Cordyceps (also known as caterpillar fungi) is an uncommon, resilient, and highly rated fungus that has been utilized in Chinese medicine for generations. The two most popular cordyceps species are cordyceps sinensis and cordyceps militaris, which total about 680 different species. Cordyceps is useful in the treatment of conditions like anemia, irregular heartbeat, high cholesterol, liver issues, dizziness, cough, etc.
Market Dynamics
Increasing number of research studies on cordyceps sinensis for various health disorders is expected to witness significant growth in forecast period. For instance, in March 2019, researcher at the University of Nottingham's School of Pharmacy showed that the cordycepine (an active compound isolated from the caterpillar fungus Cordyceps militaris) possesses anti-inflammatory properties, which is proved to be effective in treating osteoarthritis by blocking inflammation by reducing polyadenylation.
Increasing product launches by market players are expected to drive growth of the global Cordyceps Sinensis And Militaris Extract Market over the forecast period. For instance, in February 2022, Monterey Mushrooms, a mushroom-growing company, launched a new product line that includes organic full spectrum and Mycelium Plus mushroom powders for usage as ingredients by food and supplement producers. The company's first three mushroom powders are Lion'sMane, Cordyceps, and Chaga.
Increasing number of agreements between market players is expected to drive growth of market over the forecast period. For instance, in October 2020, Nutralliance, a premium ingredient supplier, signed an exclusive sales and distribution agreement with Finland-based, KP Biotech Ltd. for its Nordic Mushrooms wholesale mushroom extract product line, which comprises Finnishgrown, organic mushrooms such as chaga, reishi, lion's mane, shiitake, and cordyceps (Cordyceps militaris).
Key features of the study:
- This report provides an in-depth analysis of the global Cordyceps Sinensis And Militaris Extract Market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global Cordyceps Sinensis And Militaris Extract Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
- Key companies covered as a part of this study include Lubrizol Corporation, Naturalin bio-resources co. Ltd., NU Skin Enterprises Inc., Quyuan sunnycare Inc., Shanghai Kangzhou Fungi Extract Co. Ltd., Xi'an Saina Biological Technology Co. Ltd. (Herbsino), Dalong Biotechnology Co. Ltd., Health Choice Limited, Nutra Green Biotechnology Co. Ltd, Sunrise Nutrachem Group Ltd., Ojas Farms, Golden Vital Agro Herbal Private Limited, MycoForest.
- Insights from this report would allow marketers and the management authorities of the companies to make an informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
- The global Cordyceps Sinensis And Militaris Extract Market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global Cordyceps Sinensis And Militaris Extract Market.
Detailed Segmentation:
- Global Cordyceps Sinensis And Militaris Extract Market, By Formulation:
- Tablet
- Liquid
- Powder
- Extract Powder
- Whole Powder
- Global Cordyceps Sinensis And Militaris Extract Market, By Application:
- Medicine
- Dietary Supplements
- Food Additives
- Global Cordyceps Sinensis And Militaris Extract Market, By Strain Type:
- Cordyceps Sinensis
- Cordyceps Militaris
- Global Cordyceps Sinensis And Militaris Extract Market, By Region:
- North America
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Lubrizol Corporation *
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Naturalin bio-resources co. Ltd.
- NU SKIN ENTERPRISES INC.
- Quyuan sunnycare Inc.
- Shanghai Kangzhou Fungi Extract Co. Ltd.
- Xi'an Saina Biological Technology Co. Ltd. (Herbsino)
- Dalong Biotechnology Co. Ltd.
- Health Choice Limited
- Nutra Green Biotechnology Co. Ltd
- Sunrise Nutrachem Group Ltd.
- Ojas Farms
- Golden Vital Agro Herbal Private Limited
- MycoForest
“*” marked represents similar segmentation in other categories in the respective section.
