PUBLISHER: Grand View Research | PRODUCT CODE: 1530307
PUBLISHER: Grand View Research | PRODUCT CODE: 1530307
The global reishi mushroom market size is expected to reach USD 13.60 billion by 2030, is anticipated to expand at a CAGR of 12.0% from 2024 to 2030 according to a new report by Grand View Research, Inc. There has been a significant global shift in dietary and lifestyle habits. Urbanization and consumerism have heightened awareness of lifestyle-related disorders, driving a rise in the consumption of synthetic food products. Consequently, consumers are increasingly opting for functional foods and beverages, which are promoted for their benefits beyond basic nutrition. These products offer high nutritional value and help reduce the risk of illness.
A significant factor driving the growth of the reishi mushroom market is the increasing consumer interest in natural and holistic health solutions. As awareness of the potential health benefits of reishi mushrooms, such as immune support, stress reduction, and anti-inflammatory properties grow, so does the demand for these products. This trend is further bolstered by a growing body of scientific research highlighting the therapeutic effects of reishi mushrooms, encouraging more consumers to incorporate them into their wellness routines.
Regulations play a crucial role in shaping the functional mushroom supplements market, impacting various aspects of the industry. One key effect is the establishment of quality and safety standards, ensuring products meet specific criteria to protect consumer health and confidence. Strict regulations on labeling and marketing claims promote transparency, preventing misleading practices and providing consumers with accurate product information. Adherence to Good Manufacturing Practices (GMP) is essential for maintaining consistent product quality, fostering trust and reliability. Where necessary, product registration and approval processes ensure safety and efficacy evaluations before market entry.