Press release
Reishi Mushroom Market 2023 - By Industry Trends, Business Segmentation And Forecast To 2032
Reishi Mushroom Market
The Business Research Company's Reishi Mushroom Global Market Report 2023 identifies surge in demand for functional foods and dietary supplements as the major driver for the Reishi Mushroom market's growth in the forecast period. 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.
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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Major competitors in the Reishi Mushroom market are Alphay International Inc., Bio Botanica Inc., Bristol Botanicals Limited, Ron Teeguarden Enterprises Inc.
A key trend in the Reishi Mushroom market includes innovative products. Major companies operating in the reishi mushroom market are focused on providing innovative products to strengthen their position in the market. For instance, in February 2022, Gaia Herbs Inc., a US-based company specializing in natural herbal products, announced the launch of its new line of six mushroom capsule supplements to support whole-body health and preserve wellness. The innovative products are Reishi mushroom, Respiratory Mushroom Blend, Immune Mushroom Blend, Lion's Mane mushroom, Cordyceps mushroom, and Turkey Tail mushroom.
Read More On The Global Reishi Mushroom Market Report Here:
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The Reishi Mushroom market is segmented -
• By Type: Cultivated, Wild
• By Species: Ganoderma Lucidum, Ganoderma Sinensis, Ganoderma Tsugae, Other Species
• By Form: Liquid, Powder
• By Nature: Organic, Conventional
• 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.
•
The Business Research Company's "Global Reishi Mushroom Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……………………………………………………………………….
26. Africa Reishi Mushroom Market
27. Reishi Mushroom Market Competitive Landscape And Company Profiles28. Key Mergers And Acquisitions In The Reishi Mushroom Market
29. Reishi Mushroom Market Future Outlook and Potential Analysis
30. Appendix
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