Cordyceps Sinensis and Militaris Extract Market – Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
In the recent past, utilization of natural medicine in healthcare industry has increased significantly. The Cordyceps sinensis and cordyceps militaris, traditional Chinese medicine is one such herbal medicine that has witnessed an increase in adoption. Both cordyceps sinensis and militaris extract possesses medicinal properties such as cholesterol reduction, stimulation of the immune system, faster recovery from bronchitis and other respiratory diseases. Furthermore, it can also increase efficiency of the circulatory system, and these are factors expected to increase the demand for cordyceps species in the healthcare industry.
Market Dynamics
Government led initiatives in promoting development of traditional Chinese medicine (TCM), are expected to increase the utilization of TCM in the healthcare industry worldwide. For instance, in February 2013, the Chief Executive of Legislative Council Panel on Health Services, China, established the Chinese Medicine Development Committee (CMDC) to focus on the study of four major areas, namely the development of Chinese medicine services, personnel training and professional development, research and development, as well as development of the Chinese medicines industry (including Chinese medicines testing).
Manufacturers in cordyceps sinensis and militaris extract market are focusing on development of products for multiple end use including medicines, food products, and dietary supplements. Majority of the manufacturers are now focusing on production of cordyceps extract powder with an aim to further produce other drug formulations. For instance, in April 2016, Nammex Organic Mushroom Extracts launched organically certified Cordyceps militaris mushroom extracts. Nammex Cordyceps extracts are organically cultivated and supplied in a powder format to supplement manufacturers in North America.
Key features of the study:
This report provides in-depth analysis of the cordyceps sinensis and militaris extract market size (US$ Mn), and cumulative annual growth rate (CAGR (%)) for the forecast period (2022-2028), considering 2021, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by 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
Key players covered as a part of this study 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.
Insights from this report would allow marketers and management authorities of companies to make an informed decision with respect to their future product launch, governmental initiatives, technological 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, product manufacturers, distributors and suppliers for cordyceps sinensis and militaris extract market, research and consulting firms, new entrants, and financial analysts
Detailed Segmentation:
Global Cordyceps Sinensis and Militaris Extract Market, By Formulation:
Tablet/ Capsules
Liquid
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
By Country:
U.S.
Canada
By Formulation:
Tablet/ Capsules
Liquid
Powder
By Application:
Medicine
Dietary Supplements
Food Additives
By Strain Type:
Cordyceps Sinensis
Cordyceps Militaris
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
By Formulation:
Tablet/ Capsules
Liquid
Powder
By Application:
Medicine
Dietary Supplements
Food Additives
By Strain Type:
Cordyceps Sinensis
Cordyceps Militaris
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
By Formulation:
Tablet/ Capsules
Liquid
Powder
By Application:
Medicine
Dietary Supplements
Food Additives
By Strain Type:
Cordyceps Sinensis
Cordyceps Militaris
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
By Formulation:
Tablet/ Capsules
Liquid
Powder
By Application:
Medicine
Dietary Supplements
Food Additives
By Strain Type:
Cordyceps Sinensis
Cordyceps Militaris
Middle East
By Country:
GCC
Israel
Rest of Middle East
By Formulation:
Tablet/ Capsules
Liquid
Powder
By Application:
Medicine
Dietary Supplements
Food Additives
By Strain Type:
Cordyceps Sinensis
Cordyceps Militaris
Africa
By Country:
South Africa
Central Africa
North Africa
By Formulation:
Tablet/ Capsules
Liquid
Powder
By Application:
Medicine
Dietary Supplements
Food Additives
By Strain Type:
Cordyceps Sinensis
Cordyceps Militaris
Company Profiles
Naturalin bio-resources co., Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
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.
“*” marked represents similar segmentation in other categories in the respective section.
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