The Global Cordyceps Militaris Market size is projected to grow from USD 6.5 billion in 2018 to USD 10.3 billion by 2028, at a CAGR of 7%. The growth can be attributed to the rise in online shopping and the increasing demand for natural products among consumers. Moreover, there are many other factors that will boost the Cordyceps Militaris market such as its usage for treating various diseases including diabetes mellitus type 1 and 2, cancer, asthma, etc., which further enhances revenue generation potentials of this market.
Cordyceps Militaris is a species of fungi that are parasitic to insects. These fungi have long been used as herbal medicines in Asia, and now they can be found in North America and Europe. The Cordyceps Militaris works by increasing oxygen uptake into muscles without raising blood pressure. This effect causes increased ATP production which provides the energy needed for muscle contraction and movement (like walking or running). Cordyceps Militaris also lowers cortisol levels after exercise, allowing for quicker recovery.
On the basis of Types, the market is segmented into Artificial and Natural.
Artificial Cordyceps Militaris is a medicinal fungus manufactured from the cultured mycelia of Schizophyllum commune. It is produced and marketed as an alternative to natural cordyceps militarist, which can be difficult to find in nature and expensive when it becomes available.
Natural Cordyceps Militaris can be defined as the mycelium of the fungus Cordyceps militaris. It is grown into a mold-like organism and is mainly used as an antioxidant, anti-inflammatory agent, and immune modulator in dietary supplements. Natural cordyceps militaris has been found to be more potent than its counterpart in some cases.
On the basis of Application, the market is segmented into Online, Drug stores, and Others.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is estimated to account for a larger share of revenue and will be followed by Europe in terms of size, whereas the Asia Pacific is projected to witness the fastest growth rate among regions.
This growth can be attributed to various factors such as expanding application, increasing the number of publications and patents on natural products in cancer research, growing awareness about benefits offered by this product.
In addition, other driving factors for the global cordyceps militaris market are new treatment modalities being developed using medicinal mushrooms; improving regulatory frameworks that facilitate access to capital from private equity firms and risk-taking venture capitalists; rising prevalence rates of chronic diseases like diabetes and obesity due to changing lifestyles leading towards increased demand for complementary therapies that offer wellness solutions with no side effects; a large increase in funding opportunities driven by government funding for research initiatives; and the recent rise in popularity of wellness tourism.
Up Market Research published a new report titled “Cordyceps Militaris Market research report which is segmented by Types (Artificial Cordyceps Militaris, Natural Cordyceps Militaris), By Applications (Online Sales, Drug Store, Others), By Players/Companies Host Defense Cordyceps, Aloha Medicinals, MRM Cordyceps, BulkSupplements Pure, Real Herbs Cordyceps, Oregon’s Wild Harvest, Solaray Cordyceps, Paradise Herbs, Pure Essence Labs, Perfect Company, Natural Force, Vegavero, Swanson”.
Report Attributes | Report Details |
Report Title | Cordyceps Militaris Market Research Report |
By Type | Artificial Cordyceps Militaris, Natural Cordyceps Militaris |
By Application | Online Sales, Drug Store, Others |
By Companies | Host Defense Cordyceps, Aloha Medicinals, MRM Cordyceps, BulkSupplements Pure, Real Herbs Cordyceps, Oregon’s Wild Harvest, Solaray Cordyceps, Paradise Herbs, Pure Essence Labs, Perfect Company, Natural Force, Vegavero, Swanson |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 211 |
Number of Tables & Figures | 148 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Artificial Cordyceps Militaris, Natural Cordyceps Militaris and By Application Online Sales, Drug Store, Others.
Some of the companies that are profiled in this report are:
Cordyceps Militaris Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Cordyceps Militaris Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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