The global psychedelic mushroom market is likely to hit a value of USD 1,735 million in 2025 due to the increasing acceptance of these mushrooms for therapeutic applications, more investments in research, and the expansion of legalization in various regions.
Growing with a compound annual growth rate (CAGR) of 10.5% during the period from 2025 to 2035, the market is believed to see a significant growth. At the end of the year 2035, the market is expected to be probably worth about USD 4,759 million, which would be a clear indication of the increasing popularity of natural methods in mental health, wellness, and leisure.
Attributes | Values |
---|---|
Estimated Industry Size 2025 | USD 1,735 million |
Projected Industry Size 2035 | USD 4,759 million |
Value-based CAGR (2025 to 2035) | 10.5% |
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Chiefly, the mushroom psychedelic market has been quickly shifting from being just a speculative product to a popular therapeutic tool, thanks to the elevated levels of experimentation and the shift in the attitude of the public towards mental disorders, the leisure aspect, and well-being applications.
The sector's top businesses MindMed, Atai Life Sciences, and Compass Pathways have a total of 45% market share out of which the majority is obtained due to the synergistic effects of their innovative scientific investigations and clinical tests.
Meanwhile, the small-to-medium-size corporations are represented by Field Trip Health and Cybin Inc., which generate 35% of the market through the channel of treatment innovation. Among the others, newly launched brands such as Blissmushrooms, Galaxy Treats, and Shroomland.
Global Market Share 2025 | Industry Share % |
---|---|
Top 3 (MindMed, Atai Life Sciences, Compass Pathways) | 50% |
Rest of Top 5 (Field Trip Health, Cybin Inc., Revive Therapeutics) | 30% |
Emerging & Regional Brands (Blissmushrooms, Galaxy Treats, Psilocybin Lounge, Shroomland, Psychedelic Mushy) | 10% |
Market Concentration, 2025 | Assessment |
---|---|
High (more than 60% by top players) | Low |
Medium (40 to 60% by top 10 players) | Medium |
Low (less than 30% by top players) | Low |
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The mushroom of the psychoactive type is cut into the following segments: fresh/whole, dried, and processed forms, where processed form is the largest market share with 50-55%. This achievement is tied to a high percentage of its use in therapeutic products such as capsules, tinctures, and edibles, besides its convenience and prolonged shelf life.
The leading companies like MindMed and Compass Pathways are promoting the growth in this area through pharmaceutical applications. The dried form covers around 30-35%, usually preferred for microdosing and recreational purposes because of being easy to store and versatility. The fresh/whole form ratio of 10-15% which is smaller, is dominated by niche market and local consumption.
The market for psychedelic mushrooms is divided based on their function into such categories as de-addiction, anxiety relief, depression treatment, and recreational use, with the largest one of them depression treatment with 40-45% market share.
This has resulted from the wide-ranging clinical trials carried out that prove psilocybin is indeed effective in the treatment of depression that has not responded to any other treatment measures, with trailblazing companies like Compass Pathways and MindMed at the forefront.
The category of anxiety relief has a share of around 25-30%, mainly focusing on patients who suffer from terminal illnesses or generalized anxiety disorders. The de-addiction sector has a share of about 15-20% with the increased evidence arguing for using psilocybin in the treatment of nicotine and alcohol dependence.
The psychedelic mushroom enterprise during 2024 was characterized by concrete contributions from the top companies that underwent significant research, product innovation, and market expansion. These institutions were the trendsetters, discovered new treatment options, and acted as the industry-wide catalyst in transforming the market. A complete breakdown of their success.
Tier | Tier 1 |
---|---|
Market Share (%) | 60% |
Key Companies | (MindMed, Atai Life Sciences, Compass Pathways) |
Tier | Tier 2 |
---|---|
Market Share (%) | 30% |
Key Companies | (Field Trip Health, Cybin Inc., Revive Therapeutics) |
Tier | Tier 3 |
---|---|
Market Share (%) | 10% |
Key Companies | (Blissmushrooms, Galaxy Treats, Psilocybin Lounge, Shroomland, Psychedelic Mushy) |
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The psychedelic mushroom market is on the way to getting a complete change of aspect, due to the scientific research developments, the regulatory approvals, and the increased consumer awareness. Therapeutic applications of psilocybin are projected to be more common, especially in the case of treating depression, anxiety, PTSD, and addictive disorders, with the collaboration of scientists that are performing clinical trials for approval.
Developing of the new psilocybin clinics, and the digital health connection of psilocybin therapies will be the ones who make it happen more easily. Inventions in the medical form of medicines like micro dosing and extended-release capsules will help to recover better.
The legalization of psychoactive substances in areas like North America and Europe will also create new markets, while the ecological way of planting and ethical acquisition will be in line with consumer tastes.
The largest market share is held by MindMed, Atai Life Sciences, and Compass Pathways, collectively accounting for approximately 45% of the market.
Regional brands like Blissmushrooms, Galaxy Treats, Psilocybin Lounge, Shroomland, Psychedelic Mushy hold around 10% of the market share.
The market concentration in 2025 is categorized as high for the top players who control more than 55% of the market, medium for the top 10 players with 25 to 35% market share, and low for less dominant players who hold less than 15% of the market share.
MindMed is conducting cutting-edge clinical trials using psilocybin-assisted treatment methods for people suffering from depression, anxiety, and addiction.
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