The Latin America, Middle East and Africa Chaga Mushroom Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).
Some studies suggest that Chaga extract has some health advantages. The immune system's natural reaction to inflammation may help to avoid becoming sick. Yet, persistent inflammation is related to rheumatoid arthritis and heart disease. Chaga extract may boost immunity by lowering chronic inflammation and thwarting dangerous germs and viruses. Chaga increases white blood cells, which are necessary for warding off hazardous germs or viruses, by encouraging the production of advantageous cytokines, useful proteins that control the immune system.
So, from simple colds to significant diseases, this mushroom may aid in the battle against infections. Moreover, according to other animal and test-tube research, Chaga may inhibit the synthesis of unfavorable cytokines, which cause inflammation and are linked to illness.
Consumer spending on personal appearance in the nation often contributes to developing the cosmetic and perfumes industries there. A few reasons driving the growth include an aging population, a rise in self-conscious consumers, organized retail channel penetration, and rising demand for male grooming products. The Saudi economy's contribution from the cosmetics and personal care sector is expanding dramatically. The country's industry expansion is due to the increased demand for natural or organic, herbal, halal, and goods with creative and eco-friendly package designs. The cosmetic industry's growth, combined with the requirement for vegan or plant-based products in the region, will raise the adoption of Chaga mushrooms in cosmetic products, propelling the market's expansion in LAMEA.
The Brazil market dominated the LAMEA Chaga Mushroom Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $20.2 Million by 2028. The Argentina market is experiencing a CAGR of 11% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 10.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Chaga Mushroom Market, by Nature
1.4.2 LAMEA Chaga Mushroom Market, by Form
1.4.3 LAMEA Chaga Mushroom Market, by End Use
1.4.4 LAMEA 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. LAMEA Chaga Mushroom Market by Nature
3.1 LAMEA Conventional Market by Country
3.2 LAMEA Organic Market by Country
Chapter 4. LAMEA Chaga Mushroom Market by Form
4.1 LAMEA Powder Market by Country
4.2 LAMEA Liquid Market by Country
Chapter 5. LAMEA Chaga Mushroom Market by End Use
5.1 LAMEA Food & Beverage Industry Market by Country
5.2 LAMEA Dietary Supplements Market by Country
5.3 LAMEA Pharmaceuticals Market by Country
5.4 LAMEA Cosmetics & Personal Care Market by Country
Chapter 6. LAMEA Chaga Mushroom Market by Country
6.1 Brazil Chaga Mushroom Market
6.1.1 Brazil Chaga Mushroom Market by Nature
6.1.2 Brazil Chaga Mushroom Market by Form
6.1.3 Brazil Chaga Mushroom Market by End Use
6.2 Argentina Chaga Mushroom Market
6.2.1 Argentina Chaga Mushroom Market by Nature
6.2.2 Argentina Chaga Mushroom Market by Form
6.2.3 Argentina Chaga Mushroom Market by End Use
6.3 UAE Chaga Mushroom Market
6.3.1 UAE Chaga Mushroom Market by Nature
6.3.2 UAE Chaga Mushroom Market by Form
6.3.3 UAE Chaga Mushroom Market by End Use
6.4 Saudi Arabia Chaga Mushroom Market
6.4.1 Saudi Arabia Chaga Mushroom Market by Nature
6.4.2 Saudi Arabia Chaga Mushroom Market by Form
6.4.3 Saudi Arabia Chaga Mushroom Market by End Use
6.5 South Africa Chaga Mushroom Market
6.5.1 South Africa Chaga Mushroom Market by Nature
6.5.2 South Africa Chaga Mushroom Market by Form
6.5.3 South Africa Chaga Mushroom Market by End Use
6.6 Nigeria Chaga Mushroom Market
6.6.1 Nigeria Chaga Mushroom Market by Nature
6.6.2 Nigeria Chaga Mushroom Market by Form
6.6.3 Nigeria Chaga Mushroom Market by End Use
6.7 Rest of LAMEA Chaga Mushroom Market
6.7.1 Rest of LAMEA Chaga Mushroom Market by Nature
6.7.2 Rest of LAMEA Chaga Mushroom Market by Form
6.7.3 Rest of LAMEA 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 LAMEA Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 4 LAMEA Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 5 LAMEA Conventional Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Conventional Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Organic Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Organic Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 10 LAMEA Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 11 LAMEA Powder Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Powder Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Liquid Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Liquid Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 16 LAMEA Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 17 LAMEA Food & Beverage Industry Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Food & Beverage Industry Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Dietary Supplements Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Dietary Supplements Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Cosmetics & Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Cosmetics & Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Chaga Mushroom Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Chaga Mushroom Market by Country, 2022 - 2028, USD Million
TABLE 27 Brazil Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 28 Brazil Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 29 Brazil Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 30 Brazil Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 31 Brazil Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 32 Brazil Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 33 Brazil Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 34 Brazil Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 35 Argentina Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 36 Argentina Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 37 Argentina Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 38 Argentina Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 39 Argentina Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 40 Argentina Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 41 Argentina Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 42 Argentina Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 43 UAE Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 44 UAE Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 45 UAE Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 46 UAE Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 47 UAE Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 48 UAE Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 49 UAE Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 50 UAE Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 59 South Africa Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 60 South Africa Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 61 South Africa Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 62 South Africa Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 63 South Africa Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 64 South Africa Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 65 South Africa Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 66 South Africa Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 67 Nigeria Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 68 Nigeria Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 69 Nigeria Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 70 Nigeria Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 71 Nigeria Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 72 Nigeria Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 73 Nigeria Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 74 Nigeria Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Chaga Mushroom Market, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Chaga Mushroom Market, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Chaga Mushroom Market by Nature, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Chaga Mushroom Market by Nature, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Chaga Mushroom Market by Form, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Chaga Mushroom Market by Form, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Chaga Mushroom Market by End Use, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Chaga Mushroom Market by End Use, 2022 - 2028, USD Million
TABLE 83 Key Information – Naturalin Bio-Resources Co., Ltd
TABLE 84 Key Information – Xiamen Boten Biological Technology Co., Ltd.
TABLE 85 Key Information – Om Mushroom Superfood
TABLE 86 Key Information – Annanda Chaga Mushrooms
TABLE 87 Key Information – Touchwood Mushrooms
TABLE 88 Key Information – Hangzhou Muhua Bio-Tech Co., Ltd
TABLE 89 Key Information – White Mountain Mushrooms, LLC.
TABLE 90 Key Information – Baikal Herbs Ltd
TABLE 91 Key Information – Sayan Health, Inc.
List of Figures
FIG 1 Methodology for the research