Title: Magic Mushroom Market
1Magic Mushroom MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Magic Mushroom Market Size is estimated to reach
1.2 billion by 2027. Furthermore, it is poised
to grow at a CAGR of 10.3 over the forecast
period of 2022-2027. Magic Mushroom or Psilocybin
mushrooms which are commonly known as shrooms,
mushies, blue meanies, golden tops, liberty caps,
philosopher's stones and liberties are a
polyphyletic informal group of fungi that contain
psilocybin that turns into psilocin upon
ingestion. Psilocybin is considered one of the
most well-known psychedelics, according to the
Substance Abuse and Mental Health Services
Administrations (SAMHSA). Magic mushrooms are
potential drugs for depression,
obsessive-compulsive disorder, quitting smoking,
alcohol addiction, cocaine addiction, cluster
headaches and cancer-related or other end-of-life
psychological distress. It functions as Lysergic
Acid Diethylamide (LSD), which is known as a
mind-altering drug.
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- Key Takeaways
- Geographically, North America held a dominant
market share in the year 2021, owing to the
increasing burden of mental disorders and growing
demand for lysergic acid diethylamide drugs help
to grow Magic Mushroom Market Size in this
region. - The Magic Mushroom Industry is predicted to
increase owing to innovative drugs launched by
key market players and research and development
on Hygrophorus mushrooms. However, the lack of
skilled technicians may limit market growth over
the forecast period 2022-2027. - A detailed analysis of strengths, weaknesses,
opportunities and threats will be provided in the
Magic Mushroom Market Report.
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By Distribution Channel- Segment Analysis The
Magic Mushroom Market based on the form can be
further segmented into Fresh and Processed. The
Processed segment held a dominant market share in
the year 2021 and is estimated to grow with the
fastest CAGR rate of 10.9 over the forecast
period 2022-2027. This is owing to the use of
mushroom which is processed by dephosphorylation
and can be eaten with mixed food and with
beverages, they eat as dried, or smoked with
cannabis and also drink as tea. The processed
form of mushroom such as mushroom going through a
dephosphorylation process is mostly used in
pharmaceuticals for the study and develop new
drugs.
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- Magic Mushroom Market Industry Outlook
- Champignon Brands Inc.
- Hollister Biosciences Inc
- Red Light Holland
- Axsome Therapeutics Inc
- Johnson Johnson
- Champignon Brands Inc.
- Artisan Growers Ltd.,
- Novo Formulations Ltd.
- Herbalife Nutrition Ltd.
- Monterey Mushroom, Inc
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Magic Mushroom Market Forecast (2022 - 2027)
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mushroom-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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