Global Medicinal Mushrooms Market 2024-2028
Medicinal Mushrooms Market 2024-2028
The medicinal mushrooms market is forecasted to grow by USD 7886.9 mn during 2023-2028, accelerating at a CAGR of 11.67% during the forecast period. The report on the medicinal mushrooms market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health-promoting benefits of medicinal mushrooms, growth in online retailing, and growth potential offered by numerous untapped markets.
Technavio's medicinal mushrooms market is segmented as below:
By Product
- Chaga mushroom
- Reishi mushroom
- Others
By Usage
- Antioxidant
- Immune enhancer
- Anti-cancer
- Skincare
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the expanding vegan population as one of the prime reasons driving the medicinal mushrooms market growth during the next few years. Also, growing health consciousness among consumers and emergence of private-label brands will lead to sizable demand in the market.
The report on the medicinal mushrooms market covers the following areas:
- Medicinal mushrooms market sizing
- Medicinal mushrooms market forecast
- Medicinal mushrooms market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medicinal mushrooms market vendors that include Aloha Medicinals, Asia Pacific Farm Enterprises Inc., Banken Champignons B.V., Bio Botanica Inc., Concord Farms, DXN Holdings Bhd, Far West Fungi, Four Sigmatic Foods Inc., Fungi Perfecti LLC, Gourmet Mushrooms Ltd., Natures Way Brands LLC, Nikkei Canada Marketing Ltd., Nyishar, Oriveda BV, PREMIUM HOKKAIDO Co. Ltd., Real Mushrooms, SSD Bio Sciences, Swadeshi Mushroom, The Medicinal Mushroom Co., and Wholesun Wellness. Also, the medicinal mushrooms market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.