Global Cordyceps Sinensis and Militaris Extract Market to Surpass US$ 1 Billion by 2026


SEATTLE, April 23, 2019 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global cordyceps sinensis and militaris extract market was valued at US$ 473.4 million in 2018, and is projected to exhibit a CAGR of 10.4% during the forecast period (2018 – 2026).

Key Trends and Analysis of the Cordyceps Sinensis and Militaris Extract Market:

Increasing number of research studies on cordyceps sinensis for various health disorders is expected to boost growth of the cordyceps sinensis and militaris extract market. For instance, in October 2017, Shanghai-based research team discovered the biosynthesis mechanism of cordycepins, a cancer-resisting extraction from caterpillar fungus. In this study, the researchers decoded the biosynthesis of cordycepin from cordyceps militaris and also discovered the pentostatin production. These two compounds coexist in fungal cells in the form of a protector and protégé. High level of cordycepine leads to toxicity in the body. This biosynthesis of cordycepine coupled with pentostatins protects the stability of cordycepin by initiating a detoxification process. They also suggested that Cordyceps militaris is a much more affordable alternative to caterpillar fungus.

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Key players in the market offer a broad range of C.sinensis and C. militaris extracts in tablet and capsule form. Pure cordyceps capsules, Purica Cordyceps vegan Capsules, and Cordyceps+ are among the most popular capsules. Tablets such as Super Cordyceps by Mushroom Wisdom Inc. and Super Cordyceps by Mycology Research Laboratories are available in the market.

Cordyceps supplements are often used to enhance immunity and optimize health. For instance, according to National Center for Biotechnology Information, in 2017, supplementation of cordyceps militaris containing mushroom blend improves tolerance to high intensity aerobic and anaerobic exercise. It is suggested that long term supplementation or a high dosage of cordyceps is required to elicit substantial improvements.

Among regions, the Asia Pacific cordyceps sinensis and militaris extract market is expected to account for the largest market share owing to major production of cordyceps species, especially in China due to favorable climate in this region. For instance, in 2014, according to the survey of Huidian Research, the current production facility of artificial cordyceps militaris are in Jiangmen and Liaoning. Out of these areas, the production output of C.militaris in Laoning area has accounted for more than 70% of the total output.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/cordyceps-sinensis-and-militaris-extract-market-2578

Key Market Takeaways:

  • The global cordyceps sinensis and militaris extract market is projected to witness CAGR of 10.4% during the forecast period (2018 – 2026), owing to increasing preference of TCM products. Furthermore, herbal medicines are distributed as dietary supplements and are taken by many individuals for a long period, which is expected to aid growth of the market.
  • Among region, Asia Pacific is expected to show significant growth for cordyceps sinensis and militaris extract market, owing to rising prevalence of chronic diseases and increasing adoption of traditional medicines for the treatment of such diseases in the region is expected to propel growth of the cordyceps sinensis extract market.
  • Major players operating in the global cordyceps sinensis and militaris extract market include Naturalin bio-resources co., Ltd, The Lubrizol Corporation, Quyuan sunnycare Inc., Shanghai Kangzhou Fungi Extract Co., Ltd., Xi'an Saina Biological Technology Co., Ltd. (Herbsino), Dalong Biotechnology Co., Ltd, Health Choice Limited, Nutrastar International Inc., Nutra Green Biotechnology Co., Ltd.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.


            

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