Latin America Reishi Mushroom Market Size & Outlook
The reishi mushroom market in Latin America is expected to reach a projected revenue of US$ 399.7 million by 2030. A compound annual growth rate of 11.1% is expected of Latin America reishi mushroom market from 2024 to 2030.
Revenue, 2023 (US$M)
$191.5
Forecast, 2030 (US$M)
$399.7
CAGR, 2024 - 2030
11.1%
Report Coverage
Latin America
Latin America reishi mushroom market highlights
- The Latin America reishi mushroom market generated a revenue of USD 191.5 million in 2023.
- The market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, organic was the largest revenue generating nature in 2023.
- Organic is the most lucrative nature segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 191.5 million |
| Market revenue in 2030 | USD 399.7 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Organic |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic |
| Key market players worldwide | Bio-Botanica, Hokkaido Pharmaceutical Association Public Health Examination Center, Mushroom Science, North American Medicinal Mushroom Extracts |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.1% of the global reishi mushroom market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,944.1 million by 2030.
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Reishi Mushroom Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| North American Medicinal Mushroom Extracts | View profile | 1-10 | Gibsons, British Columbia, Canada, North America | https://www.nammex.com/ |
| Mushroom Science | View profile | 1-10 | Eugene, Oregon, United States, North America | https://mushroomscience.com/ |
| Hokkaido Pharmaceutical Association Public Health Examination Center | View profile | - | Sapporo, Hokkaido, Japan, Asia | https://www.douyakken.or.jp/ |
| Bio-Botanica | View profile | 51-100 | Hauppauge, New York, United States, North America | http://www.bio-botanica.com/ |
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