Chaga Mushroom Extract Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
23179 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : RI
Chaga mushroom extract is the bio-active components bioavailable extracted from the chaga mushroom. Chaga (Inonotus Obliquus) is a mushroom that typically grows on birch trees in colder climates across the Northern Hemisphere.
Chaga mushroom extract is rich in Polysaccharides, Beta-D-Glucans, Phytosterols, Betulin and Betulinic Acid (Triterpenes), Antioxidants and SODs. The health benefits of Chaga Mushroom Extract are numerous, many of which can be attributed to its immune-boosting ingredients and antioxidants. Chaga mushroom extract is help with supporting immune system, providing soothing properties, curing ulcers and gastritis, keeping normalizes blood pressure and cholesterol levels, antimicrobial activity, DNA damage protection and antiviral properties.
In the last several years, Global market revenue of Chaga Mushroom Extract developed smoothly, with an average growth rate around 4%. In 2015, Global Revenue of Chaga Mushroom Extract is nearly 14.41 M USD; the actual production is about 106.15 MT.
The classification of Chaga Mushroom Extract includes Water extract, Dual extract. And the proportion of Water extract in 2015 is over 80%, but the proportion is in decreasing trend from 2011 to 2015.
Russia is the largest supplier of Chaga Mushroom Extract, with a production market share nearly 59% in 2015. North American is the second largest supplier of Chaga Mushroom Extract, enjoying production market share nearly 16.72 % in 2015.
Russia is the largest consumption place, with a consumption market share over 40% in 2015. Following Russia, North America region is the second largest consumption place.
Market competition is not intense. Baikal Herbs, Limonnik, World of Chaga are the leaders of the industry, and Baikal Herbs is the largest player in the market with the market share nearly 25.34% in 2015. Followed Baikal Herbs; Limonnik is in the second place around the world.
The Global Chaga Mushroom Extract Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Chaga Mushroom Extract Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Baikal Herbs
Limonnik
World of Chaga
Lgberry
Nutra Green
Sayan Health
Fungi Perfecti
Annanda Chaga
Fungi Health
Eco-Siberia
Chaga Mountain
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Water extract
Dual extract In Market segmentation by applications :
Health products
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Chaga Mushroom Extract Market for the forecast period 2023 - 2030?
• What are the driving forces in the Chaga Mushroom Extract Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Chaga Mushroom Extract industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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