, /PRNewswire/ -- The is estimated to grow by million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.05% during the forecast period.
For more insights on the forecast market size and historic data (2018 - 2022) - The rising societal acceptance and shifting views toward psychedelic substances are pivotal factors fueling the expansion of the psychedelic mushroom products market in the US. A change in public opinion, driven by evolving cultural norms and a deeper understanding of psychedelics, has led to increased acceptance. This trend is evident in the growing support for decriminalization proposals and ballot measures nationwide.
Additionally, documentaries, books, and media coverage highlighting the medicinal benefits of psychedelic mushrooms have contributed to a positive narrative. As more individuals adopt a holistic approach to mental health and well-being, there is a burgeoning demand for psychedelics as a tool for self-discovery and therapeutic purposes. Consequently, the growing acceptance of psychedelic substances is expected to have a favorable impact on the psychedelic mushroom products market in the US during the forecast period.
Research report provides comprehensive data on impact of trend, driver and challenges - The Psilocybe segment is on track to experience substantial growth in the coming years. This segment is distinguished by its key component, psilocybin, renowned for its psychedelic properties. The increasing ack.
