Press release
Functional Mushrooms Market to Experience Moderated Growth by 2026: Half Hill Farm Inc, Real Mushrooms, Pan’s Mushroom Jerky, Om Organic Mushroom Nutrition, Yuguo Farms, Four Sigmatic and others
Market Analysis:
Global functional mushroom market is expected to undergo moderate growth in the forecast period of 2019-2026. The market is expected to undergo moderate CAGR of in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to the rise in awareness regarding the benefits of functional mushroom.
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Key Competitors:
•Half Hill Farm Inc
•Real Mushrooms
•Pan’s Mushroom Jerky
•Om Organic Mushroom Nutrition
•Yuguo Farms
•Four Sigmatic
•The Mushroom Company
•Banken Champignons Groep BV
•OKECHAMP SA
•BONDUELLE
•Modernmush
•Monaghan Mushrooms
•Monterey Mushrooms Inc
Key Developments in the Market:
In January 2018, Four Sigmatic announced the launch of medicinal mushroom infused coffee products that is aimed at improving the health of individuals that consume the particular products.
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Market Drivers & Restraints:
•Rise in awareness associated with the consumption of functional food and ingredients is expected to drive the market growth
•Rise in demand of applications of functional mushroom due to the growing healthcare benefit of mushroom is also expected to drive the market growth
•Lack of ability to be included in other recipes is expected to restrain the market growth
Segmentation:
Type
•Reishi
•Cordyceps
•Lion’s Mane
•Turkey Tail
•Shiitake
•Chaga
•Others
Application
•Food & Beverage
•Personal Care
•Pharmaceutical
•Others
Geography
•North America
•South America
•Europe
•Asia-Pacific
•Middle East and Africa
Competitive Analysis:
Global functional mushroom market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of functional mushroom market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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