Global Medicinal Mushroom Extract Market
Global Medicinal Mushroom Extract Market By Type (Chaga, Reishi, Shiitake, Cordyceps, Maitake, Turkey Tail, Others), By Application (Skin Care, Antioxidant, Immunity Enhancer, Others), By Form (Capsule & Tablets, Liquid, Powder) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2020 to 2032
The global Medicinal Mushroom Extract market was valued at $10.97 Billion in 2022 and is anticipated to grow at a CAGR of 6.80% from 2023 to 2033. This growth is attributed to several macro and microeconomic factors such as
Rising awareness of the health benefits of medicinal mushrooms
The global medicinal mushroom extract market is experiencing an exhilarating boom, driven by the surge in awareness surrounding their potential health benefits. This awareness is fueled by a confluence of factors. Scientific research provides promising evidence for their efficacy in boosting immunity, reducing inflammation, improving cognitive function, supporting cardiovascular health, and even inhibiting cancer cell growth. This, coupled with the historical use of medicinal mushrooms in traditional medicine practices across Asia, Africa, and South America, adds a layer of credibility and authenticity to their potential benefits. Additionally, media coverage through articles, documentaries, and celebrity endorsements is shining a spotlight on these natural remedies, amplifying their reach and appeal to a broader audience. Furthermore, positive personal recommendations shared within networks build trust and encourage further exploration, while readily accessible online resources empower individuals to research specific benefits and connect with like-minded communities. This potent combination propels the growth of the medicinal mushroom extract market, paving the way for its continued expansion and solidifying its position as a prominent force in the global health and wellness landscape.
Further several factors restraining the market growth include
Lack of Standardization
The lack of standardization poses a significant challenge to the global medicinal mushroom extract market. This manifests in inconsistent product quality, misleading labeling, varied manufacturing practices, regulatory hurdles, and ultimately, eroded consumer trust. To address this issue, industry associations and regulatory bodies need to work together to develop and implement standardized quality criteria for medicinal mushroom extracts. Manufacturers, on their part, should commit to adhering to these standards and employing rigorous quality control measures. Additionally, raising consumer awareness about the importance of standardization will empower them to make informed choices and contribute to a more transparent, trustworthy, and sustainable market environment. By tackling the challenge of standardization, the global medicinal mushroom extract market can foster a level playing field for manufacturers, ensure access to high-quality products for consumers, and ultimately pave the way for sustained growth and development.
The rise in R&D activities and collaborations and alliances in the Medicinal Mushroom Extract market are expected to generate higher avenues during the forecast period.
In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Medicinal Mushroom Extract market. The pandemic has caused a decline in new orders and a corresponding decrease in production.
This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Medicinal Mushroom Extract.
In terms of COVID-19 impact, the Medicinal Mushroom Extract market report also includes the following data points:
Impact on Medicinal Mushroom Extract market size
Operating Weights Trend, Preferences, and Budget Impact
Regulatory Framework/Outdoor Policies
Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in the Medicinal Mushroom Extract market
Key Insight in the report:
The global Medicinal Mushroom Extract market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and Applications.
Our report covers extensive competitive intelligence which includes the following data points:
Business Overview
Business Segment Data
Financial Data
Product Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis
Medicinal Mushroom Extract Market Segmentation:
Type
Chaga
Reishi
Shiitake
Cordyceps
Maitake
Turkey Tail
Others
Application
Skin Care
Antioxidant
Immunity Enhancer
Others
Form
Capsule & Tablets
Liquid
PowderRegion/ Countries Covered:
North America
US
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Spain
BeNeLux
Russia
Rest of Europe
Asia Pacific
China
Japan
Australia
India
South Korea
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Egypt
South Africa
Rest of Middle East & Africa
Key Players Analyzed in the Report:
Real Mushrooms
M2 Ingredients
Nammex
Mitoku Company
Hokkaido Reishi Co. Ltd.
Lianfeng (Suizhou) Food Co. Ltd.
Monterey Mushrooms Inc.
Sayan
Monaghan Group
ORIVEDA
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Market Insights and Trends
- 4.1. Value Chain Analysis
- 4.1.1. Raw Materials
- 4.1.2. Manufacturing
- 4.1.3. Distribution Channel
- 4.1.4. End User
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Bargaining Power of Buyers
- 4.2.2. Bargaining Power of Suppliers
- 4.2.3. Threat of New Entrant
- 4.2.4. Threat of Substitute
- 4.2.5. Industry Rivalry
- 4.3. COVID-19 Impact and Post-COVID Scenario on Medicinal Mushroom Extract Market
- 4.3.1. Impact of COVID-19
- 4.3.2. Government Support and Industry Revival Policies
- 4.3.3. Post COVID Trend
- CHAPTER 5. Market Dynamics
- 5.1. Introduction
- 5.2. Drivers
- 5.2.1. Rising prevalence of health problems across the world
- 5.2.2. Rise in the number of applications in various Application Industries
- 5.3. Restraints
- 5.3.1. Regulatory Challenges and Quality Control
- 5.4. Opportunity
- 5.4.1. The rise in research and development activities
- CHAPTER 6. Global Medicinal Mushroom Extract Market, By Type
- 6.1. Introduction
- 6.1.1. Chaga
- 6.1.2. Reishi
- 6.1.3. Shiitake
- 6.1.4. Cordyceps
- 6.1.5. Maitake
- 6.1.6. Turkey Tail
- 6.1.7. Others
- CHAPTER 7. Global Medicinal Mushroom Extract Market, By Application
- 7.1. Introduction
- 7.1.1. Skin Care
- 7.1.2. Antioxidant
- 7.1.3. Immunity Enhancer
- 7.1.4. Others
- CHAPTER 8. Global Medicinal Mushroom Extract Market, By Form
- 8.1. Introduction
- 8.1.1. Capsule & Tablets
- 8.1.2. Liquid
- 8.1.3. Powder
- CHAPTER 9. Global Medicinal Mushroom Extract Market, By Region
- 9.1. Introduction
- 9.2. North America
- 9.2.1. North America: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
- 9.2.2. North America: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.2.3. North America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.2.4. North America: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.2.5. US
- 9.2.5.1. US: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.2.5.2. US: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.2.5.3. US: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.2.6. Canada
- 9.2.6.1. Canada: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.2.6.2. Canada: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.2.6.3. Canada: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.2.7. Mexico
- 9.2.7.1. Mexico: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.2.7.2. Mexico: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.2.7.3. Mexico: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3. Europe
- 9.3.1. Europe: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
- 9.3.2. Europe: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.3. Europe: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.4. Europe: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.5. U.K.
- 9.3.5.1. U.K.: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.5.2. U.K.: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.5.3. U.K.: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.6. Germany
- 9.3.6.1. Germany: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.6.2. Germany: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.6.3. Germany: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.7. France
- 9.3.7.1. France: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.7.2. France: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.7.3. France: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.8. Italy
- 9.3.8.1. Italy: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.8.2. Italy: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.8.3. Italy: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.9. Spain
- 9.3.9.1. Spain: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.9.2. Spain: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.9.3. Spain: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.10. BeNeLux
- 9.3.10.1. BeNeLux: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.10.2. BeNeLux: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.10.3. BeNeLux: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.11. Russia
- 9.3.11.1. Russia: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.11.2. Russia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.11.3. Russia: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.3.12. Rest of Europe
- 9.3.12.1. Rest of Europe: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.3.12.2. Rest of Europe: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.3.12.3. Rest of Europe: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.4. Asia Pacific
- 9.4.1. Asia Pacific: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
- 9.4.2. Asia Pacific: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.4.3. Asia Pacific: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.4.4. Asia Pacific: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.4.5. China
- 9.4.5.1. China: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.4.5.2. China: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.4.5.3. China: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.4.6. Japan
- 9.4.6.1. Japan: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.4.6.2. Japan: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.4.6.3. Japan: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.4.7. Australia
- 9.4.7.1. Australia: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.4.7.2. Australia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.4.7.3. Australia: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.4.8. India
- 9.4.8.1. India: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.4.8.2. India: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.4.8.3. India: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.4.9. South Korea
- 9.4.9.1. South Korea: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.4.9.2. South Korea: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.4.9.3. South Korea: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.4.10. Rest of Asia Pacific
- 9.4.10.1. Rest of Asia Pacific: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.4.10.2. Rest of Asia Pacific: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.4.10.3. Rest of Asia Pacific: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.5. South America
- 9.5.1. South America: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
- 9.5.2. South America: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.5.3. South America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.5.4. South America: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.5.5. Brazil
- 9.5.5.1. Brazil: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.5.5.2. Brazil: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.5.5.3. Brazil: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.5.6. Argentina
- 9.5.6.1. Argentina: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.5.6.2. Argentina: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.5.6.3. Argentina: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.5.7. Rest of South America
- 9.5.7.1. Rest of South America: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.5.7.2. Rest of South America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.5.7.3. Rest of South America: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.6. Middle East & Africa
- 9.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
- 9.6.1.1. Middle East & Africa: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.6.1.2. Middle East & Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.6.1.3. Middle East & Africa: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.6.2. Saudi Arabia
- 9.6.2.1. Saudi Arabia: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.6.2.2. Saudi Arabia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.6.2.3. Saudi Arabia: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.6.3. UAE
- 9.6.3.1. UAE: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.6.3.2. UAE: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.6.3.3. UAE: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.6.4. Egypt
- 9.6.4.1. Egypt: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.6.4.2. Egypt: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.6.4.3. Egypt: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.6.5. South Africa
- 9.6.5.1. South Africa: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.6.5.2. South Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.6.5.3. South Africa: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- 9.6.6. Rest of Middle East & Africa
- 9.6.6.1. Rest of Middle East & Africa: Market Size and Forecast, By Type, 2021 – 2033 ($ Million)
- 9.6.6.2. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
- 9.6.6.3. Rest of Middle East & Africa: Market Size and Forecast, By Form, 2021 – 2033 ($ Million)
- CHAPTER 10. Competitive Landscape
- 10.1. Competitior Benchmarking 2023
- 10.2. Market Share Analysis, 2022
- CHAPTER 11. Company Profiles
- 11.1. Real Mushrooms
- 11.1.1. Business Overview
- 11.1.2. Product Portfolio
- 11.1.3. SWOT Analysis
- 11.2. M2 Ingredients
- 11.2.1. Business Overview
- 11.2.2. Product Portfolio
- 11.2.3. SWOT Analysis
- 11.3. Nammex
- 11.3.1. Business Overview
- 11.3.2. Product Portfolio
- 11.3.3. SWOT Analysis
- 11.4. Mitoku Company
- 11.4.1. Business Overview
- 11.4.2. Product Portfolio
- 11.4.3. SWOT Analysis
- 11.5. Hokkaido Reishi Co. Ltd
- 11.5.1. Business Overview
- 11.5.2. Product Portfolio
- 11.5.3. SWOT Analysis
- 11.6. Lianfeng (Suizhou) Food Co. Ltd
- 11.6.1. Business Overview
- 11.6.2. Product Portfolio
- 11.7. Monterey Mushrooms Inc
- 11.7.1. Business Overview
- 11.7.2. Product Portfolio
- 11.8. Sayan
- 11.8.1. Business Overview
- 11.8.2. Product Portfolio
- 11.9. Monaghan Group
- 11.9.1. Business Overview
- 11.9.2. Product Portfolio
- 11.10. ORIVEDA
- 11.10.1. Business Overview
- 11.10.2. Product Portfolio
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