Market Research Future (Food and Beverages) Medicinal Mushroom Market Research Report | Page 3

Medicinal Mushroom Market Research Report- Forecast to 2023
2 Market Overview
Various immunological and anti-cancer properties of medicinal mushroom have attracted the interest of many
pharmaceutical companies, which are viewing medicinal mushroom as a rich source of innovative biomedical
molecules. Moreover, increasing popularity of medicinal mushroom in cosmetics is adding fuel to the growth of the
medicinal mushroom market. High consumption of medicinal mushroom in Asia Pacific, mainly in China is influencing
the market growth since last few years.
Asia Pacific will dominate the medicinal mushroom market and is estimated to reach the market share of 2,889,743
tons in the year 2017. Also, production of medicinal mushroom from Asia Pacific is projected to witness a high growth
rate of 13.48% during the given period owing to the increasing awareness and rise in the application of medicinal
mushroom in various industries.
On the basis of type, shiitake mushroom is dominating the market and is anticipated to hold a lion’s share of 59.26%.
Increasing awareness of high nutritional and medical benefits of shiitake mushroom including improved
cardiovascular health, bone-building, improved digestion, healing chromosome damage caused by anti-cancer
treatments and others is boosting the application of shiitake mushroom in various industries. However, the reishi
segment is projected to be the fastest growing segment at a CAGR of 13.13% over the forecast period.
Intended Audience:
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Medicinal mushroom manufacturers
Food industry
Pharmaceutical Industry
Personal care products manufacturers
Retailers, wholesalers, and distributors
Traders, importers, and exporters
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