Global Chaga Mushroom Extract Sales Market Revenue Status & Forecast to 2022

This report studies the global Chaga Mushroom Extract market status and forecast, categorizes the global Chaga Mushroom Extract market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Chaga mushroom extract is the bio-active components bioavailable extracted from the chaga mushroom. Chaga (Inonotus Obliquus) is a mushroom that typically grows on birch trees in colder climates across the Northern Hemisphere.

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Chaga mushroom extract is rich in Polysaccharides, Beta-D-Glucans, Phytosterols, Betulin and Betulinic Acid (Triterpenes), Antioxidants and SODs. The health benefits of Chaga Mushroom Extract are numerous, many of which can be attributed to its immune-boosting ingredients and antioxidants. Chaga mushroom extract is help with supporting immune system, providing soothing properties, curing ulcers and gastritis, keeping normalizes blood pressure and cholesterol levels, antimicrobial activity, DNA damage protection and antiviral properties.

In the last several years, Global market revenue of Chaga Mushroom Extract developed smoothly, with an average growth rate around 4%. In 2015, Global Revenue of Chaga Mushroom Extract is nearly 14.41 M USD; the actual production is about 106.15 MT.

The classification of Chaga Mushroom Extract includes Water extract, Dual extract. And the proportion of Water extract in 2015 is over 80%, but the proportion is in decreasing trend from 2011 to 2015.

Russia is the largest supplier of Chaga Mushroom Extract, with a production market share nearly 59% in 2015. North American is the second largest supplier of Chaga Mushroom Extract, enjoying production market share nearly 16.72 % in 2015.

Russia is the largest consumption place, with a consumption market share over 40% in 2015. Following Russia, North America region is the second largest consumption place.

Market competition is not intense. Baikal Herbs, Limonnik, World of Chaga are the leaders of the industry, and Baikal Herbs is the largest player in the market with the market share nearly 25.34% in 2015. Followed Baikal Herbs; Limonnik is in the second place around the world.

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The global Chaga Mushroom Extract market is valued at 16 million US$ in 2017 and will reach 21 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2018-2025.

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