Reishi Mushroom Market Size, Share & Industry Analysis, By Nature (Conventional and Organic), By Form (Powder and Liquid), By Application (Food and Beverages, Dietary Supplements, Personal Care & Cosmetics, and Pharmaceuticals), and Regional Forecast, 2025-2032

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. Asia Pacific dominated the reishi mushroom market with a market share of 53.23% in 2024.

A few key players in the market include Nammex,  Hokkaido Reishi Co., Ltd., Bio Botanica, and others.

Reishi mushroom, also referred to as Ganoderma lucidum, is a reddish-brown medicinal fungus with a long-standing history of use in Korean, Chinese, and Japanese medicine. This mushroom is found in temperate and tropical deciduous forests, growing on hardwood trees such as beech, oak, and maple. With respect to health advantages, reishi is highly rich in bioactive compounds which offer immune-stimulating, anti-inflammatory, and antiviral properties. Traditionally, this type of mushroom is used for treating a range of health conditions such as respiratory issues, fatigue, asthma, and insomnia. However, according to modern research, it can be utilized as a complementary therapy besides conventional treatment. Along with the pharmaceuticals sector, it is gaining utmost traction in the functional food market and the emerging green cosmetics industry.

The expanding dietary supplements sector and growing functional foods and beverages industry are pivotal factors driving the market’s momentum.

Reishi Mushroom Market Snapshot & Highlights

Market Size & Forecast:

• 2024 Market Size: USD 5.58 billion
• 2025 Market Size: USD 6.04 billion
• 2032 Forecast Market Size: USD 10.99 billion
• CAGR: 8.92% from 2025–2032

Market Share:

• Asia Pacific dominated the reishi mushroom market with a 53.23% share in 2024, driven by its long history in traditional medicine and widespread use in functional foods and cosmetics.
• By application, the pharmaceuticals segment is expected to hold the largest market share in 2025, due to the mushroom's numerous therapeutic benefits, including immune-stimulating, anti-inflammatory, and antiviral properties.

Key Country Highlights:

• China: The market is driven by reishi's integral role in traditional Chinese medicine and its growing use in the functional cosmetics sector.
• United States: Leads the North American market due to the rising consumer trend of functional snacking and high rates of product innovation.
• Japan: Robust R&D capabilities and strong demand for reishi in functional foods and cosmetics support significant market presence.
• Germany: A strong and growing plant-based lifestyle movement increases demand for natural, functional products like reishi supplements.

MARKET DYNAMICS

Market Drivers

Increasing Incidences of Chronic Ailments Propel Usage of Reishi Mushroom

The surging cases of health ailments are a crucial driver fueling the utilization of reishi mushrooms. Chronic health conditions (cancer, diabetes, and hypertension) are recognized as the main cause of death in almost all countries/regions worldwide. Poor nutrition, unhealthy lifestyles, and lack of physical activity are the key contributors to such chronic conditions. In order to curb the burden of health ailments, most consumers are seeking functional ingredients/products such as reishi, which can be incorporated into their daily diet. Although reishi has a long history in natural remedies, its demand has improved enormously in recent years. Also, the trend of holistic wellness and superfood products further drives the consumption of mushrooms.

Market Restraints

Complex Cultivation Requirements and Contamination Risks Hinder Market’s Potential

One major challenge observed in the global market is complex cultivation requirements. Reishi requires particular environmental conditions such as effective air exchange, high humidity (85-95%), and appropriate temperatures (22°-28°C). Variations from these conditions can result in poor crop growth, ultimately hindering the market’s potential. Moreover, maintaining such conditions throughout the cultivation cycle exacerbates the complexity. As a result, the aforementioned factors impede the global reishi mushroom market growth.

High contamination risk is another pivotal obstacle faced by manufacturers. The cultivation process of reishi is prone to contamination by yeasts, molds, and bacteria, which can lead to crop failure and poor yields. Nematodes, springtails, and flies are common pests that hamper mushrooms directly and affect the quality of the produce.

Market Opportunities

Adoption of Advanced Technology in Market Opens Lucrative Opportunities

The surging adoption of advanced technology in the mushroom growing sector creates growth possibilities in the market. Liquid culture technology is a popular method used for the efficient production of mushroom spawn. Using this technique can enhance yield stability, minimize contamination, and promote faster production. For industrial-scale manufacturing, the companies can utilize bioreactor technology, which substantially improves the scalability and strengthens the yield of bioactive components. Moreover, the continuous phase change extraction (CPCE) method is a prominent method that effectively boosts the release of polysaccharides. Along with this, techniques such as supercritical CO2 extraction and ultrasonic-assisted extraction can be utilized to extract active compounds with enhanced purity. 

Reishi Mushroom Market Trends

Rising Inclination Toward Superfoods is the Prominent Trend

The global industry is experiencing a strong trend for superfoods, which is shaping marketing strategies, consumers’ behavior, and product innovation across the food & beverage market. In today’s modern era, health-conscious consumers, particularly Gen Z, are more proactive about wellness and ingredient-awareness. This inclination toward maintaining a healthy lifestyle boosts the usage of mushrooms. Moreover, superfoods, including reishi, align well with gluten-free, non-GMO, and organic preferences, necessitating consumers to incorporate such ingredients into their diet. Additionally, athletes and fitness enthusiasts highly seek superfood-infused items such as reishi-infused protein shakes/protein bars, which can support their overall performance and health.

SEGMENTATION ANALYSIS

By Nature

Conventional Segment Dominated Market Owing to Higher Yield

Depending on nature, the market is distributed into conventional and organic.

The conventional sector leads in the global market in 2024. As compared to organic reishi, conventional farming methods utilize growth enhancers and pesticides, which minimize cultivation time and strengthen yield. Moreover, regular reishi are more economical than organic mushrooms, which entices consumers’ attention. Additionally, in comparison to organic reishi, conventional mushrooms are widely available across the market due to limited restrictions on inputs and large-scale production.

The organic category emerged as the fastest-growing segment during the forecast period. The surging demand for clean-label products and the emerging health-consciousness trend bolsters the global reishi mushroom market share.  

By Form

Powder Form Led Industry Due to Easy Handling Properties

On the basis of form, the market is segmented into powder and liquid.

The powdered form dominated the industry by generating the highest share. Powdered components are less bulky and lighter in weight, which minimizes the chances of leakage. Moreover, it has minimal moisture content, which reduces the chances of spoilage. Additionally, powders are more stable than liquids and less susceptible to degradation than liquids. Also, powdered ingredients are cost-effective, further driving the segment’s potential.

The liquid category has a high CAGR during the forecast period. The dosing flexibility and faster absorption rate are the main factors augmenting the market’s momentum.

By Application

Pharmaceuticals Sector Led Market Owing to Health Advantages

Based on the application, the market is distributed into food and beverages, dietary supplements, personal care & cosmetics, and pharmaceuticals.

The pharmaceuticals sector led the global market in 2024. Reishi is considered a functional therapeutic agent and is known to offer numerous therapeutic benefits. This mushroom offers anti-inflammatory, antiviral, and antioxidant properties, which aid in maintaining the immune system. Moreover, it provides neuroprotective properties that assist in promoting nerve growth factor production. Also, it reduces high blood glucose and triglycerides, contributing to cardiovascular health.

The personal care & cosmetics category emerged as the fastest-growing segment during the forecast period. The rising use of plant-sourced ingredients and surging awareness of the health benefits of reishi mushrooms escalates its utilization rate.

Reishi Mushroom Market Regional Outlook

Based on regions, the market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Asia Pacific

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Asia Pacific leads in the global market and holds the highest market share. Reishi has a long history of being utilized in traditional Chinese medicine, where it is used in creating pharmaceutical products. Alongside traditional medicines, this mushroom is widely used in nutraceutical and functional food applications to develop reishi-based energy bars, drinks, and supplements. Moreover, the expanding functional cosmetics sector in Asian countries such as China and Japan fuels the sales of reishi. Additionally, the robust R&D capabilities, specifically in Korea and Japan, support new product innovation, further strengthening the market’s potential. Besides this, strong Government support to improve the awareness of mushrooms also upgrades the regional growth.

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North America

North America secured second position in the market globally. The rising demand for premium quality mushroom extracts and surging sustainability trends are the main factors boosting the market’s growth. In this region, consumers are increasingly gravitating toward preventive wellness strategies, which enhances the demand for functional ingredients such as reishi. Moreover, advancements in extraction technologies strengthen the efficacy and purity of reishi-infused products, ultimately boosting consumers’ confidence. As compared to other developing/developed regions, North America has a well-built infrastructure for marketing Reishi-based items through specialty health stores, wellness brands, and online platforms. Apart from this, the American countries are experiencing a trend of hybrid beverages, where individuals are seeking mushroom-based tea/coffee with adaptogenic advantages. Thus, all the factors mentioned above are anticipated to propel the acceptance rate of reishi.

The U.S. is the leading nation in the North American region. The emerging trend of functional snacking and increasing product innovation bolsters the nation’s momentum.

Europe

Europe ranked third in the global industry and held a considerable market share. The region is witnessing a strong plant-based lifestyle movement, particularly in Germany and U.K., which has created a profitable market for reishi-based items. Similarly, in other regions, the improved awareness of mushrooms’ therapeutic benefits (antioxidant and immune support) has augmented their popularity in the supplements sector in Europe. Moreover, the beauty care industry is embracing reishi for its anti-aging and antioxidant properties, which drives the market’s growth. Along with this, the surging demand for natural ingredients-enriched edibles such as reishi-based beverages and snacks further appeals to consumers and drives the overall industry’s potential.

South America

South America is at its developing stage and is anticipated to grow at a higher pace in the future. The rising health & wellness awareness and growing demand for natural and functional foods will add to the growth.

Middle East & Africa

The Middle East & Africa are at their nascent stage and are expected to maintain the same growth in the near term. The surging demand for medicinal mushroom extracts and increasing inclination toward functional food and beverages can drive the growth of the market.

COMPETITIVE LANDSCAPE

Leading Players are Expanding Product Portfolio by Launching Novel Products

The active players in the global market include Nammex, Hokkaido Reishi Co., Ltd., and Bio Botanica. All these enterprises are aiming at captivating a wide consumer base by releasing new products. Via such launches, the firms operating in the market can enhance their image and attain high profits.

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)
• Nuvedo (India)
• Fungi Perfecti LLC (U.S.)

KEY INDUSTRY DEVELOPMENTS

• September 2024: Renude, a U.S.-based beverages company, introduced a new hot chocolate, “Reishi Cacao,” which is free from seed oils, binders, and emulsifiers. This item can be purchased online and is available in three pack sizes across the U.S.  
• September 2024: Applied Food Sciences, an American ingredients firm, and KAAPA Biotech, a biotechnology company in Finland, expanded their partnership by constructing a new state-of-the-art cultivation plant in Finland. Via this expansion, both companies will distribute high-quality chaga, reishi, shiitake, and others, for use in supplements, beverages, and food.
• December 2023: Applied Food Sciences, an organic ingredients enterprise located in the U.S., unveiled an organic functional mushroom line, which is certified organic. The four varieties launched include reishi, chaga, lion’s mane, and cordyceps, and are approved for use in beverage and food applications.  
• January 2023: Pawse, a popular pet food firm in the U.S., announced the launch of “Mighty Mushrooms,” a functional mushroom-based item for pets. These freeze-dried chews are developed in the U.S. and comprise turkey tail, reishi, chaga, and other varieties of mushrooms.
• December 2022: Ethical Naturals, a botanical-based ingredients producer in the U.S., collaborated with Nammex, a Canadian mushroom extracts wholesaler, to release organic mushroom (reishi) extracts, “MycoCalm,” formulated for particular health concerns.

REPORT COVERAGES

The market report includes quantitative and qualitative insights into the market. It also offers a detailed global reishi mushroom market analysis of the market sizing and growth rate for all possible market segments. Key insights in the report include an overview of related markets, a competitive landscape, recent industry developments such as mergers & acquisitions, the regulatory environment in critical countries, and current global market trends. 

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Report Scope & Segmentation