Product Code: A47231
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
By Form
By End Use
- Pharmaceuticals
- Dietary Supplements
- Food and Beverage Industry
- Cosmetics and Personal Care
By Region
- North America
- 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
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