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Ergothioneine (EGT) Market 2023 | Futuristic Trends- Mironova Labs, Tetrahedron, Blue California, Sobeo Biotech, Bloomage Bioactive, Sinonocy
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With their top-notch knowledge, our experts utilize industry techniques to collate and examine data at all stages. The report incorporates upstream crude materials and downstream necessities examinations. The most notable players in the market are analyzed. The Ergothioneine (EGT) research report provides an itemized outline of noticed market patterns and critical regions with development potential. The investigation gauges the development in market size, piece of the pie, request, practices, and gross deals of Ergothioneine (EGT) market.
The report provides a comprehensive analysis of company profiles listed below:
- Mironova Labs
- Tetrahedron
- Blue California
- Aktin Chemicals,Inc.
- Sobeo Biotech
- Bloomage Bioactive
- Sinonocy
- Taizhou Tianhong Biochemistry Technology Co., Ltd.
Ergothioneine (EGT) Market Segment by Type:
- Chemical synthesis Method
- Fermentation Method
- Other
Ergothioneine (EGT) Market Segment by Application:
- Medical
- Food
- Cosmetics
The study report offers a comprehensive analysis of Ergothioneine (EGT) Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Ergothioneine (EGT) Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Ergothioneine (EGT) Market will be able to gain the upper hand as they use the report as a powerful resource.
Scope of this Report:
• This report segments the global Ergothioneine (EGT) market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
• The report helps stakeholders understand the pulse of the Ergothioneine (EGT) market and provides them with information on key market drivers, restraints, challenges, and opportunities.
• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
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1. Microbial Biosynthesis: The Primary OriginErgothioneine is predominantly synthesized by microorganisms, including fungi, bacteria, and cyanobacteria. Its biosynthesis pathway involves the condensation of L-histidine and L-cysteine, catalyzed by specific enzymes such as EgtB and EgtA . For example:
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Ergothioneine Market to Surge to USD 368.2 Million by 2030
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The global ergothioneine market was valued at USD 29.6 million in 2022 and is projected to reach USD 368.2 million by 2030, exhibiting a CAGR of 38.1% during the forecast period (2023-2030). Ergothioneine is a naturally occurring amino acid sourced from cyanobacteria and non-yeast fungi such as mushrooms. It is primarily acquired through food and accumulates in various parts of the human body, including red blood cells, bone…
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Ergothioneine Market is projected to reach USD 368.2 Million by 2030
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Ergothioneine is an amino acid that occurs naturally in cyanobacteria such as Actinomycetales and non-yeast fungi such as mushrooms. Ergothioneine is typically acquired by diet and accumulates in red blood cells, bone marrow, liver, kidney, body fluids, and the eyes. Ergothioneine has been permitted as an addition in food, cosmetics, and pharmaceutical items by major nations such as the United States and the European Union.
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Market Overview
The Ergothioneine Market is expected to grow at a high CAGR of 5% during the forecast period (2022-2029).
Ergothioneine (EGT) is a sulfur-containing amino acid biosynthesized in fungus and bacteria, stored in plants, and consumed by humans. It is concentrated in oxidatively stressed tissues. Ergothioneine (EGT) is commonly obtained from fermentation and chemical synthesis. Ergothioneine (EGT) is used as a preservative in various food products and an antioxidant in various…
