Mushroom Tea Market - Forecast(2024 - 2030)

Report Code: FBR 0651 Report Format: PDF + Excel

Mushroom Tea Market Overview:

Mushroom Tea Market size is estimated to reach $215 million by 2031, growing at a CAGR of 7.3% during the forecast period 2024-2031. 
Mushroom tea typically refers to a beverage made by steeping dried mushrooms, often medicinal or edible varieties like reishi, chaga, or shiitake, in hot water. These teas are believed to have various health benefits and have been used in traditional medicine for centuries. Mushroom teas can vary in flavour and potential benefits depending on the type of mushroom used. 
They are often consumed for their potential immune-boosting, anti-inflammatory, and antioxidant properties. It's important to note that while some people find mushroom tea enjoyable and potentially beneficial, it's always a good idea to consult with a healthcare professional before adding any new herbal or mushroom-based remedies to your diet, especially if you have underlying health conditions or are taking medications.
 

Market Snapshot: 

Mushroom Tea Market - Report Coverage:

The “Mushroom Tea Market Report - Forecast (2024-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the Mushroom Tea Market.
 
 
Attribute Segment

By Nature

  • Organic

  • Conventional

By Form

  • Powder

  •  Liquid

 

By Type

  • Chaga Mushroom Tea

  • Reishi Mushroom Tea

  • Lion's Mane Mushroom Tea

  • Maitake Mushroom Tea

  • Others

 

By Packaging Type

  • Plastic Containers

  • Paper Pouches

  • Tea Bags

  •  Aluminium Cans

  • Glass Bottles

  •  Others

By Distribution Channel

  • Online Sales

  • Supermarkets

  • Convenience Stores

  • Specialty Stores

 

By Geography

  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia, and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia, and Rest of South America)

  •  Rest of the World (Middle East and Africa).

 
 
 
COVID-19 / Ukraine Crisis - Impact Analysis:  
 
The COVID-19 pandemic impacted the Mushroom Tea market in various ways. COVID-19 led to heightened awareness of health and immunity. This could have resulted in greater interest in mushroom teas, as some varieties are believed to have immune-boosting properties. The pandemic disrupted global supply chains, affecting the availability of certain ingredients, including mushrooms. This might have impacted the production and availability of mushroom teas.
The Ukraine crisis could impact the mushroom tea market through supply chain disruptions, changes in global commodity prices, currency exchange rate fluctuations, shifts in consumer sentiment, and broader economic repercussions. Ukraine is a significant exporter of agricultural products, including some ingredients used in the production of mushroom tea. Any disruptions in Ukraine's agricultural exports, such as delays in shipments or price fluctuations, could affect the availability and cost of key ingredients for mushroom tea production
Key Takeaways:
Chaga Mushroom Tea is Leading the Market
 Chaga mushrooms (Inonotus obliquus) have been traditionally used in various cultures for their potential health benefits, and this has contributed to their popularity as a key ingredient in mushroom teas. Chaga mushrooms are known for their potential health benefits, including antioxidant and anti-inflammatory properties. Many consumers are drawn to chaga tea for its reputed ability to support the immune system and overall well-being. Chaga mushroom tea aligns with the holistic approach to wellness, which considers not only physical health but also mental and emotional well-being. Some consumers view chaga tea as a part of their holistic health regimen.
 
Limited Consumer Awareness is Holding Back the Market Growth 
Many consumers may not be aware of what mushroom tea is, its potential health benefits, or how to prepare it. This lack of understanding can deter them from trying or incorporating it into their routines. Without proper awareness, potential consumers might be skeptical about the safety and effectiveness of mushroom tea. They may be hesitant to try a product they know little about, which can impede market growth. Low consumer awareness can result in limited demand for mushroom tea, causing producers to hesitate in expanding production or introducing new varieties, thus hindering market growth.
 
Fastest Growth of Asia Pacific Region
APAC to witness the highest CAGR 8.4% from 2024 to 2031 owing to the health-conscious consumers in APAC countries. Mushrooms, including those used in mushroom tea, have a long history of culinary and medicinal use in many Asian cultures. As these regions experience economic growth and globalization, there is a resurgence of interest in traditional ingredients like mushrooms, including their use in teas and herbal remedies. The Asia-Pacific region has witnessed a significant rise in health and wellness awareness. Mushroom tea, with its potential health benefits, aligns well with this trend. It's perceived as a natural and holistic way to support well-being, which appeals to health-conscious consumers in the region.
 
High Production Cost
The process of cultivating mushrooms, especially certain medicinal varieties like reishi or chaga, can be complex and time-consuming. It requires specific environmental conditions, careful monitoring, and sometimes specialized equipment, all of which contribute to production costs. Sourcing high-quality mushrooms, especially those with reputed health benefits, may require partnerships with specific growers or regions. Additionally, efforts to ensure sustainable and ethical sourcing can add costs to the production process.
 
Increasing Awareness Regarding Health and Wellness 
Many types of mushrooms used in mushroom tea, such as reishi, chaga, and lion's mane, are known for their potential health benefits. These mushrooms contain bio active compounds that are believed to support various aspects of health, including immune function, cognitive health, and overall well-being. As people become more health-conscious, there is a growing interest in natural and herbal remedies. Mushroom tea fits into this trend as it is perceived as a natural and plant-based beverage with potential therapeutic properties. The mushroom tea market is part of the broader trend of functional beverages. Consumers are seeking beverages that not only quench their thirst but also provide specific health benefits. Mushroom teas are positioned as functional beverages due to their potential to support health and wellnes
 
 
                                                                                  Mushroom Tea Market Share (%) By Region, 2023
                                                                          
                                                                               For More Details on This Report -  Request Sample
 
 Key Market Players: 
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Mushroom Tea Market. The top 10 companies in this industry are listed below:
 
  1. Four Sigmatic

  2. Teaonic

  3. Harney & Sons

  4. Mushroom Cups

  5. Real Mushrooms

  6. OM Mushrooms

  7. Peak and Valley

  8. Superfeast

  9. Sayan Health Inc

  10. Chaga Mountain Inc

Scope of the Report: 

 
Report Metric Details

Base Year Considered

2023

Forecast Period

2024–2031

CAGR

7.3%

Market Size in 2031

$215 Million

Segments Covered

Nature, Form, Type, Packaging Type, Distribution Channel, Geography

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. Four Sigmatic

  2. Teaonic

  3. Harney & Sons

  4. Mushroom Cups

  5. Real Mushrooms

  6. OM Mushrooms

  7. Peak and Valley

  8. Superfeast

  9. Sayan Health Inc

  10. Chaga Mountain Inc

 

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 1.Mushroom Tea Market- Overview
 2.Global Mushroom Tea Market- Overview
 3.Global Mushroom Tea Market- Executive Summary
 4.Global Mushroom Tea Market–Comparative Analysis 
    4.1. Company Benchmarking – Key Companies
    4.2. Financials Analysis–Key Companies
    4.3. Market Share Analysis- Key Companies
    4.4. Patent Analysis - Global
    4.5. Pricing Analysis–Average Pricing
 5.Global Mushroom Tea Market– Startup companies Scenario Premium 
    5.1. Investments
    5.2. Revenue
    5.3. Venture Capital and Funding Scenario
 6.Global Mushroom Tea Market– Industry Market Entry Scenario Premium 
    6.1. Regulatory Framework Overview
    6.2. New Business and Ease of Doing business index
    6.3. Case studies of successful ventures
 7.Global Mushroom Tea Market - Forces
    7.1. Market Drivers
    7.2. Market Constraints & Challenges
    7.3. Porters five force model
        7.3.1. Bargaining power of suppliers
        7.3.2. Bargaining powers of customers
        7.3.3. Threat of new entrants
        7.3.4. Rivalry among existing players
        7.3.5. Threat of substitutes 
 8.Global Mushroom Tea Market- Strategic Analysis 
    8.1. Value Chain Analysis
    8.2. Opportunities Analysis
    8.3. Market Life Cycle Analysis
 9.Global Mushroom Tea Market- By Nature
    9.1. Organic
    9.2. Conventional
 10.Global Mushroom Tea Market- By Form
    10.1 .Powder
    10.2. Liquid
 11.Global Mushroom Tea Market- By Type
    11.1. Chaga Mushroom Tea
    11.2. Reishi Mushroom Tea
    11.3. Lion's Mane Mushroom Tea
    11.4. Maitake Mushroom Tea
    11.5. Others
 12.Global Mushroom Tea Market- By Packaging Type
    12.1. Plastic Containers
    12.2. Paper Pouches
    12.3. Tea Bags
    12.4. Aluminium Cans
    12.5. Glass Bottles
    12.6. Others
 13.Global Mushroom Tea Market- By Distribution Channel
    13.1. Online Sales
    13.2. Supermarkets
    13.3. Convenience Stores
    13.4. Specialty Stores
 12.Global Mushroom Tea Market- By Geography
    12.1. North America
        12.1.1. U.S.
        12.1.2. Canada
        12.1.3. Mexico
    12.2. Europe
        12.2.1. U.K.
        12.2.2. Germany
        12.2.3. France
        12.2.4. Italy
        12.2.5. Spain
        12.2.6. Russia
        12.2.7. Netherlands
        12.2.8. Rest of Europe
    12.3. Asia-Pacific
        12.3.1. China
        12.3.2. Japan
        12.3.3. South Korea
        12.3.4. India
        12.3.5. Australia
        12.3.6. Indonesia
        12.3.7. Malaysia
        12.3.8. Rest of Asia-Pacific
    12.4. South America
        12.4.1. Brazil
        12.4.2. Argentina
        12.4.3. Chile
        12.4.4. Colombia
        12.4.5. Others
    12.5. Rest of the World
        12.5.1. Middle East
        12.5.2. Africa
 13.Global Mushroom Tea Market – Entropy
 14.Global Mushroom Tea Market – Industry/Segment Competition Landscape Premium  
    14.1. Market Share Analysis
        14.1.1. Market Share by Region – Key companies
        14.1.2. Market Share by Countries – Key Companies
    14.2. Competition Matrix
    14.3. Best Practices for Companies
 15.Global Mushroom Tea Market– Key Company List by Country Premium 
 16.Global Mushroom Tea Market Company Analysis (Overview, Financials, Developments, Product Portfolio)
    16.1. Four Sigmatic
    16.2. Teaonic
    16.3. Harney & Sons
    16.4. Mushroom Cups
    16.5. Real Mushrooms
    16.6. OM Mushrooms
    16.7. Peak and Valley
    16.8. Superfeast
    16.9. Sayan Health Inc
    16.10.Chaga Mountain Inc
 

"*Financials would be provided on a best-efforts basis for private companies"

The Mushroom Tea Market is projected to grow at 7.3% CAGR during the forecast period 2024-2031.

Global Mushroom Tea Market size is estimated to be $131 Million in 2024 and is projected to reach $215 million by 2031.

The leading players in the Mushroom Tea Market are Four Sigmatic, Teaonic, Harney & Sons, Mushroom Cups, Real Mushrooms, OM Mushrooms, Peak and Valley, Superfeast, Sayan Health Inc, Chaga Mountain Inc and Others

Increasing Awareness Regarding Health and Wellness, Chaga Mushroom Tea is Leading the Market are some of the major Mushroom Tea Market trends in the industry which will create growth opportunities for the market during the forecast period

Rising Demand in Hotel, Collaborations and Partnerships are the opportunities in the market.