Mushroom Extracts Market Report 2025 (Global Edition)

Global Mushroom Extracts Market Report 2025 Market Size Split by Type (Reishi Mushroom , Shiitake Mushroom , Lion's Mane Mushroom , Cordyceps Mushroom , Chaga Mushroom , Turkey Tail , Others), b...

Mushroom Extracts Market Report Description

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Competitive Landscape of the Mushroom Extracts Market

Leading industry participants are making significant investments in R&D to broaden their product offerings, which will fuel further market expansion for medicinal mushroom extract. In addition, market participants are engaging in a range of strategic endeavors aimed at broadening their market reach. Notable events in this regard include the introduction of new products, contractual agreements, mergers and acquisitions, increased investment levels, and cooperation with other entities.

Mushroom Extracts Industry News

In July 2022, Five new extracts from mushrooms that can be used as ingredients have been released by Vibe Mushrooms. Master Blend, Turkey Tail, Red Reishi, Lion's Mane, and Cordyceps are among the several kinds of mushrooms. 

(Source: https://nutraceuticalbusinessreview.com/vibe-mushrooms-launches-five-mushroom-extracts-201985)

In July 2022, In partnership with Nammex, Ethical Naturals Inc. introduced a brand-new range of organic mushroom extracts named Mushroom-Plus. MycoCalm is a product created with organic red reishi and L-theanine.

(Source: https://www.nutraceuticalsworld.com/contents/view_breaking-news/2022-12-07/ethical-naturals-inc-and-nammex-launch-new-mushroom-plus-ingredient-line/)

Top Companies Market Share in Mushroom Extracts Industry: (In no particular order of Rank)

• NAMMEX
• Nutra Green
• Xi'an Greena Biotech
• Vitacost
• Swanson
• Life Extension
• Nature's Answer
• Nature's Way
• New Chapter
• Solaray
• Source Naturals
• Vital Nutrients
• Biofungi Supplements AG
• Nikken Foods
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of Mushroom Extracts

Which Region will dominate the Mushroom Extracts Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The reason for this is that these mushrooms are becoming more and more well-known as superfoods. In developed regions, functional mushrooms are gaining popularity as a better substitute for many other nutrient-dense foods. Moreover, heightened consumer consciousness regarding the preservation of general health and wellness will bolster the expansion of the area.

Which is Expanding at the Fastest CAGR?

The Asia Pacific region is witnessing an increase in sales. Since China is where most mushrooms are farmed, Asia Pacific was the dominant area. Due to these mushrooms' potential as functional foods, there was a significant demand for them, which further propelled the regional market. Due to the growing popularity of these mushrooms as a wholesome food alternative in ordinary diets, there is also a considerable demand for functional mushrooms in the Asia Pacific food and beverage business.

The current report Scope analyzes Mushroom Extracts Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Mushroom Extracts Market Analysis

According to Cognitive Market Research, the global Mushroom extracts market size was estimated at USD XX Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031. The development of shiitake growing on synthetic and biological logs will drive the rise of the medicinal mushroom market in North America, which will be dominated by this region's increased consumer awareness of maintaining general health and well-being. In addition, the US medical mushroom market had the most market share, while the Canadian medicinal mushroom market had the quickest rate of growth in the continent of North America. Because they are a better option than many other nutrient-dense foods, functional mushrooms are growing in popularity in developed countries. 

• According to Cognitive Market Research, the US had a major share in the Mushroom extracts market with a market size of USD xx million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Scientific research that verifies the traditional usage of mushrooms and investigates their therapeutic capabilities is driving the expansion of the functional mushroom market in the United States.
• The Canada Mushroom extracts market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Canadians are increasingly interested in natural health products, and mushroom extracts are seen as a safe and effective way to improve overall health and well-being.
• The Mexico Mushroom extracts market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD xx million in 2024.

 

Europe Mushroom Extracts Market Analysis

According to Cognitive Market Research, with a market value of USD XX million in 2024, it is projected to expand at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD XX million. Europeans are becoming more and more interested in the possible health advantages of medicinal mushrooms, which are thought to provide antioxidant, anti-inflammatory, and immune system support. The use of natural and plant-based remedies for health issues is becoming more and more popular. This increases the market for mushroom extracts as functional food ingredients and dietary supplements that support general health; Europeans are adopting functional foods that are high in nutrients and health benefits. More goods, such as powders, capsules, and teas, are using mushroom extracts to increase their accessibility for health-conscious consumers.

• The United Kingdom Mushroom extracts market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. There's a growing body of scientific research that supports the traditional uses of medicinal mushrooms.
• The French mushroom extracts market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD xx million in 2024.
• According to Cognitive Market Research, the German mushroom extracts market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. Germans are increasingly interested in natural and plant-based solutions to support their health and well-being.
• The Italy Mushroom extracts market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD xx million in 2024.
• The Russian mushroom extracts market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD xx million in 2024.
• The Spain Mushroom extracts market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD xx million in 2024.
• The Luxembourg Mushroom extracts market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD xx million in 2024.
• The Portugal Mushroom extracts market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD xx million in 2024.
• The Greece Mushroom extracts market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD xx million in 2024.
• The rest of Europe's mushroom extracts market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD xx million in 2024.

Asia Pacific Mushroom Extracts Market Analysis

According to Cognitive Market Research, the global Mushroom extracts market size was estimated at USD XX Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031. The growing health consciousness among Asians is fueling the market for natural supplements and functional foods. The ideal solution is provided by mushroom extracts, which provide a natural means of promoting health and well-being. The COVID-19 pandemic further heightened this trend as more consumers looked for ways to strengthen their immune systems. China is a major exporter of mushrooms, which are produced in large quantities throughout the Asia-Pacific area. Manufacturers of mushroom extract can easily obtain raw materials due to the robust domestic production base. For instance, reishi mushrooms are very well-liked because of their purported capacity to increase immunity and lengthen life. 

• According to Cognitive Market Research, the China Mushroom extracts market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 11.0% during the forecast period. Chinese consumers are becoming increasingly health-conscious and seeking preventive healthcare solutions. Mushroom extracts, perceived to have various health benefits, align well with this trend.
• The Japan Mushroom extracts market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD xx million in 2024.
• The India Mushroom extracts market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 13.3% during the forecast period. As disposable incomes rise in India, people are more willing to spend money on preventive healthcare products, such as mushroom extracts.
• The South Korean mushroom extracts market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD xx million in 2024.
• The Australian mushroom extracts market is projected to witness growth at a CAGR of 11.2% during the forecast period, with a market size of USD 12.5% million in 2024.
• The Southeast Asia Mushroom extracts market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of the Asia Pacific Mushroom extracts market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD xx million in 2024.

 

South America Mushroom Extracts Market Analysis

According to Cognitive Market Research, the global Mushroom extracts market size was estimated at USD XX Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2031. Healthful lives and preventative healthcare are becoming more and more important to people in Latin America. Natural products that are thought to improve immunity and general well-being, such as extracts from mushrooms, are in high demand due to this trend. Natural ingredient dietary supplements and functional foods are becoming increasingly popular in Latin America. This group includes mushroom extracts, which are nutrient-rich and may have health advantages. In Latin America, consumers' preferences for plant-based and organic products are growing. Natural sources of mushroom extracts correspond with this inclination and support market expansion.

• According to Cognitive Market Research, the Brazil Mushroom extracts market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Brazilians are showing a growing interest in alternative therapies, including those that utilize medicinal mushrooms.
• The Argentina Mushroom extracts market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 9.8% during the forecast period. The prevalence of chronic diseases like diabetes and heart disease is on the rise in Argentina, as it is globally.
• The Colombia Mushroom extracts market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD xx million in 2024.
• The Peru Mushroom extracts market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD xx million in 2024.
• The Chile Mushroom extracts market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of the Latin America Mushroom extracts market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD xx million in 2024.

 

Middle East Mushroom Extracts Market Analysis

According to Cognitive Market Research, the global Mushroom extracts market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031. The MEA region's consumers are becoming more conscious of the potential health advantages of mushroom extracts, which include increased immunity, enhanced cognitive function, and decreased inflammation. A number of variables, including the growing incidence of chronic illnesses, the expanding appeal of functional foods and drinks, and the expansion of online information resources, are contributing to this increased knowledge. Customers in the MEA region are willing to spend more on high-end health and wellness items, such as mushroom extracts, as their disposable incomes rise.

• According to Cognitive Market Research, the GCC Countries Mushroom extracts market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. People in the GCC region have increasingly disposable income, which they are willing to spend on health and wellness products.
• The Egypt Mushroom extracts market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD xx million in 2024.
• The South African mushroom extracts market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD xx million in 2024. South Africans are increasingly turning to natural health products to improve their well-being.
• The Turkey Mushroom extracts market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD xx million in 2024.
• The Nigeria Mushroom extracts market is projected to witness growth at a CAGR of 8.3% during the forecast period with a market size of USD xx million in 2024.
• The Rest of the MEA Mushroom extracts market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD xx million in 2024.

Mushroom Extracts Market Analysis

Mushroom Extracts Type Segment Analysis

According to Cognitive Market Research, reishi mushroom held the major market share over the forecast period. The market is expanding because reishi mushroom extracts are being used as functional ingredients in healthcare products, and these mushrooms are being included in more and more health supplements. Furthermore, it is anticipated that the industry will rise as more foods and beverages incorporate reishi mushroom extract as an ingredient. Due to the rising incidence of illnesses and the advantages of functional food over fast food and junk food in terms of health, consumers are choosing to consume functional food and dietary supplements.

Shiitake mushroom is the fastest-growing category over the forecast period. The growing interest in the product was caused by its potential medical and nutritional benefits. These mushrooms aid with weight loss, cardiovascular health, immune system strengthening, and energy production. Additionally, shiitake mushrooms are employed in the food and nutritional supplement industries. Dried shiitake mushrooms are very well-liked by people all over the world because of their umami flavor. Furthermore, stir-fries, soups, stews, and other Asian cuisines use shiitake mushrooms, both fresh and dried.

• Reishi Mushroom 
• Shiitake Mushroom 
• Lion's Mane Mushroom 
• Cordyceps Mushroom 
• Chaga Mushroom 
• Turkey Tail 
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Mushroom Extracts Industry. Request a Free Sample PDF!

Mushroom Extracts Nature Segment Analysis

According to Cognitive Market Research, organic holds a prominent market share. Due to the increasing demand from health-conscious customers, especially in developed economies, organic mushroom extracts have the largest market share.  Due to the perception that organic products are safer and healthier, consumers are willing to pay a higher price.

Conventional is the fastest-growing category over the forecast period. Surgery and prescription medications are the mainstays of conventional medicine's approach to treating illness. On the other hand, dietary supplements that are taken orally include extracts from mushrooms. The active ingredients in mushrooms are concentrated to make them. An increasing amount of research points to the potential health advantages of mushroom extracts.  For instance, research has indicated that they may strengthen the immune system, lessen inflammation, and combat cancerous cells. To verify these advantages, more study is necessary.

• Organic 
• Conventional

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Mushroom Extracts Application Segment Analysis

According to Cognitive Market Research, food and beverages hold a prominent market share. Changing consumer lifestyles, a growing number of people living in cities, and rising levels of disposable income are some of the main causes pushing people to choose healthier eating habits. As a result, consumers are incorporating functional mushroom-infused foods and beverages into their diets all around the world.

Dietary supplements are the fastest-growing category over the forecast period. Antioxidants such as flavonoids, quercetin, baicalein, polyphenols, polysaccharides, triterpenes, proteins, amino acids, and organic germanium are among the many bioactive substances that are abundant in functional mushrooms. As a result, functional mushroom extracts are a component of many medications and dietary supplements that treat conditions like diabetes, high blood pressure, insomnia, cancer, and high cholesterol. Throughout the projection period, this is anticipated to propel the segment's growth.

• Food and Beverages 
• Dietary Supplements 
• Personal Care and Cosmetics 
• Other

Author's Detail

Sneha Singh

Research Analyst at Cognitive Market Research

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I am a well-organized, conscientious, and professional Research Analyst with two three years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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