According to a new report, published by KBV research, The Global Reishi Mushroom Market size is expected to reach $5.2 billion by 2028, rising at a market growth of 8.1% CAGR during the forecast period.
The Cosmetics & Personal Care market is poised to grow at a CAGR of 8.7% during (2022 - 2028). Reishi mushrooms are perfect ingredients for cosmetic products because of their great antioxidant, anti-wrinkle, anti-aging, skin-whitening, and moisturising benefits. Additionally, as consumer health consciousness has increased, there is a growing market for skincare & personal care products that contain components from plants.
The Powder market is leading the Global Reishi Mushroom Market by Form in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3.2 billion by 2028. Reishi mushroom powder is used for a variety of purposes and has a very adaptable character. It offers comparable critical elements to its fresh counterpart, but with fewer calories. It is simple to include into any food or beverage product.
The Organic market would showcase a CAGR of 10.5% during (2022 - 2028). Products containing reishi mushrooms are produced utilizing only organic, non-GMO raw materials. Due to a development in health consciousness, consumers have steadily evolved knowledgeable about the food they eat and aware of the harmful effects of synthetic chemicals on their health.
The Asia Pacific market dominated the Global Reishi Mushroom Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.5 billion by 2028. The Europe market is anticipated to grow at a CAGR of 7.6% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 7.5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/reishi-mushroom-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Hokkaido Reishi Co. Ltd., Alphay International, Inc., Bio-Botanica, Inc., Bristol Botanicals Limited, Ron Teeguarden Enterprises, Inc., DXN Holdings Bhd., Xi'an Greena Biotech Co., Ltd., Nammex, JHS Natural Products, Inc. (Mushroom Science)
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