About Black Fungus
Black Fungus is an edible jelly fungus. It grows on trees in mountainous regions, is gray-brown in color, and is often used in Asian cooking, especially Chinese cuisine. It is commonly known as cloud ear, wood ear, or jelly mushroom like appearance. It is been used as a meat substitute in Chinese cooking, and has high nutritional value. There is numerous benefit of eating black fungus food such as the rich source of selenium, lower cholesterol, prevent diabetes, improve bone health, nutrient absorption, boost the immune system, lower blood pressure, and others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies 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.
Hailin Beiwei Natural Food Co. Ltd. (China), Urban Platter (India), Hubei YUGUO Gu Ye (China), Qingdao Sunrise Biotechnology Co., Ltd. (China), JIAOZUO HAILIAN FOOD CO., LTD. (China), XIAMEN SINOFROST Co., Ltd (China), New Natural (Anhui) Biotechnology Co., Ltd. (China) and Xinle City Hongyuan Carbon Black Sales Center (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Black Fungus market by Type (Dry Black Fungus and Wet Black Fungus), Application (Food, Medicine, Nutrition and Others) and Region.
On the basis of geography, the market of Black Fungus 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). If we see Market by End User, the sub-segment i.e. Household will boost the Black Fungus market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising popularity in medical field about black fungus and Rising demand as a meat substitutes
Market Growth Drivers:
Demand for nutritional products and dietary supplements and Rise in consumer awareness about health and wellness
Challenges:
Harmful impact on the environment
Restraints:
Food safety concerns
Opportunities:
Rising consumer awareness about nutritional Value and Growing demand for healthy food options with longer shelf life
Key Target Audience
Industry Investors, Black Fungus Suppliers, End User Industries, Traders, and Distributors, Government and Research Organizations and Associations and Industry Bodies
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.