Reishi Mushroom Extract Market Forecast 2022 - 2027

Reishi Mushroom Extract Market size is estimated to reach $5.3 billion by 2027, growing at a CAGR of 8.7% during the forecast period 2022-2027. Reishi mushroom also termed Lingzhi mushroom is a polypore fungus (“bracket fungus”) belonging to the genus Ganoderma which is utilized in conventional Chinese medicine. The Lingzhi or Reishi medicinal mushroom Ganoderma lucidum (higher Basidiomycetes mushroom) is recognized owing to its health-advancing characteristics. The consequences of Ganoderma lucidum extract on cancer, hypertension, hypercholesterolemia, and hepatitis have been recorded by heaps of researchers. One of the most significant consequences of the reishi mushroom is that it can boost the immune system. However, most of the research demonstrates that reishi mushrooms do not enhance cholesterol, blood sugar, or antioxidants in the body.

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The surging application of Reishi Mushroom Extract as a constituent in food and beverage is set to drive the Reishi Mushroom Extract Market. The proliferating application of reishi mushrooms to support the reestablishment of optimal hormonal levels to enhance the cardiovascular system owing to high blood pressure and high cholesterol occasionally brought about by hormonal issues, inclusive of thyroid ailments or soaring quantities of stress and to boost the immune system is set to propel the growth of the Reishi Mushroom Extract Market during the forecast period 2022-2027. This represents the Reishi Mushroom Extract Industry Outlook.

Report Coverage

The report: “Reishi Mushroom Extract Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Reishi Mushroom Extract Market.

By Product Type: Organic Extract, Conventional Extract.


By Form: Liquid Extract, Powder Extract.


By Application: Food And Beverage, Dietary Supplements, Personal Care, Pharmaceutical.


By Geography: North America (the U.S, Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

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Key Takeaways

  • Geographically, Asia-Pacific Reishi Mushroom Extract Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the soaring production of Reishi Mushrooms which can promote the immune system in China in the Asia-Pacific region.

  • Reishi Mushroom Extract Market growth is being driven by the surging inclusion of reishi mushrooms into health additives owing to the use of reishi mushroom extracts as a functional constituent in the healthcare industry and its ability to advance the immune system. However, intermittent allergy consequent to the intake of reishi mushrooms is one of the major factors hampering the growth of the Reishi Mushroom Extract Market.

  • Reishi Mushroom Extract Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Reishi Mushroom Extract Market report. 


Reishi Mushroom Extract Market Challenges

Existence Of Reishi Mushroom Alternatives Is Hampering The Growth Of The Reishi Mushroom Extract Market:

Reishi mushrooms are not recognized for their flavor owing to being bitter and chewy to a large extent. Reishi mushrooms, therefore, are seldom present in dishes. When they do feature in a dish, it is normally as a finely-grained embellishment scattered over the top. Rather, the majority of people utilize reishi products like supplements, powders, extracts, tinctures, and teas to acquire their nutritional advantages without essentially getting the flavor. Certain substitutes for reishi mushrooms that also offer similar nutritional advantages are inclusive of Golden milk, Rooibos tea, and Golgi berries. The existence of these alternatives to reishi mushrooms is hampering the growth of the Reishi Mushroom Extract Market.

Reishi Mushroom Extract Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and R&D Activities are key strategies adopted by players in the Reishi Mushroom Extract Market. Key companies of this market are:

  1. Bio Botanica, Inc.
  2. Bristol Botanicals Limited
  3. Ron Teeguarden Enterprises, Inc.
  4. Nammex
  5. DXN
  6. Hokkaido Reishi
  7. Fujian Xianzhilou Biological Science & Technology Co., Ltd.
  8. Alphay International, Inc.
  9. Qingdao Dacon Trading Co Ltd.
  10. Xi'an Greena Biotech Co., Ltd.

Recent Developments

  • In November 2021, So Good So You introduced its earliest flavored juice formulation mechanized by adaptogenic mushrooms. The novel product is termed Immunity Blueberry Clementine and involves 300mg of organic shiitake, maitake, and reishi mushrooms. This variation is the most novel inclusion in the brand’s ‘Immunity’ line of 50ml juice shots.
  • In October 2021, it was reported that consequent to three years of research and development, Nammex accomplished a breakthrough: Approximately 80 tons of fresh Trametes Versicolor, typically recognized as turkey tail, have been prepared for commercial purposes this year. With that, Nammex (https://www.nammex.com/) is the earliest and only company across the globe to harvest turkey tail on a commercial basis. Nammex averts problems related to wildcrafting by cultivating turkey tail on an enriched sawdust substrate in an optimal development environment.
  • In March 2021, Gaia Herbs declared the introduction of its novel line of six mushroom capsule additives that back whole-body health and keep up wellness: Respiratory Mushroom Blend, Immune Mushroom Blend, Reishi Mushroom, Lion’s Mane Mushroom, Cordyceps Mushroom, and Turkey Tail Mushroom. These products are planned to support keeping up the lung, immune, heart, brain, and neurological health; provide energy and stamina backing; stress backing; and backing for healthy liver function, respectively. All six assortments are presently accessible on GaiaHerbs.com and will arise across organic and health food stores nationally commencing in March.

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