Germany Functional Mushroom Market Size & Outlook, 2024-2030
Global Market
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Germany functional mushroom market highlights
- The Germany functional mushroom market generated a revenue of USD 769.9 million in 2023 and is expected to reach USD 1,615.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, shiitake was the largest revenue generating product in 2023.
- Reishi is the most lucrative product segment registering the fastest growth during the forecast period.
Functional mushroom market data book summary
| Market revenue in 2023 | USD 769.9 million |
| Market revenue in 2030 | USD 1,615.5 million |
| Growth rate | 11.4% (CAGR from 2024 to 2030) |
| Largest segment | Shiitake |
| Fastest growing segment | Reishi |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reishi, Cordyceps, Lions Mane, Turkey Tail, Shiitake, Chaga |
| Key market players worldwide | Way Of Will, M2 Ingredients, Monterey Mushrooms, REBBL, SoTru, North American Medicinal Mushroom Extracts, Monaghan |
Other key industry trends
- In terms of revenue, Germany accounted for 2.4% of the global functional mushroom market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy functional mushroom market is projected to lead the regional market in terms of revenue in 2030.
- Poland is the fastest growing regional market in Europe and is projected to reach USD 2,314.7 million by 2030.
Growing technological innovation in the nutraceutical sector offers new opportunities in Europe for players in the functional mushroom-based dietary supplements market. According to data published by the Biobank in 2022, approximately 82% of men and 91% of women in Germany seek functional ingredients having high antioxidant properties.
The demand for such functional foods in the country increased by 56% in 2021. Thus, retail and household consumption of functional mushrooms is expected to remain strong as consumers increasingly prefer immunity boosting functional food products.
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Functional Mushroom Market Scope
Functional Mushroom Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| North American Medicinal Mushroom Extracts | View profile | 1-10 | Gibsons, British Columbia, Canada, North America | www.nammex.com/ |
| Way Of Will | View profile | 1-10 | Toronto, Ontario, Canada, North America | www.wayofwill.com/ |
| M2 Ingredients | View profile | 101-250 | Carlsbad, California, United States, North America | www.m2ingredients.com |
| Monterey Mushrooms | View profile | 1001-5000 | Watsonville, California, United States, North America | www.montereymushrooms.com/ |
| REBBL | View profile | 11-50 | Emeryville, California, United States, North America | rebbl.co |
| SoTru | View profile | 1-10 | San Diego, California, United States, North America | www.sotru.com |
| Monaghan | View profile | 11-50 | Ossett, Wakefield, United Kingdom, Europe | www.monaghan-AS1.co.uk |
Germany 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 Outlook will help companies and investors design strategic landscapes.
Shiitake was the largest segment with a revenue share of 37.15% in 2023.
Horizon Databook has segmented the Germany 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.
Growing technological innovation in the nutraceutical sector offers new opportunities in Europe for players in the functional mushroom-based dietary supplements market. According to data published by the Biobank in 2022, approximately 82% of men and 91% of women in Germany seek functional ingredients having high antioxidant properties.
The demand for such functional foods in the country increased by 56% in 2021. Thus, retail and household consumption of functional mushrooms is expected to remain strong as consumers increasingly prefer immunity boosting functional food products.
- Germany Functional Mushroom Market Product Type Outlook (Revenue, USD Million , 2018-2030)
- Reishi
- Cordyceps
- Lions Mane
- Turkey Tail
- Shiitake
- Chaga
- Others
- Germany Functional Mushroom Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food and Beverage
- Dietary Supplements
- Pharmaceutical
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Functional Mushroom Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Functional Mushroom Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Germany Functional Mushroom Market, 2018-2030 (US$M)
Germany functional mushroom market statistics, by product, 2018-2030 (US$M)
