| Product Code: ETC12956449 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The Philippines saw a significant increase in mushroom extract imports in 2024, with top exporters being Singapore, Malaysia, China, Thailand, and South Korea. The market remains highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. The impressive compound annual growth rate (CAGR) of 63.41% from 2020 to 2024 highlights the growing demand for mushroom extracts in the Philippines. Additionally, the strong growth rate of 22.43% from 2023 to 2024 suggests a continued upward trajectory for this market segment.

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 Mushroom Extracts Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Mushroom Extracts Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Mushroom Extracts Market - Industry Life Cycle |
3.4 Philippines Mushroom Extracts Market - Porter's Five Forces |
3.5 Philippines Mushroom Extracts Market Revenues & Volume Share, By Extract Type, 2021 & 2031F |
3.6 Philippines Mushroom Extracts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Philippines Mushroom Extracts Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Philippines Mushroom Extracts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Philippines Mushroom Extracts Market Revenues & Volume Share, By Consumer Group, 2021 & 2031F |
4 Philippines Mushroom Extracts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the health benefits of mushroom extracts |
4.2.2 Increasing demand for natural and organic products in the Philippines |
4.2.3 Rise in research and development activities focusing on the potential uses of mushroom extracts in various industries |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality mushroom sources for extraction |
4.3.2 Price volatility of raw materials affecting production costs |
4.3.3 Lack of standardized regulations and quality control measures in the mushroom extracts industry |
5 Philippines Mushroom Extracts Market Trends |
6 Philippines Mushroom Extracts Market, By Types |
6.1 Philippines Mushroom Extracts Market, By Extract Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Mushroom Extracts Market Revenues & Volume, By Extract Type, 2021 - 2031F |
6.1.3 Philippines Mushroom Extracts Market Revenues & Volume, By Reishi, 2021 - 2031F |
6.1.4 Philippines Mushroom Extracts Market Revenues & Volume, By Lion's Mane, 2021 - 2031F |
6.1.5 Philippines Mushroom Extracts Market Revenues & Volume, By Chaga, 2021 - 2031F |
6.1.6 Philippines Mushroom Extracts Market Revenues & Volume, By Cordyceps, 2021 - 2031F |
6.1.7 Philippines Mushroom Extracts Market Revenues & Volume, By Turkey Tail, 2021 - 2031F |
6.2 Philippines Mushroom Extracts Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Philippines Mushroom Extracts Market Revenues & Volume, By Powder, 2021 - 2031F |
6.2.3 Philippines Mushroom Extracts Market Revenues & Volume, By Liquid, 2021 - 2031F |
6.2.4 Philippines Mushroom Extracts Market Revenues & Volume, By Capsule, 2021 - 2031F |
6.2.5 Philippines Mushroom Extracts Market Revenues & Volume, By Tincture, 2021 - 2031F |
6.2.6 Philippines Mushroom Extracts Market Revenues & Volume, By Extract, 2021 - 2031F |
6.3 Philippines Mushroom Extracts Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Philippines Mushroom Extracts Market Revenues & Volume, By Immune Boost, 2021 - 2031F |
6.3.3 Philippines Mushroom Extracts Market Revenues & Volume, By Cognitive Support, 2021 - 2031F |
6.3.4 Philippines Mushroom Extracts Market Revenues & Volume, By Anti-Inflammatory, 2021 - 2031F |
6.3.5 Philippines Mushroom Extracts Market Revenues & Volume, By Energy Boost, 2021 - 2031F |
6.3.6 Philippines Mushroom Extracts Market Revenues & Volume, By Gut Health, 2021 - 2031F |
6.4 Philippines Mushroom Extracts Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Mushroom Extracts Market Revenues & Volume, By Dietary Supplements, 2021 - 2031F |
6.4.3 Philippines Mushroom Extracts Market Revenues & Volume, By Functional Foods, 2021 - 2031F |
6.4.4 Philippines Mushroom Extracts Market Revenues & Volume, By Beverages, 2021 - 2031F |
6.4.5 Philippines Mushroom Extracts Market Revenues & Volume, By Pharmaceutical Products, 2021 - 2031F |
6.4.6 Philippines Mushroom Extracts Market Revenues & Volume, By Skincare, 2021 - 2031F |
6.5 Philippines Mushroom Extracts Market, By Consumer Group |
6.5.1 Overview and Analysis |
6.5.2 Philippines Mushroom Extracts Market Revenues & Volume, By Adults, 2021 - 2031F |
6.5.3 Philippines Mushroom Extracts Market Revenues & Volume, By Elderly, 2021 - 2031F |
6.5.4 Philippines Mushroom Extracts Market Revenues & Volume, By Athletes, 2021 - 2031F |
6.5.5 Philippines Mushroom Extracts Market Revenues & Volume, By Teenagers, 2021 - 2031F |
6.5.6 Philippines Mushroom Extracts Market Revenues & Volume, By All Ages, 2021 - 2031F |
7 Philippines Mushroom Extracts Market Import-Export Trade Statistics |
7.1 Philippines Mushroom Extracts Market Export to Major Countries |
7.2 Philippines Mushroom Extracts Market Imports from Major Countries |
8 Philippines Mushroom Extracts Market Key Performance Indicators |
8.1 Percentage of market penetration of mushroom extracts in the Philippines |
8.2 Number of new product launches incorporating mushroom extracts |
8.3 Level of investment in infrastructure and technology for mushroom extract production |
8.4 Consumer satisfaction and repeat purchase rates for mushroom extract products |
9 Philippines Mushroom Extracts Market - Opportunity Assessment |
9.1 Philippines Mushroom Extracts Market Opportunity Assessment, By Extract Type, 2021 & 2031F |
9.2 Philippines Mushroom Extracts Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Philippines Mushroom Extracts Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Philippines Mushroom Extracts Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Philippines Mushroom Extracts Market Opportunity Assessment, By Consumer Group, 2021 & 2031F |
10 Philippines Mushroom Extracts Market - Competitive Landscape |
10.1 Philippines Mushroom Extracts Market Revenue Share, By Companies, 2024 |
10.2 Philippines Mushroom Extracts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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