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Medicinal Mushroom Market- Growth, Trends, Covid-19 Impact, And Forecasts 2022 - 2028

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Medicinal Mushroom Market was valued at USD 214.99 million in 2021 and is expected to reach USD 373.26 million by the year 2028, at a CAGR of 8.2%

Medicinal mushrooms are fungal organisms specifically basidiomycetes that are recognized as superfoods, nutritional supplements, and nutraceuticals. They form a part of the very extensive natural health products category in Asia where Traditional Chinese Medicine has utilized herbal preparations for thousands of years. In addition, Asia is also regarded as the historical site for mushroom cultivation. The cultivation of Shiitake, a medicinal mushroom has been reported to have originated in China in the 12th century and China produces 70% of the world's mushrooms. Eastern medicine practices have been utilizing medicinal mushrooms for thousands of years and have gained more popularity in recent times. Moreover, there are about 14,000 species of mushrooms worldwide, out of which 350 species are consumed around the globe.

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 The research study includes an examination of many aspects that contribute to the market's expansion. Market trends, restrictions, and drivers that have a favourable or negative influence on the market are included. This section also discusses the many businesses and applications that may have an impact on the market in the future. The information is based on both recent and historical patterns. The cost structure, market size, Medicinal Mushroom Sales, Gross Margin and Market Share, Price, Revenue, Size, Forecast, and Growth Rate are all calculated in the report.

Segmentation of Medicinal Mushroom Market: -

By Type         

  • Shiitake
  • Cordyceps
  • Turkey Tail
  • Chaga
  • Others

By Distribution Channel     

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • E-Commerce

By Form        

  • Whole
  • Dried
  • Liquid
  • Capsule

By End User 

  • Food Beverage Industry
  • Pharmaceutical Industry

 By Region    

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

 

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Leading Key Players Covered Medicinal Mushroom Market: -

  • FreshCap Mushrooms LTD. (Canada)
  • Banken Champignons B.V. (Netherlands)
  • Far West Fungi (US)
  • Swadeshi Mushroom (India)
  • DXN (Malaysia)
  • Nikkei Marketing Limited (Canada)
  • Chaga Mountain Inc (US)
  • Asia Pacific Farm Enterprises (Canada)
  • NC Exotic Mushrooms (Netherlands)
  • Bonduelle SA (France)
  • Nammex (Canada)
  • Naturalin (China)
  • Real Mushrooms (Canada)
  • Mitoku (Japan)
  • Hirano Mushroom LLC (Serbia)
  • Gourmet Mushrooms Inc. (US), and other major players.

 

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Market Analysis and Insights: Global Medicinal Mushroom Market Market

The market for Medicinal Mushroom Market is divided into regions, countries, companies, types, applications, and sales channels. Players, stakeholders, and other market participants in the global Medicinal Mushroom Market will get an advantage by utilizing the study as a valuable resource. For the years 2022-2028, the segmentation study focuses on sales, revenue, and forecasts by region, nation, firm, type, application, and sales channels.

Reasons to Purchase this Market Report:

  • Market forecast analysis through recent trends and SWOT analysis
  • Medicinal Mushroom Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
  • Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
  • Medicinal Mushroom Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
  • Competitive environment related to the Medicinal Mushroom Market share for key players, along with new projects and strategies that players have adopted over the past five years

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