Adaptogenic Mushrooms Market to Grow with a CAGR of 10.38% through 2028
Increasing interest in natural health and wellness, and the need for
stress management solutions are expected to drive the Global Adaptogenic
Mushrooms Market growth in the forecast period, 2024-2028.
According to TechSci Research report, “Adaptogenic
Mushrooms Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Adaptogenic Mushrooms
Market stood at USD 11.41 billion in 2022 and is anticipated to grow with a
CAGR of 10.38% in the forecast period, 2024-2028. This can be attributed to integration
into nutraceuticals and functional foods. Adaptogenic mushrooms have found
their way into the nutraceutical and functional food industry. Companies are
incorporating these mushrooms into dietary supplements, energy drinks, snacks,
and other health-focused products. This integration has expanded the reach of
adaptogenic mushrooms and introduced them to a broader consumer base.
Furthermore, the adaptogenic mushrooms market is
embracing novel delivery formats to enhance consumer convenience. Expect to
find products like mushroom-infused drinks, elixirs, and gummies designed for
on-the-go consumption. These formats not only offer unique experiences but also
cater to busy, modern lifestyles.
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In recent years, adaptogenic mushrooms have garnered
increased attention due to their potential health benefits and their capacity
to help the body cope with stress. With growing awareness of the potential
adverse effects associated with pharmaceutical drugs, individuals are turning
to natural remedies to address their health concerns. Adaptogenic mushrooms
offer a natural and safe means to bolster the immune system and alleviate
stress.
Consumers are displaying a growing interest in foods
that provide health benefits that go beyond basic nutrition. Recognized as
functional foods, adaptogenic mushrooms offer a range of health advantages and
can be easily incorporated into smoothies, teas, and other dietary choices. As
the demand for functional foods continues to rise, so too is the demand for
adaptogenic mushrooms likely to increase.
Furthermore, the market is benefiting from the
emergence of companies introducing innovative products that incorporate
adaptogenic mushrooms. For example, in March 2023, the U.S.-based privately
owned coffee shop, vida e caffè, partnered with GOODMIND, a functional mushroom
provider, to introduce functional mushroom cappuccinos and functional mushroom
sachets. These sachets contain various mushrooms like chaga, shiitake,
cordyceps, and Lion's mane, catering to the growing consumer interest in such
offerings.
The Global Adaptogenic Mushrooms Market is segmented
into product, application, form, regional distribution, and company.
Based on its product, the Reishi segment outperformed
other product segments, contributing the highest share of revenue. The surge in
demand for Reishi, known for its adaptogenic properties, is being fueled by its
potential health advantages and its historical use in herbal medicine. Reishi
mushrooms have a longstanding tradition in Chinese medicine for promoting
longevity and enhancing immune system function. Furthermore, the wellness
industry is witnessing a growing interest in adaptogenic mushrooms like Reishi,
as they provide a natural means of aiding the body's response to stress and
supporting overall well-being. With consumers increasingly exploring natural
remedies and alternative healthcare, the demand for Reishi is expected to keep
growing. For example, VidaCap, a U.S.-based company specializing in
mushroom-based supplements, recently introduced melatonin sleep capsules made
from Reishi powder and passion flower. Additionally, the Cordyceps segment is
projected to experience significant growth over the forecast period. This can
be attributed to the public's rising concern about the potential side effects
of pharmaceutical drugs, a desire for more holistic healthcare approaches, and
the widespread availability of information on the benefits of natural remedies
via the internet and social media. As consumers become more health-conscious,
they are increasingly inclined to seek out natural products like Cordyceps due
to their health-promoting properties.
Based on form, the dried form emerged as the
frontrunner in the form category, claiming the largest market share in 2022.
Dried mushrooms are preferred by food and beverage manufacturers for several
reasons, including their extended shelf life, intensified flavor, and heightened
nutrient concentration. The drying process enhances the nutrient density of
mushrooms by eliminating water weight and concentrating essential elements such
as vitamins, minerals, and antioxidants. Many medicinal mushrooms, when consumed
in dried form, exhibit stronger adaptogenic properties, potentially because the
drying process can break down the resilient cell walls of these mushrooms,
rendering their beneficial compounds more accessible to the body.
Conversely, the fresh/whole segment is expected to
experience the most rapid CAGR during the forecast period. This surge in demand
for fresh mushrooms can be attributed to increasing consumer awareness of
sustainably sourced ingredients and a heightened desire for nutritious foods.
Fresh mushrooms are known for their delicate and nuanced flavor compared to the
more concentrated and earthy taste of dried mushrooms.
Major companies operating in Global Adaptogenic
Mushrooms Market are:
- Four Sigmatic
- Om Mushroom Superfood
- Real Mushrooms
- Sun Potion Transformational Foods
- Mushroom Science
- Fungi Perfecti LLC
- Terrasoul Superfoods
- NAMMEX
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“The global adaptogenic mushrooms market is in a state
of continuous innovation and growth. As consumers increasingly seek natural and
holistic health solutions, businesses in this sector are responding with a
diverse range of products and offerings. Personalization, sustainability,
scientific validation, and innovative applications are key trends to watch as
the market evolves. By staying informed about these trends, both businesses and
consumers can make informed choices and be better positioned to navigate the
exciting future of the adaptogenic mushrooms market,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Adaptogenic Mushrooms Market Product
(Reishi, Chaga, Turkey Tail, Lion's Mane, Cordyceps, Others), By Application
(Immunity Booster, Stress & Anxiety Relief, Cognitive, Brain & Mental
Health, Insomnia Treatment, Others), By Form (Fresh/Whole, Dried, Processed), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of Global Adaptogenic Mushrooms Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Adaptogenic Mushrooms Market.
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