What's driving the Cordyceps Sinensis Extract Market trends? Key Company Profiled in Naturalin, Active Organics, Quyuan sunnycare Inc., Kangzhou, HERBSINO, SOST, Health Choice Limited, Zhongke Group

High prevalence of chronic diseases such as cardiovascular disease, cancer, diabetes, and respiratory diseases would lead to increasing adoption of preventive healthcare products made from cordyceps sinensis extracts, which in turn would aid in growth of the cordyceps sinensis extract market. According to World Health Organizations statistics, in 2018, non-communicable diseases are responsible for over 41 million deaths, annually, which is equivalent to 71% of all deaths, worldwide. Furthermore, according to the same source cardiovascular diseases causes over 17.9 million deaths annually, followed by cancer (9.0 million), respiratory diseases (3.9million), and diabetes (1.6 million), respectively.

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However, high cost of cordyceps sinensis extracts is expected to be a major factor deterring the market growth. Insufficient clinical evidence for many diseases such as cancer and diabetes may limit market growth for cordyceps sinensis extract. Furthermore, it is difficult to scale up the artificial cultivation of cordyceps sinensis species. High cost of cordyceps sinensis in the international market often leads to malpractice of adulteration and substitution in the extracts.

According to Centre for Disease Control and Prevention, seven of the top ten causes of deaths in the U.S., in 2014 were chronic diseases, heart diseases, and cancer, which together accounted for over 46% of the deaths in the country. Furthermore, increasing number of patients with mental disorders is expected to significantly expand adoption of cordyceps sinensis extracts as it has immense benefits in lowering symptoms related to mental disorder. According to Anxiety and Depression Association of America in 2017, anxiety disorders are the most common mental illness in the U.S., affecting around 40 million adults aged 18 years and above, or 18.1% of the population, annually. However, only 36.9% of those suffering from anxiety receive treatment.

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According to data presented by the Ministry of Agriculture and Rural Affairs of the Peoples Republic of China in 2011, China has 200,000 kg of Cordyceps and 120,000 kg was harvested. Qinghai and Tibet regions exports around 20,000 kg of cordyceps sinensis to the U.S., Japan, Korea, Europe, South East Asia, Hong Kong, Macao and Taiwan etc. with an annual export of over 20,000 kg. Furthermore, rising prevalence of chronic diseases and increasing adoption of traditional medicines for the treatment of such diseases in the region is expected to propel growth of the cordyceps sinensis extract market. As per World Health Organizations’ factsheet in 2018, 1 in 3

Major active ingredients in cordyceps sinensis extract include cordycepin, adenosine, exopolysaccharide fraction (EPSF), cordyglucans, and monosaccharide saponin. Scientific studies and clinical trials found that cordyceps sinensis extract can aid treatment of diabetes, high cholesterol, and hypertension. Furthermore, it boosts immunity and acts as stress reliever in stress related disorders.

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Key players operating in the global cordyceps sinensis market include Naturalin, Active Organics, Quyuan sunnycare Inc., Kangzhou, HERBSINO, SOST, Health Choice Limited, Zhongke Group, and Nutra Green.

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