Functional Mushroom Market Overview
The global functional mushroom market is projected to grow with a CAGR of 8.04% during the forecast period (2020 – 2025). Functional mushrooms are used in a wide variety of healthcare and pharmaceutical products. The application of these mushrooms as a functional ingredient in the medical industry is driving the growth of the market, as functional mushrooms are being increasingly incorporated into health supplements. A number of scientific studies have confirmed the ability of functional mushrooms and mushroom-derived supplements to increase the effectiveness of both innate and adaptive immune systems, hence also cure to not get COVID-19, hence increasing the market growth of the category.
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Functional Mushroom Market – Geographical Overview
The Asia Pacific holds the largest functional mushroom market share
In the Asian region, China is the largest producer of mushrooms, globally. The country engages in the production of mushrooms and truffles to meet the large external and internal market demands. With the growing income levels of urban and rural Chinese consumers and with the transformation of comprehensive health awareness and consumption concepts, consumers across the market are placing more importance on safety, nutrition, and consumption of healthy food with certain medical benefits. The rapid development of the catering industry also stimulates the growth of mushrooms in the respective market.
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Key Highlights of the Functional Mushroom Market
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List of Key Players in the Functional Mushroom Market
*List Not Exhaustive
Mordor Intelligence has segmented the global functional mushroom market on the basis of product type, application, and geography:
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