Turkey Tail Mushroom Market – Global Health Food Demand Drives 45% Growth in Medicinal Mushrooms | Industry Analysis and Forecast (2024-2030)

Turkey Tail Mushroom Market was valued at USD 3.10 Billion in 2023, and the global revenue is expected to grow at a CAGR of 8.82% from 2024 to 2030, reaching nearly USD 5.61 Billion by 2030.
Turkey Tail Mushroom Market Overview:
Turkey tail (Coriolus versicolor) is a type of medicine mushroom it include polysaccharide krestin (PSK) and polysaccharide peptide (PSP). Turkey tail mushroom grow up on stumps and the decomposing wood of trees. The PSK and PSP in turkey tail mushroom help slow cancer growth and increase the immune system. Turkey tail mushrooms are respected first and foremost a medicinal mushroom.
Globally, mushrooms have become popular over the periods for their nutraceutical properties. Mushrooms belong to the Basidiomycetes and Ascomycetes group of fungi and find their nutrition by proceeding as parasites, symbionts or saprotrophs Turkey tail mushroom has a history of use in conventional medicine in Asian and Europe. Companies are increasingly aiming on innovative product growth to cater to the evolving tastes and demand of consumers. This contains the creation of new product formats like capsules, gummies, powders, and liquid extracts. Moreover, there is a trend towards relating turkey tail mushrooms with other health-boosting materials to create synergistic effects, appealing to a broader buyer base.

Demand for Mushroom Industry:



During 2023 and 2025, as global mushroom production is expected to reach 46.5 million tonnes in 2023 and grow to 48.5 million tonnes by 2025, Turkey Tail mushrooms are expected to benefit from the growing consumer interest in functional foods and natural remedies. As more agricultural systems obtain to meet this rising demand, Turkey Tail mushroom market development could see significant increases, contributing to the global growth of the mushroom industry. In economies like the United States, Canada, and European countries, demand for functional mushrooms such as Turkey Tail has been rising, driven by the growing wellness and alternative medicine sectors. Although global mushroom production in general focuses on common edible varieties like button and oyster mushrooms, Turkey Tail mushroom market is part of the expanding industry for medicinal mushrooms, which are gaining traction in both natural health products and dietary supplements.
Turkey Tail Mushroom Market Dynamics:
The MMR report covers all the trends and technologies playing a major role in the growth of the Turkey Tail mushroom market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the Turkey Tail mushroom market growth during 2024-2030.

The functional foods and beverages Industry has been growing rapidly, driven by the increasing awareness of the role of diet in health. Turkey tail mushrooms are being merged into a collection of functional food products, with smoothies, health drinks, and snack bars. Their probable to support the immune system and improve gut health makes them an attractive ingredient for companies looking to capitalize on the health-conscious consumer market.

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The turkey tail mushroom market has been growing rapidly, driven by the rising awareness of the role of diet in health. Turkey tail mushrooms are being integrated into a variety of functional food products, with health drinks, smoothies, and snack bars. Turkey tail mushrooms are rich in bioactive compounds like beta-glucans, which is called to improve immune function. Studies have shown that beta-glucans can accelerate the activity of natural killer cells and macrophages, which play key roles in defending the body beside pathogens and abnormal cells. Additionally, turkey tail mushrooms contain prebiotics that promote gut health by nourishing beneficial gut bacteria. The rapid growth of the functional foods and beverages industry presents a substantial opportunity for turkey tail mushroom products. With their proven health benefits and increasing consumer interest, turkey tail mushrooms are well-positioned to become a principal ingredient in the diets of health-conscious consumers.

Growing e-commerce and digital marketing present substantial opportunities for the turkey tail mushroom market. Online retail platforms offer an efficient channel for reaching a wide audience, mainly younger, tech-savvy consumers who fancy shopping online. Leveraging digital marketing strategies, containing influencer partnerships, social media campaigns, and content marketing, can help brands expansion their visibility and drive sales.

However, a gap between demand and supply is produced due to a need for more proper manufacturing skills, which will slow the turkey tail mushroom market's growth rate. Moreover, environmental concerns and the product's short shelf life will present challenges to the turkey tail mushroom market for medicinal mushrooms during the forecast period.
Turkey Tail Mushroom Market Trends:
1. Growing requirement for immune-boosting products: Many people are becoming healthier and would wish to keep themselves going naturally by boosting their immune levels, Turkey Tail Mushroom product demand is on the rise in terms of supplements, tea, and other health products.

2. Interest in Natural and Organic Remedies: As consumer's growing interest to natural and organic solutions takes the form of a rejection of synthetics and an increasing move toward plant-based and natural remedies; the Turkey Tail Mushroom Market tends to fit well into this increased trend, especially in the holistic health sector, as the mushroom is prized not only for its medicinal properties but also for health benefits.

3. The medical mushroom industry is growing and, in turn, growth for the Turkey tail mushroom market is brought as this mushroom is added to health drinks, smoothies, protein bars, etc. thanks to the health benefits of supporting gut health and boosting the immunity of consumers.

4. Social media and Influencers: The most significant factor driving the Market awareness will be social media and wellness influencers. As they share the health benefits related with Turkey Tail mushrooms, it increases visibility and consumer demand.

5. Sustainability and Ethical Source: Thanks to increased environmental consciousness, consumers have also been demanding products that are sustainably sourced with ethically harvested ones. Turkey Tail mushroom market can welcome this kind of change because such mushrooms are naturally available and can be cultivated with minimal efforts hence more eco-friendly.
Turkey Tail Mushroom Market Segmentation Analysis:
By Nature, the Turkey Tail Mushroom Market is segmented into organic and conventional, in which Conventional accounted for 83.45% of the market share in 2023. Conventional turkey tail mushrooms advantage from well-established supply chains that have been resulted over the years. These supply chains confirm efficient distribution and availability in many markets worldwide. The occurring infrastructure for conventional mushrooms makes it easier for producers to reach a extensive audience, maintaining Market dominance.



During the forecast period, organic turkey tail mushroom market segment is expected to grow at a CAGR of 9.24%. The demand for organic products is mainly strong among parents, elderly consumers, and entities with health conditions who are more cautious about the quality and safety of their food.

Based on Application, Turkey Tail Mushroom Market is divided into two categories: Food & Beverages, Dietary Supplements, Pharmaceuticals, Others. The Food & Beverages segment expected to grow highest CAGR during 2024-2030. This growth is driven by increasing trend towards functional foods that have a positive effect on health beyond basic nutrition. Turkey tail mushrooms fit well into this category, as they provide various health benefits and can be included into a wide range of products. Turkey tail mushrooms are packed with bioactive compounds, specifically polysaccharide-K (PSK) and polysaccharopeptides (PSP). These compounds have been presented to have anti-inflammatory, immune-boosting, and antioxidant properties. These mushrooms include prebiotic fibres that boost the growth of beneficial gut bacteria.
Turkey Tail Mushroom Market Regional Analysis:
Asia-Pacific region held the largest Turkey Tail Mushroom Market share in 2023 and expected to highest CGAR of 9.11% over 2024-2030. The increased demand for Turkey Tail Mushroom in the APAC is driven by their popularity as functional foods and potential health benefits. These mushrooms are pursued after in the food and beverage sector owing to their nutritional value and are increasingly being incorporated into regular diets as a healthy food choice. As consumers become more aware of the importance of a nutritious diet, the demand for functional mushrooms continues to growth. This trend is proved by the recognition of these mushrooms as appreciated ingredients that can increase the nutritional profile of many food and beverage products.

North America, mainly the United States, has a strong sports and fitness culture extremely ingrained in its society. This culture helps a high level of awareness and adoption of sports nutrition supplements such as fitness enthusiasts, creatine among athletes, and the general population requesting health and performance benefits.

Key Insight China Turkey Tail Mushroom Market:



Year
Growth Rate (CAGR)
Demand Side
Supply Side


2021

7.12%
Increasing demand for health-focused products, particularly in immune health, gut health, and functional foods
Moderate, steady supply from local and international sources


2022

7.82%
Growing demand for natural and organic health products
Moderate to High, increasing production and availability


2023

8.27%
Consistent demand, particularly in functional food products and supplements
High supply capacity, greater availability


2024
8.94%
Expanding demand driven by functional foods and supplements
High, supply stability with room for growth



Turkey Tail Mushroom Market Country wise Analysis:

Turkey tail mushrooms have a rich history in traditional Asian medicine, mainly in countries like China and Japan. Known as Yun Zhi in Chinese medicine, these mushrooms have been used for periods to enhance immune health and treat many ailments. The deep cultural acceptance of mushrooms as medicinal agents in these regions fosters the repeated use and integration of turkey tail mushrooms in modern health practices. This longstanding tradition supports the developing adoption of turkey tail mushrooms in both traditional and contemporary wellness solutions across APAC.

In the U.S., the Turkey Tail Mushroom Market is expected to grow at a robust CAGR of 10.1% from 2024 to 2030. The market for functional foods and dietary supplements is rapidly expanding in North America, driven by a shift towards health-conscious consumption. Consumers are increasingly requesting foods and supplements that proposal health benefits beyond basic nutrition, with a prominence on immune support and overall well-being. Turkey tail mushrooms, valued for their immune-boosting properties, are being included into a wide range of products, like teas, powders, and capsules, making them certainly accessible to a broader audience. The development demand for functional foods and dietary supplements is a major factor driving the surge in turkey tail mushroom consumption in the U.S. and North America.

Turkey Tail Mushroom Market Competitive Landscape

This section of the report includes investment plans of Market key competitors and strategies to increase their presence in the industry. The Market report includes a detailed analysis of the collaborations, mergers, acquisitions, and joint ventures taking place in the industry.

 In Feb 2024, Nammex, a supplier of mushroom extracts, increased its cultivation of turkey tail mushrooms in reaction to an exponential upsurge in demand. The company created 8,000 kilos in 2021 of dried mushrooms, which fuelled to 12,000 kilos in 2022 and 30,000 kilos in 2023.
Turkey Tail Mushroom Market Scope:Inquire Before Buying



Global Turkey Tail Mushroom Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
USD 3.1 Bn.


Forecast Period 2024 to 2030 CAGR:
8.82%
Market Size in 2030:
USD 5.61 Bn.


 Segments Covered:
by Nature
Organic
Conventional


by Application
Food & Beverages
Dietary Supplements
Pharmaceuticals
Others



Turkey Tail Mushroom Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Turkey Tail Mushroom Market, Key Players
North America:
1. Nammex
2. Aloha Medicinals
3. Mushroom Science
4. Om Mushrooms
5. Terrasoul Superfoods
6. Z Natural Foods
7. Real Mushrooms
8. Host Defense
9. NOW Foods
Europe:
1. Hawlik Gesundheitsprodukte GmbH
2. Mycology Research Laboratories (MRL)
3. Nature Empowered
4. New Chapter
5. Fungi Perfecti
Asia Pacific:
6. Oriveda Mushroom Extracts
7. Life Cykel.
8. Others

Frequently Asked Questions:

1] What segments are covered in the Global Turkey Tail Mushroom Market report?
Ans. The segments covered in the Global Turkey Tail Mushroom Market report are based on Nature and Application.

2] Which region is expected to hold the highest share in the Global Market?
Ans. Asia Pacific is expected to hold the highest share of the Global Market.

3] Who are the Turkey Tail Mushroom Market key competitors in the Industry?
Ans. Nammex, Aloha Medicinals, Mushroom Science, Om Mushrooms are the key players in the Global Turkey Tail Mushroom Market.

4] Which segment is expected to hold the largest market share by 2030?
Ans. The Food & Beverages application segment hold the largest market share in the Global  market by 2030.

5] What is the market size of the Global Turkey Tail Mushroom market by 2030?
Ans. The market size of the Global Turkey Tail Mushroom market is USD 5.61 Bn by 2030.

6] What was the market size of the Global Turkey Tail Mushroom market in 2023?
Ans. The market size of the Global Turkey Tail Mushroom market was worth USD 3.10 Bn in 2023.