
Global Functional Mushrooms Market Report and Forecast 2024-2032
Description
Global Functional Mushrooms Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global functional mushrooms market is projected to grow at a CAGR of 8.30% between 2024 and 2032. Aided by the surging awareness of holistic well-being and the myriad health benefits of functional mushrooms, the market is expected to grow significantly by 2032.
Functional mushrooms, renowned for their potent bioactive compounds, have transcended beyond culinary boundaries to carve a niche in the health and wellness sector. These mushrooms, which include varieties such as Reishi, Lion's Mane, Chaga, and Cordyceps, have been integral to traditional medicine, especially in Eastern cultures, for millennia. In recent times, their allure has spread globally, heralded for their adaptogenic, immune-boosting, and cognitive-enhancing properties.
The accelerating consumer shift towards natural remedies and holistic health has been a driving force behind the augmented functional mushrooms market growth. With increasing research corroborating the myriad health benefits of these fungi, ranging from anti-inflammatory effects to cognitive health support, there's been an uptick in their incorporation in dietary supplements, functional foods, and beverages.
Moreover, the fusion of modern science with age-old wisdom has led to innovations like mushroom coffee, mushroom-infused skincare, and even mushroom-based protein powders. According to the functional mushrooms market analysis, such novel applications are testament to the versatility of functional mushrooms and play a pivotal role in enticing a broader consumer base.
The burgeoning trend of adaptogenic herbs and foods, championed by influencers and health enthusiasts alike, further underscores the escalating demand for functional mushrooms. Adaptogens, including several mushroom varieties, are touted for their potential in balancing the body's physiological processes, combatting stress, and promoting homeostasis. The modern consumer, increasingly cognizant of mental well-being and stress management, is turning to these natural allies, thus fuelling the functional mushrooms market demand.
Beyond health supplements, the beauty and skincare industry is also spotlighting functional mushrooms. With their rich antioxidant profiles, these mushrooms are being heralded as the new superfood for the skin, finding their way into serums, moisturisers, and masks. This intersection of beauty and wellness, often termed "beautyceuticals," underscores the multifaceted potential of functional mushrooms.
Simultaneously, as plant-based diets and sustainability take center stage in global consumer trends, functional mushrooms are also being explored as sustainable protein sources. Innovations in food technology have paved the way for mushroom-based meat alternatives, tapping into both the health and sustainability aspects revered by modern consumers.
Market Segmentation
The market can be divided based on product type, application, distribution channel, and region.
Market Breakup by Product Type
- Reishi
- Cordyceps
- Lion’s Mane
- Turkey Tale
- Others
- Food and Beverage
- Dietary Supplements
- Personal Care and Cosmetics
- Pharmaceutical
- Supermarket and Hypermarket
- Convenience Stores
- Online Stores
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global functional mushrooms market. Some of the major players explored in the report by Expert Market Research are as follows:
- Hokkaido Reishi Co., Ltd
- Hirano Mushroom LLC
- Banken Champignons B.V.
- Half Hill Farm Inc
- Asia Pacific Farm Enterprises Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
181 Pages
- 1 Preface
- 2 Report Coverage – Key Segmentation and Scope
- 3 Report Description
- 3.1 Market Definition and Outlook
- 3.2 Properties and Applications
- 3.3 Market Analysis
- 3.4 Key Players
- 4 Key Assumptions
- 5 Executive Summary
- 5.1 Overview
- 5.2 Key Drivers
- 5.3 Key Developments
- 5.4 Competitive Structure
- 5.5 Key Industrial Trends
- 6 Market Snapshot
- 6.1 Global
- 6.2 Region
- 7 Industry Opportunities and Challenges
- 8 Global Functional Mushrooms Market Analysis
- 8.1 Key Industry Highlights
- 8.2 Global Functional Mushrooms Historical Market (2018-2023)
- 8.3 Global Functional Mushrooms Market Forecast (2024-2032)
- 8.4 Global Functional Mushrooms Market by Product Type
- 8.4.1 Reishi
- 8.4.1.1 Market Share
- 8.4.1.2 Historical Trend (2018-2023)
- 8.4.1.3 Forecast Trend (2024-2032)
- 8.4.2 Cordyceps
- 8.4.2.1 Market Share
- 8.4.2.2 Historical Trend (2018-2023)
- 8.4.2.3 Forecast Trend (2024-2032)
- 8.4.3 Lion’s Mane
- 8.4.3.1 Market Share
- 8.4.3.2 Historical Trend (2018-2023)
- 8.4.3.3 Forecast Trend (2024-2032)
- 8.4.4 Turkey Tale
- 8.4.4.1 Market Share
- 8.4.4.2 Historical Trend (2018-2023)
- 8.4.4.3 Forecast Trend (2024-2032)
- 8.4.5 Others
- 8.5 Global Functional Mushrooms Market by Application
- 8.5.1 Food and Beverage
- 8.5.1.1 Market Share
- 8.5.1.2 Historical Trend (2018-2023)
- 8.5.1.3 Forecast Trend (2024-2032)
- 8.5.2 Dietary Supplements
- 8.5.2.1 Market Share
- 8.5.2.2 Historical Trend (2018-2023)
- 8.5.2.3 Forecast Trend (2024-2032)
- 8.5.3 Personal Care and Cosmetics
- 8.5.3.1 Market Share
- 8.5.3.2 Historical Trend (2018-2023)
- 8.5.3.3 Forecast Trend (2024-2032)
- 8.5.4 Pharmaceutical
- 8.5.4.1 Market Share
- 8.5.4.2 Historical Trend (2018-2023)
- 8.5.4.3 Forecast Trend (2024-2032)
- 8.6 Global Functional Mushrooms Market by Distribution Channel
- 8.6.1 Supermarket and Hypermarket
- 8.6.1.1 Market Share
- 8.6.1.2 Historical Trend (2018-2023)
- 8.6.1.3 Forecast Trend (2024-2032)
- 8.6.2 Convenience Stores
- 8.6.2.1 Market Share
- 8.6.2.2 Historical Trend (2018-2023)
- 8.6.2.3 Forecast Trend (2024-2032)
- 8.6.3 Online Stores
- 8.6.3.1 Market Share
- 8.6.3.2 Historical Trend (2018-2023)
- 8.6.3.3 Forecast Trend (2024-2032)
- 8.7 Global Functional Mushrooms Market by Region
- 8.7.1 Market Share
- 8.7.1.1 North America
- 8.7.1.2 Europe
- 8.7.1.3 Asia Pacific
- 8.7.1.4 Latin America
- 8.7.1.5 Middle East and Africa
- 9 Regional Analysis
- 9.1 North America
- 9.1.1 Historical Trend (2018-2023)
- 9.1.2 Forecast Trend (2024-2032)
- 9.1.3 Breakup by Country
- 9.1.3.1 United States of America
- 9.1.3.2 Canada
- 9.2 Europe
- 9.2.1 Historical Trend (2018-2023)
- 9.2.2 Forecast Trend (2024-2032)
- 9.2.3 Breakup by Country
- 9.2.3.1 United Kingdom
- 9.2.3.2 Germany
- 9.2.3.3 France
- 9.2.3.4 Italy
- 9.2.3.5 Others
- 9.3 Asia Pacific
- 9.3.1 Historical Trend (2018-2023)
- 9.3.2 Forecast Trend (2024-2032)
- 9.3.3 Breakup by Country
- 9.3.3.1 China
- 9.3.3.2 Japan
- 9.3.3.3 India
- 9.3.3.4 ASEAN
- 9.3.3.5 Australia
- 9.3.3.6 Others
- 9.4 Latin America
- 9.4.1 Historical Trend (2018-2023)
- 9.4.2 Forecast Trend (2024-2032)
- 9.4.3 Breakup by Country
- 9.4.3.1 Brazil
- 9.4.3.2 Argentina
- 9.4.3.3 Mexico
- 9.4.3.4 Others
- 9.5 Middle East and Africa
- 9.5.1 Historical Trend (2018-2023)
- 9.5.2 Forecast Trend (2024-2032)
- 9.5.3 Breakup by Country
- 9.5.3.1 Saudi Arabia
- 9.5.3.2 United Arab Emirates
- 9.5.3.3 Nigeria
- 9.5.3.4 South Africa
- 9.5.3.5 Others
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyer’s Power
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Trade Data Analysis
- 11.1 Major importing countries
- 11.1.1 By Value
- 11.1.2 By Volume
- 11.2 Major Exporting Countries
- 11.2.1 By Value
- 11.2.2 By Volume
- 12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Company Profiles
- 12.2.1 Hokkaido Reishi Co., Ltd
- 12.2.1.1 Company Overview
- 12.2.1.2 Product Portfolio
- 12.2.1.3 Demographic Reach and Achievements
- 12.2.1.4 Certifications
- 12.2.2 Hirano Mushroom LLC
- 12.2.2.1 Company Overview
- 12.2.2.2 Product Portfolio
- 12.2.2.3 Demographic Reach and Achievements
- 12.2.2.4 Certifications
- 12.2.3 Banken Champignons B.V.
- 12.2.3.1 Company Overview
- 12.2.3.2 Product Portfolio
- 12.2.3.3 Demographic Reach and Achievements
- 12.2.3.4 Certifications
- 12.2.4 Half Hill Farm Inc
- 12.2.4.1 Company Overview
- 12.2.4.2 Product Portfolio
- 12.2.4.3 Demographic Reach and Achievements
- 12.2.4.4 Certifications
- 12.2.5 Asia Pacific Farm Enterprises Inc.
- 12.2.5.1 Company Overview
- 12.2.5.2 Product Portfolio
- 12.2.5.3 Demographic Reach and Achievements
- 12.2.5.4 Certifications
- 12.2.6 Others
- 13 Industry Events and Developments
- List of Key Figures and Tables
- 1. Global Functional Mushrooms Market: Key Industry Highlights, 2018 and 2032
- 2. Global Functional Mushrooms Historical Market: Breakup by Product Type (USD Billion), 2018-2023
- 3. Global Functional Mushrooms Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
- 4. Global Functional Mushrooms Historical Market: Breakup by Application (USD Billion), 2018-2023
- 5. Global Functional Mushrooms Market Forecast: Breakup by Application (USD Billion), 2024-2032
- 6. Global Functional Mushrooms Historical Market: Breakup by Distribution Channels (USD Billion), 2018-2023
- 7. Global Functional Mushrooms Market Forecast: Breakup by Distribution Channels (USD Billion), 2024-2032
- 8. Global Functional Mushrooms Historical Market: Breakup by Region (USD Billion), 2018-2023
- 9. Global Functional Mushrooms Market Forecast: Breakup by Region (USD Billion), 2024-2032
- 10. North America Functional Mushrooms Historical Market: Breakup by Country (USD Billion), 2018-2023
- 11. North America Functional Mushrooms Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 12. Europe Functional Mushrooms Historical Market: Breakup by Country (USD Billion), 2018-2023
- 13. Europe Functional Mushrooms Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 14. Asia Pacific Functional Mushrooms Historical Market: Breakup by Country (USD Billion), 2018-2023
- 15. Asia Pacific Functional Mushrooms Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 16. Latin America Functional Mushrooms Historical Market: Breakup by Country (USD Billion), 2018-2023
- 17. Latin America Functional Mushrooms Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 18. Middle East and Africa Functional Mushrooms Historical Market: Breakup by Country (USD Billion), 2018-2023
- 19. Middle East and Africa Functional Mushrooms Market Forecast: Breakup by Country (USD Billion), 2024-2032
- 20. Major Importing Countries by Value
- 21. Major Exporting Countries by Value
- 22. Major Importing Countries by Volume
- 23. Major Exporting Countries by Volume
- 24. Global Functional Mushrooms Market Structure.
Pricing
Currency Rates
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