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 and reishi mushroom powder due to their various health benefits. Additionally, the growing pharmaceutical field is also anticipated to boost the demand for ganoderma & ling zhi powder in the coming years.
Product Definition:
Ganoderma lucidum, also called lingzhi or reishi, is a fungus that grows on the bark of trees. It has been used in traditional Chinese medicine for more than 2,000 years. Ganoderma & Ling Zhi Powder are usually used to improve general well-being, boost energy levels and support the immune system.
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 the prevention of cancer and other related diseases.
Organic ganoderma mushrooms have been proven to be helpful in the treatment of breast cancer, prostate cancer, lung cancer, skin melanoma & lymphoma and liver & stomach cancers.
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 mushroom powder helps to reduce stress, manage hypertension, enhance immune function & quality of life, control diabetes & obesity and improve cardiovascular health among other benefits.
Application Insights:
The personal use application segment led the global ganoderma & ling zhi powder market in 2017. Increasing awareness regarding healthy lifestyle practices and dietary supplements is expected to drive the demand for organic ganoderma and reishi mushroom powder in personal use applications over the forecast period.
The pharmaceutical field is anticipated to witness significant growth over the forecast period owing to rising geriatric population, increasing cases of chronic diseases such as cancer, cardiovascular diseases, diabetes mellitus type 2 etc., which are associated with Ganoderma and Ling Zhi Mushrooms consumption. This factor will boost product demand in pharmaceutical applications during future years.
Increasing research on medicinal benefits of Ganoderma & Ling Zhi mushrooms has resulted in increased product penetration across various industries including food supplements, animal feed additives among others which shall boost industry expansion during future years.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to high product demand as a result of growing health consciousness and increasing adoption of traditional Chinese medicine (TCM) practitioners. Increasing geriatric population prone to chronic diseases has led to an increase in demand for natural medicines, which is expected to drive market growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regional markets due its large population base and rising disposable income levels, thereby leading towards higher consumption rates. The presence of key manufacturers such as China Natural Food Inc., Shenzhen Benshen Pharmaceutical Co., Ltd., Hong Kong Polyphenolics Limited, Shanghai Xuyang Green Bio-Tech Co., Ltd.; will also support market growth during the forecast period.
Growth Factors:
- Increasing awareness about the health benefits of Ganoderma & Ling Zhi Powder is expected to drive the market growth.
- Rising demand for organic and natural products is another key factor that would fuel the market growth in the coming years.
- Growing popularity of traditional medicines is anticipated to create lucrative opportunities for the market players in Ganoderma & Ling Zhi Powder industry over the forecast period.
- Rapid urbanization and increasing disposable income of consumers are some other factors that are likely to boost demand for Ganoderma & Ling Zhi Powder in near future.
- The growing trend of self-medication is also projected to favor market growth during forecast period
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
145
Number of Tables & Figures
102
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.
How you may use our products:
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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 dietary supplement that is made up of extracts from ganoderma and ling zhi mushrooms. These mushrooms have been traditionally used in China to treat a variety of health conditions, including cancer. Ganoderma & Ling Zhi Powder is purported to help improve overall health by promoting better circulation, detoxification, and immune system function.
Some of the key players operating 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).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ganoderma & Ling Zhi Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ganoderma & Ling Zhi Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ganoderma & Ling Zhi Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ganoderma & Ling Zhi Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ganoderma & Ling Zhi Powder Market Size & Forecast, 2020-2028
4.5.1 Ganoderma & Ling Zhi Powder Market Size and Y-o-Y Growth
4.5.2 Ganoderma & Ling Zhi Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Organic Ganoderma Mushrooms
5.2.2 Reishi Mushroom Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Personal Use
6.2.2 Pharmaceutical Field
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ganoderma & Ling Zhi Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ganoderma & Ling Zhi Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Organic Ganoderma Mushrooms
9.6.2 Reishi Mushroom Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Personal Use
9.10.2 Pharmaceutical Field
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Organic Ganoderma Mushrooms
10.6.2 Reishi Mushroom Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Personal Use
10.10.2 Pharmaceutical Field
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Organic Ganoderma Mushrooms
11.6.2 Reishi Mushroom Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Personal Use
11.10.2 Pharmaceutical Field
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Organic Ganoderma Mushrooms
12.6.2 Reishi Mushroom Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Personal Use
12.10.2 Pharmaceutical Field
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Organic Ganoderma Mushrooms
13.6.2 Reishi Mushroom Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Personal Use
13.10.2 Pharmaceutical Field
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ganoderma & Ling Zhi Powder Market: Competitive Dashboard
14.2 Global Ganoderma & Ling Zhi Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jin Teik Organic Health Food Sdn. Bhd.(Malaysia)
14.3.2 Fujian Xianzhilou Biological Science & Technology.(CN)
14.3.3 Shenyang Ganoderma Lucidum planting base(CN)
14.3.4 Likangyuan Bio-Engineering. Fujian(CN)
14.3.5 Kaiping Healthwise Health Food(CN)
14.3.6 PT Swarna Agro Nusa(Indonesia)
14.3.7 Shenzhen Huikang Biology Technology. Nanchang Branch(CN)
14.3.8 Fujian Xianzhilou Nutra-Industry.(CN)
14.3.9 Organo Gold Enterprises Inc.(US)
14.3.10 NutriVitaShop(US)
14.3.11 Sun Potion Transformational Foods(US)
14.3.12 Monterey Bay Spice Company(US)
