Global Medicinal Mushroom Market Overview
Medicinal Mushroom Market Size Was Valued At USD 8.89 BILLION In 2024. The Global Medicinal Mushroom Industry Is Projected To Grow From USD 9.45 BILLION In 2025 To USD 16.92 BILLION By 2035, Exhibiting A Compound Annual Growth Rate (CAGR) Of 6.66% During The Forecast Period (2025 - 2035).
High Nutritional And Medicinal Value And Growing Shift Towards Natural Health Solutions Is Driving The Medicinal Mushroom Market.
As per Analyst at MRFR,” Medicinal mushrooms are a type of fungi with a long history of application in traditional medicine owing to their potential therapeutic properties. These types of mushrooms are comprised of several bioactive molecules such as polysaccharides, antioxidants, and other metabolites, which are known for their medicinal values.”
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Medicinal Mushroom Market Trends
RISING DEMAND FOR EXOTIC MUSHROOMS
The flourishing consumer traction towards exotic mushrooms is not only due to culinary choice but also a reflection of a wider cultural shift towards complete wellness and an obligation for conventional medicinal practices. This shift has paved the way for a significant growth prospect for the medicinal mushroom market across the globe. Reishi, lion's mane, and chaga are a few of the exotic mushroom varieties that have been valued for several years in different cultures for their range of medicinal properties. Moreover, in recent years ongoing scientific research has unleashed the novel biochemical properties of medicinal mushrooms that have further surged the demand for several therapeutic applications.
With increasing consumers' focus on natural alternatives as compared to conventional medicine, the demand for exotic mushrooms has surged, which is further driving innovation and investment in this sector. For instance, reishi mushrooms have triterpenoids and polysaccharides which comprise antioxidant, anti-inflammatory, and immune-modulating properties. Likewise, lion's mane mushrooms contain hericenones and erinacines, which have been studied for their neuroprotective and cognitive-enhancing effects.
These bioactive compounds have captured the attention of researchers and consumers alike, fueling the demand for medicinal mushrooms as natural remedies for various health issues. In addition, the growing prevalence of several chronic health conditions, coupled with growing awareness regarding the significance of preventive healthcare, has further augmented the interest in alternative and complementary therapies. Medicinal mushrooms are progressively being incorporated into wellness schedules as supplements to conventional treatments or as preventive measures to promote overall health and well-being. Furthermore, the increasing application of medicinal mushrooms in various health supplements has become a booming trend that is creating tremendous growth opportunities in the forthcoming years.
The mushroom has gained traction in the nutraceuticals industry owing to several factors such as the appeal of natural products & ingredients, promising health-beneficial properties, the launch of novel products, and potency to cure various health ailments. Consumers are increasingly drawn to natural and organic alternatives to synthetic supplements, and medicinal mushroom-based supplements also fit according to the budget. Continuous R&D is exploring the potency of medicinal mushrooms in several domains that are creating opportunities for exotic varieties of mushrooms. Besides that, the availability of a range of medicinal mushroom supplements in various forms such as capsules, powders, and extracts, catering to numerous preferences and requirements. Apart from that, the globalization of trade and advancements in cultivation techniques have made exotic mushrooms more accessible and affordable, creating growth opportunities in the foreseeable period.
Medicinal Mushroom Market Segment Insights
Global Medicinal Mushroom product Type Insights
Based on product type, the Medicinal Mushroom Market has been segmented into Shiitake, Lion's Mane, Reishi, Cordyceps, Chaga, and others. The Shiitake segment accounted for the largest market share of 51.87% in 2023 and is likely to register a CAGR of 6.93% during the projected period. Whereas the dietary supplements segment is likely to register the highest CAGR of 7.59% during the projected period because medicinal mushrooms possess potent antioxidant properties that help combat oxidative stress and reduce the risk of chronic diseases.
The Shiitake (Lentinula edodes) category has a considerable impact on the worldwide medicinal mushroom market, driven by many factors that contribute to its popularity and extensive usage in traditional medicine and modern applications. The shiitake mushrooms have been continuously cultivated and consumed for millennia all through East Asia, particularly China, Japan, and Korea. Shiitake mushrooms have a deep social and cultural history that sets them apart in medical and culinary customs, contributing to their continued dominance in the medical mushroom industry.
Shiitake mushrooms are noted because of their high nutritional content and possible therapeutic effects. These foods are high in essential elements like vitamins (B vitamin and D), minerals (copper, selenium, and zinc), fiber from food, and bioactive substances like carbohydrates and beta-glucose. These chemicals are linked to a variety of medicinal advantages, including immunological modification, effects on inflammation, lipid reduction, and antioxidant capabilities, which drive their popularity in both functional foods and dietary supplements. Shiitake's immune-modulating characteristics are a major reason for growth in the beneficial mushrooms business. These mushrooms include beta-glucose, polymers, and additional bioactive substances that are being found to enhance the immune system by activating immune cells and regulating the production of cytokines.
Global Medicinal Mushroom category Insights
Based on the category, the Medicinal Mushroom Market has been segmented into organic and conventional. The conventional segment accounted for the largest market share of 68.33% in 2023 and is likely to register a CAGR of 7.15% during the projected period because they are highly versatile and can be easily incorporated into a wide range of food products, dietary supplements, and pharmaceuticals. Conventional mushrooms are a key driver of the global medical mushroom industry, utilizing their vast availability, familiarity, and adaptability to fulfil the different demands of customers throughout the world.
For starters, ordinary mushrooms are widely available and easily accessible. Button, portobello, and shiitake mushrooms are common ingredients in many different cuisines around the world, ensuring a consistent and reliable supply chain. Furthermore, ordinary mushrooms include a wide range of health-promoting qualities. They're high in critical elements such as minerals, vitamins, and antioxidants, which assist with enhancing general health and immunity.
They also include bioactive elements include as polysaccharides and beta- glucose, which are known to have immunomodulatory properties and the capacity to assist with a variety of maladies. Furthermore, typical mushrooms are quite adaptable and lend themselves nicely to a variety of product combinations. This adaptability broadens their market reach and enables product innovation, resulting in continued growth in the medicinal mushroom business.
Figure 1: Medicinal Mushroom Market, by category, 2024 & 2035 (USD BILLION)
Global Medicinal Mushroom form Insights
Based on the form, the Medicinal Mushroom Market has been bifurcated into fresh and processed. The processed segment has accounted for the largest market share of 73.34% in 2023 and is likely to register a CAGR of 6.52% during the projected period. Whereas the processed segment is analyzed by further bifurcation into dried, powder, and others. The powder segment is likely to register the highest CAGR of 7.60% during the projected period due to its lightweight form and ease of use. The processed segment of the worldwide medical mushroom market has grown rapidly, driven by a variety of reasons that emphasize the versatility, convenience, and prolonged shelf life of processed mushroom products.
Processed medicinal mushrooms range from supplements to extracts and powders, responding to a diverse spectrum of consumer tastes and lifestyle requirements, hence rising demand and market expansion. Compared to fresh mushrooms, processed medicinal mushroom products have a longer shelf life and are easier to store and handle. Mushrooms may be kept for longer periods using various processing processes such as drying, extraction, and powdering without losing nutritional content or medicinal benefits. This longer shelf life allows producers to distribute goods across larger geographical areas, reaching consumers who may not have access to fresh mushrooms all year. Furthermore, the simplicity of processing mushroom goods appeals to busy customers seeking easy ways to include therapeutic mushrooms in their everyday lives.
Extensive scientific studies have shown that processed medicinal mushroom products have health advantages and therapeutic uses. The bioactive substances found in many kinds of mushrooms are being investigated for their possible involvement in immunological regulation, reducing inflammation, antioxidant capacity, and other functions. Processed mushroom extracts, powders, and pills contain high amounts of these bioactive components, resulting in useful tools for improving health and wellness. As people become more aware of the based-on research advantages of mushrooms for medicine, there is a greater demand for processed mushroom products as simple ways to maximize their potential for treatment.
Global Medicinal Mushroom application Insights
Based on the application, the Medicinal Mushroom Market has been bifurcated into dietary supplements, food & beverages, personal care, and pharmaceuticals. The food & beverages segment has accounted for the largest market share of 46.31% in 2023 and is likely to register a CAGR of 7.23% during the projected period due to the increased demand of medicinal mushrooms ingredients in food products since it possesses potent antioxidant properties that help combat oxidative stress and reduce the risk of chronic diseases. The use of medicinal mushrooms in food and drinks is a key global market driver, capitalizing on changing consumer demands for functional foods and natural health supplements.
For starters, incorporating medicinal mushrooms into food and beverage items provides customers with a simple and fun approach to incorporating their health benefits into their everyday meals. With mushroom-infused beverages such as coffee and tea soups, broths, and snacks, these foods offer an easy and nice way to share the curative benefits of mushrooms. This integration perfectly coincides with customers' need for holistic health solutions that are incorporated into their daily routines, boosting market growth.
Furthermore, the culinary variety of therapeutic mushrooms enables limitless creativity in food and beverage compositions. Mushrooms, whether employed as a flavor enhancer, meat substitute, or functional ingredient, may increase the depth, richness, and nutritional value of a variety of items. This adaptability allows producers to cater to a wide range of customer tastes or dietary patterns, including vegan and vegetarian to paleo and ketones, hence broadening the market range for medicinal mushroom products.
Global Medicinal Mushroom Product Type Insights
Based on the end user, the Medicinal Mushroom Market has been bifurcated into residential and commercial. The commercial segment has accounted for the largest market share of 70.94% in 2023 and is likely to register a CAGR of 7.10% during the projected period due to the increase in availability of medicinal mushroom products in retail channels such as supermarkets, health food stores, and online platforms. The commercial end user sector is a key driver in moving the worldwide medicinal mushroom market ahead, leveraging demand from a variety of commercial venues including restaurants, cafés, wellness centers, and healthcare facilities.
For instance, businesses targeting to concerned with their health clientele are starting to incorporate medicinal mushrooms into their offerings. Restaurants and cafés, for example, are expanding their food offerings by including mushroom-infused food and beverages in response to the increasing need for useful foods and beverages. From mushrooms lattes to soup and slaw, these businesses are leveraging the medical advantages and culinary allure of medicinal mushrooms to draw in clients and increase revenue.
Furthermore, wellness centers and spas are using medicinal mushrooms in their treatments and products to broaden their therapeutic options. Mushroom-based vitamins, tincture forms, and cosmetics items are gaining popularity amongst people looking for natural health therapies. These facilities capitalize on the health advantages of mushrooms to attract customers seeking to renew and refresh their bodies and minds.
Global Medicinal Mushroom Product Type Insights
Based on the distribution channel, the Medicinal Mushroom Market has been bifurcated into supermarkets & hypermarkets, specialty stores, and e-commerce. The specialty stores segment has accounted for the largest market share of 51.58% in 2023 and is likely to register a CAGR of 6.70% during the projected period. Whereas the e-commerce segment is likely to register the highest CAGR of 8.10% during the projected period due to its 24/7 availability and flexibility. Specialty stores are a key distribution channel for the worldwide medicinal mushroom industry, catering to discerning clients seeking high-quality, niche items and individualized attention.
These establishments, which specialize in health foods, natural medicines, and organic items, play a significant role in melding customer attitudes and driving market growth through their carefully chosen offerings and expertise. For starters, specialist stores provide a carefully selected assortment of medicinal mushroom products, allowing customers to choose from a variety of selections based on their unique health needs and tastes. From pills and extracts to dried mushrooms and mushroom-infused dishes, these stores put quality above quantity, ensuring that each product fulfils strict effectiveness and purity requirements. This emphasis on premium options appeals to health-conscious consumers looking for natural, high-quality alternatives to traditional healthcare products, boosting market demand in the specialty store category.
Furthermore, specialist stores act as information and expertise hubs, providing consumers with tailored assistance and suggestions on medicinal mushrooms. Staff members are frequently well-versed in natural health cures and herbal medicine, enabling them to give helpful insights and guidance to customers looking for information about mushroom-based goods. This individualized strategy builds consumer confidence and loyalty, leading to repeat business and recommendations from others, which fuels market expansion in specialized retailers.
Global Medicinal Mushroom Regional Insights
Based on Region, the global Medicinal Mushroom is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific dominated the global market in 2024, while the Asia-Pacific is projected to be the fastest–growing Region during the forecast period.
Asia-Pacific develops as an important player in propelling the worldwide beneficial mushroom the marketplace forward, with countries such as China, Japan, India, Australia and New Zealand, and the rest of the continent contributing to its significant influence through a variety of factors including the heritage of culture, traditional medicine systems, growing consumer awareness, and advances in technology.
Beginning with China, the world's largest producer and user of medicinal mushrooms, the market is firmly ingrained in the country's rich cultural history and traditional medical practices. Chinese customers have an extensive tradition of consuming mushrooms for their curative characteristics, with mushrooms that are medicinal having been used in traditional Chinese medicine (TCM) for millennia. This cultural respect and confidence in mushrooms' therapeutic powers fuels enormous demand for mushroom-based goods in China, which range from supplements and extracts to teas and tonics.
Japan is another country with a long tradition of utilizing mushrooms for health and wellness, place a high value on herbal remedies and nutritious foods. Mushrooms such as shiitake, maitake, and reishi are highly valued in Japanese culture and cuisine for their gourmet and medicinal properties. Mushroom are used in several Japanese cuisines, drinks, and vitamins because they are believed to provide immune-boosting, durability, and general health advantages.
The region accounted for 26.69% market share in 2023 and is poised to reach USD 3.84 billion by 2032. Europe is a significant driver in the Medicinal Mushroom Market, with countries such as Germany, the United Kingdom, France, Spain, Italy, and the rest of Europe adding to its influence through factors such as consumer awareness, cultural heritage, regulatory frameworks, and robust distribution channels.
Beginning with Germany, Europe's largest economy, the market for medicinal mushrooms has expanded significantly, driven by a strong interest in natural health cures and traditional herbal medicine. Mushrooms are valued by German customers for their medicinal benefits, which include the ability to strengthen immunological function, increase energy, and promote general health. Furthermore, Germany's long history of herbal treatment, known as phytotherapy, has opened the ground for the incorporation of medicinal mushrooms into conventional healthcare procedures.
Moving to the United Kingdom, a similar tendency toward natural health cures and wellness activities is evident. Medicinal mushrooms are becoming increasingly popular among British customers due to their possible health advantages, which include immunological support, cognitive improvement, and stress reduction. The UK market has a varied selection of mushroom-based goods to suit different customer interests and lifestyles. Large cities such as London and Manchester have grown into wellness culture hotspots, fueling the popularity of medicinal mushroom products among consumers who prioritize health. In France, a nation famed for its gastronomic legacy and love for organic products, therapeutic mushrooms are used in traditional cuisine and modern medical procedures.
Figure 2: Medicinal Mushroom Market, by region, 2024 & 2035 (USD BILLION)
Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, France, Rest Of Europe, UK, Japan, Chaina, India, Rest of Asia Pacific , Middle East, Africa, South America.
Global Medicinal Mushroom Key Market Players & Competitive Insight
Many global, regional, and local vendors characterize the Medicinal Mushroom Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.
The major players in the market include SWADESHI MUSHROOM, MOUNTAIN ROSE HERBS, BIO-BOTANICA, INC, CONCORD FARMS, DXN HOLDINGS BHD, FAR WEST FUNGI, FUNGI PERFECTI , GOURMET MUSHROOMS, INC, ASIA PACIFIC FARM ENTERPRISES INC, HIRANO MUSHROOM LLC, among others. The Medicinal Mushroom Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.
Key Companies in the Medicinal Mushroom Market include.
- SWADESHI MUSHROOM
- MOUNTAIN ROSE HERBS
- BIO-BOTANICA, INC
- CONCORD FARMS
- DXN HOLDINGS BHD
- FAR WEST FUNGI
- FUNGI PERFECTI
- GOURMET MUSHROOMS, INC
- ASIA PACIFIC FARM ENTERPRISES INC
- HIRANO MUSHROOM LLC
Medicinal Mushroom Market Segmentation
Medicinal Mushroom Market by Product Type Outlook (USD BILLION, 2019-2035)
- Shiitake
- Lion's Mane
- Reishi
- Cordyceps
- Chaga
- Others
Medicinal Mushroom Market by Category Outlook (USD BILLION, 2019-2035)
Medicinal Mushroom Market by Form Outlook (USD BILLION, 2019-2035)
- Fresh
- Processed
- Dried
- Powder
- Others
Medicinal Mushroom Market by Application Outlook (USD BILLION, 2019-2035)
- Dietary Supplements
- Food & Beverages
- Personal Care
- Pharmaceuticals
Medicinal Mushroom Market by End-user Outlook (USD BILLION, 2019-2035)
Medicinal Mushroom Market by Distribution Channel Outlook (USD BILLION, 2019-2035)
- Supermarkets & Hypermarkets
- Specialty Stores
- E-commerce
Global Medicinal Mushroom Regional Outlook
- North America
- Europe
- UK
- France
- Germany
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East
- Africa
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Report Attribute/Metric
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Details
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Market Size 2024
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USD 8.89 BILLION
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Market Size 2025
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USD 9.45 BILLION
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Market Size 2035
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USD 16.92 BILLION
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Compound Annual Growth Rate (CAGR)
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6.66% (2025-2035)
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Base Year
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2024
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Market Forecast Period
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2025-2035
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Historical Data
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2019- 2023
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Market Forecast Units
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Value (USD BILLION)
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Report Coverage
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Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
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Segments Covered
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By Product Type, By Category Type, By Application, By End-user, By Distribution Channel and Region
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Geographies Covered
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North America, Europe, Asia-Pacific, Rest of the World.
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Countries Covered
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The U.S., Canada, Mexico, UK, France, Germany, Rest of Europe, Japan, Chaina, India, Rest of Asia Pacific, Middle East, Africa, South America.
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Key Companies Profiled
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SWADESHI MUSHROOM, MOUNTAIN ROSE HERBS, BIO-BOTANICA, INC, CONCORD FARMS, DXN HOLDINGS BHD, FAR WEST FUNGI, FUNGI PERFECTI, GOURMET MUSHROOMS, INC, ASIA PACIFIC FARM ENTERPRISES INC, HIRANO MUSHROOM LLC, among others.
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Key Market Opportunities
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· RISING DEMAND FOR EXOTIC MUSHROOMS
· ONLINE RETAILING PAVING THE WAY
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Key Market Dynamics
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· HIGH NUTRITIONAL AND MEDICINAL VALUE
· GROWING SHIFT TOWARDS NATURAL HEALTH SOLUTIONS
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Medicinal Mushroom Market Highlights:
Frequently Asked Questions (FAQ) :
The Medicinal Mushroom Market size is expected to be valued at USD 16.92 BILLION in 2035.
The global market is projected to grow at a CAGR of 6.66% during the forecast period, 2024-2035.
Asia Pacific had the largest share of the global market.
The key players in the market are Astec Industries SWADESHI MUSHROOM, MOUNTAIN ROSE HERBS, BIO-BOTANICA, INC, CONCORD FARMS, DXN HOLDINGS BHD, FAR WEST FUNGI, FUNGI PERFECTI, GOURMET MUSHROOMS, INC, ASIA PACIFIC FARM ENTERPRISES INC, HIRANO MUSHROOM LLC, among others.
Shiitake dominated the market in 2024.
Food & Beverages segment had the largest revenue share of the global market.
