Press release
Mushroom Extracts Market to Reach US$ 11.4B by 2030 | CAGR 8.7% | North America Leads, Asia-Pacific Fastest Growing | Key Players: NAMMEX, Swanson, Life Extension, Bio Botanica
Mushroom Extracts Market
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Latest M & A / Key Developments
• March 2022: Vibe Mushrooms Inc. acquired Qi Mushrooms, enhancing research, development, and production of medicinal mushroom extracts.
• July 2022: Vibe Mushrooms launched five new mushroom extracts, including lion's mane, turkey tail, and red reishi.
• March 2023: Ilesol Pharmaceuticals expanded with a new line of botanical extracts and functional mushrooms for immune and cognitive support.
• July 2022: Ethical Naturals Inc. collaborated with North American Medicinal Mushroom Extracts to introduce Mushroom-Plus products with organic red reishi and L-theanine.
• August 2023: Four Sigmatic launched Organic Mushroom Complex Capsules for brain health, stress relief, and mental clarity.
• September 2023: Applied Food Sciences Inc. partnered with KAAPA Biotech to introduce Nordic-grown functional mushroom extracts (reishi, shiitake, lion's mane) for food, beverage, and supplement applications.
Key Players:
NAMMEX, Xi'an Greena Biotech, Swanson, Life Extension, Nature's Answer, Bio Botanica, Inc., Innophos, Baikal Herbs, Naturalin Bio-Resources Co, Ltd, New Roots Herbal, Inc.
Key Development:
Dec 2025
Rising consumer demand for natural immune boosters and cognitive enhancers continues to drive innovation in functional mushroom extracts, with increased focus on organic and sustainably sourced products.
Growth Forecast Projected:
The Global Mushroom Extracts Market reached US$ 5.8 billion in 2022 and is expected to reach US$ 11.4 billion by 2030, growing at a CAGR of 8.7% during the forecast period 2024-2031.
Research Process:
Both primary and secondary data sources have been used in the Mushroom Extracts Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
By Type: Reishi Mushroom, Shiitake Mushroom, Lion's Mane Mushroom, Cordyceps Mushroom, Chaga Mushroom, Turkey Tail, Others
By Form: Liquid Extract, Powder Extract
By Nature: Organic, Conventional
By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, E-commerce, Others
By Application: Food & Beverages, Dietary Supplements, Personal Care and Cosmetics, Others
By Region: North America, Europe, South America, Asia Pacific, Middle East and Africa
Benefits of the Report:
Chapter 1: Lays the foundation by defining the scope of the report, highlighting core market segments across regions, product types, and applications. It delivers a clear snapshot of current market size, growth potential, and how the industry is expected to evolve in both the near and long term.
Chapter 2: Spotlights the most impactful market insights, unveiling the transformative trends and forces shaping the future of the industry.
Chapter 3: Provides a deep dive into the competitive landscape of , covering revenue shares, strategic initiatives, and notable mergers & acquisitions that are reshaping the market.
Chapter 4: Presents detailed company profiles of leading players featuring financial performance, product portfolios, profit margins, and key milestones that set them apart in the industry.
Chapters 5 & 6: Break down revenue analysis at both regional and country levels, offering precise data on market size, growth drivers, and expansion opportunities across global markets.
Chapter 7: Analyzes the market by product type, spotlighting segment-specific opportunities and helping stakeholders identify untapped, high-growth areas.
Chapter 8 :Explores the market through application-based segmentation, assessing demand across industries and pinpointing downstream sectors with the strongest potential for growth.
Chapter 9: Maps the industry's supply chain in detail, tracing upstream and downstream activities to provide clarity on value creation across the ecosystem.
Chapter 10: Wraps up with a concise summary of the report's key insights distilling the most critical findings and strategic takeaways for decision-makers and stakeholders.
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FAQ
Q: How rapidly will the Market expand?
A: The Global Mushroom Extracts Market is projected to grow at a CAGR of 8.7% between 2024 and 2031.
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