Tremella Extract Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The global tremella extract market is anticipated to grow at a CAGR of 5.2% during the forecast period (2022-2028). This generation is becoming increasingly interested in living a healthy lifestyle. Herbal items or therapies have become more popular as they have fewer or no negative side effects, and these features have been highlighted as key drivers of the global tremella extracts market. Tremella extracts, which are used to manufacture herbal cosmetics, also offer anti-aging properties, which is why the cosmetic industry is booming. Tremella extracts are also becoming more popular in the food industry as a result of their antioxidant and pigmentation qualities. These characteristics are driving the demand for tremella extracts.

Tremella extract is a jelly fungus with gelatinous fruiting bodies the color of snow, earning it the nickname “snow fungus.” Tremella’s fruiting body resembles a loofah bath sponge, and tremella extract is equally as good for skincare as loofah. People across the globe are shifting from chemical cosmetics to herbal cosmetic products. In order to look young people nowadays spend a good amount of money, as well as they desire natural products in the market with no side effects. Therefore the market for tremella extract is anticipated to boost in the forecasted period.

The fruiting body of the basidiomycete fungus tremella, often known as snow ear or white fungus, is tremella extract. It has been utilized in China for hundreds of years for its great traditional therapeutic effects on skin, immunity, and disease prevention. Tremella polysaccharide is a key active ingredient found in Tremella fuciformis’ fruiting body, mycelium, and fermentation broth. Tremella polysaccharide is made up of a -1,3-glycosidic bond linking xylose, mannose, and glucuronic acid, with galactose, arabinose, and minor amounts of fucose in the side chains.

Some major players in the market include GREAF, Hybrid Herbs, Nammex, Nutra Green Biotechnology Co., Ltd., Plamed Green Science Group, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market.

Company and its Products

Hybrid Herbs offers Tremella Mushroom 10:1 Concentrated Extract Powder. The powder can be added to the teas, smoothies, and dishes without having to prepare them first. The tremella mushroom used is completely natural, with no additives, and it has a sweet, delectable flavor, just as nature intended.

Biothex Tremella by GREAF, for its anti-aging, anti-oxidation, and removal of chloasma and freckles on the face, is used as a high-end moisturizer and whitening agent. It’s a liquid herbal extract. With long-term benefits, it strengthens skin cell immunity and increases the moisture level of the skin stratum corneum. It prevents skin cells from aging, suppresses tyrosinase activity, fades melanin, and gets rid of chloasma and freckles. Moisturizing, brightening, and anti-aging creams all contain this ingredient.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Product Form
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- GREAF, Hybrid Herbs, Nammex, Nutra Green Biotechnology Co., Ltd., Plamed Green Science Group, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Tremella Extract Market Report by Segment

By Product Form

• Powder
• Liquid

By Application

• Cosmetics
• Pharmaceutical
• Others (Food & Beverages)

Global Tremella Extract Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa