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Asia Pacific Farm Enterprises Inc.
Banken Champignons B.V.
Bio Botanica Inc.
Concord Farms
DXN Holdings Bhd
Far West Fungi
Four Sigmatic Foods Inc.
Nikkei Canada Marketing Ltd.
Nyishar
Oriveda BV
PREMIUM HOKKAIDO Co. Ltd.
Real Mushrooms
SSD Bio Sciences
Swadeshi Mushroom
The Medicinal Mushroom Co.
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KSA
The medicinal mushrooms market is forecasted to grow by USD 9,310 mn during 2024-2029, accelerating at a CAGR of 12.3% during the forecast period. The report on the medicinal mushrooms market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health-promoting benefits of medicinal mushrooms, growth in online retailing, and rise in functional foods and nutraceuticals.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 10.8%
CAGR 12.3%
Incremental Value $9,310 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's medicinal mushrooms market is segmented as below:
By Product
Chaga mushroom
Reishi mushroom
Others
By Usage
Antioxidant
Immune enhancer
Anti-cancer
Skincare
Others
By Application
Pharmaceutical industry
Nutraceutical industry
Cosmetics industry
Food industry
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the expanding global vegan population as one of the prime reasons driving the medicinal mushrooms market growth during the next few years. Also, growing health consciousness among consumers and technological advancements in mushroom processing will lead to sizable demand in the market.
The report on the medicinal mushrooms market covers the following areas:
Medicinal Mushrooms Market sizing
Medicinal Mushrooms Market forecast
Medicinal Mushrooms Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medicinal mushrooms market vendors that include Aloha Medicinals, Asia Pacific Farm Enterprises Inc., Banken Champignons B.V., Bio Botanica Inc., Concord Farms, DXN Holdings Bhd, Far West Fungi, Four Sigmatic Foods Inc., Fungi Perfecti LLC, Gourmet Mushrooms Ltd., Natures Way Brands LLC, Nikkei Canada Marketing Ltd., Nyishar, Oriveda BV, PREMIUM HOKKAIDO Co. Ltd., Real Mushrooms, SSD Bio Sciences, Swadeshi Mushroom, The Medicinal Mushroom Co., and Wholesun Wellness. Also, the medicinal mushrooms market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Usage
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Medicinal Mushrooms Market 2019 - 2023
Historic Market Size - Data Table on Global Medicinal Mushrooms Market 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Usage segment analysis 2019 - 2023
Historic Market Size - Usage Segment 2019 - 2023 ($ million)
5.4 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The impact of AI in the global medicinal mushrooms market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Chaga mushroom - Market size and forecast 2024-2029
Chart on Chaga mushroom - Market size and forecast 2024-2029 ($ million)
Data Table on Chaga mushroom - Market size and forecast 2024-2029 ($ million)
Chart on Chaga mushroom - Year-over-year growth 2024-2029 (%)
Data Table on Chaga mushroom - Year-over-year growth 2024-2029 (%)
8.4 Reishi mushroom - Market size and forecast 2024-2029
Chart on Reishi mushroom - Market size and forecast 2024-2029 ($ million)
Data Table on Reishi mushroom - Market size and forecast 2024-2029 ($ million)
Chart on Reishi mushroom - Year-over-year growth 2024-2029 (%)
Data Table on Reishi mushroom - Year-over-year growth 2024-2029 (%)
8.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Usage
9.1 Market segments
Chart on Usage - Market share 2024-2029 (%)
Data Table on Usage - Market share 2024-2029 (%)
9.2 Comparison by Usage
Chart on Comparison by Usage
Data Table on Comparison by Usage
9.3 Antioxidant - Market size and forecast 2024-2029
Chart on Antioxidant - Market size and forecast 2024-2029 ($ million)
Data Table on Antioxidant - Market size and forecast 2024-2029 ($ million)
Chart on Antioxidant - Year-over-year growth 2024-2029 (%)
Data Table on Antioxidant - Year-over-year growth 2024-2029 (%)
9.4 Immune enhancer - Market size and forecast 2024-2029
Chart on Immune enhancer - Market size and forecast 2024-2029 ($ million)
Data Table on Immune enhancer - Market size and forecast 2024-2029 ($ million)
Chart on Immune enhancer - Year-over-year growth 2024-2029 (%)
Data Table on Immune enhancer - Year-over-year growth 2024-2029 (%)
9.5 Anti-cancer - Market size and forecast 2024-2029
Chart on Anti-cancer - Market size and forecast 2024-2029 ($ million)
Data Table on Anti-cancer - Market size and forecast 2024-2029 ($ million)
Chart on Anti-cancer - Year-over-year growth 2024-2029 (%)
Data Table on Anti-cancer - Year-over-year growth 2024-2029 (%)
9.6 Skincare - Market size and forecast 2024-2029
Chart on Skincare - Market size and forecast 2024-2029 ($ million)
Data Table on Skincare - Market size and forecast 2024-2029 ($ million)
Chart on Skincare - Year-over-year growth 2024-2029 (%)
Data Table on Skincare - Year-over-year growth 2024-2029 (%)
9.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by Usage
Market opportunity by Usage ($ million)
Data Table on Market opportunity by Usage ($ million)
10 Market Segmentation by Application
10.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
10.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
10.3 Pharmaceutical industry - Market size and forecast 2024-2029
Chart on Pharmaceutical industry - Market size and forecast 2024-2029 ($ million)
Data Table on Pharmaceutical industry - Market size and forecast 2024-2029 ($ million)
Chart on Pharmaceutical industry - Year-over-year growth 2024-2029 (%)
Data Table on Pharmaceutical industry - Year-over-year growth 2024-2029 (%)
10.4 Nutraceutical industry - Market size and forecast 2024-2029
Chart on Nutraceutical industry - Market size and forecast 2024-2029 ($ million)
Data Table on Nutraceutical industry - Market size and forecast 2024-2029 ($ million)
Chart on Nutraceutical industry - Year-over-year growth 2024-2029 (%)
Data Table on Nutraceutical industry - Year-over-year growth 2024-2029 (%)
10.5 Cosmetics industry - Market size and forecast 2024-2029
Chart on Cosmetics industry - Market size and forecast 2024-2029 ($ million)
Data Table on Cosmetics industry - Market size and forecast 2024-2029 ($ million)
Chart on Cosmetics industry - Year-over-year growth 2024-2029 (%)
Data Table on Cosmetics industry - Year-over-year growth 2024-2029 (%)
10.6 Food industry - Market size and forecast 2024-2029
Chart on Food industry - Market size and forecast 2024-2029 ($ million)
Data Table on Food industry - Market size and forecast 2024-2029 ($ million)
Chart on Food industry - Year-over-year growth 2024-2029 (%)
Data Table on Food industry - Year-over-year growth 2024-2029 (%)
10.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
12.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
12.3 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
12.4 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
12.5 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.6 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
12.7 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
12.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
12.9 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
12.10 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.11 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
12.12 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.13 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
12.14 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
12.15 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.16 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
12.17 Italy - Market size and forecast 2024-2029
Chart on Italy - Market size and forecast 2024-2029 ($ million)
Data Table on Italy - Market size and forecast 2024-2029 ($ million)
Chart on Italy - Year-over-year growth 2024-2029 (%)
Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
13 Drivers, Challenges, and Opportunity/Restraints
13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints
14 Competitive Landscape
14.1 Overview
14.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
Overview on factors of disruption
14.4 Industry risks
Impact of key risks on business
15 Competitive Analysis
15.1 Companies profiled
15.2 Company ranking index
15.3 Market positioning of companies
Matrix on companies position and classification
15.4 Asia Pacific Farm Enterprises Inc.
Asia Pacific Farm Enterprises Inc. - Overview
Asia Pacific Farm Enterprises Inc. - Product / Service
Asia Pacific Farm Enterprises Inc. - Key offerings
SWOT
15.5 Banken Champignons B.V.
Banken Champignons B.V. - Overview
Banken Champignons B.V. - Product / Service
Banken Champignons B.V. - Key offerings
SWOT
15.6 Bio Botanica Inc.
Bio Botanica Inc. - Overview
Bio Botanica Inc. - Product / Service
Bio Botanica Inc. - Key offerings
SWOT
15.7 Concord Farms
Concord Farms - Overview
Concord Farms - Product / Service
Concord Farms - Key offerings
SWOT
15.8 DXN Holdings Bhd
DXN Holdings Bhd - Overview
DXN Holdings Bhd - Product / Service
DXN Holdings Bhd - Key offerings
SWOT
15.9 Far West Fungi
Far West Fungi - Overview
Far West Fungi - Product / Service
Far West Fungi - Key offerings
SWOT
15.10 Four Sigmatic Foods Inc.
Four Sigmatic Foods Inc. - Overview
Four Sigmatic Foods Inc. - Product / Service
Four Sigmatic Foods Inc. - Key offerings
SWOT
15.11 Nikkei Canada Marketing Ltd.
Nikkei Canada Marketing Ltd. - Overview
Nikkei Canada Marketing Ltd. - Product / Service
Nikkei Canada Marketing Ltd. - Key offerings
SWOT
15.12 Nyishar
Nyishar - Overview
Nyishar - Product / Service
Nyishar - Key offerings
SWOT
15.13 Oriveda BV
Oriveda BV - Overview
Oriveda BV - Product / Service
Oriveda BV - Key offerings
SWOT
15.14 PREMIUM HOKKAIDO Co. Ltd.
PREMIUM HOKKAIDO Co. Ltd. - Overview
PREMIUM HOKKAIDO Co. Ltd. - Product / Service
PREMIUM HOKKAIDO Co. Ltd. - Key offerings
SWOT
15.15 Real Mushrooms
Real Mushrooms - Overview
Real Mushrooms - Product / Service
Real Mushrooms - Key offerings
SWOT
15.16 SSD Bio Sciences
SSD Bio Sciences - Overview
SSD Bio Sciences - Product / Service
SSD Bio Sciences - Key offerings
SWOT
15.17 Swadeshi Mushroom
Swadeshi Mushroom - Overview
Swadeshi Mushroom - Product / Service
Swadeshi Mushroom - Key offerings
SWOT
15.18 The Medicinal Mushroom Co.
The Medicinal Mushroom Co. - Overview
The Medicinal Mushroom Co. - Product / Service
The Medicinal Mushroom Co. - Key offerings
SWOT
16 Appendix
16.1 Scope of the report
16.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
16.3 Currency conversion rates for US$
Currency conversion rates for US$
16.4 Research methodology
16.5 Data procurement
16.6 Data validation
16.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
16.8 Data synthesis
16.9 360 degree market analysis
360 degree market analysis
16.10 List of abbreviations