Global Functional Mushroom Market Size & Outlook, 2024-2030
Global functional mushroom market, 2018-2030 (US$M)
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Global functional mushroom market highlights
- The global functional mushroom market generated a revenue of USD 31,708.8 million in 2023 and is expected to reach USD 65,833.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.2% by 2030.
- In terms of segment, shiitake accounted for a revenue of USD 11,749.9 million in 2023.
- Reishi is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 31,708.8 million |
| Market revenue in 2030 | USD 65,833.7 million |
| Growth rate | 11.2% (CAGR from 2024 to 2030) |
| Largest segment | Shiitake |
| Fastest growing segment | Reishi |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reishi, Cordyceps, Lions Mane, Turkey Tail, Shiitake, Chaga |
Other key industry trends
- In terms of revenue, the North America accounted for 17.3% of the global functional mushroom market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 8,568.2 million by 2030.
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Functional Mushroom Market Scope
Functional Mushroom Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Monaghan | View profile | 11-50 | Ossett, Wakefield, United Kingdom, Europe | http://www.monaghan-AS1.co.uk |
| SoTru | View profile | 1-10 | San Diego, California, United States, North America | https://www.sotru.com |
| REBBL | View profile | 11-50 | Emeryville, California, United States, North America | http://rebbl.co |
| Monterey Mushrooms | View profile | 1001-5000 | Watsonville, California, United States, North America | https://www.montereymushrooms.com/ |
| M2 Ingredients | View profile | 101-250 | Carlsbad, California, United States, North America | https://www.m2ingredients.com |
| Way Of Will | View profile | 1-10 | Toronto, Ontario, Canada, North America | https://www.wayofwill.com/ |
| North American Medicinal Mushroom Extracts | View profile | 1-10 | Gibsons, British Columbia, Canada, North America | https://www.nammex.com/ |
Global functional mushroom market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to functional mushroom market will help companies and investors design strategic landscapes.
Shiitake was the largest segment with a revenue share of 37.06% in 2023. Horizon Databook has segmented the Global functional mushroom market based on reishi, cordyceps, lions mane, turkey tail, shiitake, chaga covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Functional Mushroom Product Outlook (Revenue, USD Million, 2018-2030)
- Cordyceps
- Shiitake
- Others
- Turkey Tail
- Reishi
- Lions Mane
- Chaga
- Global Functional Mushroom Application Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical
- Dietary Supplements
- Others
- Food and Beverage
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Our clientele includes a mix of functional mushroom market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global functional mushroom market , including forecasts for subscribers. This global databook contains high-level insights into Global functional mushroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global functional mushroom market size, by regions, 2018-2030 (US$M)
Top 10 countries: Functional mushroom market size, 2023 (US$M)
Global functional mushroom market share, by application, 2023 & 2030 (%, US$M)
Functional mushroom market: Opportunity assessment by country
Global functional mushroom market, by region, 2023 (US$M)
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