The global medicinal mushroom extract market is projected to grow at a significant CAGR during the forecast period (2020-2026). Medicinal mushrooms are tiny fungi that are utilized for their medicinal benefits. Chaga, cordyceps, and reishi are some of the therapeutic mushrooms that are the most commonly used.

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The medicinal mushrooms market has grown as global health issues have worsened. The market is being driven by a rising desire for functional foods among the majority of health-conscious individuals. Vegan cuisine is becoming more popular these days due to its health advantages, which might present an opportunity for the players.

Several epidemiological and clinical investigations have shown that mushrooms and mushroom-derived supplements can improve the efficacy of both innate and adaptive immune responses to a variety of pathogens, including viruses. Since COVID-19 has increased sales of immunity-boosting supplements, the use of mushroom extracts in these supplements is likely to rise rapidly.

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Over the last two decades, there has been a substantial change in consumer lifestyles and food patterns across the globe. As a result of urbanization and consumerism, there has been a fast growth in the consumption of synthetic foods, leading to an increase in the prevalence of lifestyle illnesses, which consumers are becoming increasingly conscious of. As a result, consumers are increasingly shifting their preferences toward functional foods and drinks that are claimed as providing benefits beyond basic nutrition. These items are said to provide adequate nourishment while also lowering the risk of illness.

The market for medicinal mushrooms is estimated to grow considerably during the forecasted period since these mushrooms are increasingly being used in functional foods and beverages such as coffee and cocoa. Also, the growing consumer desire for organic and natural goods in developing countries is expected to drive the medicinal mushroom extracts market growth.

Global Medicinal Mushroom Extract Market – Segmentation
By Type
Chaga
Cordyceps
Reishi
Others

Global Medicinal Mushroom Extract Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
Banken Champignons B.V.
Far West Fungi
Hokkaido Reishi Co. Ltd
Swadeshi Mushroom Spawn
Chaga Mountain, Inc.
Concord Farms
SSD Mushrooms

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