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Medicinal Mushroom Trends and Forecast
The future of the global medicinal mushroom market looks promising with opportunities in the reishi, maitake, shiitake, chaga, cordyceps, and turkey tail markets. The global medicinal mushroom market is expected to reach an estimated $52.9 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing vegan population, rising global frequency of health issues, and growing demand for protein-rich diet.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Medicinal Mushroom by Segment
The study includes a forecast for the global medicinal mushroom by type, function, form, and region.
Medicinal Mushroom Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Reishi
• Maitake
• Shiitake
• Chaga
• Cordyceps
• Turkey Tail
• Others
Medicinal Mushroom Market by Function [Shipment Analysis by Value from 2018 to 2030]:
• Antioxidant
• Immune Enhancer
• Anti-Cancer
• Skin Care
• Other
Medicinal Mushroom Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Fresh
• Dried
• Others
Medicinal Mushroom Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Medicinal Mushroom Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medicinal mushroom companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medicinal mushroom companies profiled in this report include-
• Future Kind
• Supermush
• FreshCap Mushrooms
• Hokkaido Reishi
• Mushroom Design
Medicinal Mushroom Market Insights
Lucintel forecasts that fresh will remain the largest segment over the forecast period due to rising demand for more nutritious preservatives-free food developments and organic food.
North America will remain the largest region over the forecast period due to the expansion in the cultivation of shiitake on biological and synthetic logs, as well as, growing consumer awareness.
Features of the Global Medicinal Mushroom Market
Market Size Estimates: Medicinal mushroom market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Medicinal mushroom market size by type, function, form, and region in terms of value ($B).
Regional Analysis: Medicinal mushroom market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, function, form, and regions for the medicinal mushroom market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the medicinal mushroom market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the medicinal mushroom market size?
Answer: The global medicinal mushroom market is expected to reach an estimated $52.9 billion by 2030.
Q2. What is the growth forecast for medicinal mushroom market?
Answer: The global medicinal mushroom market is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the medicinal mushroom market?
Answer: The major drivers for this market are increasing vegan population, rising global frequency of health issues, and growing demand for protein-rich diet.
Q4. What are the major segments for medicinal mushroom market?
Answer: The future of the global medicinal mushroom market looks promising with opportunities in the reishi, maitake, shiitake, chaga, cordyceps, and turkey tail markets.
Q5. Who are the key medicinal mushroom market companies?
Answer: Some of the key medicinal mushroom companies are as follows:
• Future Kind
• Supermush
• FreshCap Mushrooms
• Hokkaido Reishi
• Mushroom Design
Q6. Which medicinal mushroom market segment will be the largest in future?
Answer: Lucintel forecasts that fresh will remain the largest segment over the forecast period due to rising demand for more nutritious preservatives-free food developments and organic food.
Q7. In medicinal mushroom market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the expansion in the cultivation of shiitake on biological and synthetic logs, as well as, growing consumer awareness.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the medicinal mushroom market by type (reishi, maitake, shiitake, chaga, cordyceps, turkey tail, and others), function (antioxidant, immune enhancer, anti-cancer, skin care, and other), form (fresh, dried, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Medicinal Mushroom Market, Medicinal Mushroom Market Size, Medicinal Mushroom Market Growth, Medicinal Mushroom Market Analysis, Medicinal Mushroom Market Report, Medicinal Mushroom Market Share, Medicinal Mushroom Market Trends, Medicinal Mushroom Market Forecast, Medicinal Mushroom Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Medicinal Mushroom Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Medicinal Mushroom Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Medicinal Mushroom Market by Type
3.3.1: Reishi
3.3.2: Maitake
3.3.3: Shiitake
3.3.4: Chaga
3.3.5: Cordyceps
3.3.6: Turkey Tail
3.3.7: Others
3.4: Global Medicinal Mushroom Market by Function
3.4.1: Antioxidant
3.4.2: Immune Enhancer
3.4.3: Anti-Cancer
3.4.4: Skin Care
3.4.5: Other
3.5: Global Medicinal Mushroom Market by Form
3.5.1: Fresh
3.5.2: Dried
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Medicinal Mushroom Market by Region
4.2: North American Medicinal Mushroom Market
4.2.2: North American Medicinal Mushroom Market by Form: Fresh, Dried, and Others
4.3: European Medicinal Mushroom Market
4.3.1: European Medicinal Mushroom Market by Type: Reishi, Maitake, Shiitake, Chaga, Cordyceps, Turkey Tail, and Others
4.3.2: European Medicinal Mushroom Market by Form: Fresh, Dried, and Others
4.4: APAC Medicinal Mushroom Market
4.4.1: APAC Medicinal Mushroom Market by Type: Reishi, Maitake, Shiitake, Chaga, Cordyceps, Turkey Tail, and Others
4.4.2: APAC Medicinal Mushroom Market by Form: Fresh, Dried, and Others
4.5: ROW Medicinal Mushroom Market
4.5.1: ROW Medicinal Mushroom Market by Type: Reishi, Maitake, Shiitake, Chaga, Cordyceps, Turkey Tail, and Others
4.5.2: ROW Medicinal Mushroom Market by Form: Fresh, Dried, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Medicinal Mushroom Market by Type
6.1.2: Growth Opportunities for the Global Medicinal Mushroom Market by Function
6.1.3: Growth Opportunities for the Global Medicinal Mushroom Market by Form
6.1.4: Growth Opportunities for the Global Medicinal Mushroom Market by Region
6.2: Emerging Trends in the Global Medicinal Mushroom Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Medicinal Mushroom Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Medicinal Mushroom Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Future Kind
7.2: Supermush
7.3: FreshCap Mushrooms
7.4: Hokkaido Reishi
7.5: Mushroom Design
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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