Global Reishi Mushroom Extract Market 2019 Size, Global Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2028
“Global Reishi Mushroom Extract Market Trends, Applications, Growth Forecast to 2028” is a new MarketResearch.biz report. The market report focuses on key factors expected to drive market growth, and hamper or limit growth. These factors have been provided in detail along with facts by authentic sources. Also, market trends and consumer trends, and future revenue opportunities for players in the market have been offered in the report. In addition, revenues for the segments, regions and countries and growth rate forecasts are included in the report. Profiles for top international companies are presented in the report with their revenue, company segment revenue, and other financial details. Also, contact information, regional presence, market footprint, company share analysis has been provided. The global reishi mushroom extract market report has been segmented on nature, form, end use industry, and region.
Global Reishi Mushroom Extract Market: Overview
Reishi mushroom is widely used as a medicine in China, Korea, and Japan. Traditionally, it is used for enhancing overall health such as improves immunity, longevity, promotes liver and heart health and relieves stress. The active ingredients in reishi mushroom extract are beta-glucans, polysaccharides, plant sterols and triterpenes that can fight against cancer. In addition, reishi mushroom has antioxidant, anti-cancer, cholesterol-lowering, and immunological properties. Therefore, is used in the treatment of viral infections, diabetes, heart & kidney diseases, respiratory problems, liver problems, anxiety, insomnia, nervous system disorders, and various other diseases & disorders.
Global Reishi Mushroom Extract Market: Dynamics
Growing demand and increasing popularity for reishi mushroom extract in the healthcare sector in developed and developing economies is a major factor projected to drive growth of the global market. In addition, increasing use of reishi mushroom extract as an ingredient in food & beverage and personal care product industries are additional factors expected to drive growth of the global market. Moreover, rising demand for reishi mushroom extract due to growing awareness towards health benefits associated with it is another factor projected to boost growth of the target market. Rising demand for functional foods among individuals who are engaged in physical activities is anticipated to drive market growth. Increasing investment in R&D activities by major players for developing advanced techniques to produce mushrooms extract and use as medicinal mushrooms is projected to further support market growth.
However, some people may be prone to allergy after consumption of reishi mushrooms, which is a major factor that could hamper the global market growth.
Global Reishi Mushroom Extract Market: Segment Analysis
Nature Segment Insights:
Among the nature segments, the organic reishi mushroom extract segment is projected to register a significant growth rate in the global market in the near future. Rising consumer preference for organic products in developing countries is projected to drive growth of the segment.
Form Segments Insights:
Among the forms segments, the powder segment is estimated to account for the significant revenue shares in the global market in the upcoming years.
End Use Industry Segment Insights:
Among the end use industry segments, the food & beverage segment is projected to register a significant growth rate during the forecast period. Increasing demand for reishi mushroom extract across the globe owing to rising health awareness is estimated to drive growth of the segment.
Global Reishi Mushroom Extract Market: Region Analysis
The Asia Pacific market is projected to account for a significant share in terms of revenue in the global reishi mushroom extract market. Increasing adoption for plant-based ingredients in the personal care & cosmetic products and increasing demand for natural and herbal products are projected to support growth of the Asia Pacific market. In addition, increasing awareness towards health benefits associated with reishi mushroom extract products is another factor projected to increase demand for the reishi mushroom extract in countries such as China, Japan, and India in this region. The North America market is projected to register a significant growth rate in the target during the forecast period, owing to the growing demand for reishi mushroom extract for therapeutic uses and rapidly growing pharmaceuticals industry are projected to be major factors driving growth of the North America market.
Global Reishi Mushroom Extract Market Segmentation:
Segmentation by Nature:
- Organic Reishi Mushroom Extract
- Conventional Reishi Mushroom Extract
Segmentation by Form:
- Liquid Extract
- Powder Extract
Segmentation by End Use Industry:
- Food & Beverage
- Personal Care
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Amax NutraSource, Inc.
- Bio-Botanica Inc.
- Bristol Botanicals Limited
- Dragon Herbs
- Mushroom Science
- Nammex (North American Medicinal Mushroom Extracts)
- Qingdao Dacon Trading Co., Ltd.
- Xian Yuensun Biological Technology Co., Ltd.
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