The Asia Pacific Functional Mushroom Market would witness market growth of 8.8% CAGR during the forecast period (2021-2027).
Functional mushrooms are easy to incorporate into the daily routine because of their versatility. Functional mushrooms are not really the same as the mushrooms a person finds in the supermarket. While some species, such as lion's mane and shiitake, are appetizing as gourmet mushrooms, others may be less edible in their raw state. They are offered in a variety of forms, including powder, tincture, and extract, and are commonly used as nutritional supplements.
The use of functional mushroom powder as an ingredient in cosmetics and personal care products is gaining popularity. This is due to its outstanding antioxidant, anti-aging, anti-wrinkle, skin brightening, and moisturising properties, making it a perfect cosmetic ingredient. As a result, a number of international businesses are increasingly developing and introducing personal care products with functional mushroom as a key ingredient.
As per NABARD, China has been the world's biggest mushroom grower, accounting for 46% of overall production, or over half of all mushroom production. Since the Chinese Association of Edible Fungi covers all mushrooms, the Chinese authorities estimate that the production of mushroom would increase substantially in the coming years. In addition, China uses 95% of its domestic mushroom production on the home market, with only 5% of it accessible for export, with around half of that going to Asian countries.
The China market dominated the Asia Pacific Functional Mushroom Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,410.6 million by 2027. The Japan market is anticipated to grow a CAGR of 8.1% during (2021 - 2027). Additionally, The India market would experience a CAGR of 9.4% during (2021 - 2027).
Based on Application, the market is segmented into Pharmaceutical, nutraceutical & dietary supplements; Food & Beverage and Personal Care & Cosmetics. Based on Product Type, the market is segmented into Reishi, Cordyceps, Lion’s Mane and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets & Hypermarkets, Online Distribution Channel and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Functional Mushroom Market is Projected to reach USD 13.6 Billion by 2027, at a CAGR of 8.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hokkaido Reishi Co. Ltd., Real Mushrooms, Pan's Mushroom Jerky, Om Mushroom Superfood, Four Sigmatic, Banken Champignons B.V., South Mill Mushrooms Sales, Inc. (The Mushroom Company), and Half Hill Farm, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Pharmaceutical, nutraceutical & dietary supplements
- Food & Beverage and
- Personal Care & Cosmetics
By Product Type
- Reishi
- Cordyceps
- Lion’s Mane and
- Others
By Distribution Channel
- Specialty Stores
- Supermarkets & Hypermarkets
- Online Distribution Channel and
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hokkaido Reishi Co. Ltd.
- Real Mushrooms
- Pan's Mushroom Jerky
- Om Mushroom Superfood
- Four Sigmatic
- Banken Champignons B.V.
- South Mill Mushrooms Sales, Inc. (The Mushroom Company)
- Half Hill Farm, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Functional Mushroom Market, by Application
1.4.2 Asia Pacific Functional Mushroom Market, by Product Type
1.4.3 Asia Pacific Functional Mushroom Market, by Distribution Channel
1.4.4 Asia Pacific Functional Mushroom Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Functional Mushroom Market by Application
3.1 Asia Pacific Pharmaceutical, nutraceutical & dietary supplements Market by Country
3.2 Asia Pacific Food & Beverage Market by Country
3.3 Asia Pacific Personal Care & Cosmetics Market by Country
Chapter 4. Asia Pacific Functional Mushroom Market by Product Type
4.1 Asia Pacific Reishi Market by Country
4.2 Asia Pacific Cordyceps Market by Country
4.3 Asia Pacific Lion’s Mane Market by Country
4.4 Asia Pacific Other Product Type Market by Country
Chapter 5. Asia Pacific Functional Mushroom Market by Distribution Channel
5.1 Asia Pacific Specialty Stores Market by Country
5.2 Asia Pacific Supermarkets & Hypermarkets Market by Country
5.3 Asia Pacific Online Distribution Channel Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Functional Mushroom Market by Country
6.1 China Functional Mushroom Market
6.1.1 China Functional Mushroom Market by Application
6.1.2 China Functional Mushroom Market by Product Type
6.1.3 China Functional Mushroom Market by Distribution Channel
6.2 Japan Functional Mushroom Market
6.2.1 Japan Functional Mushroom Market by Application
6.2.2 Japan Functional Mushroom Market by Product Type
6.2.3 Japan Functional Mushroom Market by Distribution Channel
6.3 India Functional Mushroom Market
6.3.1 India Functional Mushroom Market by Application
6.3.2 India Functional Mushroom Market by Product Type
6.3.3 India Functional Mushroom Market by Distribution Channel
6.4 South Korea Functional Mushroom Market
6.4.1 South Korea Functional Mushroom Market by Application
6.4.2 South Korea Functional Mushroom Market by Product Type
6.4.3 South Korea Functional Mushroom Market by Distribution Channel
6.5 Singapore Functional Mushroom Market
6.5.1 Singapore Functional Mushroom Market by Application
6.5.2 Singapore Functional Mushroom Market by Product Type
6.5.3 Singapore Functional Mushroom Market by Distribution Channel
6.6 Malaysia Functional Mushroom Market
6.6.1 Malaysia Functional Mushroom Market by Application
6.6.2 Malaysia Functional Mushroom Market by Product Type
6.6.3 Malaysia Functional Mushroom Market by Distribution Channel
6.7 Rest of Asia Pacific Functional Mushroom Market
6.7.1 Rest of Asia Pacific Functional Mushroom Market by Application
6.7.2 Rest of Asia Pacific Functional Mushroom Market by Product Type
6.7.3 Rest of Asia Pacific Functional Mushroom Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Hokkaido Reishi Co. Ltd.
7.1.1 Company Overview
7.2 Real Mushrooms
7.2.1 Company Overview
7.3 Pan's Mushroom Jerky
7.3.1 Company Overview
7.4 Om Mushroom Superfood
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Four Sigmatic
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Product Launches and Product Expansions:
7.6 Banken Champignons B.V.
7.6.1 Company Overview
7.7 South Mill Mushrooms Sales, Inc. (The Mushroom Company)
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Partnerships, Collaborations, and Agreements:
7.7.2.2 Product Launches and Product Expansions:
7.7.2.3 Acquisitions and Mergers:
7.7.2.4 Geographical Expansions:
7.8 Half Hill Farm, Inc.
7.8.1 Company Overview
TABLE 1 Asia Pacific Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 3 Asia Pacific Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 4 Asia Pacific Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 5 Asia Pacific Pharmaceutical, nutraceutical & dietary supplements Market by Country, 2017 - 2020, USD Million
TABLE 6 Asia Pacific Pharmaceutical, nutraceutical & dietary supplements Market by Country, 2021 - 2027, USD Million
TABLE 7 Asia Pacific Food & Beverage Market by Country, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Food & Beverage Market by Country, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Personal Care & Cosmetics Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Personal Care & Cosmetics Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Reishi Market by Country, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Reishi Market by Country, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Cordyceps Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Cordyceps Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Lion’s Mane Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Lion’s Mane Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Other Product Type Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Other Product Type Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Specialty Stores Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Specialty Stores Market by Country, 2021 - 2027, USD Million
TABLE 25 Asia Pacific Supermarkets & Hypermarkets Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific Supermarkets & Hypermarkets Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific Online Distribution Channel Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific Online Distribution Channel Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Functional Mushroom Market by Country, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Functional Mushroom Market by Country, 2021 - 2027, USD Million
TABLE 33 China Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 34 China Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 35 China Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 36 China Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 37 China Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 38 China Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 39 China Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 40 China Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 41 Japan Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 42 Japan Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 43 Japan Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 44 Japan Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 45 Japan Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 46 Japan Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 47 Japan Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 48 Japan Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 49 India Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 50 India Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 51 India Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 52 India Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 53 India Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 54 India Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 55 India Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 56 India Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 57 South Korea Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 58 South Korea Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 59 South Korea Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 60 South Korea Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 61 South Korea Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 62 South Korea Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 63 South Korea Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 64 South Korea Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 65 Singapore Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 66 Singapore Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 67 Singapore Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 68 Singapore Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 69 Singapore Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 70 Singapore Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 71 Singapore Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 72 Singapore Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 73 Malaysia Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 74 Malaysia Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 75 Malaysia Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 76 Malaysia Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 77 Malaysia Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 78 Malaysia Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 79 Malaysia Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 80 Malaysia Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 81 Rest of Asia Pacific Functional Mushroom Market, 2017 - 2020, USD Million
TABLE 82 Rest of Asia Pacific Functional Mushroom Market, 2021 - 2027, USD Million
TABLE 83 Rest of Asia Pacific Functional Mushroom Market by Application, 2017 - 2020, USD Million
TABLE 84 Rest of Asia Pacific Functional Mushroom Market by Application, 2021 - 2027, USD Million
TABLE 85 Rest of Asia Pacific Functional Mushroom Market by Product Type, 2017 - 2020, USD Million
TABLE 86 Rest of Asia Pacific Functional Mushroom Market by Product Type, 2021 - 2027, USD Million
TABLE 87 Rest of Asia Pacific Functional Mushroom Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 88 Rest of Asia Pacific Functional Mushroom Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 89 Key Information – Hokkaido Reishi Co. Ltd.
TABLE 90 Key Information – Real Mushrooms
TABLE 91 Key Information – Pan's Mushroom Jerky
TABLE 92 Key Information – Om Mushroom Superfood
TABLE 93 Key Information – Four Sigmatic
TABLE 94 Key Information – Banken Champignons B.V.
TABLE 95 key information – South Mill Mushrooms Sales, Inc.
TABLE 96 Key Information – Half Hill Farm, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: South Mill Mushrooms Sales, Inc.