Market Overview:
The Global Ganoderma/Ling Zhi Powder Market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for organic ganoderma mushrooms, rising awareness about the health benefits of ling zhi powder, and growing applications of ling zhi powder in personal care and pharmaceuticals. However, factors such as high price point and limited availability may restrain the market growth. Based on type, the global ganoderma/ling zhi powder market can be segmented into organic ganoderma mushrooms and reishi mushroom powder. Organic ganoderma mushrooms are projected to witness higher demand due to their numerous health benefits over reishi mushroom powder. By application, personal use is anticipated to account for a major share in terms of revenue owing to increasing adoption of ling zhi powders for various purposes including skin care, hair care, weight loss etc., followed by pharmaceutical field.
Product Definition:
Ganoderma/Ling Zhi Powder is a type of mushroom powder that has been used in traditional Chinese medicine for centuries. It is made from the dried fruiting bodies of Ganoderma lucidum, a medicinal mushroom. Ganoderma/Ling Zhi Powder is thought to have many health benefits, including improving cardiovascular health, boosting the immune system, and reducing inflammation.
Organic Ganoderma Mushrooms:
Ganoderma mushrooms are well known for their anti-cancerous properties. Organic ganoderma mushros contain a high amount of Ganodermin which helps in preventing the growth of cancer cells.
Organic ganoderma mushroom contains a high amount of bioactive compounds such as ergothioneine, vitellogenin, and protease inhibitors that help prevent or reduce the risk of chronic diseases including cancer.
Reishi Mushroom Powder:
Reishi mushroom powder is a highly potent medicinal mushroom and has been used in traditional Chinese medicine for thousands of years. It is also one of the top 50 ingredients in herbal supplements worldwide. The reishi/ling zhi powder market consists of two main products, namely ganoderma and ling zhi powders which are widely used as an alternative to antibiotics, anti-inflammatory drugs and other modern pharmaceuticals with fewer side effects.
Application Insights:
The personal use application segment led the global ganoderma/ling zhi powder market in 2017. This was attributed to rising awareness regarding healthy lifestyle practices and growing health consciousness among individuals, especially in developed countries like U.S., Canada, Australia and New Zealand. Furthermore, increasing spending on dietary supplements is expected to fuel the demand for ganoderma/ling zhi powder over the forecast period.
The pharmaceutical field application segment is anticipated to witness significant growth over the forecast period owing to extensive research being carried out on Ganoderma mushroom products for their medicinal benefits. For instance, a study published in Food & Function tested eight commercially available Ganoderma products found that six of them have potential as anti-cancer agents while one of them has potential as an antioxidant agent with no recorded activity against cancer cells at all (it showed weak cytotoxicity towards tumor cells).
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high product demand as a result of growing health awareness among consumers, coupled with an increase in spending on wellness products. In addition, rising consumer preference for dietary supplements due to increasing concerns regarding age-related diseases is expected to drive market growth over the forecast period.
Asia Pacific was valued at USD X million in 2017 and is anticipated to witness significant growth during the forecast years on account of rising geriatric population and improving living standards among middle-class income groups in China and Japan, which are major consumers of ling zhi powder products globally Ganoderma lucidum/ling zhi powder has been used traditionally as a medicine for centuries by Chinese herbal practitioners against cardiovascular diseases such as arrhythmia.
Growth Factors:
- Increasing awareness about the health benefits of Ganoderma/Ling Zhi Powder is expected to drive its demand in the coming years.
- The growing popularity of herbal supplements is anticipated to boost the growth of Ganoderma/Ling Zhi Powder market in the near future.
- Rising disposable income of consumers is likely to fuel the demand for premium quality Ganoderma/Ling Zhi Powder products over the forecast period.
- Growing number of online retailers offering Ganoderma/Ling Zhi Powder products is projected to positively impact market growth during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Ganoderma/Ling Zhi Powder Market Research Report
By Type
Organic Ganoderma Mushrooms, Reishi Mushroom Powder
By Application
Personal Use, Pharmaceutical Field, Others
By Companies
Jin Teik Organic Health Food Sdn. Bhd.(Malaysia), Fujian Xianzhilou Biological Science & Technology.(CN), Shenyang Ganoderma Lucidum planting base(CN), Likangyuan Bio-Engineering. Fujian(CN), Kaiping Healthwise Health Food(CN), PT Swarna Agro Nusa(Indonesia), Shenzhen Huikang Biology Technology. Nanchang Branch(CN), Fujian Xianzhilou Nutra-Industry.(CN), Organo Gold Enterprises Inc.(US), NutriVitaShop(US), Sun Potion Transformational Foods(US), Monterey Bay Spice Company(US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Ganoderma/Ling Zhi Powder Market Report Segments:
The global Ganoderma/Ling Zhi Powder market is segmented on the basis of:
Types
Organic Ganoderma Mushrooms, Reishi Mushroom Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Use, Pharmaceutical Field, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jin Teik Organic Health Food Sdn. Bhd.(Malaysia)
- Fujian Xianzhilou Biological Science & Technology.(CN)
- Shenyang Ganoderma Lucidum planting base(CN)
- Likangyuan Bio-Engineering. Fujian(CN)
- Kaiping Healthwise Health Food(CN)
- PT Swarna Agro Nusa(Indonesia)
- Shenzhen Huikang Biology Technology. Nanchang Branch(CN)
- Fujian Xianzhilou Nutra-Industry.(CN)
- Organo Gold Enterprises Inc.(US)
- NutriVitaShop(US)
- Sun Potion Transformational Foods(US)
- Monterey Bay Spice Company(US)
Highlights of The Ganoderma/Ling Zhi Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Ganoderma Mushrooms
- Reishi Mushroom Powder
- By Application:
- Personal Use
- Pharmaceutical Field
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ganoderma/Ling Zhi Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ganoderma/Ling Zhi Powder is a traditional Chinese medicine that has been used to treat a variety of health conditions for centuries. It is made from the dried spores of Ganoderma lucidum, which are believed to have medicinal properties. Ling Zhi powder can be used as an alternative treatment for various health issues, including anxiety, depression, and fatigue.
Some of the major players in the ganoderma/ling zhi powder market are Jin Teik Organic Health Food Sdn. Bhd.(Malaysia), Fujian Xianzhilou Biological Science & Technology.(CN), Shenyang Ganoderma Lucidum planting base(CN), Likangyuan Bio-Engineering. Fujian(CN), Kaiping Healthwise Health Food(CN), PT Swarna Agro Nusa(Indonesia), Shenzhen Huikang Biology Technology. Nanchang Branch(CN), Fujian Xianzhilou Nutra-Industry.(CN), Organo Gold Enterprises Inc.(US), NutriVitaShop(US), Sun Potion Transformational Foods(US), Monterey Bay Spice Company(US).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ganoderma/Ling Zhi Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ganoderma/Ling Zhi Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ganoderma/Ling Zhi Powder Market - Supply Chain
4.5. Global Ganoderma/Ling Zhi Powder Market Forecast
4.5.1. Ganoderma/Ling Zhi Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ganoderma/Ling Zhi Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ganoderma/Ling Zhi Powder Market Absolute $ Opportunity
5. Global Ganoderma/Ling Zhi Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Type
5.3.1. Organic Ganoderma Mushrooms
5.3.2. Reishi Mushroom Powder
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ganoderma/Ling Zhi Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Application
6.3.1. Personal Use
6.3.2. Pharmaceutical Field
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ganoderma/Ling Zhi Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ganoderma/Ling Zhi Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ganoderma/Ling Zhi Powder Demand Share Forecast, 2019-2026
9. North America Ganoderma/Ling Zhi Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Application
9.4.1. Personal Use
9.4.2. Pharmaceutical Field
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Type
9.7.1. Organic Ganoderma Mushrooms
9.7.2. Reishi Mushroom Powder
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ganoderma/Ling Zhi Powder Demand Share Forecast, 2019-2026
10. Latin America Ganoderma/Ling Zhi Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Application
10.4.1. Personal Use
10.4.2. Pharmaceutical Field
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Type
10.7.1. Organic Ganoderma Mushrooms
10.7.2. Reishi Mushroom Powder
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ganoderma/Ling Zhi Powder Demand Share Forecast, 2019-2026
11. Europe Ganoderma/Ling Zhi Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Application
11.4.1. Personal Use
11.4.2. Pharmaceutical Field
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Type
11.7.1. Organic Ganoderma Mushrooms
11.7.2. Reishi Mushroom Powder
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Prouct Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ganoderma/Ling Zhi Powder Demand Share, 2019-2026
12. Asia Pacific Ganoderma/Ling Zhi Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Application
12.4.1. Personal Use
12.4.2. Pharmaceutical Field
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Type
12.7.1. Organic Ganoderma Mushrooms
12.7.2. Reishi Mushroom Powder
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ganoderma/Ling Zhi Powder Demand Share, 2019-2026
13. Middle East & Africa Ganoderma/Ling Zhi Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Application
13.4.1. Personal Use
13.4.2. Pharmaceutical Field
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ganoderma/Ling Zhi Powder Market Size and Volume Forecast by Type
13.7.1. Organic Ganoderma Mushrooms
13.7.2. Reishi Mushroom Powder
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ganoderma/Ling Zhi Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ganoderma/Ling Zhi Powder Market: Market Share Analysis
14.2. Ganoderma/Ling Zhi Powder Distributors and Customers
14.3. Ganoderma/Ling Zhi Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jin Teik Organic Health Food Sdn. Bhd.(Malaysia)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fujian Xianzhilou Biological Science & Technology.(CN)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shenyang Ganoderma Lucidum planting base(CN)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Likangyuan Bio-Engineering. Fujian(CN)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kaiping Healthwise Health Food(CN)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PT Swarna Agro Nusa(Indonesia)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shenzhen Huikang Biology Technology. Nanchang Branch(CN)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fujian Xianzhilou Nutra-Industry.(CN)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Organo Gold Enterprises Inc.(US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NutriVitaShop(US)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sun Potion Transformational Foods(US)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Monterey Bay Spice Company(US)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
