Baikal Herbs Ltd. is one of the leaders on the global chaga products market
Report from Technavio company names Baikal Herbs Ltd. as one of the leaders on the global chaga products market, as one of the most well-known and important players on the market of over 8 billion USD in 2020. Moreover, it is expected that the market will grow further and importance of Baikal Herbs Ltd. will grow accordingly.
Health benefits of chaga are prominently mentioned in the report. This is the factor for good growth potential on the market. It is expected that the market will grow at CAGR 14% till 2024.
Recent reports also mention that COVID-19 will be the growth driver for chaga market. This can be attributed to the effects of chaga that are known to strengthen the immunity of consumers.