PUBLISHER: Lucintel | PRODUCT CODE: 1387499
PUBLISHER: Lucintel | PRODUCT CODE: 1387499
Medicinal Mushroom Trends and Forecast
The future of the global medicinal mushroom market looks promising with opportunities in the reishi, maitake, shiitake, chaga, cordyceps, and turkey tail markets. The global medicinal mushroom market is expected to reach an estimated $52.9 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are increasing vegan population, rising global frequency of health issues, and growing demand for protein-rich diet.
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Medicinal Mushroom by Segment
The study includes a forecast for the global medicinal mushroom by type, function, form, and region.
Medicinal Mushroom Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Medicinal Mushroom Market by Function [Shipment Analysis by Value from 2018 to 2030]:
Medicinal Mushroom Market by Form [Shipment Analysis by Value from 2018 to 2030]:
Medicinal Mushroom Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Medicinal Mushroom Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medicinal mushroom companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medicinal mushroom companies profiled in this report include-
Medicinal Mushroom Market Insights
Lucintel forecasts that fresh will remain the largest segment over the forecast period due to rising demand for more nutritious preservatives-free food developments and organic food.
North America will remain the largest region over the forecast period due to the expansion in the cultivation of shiitake on biological and synthetic logs, as well as, growing consumer awareness.
Features of the Global Medicinal Mushroom Market
Market Size Estimates: Medicinal mushroom market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Medicinal mushroom market size by type, function, form, and region in terms of value ($B).
Regional Analysis: Medicinal mushroom market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, function, form, and regions for the medicinal mushroom market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the medicinal mushroom market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the medicinal mushroom market size?
Answer: The global medicinal mushroom market is expected to reach an estimated $52.9 billion by 2030.
Q2. What is the growth forecast for medicinal mushroom market?
Answer: The global medicinal mushroom market is expected to grow with a CAGR of 8.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the medicinal mushroom market?
Answer: The major drivers for this market are increasing vegan population, rising global frequency of health issues, and growing demand for protein-rich diet.
Q4. What are the major segments for medicinal mushroom market?
Answer: The future of the global medicinal mushroom market looks promising with opportunities in the reishi, maitake, shiitake, chaga, cordyceps, and turkey tail markets.
Q5. Who are the key medicinal mushroom market companies?
Answer: Some of the key medicinal mushroom companies are as follows:
Q6. Which medicinal mushroom market segment will be the largest in future?
Answer: Lucintel forecasts that fresh will remain the largest segment over the forecast period due to rising demand for more nutritious preservatives-free food developments and organic food.
Q7. In medicinal mushroom market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the expansion in the cultivation of shiitake on biological and synthetic logs, as well as, growing consumer awareness.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.