Reishi Mushroom Market by End-user, Type, and Geography - Forecast and Analysis 2022-2026

The reishi mushroom market share is expected to increase by USD 1.66 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.87%.

This reishi mushroom market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the reishi mushroom market segmentation by end-user (PND, food and beverage, and cosmetics and personal care), type (powder and liquid), and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The reishi mushroom market report also offers information on several market vendors, including Aloha Medicinals, Alphay International Inc., Bio Botanica Inc., Bristol Botanicals Ltd., Fungi Perfecti LLC, Hokkaido Reishi Co. Ltd., Mountain Rose Herbs, Mushroom Science, Naturalin Bio-Resources Co. Ltd., Natures Way Products LLC, North American Medicinal Mushroom Extracts, Qingdao Dacon Trading Co. Ltd., Ron Teeguarden Enterprises Inc., Solaray Inc., Swanson Health Products Inc., Terrasoul Superfoods, Xian Greena Biotech Co. Ltd., Xian Yuensun Biological Technology Co. Ltd., Zhejiang NetSun Co. Ltd., and DXN Holdings Bhd among others.

What will the Reishi Mushroom Market Size be During the Forecast Period?

Download Report Sample to Unlock the Reishi Mushroom Market Size for the Forecast Period and Other Important Statistics

 

Reishi Mushroom Market: Key Drivers, Trends, and Challenges

The health-promoting benefits of medicinal mushrooms are notably driving the reishi mushroom market growth, although factors such as stringent regulations and guidelines may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the reishi mushroom market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Reishi Mushroom Market Driver

The health-promoting benefits of medicinal mushrooms are a key factor driving the global reishi mushroom market growth. One of the growth drivers for the global reishi mushroom market is the health-promoting benefits associated with the consumption of medicinal mushrooms. Growing consumer awareness of the health-promoting benefits of consuming reishi mushrooms will drive the growth of the global reishi mushroom market during the forecast period. Medicinal mushrooms help in increasing antioxidant activity. Medicinal mushrooms such as Chaga and reishi are known for their antioxidant properties. Reishi has been known to reduce free radical activity and is also believed to relax and fortify both the mind and body. Similarly, medicinal mushrooms are known to boost both the levels and activity of many vital components of the immune system in the human body. Chaga mushrooms are known to increase the white blood cell count in the bone marrow. Thus, the increase in the consumption of medicinal mushrooms is expected to fuel the growth of the reishi mushroom market during the forecast period.

Key Reishi Mushroom Market Trend

One of the positive trends that may influence the growth of the global reishi mushroom market is increasing health consciousness among consumers. The growing prevalence of obesity and other chronic health conditions is encouraging health-conscious consumers to opt for food and beverage products that have various functional benefits. Several players in the market are introducing new products that are rich in nutrients and antioxidants and catering to the changing demands of consumers. Health and wellness lifestyle trends are growing in popularity among consumers, especially those in the age bracket of 18-32 years. Also, the number of consumers engaging in fitness activities is increasing globally, which is expected to accelerate the demand for reishi mushroom products during the forecast period. Consumers are ready to pay a premium price for products that offer various functional and other health-promoting benefits, such as reducing fat. The accelerating consumer demand for food and beverage products that offer various health benefits is expected to drive the growth of the global reishi mushroom market during the forecast period.

Key Reishi Mushroom Market Challenge

A challenge to the growth of the global reishi mushroom market is the stringent rules and guidelines issued by various government agencies in different countries regarding the sales, marketing, and labeling of reishi mushroom-based products. These regulations are related to permits and regulations for the entry of new players, residual management issues, and expiry dates of the products. The US FDA plays an important role in regulating the manufacturing and distribution of reishi mushroom-based products in the US market. The US FDA has placed stringent regulations on the number of ingredients that can be used in the products and the type of various ingredients that should be mentioned on the labels of reishi mushroom-based products. Complying with these regulations is a difficult task for players in the market, and these regulations can hinder the entry of new players and can also create roadblocks to product innovations in the market. In Europe, the EFSA closely inspects all the health claims made by companies over various media, such as on-package labels, hard copy ads, and websites, and verifies the same. Such factors are expected to hinder the growth of the reishi mushroom market during the forecast period.

This reishi mushroom market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global reishi mushroom market as a part of the global packaged foods and meats market under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the reishi mushroom market during the forecast period.

Who are the Major Reishi Mushroom Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Aloha Medicinals
• Alphay International Inc.
• Bio Botanica Inc.
• Bristol Botanicals Ltd.
• Fungi Perfecti LLC
• Hokkaido Reishi Co. Ltd.
• Mountain Rose Herbs
• Mushroom Science
• Naturalin Bio-Resources Co. Ltd.
• Natures Way Products LLC
• North American Medicinal Mushroom Extracts
• Qingdao Dacon Trading Co. Ltd.
• Ron Teeguarden Enterprises Inc.
• Solaray Inc.
• Swanson Health Products Inc.
• Terrasoul Superfoods
• Xian Greena Biotech Co. Ltd.
• Xian Yuensun Biological Technology Co. Ltd.
• Zhejiang NetSun Co. Ltd.
• DXN Holdings Bhd

 

This statistical study of the reishi mushroom market encompasses successful business strategies deployed by the key vendors. The reishi mushroom market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• getalphay.com - The company offers reishi mushrooms that contain polysaccharides, adenosine, triterpenoids, Ganoderic acid, proteins, and vitamins that promote healthy cellular growth, vitality, and overall immunity.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

Reishi Mushroom Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the reishi mushroom market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

The value chain of the global packaged foods and meats market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Reishi Mushroom Market?

For more insights on the market share of various regions Request PDF Sample now!

38% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the reishi mushroom market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The health-promoting benefits of medicinal mushrooms will facilitate the reishi mushroom market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The COVID-19 pandemic had a negative impact on the reishi mushroom market in APAC in 2020 and 2021. The exports of edible reishi mushrooms from China to Europe and the US witnessed a decline in 2020 and 2021 due to the COVID-19 pandemic, which led to logistics limitations. The pandemic also caused disruptions in the manufacturing, warehousing, and distribution activities of reishi mushroom producers in APAC. However, in 2021, due to the availability of vaccines and the vaccination drives carried out by the governments of countries in APAC, the pandemic is now under control in the region. With the resurgence in economic growth, the reishi mushroom market in APAC has been recovering, and the demand for reishi mushrooms in the regional market is expected to increase during the forecast period.

What are the Revenue-generating End-user Segments in the Reishi Mushroom Market?

To gain further insights on the market contribution of various segments Request a PDF Sample

The reishi mushroom market share growth by the PND segment will be significant during the forecast period. Ever since reishi mushrooms were discovered, they have been used widely in various countries as traditional medicine for itchiness, rash, headaches, stomach upset, nosebleeds, and bloody stools. The consumption of reishi mushrooms is known to enhance immunity, promote liver and heart health, and have sedative effects on the central nervous system. Therefore, such health-promoting effects of reishi mushrooms are expected to popularize them among consumers. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the reishi mushroom market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Reishi Mushroom Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 7.87%
Market growth 2022-2026	$1.66 billion
Market structure	Fragmented
YoY growth (%)	6.4
Regional analysis	APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution	APAC at 38%
Key consumer countries	US, Mexico, China, Japan, India, and Germany
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Aloha Medicinals, Alphay International Inc., Bio Botanica Inc., Bristol Botanicals Ltd., Fungi Perfecti LLC, Hokkaido Reishi Co. Ltd., Mountain Rose Herbs, Mushroom Science, Naturalin Bio-Resources Co. Ltd., Natures Way Products LLC, North American Medicinal Mushroom Extracts, Qingdao Dacon Trading Co. Ltd., Ron Teeguarden Enterprises Inc., Solaray Inc., Swanson Health Products Inc., Terrasoul Superfoods, Xian Greena Biotech Co. Ltd., Xian Yuensun Biological Technology Co. Ltd., Zhejiang NetSun Co. Ltd., and DXN Holdings Bhd
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Reishi Mushroom Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive reishi mushroom market growth during the next five years
• Precise estimation of the reishi mushroom market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the reishi mushroom industry across APAC, North America, Europe, South America, and the Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of reishi mushroom market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch