Functional Mushroom Market - Forecast(2022 - 2027)

Report Code: FBR 71407 Report Format: PDF + Excel

Functional Mushroom Market Overview

Functional Mushroom market size is forecast to reach $15.9 billion by 2026, growing at a CAGR of 7.0% during the forecast period 2021-2026. Functional Mushrooms are the form of mushrooms that grows on the Himalayan plateau and possess nutritional value along with antioxidants (selenium, vitamin C) that helps in strengthening immune systems. Different types of functional mushroom are there such as Reishi Cordyceps Fungus, Turkey Tial, and Chaga among others. It is beneficial with high protein and lower calories as it provides vital minerals and multiple vitamins. Flavors of the functional mushrooms are formed from the volatile organic compounds. It has several medicinal properties. Increasing application of functional mushroom as a functional ingredient in the medical sector and increasing awareness regarding the consumption of the functional food are the major factors driving the growth of the market. Increasing usage of functional mushroom in the health supplements and technological advancements is set to further enhance the overall market development of the Functional Mushroom Market for the period 2021-2026.

Functional Mushroom Market Report Coverage

The report: “Functional Mushroom Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Functional Mushroom Market.
By Type: Reishi Cordyceps Fungus, Lion’s Mane, Turkey Tail, Shiitake, Chaga, and Others
By Application: Food & Beverage, Personal Care, Pharmaceutical, Dietary Supplements, and Others
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa)

Key Takeaways

  • North America dominated the Functional Mushroom Market in 2020 owing to the increasing awareness regarding functional mushroom and increasing demand for personal & cosmetic industry. The Functional Mushroom market scope for different regions will be provided in the final report.
  • Increasing preference of consumers towards cosmetic products and increasing demand for eco-friendly & sustainable food products are likely to aid the market growth of the Functional Mushroom Market report.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Functional Mushroom Market report.
  • Increasing competition and increasing concerns regarding the allergies associated with the functional mushroom is poised to create the hurdles for the Functional Mushroom Market.

Functional Mushroom Market Revenue Share, By Geography, 2020(%)

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Functional Mushroom Market Segment Analysis – By Extraction Process

Shiitake held the largest share in the Functional Mushroom Market in 2020 and is estimated to grow at a CAGR 7.8% during the forecast period 2021-2026. This is owing to the increasing health properties as they have medicinal and nutritional benefits. It supports cardiovascular health, help in weight loss, improve energy levels, and fight cancer cells. It is also used for boosting the immune system and for treating HIV and many other conditions. Reishi Cordyceps Fungus is a parasitic fungus that rows on the larvae of insects. It replaces their tissues and slender stems that grow outside the host’s body. Shiitake are estimated to register the higher CAGR over the period 2021-2026.

Functional Mushroom Market Segment Analysis – By Application

Food & Beverage held the largest share in the Functional Mushroom Market in 2020 and is estimated to grow at a CAGR 7.5% during the forecast period 2021-2026. This is owing to its properties such as antitumor, antimicrobial properties, and antioxidant. Functional mushroom contains all essential amino acids that are required by the human. It also offers various benefits that help loss of weight, fight against cancer, improves the functioning of brain, and assist in cardiovascular health. Increasing use of functional mushroom as a dietary supplements to seek for high protein and low calorie diet and increasing usage in the health supplements is increasing the growth of the segment. Changing preferences of the consumer towards their health benefits and expansion of food & beverage industry is also increasing the growth of the segment. Food & Beverage are estimated to register the higher CAGR over the period 2021-2026.

Functional Mushroom Market Segment Analysis – By Geography

North America dominated the Functional Mushroom Market with a major share of 33.8% in 2020. This is attributed to the increasing government initiatives to enhance consumer knowledge towards new innovations in the field of functional mushroom, and increasing focus on the research & development to adopt functional mushroom in medicinal formulations that offers health benefits. Increasing inclination of the functional mushroom consumers towards the natural products, and increasing number of applications in the healthcare sector is also increasing the growth of the market in this region.

However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing ability of the functional mushroom in lowering cholesterol levels in the body, and proper health functioning. Increasing usage of the functional mushroom in reducing blood pressure, enhancing bone strength, and increasing awareness towards the lifestyle disorders is increasing the growth of the market in this region.

Functional Mushroom Market Drivers

Increasing Prevalence of Cardiovascular Diseases

Increasing prevalence of cardiovascular diseases is increasing the growth of the Functional Mushroom Market. Some of the major causes of cardiovascular disease includes unhealthy diet, usage of tobacco, and physical inactivity among others that raises the blood pressure and blood glucose causing overweight and obesity. According to WHO, Four out of 5 cardiovascular deaths are owing to heart attacks and strokes. Thus, increasing the growth of the Functional Mushroom Market during the forecast period 2021-2026.

Rising Prevalence of Chronic Diseases

Rising prevalence of chronic diseases is increasing the growth of the Functional Mushroom Market. Leading cause of death around the world is owing to the chronic diseases. It is estimated that around 29% of the death is owing to the chronic diseases. 40.5% of the U.S. population suffers from the diseases. Functional mushroom contains vitamin C along with amino acids that helps to maintain a healthy diet. Thus, increasing the growth of the Functional Mushroom Market during the forecast period 2021-2026.

Functional Mushroom Market Challenges

Increasing Competition and Increasing Awareness Regarding the Allergies Associated With the Functional Mushroom

Some of the factors that are set to impede the growth of the Functional Mushroom Market are increasing competition and increasing awareness regarding the allergies associated with the functional mushroom.

Functional Mushroom Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Functional Mushroom Market. In 2020, the Functional Mushroom Market share is consolidated by the top ten players present in the market. The Functional Mushroom Market, top 10 companies are Real Mushrooms, Monterey Mushrooms Inc., Modernmush, Monaghan Mushrooms, Banken Champignons, The Mushroom Company, and Yugo Farms among others.

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1. Functional Mushroom Market- Overview
    1.1 Definitions and Scope
2. Functional Mushroom Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Functional Mushroom Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Functional Mushroom Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Functional Mushroom Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Functional Mushroom Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Functional Mushroom Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Functional Mushroom Market– By Type(Market Size –$Million/$Billion)
    8.1 Reishi Cordyceps Fungus
    8.2 Lion’s Mane
    8.3 Turkey Tail
    8.4 Shiitake
    8.5 Chaga
    8.6 Others
9. Functional Mushroom Market– By Application(Market Size –$Million/$Billion)
    9.1 Food & Beverage
    9.2 Personal Care
    9.3 Pharmaceuticals
    9.4 Dietary Supplements
    9.5 Others
10. Functional Mushroom Market- By Geography(Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Functional Mushroom Market- Entropy
12. Functional Mushroom Market– Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Competition Matrix
        12.1.5 Best Practices for Companies
13. Functional Mushroom Market– Key Company List by Country Premium Premium
14. Functional Mushroom Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Product Type Market 2019-2024 ($M) - Global Industry Research
1.1.1 Reishi Market 2019-2024 ($M)
1.1.2 Cordyceps Market 2019-2024 ($M)
1.1.3 Lions Mane Market 2019-2024 ($M)
1.1.4 Tail Market 2019-2024 ($M)
1.1.5 Shiitake Market 2019-2024 ($M)
1.1.6 Chaga Market 2019-2024 ($M)
1.2 By Application Market 2019-2024 ($M) - Global Industry Research
1.2.1 Food and Beverage Market 2019-2024 ($M)
1.2.2 Dietary Supplements Market 2019-2024 ($M)
1.2.3 Personal Care Market 2019-2024 ($M)
1.2.4 Pharmaceutical Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
2.1 Most Active Companies Market 2019-2024 ($M) - Global Industry Research
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Product Type Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Reishi Market 2019-2024 (Volume/Units)
3.1.2 Cordyceps Market 2019-2024 (Volume/Units)
3.1.3 Lions Mane Market 2019-2024 (Volume/Units)
3.1.4 Tail Market 2019-2024 (Volume/Units)
3.1.5 Shiitake Market 2019-2024 (Volume/Units)
3.1.6 Chaga Market 2019-2024 (Volume/Units)
3.2 By Application Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Food and Beverage Market 2019-2024 (Volume/Units)
3.2.2 Dietary Supplements Market 2019-2024 (Volume/Units)
3.2.3 Personal Care Market 2019-2024 (Volume/Units)
3.2.4 Pharmaceutical Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
4.1 Most Active Companies Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Reishi Market 2019-2024 ($M)
5.1.2 Cordyceps Market 2019-2024 ($M)
5.1.3 Lions Mane Market 2019-2024 ($M)
5.1.4 Tail Market 2019-2024 ($M)
5.1.5 Shiitake Market 2019-2024 ($M)
5.1.6 Chaga Market 2019-2024 ($M)
5.2 By Application Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Food and Beverage Market 2019-2024 ($M)
5.2.2 Dietary Supplements Market 2019-2024 ($M)
5.2.3 Personal Care Market 2019-2024 ($M)
5.2.4 Pharmaceutical Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
6.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Reishi Market 2019-2024 ($M)
7.1.2 Cordyceps Market 2019-2024 ($M)
7.1.3 Lions Mane Market 2019-2024 ($M)
7.1.4 Tail Market 2019-2024 ($M)
7.1.5 Shiitake Market 2019-2024 ($M)
7.1.6 Chaga Market 2019-2024 ($M)
7.2 By Application Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Food and Beverage Market 2019-2024 ($M)
7.2.2 Dietary Supplements Market 2019-2024 ($M)
7.2.3 Personal Care Market 2019-2024 ($M)
7.2.4 Pharmaceutical Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
8.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Reishi Market 2019-2024 ($M)
9.1.2 Cordyceps Market 2019-2024 ($M)
9.1.3 Lions Mane Market 2019-2024 ($M)
9.1.4 Tail Market 2019-2024 ($M)
9.1.5 Shiitake Market 2019-2024 ($M)
9.1.6 Chaga Market 2019-2024 ($M)
9.2 By Application Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Food and Beverage Market 2019-2024 ($M)
9.2.2 Dietary Supplements Market 2019-2024 ($M)
9.2.3 Personal Care Market 2019-2024 ($M)
9.2.4 Pharmaceutical Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
10.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Reishi Market 2019-2024 ($M)
11.1.2 Cordyceps Market 2019-2024 ($M)
11.1.3 Lions Mane Market 2019-2024 ($M)
11.1.4 Tail Market 2019-2024 ($M)
11.1.5 Shiitake Market 2019-2024 ($M)
11.1.6 Chaga Market 2019-2024 ($M)
11.2 By Application Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Food and Beverage Market 2019-2024 ($M)
11.2.2 Dietary Supplements Market 2019-2024 ($M)
11.2.3 Personal Care Market 2019-2024 ($M)
11.2.4 Pharmaceutical Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
12.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Product Type Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Reishi Market 2019-2024 ($M)
13.1.2 Cordyceps Market 2019-2024 ($M)
13.1.3 Lions Mane Market 2019-2024 ($M)
13.1.4 Tail Market 2019-2024 ($M)
13.1.5 Shiitake Market 2019-2024 ($M)
13.1.6 Chaga Market 2019-2024 ($M)
13.2 By Application Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Food and Beverage Market 2019-2024 ($M)
13.2.2 Dietary Supplements Market 2019-2024 ($M)
13.2.3 Personal Care Market 2019-2024 ($M)
13.2.4 Pharmaceutical Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
14.1 Most Active Companies Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Functional Mushroom Market Revenue, 2019-2024 ($M)
2.Canada Functional Mushroom Market Revenue, 2019-2024 ($M)
3.Mexico Functional Mushroom Market Revenue, 2019-2024 ($M)
4.Brazil Functional Mushroom Market Revenue, 2019-2024 ($M)
5.Argentina Functional Mushroom Market Revenue, 2019-2024 ($M)
6.Peru Functional Mushroom Market Revenue, 2019-2024 ($M)
7.Colombia Functional Mushroom Market Revenue, 2019-2024 ($M)
8.Chile Functional Mushroom Market Revenue, 2019-2024 ($M)
9.Rest of South America Functional Mushroom Market Revenue, 2019-2024 ($M)
10.UK Functional Mushroom Market Revenue, 2019-2024 ($M)
11.Germany Functional Mushroom Market Revenue, 2019-2024 ($M)
12.France Functional Mushroom Market Revenue, 2019-2024 ($M)
13.Italy Functional Mushroom Market Revenue, 2019-2024 ($M)
14.Spain Functional Mushroom Market Revenue, 2019-2024 ($M)
15.Rest of Europe Functional Mushroom Market Revenue, 2019-2024 ($M)
16.China Functional Mushroom Market Revenue, 2019-2024 ($M)
17.India Functional Mushroom Market Revenue, 2019-2024 ($M)
18.Japan Functional Mushroom Market Revenue, 2019-2024 ($M)
19.South Korea Functional Mushroom Market Revenue, 2019-2024 ($M)
20.South Africa Functional Mushroom Market Revenue, 2019-2024 ($M)
21.North America Functional Mushroom By Application
22.South America Functional Mushroom By Application
23.Europe Functional Mushroom By Application
24.APAC Functional Mushroom By Application
25.MENA Functional Mushroom By Application