Cordyceps Market Key Players, Trends, Growth Opportunities and
Industry Forecast till 2028
“Cordyceps market is driven by demand for herbal drugs
and the need for natural medicinal products for various
ailments. Rise in consumers’ awareness for medicines also
supplements the market growth during the forecast
period.”
The global cordyceps market is anticipated to grow at a higher CAGR during the forecast period. Cordyceps is
an essential kind of medicinal fungus due to its characteristic habitat. It is a parasite living on larvae and pupae
of insects. It has found significant use in the Chinese medicine for centuries. Cordyceps is an abundant natural
resource that undergoes various biological activity and extensively used as a health supplement and tonic for
patients.
Cordyceps market is driven by demand for herbal drugs and the need for natural medicinal products for various
ailments. Rise in consumers’ awareness for medicines also supplements the market growth during the forecast
period. Growing masculine problems for the middle-aged males throughout economies is likely to demand a
robust solution during the estimated period. However, natural cordyceps an infeasible availability which is highly
expensive, hence cordyceps are grown in laboratory. Cheap substitutes and low quality medicines hinders the
market growth.
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Cordyceps market is segmented by application into anti-tumour, antidiabetic, anti-asthma, anti-oxidative,
apoptotic and anti-hepatotoxicity. Geographical segmentation for the market spans North America, South
America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are most likely to witness an upward
traction during the forecast period due to the rising demand for cordyceps supplements for chronic health
conditions. It is used as an energy enhancer to deal with respiratory issues in the developing countries.