The Latin America, Middle East and Africa Adaptogenic Mushrooms Market would witness market growth of 12.0% CAGR during the forecast period (2022-2028).
The medicinal properties of functional mushrooms are once again fueling industry expansion. All functional mushrooms work to balance energy levels, boost the immune system, improve digestion, and improve the skin's natural radiance. The market for adaptogenic mushrooms is driven by chemicals, such as antioxidants, that increase blood flow, promote immunity, and provide numerous other benefits.
Consumers have gravitated towards functional foods & beverages, which manufacturers promote as advantageous beyond basic nutrition. These goods promote proper nutrition and lower the chance of contracting an illness.
In addition, manufacturers are adding functional mushrooms, rich in antioxidants and nutritional value. They have many health claims for each, into their product lines to provide low-calorie, high-protein food options. Increasing consumption of functional foods and nutritional supplements fuels the adaptogenic mushroom market's expansion. Customers are gradually gravitating toward functional foods & beverages marketed as having health benefits beyond basic nutrition. These goods promote proper nutrition and lower the chance of contracting an illness.
The emergence of a wide range of products to complement varied skin types and color preferences, the rise in spending power that enables UAE citizens to spend more on their appearance or aesthetics, and rising consumer desires for organic and vegan cosmetic products are all driving forces for the UAE cosmetics industry's expansion. In addition, the increase in female employment is a crucial growth element for the cosmetics sector in the UAE. With skincare creams, lipsticks, eye makeup, nail polishes, powders, lotions, and sprays, the UAE's cosmetics business provides various goods to satisfy various needs. Both customer preferences and the trends in cosmetics are always changing. These aspects are driving the market growth in the regional market.
The Brazil market dominated the LAMEA Adaptogenic Mushrooms Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $315.9 million by 2028. The Argentina market is experiencing a CAGR of 12.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 11.7% during (2022 - 2028).
Based on Application, the market is segmented into Stress & Anxiety Relief, Insomnia Treatment, Immunity Booster, Coginitive, Brain Support & Mental Health Support and Others. Based on Form, the market is segmented into Dried, Processed and Fresh/Whole. Based on Product, the market is segmented into Reishi, Lion's Mane, Turkey Tail, Cordyceps, Chaga and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Adaptogenic Mushrooms Market is Projected to reach USD 20.1 Billion by 2028, at a CAGR of 9.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fungi Perfecti LLC, Sun Potion, Om Mushroom Superfood, Four Sigmatic, Real Mushrooms, Terrasoul Superfoods, JHS Natural Products, Inc. (Mushroom Science), Nammex, Bristol Botanicals Limited, and Annanda Chaga Mushrooms.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Stress & Anxiety Relief
- Insomnia Treatment
- Immunity Booster
- Coginitive, Brain Support & Mental Health Support
- Others
By Form
- Dried
- Processed
- Fresh/Whole
By Product
- Reishi
- Lion's Mane
- Turkey Tail
- Cordyceps
- Chaga
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Fungi Perfecti LLC
- Sun Potion
- Om Mushroom Superfood
- Four Sigmatic
- Real Mushrooms
- Terrasoul Superfoods
- JHS Natural Products, Inc. (Mushroom Science)
- Nammex
- Bristol Botanicals Limited
- Annanda Chaga Mushrooms
TABLE 1 LAMEA Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 4 LAMEA Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 5 LAMEA Stress & Anxiety Relief Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Stress & Anxiety Relief Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Insomnia Treatment Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Insomnia Treatment Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Immunity Booster Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Immunity Booster Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Coginitive, Brain Support & Mental Health Support Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Coginitive, Brain Support & Mental Health Support Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 16 LAMEA Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 17 LAMEA Dried Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Dried Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Processed Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Processed Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Fresh/Whole Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Fresh/Whole Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 24 LAMEA Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 25 LAMEA Reishi Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Reishi Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Lion's Mane Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Lion's Mane Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Turkey Tail Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Turkey Tail Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Cordyceps Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Cordyceps Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Chaga Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Chaga Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Adaptogenic Mushrooms Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Adaptogenic Mushrooms Market by Country, 2022 - 2028, USD Million
TABLE 39 Brazil Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 40 Brazil Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 41 Brazil Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 42 Brazil Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 43 Brazil Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 44 Brazil Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 45 Brazil Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 46 Brazil Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 47 Argentina Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 48 Argentina Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 49 Argentina Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 50 Argentina Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 51 Argentina Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 52 Argentina Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 53 Argentina Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 54 Argentina Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 55 UAE Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 56 UAE Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 57 UAE Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 58 UAE Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 59 UAE Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 60 UAE Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 61 UAE Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 62 UAE Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 71 South Africa Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 72 South Africa Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 73 South Africa Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 74 South Africa Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 75 South Africa Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 76 South Africa Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 77 South Africa Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 78 South Africa Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 79 Nigeria Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 80 Nigeria Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 81 Nigeria Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 82 Nigeria Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 83 Nigeria Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 84 Nigeria Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 85 Nigeria Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 86 Nigeria Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Adaptogenic Mushrooms Market, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Adaptogenic Mushrooms Market, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Adaptogenic Mushrooms Market by Application, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Adaptogenic Mushrooms Market by Application, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Adaptogenic Mushrooms Market by Form, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Adaptogenic Mushrooms Market by Form, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Adaptogenic Mushrooms Market by Product, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Adaptogenic Mushrooms Market by Product, 2022 - 2028, USD Million
TABLE 95 Key Information – Fungi Perfecti LLC
TABLE 96 Key Information – Sun Potion
TABLE 97 Key Information – Om Mushroom Superfood
TABLE 98 Key Information – Four Sigmatic
TABLE 99 Key Information – Real Mushrooms
TABLE 100 Key Information – Terrasoul Superfoods
TABLE 101 Key Information – JHS Natural Products, Inc.
TABLE 102 Key Information – Nammex
TABLE 103 Key Information – Bristol Botanicals Limited
TABLE 104 Key Information – Annanda Chaga Mushrooms
List of Figures
FIG 1 Methodology for the research