The Global Cordyceps
Sinensis and Militaris Extract Market, by Formulation (Tablet/Capsule,
Liquid, Powder), by Application (Medicine, Dietary Supplements, Food
Additives), by Strain Type (Cordyceps Sinensis and Cordyceps Militaris), was
valued at US$ 473.4 Mn in 2018, and is projected to exhibit a CAGR of 10.4%,
during the forecast period (2018 - 2026).
Cordyceps sinensis and cordyceps
militaris possesses many clinical and medicinal properties to cure various
disorders. Many researchers are engaged in evaluating the medicinal properties
of cordyceps for the treatment of various chronic disorders such as cancer and
arthritis. This creates an opportunity for market players to produce medicinal
products using these traditional Chinese medicines (Cordyceps sinensis and
cordyceps militaris). For instance, in March 2019, researchers 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 was proved to be effective in
treating osteoarthritis by blocking inflammation and by reducing
polyadenylation.
Browse 49 Market Data Tables and
29 Figures spread through 167 Pages and in-depth TOC on "Cordyceps
Sinensis and Militaris Extract Market, by Formulation (Tablet/Capsule, Liquid,
Powder), by Application (Medicine, Dietary Supplements, Food Additives), by
Strain Type (Cordyceps Sinensis and Cordyceps Militaris) - Global Forecast to
2026"
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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 growth of the
cordyceps sinensis extract market. According to World Health Organizations
statistics, in 2018, non-communicable diseases were responsible for over 41
million deaths annually, which is equivalent to 71% of all deaths, worldwide.
Furthermore, according to the same source, cardiovascular diseases cause over
17.9 million deaths annually, followed by cancer (9.0 million), respiratory
diseases (3.9million), and diabetes (1.6 million), respectively. Moreover,
rising demand for herbal medicine in primary healthcare is expected to
contribute to the growth of the cordyceps sinensis and militaris market. For
instance, according to Nutritional Outlook magazine in 2016, demand for herbal
cordyceps extract increased owing to its application in dietary supplements for
sports, energy, respiratory function, sexual health, and in many other
supplement formulators. Furthermore, the cordyceps sinensis extract produced by
the key player, Nammex, is available in North America, in order to meet demand
for Cordyceps Species in the North America region.
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Key Takeaways of the Cordyceps
Sinensis and Militaris Extract Market:
The global cordyceps sinensis and
militaris extract Market is expected to expand at a CAGR of 10.4% during the
forecast period (2018 – 2026), owing to increasing emergence of traditional
Chinese medicine in medicinal community
On the basis of formulation,
powder segment contributed the major share in the Cordyceps Sinensis and
Militaris Extract Market. Cordyceps sinensis and c. militaris extract is mostly
obtained in powder form as it can be further added to various health
supplements and food preparations such as beverages including tea, coffee,
smoothies, and shakes. Moreover, cordyceps sinensis and C. militaris extract
powder is mainly used by herbal drug manufacturers to produce finished products
such as tablets.
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.
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