Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 16.90 Billion | USD 45.66 Billion | 10.45% | 2024 |
FrequentlyAsked Questions
Functional mushrooms are particular kinds of fungi that provide health benefits owing to their nutritional compositions. Key advantages offered by functional mushrooms depend upon the use of functional mushrooms. Moreover, they are categorized into medicinal and adaptogenic mushrooms. Reportedly, medicinal mushrooms comprise compounds offering health benefits to consumers.
The global functional mushroom market is expected to grow due to Rising consumer awareness of natural health supplements and immune-boosting benefits drives demand.
According to a study, the global functional mushroom market size was worth around USD 16.90 Billion in 2024 and is expected to reach USD 45.66 Billion by 2034.
The global functional mushroom market is expected to grow at a CAGR of 10.45% during the forecast period.
North America is expected to dominate the functional mushroom market over the forecast period.
Leading players in the global functional mushroom market include Way of Will Inc., Monaghan Group, Nammex, M2 Ingredients, Rebbl, Mitoku Company, Hokkaido Reishi Co. Ltd., Monterey Mushrooms Inc., Lianfeng (Suizhou) Food Co. Ltd., and Sotru., among others.
The report explores crucial aspects of the functional mushroom market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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