Medicinal mushrooms have long been recognized for their health benefits in Eastern medicine; traditional medicine has used mushrooms for thousands of years. Studies have found that these medicinal mushrooms contain a variety of components that act as antioxidants, support immune function, and even promote cellular health and function.
Global Medicinal Mushroom Extracts key players include Baikal Herbs Ltd., Kangxin, Johncan international, Limonnik, etc. Global top four manufacturers hold a share over 10%.
Asia Pacific is the largest market, with a share about 65%, followed by Europe, and North America, both have a share over 25 percent.
In terms of product, Power is the largest segment, with a share nearly 80%. And in terms of application, the largest application is Food, followed by Medicine.

The global Medicinal Mushroom Extracts market was valued at US$ 198 million in 2020 and is expected to reach US$ 269.6 million by the end of 2027, growing at a CAGR of 4.4% during 2021-2027.
This report focuses on Medicinal Mushroom Extracts volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Medicinal Mushroom Extracts market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Medicinal Mushroom Extracts Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Powder
Liquid

Segment by Application
Medicine
Food

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Verygrass
Amino Up Chemical
Nammex
Baikal Herbs Ltd.
Johncan international
Aloha Medicinals
Limonnik
Fungi Perfecti
Kangxin
Shaanxi Undersun Biomedtech
GanoHerb
NutraGenesis
Naturalin
Lgberry
Nyishar
Oriveda bv
Real Mushrooms