The
Global Cordyceps
Market is anticipated to grow at
a higher CAGR during the forecast period. Cordyceps is an essential kind of
medicinal fungus due to its characteristic habitat. It is a parasite living on
larvae and pupae of insects. It has found significant use in the Chinese
medicine for centuries. Cordyceps is an abundant natural resource that undergoes
various biological activity and extensively used as a health supplement and
tonic for patients.
Cordyceps
market is driven by demand for herbal drugs and the need for natural medicinal
products for various ailments. Rise in consumers’ awareness for medicines also
supplements the market growth during the forecast period. Growing masculine
problems for the middle-aged males throughout economies is likely to demand a
robust solution during the estimated period. However, natural cordyceps an
infeasible availability which is highly expensive, hence cordyceps are grown in
laboratory. Cheap substitutes and low quality medicines hinders the market
growth.
Cordyceps
market is segmented by application into anti-tumour, antidiabetic, anti-asthma,
anti-oxidative, apoptotic and anti-hepatotoxicity. Geographical segmentation
for the market spans North America, South America, Europe, Asia-Pacific, Middle
East and Africa. Asia-Pacific regions are most likely to witness an upward
traction during the forecast period due to the rising demand for cordyceps
supplements for chronic health conditions. It is used as an energy enhancer to
deal with respiratory issues in the developing countries.
North
American and European regions are likely to witness medicinal transformation
and demand for cordyceps in order to deal with stomach issues owing to change
in consumer lifestyle. The key players profiled in the cordyceps market report
are Anshan Huayu Biotech Co Ltd, Dalian Lanshi Cordyceps Biotech Co Ltd,
Liaoning Limin Cordyceps Co Ltd, Jiangmen Honghao Bioscience Co Ltd, Henan
Huazhong Biotech Co Ltd, Ningqiang Likangfuxi Biotech Co Ltd, Shenyang Juxin
Cordyceps Co Ltd, Jiangxi Xiankelai Biotechnology Co Ltd, Dalong Biotechnology
Co Ltd and Sunrise Nutrachem Group.
Market Segment:
Leading players of Cordyceps including:
•
Tongrentang
•
Sanjiangyuan
•
Shenxiang
•
Tongqingyutang
•
Leiyunshang
•
KangMei
•
Jinkezangyao
•
Huqingyutang
•
Kangfulai
•
Zhufengshengao
Market split by Type, can be divided
into:
•
Dried
•
Wet
Market split by Application, can be
divided into:
•
Food and Beverages
•
Pharmaceutical
•
Cosmetics
•
Others
Market split by Sales Channel, can be
divided into:
•
Direct Channel
•
Distribution Channel
Comments
Post a Comment