Product Code: ETC8845383 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The medicinal mushroom market in the Philippines is growing due to increasing consumer awareness of the health benefits of fungi such as reishi, shiitake, and cordyceps. The demand for natural and immune-boosting supplements is fueling market expansion. Local and international players are investing in cultivation and product development, with e-commerce playing a vital role in product accessibility.
The rising consumer preference for natural and functional health products has fueled the growth of the medicinal mushroom market in the Philippines. Medicinal mushrooms such as reishi, lions mane, and cordyceps are gaining popularity for their immune-boosting and anti-inflammatory properties. The expansion of the health and wellness industry, along with growing awareness of traditional medicine, has driven market demand. Additionally, the increasing use of medicinal mushrooms in dietary supplements and pharmaceutical applications has contributed to market expansion.
The medicinal mushroom market in the Philippines struggles with inconsistent product quality and the presence of counterfeit products. The lack of standardized regulations on mushroom-based supplements affects consumer trust. Additionally, competition from synthetic pharmaceutical alternatives limits market growth. Supply chain disruptions and environmental factors affecting mushroom cultivation also pose challenges.
The medicinal mushroom market in the Philippines is expanding due to increased consumer interest in natural health supplements. Investments in organic mushroom cultivation, extraction technologies, and branded health products can yield high returns. The demand for immune-boosting and anti-inflammatory supplements provides opportunities for exports and local retail distribution.
The Department of Agriculture (DA) and the Bureau of Plant Industry (BPI) regulate the cultivation and commercialization of medicinal mushrooms. The government encourages the development of this sector through agricultural grants, farm-to-market initiatives, and organic certification programs. Mushroom-based supplements and pharmaceuticals must also comply with FDA regulations to ensure safety and efficacy before they can be marketed.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Medicinal Mushroom Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Medicinal Mushroom Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Medicinal Mushroom Market - Industry Life Cycle |
3.4 Philippines Medicinal Mushroom Market - Porter's Five Forces |
3.5 Philippines Medicinal Mushroom Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Medicinal Mushroom Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Medicinal Mushroom Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Medicinal Mushroom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Medicinal Mushroom Market Trends |
6 Philippines Medicinal Mushroom Market, By Types |
6.1 Philippines Medicinal Mushroom Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Medicinal Mushroom Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Philippines Medicinal Mushroom Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Philippines Medicinal Mushroom Market Revenues & Volume, By Inorganic, 2021- 2031F |
6.2 Philippines Medicinal Mushroom Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Medicinal Mushroom Market Revenues & Volume, By Powder, 2021- 2031F |
6.2.3 Philippines Medicinal Mushroom Market Revenues & Volume, By Tablet, 2021- 2031F |
6.2.4 Philippines Medicinal Mushroom Market Revenues & Volume, By Capsules, 2021- 2031F |
6.2.5 Philippines Medicinal Mushroom Market Revenues & Volume, By Tinctures, 2021- 2031F |
6.3 Philippines Medicinal Mushroom Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Medicinal Mushroom Market Revenues & Volume, By Cancer Treatment, 2021- 2031F |
6.3.3 Philippines Medicinal Mushroom Market Revenues & Volume, By Cardiovascular, 2021- 2031F |
6.3.4 Philippines Medicinal Mushroom Market Revenues & Volume, By Physical Performance, 2021- 2031F |
6.3.5 Philippines Medicinal Mushroom Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Medicinal Mushroom Market Import-Export Trade Statistics |
7.1 Philippines Medicinal Mushroom Market Export to Major Countries |
7.2 Philippines Medicinal Mushroom Market Imports from Major Countries |
8 Philippines Medicinal Mushroom Market Key Performance Indicators |
9 Philippines Medicinal Mushroom Market - Opportunity Assessment |
9.1 Philippines Medicinal Mushroom Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Medicinal Mushroom Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Medicinal Mushroom Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Medicinal Mushroom Market - Competitive Landscape |
10.1 Philippines Medicinal Mushroom Market Revenue Share, By Companies, 2024 |
10.2 Philippines Medicinal Mushroom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |