Global Medicinal Mushroom Extracts Market Growth 2025-2031

Global Medicinal Mushroom Extracts Market Growth 2025-2031

The global Medicinal Mushroom Extracts market size is predicted to grow from US$ 451 million in 2025 to US$ 682 million in 2031; it is expected to grow at a CAGR of 7.2% from 2025 to 2031.

The medicinal mushroom extracts market is driven by the rising demand for natural and plant-based supplements, as consumers increasingly seek holistic approaches to health and wellness. Medicinal mushrooms, such as reishi, lion’s mane, and cordyceps, are known for their potential health benefits, including immune system support, anti-inflammatory properties, and cognitive enhancement. Growing awareness of the role of functional foods in preventing chronic diseases has also contributed to the popularity of mushroom extracts. Additionally, the expansion of the wellness industry and the inclusion of medicinal mushrooms in various products like supplements, teas, and cosmetics further boost market growth.

A significant challenge in the medicinal mushroom extracts market is the lack of standardized regulations and scientific validation of health claims. While many consumers are drawn to the perceived benefits, there is limited large-scale clinical research to conclusively support the efficacy of certain mushroom extracts. This can lead to skepticism among more cautious consumers and health professionals. Additionally, sourcing high-quality, organic mushrooms and ensuring consistent extraction processes can be costly, impacting the pricing and availability of these products. Variability in potency and quality across different brands can also pose a challenge in gaining consumer trust and regulatory approval.

Medicinal mushrooms have long been recognized for their health benefits in Eastern medicine; traditional medicine has used mushrooms for thousands of years. Studies have found that these medicinal mushrooms contain a variety of components that act as antioxidants, support immune function, and even promote cellular health and function.

Global medicinal mushroom extracts key players include Verygrass, Amino Up Chemical, Nammex etc. Global top 5 manufacturers hold a share about 10%. Asia Pacific is the largest market, with a share about 63%, followed by Europe and North America, both have a share about 30 percent.

LP Information, Inc. (LPI) ' newest research report, the “Medicinal Mushroom Extracts Industry Forecast” looks at past sales and reviews total world Medicinal Mushroom Extracts sales in 2024, providing a comprehensive analysis by region and market sector of projected Medicinal Mushroom Extracts sales for 2025 through 2031. With Medicinal Mushroom Extracts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medicinal Mushroom Extracts industry.

This Insight Report provides a comprehensive analysis of the global Medicinal Mushroom Extracts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medicinal Mushroom Extracts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medicinal Mushroom Extracts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medicinal Mushroom Extracts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medicinal Mushroom Extracts.

This report presents a comprehensive overview, market shares, and growth opportunities of Medicinal Mushroom Extracts market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Powder
Liquid

Segmentation by Application:
Medicine
Health Products

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Verygrass
Amino Up Chemical
Nammex
Baikal Herbs Ltd.
Johncan international
Aloha Medicinals
Limonnik
Fungi Perfecti
Kangxin
Shaanxi Undersun Biomedtech
GanoHerb
NutraGenesis
Naturalin
Lgberry
Nyishar
Oriveda bv
Real Mushrooms
Innophos

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medicinal Mushroom Extracts market?

What factors are driving Medicinal Mushroom Extracts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medicinal Mushroom Extracts market opportunities vary by end market size?

How does Medicinal Mushroom Extracts break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.