Lion’s Mane Mushroom Extract Market Size, Share, Growth, Industry Analysis, By Type (Herbal, Supplements and Others), By Application (Health, Wellness, Food and Others) and Regional Forecast to 2034.

LION'S MANE MUSHROOM EXTRACT MARKET OVERVIEW

The Global Lion's Mane Mushroom Extract Market size was valued at USD 1.11 Billion in 2025 and is expected to reach USD 2.12 Billion in 2034, reflecting a Compound Annual Growth Rate (CAGR) of 8.44% during the forecast period.

This mushroom gets its name from its appearance which looks like a lion's mane and it is used traditionally for medical purposes due to its various health benefits. The extract of this mushroom is noted to be a great natural supplement renowned for its cognitive and neurological benefits. Hence the lion's mane mushroom extract market is a growing industry with its growth largely driven by increasing awareness among the global population about the health benefits of this extract, rising popularity due to its functionality in the food and beverages industry and increasing demand for natural health products. Currently the North America region dominates this market as it holds 45% of the global lion's mane mushroom extract market shares.

GLOBAL CRISIS IMPACTING THE MARKET- US TARIFF IMPACT

US Tariffs Resulted in an Increase in The Price of the Product to The Customers

The implementation of tariffs on the lion's mane mushroom extract have resulted in an increase in the price of the product to the customers, leading to a decrease in purchase rate and overall market growth. Increased prices are greatly affecting the middle and lower middle class customers who rely on these extracts for health benefits. To mitigate this price hike, some customers are trying to purchase from local suppliers leading to the considerable growth of the local market. From the company’s end, some are trying to absorb the increased price in order to hold the dominant position in the market whereas some small and middle sized companies are pushing the price hike towards the customers as they operate on tight margins. This reveals that tariffs on the lion's mane mushroom extract industries have a negative impact on the market growth.

LATEST TRENDS

Advancement in Extraction Technology is the Latest Trend in the Industry

To enhance the bioavailability and yield, the lion's mane mushroom goes through a modern extraction method. Some of the notable ones include the dual solvent method which uses both water and ethanol for the extraction process just as the name suggests. The product obtained by this method is extremely concentrated. Another popular one is the Nano emulsification method where the extract is obtained by reducing the particle size, improving solubility, stability and bioavailability. These new advanced methods are playing a crucial role in obtaining high quality lion's mane mushroom extract which then helps with considerable increase in the market growth.

LION’S MANE MUSHROOM EXTRACT MARKET SEGMENTATION

BY TYPE

Based on Type, the global Lion’s Mane Mushroom Extract Market is categorized into Herbal, Supplement and Others.

• Herbal: The lion's mane mushroom extract is a well-known herbal ingredient used for a wide range of health applications. This extract is widely known to improve gut & nervous system health, immune function and reduce inflammation. When this extract is consumed according to the doctor's prescription it is known to help with regaining memory and reduce anxiety. These benefits and the growing demand for natural health products are the major reason for the rapid growth of the lion's mane mushroom extract as an herb among the global population.
• Supplement: Lion's mane mushroom extract is considered as a popular dietary supplement that is used in different forms to help with cognitive and neurological functions. As a supplement it is available in the form of capsules, powders, dosage and liquid extracts. As a supplement, the lion's mane mushroom extract is used to support cognitive and mood of the consumers and to improve both digestive and nervous system health. Due to these benefits, the market for this supplement has seen significant growth in recent years and this growth is further fueled by increasing popularity of natural supplements and rising demand for functional food among the consumer base.
• Others: Due to the potential therapeutic benefits, the lion's mane mushroom extract is now gaining attention in the pharmaceutical industries. These extracts are available in the form of capsules, powder and tinctures in pharmaceuticals and can be purchased directly or through a doctor's prescription. This shows the growing popularity of the lion's mane mushroom extract among the global population.

BY APPLICATION

Based on Application, the global Lion’s Mane Mushroom Market is categorized into Health, Wellness, Food and Others.

• Health: The lion's mane mushroom extract is gaining traction due to its increased application in the health industries where they are largely employed to treat brain related health such as memory, focus and other cognitive functions. Traditionally it was widely used in China to treat stress and anxiety. Modern research has had breakthroughs as a result it is now also used to treat gut health, to strengthen the immune system and to aid in nerve damage. Due to these benefits, the lion's mane mushroom extract is now increasingly available in pharmaceutical and medical stores and can be bought with a doctor's prescription. This availability is playing a huge role in increasing its sales and market growth in recent years.
• Wellness: Just like in the health sector, the lion's mane mushroom extract has found its application in the wellness industry as well. Some of its key applications include digestive health where it is used to treat gastrointestinal disorders such as inflammatory and bowel diseases, in mental health to alleviate the symptoms of anxiety and depression by stabilizing the mood and as antioxidants to protect the body from oxidative stress and inflammation. These applications are the major reason for the rapid use of lion's mane mushroom extract in wellness industries which is in turn fueling its market growth in the global platform.
• Food: Lion's mane mushroom and its extract have been traditionally used as food across various regions around the world. Some of the common foods which use these extracts include soups & stews for nutrition and flavor, in tea as tea blends to get unique flavor, in smoothies for health and also in coffee & chocolate to get unique flavor. As a result of these diverse applications, the market for these extract especially in the food and beverage industries have grown significantly in recent years leading to a considerable growth in its market as well.
• Others: Some of the other lesser known application of the lion's mane mushroom extract is in the cosmetic industries where they are employed anti- ageing extract as it helps with reducing premature ageing, to promote neuroplasticity, to reduce redness, itching and irritations of the skin and also to keep the skin hydrated. To carter to the customer’s preference for a natural ingredient in the cosmetics, numerous brands across the world have started incorporating the extracts from the lion's mane mushroom to experience its benefits, as a result, the market for these extracts particularly in the cosmetic sector have grown exponentially leading to the overall market growth for the lion's mane mushroom extract.

MARKET DYNAMICS

Market dynamics includes driving and restraining factor, opportunities and challenges stating the market conditions.

DRIVING FACTORS

Continuous Research is Driving the Market Growth

Since the lion's mane mushroom extract is widely employed for mental health, researchers are carrying out further research to find its full potential not only in the treatment of anxiety and depression but also in other mental illnesses. These studies are of great help to the doctors in treating the patients with any mental illnesses. Hence these research are playing a vital role in sales and growth of the lion's mane mushroom extract among the global population.

E-commerce Growth is Fueling the Market Growth

With the rapid digitalization of the world, the e-commerce platforms have also grown significantly and this has led to the purchase of lion's mane mushroom extract quite easy for the customers, as they can purchase in bulk or limited quantities by reviewing various companies based on price & quality and purchase the desired quality from the comfort of their home. Most online purchasing platforms offer door delivery options, thereby increasing the customer satisfaction. Hence e-commerce growth is a major factor helping the lion's mane mushroom extract market growth.

RESTRAINING FACTOR

Overhyped Marketing is Restraining the Market Growth

Due to its popularity there has been a surge in marketing in both online and offline platforms, which has led to spread of misinformation about the lion's mane mushroom extract as well without any research to back up those claims, customers who believe these claims might get disappointed when they do not get the intended results leading to decrease in sales and market growth. This misinformation could play a crucial role in permanently deterring the customers from purchasing the extract as well causing irreversible damage.

CHALLENGE

Side Effects of the Extract is Challenging the Market Growth

One other important factor that people should consider when consuming the lion's mane mushroom extract is its reaction to other medications and allergic reactions. Patients who take diabetic medications should be extra careful as these extracts are known to interact with the diabetic medications causing side effects. It is also universally noted that some people are genetically allergic to mushrooms so irrespective of its benefits they are forbidden from ever consuming these extracts as they can lead to life altering side effects. These factors, although rare, have a significant negative impact and challenge the steady growth of the market.

OPPORTUNITY

Emerging Economies is Opening New Opportunities for the Market Growth

Apart from the three major regions, the lion's mane mushroom extract has entered the Latin America and Middle East and Africa market in recent years. In these regions, the extract has made its way into their food, medicine and cosmetic industries, though the penetration into these industries is relatively slow but it has already contributed to a significant rise in the global market growth in the last couple of years. This shows that emerging economies play a crucial role in the growth and development of the lion's mane mushroom extract market.

LION’S MANE MUSHROOM EXTRACT MARKET REGIONAL INSIGHT

• NORTH AMERICA (US)

The United States lion’s mane mushroom extract market is considered as the dominant player in the word and its dominance is greatly fueled by growing awareness among the people in this region about its health benefits, increase of its usage in food industry and rapid e-commerce growth in recent years. As a result, the market in this region was valued at 150 million USD in 2025 and with growing demand in cosmetic and health industries the market for lion’s mane mushroom extract is expected to have an upward trajectory in coming years.

• EUROPE

The Europe lion's mane mushroom extract market has seen considerable growth in recent years and this growth was fueled by rising popularity of functional food, growing awareness in using these products for various health benefits and increasing awareness about the cognitive benefits of consuming these extracts. Germany, France and the UK are the leading players in this market. In 2024, the Europe market was noted to hold 30% of the global market revenue.

• ASIA

The Asia-Pacific region has a rapidly growing lion's mane mushroom extract market and this rapid growth is fueled by increasing popularity of the lion's mane mushroom extract supplements, growing awareness about its health benefits and use in food and beverage industries. As a result, the market in this region is anticipated to reach 400 million USD by 2034 from its value of 150 million USD in 2024. China, Japan and South Korea are the major contributors to the market growth in this region. Continuous research in this industry is expected to further help with its market growth in the years to come.

KEY INDUSTRY PLAYERS

Key Industry Players Shaping the Market Through Innovation and Market Expansion

The key industry players are often termed as dominant players in the global lion's mane mushroom extract market. They keep up with trends that took place recently in the industry, which helped with a boost of sales and market growth. These players find funds and investment to carry out research in order to come up with new and innovative products or solutions that could help with market growth. They are also responsible for the smooth distribution and supply of the products to the end users and they come up with new strategies to boost sales and market growth at times of decline in the industry.

LIST OF KEY LION'S MANE MUSHROOM EXTRACT COMPANIES

• Real Mushrooms (Canada)
• Biofinest (U.S.)
• Hybrid Herbs (U.K.)
• Teelixir (Australia)
• Terrasoul Superfoods (U.S.)
• Activa Naturals (U.S.)
• Na'vi Organics Ltd. (U.K.)
• Nutri Fungi (U.S.)
• Om Mushroom Superfood (U.S.)
• Time Health (U.K.)

KEY INDUSTRY DEVELOPMENT

January 2024: Hericpride, a leading supplier of lion's mane mushroom extract, announced the launch of their new standardized extract called Hericenone-K at the NBDA conference. This new extract is found to have 5 times the amount of hericenones, an active compound responsible for neuro-regenerative effective.

REPORT COVERAGE

This report covers the basis of the lion's mane mushroom extract industries and its market on the global scale. Then the report briefly covers the trends that took place recently in the industry and the impact of tariffs on the market growth.

Then it dives into the segmentation of the lion's mane mushroom extract market on the basis of type and application. The role of driving factors and opportunities in the growth of the market and the impact of restraining factors and challenges in the decline of the market.

Lastly the report covers the regional insight of the lion's mane mushroom extract market. The role of key industry players and the key industry development that took place recently in the industry.