Press release
Ergothioneine Market is projected to reach USD 368.2 Million by 2031 - Mironova Labs, Inc., Merck KGaA, Blue California.
The Ergothioneine Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Ergothioneine market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.Download a Free sample PDF (Use Corporate email ID to Get Higher Priority) at: https://datamintelligence.com/download-sample/ergothioneine-market
Ergothioneine market was worth USD 29.6 Million in 2022, it is projected to reach USD 368.2 Million by 2031, with a CAGR of 38.1% within the forecast period (2024-2031).
Ergothioneine is a naturally occurring amino acid with potent antioxidant properties, found in mushrooms, legumes, and certain animal tissues. It protects cells from oxidative stress and supports healthy aging, immune function, and neurological health. Ergothioneine is absorbed through a specific transporter, indicating its importance in human biology. It is gaining attention in nutritional supplements and skincare products. Research suggests its potential role in preventing chronic diseases.
Competitive Landscape
The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as
Mironova Labs, Inc., Merck KGaA, Blue California, Aktin Chemicals Inc, Xi'an Saibang Biotechnology Co., Ltd, Bloomage Bioactive, Sinonocy, Total Nutraceutical Solutions, Inc., Jiangyin Healthway International Trade Co., Ltd and Taizhou Tianhong Biochemistry Technology Co., Ltd.
Key Developments:
❁ On July 15, 2020, Blue California filed a patent related to ergothioneine, positioning it as a potential supplement for addressing health issues associated with oxidative stress, including conditions linked to COVID-19. The patent highlights ergothioneine's antioxidant properties, suggesting that it may help mitigate oxidative stress, which has been a focus of research in the context of viral infections and overall health management.
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Market Segments
The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Ergothioneine market has been segmented
By Type: Chemical synthesis Method, Fermentation Method, Other.
By Application: Medical Industry, Food Industry, Cosmetics Industry.
Research Process
Both primary and secondary data sources have been used in the global Ergothioneine Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Regional Analysis for Ergothioneine Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Chapter Outline
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Ergothioneine market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Ergothioneine Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Ergothioneine market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Ergothioneine Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Ergothioneine market?
➠ Who are the global key manufacturers of the Ergothioneine Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Ergothioneine market opportunities and threats faced by the vendors in the global Ergothioneine Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Ergothioneine market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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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:
* Fungi: Mushrooms, particularly Pleurotus species (e.g., oyster mushrooms, king oyster mushrooms), Lentinula edodes (shiitake), and Boletus edulis (porcini), are rich sources of ergothioneine [https://www.sostapi.com/cosmetic-raw-material-ergothioneine-powder-ergothioneine-cas-497-30-3-product/]. These fungi accumulate EGT in their fruiting…
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.
Ergothioneine is an antioxidant molecule…
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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…