Cordyceps Sinensis Market - Market Dynamics
Cordyceps sinensis offers medicinal properties such as cholesterol reduction, stimulation of the immune system, faster recovery from bronchitis, and other respiratory diseases, and increases efficiency of the circulatory system. Furthermore, it has anti-cancer properties and can be used in treatment of liver-associated diseases. It provides enhanced recovery from chemotherapy, improves libido, a general body adaptogen (enhanced body energy and strength)
High prevalence of chronic diseases such as cardiovascular disease, cancer, diabetes, and respiratory diseases would lead to increasing adoption of preventive healthcare products made from cordyceps sinensis extracts, which in turn would aid in growth of the cordyceps sinensis extract market. According to World Health Organizations statistics, in 2018, non-communicable diseases are responsible for over 41 million deaths, annually, which is equivalent to 71% of all deaths, worldwide. Furthermore, according to the same source cardiovascular diseases causes over 17.9 million deaths annually, followed by cancer (9.0 million), respiratory diseases (3.9million), and diabetes (1.6 million), respectively.
High prevalence of autoimmune and stress related disorders across the world, especially in developed regions such as North America and Europe. According to American Autoimmune Related Disease Association, more than 50 million people in the U.S. were affected by autoimmune disease in 2017. This would be another major factor driving growth of the cordyceps sinensis extract market. Increased preference for natural remedy for correcting chronic disease is new trend in world including U.S.
Cordyceps Sinensis Extract Market Report Snapshots
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