Press release
Global Reishi Mushroom Market Growth Prospects, Future Industry Landscape 2032 | Alphay International Inc., Bio Botanica Inc., Bristol Botanicals Limited, Ron Teeguarden Enterprises Inc., Dxn Holdings Bhd
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Reishi Mushroom Market Size, Growth Rate, And Forecast
The global reishi mushroom market size is expected to grow from $3.93 billion in 2022 to $4.30 billion in 2023 at a compound annual growth rate (CAGR) of 3.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every market across the globe. The global reishi mushroom market size is expected to reach $5.86 billion in 2027 at a CAGR of 8.0%.
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Reishi Mushroom Market Drivers
The surge in demand for functional foods and dietary supplements is expected to boost the growth of the reishi mushroom market going forward. Functional foods are dietary components that, in addition to supplying nutrients and energy, advantageously affect one or more specific bodily processes, either by boosting a particular physiological response or by lowering the risk of disease.
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Reishi Mushroom Market Segments
1) By Type: Cultivated, Wild
2) By Species: Ganoderma Lucidum, Ganoderma Sinensis, Ganoderma Tsugae, Other Species
3) By Form: Liquid, Powder
4) By Nature: Organic, Conventional
5) By End User: Food And beverages, Pharmaceutical, Nutraceutical And Dietary Supplements, Cosmetics And Personal Care
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Reishi Mushroom market.
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Reishi Mushroom Market Key Players
Major players in the reishi mushroom market are Alphay International Inc., Bio Botanica Inc., Bristol Botanicals Limited, Ron Teeguarden Enterprises Inc., Dxn Holdings Bhd., Xi'An Greenabiotech Co. Ltd., Hokkaido Reishi Co. Ltd., Nammex (North American Medicinal Mushroom Extracts), Mushroom Science, Amax Nutrasource Inc., Hunan Huacheng Biotech Inc., Qingdao Dacon Trading Co. Ltd., The Mushroom Company, Fujian Xianzhilou Biological Technology Co. Ltd., and Aloha Medicinals.
The Business Research Company's "Global Reishi Mushroom Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Reishi Mushroom Market Include:
1. Executive Summary
2. Reishi Mushroom Market Characteristics
3. Reishi Mushroom Market Trends And Strategies
4. Reishi Mushroom Market - Macro Economic Scenario
5. Reishi Mushroom Market Size And Growth
……
27. Reishi Mushroom Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Reishi Mushroom Market
29. Reishi Mushroom Market Future Outlook and Potential Analysis
30. Appendix
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