South Africa Functional Mushroom Powder Market to 2032

Overview

The South Africa Functional Mushroom Powder Market is expected to reach a 28.29 USD Million by 2032 and is projected to grow at a CAGR of 6.97% from 2025 to 2032.

Revenue, 2024 (USD Million)
19.14
Forecast, 2032 (USD Million)
28.29
CAGR, 2024 - 2032
6.97%
Report Coverage
South Africa

South Africa Functional Mushroom Powder Market 2018-2032 USD Million

South Africa Functional Mushroom Powder Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 19.14 USD Million
  • Projected Market Size (2032): 28.29 USD Million
  • CAGR (2025-2032): 6.97%

Key Findings of South Africa Functional Mushroom Powder Market

  • The South Africa Functional Mushroom Powder Market was valued at 19.14 USD Million in 2024.
  • The South Africa Functional Mushroom Powder Market is likely to grow at a CAGR of 6.97% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Non-GMO in Category Segment accounted for the largest share of the market with a revenue of 14.92 USD Million
  • The fastest growing segment Pharmaceutical and Medicinal in Application Segment grew Fastest with a CAGR of 8.81% during the forecast period from 2024 to 2032.

South Africa Functional Mushroom Powder Market Scope

South Africa Functional Mushroom Powder Market Segmentation & Scope
Application
  • Others
  • Livestock Feed
  • Veterinary
  • Cosmetic
  • Personal Care
  • Sports Nutrition
  • Nutraceutical
  • Dietary Supplements
  • Food & Beverages
  • Pharmaceutical and Medicinal
Species
  • Others
  • Agaricus Subrufescens (Almond Mushroom)
  • Tremella
  • Maitake
  • Shiitake
  • Turkey Tail
  • Chaga
  • Cordyceps
  • Lion's Mane
  • Reishi
Cultivation Method
  • Others
  • Cultivation on wood shavings
  • Cultivation on saw dust using tray
  • Cultivation on logs
  • Cultivation using Polythene Bags
Category
  • GMO
  • Non-GMO
Mushroom Part
  • Mushroom Mycelium
  • Mushroom Stem
  • Mushroom Cap
Product Type
  • Wild
  • Cultivated
Product Category
  • Others
  • Regular Mushroom Powder
  • Powderized Fruiting Body
  • Full Spectrum Mushroom Powder
Nature
  • Organic
  • Conventional

South Africa Functional Mushroom Powder Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 19.14 USD Million
Market Value in 2032 28.29 USD Million
CAGR (2025-2032) 6.97%
Historic Data 2016-2023
Market Segments Covered Application,Species,Cultivation Method,Category,Mushroom Part,Product Type,Product Category,Nature

Regional Insights:

  • Leading Market (2024-2032): South Africa, leading in terms of revenue 19.14 USD Million in 2024
    • Key Country: South Africa, leading in terms of revenue with value of 19.14 USD Million in 2024.

Segments and Scope

  • South Africa Functional Mushroom Powder Market to 2032, By Application
    • Pharmaceutical and Medicinal is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 3.92 USD Million in the year 2024.
    • Pharmaceutical and Medicinal is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 8.81 % in forecast period 2025-2032.
  • South Africa Functional Mushroom Powder Market to 2032, By Species
    • Reishi is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 4.43 USD Million in the year 2024.
    • Reishi is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 8.17 % in forecast period 2025-2032.
  • South Africa Functional Mushroom Powder Market to 2032, By Cultivation Method
    • Cultivation using Polythene Bags is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 6.43 USD Million in the year 2024.
    • Cultivation using Polythene Bags is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 7.46 % in forecast period 2025-2032.
  • South Africa Functional Mushroom Powder Market to 2032, By Category
    • Non-GMO is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 14.92 USD Million in the year 2024.
    • Non-GMO is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 7.23 % in forecast period 2025-2032.
  • South Africa Functional Mushroom Powder Market to 2032, By Mushroom Part
    • Mushroom Cap is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 8.00 USD Million in the year 2024.
    • Mushroom Cap is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 7.78 % in forecast period 2025-2032.
  • South Africa Functional Mushroom Powder Market to 2032, By Product Type
    • Cultivated is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 10.71 USD Million in the year 2024.
    • Cultivated is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 7.33 % in forecast period 2025-2032.
  • South Africa Functional Mushroom Powder Market to 2032, By Product Category
    • Full Spectrum Mushroom Powder is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 6.65 USD Million in the year 2024.
    • Full Spectrum Mushroom Powder is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 7.27 % in forecast period 2025-2032.
  • South Africa Functional Mushroom Powder Market to 2032, By Nature
    • Conventional is the largest segment in South Africa Functional Mushroom Powder Market to 2032 with a revenue of 11.18 USD Million in the year 2024.
    • Organic is the Fastest growing segment in South Africa Functional Mushroom Powder Market to 2032 with a Growth rate of 6.86 % in forecast period 2025-2032.

South Africa Functional Mushroom Powder Market Company Share Analysis

 
Company Name Company Share Analysis
Monterey Mushrooms, LLC
Nammex (North American Medicinal Mushroom Extracts)
M2 Ingredients
Aloha Medicinals
Far West Fungi
South Africa Functional Mushroom Powder Market Company Share Analysis

South Africa Functional Mushroom Powder Market Geographical Sales Distribution, 2018-2032 USD Million

South Africa Functional Mushroom Powder Market Geographical Sales Distribution, 2018-2032 USD Million

South Africa Functional Mushroom Powder Market Company Profiling

South Africa Functional Mushroom Powder Market Company Profiling
Frequently Asked Questions
The South Africa Functional Mushroom Powder Market is segmented based on Segmentation Application,Species,Cultivation Method,Category,Mushroom Part,Product Type,Product Category,Nature.
South Africa Functional Mushroom Powder Market was valued at USD 19.14(Revenue in USD Million) in 2021.
South Africa Functional Mushroom Powder Market is projected to grow at a CAGR of 6.97% during the forecast period of 2024 to 2032.
The Non-GMO segment is expected to dominate the South Africa Functional Mushroom Powder Market, holding a largest market share of 14.92 USD Million in 2024

South Africa Functional Mushroom Powder Market Scope

South Africa Functional Mushroom Powder Market Segmentation & Scope
Application
  • Others
  • Livestock Feed
  • Veterinary
  • Cosmetic
  • Personal Care
  • Sports Nutrition
  • Nutraceutical
  • Dietary Supplements
  • Food & Beverages
  • Pharmaceutical and Medicinal
Species
  • Others
  • Agaricus Subrufescens (Almond Mushroom)
  • Tremella
  • Maitake
  • Shiitake
  • Turkey Tail
  • Chaga
  • Cordyceps
  • Lion's Mane
  • Reishi
Cultivation Method
  • Others
  • Cultivation on wood shavings
  • Cultivation on saw dust using tray
  • Cultivation on logs
  • Cultivation using Polythene Bags
Category
  • GMO
  • Non-GMO
Mushroom Part
  • Mushroom Mycelium
  • Mushroom Stem
  • Mushroom Cap
Product Type
  • Wild
  • Cultivated
Product Category
  • Others
  • Regular Mushroom Powder
  • Powderized Fruiting Body
  • Full Spectrum Mushroom Powder
Nature
  • Organic
  • Conventional
Frequently Asked Questions
The South Africa Functional Mushroom Powder Market is segmented based on Segmentation Application,Species,Cultivation Method,Category,Mushroom Part,Product Type,Product Category,Nature.
South Africa Functional Mushroom Powder Market was valued at USD 19.14(Revenue in USD Million) in 2021.
South Africa Functional Mushroom Powder Market is projected to grow at a CAGR of 6.97% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Functional Mushroom Powder Market for final year is USD 28.29 (USD Million).

South Africa Functional Mushroom Powder Market Company Profiling

South Africa Functional Mushroom Powder Market Company Profiling
Frequently Asked Questions
The South Africa Functional Mushroom Powder Market is segmented based on Segmentation Application,Species,Cultivation Method,Category,Mushroom Part,Product Type,Product Category,Nature.
South Africa Functional Mushroom Powder Market was valued at USD 19.14(Revenue in USD Million) in 2021.
South Africa Functional Mushroom Powder Market is projected to grow at a CAGR of 6.97% during the forecast period of 2024 to 2032.
The estimated market value of the South Africa Functional Mushroom Powder Market for final year is USD 28.29 (USD Million).

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