Press release
Global Cordyceps Sinensis Market to Reach $1.99 Billion by 2029, Growing at 10.6% CAGR
Cordyceps Sinensis
The Cordyceps sinensis market is projected to grow due to the rise in health and fitness consciousness. Health and fitness encapsulate a holistic state of well-being that includes physical, mental, and social health. By helping the body adapt to stress and maintain balance, Cordyceps sinensis can significantly contribute to overall resilience and wellness. As an illustration, a survey done by Nutrisystem, a weight-loss product provider from the US, in January 2022 revealed that 53% of its 2,000 participants aimed to lose weight in 2022, targeting an average loss of 14 pounds. Therefore, the escalating awareness regarding health and fitness underpins the expansion of the Cordyceps sinensis market.
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What is the projected compound annual growth rate (CAGR) of the cordyceps sinensis market from 2025 to 2034, and what factors influence it?
The market size for cordyceps sinensis has experienced significant growth of late. The market, which is projected to increase from $1.21 billion in 2024 to $1.33 billion in 2025, will enjoy a compound annual growth rate (CAGR) of 9.7%. The historically recorded growth is fueled by factors such as heightened health consciousness, advancements in research and development, a surge in demand for natural health products, fiscal augmentation and regulatory assistance.
The market for cordyceps sinensis is anticipated to witness a swift expansion in the forthcoming years, soaring to $1.99 billion by 2029, indicating a compound annual growth rate (CAGR) of 10.6%. The projected growth within this timeframe can be linked to factors such as an aging population, shifts in consumer tastes, widening of distribution networks, government policies, and strategic marketing and branding efforts. Key trends likely to shape the market during this forecast period consist of innovation in the nutraceutical sector, personalized health and wellness solutions, incorporation into functional foods, sustainable packaging options, and tailored supplements.
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How are the latest trends influencing the growth of the cordyceps sinensis market?
Major players in the Cordyceps sinensis market have turned to the formulation of innovative products such as mushroom extract serums as a strategy to reach a wider clientele, elevate sales and enhance revenue. Mushroom extract serums are skincare products infused with extracts sourced from mushrooms. An example of this is Shroom Skincare, a skincare company in the US, that in January 2023 unveiled a serum named Mycelium Glow Brightening Serum, which is enriched with cordyceps sinensis mushroom extract. What makes this serum stand out is its combination of mushroom extracts and vitamin C, which work together to brighten skin, encourage an even skin tone, and contribute to a glowing, healthy skin complexion. This eco-friendly oil serum does more than revitalise and moisturise the skin, it also leverages the antioxidant benefits of Maitake, Chaga, Reishi, and Cordyceps Sinensis mushroom extracts, teamed with Vitamin C. This potent blend provides a holistic skincare answer, defending against environmental harm, decreasing inflammation, boosting the skin's innate protections, and tackling a range of aging symptoms, including an uneven skin tone.
What are the major segments of the cordyceps sinensis market and their role in driving growth?
The cordyceps sinensis market covered in this report is segmented -
1) By Product: Dried, Wet
2) By Mode Of Cultivation: Natural, Artificial
3) By Application: Treatment, Healthcare
Subsegments:
1) By Dried: Whole Dried Cordyceps Sinensis, Powdered Dried Cordyceps Sinensis, Extracted Dried Cordyceps Sinensis (Concentrates)
2) By Wet: Fresh Cordyceps Sinensis, Wet Extracts Of Cordyceps Sinensis
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Which regions are key players in the growth of the cordyceps sinensis market?
North America was the largest region in the cordyceps sinensis market in 2024. The regions covered in the cordyceps sinensis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the cordyceps sinensis market?
Major companies operating in the cordyceps sinensis market include Zhufengshengao, Lei Yun Shang Pharmaceutical Group Co. Ltd., Tong Ren Tang, Nu Skin Enterprises, MycoTechnology Inc., Maypro Industries, Connoils LLC, Naturalin Bio-Resources Co. Ltd., Aloha Medicinals Inc., Oregon's Wild Harvest, Host Defense Mushrooms (Fungi Perfecti), Nutra Green Biotechnology Co. Ltd., Mushroom Wisdom Inc., Perfect Supplements LLC, Dragon Herbs, NutraMedix LLC, Naturealm LLC, Real Mushrooms, Qinghai Yushu San Jiang Yuan Cordyceps Technology Co. Ltd., Trividha Pharmaceuticals Pvt. Ltd., Kshipra Biotech Private Limited, NutraGenesis LLC, HealthTech BioActives S.L.U., Pure Essence Labs lnc., RidgeCrest Herbals, Sun Potion, HealthAid Limited, Oriveda BV
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What Is Covered In The Cordyceps Sinensis Global Market Report?
•Market Size Forecast: Examine the cordyceps sinensis market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the cordyceps sinensis market for a structured understanding.
•Key Players Overview: Analyze major players in the cordyceps sinensis market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cordyceps sinensis market.
•Segment Contributions: Evaluate how different segments drive overall growth in the cordyceps sinensis market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cordyceps sinensis market.
•Industry Challenges: Identify potential risks and obstacles affecting the cordyceps sinensis market.
•Competitive Landscape: Review strategic developments in the cordyceps sinensis market, including expansions, agreements, and new product launches.
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