North America Reishi Mushroom Market

North America Reishi Mushroom Market Size, Share & Industry Trends Analysis Report By End Use (Pharmaceutical, Nutraceutical & Dietary Supplements, Food & Beverages and Cosmetics & Personal Care), By Form, By Nature, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-10995 Publication Date: August-2022 Number of Pages: 61
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Market Report Description

The North America Reishi Mushroom Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).

Reishi's superfood potential really emerges when combined with other useful mushrooms and plants. Lion's mane and rhodiola combine their effects in Om Mushroom's Brain Fuel capsules to increase the reishi mushroom's health advantages. In addition, Lion's mane, a useful species of mushroom abundant in bioactive substances like ericinones and hericenones, promotes brain and nervous system health.

Reishi mushrooms aid the body in overcoming stress by acting as adaptogens. According to some studies, mushrooms can lessen physical discomfort, emotional agitation, and pain. A small group of 132 persons with neurasthenia reported reduced headaches, wooziness, and weariness after consuming supplements for two months. After ingesting the mushroom powder for one month, breast cancer survivors showed elevated quality of life as well as decreased levels of worry and sadness.

Preliminary study in humans has validated the findings, which may be due to a glucose-producing enzyme blockage, despite the fact that most investigations have been conducted on animals. According to additional studies, the mushrooms may help diabetic people avoid difficulties by reducing kidney strain. More research is required because, previous studies have found no benefits in this area. It has been demonstrated that antioxidants shield cells from harm, reducing cell mutation and carcinogenesis while shielding immune cells.

Canada is one of the key nations on the list of top producers of mushrooms. The weather and soil pattern of the nation are serving well to the mushroom production. On the other hand, Canada and the US are among the major importers of mushrooms. The preference of customers towards the consumption of fresh mushroom and medicinal mushroom-based products is attracting various key companies to the region. As per the USDA, US Department of Agriculture, Forest farming, which involves growing high-value specialty crops like medicinal mushrooms falls under the protection of a forest canopy along with that tree crops that are produced in the forest for wood products also categorized under this since it generates money.

The US market dominated the North America Reishi Mushroom Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,127.1 million by 2028. The Canada market is experiencing a CAGR of 9.5% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 9.2% during (2022 - 2028).

Based on End Use, the market is segmented into Pharmaceutical, Nutraceutical & Dietary Supplements, Food & Beverages and Cosmetics & Personal Care. Based on Form, the market is segmented into Powder and Liquid. Based on Nature, the market is segmented into Conventional and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Reishi Mushroom Market is Estimated to reach $5.2 Billion by 2028, at a CAGR of 8.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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)

Scope of the Study

Market Segments Covered in the Report:

By End Use

  • Pharmaceutical, Nutraceutical & Dietary Supplements
  • Food & Beverages
  • Cosmetics & Personal Care

By Form

  • Powder
  • Liquid

By Nature

  • Conventional
  • Organic

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • 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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