Lion's Mane Extract Market was valued at USD 0.12 Billion in 2022 and is projected to reach USD 0.24 Billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030.
The global Lion's Mane Extract Market was valued at approximately USD 150 million in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 10.5% from 2023 to 2030. This growth is attributed to the increasing awareness of the health benefits associated with Lion's Mane extract, such as cognitive enhancement and neuroprotection. The rising adoption of natural and organic supplements is further driving market expansion. The market's robust growth is also supported by the increasing number of research studies highlighting the potential therapeutic benefits of Lion's Mane extract in treating neurological disorders and enhancing overall brain health.
Opportunity analysis reveals significant potential in emerging markets, particularly in Asia-Pacific and Latin America. These regions are witnessing a surge in consumer interest in dietary supplements and natural products, creating a lucrative landscape for market players. Additionally, the growing trend of self-medication and the rising prevalence of chronic diseases are expected to bolster demand for Lion's Mane extract. The expansion of e-commerce platforms and increasing availability of Lion's Mane products through online retail channels further presents substantial growth opportunities in these emerging markets. These factors collectively enhance the market's attractiveness and potential for substantial future growth.
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Laybio Natural
YT Biochem
Xi'an Greena Biotech
World Of Nature
GanoHerb Technology (Fujian) Corporation
NutraCap Labs
Zhejiang Biosan Biotech Co.
Ltd
Foodsporen
BL Bio Lab
Real Mushrooms
Biofinest
Hybrid Herbs
Teelixir
Terrasoul Superfoods
Activa Naturals
Na'vi Organics
Nutri Fungi
Mind Nutrition
Wild Foods
Pure Nootropics
Om Mushroom
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lion's Mane Extract Market
Pharma & Healthcare
Food & Feed Additives
Others
Based on Types the Market is categorized into Below types that held the largest Lion's Mane Extract market share In 2023.
Liquid
Cappsule
Tablet
Powder
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Lion's Mane Extract Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lion's Mane Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lion's Mane Extract Market, By Type
6. Global Lion's Mane Extract Market, By Application
7. Global Lion's Mane Extract Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Lion's Mane Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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