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Functional Mushroom Market Size, Share & Trends Analysis Report By Product Type (Reishi, Shiitake), By Application (Food & Beverage, Pharmaceutical), By Region (EU, APAC, North America), And Segment Forecasts, 2022 - 2030

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    Report

  • 120 Pages
  • November 2022
  • Region: Global
  • Grand View Research
  • ID: 5702214
Description Jump to:
The global functional mushroom market size is anticipated to reach USD 65.8 billion by 2030, expanding at a compound annual growth rate (CAGR) of 10.8% over the forecast years. The industry is expanding due to the rising demand for functional mushrooms as superfoods in developed regions, such as Europe and North America. Furthermore, the global demand for natural or organic skincare products has been rapidly growing over the past several years mainly on account of increased customer awareness regarding the side effects of synthetic cosmetic products. Mushrooms are rich sources of vitamins, antioxidants, essential oils & oils, hydrocolloids, proteins, terpenoids, and other bioactive compounds.

These compounds exhibit antioxidant, anti-inflammatory, antiseptic, and antimicrobial properties. Thus, extracts or concentrates of mushrooms are widely utilized as ingredients to formulate topical creams, lotions, ointments, and serums. With the growing aging population across the globe, the demand for antiaging or anti-wrinkle creams is increasing significantly. Rising mushroom cultivation and production in the Asia Pacific is a major driver of the regional market. Furthermore, the increasing consumption of superfoods as a result of rising health consciousness among consumers in developed economies is expected to drive industry growth.

Functional mushrooms have multiple health benefits, including blood management regulation and immune system strengthening & anti-inflammatory properties. Functional foods contain specific types of added nutrients, such as probiotics, fiber, prebiotics, and minerals among others. Therefore, these foods aid in the prevention of nutritional deficiencies. Functional foods can also help reduce the risk of chronic diseases. Growing health concerns as a result of rapidly changing lifestyles, particularly in urban areas, are significantly increasing consumers’ preference for functional and healthy foods. Furthermore, during the COVID-19 pandemic, the demand for such functional food ingredients, which aid in boosting their immunity level, thereby positively impacting global consumer preference for functional mushrooms.

Functional Mushroom Market Report Highlights

  • The shiitake mushrooms segment dominated the industry in 2021 owing to the increased cultivation of these mushrooms across the globe
  • The food & beverage application segment led the industry in 2021 owing to the increased use of functional mushrooms as superfoods
  • Asia Pacific dominated the industry in 2021 due to the fact that China produces a sizable portion of the global industrial output
  • Demand for these mushrooms is increasing as a result of the dietary preference for functional foods, which form an integral part of Asia Pacific cuisines
  • Furthermore, due to their favorability in the local diet, the demand for functional mushrooms has increased in the food & beverage industry
  • North America is expected to register the fastest growth rate during the forecast period due to the rising product adoption in dietary supplements

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Research Methodology
1.3 Assumptions
1.4 Information Procurement
1.4.1 Purchased Database
1.4.2 Internal Database
1.4.3 Secondary Sources
1.4.4 Third Party Perspective
1.4.5 Primary Research
1.5 Information Analysis
1.5.1 Data Analysis Models
1.6 Market Formulation and Data Visualization
1.7 List of Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
2.2 Segment Snapshot
2.3 Competitive Landscape Snapshot
Chapter 3 Functional Mushroom Market: Variables, Trends, and Scope
3.1 Market Introduction
3.2 Penetration & Growth Prospect Mapping
3.3 Industry Value Chain Analysis
3.3.1 Procurement Best Practices
3.3.2 Manufacturing trends
3.3.3 Technology overview
3.4 Market Dynamics
3.4.1 Market Driver Analysis
3.4.1.1 Increasing Consumer Demand For Protein - Rich Food Products
3.4.1.2 Growing Awareness Of The Health Benefits & Nutrition Quotient Of Functional Mushrooms
3.4.2 Market Restraint Analysis
3.4.2.1 Limited Shelf Life Of Functional Mushrooms
3.4.3 Market Opportunities Analysis
3.4.3.1 Increasing Demand For Clean Label And Natural Cosmetics
3.4.4 Industry Challenges
3.4.4.1 Challenges Associated With Spawn And Sterilization
3.5 Business Environment Analysis
3.5.1 Regulatory Framework
3.5.1.1 U.S.
3.5.1.2 Europe
3.5.1.3 Japan
3.5.2 Porter’s Five Forces Analysis
3.5.3 Pestel Analysis
3.6 Market Entry Strategies
3.7 Impact Of Covid - 19 On Functional Mushroom Market
Chapter 4 Functional Mushroom Market: Product Estimates & Trend Analysis
4.1 Definition & Scope
4.2 Functional Mushroom Market: Product Movement Analysis, 2021 & 2030
4.3 Reishi
4.3.1 Functional Mushroom Market Estimates And Forecasts, By Reishi, 2017 - 2030 (USD Million)
4.4 Cordyceps
4.4.1 Functional Mushroom Market Estimates And Forecasts, By Cordyceps, 2017 - 2030 (USD Million)
4.5 Lion’s Mane
4.5.1 Functional Mushroom Market Estimates And Forecasts, By Lion’s Mane, 2017 - 2030 (USD Million)
4.6 Turkey Tail
4.6.1 Functional Mushroom Market Estimates And Forecasts, By Turkey Tail, 2017 - 2030 (USD Million)
4.7 Shiitake
4.7.1 Functional Mushroom Market Estimates And Forecasts, By Shiitake, 2017 - 2030 (USD Million)
4.8 Chaga
4.8.1 Functional Mushroom Market Estimates And Forecasts, By Chaga, 2017 - 2030 (USD Million)
4.9 Other Functional Mushrooms
4.9.1 Functional Mushroom Market Estimates And Forecasts, By Other Functional Mushrooms, 2017 - 2030 (USD Million)
Chapter 5 Functional Mushroom Market: Application Estimates & Trend Analysis
5.1 Definition & Scope
5.2 Functional Mushroom Market: Application Movement Analysis, 2021 & 2030
5.3 Food & Beverages
5.3.1 Functional Mushroom Market Estimates And Forecasts, By Food And Beverages, 2017 - 2030 (USD Million)
5.4 Dietary Supplements
5.4.1 Functional Mushroom Market Estimates And Forecasts, By Dietary Supplements, 2017 - 2030 (USD Million)
5.5 Pharmaceuticals
5.5.1 Functional Mushroom Market Estimates And Forecasts, By Pharmaceuticals, 2017 - 2030 (USD Million)
5.6 Other Applications
5.6.1 Functional Mushroom Market Estimates And Forecasts, By Other Applications, 2017 - 2030 (USD Million)
Chapter 6 Functional Mushroom Market: Regional Estimates & Trend Analysis
6.1 Regional Movement Analysis & Market Share, 2021 & 2030
6.2 North America
6.2.1 North America Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.2.2 North America Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.2.3 North America Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.2.4 U.S.
6.2.4.1 U.S. Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.2.4.2 U.S. Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.2.4.3 U.S. Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.2.5 Canada
6.2.5.1 Canada Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.2.5.2 Canada Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.2.5.3 Canada Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.3 Europe
6.3.1 Europe Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.3.2 Europe Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.3.3 Europe Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.3.4 Germany
6.3.4.1 Germany Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.3.4.2 Germany Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.3.4.3 Germany Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.3.5 U.K.
6.3.5.1 U.K. Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.3.5.2 U.K. Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.3.5.3 U.K. Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.3.6 Italy
6.3.6.1 Italy Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.3.6.2 Italy Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.3.6.3 Italy Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.3.7 The Netherlands
6.3.7.1 The Netherlands Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.3.7.2 The Netherlands Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.3.7.3 The Netherlands Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.3.8 Poland
6.3.8.1 Poland Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.3.8.2 Poland Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.3.8.3 Poland Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.4.2 Asia Pacific Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.4.3 Asia Pacific Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.4.4 China
6.4.4.1 China Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.4.4.2 China Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.4.4.3 China Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.4.5 India
6.4.5.1 India Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.4.5.2 India Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.4.5.3 India Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.4.6 Japan
6.4.6.1 Japan Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.4.6.2 Japan Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.4.6.3 Japan Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.5 Central & South America
6.5.1 Central & South America Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.5.2 Central & South America Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.5.3 Central & South America Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.5.4 Brazil
6.5.4.1 Brazil Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.5.4.2 Brazil Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.5.4.3 Brazil Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.6 Middle East & Africa
6.6.1 Middle East & Africa Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.6.2 Middle East & Africa Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.6.3 Middle East & Africa Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
6.6.4 South Africa
6.6.4.1 South Africa Functional Mushroom Market Estimates And Forecasts, 2017 - 2030 (USD Million)
6.6.4.2 South Africa Functional Mushroom Market Estimates And Forecasts, By Product, 2017 - 2030 (USD Million)
6.6.4.3 South Africa Functional Mushroom Market Estimates And Forecasts, By Application, 2017 - 2030 (USD Million)
Chapter 7 Functional Mushroom Market: Competitive Analysis
7.1 Key players, recent developments, and their impact on the industry
7.1.1 Key Company/Competition Categorization (Key Innovators, Market Leaders, And Emerging Players)
7.2 Vendor Landscape
7.2.1 List Of Distributors And Channel Partners
7.2.2 Company Market Share Analysis, 2021
Chapter 8 Company Profiles
8.1 Way of Will Inc.
8.1.1 Company overview
8.1.2 Product benchmarking
8.1.3 Strategic initiatives
8.2 M2 Ingredients
8.2.1 Company overview
8.2.2 Product benchmarking
8.2.3 Strategic initiatives
8.3 Nammex (North American Medicinal Mushroom Extracts)
8.3.1 Company overview
8.3.2 Product benchmarking
8.3.3 Strategic initiatives
8.4 Mitoku Company Limited
8.4.1 Company overview
8.4.2 Product benchmarking
8.5 Hokkaido Reishi
8.5.1 Company overview
8.5.2 Product benchmarking
8.6 Lianfeng (Suizhou) Food Co., Ltd.
8.6.1 Company overview
8.6.2 Product benchmarking
8.7 Rebbl
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic initiatives
8.8 SoTru
8.8.1 Company overview
8.8.2 Product benchmarking
8.9 Monterey Mushrooms, Inc.
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Strategic initiatives
8.10 Monaghan Group
8.10.1 Company Overview
8.10.2 Financial performance
8.10.3 Product benchmarking
8.10.4 Strategic Initiatives
List of Tables
Table 1 Functional mushroom market estimates and forecasts, by reishi, 2017 - 2030 (USD Million)
Table 2 Functional mushroom market estimates and forecasts, by cordyceps, 2017 - 2030 (USD Million)
Table 3 Functional mushroom market estimates and forecasts, by lion’s mane, 2017 - 2030 (USD Million)
Table 4 Functional mushroom market estimates and forecasts, by turkey tail, 2017 - 2030 (USD Million)
Table 5 Functional mushroom market estimates and forecasts, by shiitake, 2017 - 2030 (USD Million)
Table 6 Functional mushroom market estimates and forecasts, by chaga, 2017 - 2030 (USD Million)
Table 7 Functional mushroom market estimates and forecasts, by other functional mushrooms, 2017 - 2030 (USD Million)
Table 8 Functional mushroom market estimates and forecasts, by food and beverages, 2017 - 2030 (USD Million)
Table 9 Functional mushroom market estimates and forecasts, by dietary supplements, 2017 - 2030 (USD Million)
Table 10 Functional mushroom market estimates and forecasts, by pharmaceuticals, 2017 - 2030 (USD Million)
Table 11 Functional mushroom market estimates and forecasts, by other applications, 2017 - 2030 (USD Million)
Table 12 North America functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 13 North America functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 14 North America functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 15 U.S. functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 16 U.S. functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 17 U.S. functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 18 Canada functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 19 Canada functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 20 Canada functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 21 Europe functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 22 Europe functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 23 Europe functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 24 Germany functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 25 Germany functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 26 Germany functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 27 U.K. functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 28 U.K. functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 29 U.K. functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 30 Italy functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 31 Italy functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 32 Italy functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 33 Netherlands functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 34 Netherlands functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 35 Netherlands functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 36 Poland functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 37 Poland functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 38 Poland functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 39 Asia Pacific functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 40 Asia Pacific functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 41 Asia Pacific functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 42 China functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 43 China functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 44 China functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 45 India functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 46 India functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 47 India functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 48 Japan functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 49 Japan functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 50 Japan functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 51 Central & South America functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 52 Central & South America functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 53 Central & South America functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 54 Brazil functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 55 Brazil functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 56 Brazil functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 57 Middle East & Africa functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 58 Middle East & Africa functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 59 Middle East & Africa functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 60 South Africa functional mushroom market estimates and forecasts, 2017 - 2030 (USD Million)
Table 61 South Africa functional mushroom market estimates and forecasts, by product, 2017 - 2030 (USD Million)
Table 62 South Africa functional mushroom market estimates and forecasts, by application, 2017 - 2030 (USD Million)
List of Figures
Fig. 1 Market segmentation & scope
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Market research approaches - Bottom - Up Approach
Fig. 6 Market research approaches - Top - Down Approach
Fig. 7 Market research approaches - Combined Approach
Fig. 8 Functional mushroom market: Penetration & growth prospect mapping
Fig. 9 Functional Mushroom market: Value chain analysis
Fig. 10 Global per capita protein consumption: Grams/day, 2000 - 2021
Fig. 11 Global natural cosmetics market: 2019 - 2027, USD Billion
Fig. 12 Functional Mushroom Market: Product Analysis, 2021 & 2030
Fig. 13 Functional Mushroom Market: Application Analysis, 2021 & 2030
Fig. 14 Functional Mushroom Market: Regional Movement Analysis, 2021 & 2030 (Revenue)
Fig. 15 North America Functional Mushroom Market: Market Overview
Fig. 16 U.S. Functional Mushroom Market: Market Overview
Fig. 17 Canada Functional Mushroom Market: Market Overview
Fig. 18 Europe Functional Mushroom Market: Market Overview
Fig. 19 Germany Functional Mushroom Market: Market Overview
Fig. 20 U.K. Functional Mushroom Market: Market Overview
Fig. 21 Italy Functional Mushroom Market: Market Overview
Fig. 22 Netherlands Functional Mushroom Market: Market Overview
Fig. 23 Poland Functional Mushroom Market: Market Overview
Fig. 24 Asia Pacific Functional Mushroom Market: Market Overview
Fig. 25 China Functional Mushroom Market: Market Overview
Fig. 26 India Functional Mushroom Market: Market Overview
Fig. 27 Japan Functional Mushroom Market: Market Overview
Fig. 28 Central & South America Functional Mushroom Market: Market Overview
Fig. 29 Brazil Functional Mushroom Market: Market Overview
Fig. 30 Middle East & Africa Functional Mushroom Market: Market Overview
Fig. 31 South Africa Functional Mushroom Market: Market Overview
Fig. 32 Key Company/Competition Categorizatio

Companies Mentioned

  • Way of Will Inc.
  • M2 Ingredients
  • Nammex (North American Medicinal Mushroom Extracts)
  • Mitoku Company Limited
  • Hokkaido Reishi
  • Lianfeng (Suizhou) Food Co. Ltd.
  • Rebbl
  • Sotru
  • Monterey Mushrooms, Inc.
  • Monaghan Group

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedNovember 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 29.05 Billion
Forecasted Market Value ( USD ) by 2030 $ 65.8 Billion
Compound Annual Growth Rate10.8%
Regions CoveredGlobal
No. of Companies Mentioned10

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