Reishi Mushroom Market: Research In-Depth Analysis, Applications, Forecast To 2033

The new report published by The Business Research Company, titled ""Reishi Mushroom Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the reishi mushroom market size has grown strongly in recent years. It will grow from $4.27 billion in 2023 to $4.65 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The reishi mushroom market size is expected to see strong growth in the next few years. It will grow to $6.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.

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Rising Demand For Functional Foods And DietarySupplements Propels Growth In Reishi Mushroom Market
The surge in demand for functional foods and dietarysupplements 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. Dietarysupplements are any vitamins, minerals, herbal products, or other ingestible preparations that are added to the diet to supplement it and benefit health. Reishi mushrooms are used as a dietarysupplement which is used in medicinal products to help reduce stress, boost liver and heart health, promote longevity, and enhance the immune system, which is expected to drive the growth of the market. For instance, in November 2021, according to a survey conducted by Kerry Group plc, an Ireland-based food company, four out of ten respondents (44%) reported increasing their purchases of dietarysupplements since the pandemic's start, while 42% reported increasing their purchases of functional or fortified foods and beverages. The company polled 13,000 people in 16 countries with the intention of giving manufacturers information about how COVID-19 has affected consumers' purchasing habits. Similarly, in October 2021, according to the Consumer Survey on DietarySupplements by the Council for Responsible Nutrition (CRN), a US-based trade association and lobbying group representing ingredient suppliers and manufacturers in the dietarysupplement industry, the number of Americans consuming dietarysupplements grew from 73% in 2020 to 80% in 2021. Therefore, the surge in demand for functional foods and dietarysupplements is driving the growth of the reishi mushroom market.

Innovative Reishi Mushroom Capsules Launched By Gaia Herbs Inc. To Enhance Whole-Body Health
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. These products are designed to assist healthy liver function, energy and stamina, stress management, and lung, immune, heart, brain, and neurological health, among other bodily functions. The brand-new mushroom capsules from Gaia Herbs are made from only the purest, most effective ingredients and are grown without the use of pesticides, chemical fertilizers, or seeds that have undergone genetic modification. They have undergone quality assurance testing and are dairy-, gluten-, grain-, and soy-free.

The reishi mushrooms market covered in this report is segmented -

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 DietarySupplements, Cosmetics And Personal Care

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Major companies operating in the reishi mushroom market report are Swanson Health Products, Nutraceutical International Corporation, Gano Excel, Alphay International Inc, Nature's Way, Bio Botanica Inc., Organo Gold, Aloha Medicinals., Aloha Medicinals Inc., Terrasoul Superfoods, Four Sigmatic, Hunan Huacheng Biotech Inc., The Mushroom Company, Amax Nutrasource Inc., Dragon Herbs, New Roots Herbal Inc., Mushroom Wisdom Inc., DXN Holdings Bhd., Bristol Botanicals Limited, Qingdao Dacon Trading Co Ltd, Fungi Perfecti, Ron Teeguarden Enterprises Inc., Xi'An Greenabiotech Co Ltd, Hokkaido Reishi Co Ltd., North American Medicinal Mushroom Extracts, Mushroom Science, Fujian Xianzhilou Biological Technology Co Ltd., Real Mushrooms, Oriveda, Mycology Research Laboratories Ltd., Sayan Health Inc., SupHerb Farms, Fuyang Bestop Import and Export Ltd., Hunan Nutrmax Inc.

Contents of the report:
1. Executive Summary
2. Reishi Mushroom Market Report Structure
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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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