Chaga Mushroom Market Projected to Witness Vigorous Expansion by 2030

Posted by Aparna P on September 21st, 2022

Strong consumer sentiments for health drinks and increasing popularity of functional food and beverage products are driving the demand for healthful products such as chaga mushroom. Consumption of chaga mushroom or Inonotus obliquus is increasing in the food and beverage ingredients landscape owing to the health benefits provided by chaga mushrooms. Also, chaga mushroom products are highly embraced among intensifying ‘natural’ and ‘clean label’ trends.
Not only in the food and beverage industry, but chaga mushrooms also find application in other end-user industries such as personal care, cosmetics and pharmaceutical. Food and beverage brands are turning to natural ingredients to accommodate the rising demand for natural and organic products among consumers. With the research studies validating the health benefits of chaga mushrooms, demand for chaga mushroom is expected to increase significantly in the future. These factors are broadly influencing the chaga mushroom market globally.
Europe and the United States are the most lucrative markets for chaga mushrooms owing to significant popularity of change tea in these regions and increasing demand for change mushrooms as a rich source of antioxidants. Russia is the leading producer of change mushrooms with a suitable cold climate for mushrooms in the nation. Global demand for chaga mushroom is increasing steadily on the back of natural and organic product trend and increasing consumer health consciousness.
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Aparna P

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Aparna P
Joined: May 13th, 2021
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