Top 3 Companies Dominating the Global Reishi Mushroom Extract Market

The global reishi mushroom extract market is expected to grow at a CAGR of about 8.8% in the forecast period of 2024-2032. As per the analysis by Expert Market Research, the market is expected to be driven by the demand for reishi mushrooms in the food and beverage sector.

The growing applications of reishi mushroom extract in the food and beverages, cosmetics, and pharmaceutical sectors are driving the market growth. There is a rising awareness regarding the nutritional benefits of reishi mushrooms, including as anticancer agents, antioxidants, and immune modulators, which is boosting the appeal of their extract. 

Reishi mushroom extracts are beneficial in enhancing immunity, relieving stress, and preventing liver diseases, which is boosting their demand among health-conscious individuals. Moreover, the surging research and development (R&D) activities examining the medicinal properties of the mushroom extract are propelling the market growth. 

The increasing addition of reishi mushroom extracts in capsules, energy bars, hot cocoa, tea, tinctures, and beauty products, among others, is propelling the market growth. As reishi mushroom extracts contain amino acid ergothioneine, they have been linked to reduce the risk of various chronic diseases and depression, among others.

With the surging popularity of eastern medicines, the demand for reishi mushroom extracts to strengthen the immune system and reduce the risk of cancer is increasing. The potential benefits of reishi mushrooms to improve heart health, control blood sugar levels, and prevent damage to cells are anticipated to support the market.

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Top 3 Reishi Mushroom Extract Companies Across the Globe:

Bio Botanica, Inc.

Bio Botanica Inc is a manufacturer of more than 500 types of quality botanical extracts for use in the food and beverage, cosmetics and personal care, nutraceuticals and supplements, and flavour and fragrance sectors. The company recycles its metal, plastic, and cardboard waste, utilises energy-efficient motion sensors and light bulbs, and uses raw materials sourced with minimal environmental impact to drive sustainability.

Nammex (North America Medicinal Mushroom Extracts)

Nammex is a company that is engaged in the development and manufacturing of mushroom extracts for the wellness and health sectors. The company is also a premium supplier of organically certified mushroom extracts. Its products contain are free from insects and moulds, traceable, and contain lower amounts of heavy metals. Through its extensive research and development activities, it offers mushrooms containing important active components to consumers.

Xi’an Yuensun Biological Technology Co., Ltd.

Xi’an Yuensun Biological Technology is a prominent plant extract and herbal formula Chinese supplier. Its product range includes superfoods, vegetable powder, plant extracts, as well as mushroom extracts, among others. The company aims to offer innovative and sustainable products to the nutraceuticals and pharmaceuticals sectors. With consumers in more than 40 countries, the company has sales offices in New Jersey in the United States and Guangzhou in China.