Functional Mushroom Market Size 2024-2028
The functional mushroom market size is forecast to increase by USD 18.91 billion at a CAGR of 10.05% between 2023 and 2028. The market is experiencing significant growth, driven by the increasingly health-conscious consumer population seeking natural alternatives for enhancing their well-being. Functional mushrooms, known for their health-promoting benefits, are gaining popularity due to their ability to boost immunity, enhance cognitive function, and reduce stress. Another major growth factor is the expanding global vegan population, as these mushrooms offer a sustainable and ethical alternative to animal-derived products. However, stringent regulations and guidelines pose challenges to market growth, requiring manufacturers to adhere to strict quality standards and regulatory frameworks. Despite these challenges, the market is expected to continue its upward trajectory, fueled by increasing consumer awareness and demand for functional foods and beverages.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global functional mushroom market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global functional mushroom market 2018 - 2022 ($ billion)
- 4.2 Application Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
- 4.3 Distribution Channel Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
- 4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
- 4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Food and beverage - Market size and forecast 2023-2028
- Exhibit 34: Chart on Food and beverage - Market size and forecast 2023-2028 ($ billion)
- Exhibit 35: Data Table on Food and beverage - Market size and forecast 2023-2028 ($ billion)
- Exhibit 36: Chart on Food and beverage - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Food and beverage - Year-over-year growth 2023-2028 (%)
- 6.4 Pharmaceuticals - Market size and forecast 2023-2028
- Exhibit 38: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ billion)
- Exhibit 39: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ billion)
- Exhibit 40: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
- 6.5 Dietary supplements - Market size and forecast 2023-2028
- Exhibit 42: Chart on Dietary supplements - Market size and forecast 2023-2028 ($ billion)
- Exhibit 43: Data Table on Dietary supplements - Market size and forecast 2023-2028 ($ billion)
- Exhibit 44: Chart on Dietary supplements - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Dietary supplements - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ billion)
- Exhibit 47: Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Distribution Channel
- 7.1 Market segments
- Exhibit 48: Chart on Distribution Channel - Market share 2023-2028 (%)
- Exhibit 49: Data Table on Distribution Channel - Market share 2023-2028 (%)
- 7.2 Comparison by Distribution Channel
- Exhibit 50: Chart on Comparison by Distribution Channel
- Exhibit 51: Data Table on Comparison by Distribution Channel
- 7.3 Offline - Market size and forecast 2023-2028
- Exhibit 52: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 53: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
- Exhibit 54: Chart on Offline - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Offline - Year-over-year growth 2023-2028 (%)
- 7.4 Online - Market size and forecast 2023-2028
- Exhibit 56: Chart on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 57: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
- Exhibit 58: Chart on Online - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Online - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Distribution Channel
- Exhibit 60: Market opportunity by Distribution Channel ($ billion)
- Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
- 9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 UK - Market size and forecast 2023-2028
- Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.10 Germany - Market size and forecast 2023-2028
- Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.11 Canada - Market size and forecast 2023-2028
- Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.12 China - Market size and forecast 2023-2028
- Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ billion)
- Exhibit 108: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2023 and 2028
11 Vendor Landscape
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 Asia Pacific Farm Enterprises Inc.
- Exhibit 115: Asia Pacific Farm Enterprises Inc. - Overview
- Exhibit 116: Asia Pacific Farm Enterprises Inc. - Product / Service
- Exhibit 117: Asia Pacific Farm Enterprises Inc. - Key offerings
- 12.4 CNC Exotic Mushrooms
- Exhibit 118: CNC Exotic Mushrooms - Overview
- Exhibit 119: CNC Exotic Mushrooms - Product / Service
- Exhibit 120: CNC Exotic Mushrooms - Key offerings
- 12.5 Concord Farms
- Exhibit 121: Concord Farms - Overview
- Exhibit 122: Concord Farms - Product / Service
- Exhibit 123: Concord Farms - Key offerings
- 12.6 Half Hill Farm Inc.
- Exhibit 124: Half Hill Farm Inc. - Overview
- Exhibit 125: Half Hill Farm Inc. - Product / Service
- Exhibit 126: Half Hill Farm Inc. - Key offerings
- 12.7 Hirano Mushroom LLC
- Exhibit 127: Hirano Mushroom LLC - Overview
- Exhibit 128: Hirano Mushroom LLC - Product / Service
- Exhibit 129: Hirano Mushroom LLC - Key offerings
- 12.8 Hokkaido Reishi
- Exhibit 130: Hokkaido Reishi - Overview
- Exhibit 131: Hokkaido Reishi - Product / Service
- Exhibit 132: Hokkaido Reishi - Key offerings
- 12.9 LIANFENG SUIZHOU FOOD CO. LTD
- Exhibit 133: LIANFENG SUIZHOU FOOD CO. LTD - Overview
- Exhibit 134: LIANFENG SUIZHOU FOOD CO. LTD - Product / Service
- Exhibit 135: LIANFENG SUIZHOU FOOD CO. LTD - Key offerings
- 12.10 M2 INGREDIENTS
- Exhibit 136: M2 INGREDIENTS - Overview
- Exhibit 137: M2 INGREDIENTS - Product / Service
- Exhibit 138: M2 INGREDIENTS - Key offerings
- 12.11 Mitoku Co. Ltd.
- Exhibit 139: Mitoku Co. Ltd. - Overview
- Exhibit 140: Mitoku Co. Ltd. - Product / Service
- Exhibit 141: Mitoku Co. Ltd. - Key offerings
- 12.12 Monaghan Group
- Exhibit 142: Monaghan Group - Overview
- Exhibit 143: Monaghan Group - Product / Service
- Exhibit 144: Monaghan Group - Key offerings
- 12.13 North American Medicinal Mushroom Extracts
- Exhibit 145: North American Medicinal Mushroom Extracts - Overview
- Exhibit 146: North American Medicinal Mushroom Extracts - Product / Service
- Exhibit 147: North American Medicinal Mushroom Extracts - Key offerings
- 12.14 Pans Mushroom Jerky
- Exhibit 148: Pans Mushroom Jerky - Overview
- Exhibit 149: Pans Mushroom Jerky - Product / Service
- Exhibit 150: Pans Mushroom Jerky - Key offerings
- 12.15 Real Mushrooms
- Exhibit 151: Real Mushrooms - Overview
- Exhibit 152: Real Mushrooms - Product / Service
- Exhibit 153: Real Mushrooms - Key offerings
- 12.16 REBBL, Inc.
- Exhibit 154: REBBL, Inc. - Overview
- Exhibit 155: REBBL, Inc. - Product / Service
- Exhibit 156: REBBL, Inc. - Key offerings
- 12.17 Swadeshi Mushroom
- Exhibit 157: Swadeshi Mushroom - Overview
- Exhibit 158: Swadeshi Mushroom - Product / Service
- Exhibit 159: Swadeshi Mushroom - Key offerings
13 Appendix
- 13.2 Inclusions and exclusions checklist
- Exhibit 160: Inclusions checklist
- Exhibit 161: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 162: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 163: Research methodology
- Exhibit 164: Validation techniques employed for market sizing
- Exhibit 165: Information sources
- 13.5 List of abbreviations
- Exhibit 166: List of abbreviations
Get the report (PDF) sent to your email within minutes.