Reishi Mushroom Extract Market:Global Analysis

The Reishi Mushroom Global Market Report 2023, provides comprehensive information on the reishi mushroom market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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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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Innovative products are a key trend gaining popularity in the reishi mushroom market. 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 mushroom market 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 Dietary Supplements, Cosmetics And Personal Care

Asia Pacific was the largest region in the reishi mushroom market in 2022.

The table of contents in TBRC’s reishi mushroom market report includes:

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

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26. Africa Reishi Mushroom Market
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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