Regional Analysis

Global Functional Mushroom Market: Regional Analysis

Asia Pacific held a dominant position in the global functional mushroom market in 2022, accounting for 49.00% of the share in terms of volume, followed by North America and Europe, respectively. One of the reasons for this is that these mushrooms are becoming more popular as super foods. Functional mushrooms are gaining popularity in developed countries because they are a better alternative to many other high-nutrient foods. In addition, there is a growing awareness among consumers about the importance of overall health and wellbeing, which will also contribute to the growth of the region. As vegan diets become more popular, functional mushrooms are expected to be in high demand in North America as well. In 2021, Asia Pacific accounted for the largest share of the global functional mushroom market, mainly due to the cultivation of mushrooms in China. Additionally, functional mushrooms are in high demand due to their functional food potential. Functional mushrooms are also in high demand in the Asia Pacific food and beverage sector due to the increased use of functional mushrooms in daily diets as a healthy food option.

Geographies covered:

North America: U.S. and Canada
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Middle East &Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East