Market Research Future (Food and Beverages) Medicinal Mushroom Market Research Report | Page 4

Medicinal Mushroom Market Research Report- Forecast to 2023
3 Sample Pages
Key Findings:
Global medicinal mushroom market is projected to reach 7,246,936 tons at a growth rate of 12.60%
Dried medicinal mushroom is witnessed to have the highest growth rate with CAGR of 14.04% over the forecast
period 2017-2023
Shiitake mushroom is expected to grow at a CAGR of 13.81% in Asia Pacific followed by North America over the
forecast period.
Medicinal mushroom is projected to witness highest growth rate as an immune enhancer in Asia Pacific followed by
North America over the estimated period.
Regional Analysis:
On the basis of the category, the fresh medicinal mushroom will dominate the market and is projected to hold a major
share of approx. 48.62% in the global market. Fresh medicinal mushroom is widely used in the preparation of different
cuisines for its rich and robust flavoring attribute which is driving the market of fresh medicinal mushroom. Asia
Pacific is dominating the market in use of fresh medicinal mushroom followed by Europe. However, North America
is the second largest growing country in the fresh medicinal mushroom market at a CAGR of 11.11% over the
forecast period.
Based on the function, the antioxidant segment is dominating the market holding a leading share of 35.67%. As an
antioxidant, it is gaining popularity in various industries such as pharmaceuticals and cosmetics. However, in food
industry, it is gaining acceptance as an immune enhancer and growing in this segment at a CAGR of 12.86% over
the forecast period
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