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Analysis of Functional Mushroom Market 2019-2024: Industry Trends, Share, Size, Price, Revenue, Business Strategy, Production Technology Forecast to 2024

Functional

The “Functional Mushroom Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Functional Mushroom Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Functional Mushroom market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Functional Mushroom Market Are:

  • Nammex
  • Hirano Mushroom LLC
  • CNC Exotic Mushrooms
  • Mitoku Company Ltd
  • Lianfeng (Suizhou) Food Co. Ltd
  • Shanghai Finc Bio
  • tech Inc.
  • M2 Ingredients
  • Hokkaido Reishi Co. Ltd

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    Market Overview:

  • The global functional food market is forecasted to reach USD 34.3 billion by 2024, growing at a CAGR of 8.04% during the forecast period (2019 – 2024). Functional mushrooms are used in a wide variety of healthcare and pharmaceutical products. This increases the applicability of these mushrooms in the food and beverage sector. The application of these mushrooms as a functional ingredient in medical industry is driving the growth of the market as functional mushrooms are being increasingly incorporated into health supplements. The market studied is expected to experience huge demand for Reishi and Cordyceps, followed by the other types of medicinal mushrooms. Reishi, a traditional Chinese medicine, is also known as the “Elixir of Life” as well as the “Mushroom of Immortality”.

    Scope of the Report:

  • The functional mushroom market (henceforth referred to as the market studied) is segmented based on product type. The market studied is segmented into Reishi, Cordyceps, Lion’s Mane, Turkey Tail, Shiitake, Chaga, and other types. By application, the market is segmented into food and beverage, dietary supplements, personal care, and pharmaceutical products. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World.

    Functional Mushroom Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Functional Mushroom market?
    • What are the key market trends impacting the growth of the global Functional Mushroom market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Functional Mushroom market?
    • What are the market opportunities and threats faced by the vendors in the global Functional Mushroom market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Functional Mushroom market?

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    Key Market Trends:

    Surge in Demand for Functional Food and Dietary Supplements

    There has been a considerable shift in the lifestyle and dietary habits of people over the past two decades. Urbanization and consumerism drove this shift, leading to a rapid rise in the consumption of synthetic food products, thereby resulting in an increased incidence of lifestyle diseases. People are becoming aware of these problems and are gradually moving toward functional foods and beverages, which are being promoted as being beneficial beyond basic nutrition. These products are purported to provide optimal nutrition and reduce the risk of disease occurrence. Companies are incorporating functional mushrooms into their product offerings. Lifehouse Tonics introduced beverages that include mushroom as a key ingredient. For instance, Four Sigmatic incorporated medicinal mushroom in its coffee, tea, and supplement categories.

    Increase in the Use of Functional Mushroom in Personal Care and Cosmetics

    Functional mushrooms have, in recent years, been considered to be a traditional source of natural bioactive compounds. Recently, they have been exploited as potential components in the cosmetics industry. A variety of mushrooms and their ingredients are known to promote wellness of skin and hair. The representative ingredients present in functional mushrooms are phenolics, polyphenolics, terpenoids, selenium, polysaccharides, vitamins and volatile organic compounds. These compounds exhibit excellent antioxidant, anti-aging, anti-wrinkle, skin whitening and moisturizing effects, which make them ideal for cosmetics products. Several functional mushroom varieties contain kojic acid, which is a renowned skin lightener. Kojic acid is used as a natural alternative to dangerous and often toxic chemical skin lighteners such as hydroquinone, which has been linked to skin cancer in the past.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Functional Mushroom Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Functional Mushroom .

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    Report Objectives:

    • Analyzing the size of the Functional Mushroom market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Functional Mushroom market.
    • Determining the key dynamics of the Functional Mushroom market.
    • Highlighting significant trends of the Functional Mushroom market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Functional Mushroom market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Functional Mushroom market.

    Detailed TOC of Functional Mushroom Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY
    3.1 Market Overview

    4 MARKET DYNAMICS
    4.1 Market Drivers
    4.2 Market Restraints
    4.3 Porters 5 Force Analysis
    4.3.1 Threat of New Entrants
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Bargaining Power of Suppliers
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Reishi
    5.1.2 Cordyceps
    5.1.3 Lions Mane
    5.1.4 Turkey Tail
    5.1.5 Shiitake
    5.1.6 Chaga
    5.1.7 Other Product Types
    5.2 By Application
    5.2.1 Food and Beverage
    5.2.2 Dietary Supplements
    5.2.3 Personal Care
    5.2.4 Pharmaceutical
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 United Kingdom
    5.3.2.3 France
    5.3.2.4 Russia
    5.3.2.5 Italy
    5.3.2.6 Rest of Europe
    5.3.3 Asia Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 Rest of Asia-Pacific
    5.3.4 Rest of the World
    5.3.4.1 South America
    5.3.4.2 Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Strategies adopted by Major Players
    6.2 Most Active Companies
    6.3 Company Profiles
    6.3.1 Nammex
    6.3.2 Hirano Mushroom LLC
    6.3.3 CNC Exotic Mushrooms
    6.3.4 Mitoku Company Ltd
    6.3.5 Lianfeng (Suizhou) Food Co. Ltd
    6.3.6 Shanghai Finc Bio-tech Inc.
    6.3.7 M2 Ingredients
    6.3.8 Hokkaido Reishi Co. Ltd

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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