The Latin America, Middle East and Africa Frozen Mushrooms Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 1,602.9 tonnes, showcasing a growth of 9.3% (2024-2031).
The Button Mushroom is a popular variety in the Market, known for its small size, mild flavor, and versatility. Typically, button mushrooms are harvested at a young stage before they fully mature, resulting in their white or pale color and smooth texture. When frozen, these mushrooms maintain their shape, flavor, and nutritional value, making them a convenient option for various culinary applications. Thus, the Brazilian market consumed 184.43 tonnes of button mushrooms in 2023.
The Brazil market dominated the LAMEA Frozen Mushrooms Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9,994.9 Thousands by 2031. The Argentina market is showcasing a CAGR of 8.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.7% during (2024 - 2031).
Despite the many advantages and growth drivers, the market faces several challenges. One of the primary challenges is the perception of freshness. Many consumers still perceive fresh mushrooms as superior to frozen ones, particularly in taste and texture. Another challenge is the limited awareness of these mushrooms in some regions. Consumers accustomed to purchasing fresh produce may not be aware that these mushrooms are a convenient and high-quality alternative. Increasing market penetration and consumer education are necessary to expand awareness and acceptance of these mushrooms.
These mushrooms offer a cost-effective alternative. The process of freezing mushrooms allows for bulk production and storage, reducing the dependency on seasonal availability. These mushrooms can be produced when the supply of fresh mushrooms is abundant, and prices are lower, then stored and distributed throughout the year. This ability to stabilize supply helps to mitigate price fluctuations caused by seasonal changes, providing a consistent and affordable product for consumers.
In the United Arab Emirates (UAE), the multicultural population and the fast-paced urban lifestyle influence the demand for these mushrooms. According to the UAE Federal Competitiveness and Statistics Authority, expatriates comprise around 80% of the population, leading to a high demand for diverse and convenient food options catering to various cultural tastes. The UAE’s focus on promoting a healthy lifestyle, as outlined in the National Strategy for Wellbeing 2031, supports the consumption of nutritious foods like mushrooms.
These mushrooms, which offer convenience and ease of preparation, are becoming increasingly popular in the UAE’s food service industry and among health-conscious consumers. Their adaptability renders them appropriate for a wide range of culinary applications, including traditional Middle Eastern dishes and international cuisines. Thus, with targeted consumer education, infrastructure development, and culturally relevant product offerings, the LAMEA region can emerge as a significant player in the market.
Free Valuable Insights: The Worldwide Frozen Mushrooms Market is Projected to reach USD498.0 Million by 2031, at a CAGR of 5.2%
Based on Application, the market is segmented into Food Service Industry and Household. Based on Types, the market is segmented into Shiitake, Button, Oyster, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Application (Volume, Tonnes, USD Million, 2020-2031)
By Types (Volume, Tonnes, USD Million, 2020-2031)
By Country (Volume, Tonnes, USD Million, 2020-2031)
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