The global medicinal mushroom market has witnessed constant demand during the last few years and is projected to reach 7,246,936 tons at a CAGR of 12.60% by 2023. Medicinal mushroom is an edible specialty mushroom which has various medicinal benefits associated with them. It is commonly used in the preparation of various cuisines of East Asia. High nutritional value, as well as the medicinal value associated with the medicinal mushroom, is increasing its application in pharmaceutical industry. Various immunological and anti-cancer properties of medicinal mushroom have attracted the interest of many pharmaceutical companies, which are viewing medicinal mushroom as a rich source of innovative biomedical molecules. Moreover, increasing popularity of medicinal mushroom in cosmetics is adding fuel to the growth of the medicinal mushroom market. High consumption of medicinal mushroom in Asia Pacific, mainly in China is influencing the market growth since last few years.
