Latest News - Psychedelic Mushroom Products Market in US: Psilocybe is expected to lead the Product segment during 2025-2029

The Psychedelic Mushroom Products Market in US is being driven by Growing acceptance of psychedelic substances

The Psychedelic Mushroom Products Market in US is expected to grow at a CAGR of 9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 328.2 million. The psychedelic mushroom products market in the US is experiencing significant growth due to the increasing trend of microdosing for mental wellness and cognitive enhancement. Microdosing involves consuming sub-perceptual doses of psychedelic compounds, such as mushrooms, to generate subtle effects without causing a full psychedelic experience. This practice has gained popularity based on anecdotal reports suggesting potential benefits for mood enhancement, increased creativity, and improved attention, without the severe psychoactive effects associated with traditional use. Users often adhere to regular dosing regimens, integrating microdosing into their wellness routines as an alternative approach to mental health. The market response to this desire for innovative mental health solutions is evident in the emergence of pre-dosed microdosing capsules, further expanding product offerings. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Psilocybe
  • Gymnopilus
  • Panaeolus
• Type
  • Dried
  • Fresh
  • Processed
• Application
  • De-addiction
  • Recreational
  • Therapeutic
• Distribution Channel
  • Licensed Clinics
  • Online Platforms
  • Dispensaries
• Geography
  • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing acceptance of psychedelic substances
• Ongoing research into therapeutic and medical potential of psychedelic mushrooms
• Evolving legal landscapes and decriminalization efforts with respect to psychedelic substances

However, the market also witnesses some limitations, which are as follows:

• Ensuring consistent psychedelic mushroom products quality and potency
• Challenges with medical application of psychedelic drugs
• Challenges of limited access to traditional funding sources for smaller players

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Market Scope in Psychedelic Mushroom Products Market in US Research Report

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Research Analysis Overview

The Psychedelic Mushroom Products Market in the US encompasses various aspects of psychedelic experiences, with a focus on mushroom strains, cultivation techniques, and extraction methods. It explores mushroom genetics, biology, chemistry, and pharmacology, advancing psychedelic science and medicine. Mushroom-based therapies and assisted therapy are at the forefront, with integration, community, culture, education, and advocacy driving growth. Sustainability, ethics, safety protocols, quality control, standardization, certification, testing, and packaging are essential components ensuring product safety and efficacy.

Market Research Overview

The Psychedelic Mushroom Products market in the US encompasses businesses engaged in the production and sale of psychedelic mushroom-derived items, such as psilocybin mushrooms, magic mushrooms, functional mushrooms, and medicinal mushrooms, for therapeutic and recreational purposes. This market's size is determined by Technavio based on the consolidated revenue of the participating vendors. The market does not include manufacturers of equipment used for mushroom cultivation or processing. Excluded from this market are producers of packaged alcoholic and non-alcoholic beverages, including mushroom teas, but not mushroom supplements. Market expansion will be fueled by the increasing acceptance of psychedelic therapy for mental health conditions and the growing awareness of the potential health benefits of functional and medicinal mushrooms. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/