Global Cordyceps Supplement Market Size, Share and Trends Analysis Report, By Type (Capsules, Tablets, and Powder), By Application (Dietary Supplement and Medicinal Use), By Distribution Channel (Retail Pharmacy and Online Pharmacy) Forecast Period (2022-2028)
The global cordyceps supplement market is anticipated to grow at a significant CAGR of 8.3% during the forecast period (2022-2028). Adenosine, cordycepin, EPSF (exopolysaccharide fraction), monosaccharide saponin, and cordyglucans are some of the active components in cordyceps sinensis extract. Cordyceps extract has been found to help in the treatment of a variety of ailments, including hypertension, diabetes, high cholesterol, and others, according to various clinical trials and research studies. Supplements containing cordyceps are commonly used to enhance immunity and reduce stress. The cordyceps supplements industry will be boosted by widespread product use in the treatment of stress-related diseases. For instance, in May 2021 according to the American Institute of Stress, about 33% of respondents say they are under a lot of stress. 77% of people suffer from stress, which has a negative impact on their physical health. Stress affects the mental health of 73% of people.
Cordyceps supplementation is also gaining traction in the treatment of liver-related disorders and cancer, since it promotes quick recovery from chemotherapy, improves libido, and boosts overall energy and strength. Cordyceps supplements including mushroom mixes, according to the National Center for Biotechnology Information, enhance tolerance to high-intensity anaerobic and aerobic activity. Itaara Foodtech Pvt. Ltd. offers Cordy Gold Cordyceps Capsules are manufactured from Cordyceps militaris, a powerful medicinal mushroom with a variety of health advantages. The highest quality substrate was used to create this product. They aid in the improvement of immunity, metabolism, and general health. These pills, among other things, offer antioxidant, anti-inflammatory, and adaptogenic qualities. It’s also a blood sugar stabilizer, an immunostimulant, a libido booster, and a cancer preventative.
Supplements containing cordyceps come in a variety of formats, including powder, capsules, and tablets. Cordyceps sinensis extract has been approved for use as a dietary supplement by the US Food and Drug Administration. This has resulted in high product demand, which will help the cordyceps supplement market maintain its revenue share through 2028. Since cordyceps sinensis & militaris extract is typically acquired in powder form, the powder sector is anticipated to contribute considerably to the cordyceps supplement market share through 2028. The powder is then used to make a variety of health supplement.
Due to the sheer rising frequency of mental diseases in the region, North America is predicted to be a key regional for cordyceps supplement market share through 2028. Cordyceps sinensis extracts have been demonstrated to help with symptoms associated with mental illnesses. Anxiety disorders are the most common mental ailment in the US, impacting almost 40 million persons aged 18 and above, According to the Anxiety & Depression Association of America. Over the projection period, the increase in the number of instances would provide profitable chances for industry expansion.
Some major players in the market include Itaara Foodtech Pvt. Ltd., Mushroom Science, Naturalin Bio-Resources Co., Oregon’s Wild Harvest, Paradise herbs And Essentials, Inc., Perfect Supplements LLC, Ltd., 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. Naturalin Bio-Resources Co., Ltd. offers Cordyceps militaris in the form of powder. It is certified as USDA organic and EU organic. Cordyceps extract nourishes the lungs and kidney and tonifies the essence and the vital enery. Cordyceps polysaccharide is the most abundant content and the most important biological active substance in the body of Cordyceps.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Itaara Foodtech Pvt. Ltd., Mushroom Science, Naturalin Bio-Resources Co., Oregon’s Wild Harvest, Paradise herbs And Essentials, Inc., Perfect Supplements LLC, Ltd., 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 Cordyceps Supplement Market Report by Segment
By Type
- Capsules
- Tablets
- Powder
By Application
- Dietary Supplement
- Medicinal Use
By Distribution Channel
- Retail Pharmacy
- Online Pharmacy
Global Cordyceps Supplement 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
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