SEATTLE, April 23, 2019 (GLOBE NEWSWIRE) -- According to Coherent Market Insights, the global cordyceps sinensis and militaris extract market was valued at US$ 473.4 million in 2018, and is projected to exhibit a CAGR of 10.4% during the forecast period (2018 – 2026).
Key Trends and Analysis of the Cordyceps Sinensis and Militaris Extract Market:
Increasing number of research studies on cordyceps sinensis for various health disorders is expected to boost growth of the cordyceps sinensis and militaris extract market. For instance, in October 2017, Shanghai-based research team discovered the biosynthesis mechanism of cordycepins, a cancer-resisting extraction from caterpillar fungus. In this study, the researchers decoded the biosynthesis of cordycepin from cordyceps militaris and also discovered the pentostatin production. These two compounds coexist in fungal cells in the form of a protector and protégé. High level of cordycepine leads to toxicity in the body. This biosynthesis of cordycepine coupled with pentostatins protects the stability of cordycepin by initiating a detoxification process. They also suggested that Cordyceps militaris is a much more affordable alternative to caterpillar fungus.
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Key players in the market offer a broad range of C.sinensis and C. militaris extracts in tablet and capsule form. Pure cordyceps capsules, Purica Cordyceps vegan Capsules, and Cordyceps+ are among the most popular capsules. Tablets such as Super Cordyceps by Mushroom Wisdom Inc. and Super Cordyceps by Mycology Research Laboratories are available in the market.
Cordyceps supplements are often used to enhance immunity and optimize health. For instance, according to National Center for Biotechnology Information, in 2017, supplementation of cordyceps militaris containing mushroom blend improves tolerance to high intensity aerobic and anaerobic exercise. It is suggested that long term supplementation or a high dosage of cordyceps is required to elicit substantial improvements.
Among regions, the Asia Pacific cordyceps sinensis and militaris extract market is expected to account for the largest market share owing to major production of cordyceps species, especially in China due to favorable climate in this region. For instance, in 2014, according to the survey of Huidian Research, the current production facility of artificial cordyceps militaris are in Jiangmen and Liaoning. Out of these areas, the production output of C.militaris in Laoning area has accounted for more than 70% of the total output.
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Key Market Takeaways:
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