Cordyceps Sinensis And Militaris Extract Market Growth Accelerated by Rising Health Consciousness
Cordyceps sinensis and militaris extract are fungus that grows naturally on caterpillars. They are known for their immunity boosting and antioxidant properties. The extracts are produced from cultured mycelium of cordyceps mushrooms and offer similar health benefits as wild cordyceps. They are commonly used as ingredients in dietary supplements, functional foods, and herbal tonics to promote adrenal health, increase physical stamina and support recovery. The global Cordyceps Sinensis And Militaris Extract Market is estimated to be valued at US$ 1,072.5 Mn in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising popularity of traditional medicines and growing health consciousness
among consumers are driving the demand for cordyceps extracts. Users are
increasingly adopting natural remedies to support their health needs instead of
allopathic medicines. Cordyceps supplements are perceived to have negligible
side effects and boost immunity which has boosted their consumption
significantly. Manufacturers are offering new product varieties such as
portable shots, powders, teas and capsules for enhanced consumer convenience.
Novel production techniques to cultivate cordyceps strands at an industrial
level have also increased global supply of the ingredients, benefitting the
market growth over the forecast period.
Segment Analysis
Cordyceps
Sinensis and Militaris Extract Market is segmented into Cordyceps sinensis
extract and Cordyceps militaris extract. Cordyceps sinensis extract dominates
the market and accounts for around 70% market share owing to its wide
applications in food and beverages, pharmaceuticals, and nutraceuticals
industries. It is traditionally used in Chinese medicine and has high demand
for its anti-aging and aphrodisiac properties.
Key Takeaways
The global Cordyceps Sinensis And Militaris Extract Market is expected to
witness high growth.
Key players operating in the Cordyceps Sinensis And Militaris Extract Market are Lubrizol, Swanson, Meteorite Mushrooms, Aloha Medicinals, and MRM Cordyceps. Lubrizol is one of the largest manufacturers of Cordyceps extracts globally. Swanson offers a wide range of mushroom supplements including Cordyceps extracts on online platforms.

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