QY Research, Inc.

Chaga Mushroom Extract Market Will Surge at 3.50% CAGR Up to 2025: QY Research, Inc.

 

Los Angeles, CA -- (SBWIRE) -- 04/24/2019 -- 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.

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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.

The global Chaga Mushroom Extract market was 16 million US$ in 2018 and is expected to 21 million US$ by the end of 2025, growing at a CAGR of 3.5% between 2019 and 2025.

This report studies the Chaga Mushroom Extract market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Chaga Mushroom Extract in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Baikal Herbs

Limonnik

World of Chaga

Lgberry

Nutra Green

Sayan Health

Fungi Perfecti

Annanda Chaga

Fungi Health

Eco-Siberia

Chaga Mountain

By the product type, the market is primarily split into

Water extract

Dual extract

By the end users/application, this report covers the following segments

Health products

Other

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

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