frozen mushrooms due to their meaty flavour and texture. The expansion of retail chains in South Africa has made frozen mushrooms easily available to consumers across the country.The production of mushrooms is costly compared to other fruits and vegetables due to their delicate and require specific growing conditions. Frozen mushrooms have a shorter shelf life compared to their fresh counterparts. This can be a challenge for manufacturers and retailers. Despite the nutritional benefits and convenience of frozen mushrooms, there is still a lack of awareness among consumers in South Africa.
One of the major players in the frozen mushroom market in South Africa is Bonduelle, a French multinational company that offers a variety of frozen food products including mushrooms. Another key player is McCain Foods Limited, a Canadian-based company with a strong presence in the South African market. The company specializes in producing and distributing a wide range of frozen food products, including mushrooms. Greenyard Foods is another leading player in the country's frozen mushroom market, offering high-quality frozen vegetables and fruits to consumers. Other noteworthy players in the industry include Nomad Foods Ltd., Agritrade Farms LLC, and Costa Group Holdings Limited.
The South African government has implemented several initiatives aimed at promoting the growth and sustainability of the frozen mushroom industry in the country. These initiatives include providing support for local farmers through subsidies, training programs, and access to technology and resources. The government has also introduced regulations regarding food safety and quality standards for frozen mushrooms, ensuring that consumers have access to safe and high-quality products. In addition, there are ongoing efforts to improve infrastructure and logistics in the country, making it easier for frozen mushroom products to be transported and distributed efficiently. These government initiatives have played a crucial role in supporting the growth of the frozen mushroom industry in South Africa.
The South Africa Frozen Mushroom industry is poised for significant growth in the coming years. This growth can be attributed to several factors, including increasing demand for convenience food products, rising health consciousness among consumers, and the availability of a wide range of frozen mushroom varieties in the market. Additionally, technological advancements in freezing and packaging techniques are expected to further drive market growth in the coming years. Moreover, with the growing trend of plant-based diets, frozen mushrooms are gaining popularity as a healthy and sustainable alternative to meat.
According to Ravi Bhandari, Research Head, 6Wresearch, the Organic Mushroom segment is witnessing rapid growth due to the increasing demand for organic food products and the rising awareness about the benefits of organic farming.
Based on the Type, the Button Mushroom segment is seeing significant growth owing to its widespread use in various food products due to its mild flavour and versatility.
Based on the Form, the Dry Frozen Mushroom segment is experiencing noteworthy growth due to their long shelf-life and ease of use in various recipes.
Based on the End-Use, the use of Frozen Mushrooms in the food sector is rapidly expanding due to their versatility and convenience.
The report offers a comprehensive study of the subsequent market segments:
South Africa Frozen Mushroom |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Frozen Mushroom Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Frozen Mushroom Market Revenues & Volume, 2020 & 2030F |
3.3 South Africa Frozen Mushroom Market - Industry Life Cycle |
3.4 South Africa Frozen Mushroom Market - Porter's Five Forces |
3.5 South Africa Frozen Mushroom Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.6 South Africa Frozen Mushroom Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 South Africa Frozen Mushroom Market Revenues & Volume Share, By Form, 2020 & 2030F |
3.8 South Africa Frozen Mushroom Market Revenues & Volume Share, By End-Use, 2020 & 2030F |
3.9 South Africa Frozen Mushroom Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 South Africa Frozen Mushroom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Frozen Mushroom Market Trends |
6 South Africa Frozen Mushroom Market, By Types |
6.1 South Africa Frozen Mushroom Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 South Africa Frozen Mushroom Market Revenues & Volume, By Source, 2020-2030F |
6.1.3 South Africa Frozen Mushroom Market Revenues & Volume, By Organic, 2020-2030F |
6.1.4 South Africa Frozen Mushroom Market Revenues & Volume, By Conventional, 2020-2030F |
6.2 South Africa Frozen Mushroom Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 South Africa Frozen Mushroom Market Revenues & Volume, By Oyster Mushrooms, 2020-2030F |
6.2.3 South Africa Frozen Mushroom Market Revenues & Volume, By Button Mushrooms, 2020-2030F |
6.2.4 South Africa Frozen Mushroom Market Revenues & Volume, By Shiitake Mushrooms, 2020-2030F |
6.3 South Africa Frozen Mushroom Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 South Africa Frozen Mushroom Market Revenues & Volume, By Dry frozen Mushrooms, 2020-2030F |
6.3.3 South Africa Frozen Mushroom Market Revenues & Volume, By Vacuum frozen Mushrooms, 2020-2030F |
6.4 South Africa Frozen Mushroom Market, By End-Use |
6.4.1 Overview and Analysis |
6.4.2 South Africa Frozen Mushroom Market Revenues & Volume, By Food, 2020-2030F |
6.4.3 South Africa Frozen Mushroom Market Revenues & Volume, By Bakeries, 2020-2030F |
6.4.4 South Africa Frozen Mushroom Market Revenues & Volume, By Dressing and Salads, 2020-2030F |
6.4.5 South Africa Frozen Mushroom Market Revenues & Volume, By Pizzas, 2020-2030F |
6.4.6 South Africa Frozen Mushroom Market Revenues & Volume, By Pharmaceutical, 2020-2030F |
6.4.7 South Africa Frozen Mushroom Market Revenues & Volume, By Cosmetic and Personal Care, 2020-2030F |
6.5 South Africa Frozen Mushroom Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 South Africa Frozen Mushroom Market Revenues & Volume, By B2B, 2020-2030F |
6.5.3 South Africa Frozen Mushroom Market Revenues & Volume, By B2C, 2020-2030F |
7 South Africa Frozen Mushroom Market Import-Export Trade Statistics |
7.1 South Africa Frozen Mushroom Market Export to Major Countries |
7.2 South Africa Frozen Mushroom Market Imports from Major Countries |
8 South Africa Frozen Mushroom Market Key Performance Indicators |
9 South Africa Frozen Mushroom Market - Opportunity Assessment |
9.1 South Africa Frozen Mushroom Market Opportunity Assessment, By Source, 2020 & 2030F |
9.2 South Africa Frozen Mushroom Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 South Africa Frozen Mushroom Market Opportunity Assessment, By Form, 2020 & 2030F |
9.4 South Africa Frozen Mushroom Market Opportunity Assessment, By End-Use, 2020 & 2030F |
9.5 South Africa Frozen Mushroom Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 South Africa Frozen Mushroom Market - Competitive Landscape |
10.1 South Africa Frozen Mushroom Market Revenue Share, By Companies, 2023 |
10.2 South Africa Frozen Mushroom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |