About Maitake Mushroom Extract
Maitake mushroom is the edible mushroom used widely in Asia as a food item. The maitake mushroom extract is used in medicines to treat diabetes and hypertension, its extract is available in dietary supplements which enhances the immune system and helps in cancer treatment also. The products are available in the form of liquid, powdered, and capsules in the supermarket, convenience stores, online stores, drug stores, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Nammex (Canada), Solgar Inc. (United States), Mushroom Wisdom, Inc. (United States), Organika Health Products Inc. (Canada), New Roots Herbal, Inc. (Canada), Na'vi Organics (United Kingdom), Mushroom Science (United States), Lobe Sciences (Canada) and Unibar Corporation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Maitake Mushroom Extract market by , Application (Salads, Soups, Pizza, Medicines and Others) and Region.
On the basis of geography, the market of Maitake Mushroom Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by Nature, the sub-segment i.e. Organic will boost the Maitake Mushroom Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Liquid will boost the Maitake Mushroom Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket/Hypermarket will boost the Maitake Mushroom Extract market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Population of Health conscious People and Production of Organic Maitake Mushroom Extract
Market Growth Drivers:
Growing Demand for the Mushroom Products to be Used in Various Types of Food, Demand for the Maitake Mushrooms in the Medicines Production and Prevalence of Cancer Related Porblems
Challenges:
Availability of Substitute Maitake Mushroom Extract Products in the Market with Lower Quality
Restraints:
Adverse Health Impact Associated with Excess Consumption of Maitake Mushroom Extract
Opportunities:
Surging Awareness about the Health Benefits of Consuming Maitake Mushroom
Market Leaders and their expansionary development strategies
On 4th May 2021, Lobe Sciences Acquires Vitamind Line of Wellness Products. Vitamind is a brand of non-psychedelic functional mushroom products that includes three product lines that are specifically focused on boosting immune response and increasing mental clarity.
On 23rd September 2020, Unibar unveils mushroom extract as immunity NPD proliferates. Unibar has launched Maitake Pt78, an immunomodulating mushroom extract. This comes as other companies are also looking to mushrooms for immunity and wellness functionality.
Key Target Audience
Maitake Mushroom Extract Manufacturers, Maitake Mushroom Extract Distributors and Suppliers, Maitake Mushroom Extract International Traders, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.