Functional Mushrooms Market

By Form;

Powder, Liquid, and Others

By Nature;

Conventional and Organic

By Product Type;

Reishi, Cordyceps, Lions Mane, Turkey Tail, Shiitake, Chaga, and Other Product Types

By Application;

Food & Beverage, Dietary Supplements, Personal Care, and Pharmaceutical

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn178334257 Published Date: August, 2025

Functional Mushroom Market Overview

Functional Mushroom Market (USD Million)

Functional Mushroom Market was valued at USD 31,287.04 million in the year 2024. The size of this market is expected to increase to USD 55,668.98 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.6%.


Functional Mushrooms Market

*Market size in USD million

CAGR 8.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.6 %
Market Size (2024)USD 31,287.04 Million
Market Size (2031)USD 55,668.98 Million
Market ConcentrationMedium
Report Pages325
31,287.04
2024
55,668.98
2031

Major Players

  • Nammex
  • Hirano Mushroom LLC
  • CNC Exotic Mushrooms
  • Mitoku Company Ltd
  • Lianfeng (Suizhou) Food Co. Ltd
  • Shanghai Finc Bio-tech Inc.
  • M2 Ingredients
  • Hokkaido Reishi Co. Ltd

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Functional Mushrooms Market

Fragmented - Highly competitive market without dominant players


The Functional Mushrooms Market is witnessing strong growth as consumers increasingly seek natural, nutrient-rich wellness solutions. Popular varieties like reishi, lion’s mane, cordyceps, and shiitake are used in functional foods, supplements, and beverages, with more than 58% of health-conscious individuals including them in their diets.

Health and Wellness Fueling Growth
Functional mushrooms are gaining popularity for their immune-boosting, stress-relieving, and brain health properties. Close to 47% of supplement consumers select mushroom-based products for their adaptogenic benefits.

Product Innovation Enhancing Adoption
Manufacturers are launching powders, capsules, snack bars, and functional drinks to expand accessibility. About 39% of new mushroom products highlight clean-label and convenient formats, making them attractive to modern consumers.

Wide-Ranging Applications
These mushrooms are applied in nutraceuticals, food, drinks, cosmetics, and animal feed. More than 43% of demand comes from food and beverages, where they are valued for their nutritional profile and bioactive compounds.

Sustainability Strengthening Market Trends
Producers are focusing on organic cultivation and eco-friendly sourcing methods. Nearly 35% of product launches emphasize sustainable farming practices, positioning functional mushrooms as a cornerstone of a responsible health ecosystem.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Nature
    3. Market Snapshot, By Product Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Functional Mushroom Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Awareness
        2. Increased Functional Food Demand
        3. Growth in Natural Ingredients
      2. Restraints
        1. High Cultivation Costs
        2. Limited Consumer Awareness
        3. Regulatory Challenges
      3. Opportunities
        1. Product Innovation
        2. Expanding Retail Channels
        3. Emerging Market Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Functional Mushroom Market , By Form, 2021 - 2031 (USD Million)

      1. Powder

      2. Liquid

      3. Others

    2. Functional Mushroom Market , By Nature, 2021 - 2031 (USD Million)

      1. Conventional

      2. Organic

    3. Functional Mushroom Market , By Product Type, 2021 - 2031 (USD Million)
      1. Reishi
      2. Cordyceps
      3. Lions Mane
      4. Turkey Tail
      5. Shiitake
      6. Chaga
      7. Other Product Types
    4. Functional Mushroom Market , By Application, 2021 - 2031 (USD Million)
      1. Food & Beverage
      2. Dietary Supplements
      3. Personal Care
      4. Pharmaceutical
    5. Functional Mushroom Market , By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nammex
      2. Hirano Mushroom LLC
      3. CNC Exotic Mushrooms
      4. Mitoku Company Ltd
      5. Lianfeng (Suizhou) Food Co. Ltd
      6. Shanghai Finc Bio-tech Inc.
      7. M2 Ingredients
      8. Hokkaido Reishi Co. Ltd
  7. Analyst Views
  8. Future Outlook of the Market