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Reishi Mushroom Market Size, Growth Trends & Forecast 2032

  • Writer: Pallavi Garudkar
    Pallavi Garudkar
  • 2 hours ago
  • 3 min read
Reishi Mushroom Market
Reishi Mushroom Market

The global reishi mushroom market size was valued at USD 5.58 billion in 2024. The market is projected to grow from USD 6.04 billion in 2025 to USD 10.99 billion by 2032, exhibiting a growth at CAGR of 8.92% during the forecast period. The reishi mushroom (Ganoderma lucidum) is a medicinal fungus widely used in traditional Asian medicine due to its rich bioactive compounds such as polysaccharides and triterpenes. It is valued for its immune-boosting, anti-inflammatory, antiviral, and adaptogenic properties. Modern demand is increasing as reishi is incorporated into dietary supplements, functional foods, cosmetics, and pharmaceuticals.

Market Segmentation:

By Nature

  • Conventional – Dominates due to high production yield and lower cost.

  • Organic – Fast-growing segment driven by clean-label, chemical-free product demand.

By Form

  • Powder – Largest segment owing to ease of use in supplements and foods.

  • Liquid Extracts – Growing rapidly due to convenience, higher absorption, and rising popularity of tinctures.

By Application

  • Pharmaceuticals – Leading segment due to therapeutic benefits.

  • Dietary Supplements – High demand from consumers seeking immunity and wellness enhancement.

  • Food & Beverages – Increasing integration in teas, coffees, functional drinks.

  • Personal Care & Cosmetics – Fastest-growing application due to anti-aging and antioxidant properties.

Market Drivers:

  • Rising chronic diseases such as hypertension, diabetes, and cancer is driving adoption of natural medicinal products.

  • Growing demand for functional foods and dietary supplements, especially among health-conscious consumers.

  • Clean-label and plant-based trend, boosting natural ingredients like reishi.

  • Technological advancements in extraction and cultivation increasing product quality and potency.

  • Rapid expansion of e-commerce, improving global accessibility of reishi-based products.

Key Market Trends:

  • Rising use of reishi as a superfood/adaptogen in wellness beverages and nutritional supplements.

  • Strong growth in clean beauty, with reishi used in anti-aging skincare and cosmetics.

  • Demand for sustainably sourced and wild-harvested reishi.

  • Advanced extraction methods such as ultrasonic and supercritical CO₂ gaining popularity.

  • Personalized nutrition creating new opportunities for reishi-infused formulations.

Regional Insights:

  • Asia Pacific: Largest market due to traditional medicinal use and large-scale cultivation. Countries like China, Japan, and South Korea dominate production and consumption.

  • North America: Rapidly growing market driven by wellness trends, supplement use, and functional beverages.

  • Europe: Growth supported by increasing preference for natural, clean-label, and organic products.

  • Rest of the World: Rising demand in Latin America, Middle East, and Africa, though from a smaller base.

List of Key Reishi Mushroom Companies Profiled

  • Nammex (Canada)

  • Hokkaido Reishi Co., Ltd. (Japan)

  • Bio Botanica (U.S.)

  • Bristol Botanicals Limited (U.K.)

  • DXN Holdings Bhd (Malaysia)

  • Oriveda BV Inc. (Netherlands)

  • Alphay International, Inc. (U.S.)

  • KAAPA Biotech (Finland)

Key Industry Development:

  • September 2024: Renude, a U.S. beverage company, launched “Reishi Cacao,” a hot chocolate free from seed oils, binders, and emulsifiers. It is sold online in three pack sizes across the U.S.

  • September 2024: Applied Food Sciences (U.S.) and KAAPA Biotech (Finland) expanded their partnership by building a new advanced cultivation facility in Finland. The plant will supply high-quality chaga, reishi, shiitake, and other mushrooms for use in supplements, beverages, and food products.

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