The North America Adaptogenic Mushrooms Market would witness market growth of 9.4% CAGR during the forecast period (2022-2028).
Adaptogenic mushrooms have increased in favor in recent years. As individuals become more aware of the potential adverse effects of pharmaceutical drugs, people are increasingly turning to natural treatments for health issues. Adaptogenic mushrooms are a safe and natural method to boost the immune system and reduce stress. Consumers' interest in foods that provide health benefits is growing.
Adaptogenic mushrooms are regarded as a functional food since they offer health advantages beyond basic nutrition. Adaptogenic mushrooms can be readily added to teas, smoothies, and other foods for various health advantages. The market for adaptogenic mushrooms is projected to increase as consumer interest in functional foods increases. Moreover, the increase in businesses selling innovative products containing adaptogenic mushrooms also contributes to the market's expansion.
Consumers in the US are gravitating toward organic personal care goods, particularly skincare products, as demand for organic components and knowledge of the dangers of chemicals & synthetic products rise. In addition, some individuals have delicate skin and, therefore, cannot withstand the frequent usage of synthetic skin care products. The main causes driving the expansion of organic skin care products in the United States have been the rising worries about the negative effects of chemicals on the skin, including skin irritation, dryness, and dullness. Also, environmental factors in the nation contribute to an increase in skin-related issues, motivating consumers to use daily skin care products, including moisturizers, face creams, and serums.
The US market dominated the North America Adaptogenic Mushrooms Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,052.8 million by 2028. The Canada market is poised to grow at a CAGR of 11.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11% during (2022 - 2028).
Based on Application, the market is segmented into Stress & Anxiety Relief, Insomnia Treatment, Immunity Booster, Coginitive, Brain Support & Mental Health Support and Others. Based on Form, the market is segmented into Dried, Processed and Fresh/Whole. Based on Product, the market is segmented into Reishi, Lion's Mane, Turkey Tail, Cordyceps, Chaga and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Adaptogenic Mushrooms Market is Projected to reach USD 20.1 Billion by 2028, at a CAGR of 9.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fungi Perfecti LLC, Sun Potion, Om Mushroom Superfood, Four Sigmatic, Real Mushrooms, Terrasoul Superfoods, JHS Natural Products, Inc. (Mushroom Science), Nammex, Bristol Botanicals Limited, and Annanda Chaga Mushrooms.
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