
Cite this Article: Austin, Kat. “Global Mushroom Coffee Market Forcast to 2030” BecomeLucid.com, December 31, 2023, https://becomelucid.com/blogs/news/global-mushroom-coffee-market-forecast
Forget regular brews— mushroom coffee is taking the beverage world by storm! Once an obscure health elixir, it's now a mushroom coffee trend captivating consumers globally.
With a growing mushroom coffee market size, Europe, particularly Germany, is embracing various mushroom blends, while the Asia Pacific medicinal mushroom extract market thrives on their medicinal properties.
This mushroom coffee market is set to influence trends and transform coffee shops worldwide. Ready to explore the mushroom coffee market and its projected growth through 2030?
Let’s dive deeper into the exciting developments in this booming sector.
Table of Contents
Market Size Projection:
- According to a Market.US market analysis, the Global Mushroom Coffee Market reached USD 2.6 Billion in 2022.
- According to a Research and Markets report, the global mushroom coffee market is estimated to achieve a valuation of USD 4.12 billion by 2030, with an expected growth rate of 5.5% CAGR from 2023 to 2030.
- The market is forecasted to hit USD 4.3 Billion by 2032, displaying a robust Compound Annual Growth Rate (CAGR) of 5.4% between 2023 and 2032.
Drivers of Expansion:
- The market's upward trajectory is propelled by the surge in demand for ready-to-drink & premium coffees and the proliferation of coffee shops worldwide.
- Factors like heightened awareness regarding the medicinal advantages of mushrooms, enriched coffee experiences, and increased emphasis on ethical & sustainable sourcing practices contribute to the mushroom coffee surge.
- Mushroom coffee, presenting a distinctive and natural flavor profile, caters to consumers exploring diverse coffee options, including decaf or herbal blends, seeking a change from the norm.
Market Segmentation and Projections:
- Powdered forms of mushroom extract dominate the market. The powder form segment dominated with a 62.2% share in 2022 due to its extended shelf life, appealing to those wanting to stock up or maintain coffee reserves.
- The coffee source type affects market projections. Arabica dominates the market due to its smooth taste and texture compared to Robusta and Liberica.
- Different mushroom extract types experience different market conditions. Chaga mushroom extract held a significant share of 28.5% in 2022, offering an earthy, slightly bitter flavor that complements coffee, while the Lion's mane segment is forecasted to grow at 6.3% CAGR.
- Many consumers prefer decaffeinated mushroom coffee. The decaffeinated segment is anticipated to grow by 6.2% during the forecast period, providing health benefits minus caffeine stimulation, driving market expansion.
- Packaging also plays a role in market projections as consumers lean towards more eco-friendly options. The sachets packaging segment is expected to grow by 6.1% during the forecast period, ensuring freshness and flavor preservation in individually sealed sachets.
Insights by Region and Country:
- North America held the largest market share of 28.8% in 2022, buoyed by major market players' presence, an upsurge in functional food interest, alternative coffee choices, and a burgeoning health-conscious population.
- The Europe Mushroom Coffee Market is projected to grow at a 5.0% Compound Annual Growth Rate (CAGR) during the forecast period from 2023 to 2029.
- Germany dominated the Europe Mushroom Coffee Market in 2022 and is expected to continue being a dominant market until 2029, reaching a market value of $262.7 million by 2029.
- The UK market is estimated to grow at a CAGR of 4.1% during 2023 - 2029.
- France is projected to showcase a CAGR of 5.8% during 2023 - 2029.
- The European Union contributes around 27% of the world's total mushroom production.
- The Asia Pacific Mushroom Coffee Market is projected to experience a 5.7% Compound Annual Growth Rate (CAGR) during the forecast period from 2023 to 2029.
- The Asia Pacific Mushroom Coffee Market is expected to reach a value of $300 million by 2029.
- China dominated the Asia Pacific Mushroom Coffee Market in 2022 and is anticipated to maintain its dominance until 2029, reaching a market value of $300 million by 2029.
- Japan is estimated to grow at a CAGR of 5.1% during 2023 - 2029.
- India is predicted to exhibit a CAGR of 6.4% during 2023 - 2029.
Conclusion: Global Mushroom Market Outlook
In conclusion, the mushroom coffee market is rapidly expanding, driven by growing consumer interest in its health benefits and unique flavors. With significant growth in regions like Germany and the Asia Pacific medicinal mushroom extract market , the future looks promising for this innovative beverage. Stay tuned for more mushroom coffee news and trends shaping this vibrant market!
FAQ - Mushroom Coffee Market
How big is the mushroom coffee industry?
The mushroom coffee industry is rapidly growing and is estimated to be valued at over $2 billion by 2028. The rise in health-conscious consumers and the popularity of functional foods contribute to its expanding market.
Is mushroom coffee profitable?
Yes, mushroom coffee is highly profitable due to its niche market appeal, health benefits, and premium pricing. Companies can benefit from the increasing consumer demand for functional beverages that offer health advantages beyond regular coffee.
Is mushroom coffee really worth it?
Many consumers find mushroom coffee worth it due to its potential benefits, such as improved focus, reduced jitters compared to traditional coffee, and immune-boosting properties from medicinal mushrooms like Lion’s Mane and Chaga . However, the taste and effects may vary by individual.
Why is mushroom coffee trending?
Mushroom coffee is trending due to its combination of coffee's stimulating effects and the health benefits associated with medicinal mushrooms. As people seek alternatives to traditional coffee that reduce caffeine-related anxiety or digestive issues, this product has gained popularity in the wellness community.
What do doctors say about mushroom coffee?
Doctors are generally supportive of mushroom coffee if consumed in moderation, as it contains adaptogens and other compounds that may help improve cognitive function and reduce inflammation. However, they caution that more scientific research is needed to fully understand its long-term health effects.
What are the side effects of mushroom coffee?
Potential side effects of mushroom coffee can include mild digestive discomfort, allergic reactions (for those sensitive to mushrooms), and interactions with medications. Since it typically contains less caffeine than traditional coffee, users may also experience withdrawal symptoms if they are used to higher caffeine levels.