Market Forecast By Product (Button, Shiitake, Oyster, Morel, Other), By Application (Household, Restaurants) And Competitive Landscape
Product Code: ETC108621 | 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 | |
Brazil Canned Mushroom market currently, in 2023, has witnessed an HHI of 5692, Which has increased moderately as compared to the HHI of 4372 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Brazil Canned Mushroom Market report thoroughly covers the market by product and application. 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.
Brazil Canned Mushroom Market has accomplished major success and is projected to attain more in the coming years due to the increasing demand for convenience food, rising awareness about the health benefits of mushrooms, and a growing number of vegan and vegetarian consumers.
According to 6Wresearch, the Brazil Canned Mushroom Market size is expected to reach a significant CAGR of 5.3% during 2024-2030. One of the major drivers for the growth of the market is the increasing demand for convenience food due to the busy lifestyles of people. Canned mushrooms are not easy to prepare but have longer shell life. Mushrooms are rich in various essential nutrients and are known for their health benefits such as boosting immunity and aiding digestion. As more people become health-conscious, the demand for canned mushrooms is expected to increase. Many Brazilians are vegan and vegetarian consumers, who are looking for a protein-rich diet. Canned mushrooms are a good source of protein, hence driving its growth in the market.
However, despite growth and demand in the market, some challenges are faced by the Brazil Canned Mushroom market. One of the challenges is the high competition from fresh mushrooms. which are perceived to have a better taste and texture. Moreover, the availability of fresh mushrooms year-round may also hinder the growth of the canned mushroom market. The cost of raw materials, tin cans, and mushrooms, greatly vary, hence affecting the profit margin for manufacturers. This poses a challenge for small businesses.
Some of the key players in the Brazil Canned Mushroom Market include names such as JBS S.A., Bonduelle, D'aucy, Ayam Brand, Cargill, Fugini Alimentos, Herdez del Fuerte, Nestlé, Del Monte Foods, and Gomes da Costa. These players not only dominate the Brazil canned mushroom market but also have a strong presence in other South American countries. They are constantly investing in new technologies and processes to improve the quality of their products and meet the increasing demand for canned mushrooms.
The government has taken several initiatives to boost the Synthetic Lubricants market in Brazil. One of these initiatives is the Brazil Grows Mushroom program, which provides technical assistance, training, and financial support to farmers interested in growing mushrooms. The Brazilian government has also implemented measures to promote the consumption of canned mushrooms in the country. Moreover, the government has also implemented policies to increase access to canned mushroom products for low-income populations through social programs. Furthermore, the government has been conducting research and development projects to improve mushroom production techniques and develop new varieties suitable for the country's climate.
The Brazil Canned Mushroom Market is witnessing significant growth in the future driven by the increasing demand for convenience food, rising awareness about the health benefits of mushrooms, and a growing number of vegan and vegetarian consumers. With advancements in technology, there is also potential for the introduction of new packaging and preservation methods, further driving the growth of the market.
According to Ravi Bhandari, Research Manager, 6Wresearch, the household sector dominates the market. The sector will grow in the coming years. This can be attributed to the convenience factor associated with using canned mushrooms in cooking and meal preparation. With busy lifestyles and increasing number of working individuals, there is a growing demand for easy-to-prepare meals that do not compromise on taste or nutrition.
The report offers a comprehensive study of the subsequent market segments:
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 Brazil Canned Mushroom Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Canned Mushroom Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Canned Mushroom Market - Industry Life Cycle |
3.4 Brazil Canned Mushroom Market - Porter's Five Forces |
3.5 Brazil Canned Mushroom Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Brazil Canned Mushroom Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Brazil Canned Mushroom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Canned Mushroom Market Trends |
6 Brazil Canned Mushroom Market, By Types |
6.1 Brazil Canned Mushroom Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Brazil Canned Mushroom Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 Brazil Canned Mushroom Market Revenues & Volume, By Button, 2020-2030F |
6.1.4 Brazil Canned Mushroom Market Revenues & Volume, By Shiitake, 2020-2030F |
6.1.5 Brazil Canned Mushroom Market Revenues & Volume, By Oyster, 2020-2030F |
6.1.6 Brazil Canned Mushroom Market Revenues & Volume, By Morel, 2020-2030F |
6.1.7 Brazil Canned Mushroom Market Revenues & Volume, By Other, 2020-2030F |
6.2 Brazil Canned Mushroom Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Brazil Canned Mushroom Market Revenues & Volume, By Household, 2020-2030F |
6.2.3 Brazil Canned Mushroom Market Revenues & Volume, By Restaurants, 2020-2030F |
7 Brazil Canned Mushroom Market Import-Export Trade Statistics |
7.1 Brazil Canned Mushroom Market Export to Major Countries |
7.2 Brazil Canned Mushroom Market Imports from Major Countries |
8 Brazil Canned Mushroom Market Key Performance Indicators |
9 Brazil Canned Mushroom Market - Opportunity Assessment |
9.1 Brazil Canned Mushroom Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Brazil Canned Mushroom Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Brazil Canned Mushroom Market - Competitive Landscape |
10.1 Brazil Canned Mushroom Market Revenue Share, By Companies, 2023 |
10.2 Brazil Canned Mushroom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |