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Exclusive Report on Functional Mushroom Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

Functional

The “Functional Mushroom Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Functional Mushroom industry. The information available in the Functional Mushroom market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Functional Mushroom market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Functional Mushroom Market:

  • 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.

    Reasons for Buying Functional Mushroom Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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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.

    Functional Mushroom Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    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

     

    Contact Us:

    Name: Ajay More

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    Email: [email protected]

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