Market Overview:
The global medicinal mushroom powders market is expected to register a CAGR of 7.8% during the forecast period, 2018-2030. The growth in the market can be attributed to factors such as rising demand for functional foods and beverages, increasing awareness about the health benefits of medicinal mushrooms, and growing inclination of consumers towards preventive healthcare. Based on type, the global medicinal mushroom powders market is segmented into chaga, reishi, shiitake, cordyceps, lion’s mane and others. Chaga is projected to be the fastest growing type segment during the forecast period. This can be attributed to its high antioxidant content which helps in reducing inflammation and oxidative stress. Based on application, the global medicinal mushroom powders market is segmented into antioxidants , immune enhancer and others . Antioxidants are projected to account for a major share of this market due to their ability protect cells from damage caused by free radicals . Geographically , North America accounted for a major share of this market in 2017 owing to rising consumer awareness about health benefits associated with consumption of functional foods & beverages .
Product Definition:
Medicinal mushroom powders are made from the dried fruiting bodies of mushrooms that have been used for their medicinal properties for centuries. They are available in health food stores and online. Medicinal mushroom powders can be added to smoothies, soups, or stews, or taken as a supplement. Some of the most popular medicinal mushrooms include reishi, cordyceps, chaga, lions mane, and turkey tail.
Chaga:
Chaga is a medicinal mushroom found in the birch trees that belong to the genus Betula. The chaga mushroom has been used traditionally by native people of Russia and Eastern Europe for its healing properties.
Reishi:
Reishi is a medicinal mushroom and has been used in traditional medicines in China for thousands of years. It was declared an herbal medicine product of quality by the Ministry of Health, Labor & Welfare (Japan) in June 2003. Reishi mushrooms are widely used as an adaptogen to strengthen the body's natural resistance against stress and fatigue due to their ability to boost immunity, enhance overall health, reduce inflammation along with being useful for cancer prevention.
Application Insights:
The antioxidants segment held the largest market share in 2017 and is anticipated to continue its dominance over the forecast period. This can be attributed to growing awareness regarding health benefits associated with medicinal mushrooms, such as reishi and cordyceps. Antioxidants neutralize free radicals present in the body that may cause damage to cells, which leads to aging effects. Therefore, increasing consumption of antioxidant-rich products is expected to drive product demand over the forecast period.
Increasing geriatric population across the globe has led authorities concerned about providing nutritional supplements for them. This trend has been followed by manufacturers who have introduced a wide range of medicinal mushroom powder supplements for seniors living independently at home or institutionsized care facilities.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing awareness regarding medicinal mushrooms and their health benefits, growing demand for nutritional supplements, and high spending power of consumers are some factors that can be attributed to the regional growth. Furthermore, presence of a large number of companies engaged in providing products based on medicinal mushrooms is also expected to drive this industry over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing consumption patterns among youth population in China and Japan along with rising disposable income levels in these countries.
Growth Factors:
- Increasing demand for natural and organic products: The global medicinal mushroom powders market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for natural and organic products across the globe.
- Rising awareness about the health benefits of mushrooms: There is a growing awareness among people about the health benefits of consuming medicinal mushrooms, which is driving the growth of this market.
- Growing popularity of functional foods: The popularity of functional foods is another major factor that is contributing to the growth of this market. Functional foods are those that offer additional health benefits beyond basic nutrition, and medicinal mushrooms are gaining traction as an important ingredient in these foods.
- Proliferation of online retail channels: The proliferation of online retail channels has made it easier for consumers to access a wide variety of medicinal mushroom powders products from different brands easily and at competitive prices.. This is aiding in fuellingthe growthof thismarket segment.. 5) Technological advancements:The advancementin technologyishelpingthedevelopmentofnewandimprovedproductsinthemedicinalmushroompowdersmarket,thussupportingthegrowthofthesub-segment
Scope Of The Report
Report Attributes
Report Details
Report Title
Medicinal Mushroom Powders Market Research Report
By Type
Chaga, Reishi, Shiitake, Cordyceps, Lion’s Mane, Others
By Application
Antioxidants, Immune Enhancer, Others
By Companies
New Roots Herbal Inc, Nutra Green Biotechnology Co.,Ltd, Nyishar, Oriveda, Real Mushrooms, Banken Champignons B.V, Hokkaido Reishi Co., Ltd, Mushroom Table, Mikei, Chaga Mountain, New Roots Herbal Inc, Far West Fungi, Swadeshi Mushroom Spawn, DXN Products, MahaGro India, Asia Pacific Farm Enterprises, SSD Mushrooms, Organic Mushroom Nutrition, The Mushroom Company, Costa Pty Ltd, Greenyard, Okechamp S.A., Shanghai Finc Bio-Tech Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Medicinal Mushroom Powders Market Report Segments:
The global Medicinal Mushroom Powders market is segmented on the basis of:
Types
Chaga, Reishi, Shiitake, Cordyceps, Lion’s Mane, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Antioxidants, Immune Enhancer, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- New Roots Herbal Inc
- Nutra Green Biotechnology Co.,Ltd
- Nyishar
- Oriveda
- Real Mushrooms
- Banken Champignons B.V
- Hokkaido Reishi Co., Ltd
- Mushroom Table
- Mikei
- Chaga Mountain
- New Roots Herbal Inc
- Far West Fungi
- Swadeshi Mushroom Spawn
- DXN Products
- MahaGro India
- Asia Pacific Farm Enterprises
- SSD Mushrooms
- Organic Mushroom Nutrition
- The Mushroom Company
- Costa Pty Ltd
- Greenyard
- Okechamp S.A.
- Shanghai Finc Bio-Tech Inc
Highlights of The Medicinal Mushroom Powders Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chaga
- Reishi
- Shiitake
- Cordyceps
- Lion’s Mane
- Others
- By Application:
- Antioxidants
- Immune Enhancer
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medicinal Mushroom Powders Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Medicinal mushroom powders are a type of supplement that is made from mushrooms. These powders are used to help improve the health of the body. They can be used to treat a variety of conditions, including cancer and other diseases.
Some of the key players operating in the medicinal mushroom powders market are New Roots Herbal Inc, Nutra Green Biotechnology Co.,Ltd, Nyishar, Oriveda, Real Mushrooms, Banken Champignons B.V, Hokkaido Reishi Co., Ltd, Mushroom Table, Mikei, Chaga Mountain, New Roots Herbal Inc, Far West Fungi, Swadeshi Mushroom Spawn, DXN Products, MahaGro India, Asia Pacific Farm Enterprises, SSD Mushrooms, Organic Mushroom Nutrition, The Mushroom Company, Costa Pty Ltd, Greenyard, Okechamp S.A., Shanghai Finc Bio-Tech Inc.
The medicinal mushroom powders market is expected to grow at a compound annual growth rate of 7.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medicinal Mushroom Powders Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Medicinal Mushroom Powders Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Medicinal Mushroom Powders Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Medicinal Mushroom Powders Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Medicinal Mushroom Powders Market Size & Forecast, 2018-2028 4.5.1 Medicinal Mushroom Powders Market Size and Y-o-Y Growth 4.5.2 Medicinal Mushroom Powders Market Absolute $ Opportunity
Chapter 5 Global Medicinal Mushroom Powders Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medicinal Mushroom Powders Market Size Forecast by Type
5.2.1 Chaga
5.2.2 Reishi
5.2.3 Shiitake
5.2.4 Cordyceps
5.2.5 Lion’s Mane
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medicinal Mushroom Powders Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medicinal Mushroom Powders Market Size Forecast by Applications
6.2.1 Antioxidants
6.2.2 Immune Enhancer
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medicinal Mushroom Powders Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medicinal Mushroom Powders Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medicinal Mushroom Powders Analysis and Forecast
9.1 Introduction
9.2 North America Medicinal Mushroom Powders Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medicinal Mushroom Powders Market Size Forecast by Type
9.6.1 Chaga
9.6.2 Reishi
9.6.3 Shiitake
9.6.4 Cordyceps
9.6.5 Lion’s Mane
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medicinal Mushroom Powders Market Size Forecast by Applications
9.10.1 Antioxidants
9.10.2 Immune Enhancer
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medicinal Mushroom Powders Analysis and Forecast
10.1 Introduction
10.2 Europe Medicinal Mushroom Powders Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medicinal Mushroom Powders Market Size Forecast by Type
10.6.1 Chaga
10.6.2 Reishi
10.6.3 Shiitake
10.6.4 Cordyceps
10.6.5 Lion’s Mane
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medicinal Mushroom Powders Market Size Forecast by Applications
10.10.1 Antioxidants
10.10.2 Immune Enhancer
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medicinal Mushroom Powders Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medicinal Mushroom Powders Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medicinal Mushroom Powders Market Size Forecast by Type
11.6.1 Chaga
11.6.2 Reishi
11.6.3 Shiitake
11.6.4 Cordyceps
11.6.5 Lion’s Mane
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medicinal Mushroom Powders Market Size Forecast by Applications
11.10.1 Antioxidants
11.10.2 Immune Enhancer
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medicinal Mushroom Powders Analysis and Forecast
12.1 Introduction
12.2 Latin America Medicinal Mushroom Powders Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medicinal Mushroom Powders Market Size Forecast by Type
12.6.1 Chaga
12.6.2 Reishi
12.6.3 Shiitake
12.6.4 Cordyceps
12.6.5 Lion’s Mane
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medicinal Mushroom Powders Market Size Forecast by Applications
12.10.1 Antioxidants
12.10.2 Immune Enhancer
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medicinal Mushroom Powders Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medicinal Mushroom Powders Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medicinal Mushroom Powders Market Size Forecast by Type
13.6.1 Chaga
13.6.2 Reishi
13.6.3 Shiitake
13.6.4 Cordyceps
13.6.5 Lion’s Mane
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medicinal Mushroom Powders Market Size Forecast by Applications
13.10.1 Antioxidants
13.10.2 Immune Enhancer
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medicinal Mushroom Powders Market: Competitive Dashboard
14.2 Global Medicinal Mushroom Powders Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 New Roots Herbal Inc
14.3.2 Nutra Green Biotechnology Co.,Ltd
14.3.3 Nyishar
14.3.4 Oriveda
14.3.5 Real Mushrooms
14.3.6 Banken Champignons B.V
14.3.7 Hokkaido Reishi Co., Ltd
14.3.8 Mushroom Table
14.3.9 Mikei
14.3.10 Chaga Mountain
14.3.11 New Roots Herbal Inc
14.3.12 Far West Fungi
14.3.13 Swadeshi Mushroom Spawn
14.3.14 DXN Products
14.3.15 MahaGro India
14.3.16 Asia Pacific Farm Enterprises
14.3.17 SSD Mushrooms
14.3.18 Organic Mushroom Nutrition
14.3.19 The Mushroom Company
14.3.20 Costa Pty Ltd
14.3.21 Greenyard
14.3.22 Okechamp S.A.
14.3.23 Shanghai Finc Bio-Tech Inc