Functional Mushrooms: 9 Fascinating Statistics About Fantastic Fungi - Fast Friends Fungi

Functional Mushrooms: 9 Fascinating Statistics About Fantastic Fungi

Functional mushrooms, such as turkey tail, chaga, lion’s mane, and more, have gained popularity in recent years for their potential health benefits and culinary uses. These fantastic fungi are known for their rich nutritional content and bioactive compounds. 

In this article, we’ll share ten fascinating statistics about functional mushrooms, shedding light on their market growth, consumer trends, and more. 

1. Global Functional Mushroom Market Size: 

The global functional mushroom market was valued at USD 26.7 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 10.8% between 2023 and 2030 [1].

2. Growing Market Value of Mushrooms: 

In 2023, the functional mushroom market is expected to be valued at approximately US$ 9,698 million, with a projected CAGR of 9% during the forecast period [2].

3. Market Revenue Forecast for Mushrooms: 

The functional mushroom market is projected to reach a value of USD 14.49 billion by 2030, growing at a CAGR of 5.70% from 2021 to 2030 [3].

4. Rising Consumer Demand for Functional Mushrooms: 

The demand for functional mushrooms is increasing steadily, with a projected CAGR of 10.8% during the forecast period from 2023 to 2030 [4].

5. Awareness of Health Benefits of Mushrooms: 

A growing number of consumers are becoming aware of the health benefits offered by functional mushrooms, contributing to the market's growth and demand [5].

6. Commercial Potential for Fungi: 

The global functional mushroom market was valued at $15.3 billion in 2022 and is expected to reach $23.3 billion by the end of 2030 [6].

7. Mushrooms as Nutritional Powerhouses: 

Functional mushrooms are rich in bioactive compounds, essential amino acids, vitamins, and minerals that contribute to their nutritional value and potential health benefits [7].

8. Market Expansion Potential: 

The functional mushroom market is expected to exceed USD 23.3 billion by 2030, demonstrating a substantial compounded annual growth rate of 10.1% [8].

9. Functional Mushroom Market Growth Potential: 

Only about 3% of the U.S. mushroom market is currently comprised of functional mushrooms, indicating significant room for growth and market expansion[9].


It’s exciting to see a rising interest in functional and medicinal mushrooms. Only time will tell how this changing consumer perspective and demand creates new opportunities for products and services. 


Until then…Mush Love.



Source References:

[1] Grand View Research: Functional Mushroom Market Size & Trends Report, 2030

[2] Future Market Insights: Functional Mushroom Market Value & Forecast to 2033

[3] Verified Market Research: Functional Mushroom Market Size And Forecast

[4] Globe Newswire: Functional Mushroom Market Is Expected To Grow at a CAGR Of 10.8% during Forecast Period 2023 To 2030

[5] Fortune Business Insights: Functional Mushrooms Market Size, Share, & Forecast 2030

[6] LinkedIn: Global Functional Mushroom Market Intelligence Analysis

[7] NCBI: Medicinal Mushrooms: Bioactive Compounds, Use, and Metabolic Regulation

[8] Globe Newswire: Functional Mushroom Market Size to Exceed USD 23.3 Billion by 2030 with 10.1% CAGR

[9] Grand View Research: Functional Mushroom Market Size, Share & Trends Analysis Report

 

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