The medicinal mushroom market attained a value of USD 10.09 Billion in 2025. The market is expected to grow at a CAGR of 7.10% during the forecast period of 2026-2035. By 2035, the market is expected to reach USD 20.03 Billion.
The adoption of pulsed-UV light technology is a key innovation driving the global medicinal mushroom market. This advanced process enhances the nutritional value of mushrooms by converting naturally occurring ergosterol into vitamin D₂, creating a potent, vegan-friendly source of the nutrient. This technological intervention not only improves the bioactive potency of medicinal mushrooms but also expands their functional applications in nutraceuticals and fortified foods. For instance, in 2025, Nammex introduced a mushroom-derived vitamin D ingredient developed through pulsed-UV light exposure, offering a sustainable alternative to animal-based vitamin D sources. Such innovations are propelling product differentiation, improving yield efficiency, and aligning with growing consumer demand for clean-label, plant-based, and scientifically validated functional ingredients in the global health and wellness sector.
The medicinal mushroom industry value is growing with ongoing clinical and preclinical research for improving immunity, cognition, mood, and metabolic health. In March 2025, MDPI’s Journal of Fungi released a special issue, "Current and Future Research Trends on Medicinal Mushrooms, 2nd Edition", featuring cutting edge studies, clinical data, and emerging compound discoveries. This scientific momentum boosts consumer trust and attracts investment and regulatory recognition, fostering growth.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7.1%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Medicinal Mushroom Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 10.09 |
| Market Size 2035 | USD Billion | 20.03 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 7.10% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 11.0% |
| CAGR 2026-2035 - Market by Country | India | 11.6% |
| CAGR 2026-2035 - Market by Country | Canada | 10.3% |
| CAGR 2026-2035 - Market by Type | Lion’s Mane | 10.0% |
| CAGR 2026-2035 - Market by Form | Powder | 9.7% |
The medicinal mushroom market is poised for expansion as more consumers adopt vegan, vegetarian, or flexitarian diets. Rich in protein, vitamins, and bioactive compounds, medicinal mushrooms align with plant-based trends, offering immune support, energy, and stress relief without animal-derived ingredients. Brands are formulating vegan-friendly capsules, powders, and gummies to cater to this growing demographic. In February 2025, CBD Life Sciences introduced premium mushroom capsule supplements for cognitive enhancement, immune support, energy, and longevity benefits.
Functional mushrooms are being widely integrated into everyday food and drink products. Brands are launching innovative formats combining mushrooms with familiar flavours, boosting convenience and appeal. In April 2025, MANE DRINK launched a Lion’s Mane-infused nitro cold brew in, offering smooth, nootropic coffee designed for focus, clarity, and clean energy. The growing market for functional foods is particularly strong among millennials and Gen Z, who value multitasking health products.
Advancements in extraction techniques, such as ultrasound-assisted, dual-extraction, and supercritical CO₂ extraction, for improving the potency and bioavailability is driving the medicinal mushroom market revenue. These technologies allow manufacturers to create highly concentrated and targeted formulations, appealing to both consumers and formulators. As technological capabilities improve, companies can offer more sophisticated, science-backed solutions that cater to specific health needs and enhance consumer trust.
Digital retail revolutionized how consumers access medicinal mushroom products. E-commerce platforms offer a vast selection of global and niche brands, reviews, and detailed product information that empower informed purchasing. In August 2024, MegaFood introduced its first clinically validated mushroom supplement available on its website and Amazon. This shift has lowered entry barriers for startups while increasing competitive pressure to differentiate. Social media, wellness blogs, and educational content also play a major role in shaping buyer behaviours.
Consumers increasingly seek products with minimal environmental impact, driving the medicinal mushroom demand through regenerative, organic, or low-waste methods. Mushroom cultivation requires less land and water compared to animal or even many plant-based sources, making it an eco-friendly superfood. In March 2025, M2 Ingredients partnered with the Regenerative Organic Alliance to introduce a line of Regenerative Organic Certified® mushrooms, setting a new benchmark in integrating soil health restoration. Brands also highlight transparency in sourcing, traceability, and eco-packaging.
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The EMR’s report titled “Medicinal Mushroom Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Key Insight: Reishi is one of the most researched medicinal fungi for its adaptogenic, anti-stress, liver-protective, and immune-modulating properties. Products like DIRTEA’s Calm Stacks, Host Defense Reishi Capsules, and Reishi Sleep Tonics by brands like Apothekary blend reishi with herbs to promote deep relaxation and hormonal balance. Its popularity in Western and Asian markets is due to its historical use in Traditional Chinese Medicine (TCM). Reishi is also commonly included in evening teas, capsules, or tinctures designed to improve sleep and reduce fatigue without sedation.
Market Breakup by Form
Key Insight: The powder segment dominates the medicinal mushroom market due to its versatility. Brands offer fruiting-body-only, organic powders in glass jars or compostable pouches. In March 2025, Nourishing Nutrients launched a premium organic mushroom powder blend with 100% fruiting body extracts from ten species, offering high potency with USDA Organic certification for clean supplements. Functional powder stacks have also become a key revenue driver for companies selling direct-to-consumer.
Market Breakup by End Use
Key Insight: Medicinal mushrooms are recording preference in antioxidants by helping combat oxidative stress and aging. Chaga, especially, is prized for its superoxide dismutase content, protecting cells from free radicals. Brands, such as DIRTEA and Chaga Mountain Inc. market antioxidant-rich mushroom powders and teas targeting wellness consumers focused on anti-aging and cellular health. This segment drives demand for functional beverages and dietary supplements, appealing to consumers looking to enhance vitality and reduce chronic disease risks through natural antioxidants.
Market Breakup by Region
Key Insight: North America leads the medicinal mushroom market with high consumer awareness and a strong wellness culture. The United States and Canada see rapid adoption of mushroom powders, capsules, and functional beverages. In May 2025, Red Light Holland’s subsidiary, Happy Caps, launched Health Canada-approved sugar-free gummies containing Shiitake and Lion’s Mane mushrooms, targeting cognitive and immune support. The region’s e-commerce penetration accelerates direct-to-consumer sales. Regulatory clarity around supplements also supports innovation and product launches.
Lion’s Mane & Chaga to Record Higher Demand
Lion’s Mane is experiencing surging demand in the medicinal mushroom industry for its nootropic benefits in supporting memory, focus, and long-term cognitive health. Products like Four Sigmatic’s Think Coffee, Ryze Mushroom Coffee, and MANE DRINK’s cold brew use Lion’s Mane in convenient, coffee-based formats to appeal to students, professionals, and biohackers. Research also suggests Lion’s Mane may help in managing mild cognitive impairment. E-commerce brands market it heavily as a natural alternative to synthetic nootropics, making it one of the fastest-growing mushroom types globally.
Chaga is revered for its extremely high antioxidant content, notably superoxide dismutase and melanin. Chaga is commonly found in instant coffee mixes and standalone tea infusions. Its earthy, slightly bitter taste makes it an excellent caffeine substitute. In May 2025, Seppic introduced CHAGADVANCE™, a standardized organic Chaga mushroom extract sourced from Finnish Lapland to support immune health and overall wellness. Chaga is also wild harvested, particularly in Siberia and Canada, driving innovation in cultivated chaga mycelium alternatives.
Whole & Slice Medicinal Mushrooms to Gain Popularity
Whole mushrooms are mainly used in culinary applications or DIY tincture-making, adding to the medicinal mushroom market revenue. Shiitake, Maitake, and Reishi are commonly sold in this form at specialty health stores, farmers markets, and e-commerce marketplaces. Though less convenient than capsules or powders, whole mushrooms appeal to traditionalists and gourmet chefs valuing unprocessed formats. Some consumers soak them in alcohol and water at home for personalized extracts.
The sliced format is recording strong momentum as it retains most of the original mushroom structure and is often used in Traditional Chinese Medicine preparations. It is gaining modest traction among wellness users seeking ritualistic consumption methods and traceability. In March 2024, StePacPPC developed customized modified atmosphere packaging (MAP) films to sliced white mushrooms, adding to the segment growth.
Thriving Medicinal Mushroom Benefits as Immune Enhancer & Anti-Cancer
The immune-enhancing segment of the medicinal mushroom market is expanding due to compounds like beta-glucans. Products such as Host Defense Turkey Tail capsules and DXN’s Ganoderma supplements strengthen immune response, especially relevant during flu seasons and the COVID-19 pandemic. This category includes capsules, powders, and tinctures, often marketed for daily immune support. Clinical studies have validated these mushrooms’ ability to modulate immunity, boosting this segment’s global growth.
Turkey Tail mushrooms are extensively researched for their anti-cancer properties, with polysaccharide-K (PSK) used as an adjunct in cancer therapies in Japan and China. Companies like Kawaratake Bio and Host Defense supply clinically validated Turkey Tail extracts. Additionally, Reishi’s triterpenoids are studied for tumour suppression. This niche segment is growing, driven by increasing consumer awareness and integrative oncology practices promoting natural supplements alongside conventional treatments.
Growing Medicinal Mushroom Presence in Europe & Asia Pacific
Europe shows steady medicinal mushroom industry growth with Germany, the UK, and France embracing functional foods and supplements. The European Union’s focus on organic certification and sustainability aligns well with medicinal mushroom producers. Traditional herbal medicine influence in Eastern Europe supports adoption. Demand centres on immune health and anti-aging, with mushroom extracts increasingly incorporated into cosmetics and nutraceuticals. Market expansion is supported by rising consumer preference for vegan, gluten-free, and clean-label products.
Asia Pacific, especially China, Japan, and South Korea, is a major market due to traditional use of mushrooms in medicine and cuisine. China dominates cultivation and exports. As per OEC, China exported USD 601 million of processed mushrooms in 2024. Rapid urbanization, growing middle-class and increasing health consciousness fuel demand for supplements and functional foods. The region is a hub for research and innovation in cultivation and extraction techniques.
| CAGR 2026-2035 - Market by | Country |
| India | 11.6% |
| Canada | 10.3% |
| China | 9.7% |
| USA | 8.9% |
| Australia | 7.5% |
| Japan | 6.6% |
| UK | XX% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Key players in the medicinal mushroom market are deploying strategies that revolve around innovation, product diversification, and strategic partnerships. Companies are increasingly investing in research & development to launch novel formulations, such as mushroom-infused supplements, teas, coffee blends, and functional foods. Branding and consumer education are critical as firms highlight health benefits to appeal to health-conscious consumers. Many players focus on organic certification and sustainable sourcing to align with growing environmental concerns.
E-commerce and direct-to-consumer channels are leveraged to expand global reach, while collaborations with nutraceutical firms and wellness influencers enhance brand visibility. Regional expansion, especially into North America, Europe, and Asia-Pacific, is pursued through mergers, acquisitions, and distribution agreements. Quality control and standardization remain crucial to ensure product efficacy and comply with regulatory frameworks. Some companies also emphasize traceability through blockchain or lab testing. Overall, players aim to build consumer trust while adapting to trends in personalized health and plant-based nutrition.
Founded in 2011 and based in the United States, Chaga Mountain Inc. specializes in sustainably harvesting wild chaga mushrooms. The firm has pioneered wild-foraged chaga extraction with a focus on maintaining potency and purity. Its innovations include eco-friendly harvesting methods and producing high-quality, antioxidant-rich supplements for global markets.
Established in 1985 in Japan’s Hokkaido region, Hokkaido Reishi Co. Ltd. is renowned for cultivating premium reishi mushrooms using traditional and modern farming techniques. The firm’s achievements include patented cultivation methods ensuring high triterpenoid content, supporting both medicinal use and export growth, especially across Asia and Europe.
Since 1997, Far West Fungi, headquartered in California, the United States, has been a leader in wild mushroom cultivation and spawn production. Far West Fungi innovates large-scale sustainable cultivation techniques to supply medicinal mushroom species to farmers and researchers worldwide, emphasizing organic practices and genetic diversity preservation.
Founded in 1993 in Malaysia, DXN Marketing has become a global mushroom product distributor specializing in Ganoderma-based supplements. DXN revolutionized the industry by integrating mycelium and fruiting bodies into dual-extract formulations, expanding their reach across 180 countries, and pioneering direct selling in the functional mushroom sector.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players in the medicinal mushroom market are Swadeshi Mushroom Spawn, among others.
Download your free sample report today to explore the latest medicinal mushroom market trends 2026. Gain valuable insights into emerging product innovations, regional growth opportunities, and competitive strategies. Stay ahead in this rapidly expanding sector with Expert Market Research’s trusted, data-driven analysis. Don’t miss out—access your comprehensive market overview now!
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 7.10% between 2026 and 2035.
The key strategies driving the market include product innovation, sustainable cultivation, strategic partnerships, targeted marketing, expanding e-commerce channels, advanced extraction techniques, and focusing on health-conscious consumer trends globally.
The key trends propelling the market growth include the growing prevalence of various lifestyle-associated disorders, the rising demand for functional foods, and the rising adoption of veganism.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of medicinal mushroom in the market are reishi, lion’s mane, chaga, turkey tail, shiitake, and cordyceps, among others.
The significant forms of medicinal mushroom in the market are powder, whole, and slice, among others.
The major end uses of medicinal mushrooms are antioxidant, immune enhancer, anti-cancer, and skin care, among others.
The key players in the market report include Chaga Mountain Inc., Hokkaido Reishi Co. Ltd., Far West Fungi, DXN Marketing, and Swadeshi Mushroom Spawn, among others.
In 2025, the market reached an approximate value of USD 10.09 Billion.
The powder segment dominates the market due to its versatility for companies selling direct-to-consumer.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Form |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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