Cordyceps Militaries Market
Cordyceps Militaries Market Forecasts to 2030 - Global Analysis By Product Type (Powder, Capsules, Extracts, Whole Mushroom, Liquid Form and Other Product Types), Source Type, Distribution Channel, Application, End User and By Geography
According to Stratistics MRC, the Global Cordyceps Militaries Market is accounted for $1.0 billion in 2024 and is expected to reach $2.4 billion by 2030 growing at a CAGR of 14.8% during the forecast period. Cordyceps militaris is a parasitic fungus known for its medicinal properties. It primarily targets insects, infecting them and ultimately consuming their host. Widely recognized in traditional medicine, particularly in Chinese and Tibetan cultures, it’s believed to boost energy, enhance stamina, and support immune function. Its bioactive compounds, such as cordycepin, have been studied for potential anti-inflammatory, antioxidant, and anti-cancer effects. Modern research continues to delve into its therapeutic applications, making it a subject of growing interest in health and wellness circles.
According to the World Health Organization (WHO), the global prevalence of diabetes among individuals over 18 years old increased from 4.7% in 1980 to 8.5% in 2014.
Market Dynamics:
Driver:
Increasing demand for natural remedies
The demand for natural remedies has significantly increased in the market, driven by growing consumer interest in holistic health and alternative treatments. As people seek plant-based, sustainable options to enhance energy, immunity, and overall well-being, Cordyceps militaris has gained popularity due to its reputed medicinal benefits. This surge in demand is also fueled by rising awareness of its potential anti-inflammatory, antioxidant, and performance-enhancing properties in both traditional and modern wellness practices.
Restraint:
Limited Consumer Awareness
Limited consumer awareness in the market hinders its growth potential, as many people remain unaware of its health benefits and uses. This lack of knowledge reduces demand for products, making it challenging for companies to fully capitalize on the market’s potential. Additionally, misconceptions about its safety or efficacy may discourage adoption, preventing Cordyceps militaris from reaching a broader consumer base and limiting its widespread acceptance in mainstream wellness practices.
Opportunity:
Advancements in extraction techniques
Advancements in extraction techniques have significantly improved the efficiency and quality of products in the market. Modern methods like supercritical CO2 extraction and liquid-liquid extraction allow for better preservation of bioactive compounds, such as cordycepin, enhancing the potency of supplements. These innovations not only improve yields but also ensure higher purity and bioavailability, meeting the increasing demand for high-quality, effective natural health products in both traditional and contemporary wellness sectors.
Threat:
High Production Costs
High production costs in the market pose a significant barrier to scalability and affordability. The complex cultivation process, along with specialized extraction methods, contributes to elevated costs, which in turn increases the retail price of products. This limits accessibility for price-sensitive consumers and restricts market expansion. As a result, only a small segment of the population can afford these premium products, hindering broader market adoption and growth.
Covid-19 Impact:
The COVID-19 pandemic had a mixed impact on the market. On one hand, the growing focus on immune support and natural remedies led to increased demand for health supplements containing Cordyceps. On the other hand, supply chain disruptions, reduced production capacity, and logistical challenges slowed growth. Additionally, economic uncertainty and consumer spending cuts limited the affordability of premium Cordyceps-based products, affecting overall market performance.
The capsules segment is projected to be the largest during the forecast period
The capsules segment is projected to account for the largest market share during the projection period due to their convenience and ease of consumption. Offering a precise dosage, Cordyceps capsules provide consumers with a simple way to incorporate the fungus’s health benefits, such as enhanced energy, immune support, and anti-inflammatory properties, into their daily routines. The demand for capsule-based products is growing as people seek hassle-free, standardized, and effective natural health solutions.
The pharmaceuticals segment is expected to have the highest CAGR during the forecast period
The pharmaceuticals segment is expected to have the highest CAGR during the extrapolated period. Research into its anti-inflammatory, anti-cancer, and immune-boosting properties has spurred interest from the pharmaceutical industry, leading to the development of Cordyceps-based drugs and treatments. This shift is driven by growing consumer demand for natural, scientifically-backed remedies and the expanding body of clinical evidence supporting Cordyceps' medicinal potential.
Region with largest share:
North America region is projected to account for the largest market share during the forecast period. As awareness of the fungus’ benefits such as boosting energy, supporting immunity, and improving athletic performance grows, demand for Cordyceps based products, including capsules and powders, is rising. Additionally, the expanding market for plant-based and functional foods has further propelled its popularity, positioning North America as a key growth region.
Region with highest CAGR:
Asia Pacific is expected to register the highest growth rate over the forecast period due to increase demand for health supplements. As the elderly population grows, there will be a higher interest in products that promote longevity and overall health, such as Cordyceps Militaris With increasing disposable incomes and a growing middle class, consumers are becoming more health-conscious. There is a notable shift towards natural and organic products, including dietary supplements that promise various health benefits such as enhanced energy and immune support.
Key players in the market
Some of the key players in Cordyceps Militaries market include Yuming Biotechnology, Beijing Jingdu Cordyceps Biotech Co. Ltd., Bulk Natural Foods, Odyssey , Lotos Phytochem, Sun Mushrooms LLC, The Fungi Kingdom, Beta Glucan Products, Nutra Green Biotechnology Co., Ltd., Xi'an Saina Biological Technology Co., Ltd., Dalong Biotechnology Co., Ltd., Health Choice Limited, Sunrise Nutrachem Group Ltd., EcoFungi and Platinum Mushrooms.
Key Developments:
In February 2024, Odyssey received USD 6 million in investment for its mushroom-infused energy drinks. The brand offers pre-made beverages mixed with Lions Mane and Cordyceps mushrooms to enhance cognitive performance.
In June 2023, Awshad, a New Delhi-based medicinal cannabis wellness firm, introduced its first product, ‘Calmashroom Vijaya and Cordyceps Capsules.
Product Types Covered:
• Powder
• Capsules
• Extracts
• Whole Mushroom
• Liquid Form
• Other Product Types
Source Types Covered:
• Wild Cordyceps
• Cultivated Cordyceps
Distribution Channels Covered:
• Online Retail
• Supermarkets & Hypermarkets
• Specialty Stores
• Pharmacies/Drugstores
• Direct Sales
Applications Covered:
• Dietary Supplements
• Functional Foods & Beverages
• Cosmetics & Personal Care
• Veterinary Products
• Cosmetics
• Other Applications
End Users Covered:
• Pharmaceuticals
• Athletes and Fitness Enthusiasts
• General Consumers
• Elderly Population
• Healthcare Providers
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Cordyceps Militaries Market, By Product Type
5.1 Introduction
5.2 Powder
5.3 Capsules
5.4 Extracts
5.5 Whole Mushroom
5.6 Liquid Form
5.7 Other Product Types
6 Global Cordyceps Militaries Market, By Source Type
6.1 Introduction
6.2 Wild Cordyceps
6.3 Cultivated Cordyceps
7 Global Cordyceps Militaries Market, By Distribution Channel
7.1 Introduction
7.2 Online Retail
7.3 Supermarkets & Hypermarkets
7.4 Specialty Stores
7.5 Pharmacies/Drugstores
7.6 Direct Sales
8 Global Cordyceps Militaries Market, By Application
8.1 Introduction
8.2 Dietary Supplements
8.3 Functional Foods & Beverages
8.4 Cosmetics & Personal Care
8.5 Veterinary Products
8.6 Cosmetics
8.7 Other Applications
9 Global Cordyceps Militaries Market, By End User
9.1 Introduction
9.2 Pharmaceuticals
9.3 Athletes and Fitness Enthusiasts
9.4 General Consumers
9.5 Elderly Population
9.6 Healthcare Providers
9.7 Other End Users
10 Global Cordyceps Militaries Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Yuming Biotechnology
12.2 Beijing Jingdu Cordyceps Biotech Co. Ltd.
12.3 Bulk Natural Foods
12.4 Odyssey
12.5 Lotos Phytochem
12.6 Sun Mushrooms LLC
12.7 The Fungi Kingdom
12.8 Beta Glucan Products
12.9 Nutra Green Biotechnology Co., Ltd.
12.10 Xi'an Saina Biological Technology Co., Ltd.
12.11 Dalong Biotechnology Co., Ltd.
12.12 Health Choice Limited
12.13 Sunrise Nutrachem Group Ltd.
12.14 EcoFungi
12.15 Platinum Mushrooms
List of Tables
1 Global Cordyceps Militaries Market Outlook, By Region (2022-2030) ($MN)
2 Global Cordyceps Militaries Market Outlook, By Product Type (2022-2030) ($MN)
3 Global Cordyceps Militaries Market Outlook, By Powder (2022-2030) ($MN)
4 Global Cordyceps Militaries Market Outlook, By Capsules (2022-2030) ($MN)
5 Global Cordyceps Militaries Market Outlook, By Extracts (2022-2030) ($MN)
6 Global Cordyceps Militaries Market Outlook, By Whole Mushroom (2022-2030) ($MN)
7 Global Cordyceps Militaries Market Outlook, By Liquid Form (2022-2030) ($MN)
8 Global Cordyceps Militaries Market Outlook, By Other Product Types (2022-2030) ($MN)
9 Global Cordyceps Militaries Market Outlook, By Source Type (2022-2030) ($MN)
10 Global Cordyceps Militaries Market Outlook, By Wild Cordyceps (2022-2030) ($MN)
11 Global Cordyceps Militaries Market Outlook, By Cultivated Cordyceps (2022-2030) ($MN)
12 Global Cordyceps Militaries Market Outlook, By Distribution Channel (2022-2030) ($MN)
13 Global Cordyceps Militaries Market Outlook, By Online Retail (2022-2030) ($MN)
14 Global Cordyceps Militaries Market Outlook, By Supermarkets & Hypermarkets (2022-2030) ($MN)
15 Global Cordyceps Militaries Market Outlook, By Specialty Stores (2022-2030) ($MN)
16 Global Cordyceps Militaries Market Outlook, By Pharmacies/Drugstores (2022-2030) ($MN)
17 Global Cordyceps Militaries Market Outlook, By Direct Sales (2022-2030) ($MN)
18 Global Cordyceps Militaries Market Outlook, By Application (2022-2030) ($MN)
19 Global Cordyceps Militaries Market Outlook, By Dietary Supplements (2022-2030) ($MN)
20 Global Cordyceps Militaries Market Outlook, By Functional Foods & Beverages (2022-2030) ($MN)
21 Global Cordyceps Militaries Market Outlook, By Cosmetics & Personal Care (2022-2030) ($MN)
22 Global Cordyceps Militaries Market Outlook, By Veterinary Products (2022-2030) ($MN)
23 Global Cordyceps Militaries Market Outlook, By Cosmetics (2022-2030) ($MN)
24 Global Cordyceps Militaries Market Outlook, By Other Applications (2022-2030) ($MN)
25 Global Cordyceps Militaries Market Outlook, By End User (2022-2030) ($MN)
26 Global Cordyceps Militaries Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
27 Global Cordyceps Militaries Market Outlook, By Athletes and Fitness Enthusiasts (2022-2030) ($MN)
28 Global Cordyceps Militaries Market Outlook, By General Consumers (2022-2030) ($MN)
29 Global Cordyceps Militaries Market Outlook, By Elderly Population (2022-2030) ($MN)
30 Global Cordyceps Militaries Market Outlook, By Healthcare Providers (2022-2030) ($MN)
31 Global Cordyceps Militaries Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
