Market Overview

Global Chaga Mushroom-based Products Market 2018-2022 to Post a CAGR of 13% | Technavio

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Technavio
analysts forecast the global chaga mushroom-based products market to
grow at a CAGR of over 13% during the forecast period, according to
their latest market research report.

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Technavio has published a new market research report on the global chaga mushroom-based products mar ...

Technavio has published a new market research report on the global chaga mushroom-based products market from 2018-2022. (Graphic: Business Wire)

The increasing popularity of RTD Chaga mushroom-based beverages is one
of the major trends being witnessed in the global
chaga mushroom-based products market 2018-2022
. The growth of
the global chaga mushroom-based beverages such as tea, coffee,
functional drinks, and others, is one of the positive trends that can
influence the growth of the global market during the forecast period.
Presently, consumers are on a lookout for products that offer more
convenience as they are hard-pressed for time due to their busy
lifestyles. The ease of use of RTD products will accelerate the demand
for chaga mushroom-based drinks. Therefore, increasing product
innovation in the market and the growing frequency of new product
launches will drive the growth of the chaga mushroom-based products
market during the next five years.

This report is available at a USD 1,000 discount for a limited time
only:
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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global Chaga mushroom-based products market is health
benefits of chaga mushroom:

Global chaga mushroom-based products market:
Health benefits of chaga mushroom

The various health-promoting benefits associated with the consumption of
chaga mushrooms the prominent growth drivers for the global chaga
mushroom based products market. The increasing awareness among consumers
about the health-promoting benefits of chaga mushrooms will drive the
growth of the market during the forecast period. Some of the health
benefits of consuming Chaga mushrooms are that it provides vitamins,
potassium, calcium, amino acids, fiber, and other nutrients that are
essential for the human body. Also, consuming Chaga mushroom increases
the production of immune cells and lymphocytes, which boosts the immune
system's ability to fight pathogens.

According to a senior analyst at Technavio for research on food,
"increasing vegan population is another factor that is expected to have
a positive impact on the growth of the market. Several people are
adopting a vegan diet primarily for the associated health benefits, and
thus more and more people are likely to adopt chaga mushroom-based
products to supplement their nutritional requirements, which will drive
the growth of the overall market."

Global chaga mushroom-based products market:
Segmentation analysis

The global Chaga mushroom-based products market research report provides
market segmentation by application (food and beverages and personal
care), and by region (the Americas, EMEA, and APAC). It provides an
in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.

The Americas held the largest share of the market in 2017, accounting
for over 49% share, followed by the EMEA and APAC respectively. However,
during the forecast period, the APAC region is expected to have the
highest incremental growth, while the Americas and EMEA are expected to
witness a small decline in their market shares.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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