Medicinal Mushroom Extract Market Research Report - Global Forecast till 2027

Global Medicinal Mushroom Extract Market: Information by Type (Shiitake, Reishi, Chaga, Maitake, Cordyceps, Turkey Tail and Others), Form (Capsules & Tablets, Powder and Liquid), Function (Antioxidants, Immunity Enhancer, Skin Care and Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

ID: MRFR/F-B & N/3315-CR | February 2021 | Region: Global | 110 Pages         

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS 14

1.1.1 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE 14

1.1.2 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM 15

1.1.3 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION 16

1.1.4 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY REGION 17

2 MARKET INTRODUCTION

2.1 DEFINITION 18

2.2 SCOPE OF THE STUDY 18

2.3 RESEARCH OBJECTIVE 18

2.4 MARKET STRUCTURE 18

2.5 KEY BUYING CRITERIA 19

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 20

3.2 PRIMARY RESEARCH 21

3.3 SECONDARY RESEARCH 22

3.4 MARKET SIZE ESTIMATION 23

3.5 FORECAST MODEL 24

3.6 LIST OF ASSUMPTIONS 25

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION 28

5.2 DRIVERS 29

5.2.1 HEALTH BENEFITS ASSOCIATED WITH MEDICINAL MUSHROOMS 29

5.2.2 INCREASING FOCUS ON PREVENTIVE HEALTHCARE 29

5.2.3 DRIVERS IMPACT ANALYSIS 29

5.3 RESTRAINT 30

5.3.1 ENVIRONMENTAL CONSTRAINTS ASSOCIATED WITH MEDICINAL MUSHROOMS 30

5.3.2 RESTRAINT IMPACT ANALYSIS 30

5.4 OPPORTUNITIES 31

5.4.1 POTENTIAL IN UNTAPPED MARKETS 31

5.5 CHALLENGES 31

5.5.1 HUGE CAPITAL INVESTMENTS AND CERTIFICATIONS 31

6 MARKET FACTOR ANALYSIS

6.1 VALUE CHAIN ANALYSIS 32

6.1.1 RAW MATERIAL PROCUREMENT 33

6.1.2 PROCESSING 33

6.1.3 PACKAGING 33

6.2 SUPPLY CHAIN ANALYSIS 34

6.3 PORTER’S FIVE FORCES MODEL 35

6.3.1 THREAT OF NEW ENTRANTS 35

6.3.2 BARGAINING POWER OF SUPPLIERS 36

6.3.3 BARGAINING POWER OF BUYERS 36

6.3.4 THREAT OF SUBSTITUTES 36

6.3.5 INTENSITY OF RIVALRY 36

6.4 IMPACT OF COVID-19 PANDEMIC ON THE GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET 37

7 PLANT-BASED FOOD MARKET, BY TYPE

7.1 OVERVIEW 38

7.1.1 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ESTIMATES & FORECAST, BY TYPE, 2020-2027 39

7.2 SHIITAKE 40

7.2.1 SHIITAKE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 40

7.3 REISHI 41

7.3.1 REISHI: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 41

7.4 CHAGA 42

7.4.1 CHAGA: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 42

7.5 MAITAKE 43

7.5.1 MAITAKE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 43

7.6 CORDYCEPS 44

7.6.1 CORDYCEPS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 44

7.7 TURKEY TAIL 45

7.7.1 TURKEY TAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 45

7.8 OTHERS 46

7.8.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 46

8 MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

8.1 OVERVIEW 47

8.1.1 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ESTIMATES & FORECAST, BY FORM, 2020-2027 48

8.2 CAPSULES & TABLETS 48

8.2.1 CAPSULES & TABLETS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 48

8.3 POWDER 49

8.3.1 POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 49

8.4 LIQUID 50

8.4.1 LIQUID: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 50

9 MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

9.1 OVERVIEW 51

9.1.1 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2027 52

9.2 ANTIOXIDANTS 52

9.2.1 ANTIOXIDANTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 52

9.3 IMMUNITY ENHANCERS 53

9.3.1 IMMUNITY ENHANCERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 53

9.4 SKIN CARE 54

9.4.1 SKIN CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 54

9.5 OTHERS 55

9.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 55

10 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY REGION

10.1 OVERVIEW 56

10.2 NORTH AMERICA 58

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.2.1 US 60

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.2.2 CANADA 62

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.2.3 MEXICO 63

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.3 EUROPE 65

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.3.1 GERMANY 67

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.3.2 UK 69

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.3.3 FRANCE 70

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.3.4 SPAIN 72

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.3.5 ITALY 73

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.3.6 REST OF EUROPE 75

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.4 ASIA-PACIFIC 77

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.4.1 CHINA 79

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.4.2 JAPAN 81

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.4.3 INDIA 82

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.4.4 AUSTRALIA & NEW ZEALAND 84

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.4.5 REST OF ASIA-PACIFIC 85

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.5 REST OF THE WORLD 87

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.5.1 SOUTH AMERICA 89

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.5.2 MIDDLE EAST 91

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

10.5.3 AFRICA 92

PLANT-BASED FOOD MARKET, BY TYPE

MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM

MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION

11 COMPANY PROFILES

11.1 ALOHA MEDICINALS 94

11.1.1 COMPANY OVERVIEW 94

11.1.2 FINANCIAL OVERVIEW 94

11.1.3 PRODUCTS OFFERED 94

11.1.4 KEY DEVELOPMENTS 94

11.1.5 SWOT ANALYSIS 95

11.1.6 KEY STRATEGIES 95

11.2 NEW ROOTS HERBAL INC 96

11.2.1 COMPANY OVERVIEW 96

11.2.2 FINANCIAL OVERVIEW 96

11.2.3 PRODUCTS OFFERED 96

11.2.4 KEY DEVELOPMENTS 96

11.2.5 SWOT ANALYSIS 97

11.2.6 KEY STRATEGIES 97

11.3 REAL MUSHROOMS 98

11.3.1 COMPANY OVERVIEW 98

11.3.2 FINANCIAL OVERVIEW 98

11.3.3 PRODUCTS OFFERED 98

11.3.4 KEY DEVELOPMENTS 99

11.3.5 SWOT ANALYSIS 99

11.3.6 KEY STRATEGIES 99

11.4 NYISHAR 100

11.4.1 COMPANY OVERVIEW 100

11.4.2 FINANCIAL OVERVIEW 100

11.4.3 PRODUCTS OFFERED 100

11.4.4 KEY DEVELOPMENTS 100

11.4.5 KEY STRATEGIES 100

11.5 ORIVEDA BV 101

11.5.1 COMPANY OVERVIEW 101

11.5.2 FINANCIAL OVERVIEW 101

11.5.3 PRODUCTS OFFERED 101

11.5.4 KEY DEVELOPMENTS 101

11.5.5 KEY STRATEGIES 102

11.6 SAYAN CHAGA 103

11.6.1 COMPANY OVERVIEW 103

11.6.2 FINANCIAL OVERVIEW 103

11.6.3 PRODUCTS OFFERED 103

11.6.4 KEY DEVELOPMENTS 103

11.6.5 KEY STRATEGIES 103

11.7 BIO BOTANICA, INC. 104

11.7.1 COMPANY OVERVIEW 104

11.7.2 FINANCIAL OVERVIEW 104

11.7.3 PRODUCTS OFFERED 104

11.7.4 KEY DEVELOPMENTS 104

11.7.5 SWOT ANALYSIS 105

11.7.6 KEY STRATEGIES 105

11.8 THE NATURE'S BOUNTY CO. 106

11.8.1 COMPANY OVERVIEW 106

11.8.2 FINANCIAL OVERVIEW 106

11.8.3 PRODUCTS OFFERED 106

11.8.4 KEY DEVELOPMENTS 106

11.8.5 KEY STRATEGIES 106

11.9 BIOFINEST 107

11.9.1 COMPANY OVERVIEW 107

11.9.2 FINANCIAL OVERVIEW 107

11.9.3 PRODUCTS OFFERED 107

11.9.4 KEY DEVELOPMENTS 107

11.9.5 KEY STRATEGIES 107

11.10 NATURE'S WAY PRODUCTS, LLC 108

11.10.1 COMPANY OVERVIEW 108

11.10.2 FINANCIAL OVERVIEW 108

11.10.3 PRODUCTS OFFERED 108

11.10.4 KEY DEVELOPMENTS 108

11.10.5 SWOT ANALYSIS 109

11.10.6 KEY STRATEGIES 109

12 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 21

TABLE 2 LIST OF ASSUMPTIONS 25

TABLE 3 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ESTIMATES & FORECAST, BY TYPE, 2020-2027 (USD MILLION) 39

TABLE 4 SHIITAKE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 40

TABLE 5 REISHI: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 41

TABLE 6 CHAGA: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 42

TABLE 7 MAITAKE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 43

TABLE 8 CORDYCEPS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 44

TABLE 9 TURKEY TAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 45

TABLE 10 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 46

TABLE 11 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ESTIMATES & FORECAST, BY FORM, 2020-2027 (USD MILLION) 48

TABLE 12 CAPSULES & TABLETS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 48

TABLE 13 POWDER: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 49

TABLE 14 LIQUID: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 50

TABLE 15 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2027 (USD MILLION) 52

TABLE 16 ANTIOXIDANTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 52

TABLE 17 IMMUNITY ENHANCERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 53

TABLE 18 SKIN CARE: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 54

TABLE 19 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 55

TABLE 20 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 57

TABLE 21 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 58

TABLE 22 NORTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 59

TABLE 23 NORTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 59

TABLE 24 NORTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 60

TABLE 25 US: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 60

TABLE 26 US: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 61

TABLE 27 US: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 61

TABLE 28 CANADA: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 62

TABLE 29 CANADA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 62

TABLE 30 CANADA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 63

TABLE 31 MEXICO: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 63

TABLE 32 MEXICO: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 64

TABLE 33 MEXICO: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 64

TABLE 34 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 65

TABLE 35 EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 66

TABLE 36 EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 66

TABLE 37 EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 67

TABLE 38 GERMANY: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 67

TABLE 39 GERMANY: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 68

TABLE 40 GERMANY: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 68

TABLE 41 UK: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 69

TABLE 42 UK: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 69

TABLE 43 UK: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 70

TABLE 44 FRANCE: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 70

TABLE 45 FRANCE: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 71

TABLE 46 FRANCE: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 71

TABLE 47 SPAIN: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 72

TABLE 48 SPAIN: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 72

TABLE 49 SPAIN: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 73

TABLE 50 ITALY: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 73

TABLE 51 ITALY: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 74

TABLE 52 ITALY: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 74

TABLE 53 REST OF EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 75

TABLE 54 REST OF EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 75

TABLE 55 REST OF EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 76

TABLE 56 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2027 (USD MILLION) 77

TABLE 57 ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 78

TABLE 58 ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 78

TABLE 59 ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 79

TABLE 60 CHINA: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 79

TABLE 61 CHINA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 80

TABLE 62 CHINA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 80

TABLE 63 JAPAN: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 81

TABLE 64 JAPAN: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 81

TABLE 65 JAPAN: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 82

TABLE 66 INDIA: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 82

TABLE 67 INDIA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 83

TABLE 68 INDIA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 83

TABLE 69 AUSTRALIA & NEW ZEALAND: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 84

TABLE 70 AUSTRALIA & NEW ZEALAND: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 84

TABLE 71 AUSTRALIA & NEW ZEALAND: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 85

TABLE 72 REST OF ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 85

TABLE 73 REST OF ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 86

TABLE 74 REST OF ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 86

TABLE 75 REST OF THE WORLD: MARKET ESTIMATES & FORECAST, BY REGION, 2020-2027 (USD MILLION) 87

TABLE 76 REST OF THE WORLD: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 88

TABLE 77 REST OF THE WORLD: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 88

TABLE 78 REST OF THE WORLD: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 89

TABLE 79 SOUTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 89

TABLE 80 SOUTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 90

TABLE 81 SOUTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 90

TABLE 82 MIDDLE EAST: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 91

TABLE 83 MIDDLE EAST: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 91

TABLE 84 MIDDLE EAST: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 92

TABLE 85 AFRICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 92

TABLE 86 AFRICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 93

TABLE 87 AFRICA: MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 93

TABLE 88 ALOHA MEDICINALS: PRODUCTS OFFERED 94

TABLE 89 NEW ROOTS HERBAL INC: PRODUCTS OFFERED 96

TABLE 90 REAL MUSHROOMS: PRODUCTS OFFERED 98

TABLE 91 NYISHAR: PRODUCTS OFFERED 100

TABLE 92 ORIVEDA BV: PRODUCTS OFFERED 101

TABLE 93 SAYAN CHAGA: PRODUCTS OFFERED 103

TABLE 94 BIO BOTANICA, INC.: PRODUCTS OFFERED 104

TABLE 95 THE NATURE'S BOUNTY CO.: PRODUCTS OFFERED 106

TABLE 96 BIOFINEST: PRODUCTS OFFERED 107

TABLE 97 NATURE'S WAY PRODUCTS, LLC: PRODUCTS OFFERED 108

13 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 13

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, 2020 14

FIGURE 3 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ANALYSIS, BY TYPE 14

FIGURE 4 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ANALYSIS, BY FORM 15

FIGURE 5 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ANALYSIS, BY FUNCTION 16

FIGURE 6 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET ANALYSIS, BY REGION, 2020 17

FIGURE 7 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET: STRUCTURE 18

FIGURE 8 KEY BUYING CRITERIA FOR MEDICINAL MUSHROOM EXTRACT 19

FIGURE 9 RESEARCH PROCESS 20

FIGURE 10 TOP-DOWN AND BOTTOM-UP APPROACHES 23

FIGURE 11 NORTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET SIZE, BY COUNTRY (2020-2027) 26

FIGURE 12 EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET SIZE, BY COUNTRY (2020-2027) 26

FIGURE 13 ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET SIZE, BY COUNTRY (2020-2027) 27

FIGURE 14 REST OF THE WORLD: MEDICINAL MUSHROOM EXTRACT MARKET SIZE, BY REGION (2020-2027) 27

FIGURE 15 MARKET DYNAMICS OVERVIEW 28

FIGURE 16 DRIVERS IMPACT ANALYSIS: GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET 29

FIGURE 17 RESTRAINT IMPACT ANALYSIS: GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET 30

FIGURE 18 VALUE CHAIN: GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET 32

FIGURE 19 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET: SUPPLY CHAIN ANALYSIS 34

FIGURE 21 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020 (% SHARE) 38

FIGURE 22 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY TYPE, 2020-2027 (USD MILLION) 38

FIGURE 23 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020 (% SHARE) 47

FIGURE 24 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY FORM, 2020-2027 (USD MILLION) 47

FIGURE 25 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020 (% SHARE) 51

FIGURE 26 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY FUNCTION, 2020-2027 (USD MILLION) 51

FIGURE 27 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY REGION, 2020-2027 (USD MILLION) 56

FIGURE 28 GLOBAL MEDICINAL MUSHROOM EXTRACT MARKET, BY REGION, 2020 (% SHARE) 56

FIGURE 29 NORTH AMERICA: MEDICINAL MUSHROOM EXTRACT MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 58

FIGURE 30 EUROPE: MEDICINAL MUSHROOM EXTRACT MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 65

FIGURE 31 ASIA-PACIFIC: MEDICINAL MUSHROOM EXTRACT MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 77

FIGURE 32 REST OF THE WORLD: MEDICINAL MUSHROOM EXTRACT MARKET SHARE, BY REGION, 2020 (% SHARE) 87

FIGURE 33 ALOHA MEDICINALS: SWOT ANALYSIS 95

FIGURE 34 NEW ROOTS HERBAL INC: SWOT ANALYSIS 97

FIGURE 35 REAL MUSHROOMS: SWOT ANALYSIS 99

FIGURE 36 BIO BOTANICA, INC.: SWOT ANALYSIS 105

FIGURE 37 NATURE'S WAY PRODUCTS, LLC: SWOT ANALYSIS 109

Medicinal Mushroom Extract Market

The global medicinal mushroom market is expected to reach USD 17558.6 Million by the year 2027 and register a CAGR of 6.40% during the forecast year.

$17558.6 Million

Market Size


6.40%

CAGR


Asia Pacific

Dominating Region

2020-2027

Forecast Period

Segmentation

By Form Capsules & Tablets Powder And Liquid
By Type Shiitake Reishi Chaga Maitake Cordyceps Turkey Tail Others
By Function Antioxidants Immunity Enhancer Skin Care Others

Key Players

  • Bio Botanica Inc. (US)
  • New Roots Herbal Inc. (Canada)
  • Nature's Way Products LLC (US)
  • Aloha Medicinals (US)
  • The Nature's Bounty Co. (US)
  • Biofinest (US)
  • Real Mushrooms (Canada)
  • Oriveda BV (Netherlands)
  • Nyishar (UK)
  • Sayan Chaga (US)

Drivers

  • The increase in the number of health-conscious people who desire to lead a healthy lifestyle
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Market Highlights


The global medicinal mushroom market is expected to reach USD 17558.6 Million by the year 2027 and register a CAGR of 6.40% during the forecast year.


The medicinal mushroom extract is the liquid extract or dried powder of medicinal mushrooms. It is mainly used for preventing, alleviating, and healing different complicated diseases and ensuring a balanced and healthy diet. Owing to the many health benefits of the extract, the medicinal mushroom market size is expected to witness notable growth during the forecast year. The increase in focus on preventive healthcare relating to medicinal mushrooms will boost the growth of the global market.


The report studies the overall size of the global medicinal mushroom extracts market and its growth during the forecast period. It provides a plethora of information about the market dynamics, growth opportunities, competitive analysis, and recent developments in the industry. The report also sheds light on the segmentation of the global medicinal mushroom extract market along with the opportunities for growth.

COVID 19 Analysis


COVID 19 pandemic has significantly impacted the global medicinal mushroom extract market by reducing the demand and production of medicinal mushrooms. The outbreak of novel Coronavirus has disrupted the global market and its supply chain. It also had a financial impact on the key players of the industry.


However, the medicinal mushroom extract manufacturers are adopting beneficial strategies to overcome the potential challenges and increase the growth of the global market. The combined efforts of medicinal mushroom producers, manufacturers, and government are likely to boost the market growth during the forecast year. 


Medicinal Mushroom Extract Market Dynamics



  • Key Drivers of the Market


The increase in the number of health-conscious people who desire to lead a healthy lifestyle is a significant driving factor of the medicinal mushroom extract market. The growing awareness among people and the rise in focus on preventive healthcare products to address health problems are other factors that drive the market growth.


The concerns relating to the increase in the occurrence of health issues such as weak immune systems, obesity, and malnutrition make it essential for consumers to opt for different preventive healthcare options. The rise in awareness about the supplements to prevent these health issues is anticipated to increase the demand for medicinal mushroom extracts.



  • Major Opportunities for the Market


The increase in the need for functional foods has increased the growth opportunities for the global medicinal mushroom extract market. The untapped markets in different developing countries further create new growth opportunities for the medicinal mushroom liquid extract. 


The demand for functional foods is high among the health conscious individuals. Owing to the plenty of growth opportunities, the global market of the medicinal mushroom extract is expected to experience steady growth during the forecast year.



  • Key Constraint of the Market


The environmental constraints are a major limitation that is anticipated to hinder the growth of the medicinal mushroom extract industry. The lack of appropriate production skills is another factor that restricts market growth.


The logs on which the mushrooms grow need sufficient natural daylight and darkness equally for maintenance of internal moisture levels. However, the absence of the controlled environment requirements is likely to hamper the market growth.



  • Major Challenges of the Market


The COVID 19 situation that has significantly impacted the demand and supply of medicinal mushroom extract is a major challenge for the market. It has disrupted the regular operations of the key players in the market.


However, the major players of the global medicinal mushroom extract market are incorporating approaches and strategies to effectively cope up with the situation. The implementation of the strategic plans is expected to increase the demand for medicinal mushroom extract and accelerate market growth.



  • Cumulative Growth Analysis of the Market


The global market of medicinal mushroom extract will grow by USD 15,380.2 Million during the forecast year. The market is projected to record a CAGR of 6.1% by the year 2026.


The key players of the industry are putting in efforts to enhance the production of medicinal mushroom extract and drive the growth of the market.


Technology Analysis


A number of innovative technologies are being adopted in the global medicinal mushroom extract market. Latest cultivation technologies are used to increase the efficiency of the production of medicinal mushroom extract.


The technological developments in the global medicinal mushroom extract market are expected to increase during the forecast year. 


Segmentation Analysis of Medicinal Mushroom Extract



  • By Form


Depending on the form, the global medicinal mushroom market is segmented into powder, capsules & tablets, and liquid. The capsules & tablets segment dominates the global market owing to its easy and wide availability.


The capsules & tablets segment is projected to experience significant growth during the forecast year owing to its longer shelf life and convenience of use. 



  • By Type


Based on type, the global medicinal mushroom extract market is classified as reishi, maitake, shiitake, chaga, turkey tail, cordyceps, and others. The shiitake segment occupies the largest share in the global market. 


The cordyceps segment is anticipated to witness rapid growth during the forecast year owing to the increase in its use for the treatment of kidney disorders.



  • By Function


Based on function, the global medicinal mushroom extract market is divided into skin care, immunity enhancers, antioxidants, and others. The antioxidants segment occupies the largest share in the global market due to its ability to protect against genetic mutation and cellular damage.


The antioxidant segment is likely to record significant growth during the forecast year. The ability of antioxidants to protect human cells against free radicals that can causes diseases like cancer, heart issues, and others is a prominent reason for the expected growth.

Regional Analysis of the Market


Based on geographical regions, the global medicinal mushroom extract market is classified as North America, Asia Pacific, Europe, and the Rest of the World. The Asia Pacific region occupies a dominant share of the medicinal mushroom extract market.   


The increase in the demand for medicinal mushroom blend water extract owing to the high nutritional and medicinal value is a major reason for the market expansion. China is a significant contributor to the growth of the Asia Pacific market region. Asia Pacific market is expected to register a CAGR of 5.8% during the forecast year owing to the increase in awareness among consumers and growth of the organized retail sector. The medicinal mushroom extract market of Europe is also forecasted to witness significant growth during the forecast year.

Key Market Players of the Market


The major players in the global medicinal mushroom extract market are Bio Botanica, Inc. (US), New Roots Herbal, Inc. (Canada), Nature's Way Products, LLC (US), Aloha Medicinals (US), The Nature's Bounty Co. (US), Biofinest (US), Real Mushrooms (Canada), Oriveda BV (Netherlands), Nyishar (UK), and Sayan Chaga (US). More players are entering the global market and significantly contributing to market growth.


Aloha Medicinals (US) is a leading cultivator and supplier of medicinal mushrooms. The company offers the world's best medicinal mushroom extract and related products. It is one of the largest producers of 100% organic and American-grown medicinal mushrooms around the globe.


Recent Developments



  • In February 2019, Nature's Way Products, LLC (US) entered into a partnership with the renowned actress and wellness advocate, Mandy Moore. The partnership was a major milestone towards the ongoing mission of ‘Paving a Better Way to Wellness’. It will pursue the consumers to choose the highest-quality wellness alternatives and stay healthy.

  • The key players of the global medicinal mushroom extract market are increasingly adopting the strategies of mergers and acquisitions to effectively expand the market and accelerate market growth.

  • The prominent players in the industry are adopting the latest technologies to innovate their products and enhance the speed of production of medicinal mushroom membrane extract.


Report Overview


The global market report of medicinal mushroom extract covers the following:



  • Market Highlights

  • COVID 19 Analysis

  • Medicinal Mushroom Extract Market Dynamics

  • Technology Analysis

  • Segmentation Analysis of Medicinal Mushroom Extract

  • Regional Analysis of the Market

  • Key Market Players of the Market

  • Recent Development


The report highlights the growth strategies of the medicinal mushroom extract and forecasts for increase in revenues.


Segment Overview


By Type



  • Chaga

  • Reishi

  • Shiitake

  • Cordyceps

  • Maitake

  • Turkey Tail

  • Others


By Function



  • Skin Care

  • Antioxidant

  • Immunity Enhancer

  • Others


By Form



  • Capsule & Tablets

  • Liquid

  • Powder


By Region



  • Asia Pacific

  • North America

  • Europe

  • Rest of the World

Report Scope:
Report Attribute/Metric Details
  Market Size   USD 17558.6 Million (2027)
  CAGR   6.40% (2020-2027)
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Form, Function
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Bio Botanica, Inc. (US), New Roots Herbal, Inc. (Canada), Nature's Way Products, LLC (US), Aloha Medicinals (US), The Nature's Bounty Co. (US), Biofinest (US), Real Mushrooms (Canada), Oriveda BV (Netherlands), Nyishar (UK), and Sayan Chaga (US)
  Key Market Opportunities   the rise in focus on preventive healthcare products to address health problem
  Key Market Drivers   The increase in the number of health-conscious people who desire to lead a healthy lifestyle


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Frequently Asked Questions (FAQ) :

The global medicinal mushroom extract market is intended for manufacturers of medicinal mushroom extract, pharmaceutical manufacturers, industrial bodies, governments and associations, food and beverage manufacturers, distributors, traders, and wholesalers, and investors and trade experts.

The global medicinal mushroom extract market is segmented on the basis of type, form, function, and geographical region.

The medicinal mushroom extracts are mainly used for the purpose of controlling a number of diseases. It is also used for controlling cholesterol levels, improving lung function, preventing cardiovascular diseases, and regulating the immunity system.

The major players of the global medicinal mushroom extract market are The Nature's Bounty Co. (US), Oriveda BV (Netherlands), New Roots Herbal, Inc. (Canada), Nature's Way Products, LLC (US), Bio Botanica, Inc. (US), Aloha Medicinals (US), and Real Mushrooms (Canada).