Italy Functional Mushroom Market Size & Outlook, 2023-2030
Italy functional mushroom market, 2018-2030 (US$M)
Related Markets
Italy functional mushroom market highlights
- The Italy functional mushroom market generated a revenue of USD 2,317.5 million in 2023 and is expected to reach USD 4,648.4 million by 2030.
- The Italy market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, shiitake was the largest revenue generating product in 2023.
- Reishi is the most lucrative product segment registering the fastest growth during the forecast period.
Functional mushroom market data book summary
| Market revenue in 2023 | USD 2,317.5 million |
| Market revenue in 2030 | USD 4,648.4 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Shiitake |
| Fastest growing segment | Reishi |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reishi, Cordyceps, Lions Mane, Turkey Tail, Shiitake, Chaga |
| Key market players worldwide | Way Of Will, M2 Ingredients, Monterey Mushrooms, REBBL, SoTru, North American Medicinal Mushroom Extracts, Monaghan |
Other key industry trends
- In terms of revenue, Italy accounted for 7.3% of the global functional mushroom market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy functional mushroom market is projected to lead the regional market in terms of revenue in 2030.
- Poland is the fastest growing regional market in Europe and is projected to reach USD 2,314.7 million by 2030.
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Functional Mushroom Market Scope
Functional Mushroom Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy functional mushroom market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to functional mushroom market will help companies and investors design strategic landscapes.
Shiitake was the largest segment with a revenue share of 32.75% in 2023. Horizon Databook has segmented the Italy functional mushroom market based on reishi, cordyceps, lions mane, turkey tail, shiitake, chaga covering the revenue growth of each sub-segment from 2018 to 2030.
The popularity of shiitake mushrooms is increasing in Italy owing to their rich savory flavor and various health benefits. The demand for functional mushrooms from the food industry is expected to increase owing to the rising demand for functional mushrooms for the preparation of soups and risotto.
The anti-aging properties of functional mushrooms—owing to its high antioxidant compounds—are being highly utilized in the Italian cosmetics and personal care industry. This medicinal property of functional mushroom extract is used to formulate various skin and hair care products.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy functional mushroom market , including forecasts for subscribers. This country databook contains high-level insights into Italy functional mushroom market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy functional mushroom market size, by product, 2018-2030 (US$M)
Italy Functional Mushroom Market Outlook Share, 2023 & 2030 (US$M)
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