20-January-2023

Medicinal Mushrooms Market Share, Segments, Trends, Growth, and Geography- Analysis and Forecast 2023-2027

The medicinal mushroom market size was USD 6640.65 in 2017 and is estimated to reach USD 5,939.97 million, progressing at a CAGR of 9.96% by 2027. The health-promoting benefits of medicinal mushrooms are a key factor driving the medicinal mushroom market growth. 

Don’t miss out on the business opportunities in the Medicinal Mushrooms Market. Unlock the Sample Report and gain crucial market insights that will benefit your business growth.

Browse Technavio's 162-page report and in-depth TOC on "Medicinal Mushrooms Market by usage (antioxidant, immune enhancer, anti-cancer, skincare, and others), product (chaga mushroom, reishi mushroom, and other medicinal mushrooms), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

View detailed Table of Contents Here: https://www.technavio.com/report/medicinal-mushrooms-market-industry-analysis?v1

Medicinal Mushrooms Market Share, Segments, Trends, Growth, and Geography- Analysis and Forecast 2023-2027

The medicinal mushrooms market structure is fragmented in nature and the vendors are deploying growth strategies such as acquisitions, product launches, and others to promote their businesses in the global market. Some of the major medicinal mushrooms market vendors are:  

  • Aloha Medicinals
  • Asia Pacific Farm Enterprises Inc.
  • Banken Champignons B.V.
  • Bio Botanica Inc.
  • Concord Farms
  • DXN Holdings Bhd
  • Far West Fungi
  • Four Sigmatic Foods Inc.
  • Fungi Perfecti LLC
  • Gourmet Mushrooms Ltd.
  • Natures Way Products LLC
  • Nikkei Canada Marketing Ltd.
  • Nyishar
  • Oriveda BV
  • PREMIUM HOKKAIDO Co. Ltd.

APAC Accounts for the Largest Market Share in the Medicinal Mushrooms Market 

Based on geography, the medicinal mushroom market is segmented across APAC, North America, Europe, South America, the Middle East, and Africa. APAC is projected to contribute 42% of the medicinal mushrooms market size by 2027. Increased awareness of mushroom health benefits will propel the regional market in focus during the forecast period.

Factors Impacting the Medicinal Mushrooms Market Growth 

  • The health-promoting benefits of medicinal mushrooms are a key factor driving the medicinal mushrooms' market value. 

  • The growing vegan population is the major medicinal mushrooms market trend which will positively influence market growth. 

  • The adverse effects of natural calamities on crop yields are a major challenge to the medicinal mushroom market size. 

Technavio’s research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the medicinal mushrooms market. Download the PDF Sample Report 

Key Highlights Covered in the Report  

  • YOY growth rate of the medicinal mushrooms market. 

  • A diversified analysis of the market’s competitive landscape and detailed information about vendors. 

  • Accurate prediction about upcoming trends and changes in consumer behavior across (geography). 

  • Comprehensive details of factors that will impact the growth of medicinal mushroom market vendors. 

Read More Read Less
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>