Latin America Reishi Mushroom Market Size & Outlook
The reishi mushroom market in Latin America is expected to reach a projected revenue of US$ 399.7 million by 2030. A compound annual growth rate of 11.1% is expected of Latin America reishi mushroom market from 2024 to 2030.
Revenue, 2023 (US$M)
$191.5
Forecast, 2030 (US$M)
$399.7
CAGR, 2024 - 2030
11.1%
Report Coverage
Latin America
Latin America reishi mushroom market, 2018-2030 (US$M)
Latin America reishi mushroom market highlights
- The Latin America reishi mushroom market generated a revenue of USD 191.5 million in 2023.
- The market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, organic was the largest revenue generating nature in 2023.
- Organic is the most lucrative nature segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 191.5 million |
| Market revenue in 2030 | USD 399.7 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Organic |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic |
| Key market players worldwide | Bio-Botanica, Hokkaido Pharmaceutical Association Public Health Examination Center, Mushroom Science, North American Medicinal Mushroom Extracts |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.1% of the global reishi mushroom market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 3,944.1 million by 2030.
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Reishi Mushroom Market Scope
Reishi mushroom market segmentation & scope
Application
Dietary Supplements
Pharmaceutical
Cosmetics
Others (Personal Care, Furnishings)
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Reishi Mushroom Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America reishi mushroom market
Related regional statistics
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