United States Mushroom Extracts Market 2031 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The Global Mushroom Extracts Market reached US$ 5.8 billion in 2022 and is expected to reach US$ 11.4 billion by 2030, growing with a CAGR of 8.7% during the forecast period 2024-2031.

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Key Development:

United States: Recent Mushroom Extracts Developments

✅ In December 2025, KÄÄPÄ Biotech secured a €9 million investment to scale production capacity and accelerate R&D for premium functional mushroom extracts. The funding supports expansion across nutraceutical and wellness applications. It reflects strong investor confidence in high-purity mushroom ingredients.

✅ In October 2025, Monterey Nutra launched a new premium lion's mane extract powder branded for cognitive health and simultaneously expanded its California operations. The expansion significantly increases production capacity to meet rising demand. It strengthens the company's position in functional mushroom supplements.

✅ In October 2025, Four Sigmatic introduced organic mushroom complex capsules targeting focus, calm, and memory applications. The formulations combine multiple mushroom extracts with supportive nutrients. The launch expands its functional wellness product portfolio.

✅ In September 2025, Om Mushroom Superfood unveiled concentrated mushroom extract blends for functional beverages and sports-nutrition products. The extracts are designed for higher potency and improved formulation flexibility. This supports innovation across performance and lifestyle nutrition segments.

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Japan: Recent Mushroom Extracts Developments

✅ In November 2025, Japanese nutraceutical manufacturers advanced high-standard mushroom extract formulations emphasizing traditional medicinal species and organic sourcing. These developments target immunity, longevity, and cognitive wellness. They align with Japan's aging-population health priorities.

✅ In October 2025, Japanese supplement companies increased R&D investments focused on extract standardization and higher bioactive concentration. The initiatives aim to improve efficacy and consistency in functional mushroom products. This strengthens Japan's quality-driven nutraceutical market.

✅ In October 2025, beverage producers in Japan initiated development of mushroom-infused functional drinks using cordyceps, maitake, and reishi extracts. The products focus on energy, immunity, and mental clarity benefits. This signals growing adoption of mushroom extracts in mainstream beverages.

✅ In September 2025, Japan's wellness sector reported expanded use of adaptogenic mushroom extracts in ready-to-consume formats. The shift supports daily wellness routines beyond traditional supplements. It reinforces mushroom extracts as a core functional ingredient category.

Key Players:

=> NAMMEX, Xi'an Greena Biotech, Swanson, Life Extension, Nature's Answer, Bio Botanica, Inc., Innophos, Baikal Herbs, Naturalin Bio-Resources Co, Ltd, and New Roots Herbal, Inc.

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Key Segments:

By Type

Reishi Mushroom dominates with 28% share, driven by strong demand for immunity and stress-relief benefits.
Shiitake Mushroom holds 20% share, widely used in functional foods and nutraceuticals.
Lion's Mane Mushroom accounts for 18%, gaining traction for cognitive health and nootropic applications.
Cordyceps Mushroom represents 15%, popular in energy, stamina, and sports nutrition products.
Chaga Mushroom captures 10%, valued for antioxidant and anti-inflammatory properties.
Turkey Tail holds 6%, primarily used in immune-support supplements.
Others contribute 3%, including niche and emerging medicinal mushroom varieties.

By Form

Liquid Extract leads with 55% share, preferred for higher bioavailability and faster absorption.
Powder Extract accounts for 45%, widely used in capsules, sachets, and functional food formulations.

By Nature

Organic products hold 60% share, driven by clean-label demand and premium positioning.
Conventional products represent 40%, supported by cost-effectiveness and wider availability.

By Distribution Channel

Supermarkets & Hypermarkets - 30% share, offering wide product visibility and consumer trust.
Convenience Stores - 10% share, limited but growing presence for ready-to-consume formats.
E-commerce - 45% share, the fastest-growing channel due to D2C brands and subscription models.
Others - 15% share, including specialty health stores and pharmacies.

By Application

Dietary Supplements dominate with 50% share, driven by immunity, cognitive health, and wellness trends.
Food & Beverages hold 25% share, including functional drinks, teas, and fortified foods.
Personal Care & Cosmetics account for 15%, used for anti-aging and skin-repair formulations.
Others represent 10%, including animal nutrition and pharmaceutical research.

By Region

North America - 35% Share
Strong consumer awareness, high supplement adoption, and established wellness industry.

Europe - 25% Share
Rising demand for organic and plant-based functional ingredients.

Asia Pacific - 30% Share
Largest growth potential due to traditional medicinal use and expanding nutraceutical markets.

South America - 5% Share
Emerging market with increasing interest in natural health products.

Middle East & Africa - 5% Share
Gradual growth supported by premium wellness imports and urban health trends.

FAQ

What is the current size of the Mushroom Extracts Market?

A: In 2022, the Mushroom Extracts Market was valued at US$ 5.8 billion , reflecting its strong industry presence.

Q2: How large is the Mushroom Extracts Market expected to be by 2030?

A: By 2031, industry forecasts suggest the Mushroom Extracts Market will grow to around US$ 11.4 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Mushroom Extracts Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 8.7% during the forecast period from 2024 to 2031.

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