Europe Medicinal Mushroom Market is expected to grow with a CAGR of 5.0% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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Europe medicinal mushroom market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenarios.

The major players dealing in Europe medicinal mushroom market are introducing a strong range of products provider and launching new products, and adopting strategic initiatives such as acquisition, business expansion, award, and recognition into the market. This has helped companies to maximize sales with an enhanced product portfolio.

For instance:

• In Octoberber 2021, Mycotrition GmbH merged with #HKS health solutions GmbH International which is a young company at first glance. The company focuses on the food supplement and pharmaceutical sector, whose strengths are now combined and made available at several locations in Germany and Austria

Nordic Mushrooms is the dominating player in Europe medicinal mushroom market. Some of the other key players existing in the market are Nyishar, MycoMedica d.o.o., Myko San, Mycotrition GmbH, and Suntory Beverage & Food Asia Pte Ltd., among others.

Nordic Mushrooms

Nordic Mushrooms is headquartered in Finland. The company focuses on making cutting-edge mushroom innovations and brig supply chain transparency. The company offer product category such as mushroom, which is also the market-focused category.

For instance,

• In May 2021, Nordic Mushrooms won the Start-up Award in the NutraIngredients Awards 2021. NutraIngredients Awards is a respected competition within the nutraceutical and food supplement industry. The award has helped the company create goodwill in the market and will help the market to grow rapidly

The company has a presence across Europe.

Nyishar

Nyishar is headquartered in the U.K. Their company focuses on helping the body and mind to adapt to the changing conditions of life that result in greater harmony and equilibrium, reducing pathological symptoms and promoting vitality. The company offers product categories such as medicinal fungi and resources, where medicinal fungi is the market-focused category.

For instance,

• In 2019, Nyishar created Educational Entertainment on YouTube. The company will be producing educational YouTube videos that are far beyond the standard of most online courses. The videos focus primarily on herbal medicine and nutrition and will soon explore traditional Tibetan medicine - one of the most profound and accurate healing systems. This development will create goodwill for the company

The company has a presence in Europe and North America.

MycoMedica d.o.o.

MycoMedica d.o.o. was founded in the year 2006 and is headquartered in Slovenia. The company focuses on cultivating and processing fungi and mushrooms to final products completely independently, in an environmentally friendly manner, on the highest quality level for their consumers. The company offers product categories such as mushroom cultivation, food supplements, wholesale and bulk products, where food supplements is the market-focused category.

For instance,

• In 2016, MycoMEdica.d.o.o. published a research paper on medicinal mushrooms to increase awareness regarding the benefits of medicinal mushrooms. This development has increased the company’s goodwill and will help the company to grow

The company has a presence across Europe, North America, and Asia-Pacific. The company also has various certifications like Certified National Quality Control Laboratories and Certified International Laboratories.