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The global reishi mushroom extract market is aided by the growth of medicinal mushroom market, which is expected to grow at a CAGR of 8.8% during the forecast period of 2023-2028.
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Asia Pacific is the major region for reishi mushroom extract. The regional market is being driven by the increase in consumer demand, especially in countries like China and Japan. Markets like North America have seen a huge increase in the demand for reishi mushroom extract as many people are shifting to healthier substitutes for their daily meals. High nutritional value and medicinal properties of reishi mushroom extract have aided market growth in the regions. The increased applications of reishi mushroom extract in various industries, owing to its excellent properties is driving the market forward. Furthermore, rising adoption of plant-based ingredients in personal care and cosmetics industry is expected to drive the reishi mushroom extract market.
The substance on which a mushroom grows is called a reishi mushroom. It acts as a medium of growth and proliferation for mycelium. The extract of reishi mushroom has traditionally been used in China, Korea, and Japan, for health benefits it offers, like longevity, enhanced immunity, promote liver and heart health, and relieve stress.
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By nature, the market is bifurcated into:
By form, the global market can be bifurcated into:
Based on end use, the industry is being segmented into:
The regional markets for the product include North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.
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The rising applications of reishi mushroom extract in various end-use industries like food and beverage, cosmetics, and pharmaceuticals have driven the market forward. Associated health functions including antioxidants, anticancer agents, and immune modulators have helped the product find a place in the global market. Reishi mushroom extract is being rapidly used to cure liver diseases, relieve stress, and enhance immunity, which in turn has led to an increased demand by health-conscious customers. Apart from this, continuous research and development activities in the medicinal mushroom sector are expected to propel the market growth.
The report gives a detailed analysis of the following key players in the global reishi mushroom extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Form, End Use, Region |
Breakup by Nature | Conventional, Organic, Others |
Breakup by Form | Liquid, Powder, Others |
Breakup by End Use | Food and Beverages, Pharmaceutical and Dietary Supplements, Cosmetics and Personal Care, Others |
Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Bio Botanica, Inc., Nammex (North American Medicinal Mushroom Extracts), Xi’an Yuensun Biological Technology Co., Ltd., Others |
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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Reishi Mushroom Extract Market Analysis
8.1 Key Industry Highlights
8.2 Global Reishi Mushroom Extract Historical Market (2018-2022)
8.3 Global Reishi Mushroom Extract Market Forecast (2023-2028)
8.4 Global Reishi Mushroom Extract Market by Nature
8.4.1 Conventional
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Organic
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Reishi Mushroom Extract Market by Form
8.5.1 Liquid
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Powder
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Reishi Mushroom Extract Market by End Use
8.6.1 Food and Beverages
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Pharmaceutical and Dietary Supplements
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Cosmetics and Personal Care
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Reishi Mushroom Extract Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Reishi Mushroom Extract Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Reishi Mushroom Extract Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Reishi Mushroom Extract Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Reishi Mushroom Extract Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Reishi Mushroom Extract Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Bio Botanica, Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Nammex (North American Medicinal Mushroom Extracts)
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Xi’an Yuensun Biological Technology Co., Ltd.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Reishi Mushroom Extract Market: Key Industry Highlights, 2018 and 2028
2. Global Reishi Mushroom Extract Historical Market: Breakup by Nature (USD Billion), 2018-2022
3. Global Reishi Mushroom Extract Market Forecast: Breakup by Nature (USD Billion), 2023-2028
4. Global Reishi Mushroom Extract Historical Market: Breakup by Form (USD Billion), 2018-2022
5. Global Reishi Mushroom Extract Market Forecast: Breakup by Form (USD Billion), 2023-2028
6. Global Reishi Mushroom Extract Historical Market: Breakup by End Use (USD Billion), 2018-2022
7. Global Reishi Mushroom Extract Market Forecast: Breakup by End Use (USD Billion), 2023-2028
8. Global Reishi Mushroom Extract Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Reishi Mushroom Extract Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Reishi Mushroom Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Reishi Mushroom Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Reishi Mushroom Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Reishi Mushroom Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Reishi Mushroom Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Reishi Mushroom Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Reishi Mushroom Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Reishi Mushroom Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Reishi Mushroom Extract Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Reishi Mushroom Extract Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Reishi Mushroom Extract Market Structure
The market is aided by medicinal mushroom market, which is projected to grow at a CAGR of 8.8% between 2023 and 2028.
The major drivers of the industry, such as growing health awareness, and widespread applications of reishi mushroom, are expected to aid the market growth.
The key market trend guiding the growth of the reishi mushroom extract market is increasing usage in the skincare industry.
The major regions in the industry are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The segments based on nature are organic and conventional, among others.
The leading product forms in the industry are liquid and powder, among others.
The major end users of the product are food and beverage, pharmaceutical and dietary supplements, and cosmetics and personal care, among others.
The major players in the industry are Bio Botanica, Inc., Nammex (North American Medicinal Mushroom Extracts), and Xi’an Yuensun Biological Technology Co., Ltd., among others.
The global reishi mushroom extract market is aided by medicinal mushroom market, which is projected to grow at a CAGR of 8.8% between 2023 and 2028. The market growth is aided by huge consumer demand.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By the nature of product, the market is divided into organic and conventional, among others. The leading product forms in the market are liquid and powder, among others. Based on end-use, the market is divided into food and beverage, pharmaceutical and dietary supplements, and cosmetics and personal care, among others. The major regional markets for the product include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bio Botanica, Inc., Nammex (North American Medicinal Mushroom Extracts), and Xi’an Yuensun Biological Technology Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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