Market Forecast By Product (Button, Shiitake, Oyster, Morel, Other), By Application (Household, Restaurants) And Competitive Landscape
Product Code: ETC108644 | Publication Date: Nov 2022 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Canned Mushroom market currently, in 2023, has witnessed an HHI of 9600, Which has decreased slightly as compared to the HHI of 9916 in 2017. The market is moving towards Highly 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.
Report Name | Thailand Canned Mushroom market |
Forecast period | 2025-2031 |
CAGR | 7.5% |
Growing Sector | Processed Food |
Thailand 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.
The Thailand canned mushroom market is predicted to increase gradually between 2025 and 2031, driven by rising demand for handy, long-lasting food products. Growing urbanization, shifting dietary tastes, and expanding food processing sectors all help to drive market expansion. Furthermore, exports and increased use in the hospitality sector would help the market develop throughout the projection period.
According to 6Wresearch, Thailand Canned Mushroom market size is expected to grow at a significant CAGR of 7.5% during 2025-2031. The growing number of working professionals with little time for cooking and the growing demand for convenience meals are driving expansion in the canned mushroom market in Thailand. Canned mushrooms are a popular option since consumers with hectic schedules look for quick and simple meal alternatives. These ready-to-use mushrooms appeal to health-conscious people since they save time while maintaining vital nutrients. Demand is also being driven by the move toward natural and organic ingredients in food preparation as people seek for healthier dietary options. By using canned mushrooms in a variety of cuisines, the growing food service sector which includes hotels and restaurants also helps the market grow. The Thailand canned mushroom market growth is witnessing due to these evolving consumer preferences.
Despite its expansion, the Thailand canned mushroom market has obstacles that could impede its advancement. The year-round availability of fresh mushrooms is a major obstacle that impacts the supply of canned mushrooms, particularly during off-seasons. Price increases and manufacturing limitations may result from a shortage of raw materials. Furthermore, canned mushrooms are frequently more expensive than fresh ones, which makes them unaffordable for people who are price conscious. Demand is further constrained by the fact that some customers still like fresh mushrooms because to their flavor and texture. To overcome these obstacles and guarantee long-term market growth, better supply chain management and pricing tactics are needed.
The Thailand canned mushroom industry has seen numerous important developments that are driving its growth. The adoption of creative packaging designs according to consumer demands is one noteworthy trend. While bigger family-sized selections offer convenience and diversity, smaller cans are designed for single servings. This packaging innovation increases market demand and improves customer appeal. The emergence of private label brands, which provide reasonably priced substitutes for well-known names, is another noteworthy trend. Cost-conscious customers are drawn to these affordable solutions, which intensifies competition in the market. Furthermore, industry dynamics are further shaped by consumers' increasing demand for eco-friendly and sustainable packaging options, which has aided in the development of the Thailand canned mushroom market.
The Thailand canned mushroom market provides attractive investment prospects for both domestic and international players. In order to satisfy changing consumer tastes, producers must diversify their product offers and increase production capacity due to the growing demand for convenience foods. Adding additional varieties, including flavored or organic alternatives, might increase market appeal. Research and development expenditures can also result in novel items that set firms apart and draw in health-conscious customers. Prospects for market expansion are further strengthened by improving packaging options and investigating export possibilities. To capitalize on the **Thailand canned mushroom market** expansion, strategic investments and innovation will be essential as demand keeps growing.
Key participants in Thailand's canned mushroom industry include Ayam Brand Co., Ltd., Golden Prize Canning Co., Ltd., Thai Agri Foods Public Co., Ltd., Betagro Group, and Bells & Flower Food Co., Ltd. These businesses aggressively pursue mergers, acquisitions, and strategic alliances to bolster their market position. In order to satisfy changing consumer demands, they also concentrate on introducing novel and inventive items. Enhancing packaging, increasing production capacity, and looking into export prospects all help them maintain a competitive advantage. These major competitors continue to propel expansion and innovation in the Thai canned mushroom market as the demand for convenience foods develops.
Government programs designed to promote growth help the Thailand canned mushroom market. In order to guarantee a steady supply for the production of canned goods, the Thai government encourages farmers to cultivate more mushrooms by offering incentives. Furthermore, initiatives to support technological developments in processing improve productivity and the caliber of the final product. Export-friendly policies also encourage market growth, which strengthens Thailand's economy by expanding trade prospects abroad. The sector is further strengthened by investments in sustainable farming methods and research. These programs assist producers in becoming more competitive while satisfying growing customer demands. The Thailand canned mushroom market is in a strong position for long-term growth and development with ongoing government backing.
The Thailand canned mushroom market is expected to expand further, owing to increased demand for convenience meals, rising disposable income, and packaging improvements. A greater range of products is being produced as a result of R&D spending and the entry of new competitors. Resolving issues with cost and supply will be essential to maintaining growth. Significant opportunities for investment are created by changing consumer lifestyles and government backing. Companies that use technology and adjust to new trends will prosper. The market appears to have a bright future with careful planning, therefore now is the perfect moment for both new and established businesses to take advantage of this growing sector.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, Button mushrooms dominate Thailand's canned mushroom market due to their high demand and widespread availability. Their appeal among customers, combined with their versatility in a range of culinary applications, propels them to the top of the market, contributing significantly to overall growth.
on the basis of application, the household segment now dominates Thailand's canned mushroom industry, owing to rising demand for easy, ready-to-eat food products. Busy lifestyles and a preference for quick dinner solutions have made canned mushrooms a popular choice among households, adding to market dominance.
The Thailand Canned Mushroom market report provides a detailed analysis of the following 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 Thailand Canned Mushroom Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Canned Mushroom Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Canned Mushroom Market - Industry Life Cycle |
3.4 Thailand Canned Mushroom Market - Porter's Five Forces |
3.5 Thailand Canned Mushroom Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Canned Mushroom Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Canned Mushroom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Canned Mushroom Market Trends |
6 Thailand Canned Mushroom Market, By Types |
6.1 Thailand Canned Mushroom Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Canned Mushroom Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Thailand Canned Mushroom Market Revenues & Volume, By Button, 2021 - 2031F |
6.1.4 Thailand Canned Mushroom Market Revenues & Volume, By Shiitake, 2021 - 2031F |
6.1.5 Thailand Canned Mushroom Market Revenues & Volume, By Oyster, 2021 - 2031F |
6.1.6 Thailand Canned Mushroom Market Revenues & Volume, By Morel, 2021 - 2031F |
6.1.7 Thailand Canned Mushroom Market Revenues & Volume, By Other, 2021 - 2031F |
6.2 Thailand Canned Mushroom Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Canned Mushroom Market Revenues & Volume, By Household, 2021 - 2031F |
6.2.3 Thailand Canned Mushroom Market Revenues & Volume, By Restaurants, 2021 - 2031F |
7 Thailand Canned Mushroom Market Import-Export Trade Statistics |
7.1 Thailand Canned Mushroom Market Export to Major Countries |
7.2 Thailand Canned Mushroom Market Imports from Major Countries |
8 Thailand Canned Mushroom Market Key Performance Indicators |
9 Thailand Canned Mushroom Market - Opportunity Assessment |
9.1 Thailand Canned Mushroom Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Canned Mushroom Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Canned Mushroom Market - Competitive Landscape |
10.1 Thailand Canned Mushroom Market Revenue Share, By Companies, 2024 |
10.2 Thailand Canned Mushroom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |