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2021
Functional Mushroom Market

Functional Mushroom Market by Product Type (Reishi, Cordyceps, Lion’s Mane, and Others), Application (and Beverage, pharmaceutical, nutraceutical & dietary supplements, and personal care & cosmetics), and Distribution Channel (Supermarket/Hypermarket, Online Stores, Specialty Stores, and Convenience Stores): Global Opportunity Analysis and Industry Forecast, 2021–2030

A14273
Pages: 280
Oct 2021 | 237 Views
   
Author(s) : Raju Kale , Roshan Deshmukh
Tables: 142
Charts: 63
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global functional mushroom market was valued at $7,981.2 million in 2020, and is projected to reach $19,331.5 million by 2030, registering a CAGR of 9.3%. Asia-Pacific was the highest revenue contributor, accounting for $3,717.6 million in 2020, with a CAGR of 9.0% 

A mushroom is a vegetable with a fleshy fungus that provides nutrients such as vitamins, potassium, and selenium. With sufficient light, humidity, ventilation, temperature, nutrients, pH, and air pressure, mushrooms need a regulated climate.

Functional-Mushroom-Market-2021-2030

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These types of mushrooms are known to be packed with antioxidants and nutritional value, with a plethora of health claims for each. These mushrooms have been used for hundreds of years due to their medicinal properties and superfood benefits. Their rise in popularity is thanks to the intensive research conducted over the years and the increased demand for natural solutions to health.

The health conscious people prefer low fat and low calorie food. Mushrooms are low in calories and contain high vitamins and nutrients including iron, zinc and fiber. They have little sodium and no fat and cholesterol. A study found that various types of mushrooms such as reishi, button, lion mane, crimini, and portabella, are rich in total dietary fibers. Mushrooms help the body to strengthen itself and fight with the diseases as they contain a large amount of antioxidants. Due to these nutritional properties, the demand of functional mushrooms is going to rise. During the forecast period from 2021 to 2030, this is intended to drive the market growth of functional mushrooms.

Moreover, the application of functional mushroom powder as an ingredient in cosmetics & personal care products has gained high traction. This is due to its exceptional antioxidant, anti-aging, anti-wrinkle, skin whitening, and moisturizing effects, which makes it ideal ingredient for cosmetics products. Hence, several multinational brands are gradually developing and launching personal care products manufactured using functional mushroom as a chief ingredient. However, functional mushroom products are priced higher as compared to its counterparts and hence it can cause hinderance in the functional mushroom market growth. 

Owing to the outspread of COVID-19, the functional mushroom market has been largely impacted due to lack of availability of workers, which in turn affected the production capacity. Furthermore, due to closures of wholesale markets, producers had to solely rely on supermarkets and e-commerce traders to market the mushroom products. Hence, the market for functional mushrooms was largely impacted during the pandemic.

According to functional mushroom market analysis, the market is segmented into product type, application, distribution channel, and region. On the basis of product type, the functional mushroom market report is categorized into Reishi, Cordyceps, Lion’s Mane, and others. By application, it is segregated into Food and Beverage, pharmaceutical, nutraceutical & dietary supplements, and personal care & cosmetics.

According to distribution channel, it is divided into supermarket & hypermarket, specialty store, convenience store, and online stores. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Singapore, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, the UAE, Nigeria, Saudi Arabia, South Africa, and rest of LAMEA).    

On the basis of product type, the reishi mushroom segment accounted for the maximum share in the global market in 2020, and is expected to remain dominant during the functional mushroom market forecast period. There has been a trend and substantial growth in developing natural drugs to prevent and treat several immunological diseases over the last decades. The fruiting bodies of reishi mushroom species have gained popularity as dietary supplements in China, Japan, North America, and other regions of the world. 

Functional Mushroom Market
By Product Type

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Lion's Mane segment would witness the fastest growth, registering a CAGR of 9.9% during the forecast period.

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On the basis of application, the pharmaceutical, nutraceutical & dietary supplements segment accounts to higher value share. Functional mushrooms have highly prized medicinal value, since they contain many chemical constituents with potential nutritional and therapeutic values. The fruiting bodies of mushroom species have gained popularity as dietary supplements in China, Japan, North America, and other regions of the world. Polysaccharides, steroids, and triterpenes as major groups followed by alkaloids, fatty acids, glycoproteins, inorganic elements, lignin, nucleosides, nucleotides, peptides, phenols, proteins, sterols, and vitamins are found in mushrooms 

Functional Mushroom Market
By Application

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Food and Beverage Segment witnssed a major growth rate of 9.8%

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On the basis of distribution channel, the online stores segment held the significant Functional Mushroom market share in 2020. Specialty stores are on the top list to be considered for growth of functional mushrooms. Specialty stores are famous for their characteristics. Any product is easily available in their specialty stores. So, it can be predicted that specialty stores will have a great impact on the functional mushroom market. Manufacturers are constantly taking efforts to increase the visibility of their products on the shelf and are therefore mainly targeting specialty stores. 

Functional Mushroom Market
By Distribution Channel

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Specialty Stores Segment held the major share of 34.5% in 2020

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On the basis of region, Asia-Pacific dominated the functional mushroom market in 2020, and accounted for maximum market share. This can be attributed to the tremendous popularity and substantial consumption of functional mushroom products in the region for centuries. Furthermore, China has been the largest producer and consumer of functional mushroom products. However, North America is expected to witness a significant CAGR. Consumers in this region have been more inclined toward health-conscious products which includes functional food & beverages owing to the lifestyle changes. Therefore, there is an increase in the demand for plant-based food supplements. 

Functional Mushroom Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

North America held the major share of 46.1% in 2020

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Players in the functional mushroom market have adopted business expansion and product launch as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in the report include Hokkaido Reishi Co., Ltd. (Japan), 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, and Swadeshi Mushroom Spawn.  

Key benefits for stakeholders    

  • The report provides quantitative analysis of the current functional mushroom market trends, estimations, and dynamics of the market size from 2020 to 2030 to identify the prevailing Functional Mushroom market opportunities. 
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.  
  • In-depth analysis and the market size & segmentation assist to determine the market potential.
  • The major countries in each region are mapped according to their revenue contribution to the market.    
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the functional mushroom industry. 

Key market segments 

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
    • Mexico
  • Europe
    • Germany 
    • France
    • UK
    • Italy
    • Spain 
    • Netherland 
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • Thailand
    • Singapore
    • Rest of Asia-Pacific 
  • LAMEA 
    • Brazil
    • Argentina
    • UAE
    • Nigeria 
    • Saudi Arabia 
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Key benefits for stakeholders
1.2.Key market segments
1.3.Research methodology

1.3.1.Secondary research
1.3.2.Primary research
1.3.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Value chain analysis
3.4.Porter’s five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Rise in functional food & beverage product applications
3.5.1.2.Increase in usage of plant-based ingredients in personal care & cosmetics
3.5.1.3.Health consciousness is rising among consumers

3.5.2.Restraints

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

3.5.3.Opportunities

3.5.3.1.Surge in demand for organic reishi mushroom products
3.5.3.2.Increased use of mushrooms as a supplement of meat products

3.6.Market share analysis

3.6.1.By product type
3.6.2.By Application
3.6.3.By Distribution Channel
3.6.4.By region

3.7.Impact of COVID-19 on the functional mushroom market

CHAPTER 4:FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Reishi

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Cordyceps

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Lion’s Mane

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Others

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

CHAPTER 5:FUNCTIONAL MUSHROOM MARKET, APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Food and Beverage

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.4.Pharmaceutical, nutraceutical & dietary supplements

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Personal Care & cosmetics

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

CHAPTER 6:FUNCTIONAL MUSHROOM MARKET, DISTRIBUTION CHANNEL

6.1.Overview

6.1.1.Market size and forecast

6.2.Supermarket & hypermarket

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Online stores

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Specialty stores

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Convenience Stores

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

CHAPTER 7:FUNCTIONAL MUSHROOM MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by product type
7.2.3.Market size and forecast, by Application
7.2.4.Market size and forecast, by distribution channel
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by product type
7.2.5.1.2.Market size and forecast, by Application
7.2.5.1.3.Market size and forecast, by distribution channel

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by product type
7.2.5.2.2.Market size and forecast, by Application
7.2.5.2.3.Market size and forecast, by distribution channel

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by product type
7.2.5.3.2.Market size and forecast, by Application
7.2.5.3.3.Market size and forecast, by distribution channel

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by product type
7.3.3.Market size and forecast, by Application
7.3.4.Market size and forecast, by distribution channel
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by product type
7.3.5.1.2.Market size and forecast, by Application
7.3.5.1.3.Market size and forecast, by distribution channel

7.3.5.2.France

7.3.5.2.1.Market size and forecast, by product type
7.3.5.2.2.Market size and forecast, by Application
7.3.5.2.3.Market size and forecast, by distribution channel

7.3.5.3.UK

7.3.5.3.1.Market size and forecast, by Product Type
7.3.5.3.2.Market size and forecast, by Application
7.3.5.3.3.Market size and forecast, by distribution channel

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by product type
7.3.5.4.2.Market size and forecast, by Application
7.3.5.4.3.Market size and forecast, by distribution channel

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by product type
7.3.5.5.2.Market size and forecast, by Application
7.3.5.5.3.Market size and forecast, by distribution channel

7.3.5.6.Netherland

7.3.5.6.1.Market size and forecast, by product type
7.3.5.6.2.Market size and forecast, by Application
7.3.5.6.3.Market size and forecast, by distribution channel

7.3.5.7.Rest of Europe

7.3.5.7.1.Market size and forecast, by product type
7.3.5.7.2.Market size and forecast, by Application
7.3.5.7.3.Market size and forecast, by distribution channel

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by product type
7.4.3.Market size and forecast, by Application
7.4.4.Market size and forecast, by distribution channel
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by product type
7.4.5.1.2.Market size and forecast, by Application
7.4.5.1.3.Market size and forecast, by distribution channel

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by product type
7.4.5.2.2.Market size and forecast, by Application
7.4.5.2.3.Market size and forecast, by distribution channel

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by product type
7.4.5.3.2.Market size and forecast, by Application
7.4.5.3.3.Market size and forecast, by distribution channel

7.4.5.4.Australia

7.4.5.4.1.Market size and forecast, by product type
7.4.5.4.2.Market size and forecast, by Application
7.4.5.4.3.Market size and forecast, by distribution channel

7.4.5.5.South Korea

7.4.5.5.1.Market size and forecast, by product type
7.4.5.5.2.Market size and forecast, by Application
7.4.5.5.3.Market size and forecast, by distribution channel

7.4.5.6.Thailand

7.4.5.6.1.Market size and forecast, by product type
7.4.5.6.2.Market size and forecast, by Application
7.4.5.6.3.Market size and forecast, by distribution channel

7.4.5.7.Singapore

7.4.5.7.1.Market size and forecast, by product type
7.4.5.7.2.Market size and forecast, by Application
7.4.5.7.3.Market size and forecast, by distribution channel

7.4.5.8.Rest of Asia-Pacific

7.4.5.8.1.Market size and forecast, by product type
7.4.5.8.2.Market size and forecast, by Application
7.4.5.8.3.Market size and forecast, by distribution channel

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by product type
7.5.3.Market size and forecast, by Application
7.5.4.Market size and forecast, by distribution channel
7.5.5.Market size and forecast, by country

7.5.5.1.Brazil

7.5.5.1.1.Market size and forecast, by product type
7.5.5.1.2.Market size and forecast, by Application
7.5.5.1.3.Market size and forecast, by distribution channel

7.5.5.2.Argentina

7.5.5.2.1.Market size and forecast, by product type
7.5.5.2.2.Market size and forecast, by Application
7.5.5.2.3.Market size and forecast, by distribution channel

7.5.5.3.UAE

7.5.5.3.1.Market size and forecast, by product type
7.5.5.3.2.Market size and forecast, by Application
7.5.5.3.3.Market size and forecast, by distribution channel

7.5.5.4.Nigeria

7.5.5.4.1.Market size and forecast, by product type
7.5.5.4.2.Market size and forecast, by Application
7.5.5.4.3.Market size and forecast, by distribution channel

7.5.5.5.South Africa

7.5.5.5.1.Market size and forecast, by product type
7.5.5.5.2.Market size and forecast, by Application
7.5.5.5.3.Market size and forecast, by distribution channel

7.5.5.6.Saudi Arabia

7.5.5.6.1.Market size and forecast, by product type
7.5.5.6.2.Market size and forecast, by Application
7.5.5.6.3.Market size and forecast, by distribution channel

7.5.5.7.Rest of LAMEA

7.5.5.7.1.Market size and forecast, by product type
7.5.5.7.2.Market size and forecast, by Application
7.5.5.7.3.Market size and forecast, by distribution channel

CHAPTER 8:COMPETITION LANDSCAPE

8.1.Top winning strategies
8.2.Product mapping
8.3.Competitive dashboard
8.4.Competitive heat map
8.5.Key developments

8.5.1.Acquisition
8.5.2.Business Expansion
8.5.3.Product Launch

CHAPTER 9:COMPANY PROFILES

9.1.HOKKAIDO REISHI CO., LTD

9.1.1.Company overview
9.1.2.Key Executives
9.1.3.Company snapshot
9.1.4.Product portfolio

9.2.HALF HILL FARM INC

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Product portfolio

9.3.REAL MUSHROOMS

9.3.1.Company overview
9.3.2.Key Executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.3.5.Key strategic moves and developments

9.4.PAN’S MUSHROOM JERKY

9.4.1.Company overview
9.4.2.Key Executives
9.4.3.Company snapshot
9.4.4.Product portfolio

9.5.OM ORGANIC MUSHROOM NUTRITION.

9.5.1.Company overview
9.5.2.Key Executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.R&D Expenditure
9.5.7.Business performance

9.6.YUGUO FARMS

9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Product portfolio

9.7.FOUR SIGMATIC

9.7.1.Company overview
9.7.2.Key Executives
9.7.3.Company snapshot
9.7.4.Product portfolio

9.8.SOUTH MILL CHAMPS

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D Expenditure
9.8.7.Business performance

9.9.BANKEN CHAMPIGNONS GROEP BV

9.9.1.Company overview
9.9.2.Key Executives
9.9.3.Company snapshot
9.9.4.Product portfolio

9.10.SWADESHI MUSHROOM SPAWN

9.10.1.Company overview
9.10.2.Key Executives
9.10.3.Company snapshot
9.10.4.Product portfolio

LIST OF TABLES

TABLE 01.FUNCTIONAL MUSHROOM MARKET REVENUE, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 02.REISHI FUNCTIONAL MUSHROOM MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 03.CORDYCEPS FUNCTIONAL MUSHROOM MARKET REVENUE, BY REGION 2020–2030 ($MILLION)
TABLE 04.LION’S MANE FUNCTIONAL MUSHROOM MARKET REVENUE, BY REGION 2020–2030 ($MILLION)
TABLE 05.OTHERS FUNCTIONAL MUSHROOM MARKET REVENUE, BY REGION 2020–2030 ($MILLION)
TABLE 06.FUNCTIONAL MUSHROOM MARKET REVENUE, BY APPLICATION, 2020–2030($MILLION)
TABLE 07.FUNCTIONAL MUSHROOM MARKET REVENUE FOR FOOD AND BEVERAGE, BY REGION, 2020–2030 ($MILLION)
TABLE 08.FUNCTIONAL MUSHROOM MARKET REVENUE FOR PHARMACEUTICAL, NUTRACEUTICAL & DIETARY SUPPLEMENTS, BY REGION, 2020–2030 ($MILLION)
TABLE 09.FUNCTIONAL MUSHROOM MARKET REVENUE FOR PERSONAL CARE & COSMETICS, BY REGION, 2020–2030 ($MILLION)
TABLE 10.FUNCTIONAL MUSHROOM MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2020–2030($MILLION)
TABLE 11.FUNCTIONAL MUSHROOM MARKET REVENUE FOR SUPERMARKET & HYPERMARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 12.FUNCTIONAL MUSHROOM MARKET REVENUE FOR ONLINE STORES, BY REGION, 2020–2030 ($MILLION)
TABLE 13.FUNCTIONAL MUSHROOM MARKET REVENUE FOR SPECIALTY STORES, BY REGION, 2020–2030 ($MILLION)
TABLE 14.FUNCTIONAL MUSHROOM MARKET REVENUE FOR CONVENIENCE STORES, BY REGION, 2020–2030 ($MILLION)
TABLE 15.FUNCTIONAL MUSHROOM MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 19.NORTH AMERICA FUNCTIONAL MUSHROOM MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 20.U.S. FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 21.U.S. FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 22.U.S. FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 23.CANADA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 24.CANADA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 25.CANADA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 26.MEXICO FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 27.MEXICO FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 28.MEXICO FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 29.EUROPE FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 30.EUROPE FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 31.EUROPE FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 32.EUROPE FUNCTIONAL MUSHROOM MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 33.GERMANY FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 34.GERMANY FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 35.GERMANY FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 36.FRANCE FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 37.FRANCE FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 38.FRANCE FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 39.UK FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 40.UK FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 41.UK FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 42.ITALY FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 43.ITALY FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 44.ITALY FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 45.SPAIN FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 46.SPAIN FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 47.SPAIN FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 48.NETHERLAND FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 49.NETHERLAND FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 50.NETHERLAND FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 51.REST OF EUROPE FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 52.REST OF EUROPE FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 53.REST OF EUROPE FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 54.ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 55.ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 56.ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 57.ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 58.CHINA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 59.CHINA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 60.CHINA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 61.JAPAN FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 62.JAPAN FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 63.JAPAN FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 64.INDIA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 65.INDIA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 66.INDIA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 67.AUSTRALIA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 68.AUSTRALIA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 69.AUSTRALIA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 70.SOUTH KOREA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 71.SOUTH KOREA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 72.SOUTH KOREA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 73.THAILAND FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 74.THAILAND FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 75.THAILAND FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 76.SINGAPORE FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 77.SINGAPORE FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 78.SINGAPORE FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 79.REST OF ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 80.REST OF ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 81.REST OF ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 82.LAMEA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 83.LAMEA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 84.LAMEA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 85.LAMEA FUNCTIONAL MUSHROOM MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 86.BRAZIL FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 87.BRAZIL FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 88.BRAZIL FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 89.ARGENTINA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 90.ARGENTINA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 91.ARGENTINA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 92.UAE FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 93.UAE FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 94.UAE FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 95.NIGERIA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 96.NIGERIA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 97.NIGERIA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 98.SOUTH AFRICA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 99.SOUTH AFRICA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 100.SOUTH AFRICA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 101.SAUDI ARABIA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 102.SAUDI ARABIA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 103.SAUDI ARABIA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 104.REST OF LAMEA FUNCTIONAL MUSHROOM MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 105.REST OF LAMEA FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 106.REST OF LAMEA FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020–2030 ($MILLION)
TABLE 107.HOKKAIDO REISHI CO., LTD: KEY EXECUTIVES
TABLE 108.HOKKAIDO REISHI CO., LTD: COMPANY SNAPSHOT
TABLE 109.HOKKAIDO REISHI CO., LTD: PRODUCT PORTFOLIO
TABLE 110.HALF HILL FARM INC: KEY EXECUTIVES
TABLE 111.HALF HILL FARM INC: COMPANY SNAPSHOT
TABLE 112.HALF HILL FARM INC: PRODUCT PORTFOLIO
TABLE 113.REAL MUSHROOMS: KEY EXECUTIVES
TABLE 114.REAL MUSHROOMS: COMPANY SNAPSHOT
TABLE 115.REAL MUSHROOMS: PRODUCT PORTFOLIO
TABLE 116.PAN’S MUSHROOM JERKY.: KEY EXECUTIVES
TABLE 117.PAN’S MUSHROOM JERKY.: COMPANY SNAPSHOT
TABLE 118.PAN’S MUSHROOM JERKY.: PRODUCT PORTFOLIO
TABLE 119.OM ORGANIC MUSHROOM NUTRITION.: KEY EXECUTIVES
TABLE 120.OM ORGANIC MUSHROOM NUTRITION.: COMPANY SNAPSHOT
TABLE 121.OM ORGANIC MUSHROOM NUTRITION.: OPERATING SEGMENTS
TABLE 122.OM ORGANIC MUSHROOM NUTRITION.: PRODUCT PORTFOLIO
TABLE 123.OM ORGANIC MUSHROOM NUTRITION.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 124.OM ORGANIC MUSHROOM NUTRITION.: NET SALES, 2018–2020 ($MILLION)
TABLE 125.YUGUO FARMS: KEY EXECUTIVES
TABLE 126.YUGUO FARMS: COMPANY SNAPSHOT
TABLE 127.YUGUO FARMS: PRODUCT PORTFOLIO
TABLE 128.FOUR SIGMATIC: KEY EXECUTIVES
TABLE 129.FOUR SIGMATIC: COMPANY SNAPSHOT
TABLE 130.FOUR SIGMATIC: PRODUCT PORTFOLIO
TABLE 131.SOUTH MILL CHAMPS.: KEY EXECUTIVES
TABLE 132.SOUTH MILL CHAMPS.: COMPANY SNAPSHOT
TABLE 133.SOUTH MILL CHAMPS.: OPERATING SEGMENTS
TABLE 134.SOUTH MILL CHAMPS.: PRODUCT PORTFOLIO
TABLE 135.SOUTH MILL CHAMPS.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 136.SOUTH MILL CHAMPS.: NET SALES, 2018–2020 ($MILLION)
TABLE 137.BANKEN CHAMPIGNONS GROEP BV: KEY EXECUTIVES
TABLE 138.BANKEN CHAMPIGNONS GROEP BV: COMPANY SNAPSHOT
TABLE 139.BANKEN CHAMPIGNONS GROEP BV: PRODUCT PORTFOLIO
TABLE 140.SWADESHI MUSHROOM SPAWN: KEY EXECUTIVES
TABLE 141.SWADESHI MUSHROOM SPAWN: COMPANY SNAPSHOT
TABLE 142.SWADESHI MUSHROOM SPAWN: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.FUNCTIONAL MUSHROOM MARKET SNAPSHOT
FIGURE 02.FUNCTIONAL MUSHROOM MARKET: SEGMENTED
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP PLAYERS POSITIONING
FIGURE 05.VALUE CHAIN ANALYSIS
FIGURE 06.LOW BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.LOW THREAT OF SUBSTITUTION
FIGURE 09.MODERATE THREAT OF NEW ENTRANTS
FIGURE 10.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 11.FUNCTIONAL MUSHROOM MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 12.FUNCTIONAL MUSHROOM MARKET REVENUE, BY PRODUCT TYPE, 2020 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF REISHI FUNCTIONAL MUSHROOM MARKET REVENUE, BY COUNTRY, 2020 & 2030(%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS FOR CORDYCEPS FUNCTIONAL MUSHROOM MARKET REVENUE, BY COUNTRY, 2020 & 2030(%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS FOR LION’S MANE FUNCTIONAL MUSHROOM MARKET REVENUE, BY COUNTRY, 2020 & 2030(%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS FOR OTHERS FUNCTIONAL MUSHROOM MARKET REVENUE, BY COUNTRY, 2020 & 2030(%)
FIGURE 17.FUNCTIONAL MUSHROOM MARKET, BY APPLICATION, 2020 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL MUSHROOM MARKET FOR FOOD AND BEVERAGE, BY COUNTRY, 2020 & 2030(%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL MUSHROOM MARKET FOR PHARMACEUTICAL, NUTRACEUTICAL & DIETARY SUPPLEMENTS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL MUSHROOM MARKET FOR PERSONAL CARE & COSMETICS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.FUNCTIONAL MUSHROOM MARKET, BY DISTRIBUTION CHANNEL, 2020 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL MUSHROOM MARKET FOR SUPERMARKET & HYPERMARKET, BY COUNTRY, 2020 & 2030(%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL MUSHROOM MARKET FOR ONLINE STORES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL MUSHROOM MARKET FOR SPECIALTY STORES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF FUNCTIONAL MUSHROOM MARKET FOR CONVENIENCE STORES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.FUNCTIONAL MUSHROOM MARKET, BY REGION, 2020 (%)
FIGURE 27.U.S. FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 28.CANADA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 29.MEXICO FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 30.GERMANY FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 31.FRANCE FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 32.UK FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 33.ITALY FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 34.SPAIN FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 35.NETHERLAND FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 36.REST OF EUROPE FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 37.CHINA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 38.JAPAN FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 39.INDIA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 40.AUSTRALIA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 41.SOUTH KOREA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 42.THAILAND FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 43.SINGAPORE FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 44.REST OF ASIA-PACIFIC FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 45.BRAZIL FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 46.ARGENTINA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 47.UAE FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 48.NIGERIA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 49.SOUTH AFRICA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 50.SAUDI ARABIA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 51.REST OF LAMEA FUNCTIONAL MUSHROOM MARKET, 2020–2030 ($MILLION)
FIGURE 52.TOP WINNING STRATEGIES, BY YEAR, 2017–2018*
FIGURE 53.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2018* (%)
FIGURE 54.PRODUCT MAPPING OF TOP 10 KEY PLAYERS
FIGURE 55.COMPETITIVE DASHBOARD OF TOP 10 KEY PLAYERS
FIGURE 56.COMPETITIVE HEATMAP OF TOP 10 KEY PLAYERS
FIGURE 57.OM ORGANIC MUSHROOM NUTRITION.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 58.OM ORGANIC MUSHROOM NUTRITION.: NET SALES, 2018–2020 ($MILLION)
FIGURE 59.OM ORGANIC MUSHROOM NUTRITION.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 60.SOUTH MILL CHAMPS.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 61.SOUTH MILL CHAMPS.: NET SALES, 2018–2020 ($MILLION)
FIGURE 62.SOUTH MILL CHAMPS.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 63.SOUTH MILL CHAMPS.: REVENUE SHARE, BY REGION, 2020 (%)

 
 

In the food industry, mushrooms are the primary target for their multi-functional advantages. They have gained high popularity, owing to their high national value and are expected to be considered under "super foods" in the future. Functional mushrooms are a rich source of protein and have very little or no cholesterol and fat, thus are generally accepted in most regions of the world. One of the key drivers of the functional mushroom market is rise in consumption of processed food worldwide.

Mushroom cultivation, being promising and profitable, is widely adopted by cultivators across the globe. Factors such as R&D and advances to boost acceptability and improve mushroom shelf-life are also expected to drive the functional mushroom market growth in the coming years.

Amidst numerous traditional medicines, Ganoderma (reishi mushroom) has been used in Asian countries for over two millennia as a traditional medicine for maintaining vivacity and longevity. Over the past two decades, the reishi mushroom industry has developed greatly and currently offers a large number of products to the markets.  

According to top-level CXOs, increase in prevalence of health issues due to stress and fatigue as a result of the hectic urban lifestyle has increased the demand for calming and stress releasing therapeutic drugs. This is considered as one of the dominant forces driving the demand for functional mushroom market.

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A. The global functional mushroom market was valued at $7,981.2 million in 2020, and is projected to reach $19,331.5 million by 2030, registering a CAGR of 9.3%.

A. The CAGR of the Functional Mushroom Market is 9.3%.

A. Kindly get in touch with the sales person for better options.

A. The Forecast period in the market report is from 2021-2030.

A. The top players profiled in the report include Hokkaido Reishi Co., Ltd. (Japan), 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, and Swadeshi Mushroom Spawn.

A. The segments of Functional Mushroom Market are product type, application, and distribution channel.

A. Rise in popularity is thanks to the intensive research conducted over the years and the increased demand for natural solutions to health.

A. Asia-Pacific dominated the functional mushroom market in 2020, and accounted for maximum market share.

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