Liquid Mushroom Market Segmented By Organic and Conventional Nature with Ganoderma lucidum, Inonotus obliquus, Hericium erinaceus, Lentinula edodes, Trametes versicolor Ingredient Type
Industry: Food and Beverages
Published Date: September-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 400
Report ID: PMRREP33151
The global liquid mushroom market is anticipated to expand at a value CAGR of 6% and increase from its current valuation of US$ 7.79 Bn to US$ 13.91 Bn by the end of 2032, which will equate to 47,343 tons.
At present, sales of liquid mushroom account for 2.5% to 3.5% share of the global mushroom market. East Asia is projected to hold more than 25% share of the global market value by 2032.
Report Attribute | Details |
---|---|
Liquid Mushroom Market Size (2022E) |
US$ 7.79 Bn |
Projected Sales of Liquid Mushroom (2032F) |
US$ 13.91 Bn |
Global Market Growth Rate (2022-2032) |
6% CAGR |
Value Share of Top 5 Countries (2021A) |
42.7% |
During the historical period (2017-2021), the liquid mushroom market increased at a value CAGR of 4.5%. Typically, liquid extract is produced by soaking mushrooms or portions of mushrooms in alcohol or water-based solvents to separate the components from the raw material.
An extract in the liquid form is absorbed by the body more quickly than an extract in the powdered form, with absorption beginning in the mouth itself. It is simple to combine into food dishes and add to other food products without the issue of powder clumping.
The quickest approach to enjoy the advantages of full bioavailability is with liquid mushroom. In contrast to powder, liquid mushroom can be taken straight from the bottle or directly into the mouth without needing to shake or mix.
Over the next ten years, worldwide sales of liquid mushroom are predicted to increase at a CAGR of 6%.
“World to Witness High Demand for Use in Cosmetics Products”
To incorporate various types of mushrooms for the creation of new cosmetic products, sustainable biotech businesses are collaborating with cosmetic corporations. Given that the usage of mushrooms in skin care is not new–they have been used for ages in Eastern cultures–mushrooms are currently dominating the beauty industry.
Because they can provide a slightly different set of easily absorbed nutrients than other common ingredients such as vitamin C and vitamin E, which help treat many skin problems caused by inflammation and excessive free radical activity, mushroom extracts are widely known for their potent antioxidant properties and as natural moisturizers.
Mushrooms contain various bioactive components such as terpenoids, selenium, phenolic & polyphenolic chemicals, vitamins, polysaccharides, etc. Due to their qualities, both water- and oil-soluble mushroom extracts are utilized in a variety of cosmetics and personal care products. In commercial products, mushroom extracts are utilized for various functional claims such as anti-aging, antioxidant, anti-wrinkle, skin-lightening, moisturizing, anti-acne, and anti-dandruff properties.
“Rising Liquid Mushroom Usage in Nutraceuticals”
Liquid mushroom is an effective way of getting the healthful components from mushrooms without requiring one to frequently eat tons of fresh mushrooms. Mushroom liquid is easily absorbed by the body as compared to capsules and powder. Liquid supplements are absorbed in less than 5 minutes and also provide more nutrients and therapeutic components as they are in the concentrated form.
They have become increasingly popular as a result of the rise in COVID-19-related interest in more holistic health and wellness practices. Active constituents are found in mushrooms, such as dietary fibers, polysaccharides, oligosaccharides, peptides, and proteins, with mineral elements such as copper, zinc, iodine, iron, amino acids, vitamins, etc.
These properties have been found to boost the immune system, increase energy, improve hair, skin, and nail health, have anti-cancer properties, show anti-viral & anti-HIV activity, and reduce the toxic effects of chemo- and radiotherapy.
“Increasing R&D on Liquid Mushroom to Provide Growth Opportunities”
Companies are devoting their resources to robust research and development to explore more applications of liquid mushroom. R&D has produced a series of analytical methods that have made it possible to standardize liquid mushroom, and it also helps to be more competitive by innovating new applications, which will enable sustainability in the market.
The advancement of biotechnology to obtain extracts, biocontrol agents, enzymes, nutraceuticals, and molecules with biological activity, and mushroom by-products, has led to ingredient usage in other industries such as cosmetics, chemicals, textiles, pharmaceuticals, paper, etc.
“Low Awareness of Mushroom Culture Benefits in Many Regions”
Mushrooms are among the best health-beneficial and nutritional fungi; however, they are consumed by a limited number of countries. Mushroom consumption is mostly concentrated in countries such as the U.S., Germany, U.K., France, Italy, and Canada.
South Asia, Africa, Latin America, and the Middle East are regions that are not well-known for mushroom consumption. This is the result of lack of awareness regarding the health benefits of mushrooms in these regions. Furthermore, these regions contain most of the world’s population.
As a result, lack of awareness regarding the benefits of liquid mushroom is among the strongest restraining factors for the growth of the market.
Which is the Leading Market for Liquid Mushroom in Europe?
The market for liquid mushroom is predicted to exhibit significant growth in Europe. The U.K accounts for a major share in the region at around 19.6% with the market valued at around US$ 399 Mn in 2022 and projected to reach US$ 836.2 Mn by 2032.
Demand for liquid mushroom is expected to increase rapidly due to an increase in the demand for natural ingredient-based products in the region, and more so in the U.K.
Will Mexico Provide Lucrative Opportunities for Liquid Mushroom Sellers?
Mexico holds the largest volume market share in the Latin America liquid mushroom market, followed by Brazil, due to growing health awareness among consumers about the potential health benefits of the products.
The market share of Mexico in the Latin American region is around 33.5% and the market is expected to reach 1,359 tons by 2032.
Why is Ganoderma Lucidum (Reishi) Mushroom Widely Consumed?
Based on ingredient type, Ganoderma lucidum (Reishi) mushroom is widely utilized and consumed as it contains medicinal properties that help in enhancing health.
The market value share of Ganoderma lucidum (Reishi) is 25.4% in 2022 and the segment is expected to reach a valuation of US$ 3.66 Bn by the end of 2032, in the global market.
Which Sales Channel is Expected to Drive High Market Growth?
Hypermarkets/Supermarkets have the highest growth potential for the forecast period with the segment predicted to expand at a volume CAGR of 6.4%. This is because hypermarkets/supermarkets help reach a higher number of customers across regions.
Key manufacturers of liquid mushroom are focused on the expansion of their businesses and product innovation to strengthen their position in the global market. To achieve a competitive edge in the global market for liquid mushroom, producers are aiming at gaining various certifications and claims for promoting their products and utilizing different extraction processes to procure the required raw material for the final product.
Attribute |
Details |
---|---|
Forecast period |
2022-2032 |
Historical data available for |
2017-2021 |
Market analysis |
USD million for value |
Key regions covered |
|
Key countries covered |
|
Key market segments covered |
|
Key companies profiled |
|
Report Coverage |
|
Customization & pricing |
Available upon request |
Liquid Mushroom Market by Nature:
Liquid Mushroom Market by Ingredient Type:
Liquid Mushroom Market by Sales Channel:
Liquid Mushroom Market by Region:
To know more about delivery timeline for this report Contact Sales
The global liquid mushroom market is currently valued at US$ 7.79 Bn.
Incorporation of functional foods as nutritional products, growing consumer inclination toward plant-based ingredients, and several health benefits offered by liquid mushroom are driving market expansion.
Demand for inonotus obliquus (Chaga) liquid mushroom is anticipated to increase at 6.4% CAGR through 2032.
Sales of liquid mushroom in ASEAN countries are expected to surge at 7.2% CAGR over the decade.
From 2017 to 2021, the global market for liquid mushroom expanded at 4.5% CAGR.
Worldwide sales of liquid mushroom are expected to increase at 6% CAGR through 2032.