Reishi mushrooms are reported to possess a plethora of significant medicinal values. They are widely believed to possess anti-cancer or anti-tumor properties as well as anti-angiogenic properties, which are responsible for lowering cholesterol. In the Japanese and Chinese systems of medicines, reishi mushrooms are considered as a panacea for treating diabetes, heart diseases, tumors, etc. Reishi mushrooms are not used as food as they have an unpleasant bitter taste and are hard. They are, however, used in the food and beverage industry to manufacture nutraceuticals.
MARKET DYNAMICS
The increasing cultivation of reishi mushrooms in East Asia owing to its high commercial value has led to substantial consumption of reishi mushrooms in the recent periods. The market for reishi mushrooms is anticipated to grow during the forecast as reishi mushrooms are growingly harvested for their bioactive compounds. Reishi mushrooms are rich in biologically active principles such as ganoderan A, B, C, ?-glucans, lanostane triterpenoids, ganosporeric acid A, ganopoly, ganoderic acid B, ganolucidic acid A, ganodermadiol, lucidenic acid, and lucidadiol. These active compounds are increasingly finding their applications in the novel application in the pharmacology and nutraceutical sectors. The growing participation of farmers and entrepreneurs in taking up the production of reishi mushrooms has steadily grown and given an impetus to the reishi mushrooms market.
MARKET SCOPE
The "Global Reishi Mushrooms Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the reishi mushrooms market with detailed market segmentation by species, type, end use industries, and geography. The global reishi mushrooms market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading reishi mushrooms market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global reishi mushrooms market is segmented on the basis of species, type, and end use industries. On the basis of species, the reishi mushrooms market is segmented into Ganoderma lucidum, Ganoderma sinensis, Ganoderma tsugae, and others. The reishi mushrooms market on the basis of type is classified into cultivated and wild. Based on end use industries, the global reishi mushrooms market is divided into pharmaceuticals, food and beverages, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global reishi mushrooms market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The reishi mushrooms market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the reishi mushrooms market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the reishi mushrooms market in these regions.
MARKET PLAYERS
The reports cover key developments in the reishi mushrooms market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the reishi mushrooms market are anticipated to lucrative growth opportunities in the future with the rising demand for reishi mushrooms in the global market. Below mentioned is the list of few companies engaged in the reishi mushrooms market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the reishi mushrooms market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Amax NutraSource, Inc.
- Bio-Botanica Inc.,
- Bristol Botanicals Limited
- Hokkaido-reishi
- Hunan Huacheng Biotech,Inc.
- Mushroom Science
- Nammex
- Qingdao Dacon Trading Co.
- The Mushroom Company
- Xi'an Greena Biotech Co.,Ltd
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.