Product Code: GVR-4-68040-349-5
North America Functional Mushroom Supplements Market Growth & Trends:
The North America functional mushroom supplements market size is expected to reach USD 1.41 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 15.0% from 2024 to 2030. Key factors pushing the industry include growing health consciousness, increasing research on mushroom benefits, and rising demand for natural and organic supplements.
With a history deeply rooted in traditional herbal medicine and increasing scientific research backing their efficacy, mushrooms have garnered attention as adaptogens. They aid in stress management and promote balance in the body. Moreover, adaptogenic mushrooms such as cordyceps and chaga are valued for their ability to combat stress and anxiety while enhancing energy levels and physical performance. Furthermore, mushrooms like maitake and shiitake are known for their digestive health benefits, promoting gut health and aiding in digestion.
Medicinal mushrooms, such as chaga, reishi, shiitake, cordyceps, and lion's mane, have become top category drivers in the food supplement industry in North America. This trend, which began over 30 years ago, is now seeing a resurgence, partly due to the pandemic that heightened awareness of immune health. Companies like Kaapa Biotech have been capitalizing on this demand by ensuring full traceability and transparency in their supply chains, which is increasingly important to modern consumers.
In September 2020, Nutralliance partnered with Kaapa Biotech to distribute its Nordic Mushrooms extracts line in North America, emphasizing the importance of ingredient origins and sustainable practices. This collective push by industry players highlights the broader trend towards high-quality, research-backed mushroom supplements that support overall wellness and meet the growing consumer demand for natural health solutions.
Other market players are also innovating to capture the growing interest in mushroom supplements. In 2020, Unibar launched Maitake Pt78, an immunomodulating mushroom extract, to address the heightened demand for immune health products. Spore Life Sciences introduced a range of functional mushroom supplements targeting immunity, energy, focus, and sleep in the same year, while Rritual in Canada launched premium plant-based, vegan mushroom and adaptogen-enhanced elixirs.
Biohacking and Nootropics are the two emerging trends that have significantly influenced the functional mushroom supplements market in North America. Biohacking involves self-experimentation with biology, often through targeted lifestyle changes to enhance physical or mental health and performance. Nootropics, commonly used by biohackers, are substances found in natural products, dietary supplements, and certain foods and beverages aimed at improving cognitive function.
Mushrooms have become a focal point in this movement, with nearly a dozen species being used by biohackers to boost health and performance. Lion's Mane, Turkey Tail, Maitake, Shiitake, Reishi, Chaga, Cordyceps, Royal Sun, King Trumpet, and various Oyster mushroom.
North America Functional Mushroom Supplements Market Report Highlights:
- The medicinal qualities of functional mushrooms, which are well-known in traditional medicine systems such as Ayurveda and Traditional Chinese Medicine (TCM), have drawn interest from people looking for alternative therapies. Consumer interest has also been stoked by growing knowledge of the health advantages of mushrooms, which include immunological support, cognitive enhancement, and stress control.
- Mushroom capsules & tablets dominated the markets in 2023. These supplements are an older variety that has remained popular over time since they are convenient, simple to take, and have accurate dosage management. These conventional supplement forms have been around for a while and have proven to be dependable means of providing both nutrients and therapeutic substances.
- The demand for chaga supplements is projected to grow at a rapid CAGR from 2024 to 2030. There is a growing trend towards sustainable and eco-friendly products, and chaga mushroom supplements align well with this movement. As a natural resource that can be harvested responsibly without harming the environment, chaga attracts environmentally conscious consumers seeking ethical and sustainable options.
- Immune support mushroom supplements dominated the industry in 2023. This is due to their perceived effectiveness in boosting the immune system, increasing consumer interest in natural health solutions, and the growing awareness of the health benefits of medicinal mushrooms like reishi, chaga, and maitake. In addition, the heightened focus on immune health, especially during and after the pandemic, has significantly driven demand for these products.
- The sales of functional mushroom supplements through specialty stores in North America are expected to grow rapidly from 2024 to 2030. These supplements cater to a niche market of health-conscious consumers seeking natural alternatives to support their overall wellness. Specialty stores curate their product selections to align with the preferences and values of this demographic, making them an ideal distribution channel for mushroom-based products.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Materials & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Form Outlook
- 2.3. Type Outlook
- 2.4. Function Outlook
- 2.5. Distribution Channel Outlook
- 2.6. Regional Outlook
- 2.7. Competitive Landscape Snapshot
Chapter 3. North America Functional Mushroom Supplements Market Variables and Trends
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends & Outlook
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunities
- 3.3.4. Market Challenges
- 3.4. Regulatory Framework
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.6. Market Entry Strategies
Chapter 4. North America Functional Mushroom Supplements Market: Consumer Behavior Analysis
- 4.1. Trends & Preferences
- 4.1.1. Consumer Trends & Preferences
- 4.1.2. Convenient Packaging Trends
- 4.2. Consumer Product Adoption Trends
- 4.2.1. Convenience
- 4.2.2. Consumption Time
- 4.2.3. Need
- 4.3. Factors Influencing Buying Behavior
Chapter 5. North America Functional Mushroom Supplements Market: Form Estimates & Trend Analysis
- 5.1. North America Functional Mushroom Supplements Market, By Form: Key Takeaways
- 5.2. Form Movement Analysis & Market Share, 2023 & 2030
- 5.3. Market Estimates & Forecasts, by form, 2018 - 2030 (USD Million)
- 5.3.1. Powder
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.1.2. Single-Serve
- 5.3.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.1.3. Multi-Serve
- 5.3.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Liquid Extracts
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3. Liposomal
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3.2. Single-Serve
- 5.3.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3.3. Multi-Serve
- 5.3.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.4. Capsules & Tablets
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.5. Gummies
- 5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.6. Spray
- 5.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 6. North America Functional Mushroom Supplements Market: Type Estimates & Trend Analysis
- 6.1. North America Functional Mushroom Supplements Market, By Type: Key Takeaways
- 6.2. Type Movement Analysis & Market Share, 2023 & 2030
- 6.3. Market Estimates & Forecasts, by type, 2018 - 2030 (USD Million)
- 6.3.1. Reishi
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Chaga
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Lion's Mane
- 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4. Cordyceps
- 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.5. Turkey Tail
- 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.6. Shiitake
- 6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.7. Others
- 6.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 7. North America Functional Mushroom Supplements Market: Function Estimates & Trend Analysis
- 7.1. North America Functional Mushroom Supplements Market, By Function: Key Takeaways
- 7.2. Function Movement Analysis & Market Share, 2023 & 2030
- 7.3. Market Estimates & Forecasts, by function, 2018 - 2030 (USD Million)
- 7.3.1. Immune Support
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Cognitive Health
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Anxiety & Stress Relief
- 7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4. Elite Performance, Energy & Endurance
- 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.5. Digestive Health
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.6. Anti-inflammatory Support
- 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.7. Others
- 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 8. North America Functional Mushroom Supplements Market: Distribution Channel Estimates & Trend Analysis
- 8.1. North America Functional Mushroom Supplements Market, By Distribution Channel: Key Takeaways
- 8.2. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
- 8.3. Market Estimates & Forecasts, by distribution channel, 2018 - 2030 (USD Million)
- 8.3.1. Hypermarkets & Supermarkets
- 8.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.2. Specialty Stores
- 8.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.3. Pharmacy & Drug Stores
- 8.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.4. Convenience Stores
- 8.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.5. D2C
- 8.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.6. Online
- 8.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 8.3.7. Others
- 8.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9. North America Functional Mushroom Supplements Market: Regional Estimates & Trend Analysis
- 9.1. North America Functional Mushroom Supplements Market: Regional Outlook
- 9.2. Regional Marketplaces: Key Takeaways
- 9.3. Market Estimates & Forecasts, by region, 2018 - 2030 (USD Million)
- 9.3.1. North America
- 9.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.2. U.S.
- 9.3.1.2.1. Key country dynamics
- 9.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.3. Canada
- 9.3.1.3.1. Key country dynamics
- 9.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 9.3.1.4. Mexico
- 9.3.1.4.1. Key country dynamics
- 9.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 10. North America Functional Mushroom Supplements Market: Competitive Analysis
- 10.1. Recent Developments & Impact Analysis, by Key Market Participants
- 10.2. Company Categorization
- 10.3. Participant's Overview
- 10.4. Financial Performance
- 10.5. Product Benchmarking
- 10.6. Company Market Share Analysis, 2023 (%)
- 10.7. Company Heat Map Analysis, 2023
- 10.8. Strategy Mapping
- 10.9. Company Profiles
- 10.9.1. Four Sigmatic
- 10.9.1.1. Company Overview
- 10.9.1.2. Financial Performance
- 10.9.1.3. Product Portfolios
- 10.9.1.4. Strategic Initiatives
- 10.9.2. Fungi Perfecti - Host Defence
- 10.9.2.1. Company Overview
- 10.9.2.2. Financial Performance
- 10.9.2.3. Product Portfolios
- 10.9.2.4. Strategic Initiatives
- 10.9.3. Om Mushroom Superfood
- 10.9.3.1. Company Overview
- 10.9.3.2. Financial Performance
- 10.9.3.3. Product Portfolios
- 10.9.3.4. Strategic Initiatives
- 10.9.4. Swanson
- 10.9.4.1. Company Overview
- 10.9.4.2. Financial Performance
- 10.9.4.3. Product Portfolios
- 10.9.4.4. Strategic Initiatives
- 10.9.5. Mushroom Wisdom
- 10.9.5.1. Company Overview
- 10.9.5.2. Financial Performance
- 10.9.5.3. Product Portfolios
- 10.9.5.4. Strategic Initiatives
- 10.9.6. Real Mushrooms
- 10.9.6.1. Company Overview
- 10.9.6.2. Financial Performance
- 10.9.6.3. Product Portfolios
- 10.9.6.4. Strategic Initiatives
- 10.9.7. LifeCykel
- 10.9.7.1. Company Overview
- 10.9.7.2. Financial Performance
- 10.9.7.3. Product Portfolios
- 10.9.7.4. Strategic Initiatives
- 10.9.8. New Chapter, Inc.
- 10.9.8.1. Company Overview
- 10.9.8.2. Financial Performance
- 10.9.8.3. Product Portfolios
- 10.9.8.4. Strategic Initiatives
- 10.9.9. DIRTEA
- 10.9.9.1. Company Overview
- 10.9.9.2. Financial Performance
- 10.9.9.3. Product Portfolios
- 10.9.9.4. Strategic Initiatives
- 10.9.10. Pure Essence Labs
- 10.9.10.1. Company Overview
- 10.9.10.2. Financial Performance
- 10.9.10.3. Product Portfolios
- 10.9.10.4. Strategic Initiatives
- 10.9.11. Sun Potion
- 10.9.11.1. Company Overview
- 10.9.11.2. Financial Performance
- 10.9.11.3. Product Portfolios
- 10.9.11.4. Strategic Initiatives