The North America Chaga Mushroom Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
Mushrooms are often consumed due to their outstanding medicinal benefits, which include helping people lose weight, boosting resistance, destroying harmful cells, improving overall nutrition, and promoting a healthy lifestyle. The Chaga mushroom is a member of the Hymenochaetaceae family of organisms. The Chaga mushroom is frequently growing on other types of trees, such as oak, birch, and beech.
Consumers are looking for foods that may have health benefits, which has pushed the desire for solid fixes in various consumable goods. Superoxide Dismutase (SOD), which is thought to be one of the most effective cell-supporting and -mitigating substances, is found in the highest concentrations in Chaga mushrooms. Researchers are now investigating if SOD is anything other than an anti-aging product. Also, some studies have revealed that Chaga mushrooms may be used to halt the spread of cancerous cells and stimulate one's immune system, making Chaga a natural reaction modifier.
Mexico is amongst the world's largest industries for medicines. The Mexican pharmaceutical industry is segmented into patented drugs, which account for 51% of the total value, generic drugs (35%), and over-the-counter goods (14%). According to COFEPRIS, generics account for over 80% of the total volume. Covid-19 alleviation is the primary goal of Mexico's budget planning for 2022, which includes a 14.6% increase in health sector funding. Nevertheless, first and second-level treatments for high-specialty illnesses like diabetes, cancer, and heart disease are also given priority. This supports the growth of the regional market.
The US market dominated the North America Chaga Mushroom Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $254.9 Million by 2028. The Canada market is poised to grow at a CAGR of 8.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.3% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on Form, the market is segmented into Powder and Liquid. Based on End Use, the market is segmented into Food & Beverage Industry, Dietary Supplements, Pharmaceuticals and Cosmetics & Personal Care. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Chaga Mushroom Market is Projected to reach USD 1.1 Billion by 2028, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Naturalin Bio-Resources Co., Ltd, Xiamen Boten Biological Technology Co., Ltd., Om Mushroom Superfood, Annanda Chaga Mushrooms, Touchwood Mushrooms, Hangzhou Muhua Bio-Tech Co., Ltd, White Mountain Mushrooms, LLC, Baikal Herbs Ltd and Sayan Health, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Nature
By Form
By End Use
- Food & Beverage Industry
- Dietary Supplements
- Pharmaceuticals
- Cosmetics & Personal Care
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Naturalin Bio-Resources Co., Ltd
- Xiamen Boten Biological Technology Co., Ltd.
- Om Mushroom Superfood
- Annanda Chaga Mushrooms
- Touchwood Mushrooms
- Hangzhou Muhua Bio-Tech Co., Ltd
- White Mountain Mushrooms, LLC
- Baikal Herbs Ltd
- Sayan Health, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Chaga Mushroom Market, by Nature
1.4.2 North America Chaga Mushroom Market, by Form
1.4.3 North America Chaga Mushroom Market, by End Use
1.4.4 North America Chaga Mushroom Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Chaga Mushroom Market by Nature
3.1 North America Conventional Market by Country
3.2 North America Organic Market by Country
Chapter 4. North America Chaga Mushroom Market by Form
4.1 North America Powder Market by Country
4.2 North America Liquid Market by Country
Chapter 5. North America Chaga Mushroom Market by End Use
5.1 North America Food & Beverage Industry Market by Country
5.2 North America Dietary Supplements Market by Country
5.3 North America Pharmaceuticals Market by Country
5.4 North America Cosmetics & Personal Care Market by Country
Chapter 6. North America Chaga Mushroom Market by Country
6.1 US Chaga Mushroom Market
6.1.1 US Chaga Mushroom Market by Nature
6.1.2 US Chaga Mushroom Market by Form
6.1.3 US Chaga Mushroom Market by End Use
6.2 Canada Chaga Mushroom Market
6.2.1 Canada Chaga Mushroom Market by Nature
6.2.2 Canada Chaga Mushroom Market by Form
6.2.3 Canada Chaga Mushroom Market by End Use
6.3 Mexico Chaga Mushroom Market
6.3.1 Mexico Chaga Mushroom Market by Nature
6.3.2 Mexico Chaga Mushroom Market by Form
6.3.3 Mexico Chaga Mushroom Market by End Use
6.4 Rest of North America Chaga Mushroom Market
6.4.1 Rest of North America Chaga Mushroom Market by Nature
6.4.2 Rest of North America Chaga Mushroom Market by Form
6.4.3 Rest of North America Chaga Mushroom Market by End Use
Chapter 7. Company Profiles
7.1 Naturalin Bio-Resources Co., Ltd
7.1.1 Company Overview
7.2 Xiamen Boten Biological Technology Co., Ltd.
7.2.1 Company Overview
7.3 Om Mushroom Superfood
7.3.1 Company Overview
7.4 Annanda Chaga Mushrooms
7.4.1 Company Overview
7.5 Touchwood Mushrooms
7.5.1 Company Overview
7.6 Hangzhou Muhua Bio-Tech Co., Ltd
7.6.1 Company Overview
7.7 White Mountain Mushrooms, LLC.
7.7.1 Company Overview
7.8 Baikal Herbs Ltd
7.8.1 Company Overview
7.9 Sayan Health, Inc.
7.9.1 Company Overview
TABLE 1 North America Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 2 North America Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 3 North America Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 4 North America Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 5 North America Conventional Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Conventional Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Organic Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Organic Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 10 North America Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 11 North America Powder Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Powder Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Liquid Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Liquid Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 16 North America Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 17 North America Food & Beverage Industry Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Food & Beverage Industry Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Dietary Supplements Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Dietary Supplements Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Cosmetics & Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Cosmetics & Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Chaga Mushroom Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Chaga Mushroom Market by Country, 2022 - 2028, USD Million
TABLE 27 US Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 28 US Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 29 US Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 30 US Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 31 US Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 32 US Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 33 US Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 34 US Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 35 Canada Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 36 Canada Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 37 Canada Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 38 Canada Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 39 Canada Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 40 Canada Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 41 Canada Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 42 Canada Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 43 Mexico Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 44 Mexico Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 45 Mexico Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 46 Mexico Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 47 Mexico Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 48 Mexico Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 49 Mexico Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 50 Mexico Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 51 Rest of North America Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 52 Rest of North America Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 53 Rest of North America Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 54 Rest of North America Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 55 Rest of North America Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 56 Rest of North America Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 57 Rest of North America Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 58 Rest of North America Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 59 Key Information – Naturalin Bio-Resources Co., Ltd
TABLE 60 Key Information – Xiamen Boten Biological Technology Co., Ltd.
TABLE 61 Key Information – Om Mushroom Superfood
TABLE 62 Key Information – Annanda Chaga Mushrooms
TABLE 63 Key Information – Touchwood Mushrooms
TABLE 64 Key Information – Hangzhou Muhua Bio-Tech Co., Ltd
TABLE 65 Key Information – White Mountain Mushrooms, LLC.
TABLE 66 Key Information – Baikal Herbs Ltd
TABLE 67 Key Information – Sayan Health, Inc.
List of Figures
FIG 1 Methodology for the research