Cordyceps Market Profile | Dynamics and Key Players | Forecast To 2028

CITY, Country, 2020-Jul-14 — /EPR Network/ —

Global Cordyceps Market research report offers a complete breakdown of the industry scope, assumptions, segmentation, key strategies, revenue, shares, and size of top players. This syndicated research report also provides application, regional, product insights, and offers ready, data-driven answers to many industry-level questions.

Market Overview:

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.

Key Players:

• Tong Ren Tang
• Sanjiangyuan
• Shen Xiang
• Tong Qing Yutang
• Lei Yun Shang
• Kang Mei
• Hu Qing Yu Tang

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Growth Drivers:

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.

Market Segment:

Market split by Type
• Dried
• Wet

Market split by Application
• Food and Beverages
• Pharmaceutical
• Cosmetics
• Others

Market split by Sales Channel
• Direct Channel
• Distribution Channel

Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

Regional Insights:

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 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.

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Report contents include:
• Analysis of the market including revenues, future growth, market outlook
• Historical data and forecast
• Regional analysis including growth estimates
• Analyzes the end user markets including growth estimates.
• Company Profiles  including products, sales/revenues, and market position
• Market structure, market drivers, and restraints.