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GLOBAL MEDICINAL MUSHROOM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Medicinal Mushroom Market, By Product Type (Reishi, Cordyceps, Lion’s Mane, Turkey Tail, Shiitake, Chaga, and Others), By Application (Immune Support, Anti-Cancer, Cognitive Support, and Others (Antioxidant, etc.)), By Distribution Channel (Pharmacies, Retail Stores, E-commerce, and Others), , By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa).

  • Published In : Feb 2024
  • Code : CMI6659
  • Pages :175
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical
Market Challenges – High Costs:

The medicinal mushroom market faces several challenges. As research into the health benefits of various mushroom species continues, consumers remain skeptical of claims that are not backed by strong clinical evidence. High costs associated with cultivation and production also limit access for some. Furthermore, as a largely unregulated natural supplement industry, issues of product quality and consistency have potential to undermine consumer trust.

Market Opportunities - Growing interest in alternative and natural medicines:

The market also presents many opportunities. Growing interest in alternative and natural medicines is driving demand. Medical communities are increasingly recognizing therapeutic properties of certain mushrooms. As supporting research emerges, consumer acceptance is likely to rise, helping this specialized industry expand. New cultivation techniques also promise to reduce production expenses over time.

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