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Chaga Mushroom Market by Nature, Form, End-use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 245 Pages
  • February 2023
  • Region: Global
  • Allied Market Research
  • ID: 5781725
Description Jump to:
The chaga mushroom market size was valued at $712.6 million in 2021, and is estimated to reach $1,397.1 million by 2031, registering a CAGR of 7.2% from 2021 to 2031. Chaga grows by taking the nutrients from the birch tree over the duration of 10 to 20 years after landing on such a birch tree, making it a truly nutritional excellent resource. Drinking birch sap for health and beauty is a long-standing custom in Russia. Birch trees are often referred to as mother trees or nursing trees. Birch sap is very advantageous and is expected to offer health benefits because of the high levels of saponin, polyphenol, polysaccharide, and nutritive value it contains. Birch sap is used in cosmetics because it has a high antioxidant capacity and is good for beauty.

The chaga mushroom has been witnessing significant growth in popularity in the cosmetic and beauty care business due to its abundance in skin-beneficial active ingredients including copper, magnesium, selenium, and potassium. Chaga mushroom's copper aids in promoting collagen synthesis, and magnesium is believed to help keep skin elastic and moist as well as to strengthen the skin barrier. Cells are shielded from harmful oxidative stress by selenium. Lastly, potassium keeps electrolyte balance and keeps the skin inside hydrated.

However, over the forecast period, it is estimated that the limited wild chaga mushroom production and the high price of mushrooms relative to vegetables will significantly restrain the market's expansion. A lack of promotion, a small selection of foods and beverages made with chaga mushrooms, and poor consumer awareness of the benefits of chaga mushrooms are also projected to hinder the growth of the global chaga mushroom market.

According to the market analysis, the chaga mushroom market is segmented into nature, form end use, and region. On the basis of nature, the market is categorized into organic and conventional. By form, it is segregated into powder and liquid. On the basis of end use, it is segmented into food and beverage industry, cosmetics and personal care, pharmaceuticals and dietary supplements. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Spain, Italy, Russia, Germany and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The major players operating in the chaga mushroom industry are Baikal Herbs Ltd., Fungi Perfecti LLC, Annanda Chaga Mushrooms, Bioway (Xi'an) Organic Ingredients Co. Ltd., Sayan Health, Inc., Eartherbs L.L.C., Aloha Medicinals, Oregon Mushrooms Co., Mahogany Organics Private Limited, The Chaga Company LLC., NutraCap Labs, L.L.C., Canadian Pine Pollen Company, The Brainfood Mushroom Company, Touchwood Mushrooms, FreshCap Mushrooms Ltd., and Om Mushroom Superfood.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the chaga mushroom market analysis from 2021 to 2031 to identify the prevailing chaga mushroom market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the chaga mushroom market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global chaga mushroom market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Nature

  • Organic
  • Conventional

By Form

  • Powder
  • Liquid

By End Use

  • Pharmaceuticals
  • Dietary Supplements
  • Food and Beverage Industry
  • Cosmetics and Personal Care

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • France
  • Spain
  • Italy
  • Russia
  • Germany
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • The Brainfood Mushroom Company
  • Annanda Chaga Mushrooms
  • Touchwood Mushrooms
  • Naturalin Bio-Resources Co., Ltd
  • Hangzhou Muhua Bio-Tech Co., Ltd
  • White Mountain Mushrooms, LLC.
  • Baikal Herbs Ltd.
  • Sayan Health, Inc.
  • Aloha Medicinals
  • Oregon Mushrooms Co.
  • NutraCapLabs, L.L.C.
  • Om Mushroom Superfood
  • Xiamen Boten Biological Technology Co., Ltd
  • Bioway (Xi'an) Organic Ingredients Co. Ltd.
  • Xi'an Yuensun Biological Technology Co., Ltd.
  • Fungi Perfecti LLC

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in use of plant-based ingredients in personal care & cosmetics
3.4.1.2. Rise in functional food & beverage product applications
3.4.1.3. Health consciousness is rising among consumers
3.4.2. Restraints
3.4.2.1. High prices, limited area under chaga mushroom production, and restricted product offering in retail sales
3.4.3. Opportunities
3.4.3.1. Increased use of chaga mushrooms in dietary supplements
3.4.3.2. Increasing usage of chaga mushrooms for skin care advantages
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: CHAGA MUSHROOM MARKET, BY NATURE
4.1. Overview
4.1.1. Market size and forecast
4.2. Organic
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Conventional
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: CHAGA MUSHROOM MARKET, BY FORM
5.1. Overview
5.1.1. Market size and forecast
5.2. Powder
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Liquid
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
CHAPTER 6: CHAGA MUSHROOM MARKET, BY END USE
6.1. Overview
6.1.1. Market size and forecast
6.2. Food and Beverage Industry
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Cosmetics and Personal Care
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Pharmaceuticals
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Dietary Supplements
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
CHAPTER 7: CHAGA MUSHROOM MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Nature
7.2.3. Market size and forecast, by Form
7.2.4. Market size and forecast, by End Use
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Nature
7.2.5.1.3. Market size and forecast, by Form
7.2.5.1.4. Market size and forecast, by End Use
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Nature
7.2.5.2.3. Market size and forecast, by Form
7.2.5.2.4. Market size and forecast, by End Use
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Nature
7.2.5.3.3. Market size and forecast, by Form
7.2.5.3.4. Market size and forecast, by End Use
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Nature
7.3.3. Market size and forecast, by Form
7.3.4. Market size and forecast, by End Use
7.3.5. Market size and forecast, by country
7.3.5.1. UK
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Nature
7.3.5.1.3. Market size and forecast, by Form
7.3.5.1.4. Market size and forecast, by End Use
7.3.5.2. France
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Nature
7.3.5.2.3. Market size and forecast, by Form
7.3.5.2.4. Market size and forecast, by End Use
7.3.5.3. Spain
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Nature
7.3.5.3.3. Market size and forecast, by Form
7.3.5.3.4. Market size and forecast, by End Use
7.3.5.4. Italy
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Nature
7.3.5.4.3. Market size and forecast, by Form
7.3.5.4.4. Market size and forecast, by End Use
7.3.5.5. Russia
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Nature
7.3.5.5.3. Market size and forecast, by Form
7.3.5.5.4. Market size and forecast, by End Use
7.3.5.6. Germany
7.3.5.6.1. Key market trends, growth factors and opportunities
7.3.5.6.2. Market size and forecast, by Nature
7.3.5.6.3. Market size and forecast, by Form
7.3.5.6.4. Market size and forecast, by End Use
7.3.5.7. Rest of Europe
7.3.5.7.1. Key market trends, growth factors and opportunities
7.3.5.7.2. Market size and forecast, by Nature
7.3.5.7.3. Market size and forecast, by Form
7.3.5.7.4. Market size and forecast, by End Use
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Nature
7.4.3. Market size and forecast, by Form
7.4.4. Market size and forecast, by End Use
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Nature
7.4.5.1.3. Market size and forecast, by Form
7.4.5.1.4. Market size and forecast, by End Use
7.4.5.2. Japan
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Nature
7.4.5.2.3. Market size and forecast, by Form
7.4.5.2.4. Market size and forecast, by End Use
7.4.5.3. India
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Nature
7.4.5.3.3. Market size and forecast, by Form
7.4.5.3.4. Market size and forecast, by End Use
7.4.5.4. South Korea
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Nature
7.4.5.4.3. Market size and forecast, by Form
7.4.5.4.4. Market size and forecast, by End Use
7.4.5.5. Australia
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Nature
7.4.5.5.3. Market size and forecast, by Form
7.4.5.5.4. Market size and forecast, by End Use
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Key market trends, growth factors and opportunities
7.4.5.6.2. Market size and forecast, by Nature
7.4.5.6.3. Market size and forecast, by Form
7.4.5.6.4. Market size and forecast, by End Use
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Nature
7.5.3. Market size and forecast, by Form
7.5.4. Market size and forecast, by End Use
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Nature
7.5.5.1.3. Market size and forecast, by Form
7.5.5.1.4. Market size and forecast, by End Use
7.5.5.2. Middle East
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Nature
7.5.5.2.3. Market size and forecast, by Form
7.5.5.2.4. Market size and forecast, by End Use
7.5.5.3. Africa
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Nature
7.5.5.3.3. Market size and forecast, by Form
7.5.5.3.4. Market size and forecast, by End Use
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. Baikal Herbs Ltd.
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.2. Fungi Perfecti LLC
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.3. Annanda Chaga Mushrooms
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.4. Bioway (Xi'an) Organic Ingredients Co. Ltd.
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.5. Sayan Health, Inc.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.6. Naturalin Bio-Resources Co., Ltd
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.7. Aloha Medicinals
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.8. Oregon Mushrooms Co.
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.9. Xi'an Yuensun Biological Technology Co., Ltd.
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.10. Xiamen Boten Biological Technology Co., Ltd
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.11. NutraCapLabs, L.L.C.
9.11.1. Company overview
9.11.2. Key Executives
9.11.3. Company snapshot
9.11.4. Operating business segments
9.11.5. Product portfolio
9.12. White Mountain Mushrooms, LLC.
9.12.1. Company overview
9.12.2. Key Executives
9.12.3. Company snapshot
9.12.4. Operating business segments
9.12.5. Product portfolio
9.13. The Brainfood Mushroom Company
9.13.1. Company overview
9.13.2. Key Executives
9.13.3. Company snapshot
9.13.4. Operating business segments
9.13.5. Product portfolio
9.14. Touchwood Mushrooms
9.14.1. Company overview
9.14.2. Key Executives
9.14.3. Company snapshot
9.14.4. Operating business segments
9.14.5. Product portfolio
9.15. Hangzhou Muhua Bio-Tech Co., Ltd
9.15.1. Company overview
9.15.2. Key Executives
9.15.3. Company snapshot
9.15.4. Operating business segments
9.15.5. Product portfolio
9.16. Om Mushroom Superfood
9.16.1. Company overview
9.16.2. Key Executives
9.16.3. Company snapshot
9.16.4. Operating business segments
9.16.5. Product portfolio
List of Tables
TABLE 01. GLOBAL CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 02. CHAGA MUSHROOM MARKET FOR ORGANIC, BY REGION, 2021-2031 ($MILLION)
TABLE 03. CHAGA MUSHROOM MARKET FOR CONVENTIONAL, BY REGION, 2021-2031 ($MILLION)
TABLE 04. GLOBAL CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 05. CHAGA MUSHROOM MARKET FOR POWDER, BY REGION, 2021-2031 ($MILLION)
TABLE 06. CHAGA MUSHROOM MARKET FOR LIQUID, BY REGION, 2021-2031 ($MILLION)
TABLE 07. GLOBAL CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 08. CHAGA MUSHROOM MARKET FOR FOOD AND BEVERAGE INDUSTRY, BY REGION, 2021-2031 ($MILLION)
TABLE 09. CHAGA MUSHROOM MARKET FOR COSMETICS AND PERSONAL CARE, BY REGION, 2021-2031 ($MILLION)
TABLE 10. CHAGA MUSHROOM MARKET FOR PHARMACEUTICALS, BY REGION, 2021-2031 ($MILLION)
TABLE 11. CHAGA MUSHROOM MARKET FOR DIETARY SUPPLEMENTS, BY REGION, 2021-2031 ($MILLION)
TABLE 12. CHAGA MUSHROOM MARKET, BY REGION, 2021-2031 ($MILLION)
TABLE 13. NORTH AMERICA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 14. NORTH AMERICA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 15. NORTH AMERICA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 16. NORTH AMERICA CHAGA MUSHROOM MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 17. U.S. CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 18. U.S. CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 19. U.S. CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 20. CANADA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 21. CANADA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 22. CANADA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 23. MEXICO CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 24. MEXICO CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 25. MEXICO CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 26. EUROPE CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 27. EUROPE CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 28. EUROPE CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 29. EUROPE CHAGA MUSHROOM MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 30. UK CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 31. UK CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 32. UK CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 33. FRANCE CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 34. FRANCE CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 35. FRANCE CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 36. SPAIN CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 37. SPAIN CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 38. SPAIN CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 39. ITALY CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 40. ITALY CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 41. ITALY CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 42. RUSSIA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 43. RUSSIA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 44. RUSSIA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 45. GERMANY CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 46. GERMANY CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 47. GERMANY CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 48. REST OF EUROPE CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 49. REST OF EUROPE CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 50. REST OF EUROPE CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 51. ASIA-PACIFIC CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 52. ASIA-PACIFIC CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 53. ASIA-PACIFIC CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 54. ASIA-PACIFIC CHAGA MUSHROOM MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 55. CHINA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 56. CHINA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 57. CHINA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 58. JAPAN CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 59. JAPAN CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 60. JAPAN CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 61. INDIA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 62. INDIA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 63. INDIA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 64. SOUTH KOREA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 65. SOUTH KOREA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 66. SOUTH KOREA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 67. AUSTRALIA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 68. AUSTRALIA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 69. AUSTRALIA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 70. REST OF ASIA-PACIFIC CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 71. REST OF ASIA-PACIFIC CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 72. REST OF ASIA-PACIFIC CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 73. LAMEA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 74. LAMEA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 75. LAMEA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 76. LAMEA CHAGA MUSHROOM MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 77. LATIN AMERICA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 78. LATIN AMERICA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 79. LATIN AMERICA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 80. MIDDLE EAST CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 81. MIDDLE EAST CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 82. MIDDLE EAST CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 83. AFRICA CHAGA MUSHROOM MARKET, BY NATURE, 2021-2031 ($MILLION)
TABLE 84. AFRICA CHAGA MUSHROOM MARKET, BY FORM, 2021-2031 ($MILLION)
TABLE 85. AFRICA CHAGA MUSHROOM MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 86. BAIKAL HERBS LTD.: KEY EXECUTIVES
TABLE 87. BAIKAL HERBS LTD.: COMPANY SNAPSHOT
TABLE 88. BAIKAL HERBS LTD.: PRODUCT SEGMENTS
TABLE 89. BAIKAL HERBS LTD.: PRODUCT PORTFOLIO
TABLE 90. FUNGI PERFECTI LLC: KEY EXECUTIVES
TABLE 91. FUNGI PERFECTI LLC: COMPANY SNAPSHOT
TABLE 92. FUNGI PERFECTI LLC: PRODUCT SEGMENTS
TABLE 93. FUNGI PERFECTI LLC: PRODUCT PORTFOLIO
TABLE 94. ANNANDA CHAGA MUSHROOMS: KEY EXECUTIVES
TABLE 95. ANNANDA CHAGA MUSHROOMS: COMPANY SNAPSHOT
TABLE 96. ANNANDA CHAGA MUSHROOMS: PRODUCT SEGMENTS
TABLE 97. ANNANDA CHAGA MUSHROOMS: PRODUCT PORTFOLIO
TABLE 98. BIOWAY (XI'AN) ORGANIC INGREDIENTS CO. LTD.: KEY EXECUTIVES
TABLE 99. BIOWAY (XI'AN) ORGANIC INGREDIENTS CO. LTD.: COMPANY SNAPSHOT
TABLE 100. BIOWAY (XI'AN) ORGANIC INGREDIENTS CO. LTD.: PRODUCT SEGMENTS
TABLE 101. BIOWAY (XI'AN) ORGANIC INGREDIENTS CO. LTD.: PRODUCT PORTFOLIO
TABLE 102. SAYAN HEALTH, INC.: KEY EXECUTIVES
TABLE 103. SAYAN HEALTH, INC.: COMPANY SNAPSHOT
TABLE 104. SAYAN HEALTH, INC.: PRODUCT SEGMENTS
TABLE 105. SAYAN HEALTH, INC.: PRODUCT PORTFOLIO
TABLE 106. NATURALIN BIO-RESOURCES CO., LTD: KEY EXECUTIVES
TABLE 107. NATURALIN BIO-RESOURCES CO., LTD: COMPANY SNAPSHOT
TABLE 108. NATURALIN BIO-RESOURCES CO., LTD: PRODUCT SEGMENTS
TABLE 109. NATURALIN BIO-RESOURCES CO., LTD: PRODUCT PORTFOLIO
TABLE 110. ALOHA MEDICINALS: KEY EXECUTIVES
TABLE 111. ALOHA MEDICINALS: COMPANY SNAPSHOT
TABLE 112. ALOHA MEDICINALS: PRODUCT SEGMENTS
TABLE 113. ALOHA MEDICINALS: PRODUCT PORTFOLIO
TABLE 114. OREGON MUSHROOMS CO.: KEY EXECUTIVES
TABLE 115. OREGON MUSHROOMS CO.: COMPANY SNAPSHOT
TABLE 116. OREGON MUSHROOMS CO.: PRODUCT SEGMENTS
TABLE 117. OREGON MUSHROOMS CO.: PRODUCT PORTFOLIO
TABLE 118. XI'AN YUENSUN BIOLOGICAL TECHNOLOGY CO., LTD.: KEY EXECUTIVES
TABLE 119. XI'AN YUENSUN BIOLOGICAL TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 120. XI'AN YUENSUN BIOLOGICAL TECHNOLOGY CO., LTD.: PRODUCT SEGMENTS
TABLE 121. XI'AN YUENSUN BIOLOGICAL TECHNOLOGY CO., LTD.: PRODUCT PORTFOLIO
TABLE 122. XIAMEN BOTEN BIOLOGICAL TECHNOLOGY CO., LTD: KEY EXECUTIVES
TABLE 123. XIAMEN BOTEN BIOLOGICAL TECHNOLOGY CO., LTD: COMPANY SNAPSHOT
TABLE 124. XIAMEN BOTEN BIOLOGICAL TECHNOLOGY CO., LTD: PRODUCT SEGMENTS
TABLE 125. XIAMEN BOTEN BIOLOGICAL TECHNOLOGY CO., LTD: PRODUCT PORTFOLIO
TABLE 126. NUTRACAPLABS, L. L. C.: KEY EXECUTIVES
TABLE 127. NUTRACAPLABS, L. L. C.: COMPANY SNAPSHOT
TABLE 128. NUTRACAPLABS, L. L. C.: PRODUCT SEGMENTS
TABLE 129. NUTRACAPLABS, L. L. C.: PRODUCT PORTFOLIO
TABLE 130. WHITE MOUNTAIN MUSHROOMS, LLC.: KEY EXECUTIVES
TABLE 131. WHITE MOUNTAIN MUSHROOMS, LLC.: COMPANY SNAPSHOT
TABLE 132. WHITE MOUNTAIN MUSHROOMS, LLC.: PRODUCT SEGMENTS
TABLE 133. WHITE MOUNTAIN MUSHROOMS, LLC.: PRODUCT PORTFOLIO
TABLE 134. THE BRAINFOOD MUSHROOM COMPANY: KEY EXECUTIVES
TABLE 135. THE BRAINFOOD MUSHROOM COMPANY: COMPANY SNAPSHOT
TABLE 136. THE BRAINFOOD MUSHROOM COMPANY: PRODUCT SEGMENTS
TABLE 137. THE BRAINFOOD MUSHROOM COMPANY: PRODUCT PORTFOLIO
TABLE 138. TOUCHWOOD MUSHROOMS: KEY EXECUTIVES
TABLE 139. TOUCHWOOD MUSHROOMS: COMPANY SNAPSHOT
TABLE 140. TOUCHWOOD MUSHROOMS: PRODUCT SEGMENTS
TABLE 141. TOUCHWOOD MUSHROOMS: PRODUCT PORTFOLIO
TABLE 142. HANGZHOU MUHUA BIO-TECH CO., LTD: KEY EXECUTIVES
TABLE 143. HANGZHOU MUHUA BIO-TECH CO., LTD: COMPANY SNAPSHOT
TABLE 144. HANGZHOU MUHUA BIO-TECH CO., LTD: PRODUCT SEGMENTS
TABLE 145. HANGZHOU MUHUA BIO-TECH CO., LTD: PRODUCT PORTFOLIO
TABLE 146. OM MUSHROOM SUPERFOOD: KEY EXECUTIVES
TABLE 147. OM MUSHROOM SUPERFOOD: COMPANY SNAPSHOT
TABLE 148. OM MUSHROOM SUPERFOOD: PRODUCT SEGMENTS
TABLE 149. OM MUSHROOM SUPERFOOD: PRODUCT PORTFOLIO
List of Figures
FIGURE 01. CHAGA MUSHROOM MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF CHAGA MUSHROOM MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN CHAGA MUSHROOM MARKET (2022-2031)
FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. HIGH BARGAINING POWER OF BUYERS
FIGURE 06. MODERATE THREAT OF SUBSTITUTES
FIGURE 07. MODERATE THREAT OF NEW ENTRANTS
FIGURE 08. LOW INTENSITY OF RIVALRY
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALCHAGA MUSHROOM MARKET
FIGURE 10. CHAGA MUSHROOM MARKET, BY NATURE, 2021 (%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR ORGANIC, BY COUNTRY 2021-2031 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR CONVENTIONAL, BY COUNTRY 2021-2031 (%)
FIGURE 13. CHAGA MUSHROOM MARKET, BY FORM, 2021 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR POWDER, BY COUNTRY 2021-2031 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR LIQUID, BY COUNTRY 2021-2031 (%)
FIGURE 16. CHAGA MUSHROOM MARKET, BY END USE, 2021 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR FOOD AND BEVERAGE INDUSTRY, BY COUNTRY 2021-2031 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR COSMETICS AND PERSONAL CARE, BY COUNTRY 2021-2031 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR PHARMACEUTICALS, BY COUNTRY 2021-2031 (%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF CHAGA MUSHROOM MARKET FOR DIETARY SUPPLEMENTS, BY COUNTRY 2021-2031 (%)
FIGURE 21. CHAGA MUSHROOM MARKET BY REGION, 2021
FIGURE 22. U.S. CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 23. CANADA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 24. MEXICO CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 25. UK CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 26. FRANCE CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 27. SPAIN CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 28. ITALY CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 29. RUSSIA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 30. GERMANY CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 31. REST OF EUROPE CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 32. CHINA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 33. JAPAN CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 34. INDIA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 35. SOUTH KOREA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 36. AUSTRALIA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 37. REST OF ASIA-PACIFIC CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 38. LATIN AMERICA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 39. MIDDLE EAST CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 40. AFRICA CHAGA MUSHROOM MARKET, 2021-2031 ($MILLION)
FIGURE 41. TOP WINNING STRATEGIES, BY YEAR
FIGURE 42. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 43. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 44. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 45. COMPETITIVE DASHBOARD
FIGURE 46. COMPETITIVE HEATMAP: CHAGA MUSHROOM MARKET
FIGURE 47. TOP PLAYER POSITIONING, 2021

Executive Summary

According to the report titled, “Chaga Mushroom Market," the chaga mushroom market was valued at $712.60 million in 2021, and is estimated to reach $1.4 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.

The chaga market is likely to experience a significant growth rate of 5.6% from 2022-2031 owing to the growing demand for personal care and beauty care services and rising technological advancement in the chaga mushroom production and processing. The chaga plant originated in the colder northern regions in locations like northern Canada, Russia, and the Scandinavian countries of Europe. Chaga mushrooms are raised on particular kind of birch trees. Chaga mushroom can be identified by an amorphous appearance and strongly resemble burned charcoal.

Key factors driving the growth of the chaga market include the increasing use of the chaga mushroom extracts in various end use industries including food & beverage industry, pharmaceutical, personal care & cosmetics and dietary supplements. Furthermore, conventional farming on birch trees where chaga mushroom grows, rise in expenditure on R&D activities on production of chaga mushroom in any environment, and government initiatives to conserve forest area for production of chaga mushroom are some of the factors likely to support the growth of the chaga mushroom market during the forecast period. Chaga mushroom has been increasingly used in personal care and cometic industry as it constitute skin benefiting minerals such as zinc, copper, magnesium, selenium and potassium, along with vitamins B, C and E. For example, it is claimed that zinc's anti-inflammatory effects calm sensitive, dry skin and increase the production of collagen, which helps to rebuild cells and connective tissues. It has astringent and antibacterial characteristics that can help balance oil production, lessen the appearance of enlarged pores, and minimize acne. Additionally, zinc helps to decrease hyperpigmentation and even out skin tone.

Chaga is a superfood that has demonstrated a number of health advantages because of its strong antioxidant and immune-boosting content. As a result, chaga mushrooms are in high demand for dietary supplements, medicinal products, functional foods, and beverages. In addition, a number of significant variables are anticipated to drive substantial demand in the global market, including the expanding use of sports nutrition supplements and the growing trend and popularity of herbal medicinal products. Uncertainty exists over the precise nutritional makeup of chaga mushrooms. However, they are rich in antioxidants and several beneficial plant compounds, including triterpenoids, melanins, polysaccharides, polyphenols and flavans. Customers are becoming more and more interested in items that are safe, wholesome, and low in fat and salt that are meant to improve their health. As a result, food processors are always looking for natural bioactive ingredients that provide health advantages above and beyond their nutritional value without compromising the goods' quality. Chaga mushrooms are regarded as the next generation of nutritious food ingredients. They are ideally preferred in the formulation of low-calorie functional foods due to their low fat content, high-quality proteins and dietary fibre. Additionally, ongoing clinical trials and comprehensive research projects on various biological components found in chaga mushrooms that try to demonstrate their efficacy are also influencing market views. Thus, this variant of functional mushroom is anticipated to exhibit exceptional demand growth over coming years.

According to the market analysis, the chaga mushroom market is segmented into nature, form, end use, and region. As per nature, the market is categorized into organic and conventional. According to form, it is segregated into powder and liquid. Depending on end use, it is segmented into food and beverage industry, cosmetics and personal care, pharmaceuticals, and dietary supplements. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Spain, Italy, Russia, Germany, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players profiled in the study include Baikal Herbs Ltd., Fungi Perfecti LLC, Annanda Chaga Mushrooms, Bioway (Xi'an) Organic Ingredients Co. Ltd., Sayan Health, Inc., Eartherbs L.L.C., Aloha Medicinals, Oregon Mushrooms Co., Mahogany Organics Private Limited, The Chaga Company LLC., NutraCap Labs, L.L.C., Canadian Pine Pollen Company, The Brainfood Mushroom Company, Touchwood Mushrooms, FreshCap Mushrooms Ltd., and Om Mushroom Superfood. The players in the market have been actively engaged in the adoption of various strategies such as acquisition, product launch, and expansion to remain competitive and gain an advantage over the competitors in the market.

Key Market Insights

  • By nature, the conventional segment is estimated to witness the fastest growth, registering a CAGR of 7.4% during the forecast period.
  • By form, the powder segment is estimated to witness significant growth, registering a CAGR of 6.9% during the forecast period.
  • In 2021, depending on end use, the dietary supplement segment was valued at $199.3 million and is expected to grow at a CAGR of 7.1%.
  • In 2021, China was the most prominent market in Asia-Pacific, and is projected to reach $115.9 million by 2031, growing at a CAGR of 8.5% during the forecast period.

Companies Mentioned

  • The Brainfood Mushroom Company
  • Annanda Chaga Mushrooms
  • Touchwood Mushrooms
  • Naturalin Bio-Resources Co., Ltd
  • Hangzhou Muhua Bio-Tech Co., Ltd
  • White Mountain Mushrooms, LLC.
  • Baikal Herbs Ltd.
  • Sayan Health, Inc.
  • Aloha Medicinals
  • Oregon Mushrooms Co.
  • NutraCapLabs, L.L.C.
  • Om Mushroom Superfood
  • Xiamen Boten Biological Technology Co., Ltd
  • Bioway (Xi'an) Organic Ingredients Co. Ltd.
  • Xi'an Yuensun Biological Technology Co., Ltd.
  • Fungi Perfecti LLC

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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