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Global Functional Mushroom Market Size study, by Product Type (Reishi, Cordyceps, Lion’s Mane and Others), by Application (Food and Beverage, Pharmaceutical, Neutraceutical & Dietary Supplements, Personal Care, and Cosmetics), by Distribution Channel (Supermarket/Hypermarket, Online Stores, Specialty Stores, Convenience Stores) and Regional Forecasts 2022-2028

  • BIZ4982835
  • 200 Pages
  • May 2022
  • Food and Beverages
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Global Functional Mushroom Market is valued at approximately USD 8.6 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2022-2028. Functional mushrooms are expected to appear in a wide range of medical and pharmaceutical products. This broadens the range of applications for these mushrooms in the food and beverage industry. As functional mushrooms are increasingly incorporated into health supplements, the use of these mushrooms as a functional ingredient in the medical industry is driving the market growth. Several scientific studies have shown that functional mushrooms and mushroom-derived supplements can improve the effectiveness of both the innate and adaptive immune systems, boosting market growth. Marley One, the first global functional and psychedelic mushroom consumer brand, was launched in 2021 by The Marley in collaboration with Silo Wellness Inc., a leading global psychedelics company based in Toronto. Similarly, Psyence Group Inc. announced in 2021 that its joint venture, Goodmind, had partnered with vida e caffè, one of South Africa's largest coffee retail chains, to launch its functional mushroom brand in the country. Furthermore, the use of functional mushroom powder as a cosmetics and personal care ingredient has gained popularity. This is due to its outstanding antioxidant, anti-aging, anti-wrinkle, skin whitening, and moisturising properties, making it an ideal cosmetic ingredient. As a result, a number of multinational brands are gradually developing and launching personal care products with functional mushroom as key ingredient. However, functional mushroom products are more expensive than their counterparts, which may limit the growth of the functional mushroom market.

The key regions considered for the global Functional Mushroom market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific dominated the functional mushroom market, accounting for the majority of market share. This can be attributed to the region's long-standing popularity and substantial consumption of functional mushroom products. China is also the world's largest producer and consumer of functional mushroom products. North America, on the other hand, is expected to grow at a significant rate. Due to lifestyle changes, consumers in this region have become more interested in health-conscious products, such as functional food and beverages. As a result, demand for plant-based food supplements is on the rise.

Major market players included in this report are:

Hokkaido Reishi Co., Ltd

Half Hill Farm Inc

Real Mushrooms

Pan’s Mushroom Jerky

Om Organic Mushroom Nutrition.

Yuguo Farms

Four Sigmatic

South Mill Champs

Banken Champignons Groep Bv

Swadeshi Mushroom Spawn

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type :

Reishi

Cordyceps

Lion’s Mane

Others

By Application:

Food and Beverage

Pharmaceutical, nutraceutical & dietary supplements

Personal Care & Cosmetics

By Distribution Channel:

Supermarket/Hypermarket

Online Stores

Specialty Stores

Convenience stores

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Functional Mushroom Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Functional Mushroom Market, by Region, 2020-2028 (USD Billion)

1.2.2. Functional Mushroom Market, by Product Type, 2020-2028 (USD Billion)

1.2.3. Functional Mushroom Market, by Application, 2020-2028 (USD Billion)

1.2.4. Functional Mushroom Market, by Distribution Channel, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Functional Mushroom Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Functional Mushroom Market Dynamics

3.1. Functional Mushroom Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Rise in functional food & beverage product applications

3.1.1.2. Increase in usage of plant-based ingredients in personal care & cosmetics

3.1.2. Market Challenges

3.1.2.1. High price of the products, poor quality, and low reproducibility

3.1.3. Market Opportunities

3.1.3.1. Surge in demand for organic reishi mushroom products

Chapter 4. Global Functional Mushroom Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Functional Mushroom Market, by Product Type

6.1. Market Snapshot

6.2. Global Functional Mushroom market by Product Type, Performance - Potential Analysis

6.3. Global Functional Mushroom market Estimates & Forecasts by Product Type, 2018-2028 (USD Billion)

6.4. Functional Mushroom market, Sub Segment Analysis

6.4.1. Reishi

6.4.2. Cordyceps

6.4.3. Lion’s Mane

6.4.4. Others

Chapter 7. Global Functional Mushroom Market, by Application

7.1. Market Snapshot

7.2. Global Functional Mushroom market by Application, Performance - Potential Analysis

7.3. Global Functional Mushroom market Estimates & Forecasts by Application, 2018-2028 (USD Billion)

7.4. Functional Mushroom Market, Sub Segment Analysis

7.4.1. Food and Beverage

7.4.2. Pharmaceutical, nutraceutical & dietary supplements

7.4.3. Personal Care & Cosmetics

Chapter 8. Global Functional Mushroom Market, by Distribution Channel

8.1. Market Snapshot

8.2. Global Functional Mushroom market by Distribution Channel, Performance - Potential Analysis

8.3. Global Functional Mushroom market Estimates & Forecasts by Distribution Channel, 2018-2028 (USD Billion)

8.4. Functional Mushroom Market, Sub Segment Analysis

8.4.1. Supermarket/Hypermarket

8.4.2. Online Stores

8.4.3. Specialty Stores

8.4.4. Convenience stores

Chapter 9. Global Functional Mushroom Market, Regional Analysis

9.1. Functional Mushroom market, Regional Market Snapshot

9.2. North America Functional Mushroom market

9.2.1. U.S. Functional Mushroom market

9.2.1.1. Product Type breakdown estimates & forecasts, 2018-2028

9.2.1.2. Application breakdown estimates & forecasts, 2018-2028

9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2018-2028

9.2.2. Canada Functional Mushroom Market

9.3. Europe Functional Mushroom market Snapshot

9.3.1. U.K. Functional Mushroom Market

9.3.2. Germany Functional Mushroom Market

9.3.3. France Functional Mushroom Market

9.3.4. Spain Functional Mushroom Market

9.3.5. Italy Functional Mushroom Market

9.3.6. Rest of Europe Functional Mushroom Market

9.4. Asia-Pacific Functional Mushroom market Snapshot

9.4.1. China Functional Mushroom Market

9.4.2. India Functional Mushroom Market

9.4.3. Japan Functional Mushroom Market

9.4.4. Australia Functional Mushroom Market

9.4.5. South Korea Functional Mushroom Market

9.4.6. Rest of Asia Pacific Functional Mushroom Market

9.5. Latin America Functional Mushroom market Snapshot

9.5.1. Brazil Functional Mushroom Market

9.5.2. Mexico Functional Mushroom Market

9.6. Rest of The World Functional Mushroom Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Hokkaido Reishi Co., Ltd

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Half Hill Farm Inc

10.2.3. Real Mushrooms

10.2.4. Pan’s Mushroom Jerky

10.2.5. Om Organic Mushroom Nutrition.

10.2.6. Yuguo Farms

10.2.7. Four Sigmatic

10.2.8. South Mill Champs

10.2.9. Banken Champignons Groep Bv

10.2.10. Swadeshi Mushroom Spawn

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Functional Mushroom market, report scope

TABLE 2. Global Functional Mushroom market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global Functional Mushroom market estimates & forecasts by Product Type 2018-2028 (USD Billion)

TABLE 4. Global Functional Mushroom market estimates & forecasts by Application 2018-2028 (USD Billion)

TABLE 5. Global Functional Mushroom market estimates & forecasts by Distribution Channel 2018-2028 (USD Billion)

TABLE 6. Global Functional Mushroom market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 7. Global Functional Mushroom market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global Functional Mushroom market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global Functional Mushroom market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global Functional Mushroom market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global Functional Mushroom market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global Functional Mushroom market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global Functional Mushroom market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global Functional Mushroom market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. Global Functional Mushroom market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. U.S. Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 17. U.S. Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 18. U.S. Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 19. Canada Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 20. Canada Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 21. Canada Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 22. UK Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 23. UKFunctional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 24. UKFunctional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 25. Germany Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 26. Germany Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 27. Germany Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 28. RoE Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 29. RoE Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 30. RoE Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 31. China Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 32. China Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 33. China Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 34. India Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 35. India Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 36. India Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 37. Japan Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 38. Japan Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 39. Japan Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 40. RoAPAC Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 41. RoAPAC Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 42. RoAPAC Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 43. Brazil Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 44. Brazil Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 45. Brazil Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 46. Mexico Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 47. Mexico Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 48. Mexico Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 49. RoLA Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 50. RoLA Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 51. RoLA Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 52. Row Functional Mushroom market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 53. Row Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 54. Row Functional Mushroom market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 55. List of secondary sources, used in the study of global Functional Mushroom market

TABLE 56. List of primary sources, used in the study of global Functional Mushroom market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

 
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