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Adaptogenic Mushrooms Market Size

  • Report ID: GMI6077
  • Published Date: Jun 2023
  • Report Format: PDF

Adaptogenic Mushrooms Market Size

Adaptogenic Mushrooms Market size was valued at USD 10.9 billion in 2022 and is estimated to witness 10% CAGR from 2023 to 2032. People are pursuing organic and systemic methods to improve their general wellness. The increasing focus on physical and mental well-being has led to the popularity of adaptogenic mushrooms owing to their positive health impacts. Their usage as natural & alternative remedies for various health conditions, and the trends of natural therapies in the food & beverage and dietary supplement sectors will drive the adaptogenic mushroom demand.

 

The increased demand for products that offer supplemental health benefits than just basic nourishment is driving the functional food & beverage market. Functional food & beverage products, such as teas, coffees, smoothies, and snacks, are also fortified with adaptogenic mushrooms, which will lead to a surge in adaptogenic mushroom market growth.
 

The specific regulations pertaining to adaptogenic mushrooms and their labeling are still emerging and uncertain in countries including the U.S. This ambiguity related to regulatory framework can cause business challenges in the positioning of the product and advertising & marketing activities. There are numerous obstacles involved in obtaining high-quality adaptogenic mushrooms.
 

Large-scale cultivation becomes tough as some species have specific growth requirements. Wild harvesting can be sporadic and can cause instabilities in supply, thus leading to poor sustainability for businesses. For the long-term market equilibrium, it is essential to adopt sustainable sourcing practices and maintain a transparent supply chain. Price sensitivity and profit margin variations could limit the market penetration and adoption as superior adaptogenic mushroom products will remain cost intensive compared to traditional food & dietary supplements.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of adaptogenic mushrooms was worth USD 10.9 billion in 2022 and is poised to reach USD 31.3 billion by 2032, led by the positive health impacts of adaptogenic mushrooms and the increasing consumer focus on physical and mental well-being.

Demand for reishi adaptogenic mushrooms is expected to witness significant expansion through 2032, owing to the rising need to support overall well-being, the immune system, and longevity & vitality.

U.S. industry revenue was worth USD 2.4 billion in 2022 and is estimated to expand at a rapid pace from 2023 – 2032, attributed to the growing consumer inclination toward holistic healthcare.

Key adaptogenic mushroom industry players include Four Sigmatic, Om Mushrooms, Sun Potion, Real Mushrooms, and Mushroom Revival.

Adaptogenic Mushrooms Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 5
  • Tables & Figures: 419
  • Countries covered: 31
  • Pages: 210
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