Cordyceps Sinensis and Militaris Extract Market Growth Accelerated by Increasing Health Consciousness


 Cordyceps sinensis and Cordyceps militaris are rare species of fungi with acclaimed health benefits in traditional Chinese medicine. Commonly known as caterpillar fungus, these fungi are parasitic in nature and grows naturally at high altitudes. Caterpillar fungus is known for boosting immune system and energy levels. It also helps in managing fatigue, respiratory issues, kidney problems and even sexual dysfunctions. With mounting lifestyle diseases and increasing health consciousness, natural therapies like Cordyceps supplements are gaining widespread acceptance. 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 increasing popularity of functional foods and dietary supplements among health-conscious consumers is a key trend driving the growth of Cordyceps sinensis and militaris extract market. Cordyceps supplements are commonly marketed for their immunity boosting and anti-aging benefits. With growing awareness about preventive healthcare approach and natural alternatives, many fitness enthusiasts and athletes are regularly consuming cordyceps supplements. Leading supplement brands are launching innovative Cordyceps extracts standardized for key bioactive compounds to enhance efficacy. In addition, growing preference for herbal medicines over allopathy in developing Asian markets is further propelling the demand for Cordyceps extracts globally.

Segment Analysis
The global Cordyceps Sinensis And Militaris Extract market is dominated by the nutraceuticals sub-segment. This is because cordyceps extracts are increasingly being used in dietary supplements, which provide various health benefits like improved cardiovascular health, endurance, stamina, and immunity. The demand for herbal supplements containing cordyceps extracts is projected to grow at a high rate during the forecast period.

Key Takeaways
The global Cordyceps Sinensis And Militaris Extract market is expected to witness high growth over the forecast period.

Regional analysis: The Asia Pacific region currently dominates the global market and is expected to maintain its leading position over 2023-2030. This is due to the easy availability of raw materials in China, which is one of the largest producers and consumers of cordyceps worldwide.

Key players operating in the Cordyceps Sinensis And Militaris Extract market are Lubrizol Corporation, Naturalin bio-resources co. Ltd., NU SKIN ENTERPRISES INC., Quyuan sunnycare Inc., Shanghai Kangzhou Fungi Extract Co. Ltd., Xi'an Saina Biological Technology Co. Ltd. (Herbsino), Dalong Biotechnology Co. Ltd., Health Choice Limited, Nutra Green Biotechnology Co. Ltd, Sunrise Nutrachem Group Ltd., Ojas Farms, Golden Vital Agro Herbal Private Limited, MycoForest.

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