Press release
Global Medicinal Mushroom Extract Market Expected to Reach USD 29.3 Billion by 2035, Get Market Statistics Access for Only US$99
Evolve DataBank
The report reveals that the global Medicinal Mushroom Extract Market, valued at approximately USD 13.7 billion in 2023, is projected to reach around USD 29.3 billion by 2035. The growth is driven by increasing consumer preference for natural immunity boosters, expanding applications in pharmaceuticals, nutraceuticals, and cosmetics, and rising awareness about the therapeutic benefits of functional mushrooms.
Key Market Growth Drivers and Trends
The market's acceleration is primarily propelled by two major and interconnected factors:
Growing Demand for Natural Health Products: The surge in health-conscious consumers seeking plant-based supplements is driving demand for medicinal mushroom extracts known for their adaptogenic, antioxidant, and immune-boosting properties.
Rising Integration in Functional Foods and Nutraceuticals: Mushroom extracts are increasingly used in dietary supplements, beverages, and fortified foods, promoting wellness and preventive healthcare.
Expanding Use in Skincare and Cosmetics: The antioxidants and anti-inflammatory properties of mushroom extracts are leading to their inclusion in premium skincare formulations.
Go to our the medicinal mushroom extract market statistics to get your required data at $99: https://evolvedatabank.com/ProductMaster/ProductDataDisplay/medicinal-mushroom-extract-market-annalysis
Segment and Regional Insights
By Type: Reishi dominates the market, widely recognized for its immune-modulating and stress-relieving properties, making it a preferred ingredient in dietary supplements.
By Form: Powder form leads the market, driven by its versatility and easy incorporation into foods, beverages, and supplements.
By Application: Immunity enhancer applications dominate, supported by rising post-pandemic health awareness and the growing trend toward preventive healthcare.
Regional Dominance: Asia-Pacific currently holds the largest share of the Medicinal Mushroom Extract Market, led by traditional use in countries such as China, Japan, and South Korea, where mushrooms like Reishi and Shiitake have long been integral to traditional medicine.
Fastest Growth: Asia-Pacific is expected to grow fastest due to Strong cultural heritage, advanced extraction technologies, and a growing nutraceutical industry reinforces the region's dominance.
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