Cordyceps
Sinensis and C. militaris is a combination of parasitic fungus
species and dead caterpillars that offer several potential health
applications. It has been used in Traditional Chinese medicine, and
Tibetan medicine as a remedy for around 21 ailments such as low
immunity, high blood pressure etc. Cordyceps spores grow inside the
caterpillar’s body and infect it, thus slowly degrading the living
larva and mummify it in the soil. A cordyceps stem eventually emerges
from head part of the caterpillar.
Major
active ingredients in cordyceps sinensis extract include cordycepin,
adenosine, exopolysaccharide fraction (EPSF), cordyglucans, and
monosaccharide saponin. Scientific studies and clinical trials have
found that cordyceps sinensis extract can aid treatment of diabetes,
high cholesterol, and hypertension. Furthermore, it boosts immunity
and acts as a stress reliever in stress related disorders.
The
global cordyceps sinensis and militaris extract market size was
valued at US$ 473.4 million in 2018, and is expected to witness a
CAGR of 10.4% during the forecast period (2018 – 2026).
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Increasing
emergence of traditional Chinese medicine in medicinal community is
expected to drive growth of the cordyceps sinensis and militaris
extract market
Traditional
Chinese medicine (TCM) Cordyceps sinensis and C. Militaris are the
potential bio-metabolites for herbal medicines. This cordyceps
category has shown considerable significance in several clinical and
biotechnological applications such as genetic and nutritional
requirements.
TCM
comprises traditional Chinese medicinal materials, decoction pieces,
Chinese patented medicines, herbal extracts, and healthcare products.
Internationalization of TCM products is expected to help other
countries and regions to develop and produce traditional Chinese
medicines in order to serve the healthcare industry. Among all the
TCM products, Cordyceps sinensis is the most explored species,
followed by C. millitaris.
For
instance, as per the National Center for Biotechnology Information
report, in 2016, the total import and export value of TCM was
accounted for US$ 4.6 Bn, which represented 4.45% of the total value
of import and export of Chinese pharmaceutical products. However, the
value of export declined by 9.13%, from US$ 3.77 Bn in 2015 to US$
3.426 Bn in 2016, while the import value increased by 14.50%, from
US$ 1.025 Bn in 2015 to US$ 1.174 Bn in 2016.
Cordyceps
Sinensis and Militaris Extract Market- Regional Analysis
Regional
segmentation of the global Cordyceps Sinensis and Militaris Extract
Market comprises North America, Latin America, Europe, Asia Pacific,
Middle East, and Africa.
Manufacturers
in North America region are importing cordyceps sinensis extract to
produce different types of medical formulations such as tablets and
capsules. For instance, in August 2018, HANAH Life, the developer of
Ayurvedic super food HANAH ONE, launched its Cordyceps+ in the North
America market. Cordyceps+ is a combination of wild Bhutanese
Cordyceps sinensis, with eight other herbs and minerals. The price of
HANAH Cordyceps+ is US$168 for 30 capsules in the U.S. Furthermore,
increasing number of patients with mental disorders is expected to
significantly expand adoption of cordyceps sinensis extracts as it
has immense benefits in lowering symptoms related to mental disorders
such as depression, anxeity.
Cordyceps
Sinensis and Militaris Extract Market - Competitive Landscape
Key
players operating in the 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.
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
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