Philippines Functional Mushroom Market to 2032

Overview

The Philippines Functional Mushroom Market is expected to reach a 4.17 USD Million by 2032 and is projected to grow at a CAGR of 6.91% from 2025 to 2032.

Revenue, 2024 (USD Million)

2.96

Forecast, 2032 (USD Million)

4.17

CAGR, 2024 - 2032

6.91%

Report Coverage

Philippines

Philippines Functional Mushroom Market 2018-2032 USD Million

Philippines Functional Mushroom Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 2.96 USD Million
Projected Market Size (2032): 4.17 USD Million
CAGR (2025-2032): 6.91%

Key Findings of Philippines Functional Mushroom Market

The Philippines Functional Mushroom Market was valued at 2.96 USD Million in 2024.
The Philippines Functional Mushroom Market is likely to grow at a CAGR of 6.91% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Bed Cultivated in Cultivation Method Segment accounted for the largest share of the market with a revenue of 1.94 USD Million
The fastest growing segment Pharmaceutical in Application Segment grew Fastest with a CAGR of 8.22% during the forecast period from 2024 to 2032.

Philippines Functional Mushroom Market Scope

Philippines Functional Mushroom Market Segmentation & Scope

Application

Others
Personal Care
Sports Nutrition
Nutraceutical
Dietary Supplements
Food & Beverages
Pharmaceutical

Cultivation Method

Log/Wood Cultivated
Bed Cultivated

Nature

Organic
Conventional

Philippines Functional Mushroom Market Data Coverage Insights

Study Period	2024-2032
Base Year	2020
Unit	Revenue in USD Million
Market Value in 2024	2.96 USD Million
Market Value in 2032	4.17 USD Million
CAGR (2025-2032)	6.91%
Historic Data	2016-2023
Market Segments Covered	Application,Cultivation Method ,Nature,Category,Product Type,Species

Regional Insights:

Leading Market (2024-2032): Philippines, leading in terms of revenue 2.96 USD Million in 2024
- Key Country: Philippines, leading in terms of revenue with value of 2.96 USD Million in 2024.

Segments and Scope

Philippines Functional Mushroom Market to 2032, By Application
- Pharmaceutical is the largest segment in Philippines Functional Mushroom Market to 2032 with a revenue of 0.84 USD Million in the year 2024.
- Pharmaceutical is the Fastest growing segment in Philippines Functional Mushroom Market to 2032 with a Growth rate of 8.22 % in forecast period 2025-2032.
Philippines Functional Mushroom Market to 2032, By Cultivation Method
- Bed Cultivated is the largest segment in Philippines Functional Mushroom Market to 2032 with a revenue of 1.94 USD Million in the year 2024.
- Bed Cultivated is the Fastest growing segment in Philippines Functional Mushroom Market to 2032 with a Growth rate of 7.17 % in forecast period 2025-2032.
Philippines Functional Mushroom Market to 2032, By Nature
- Conventional is the largest segment in Philippines Functional Mushroom Market to 2032 with a revenue of 1.67 USD Million in the year 2024.
- Conventional is the Fastest growing segment in Philippines Functional Mushroom Market to 2032 with a Growth rate of 7.30 % in forecast period 2025-2032.
Philippines Functional Mushroom Market to 2032, By Category
- Regular is the largest segment in Philippines Functional Mushroom Market to 2032 with a revenue of 1.71 USD Million in the year 2024.
- Regular is the Fastest growing segment in Philippines Functional Mushroom Market to 2032 with a Growth rate of 7.28 % in forecast period 2025-2032.
Philippines Functional Mushroom Market to 2032, By Product Type
- Cultivated is the largest segment in Philippines Functional Mushroom Market to 2032 with a revenue of 1.60 USD Million in the year 2024.
- Cultivated is the Fastest growing segment in Philippines Functional Mushroom Market to 2032 with a Growth rate of 7.48 % in forecast period 2025-2032.
Philippines Functional Mushroom Market to 2032, By Species
- Shiitake is the largest segment in Philippines Functional Mushroom Market to 2032 with a revenue of 0.82 USD Million in the year 2024.
- Shiitake is the Fastest growing segment in Philippines Functional Mushroom Market to 2032 with a Growth rate of 8.04 % in forecast period 2025-2032.

Philippines Functional Mushroom Market Company Share Analysis

Company Name
Monterey Mushrooms, LLC
Monaghan Group
YUKIGUNI MAITAKE Co.,Ltd.
Shandong Qihe Biotechnology Co., Ltd.

Philippines Functional Mushroom Market Geographical Sales Distribution, 2018-2032 USD Million

Philippines Functional Mushroom Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Philippines Functional Mushroom Market?

The Philippines Functional Mushroom Market is segmented based on Segmentation Application,Cultivation Method ,Nature,Category,Product Type,Species.

What is the current market size of the Philippines Functional Mushroom Market?

Philippines Functional Mushroom Market was valued at USD 2.96(Revenue in USD Million) in 2020.

What is the expected growth rate of the Philippines Functional Mushroom Market?

Philippines Functional Mushroom Market is projected to grow at a CAGR of 6.91% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Philippines Functional Mushroom Market?

The Bed Cultivated segment is expected to dominate the Philippines Functional Mushroom Market, holding a largest market share of 1.94 USD Million in 2024