Chaga Mushroom Extract Market

The global Chaga Mushroom Extract market was valued at 14.74 Million USD in 2021 and will grow with a CAGR of 3.43% from 2021 to 2027, based on Research newly published report.

The prime objective of Chaga Mushroom Extract Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Chaga Mushroom Extract Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

Baikal Herbs

Limonnik

World of Chaga

Lgberry

Nutra Green

Sayan Health

Fungi Perfecti

Annanda Chaga

Fungi Health

Eco-Siberia

Chaga Mountain

By Types:

Water extract

Dual extract

By Applications:

Health products

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

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To understand the future outlook and prospects for the market.

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