Functional Mushroom Market

Functional Mushroom Market, By Type, By Application, And By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Global Functional mushrooms are loaded with polysaccharides and antioxidants, so consuming a large variety of these can improve many aspects of health. They may improve sleep, reduce stress, improve the immune system, and even boost the mood. They're also safe to consume and do not cause a high. They are available in powder, capsules, or liquid drinks that contain a certain quantity of functional mushrooms.

Market Dynamics:

Growing demand for functional food and beverages coupled with rising awareness regarding the medicinal benefits of mushrooms are major factors propelling growth of the functional mushroom market. The functional mushroom market is largely dominated by reishi and cordyceps, followed by other types of medicinal mushrooms. Reishi helps to improve lymphocyte function, which helps fight infections and cancer in athletes exposed to stressful conditions. Also, Cordyceps, mostly used by many professional athletes to increase endurance, stamina, and energy, and also to reduce recovery time after a strenuous workout, increases mitochondrial ATP synthesis by as much as 40%. All these medicinal mushrooms are used to boost and balance the consumer's immune system.

On the other hand, high costs and low public awareness regarding functional mushrooms are key factors hindering market growth.

Key features of the study:

• This report provides in-depth analysis of the global functional mushroom market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global functional mushroom market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include NAMMEX, Hirano Mushroom LLC, Mitoku Company Ltd, Lianfeng (Suizhou) Food Co. Ltd, Monterey Mushrooms Inc., M2 Ingredients, Fresh Mushroom Europe NV, Mycotrition GmbH, Hokkaido Reishi Co. Ltd, and Verhoeckx Paddenstoelen BV.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global functional mushroom market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global functional mushroom market

Detailed Segmentation:

• Global Functional Mushroom Market, By Type:
• Reishi
• Cordyceps
• Lion’s Mane
• Turkey Tail
• Shiitake
• Chaga
• Other Types
• Global Functional Mushroom Market, By Application:
• Food and Beverage
• Dietary Supplements
• Personal Care
• Pharmaceutical
• Global Functional Mushroom Market, By Region:
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East and Africa
• Company Profiles:
• NAMMEX
• Hirano Mushroom LLC
• Mitoku Company Ltd
• Lianfeng (Suizhou) Food Co. Ltd
• Monterey Mushrooms Inc.
• M2 Ingredients
• Fresh Mushroom Europe NV
• Mycotrition GmbH
• Hokkaido Reishi Co. Ltd
• Verhoeckx Paddenstoelen BV