Reishi Mushroom Extract Market to Reach $5.3 billion by 2027 - IndustryARC
Reishi Mushroom Extract Market growth is being driven by the surging inclusion of reishi mushrooms into health additives owing to the use of reishi mushroom .
HYDERABAD, TELANGANA, INDIA, February 14, 2023 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Reishi Mushroom Extract Market size is estimated to reach $5.3 billion by 2027, growing at a CAGR of 8.7% during the forecast period 2022-2027. Reishi mushroom also termed Lingzhi mushroom is a polypore fungus (“bracket fungus”) belonging to the genus Ganoderma which is utilized in conventional Chinese medicine. The Lingzhi or Reishi medicinal mushroom Ganoderma lucidum (higher Basidiomycetes mushroom) is recognized owing to its health-advancing characteristics. The consequences of Ganoderma lucidum extract on cancer, hypertension, hypercholesterolemia, and hepatitis have been recorded by heaps of researchers. One of the most significant consequences of the reishi mushroom is that it can boost the immune system. However, most of the research demonstrates that reishi mushrooms do not enhance cholesterol, blood sugar, or antioxidants in the body.2021-2026.
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https://www.industryarc.com/Research/Reishi-Mushroom-Extract-Market-Research-504559
Key takeaways:
This IndustryARC report on the Reishi Mushroom Extract Mark highlights the following areas -
1. Geographically, Asia-Pacific Reishi Mushroom Extract Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the soaring production of Reishi Mushrooms which can promote the immune system in China in the Asia-Pacific region.
2. Reishi Mushroom Extract Market growth is being driven by the surging inclusion of reishi mushrooms into health additives owing to the use of reishi mushroom extracts as a functional constituent in the healthcare industry and its ability to advance the immune system. However, intermittent allergy consequent to the intake of reishi mushrooms is one of the major factors hampering the growth of the Reishi Mushroom Extract Market.
3. Reishi Mushroom Extract Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Reishi Mushroom Extract Market report.
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Segmental Analysis:
1. The Reishi Mushroom Extract Market based on product type can be further segmented into Organic Extract and Conventional Extract.
2. The Reishi Mushroom Extract Market based on the application can be further segmented into Food And Beverage, Dietary Supplements, Personal Care, and Pharmaceutical.
3. The Reishi Mushroom Extract Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World.
Competitive Landscape:
The top 5 players in the Reishi Mushroom Extract Industry are -
1. Bio Botanica, Inc.
2. Bristol Botanicals Limited
3. Ron Teeguarden Enterprises, Inc.
4. Nammex
5. DXN
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B. Mushroom Market
https://www.industryarc.com/Report/16679/mushroom-market.html
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