Market Overview:
The global black fungus extract market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for black fungus extract from the food, medicine, dietary supplements, and sports nutrition industries. In terms of type, the liquid segment is expected to lead the global black fungus extract market during the forecast period due to its high demand from various end-use industries. In terms of region, North America is expected to lead the global black fungus extract market during the forecast period owing to its well-developed food and pharmaceutical industries.
Product Definition:
A black fungus extract is a type of fungus that has been processed and used as an ingredient in various skin care products. This extract is known for its moisturizing properties, as well as its ability to help protect the skin from environmental damage. It can be found in many anti-aging creams and serums, as well as sunscreens.
Liquid:
Liquid is a natural product formed by the extraction of fungal biomass. It is used as an active ingredient in the manufacturing of various medicines and health supplements. The liquid extract has been found to be effective against cancer cells, thus causing it to gain popularity among pharmaceutical companies for research purposes.
Powder:
Powder is a new term in the Fungus Extract industry and has been used to refer to dry, ground fungi. However, with advancements in extraction technologies and product development for applications such as agriculture, animal feed additive & nutrition products have been using powder form of mycelium or fungal biomass.
Application Insights:
Food application dominated the global black fungus extract market, accounting for a share of over 60.0% in 2017. The product is widely used as a food additive and flavoring agent owing to its medicinal properties and nutritional benefits. Increasing consumer awareness regarding health & wellness is expected to be one of the key growth drivers during the forecast period.
The medicine segment accounted for 29% of the global black fungus extract market in terms of revenue in 2017, attributed to growing usage as an antibiotic against various diseases such as cancer, diabetes & obesity etc., around the globe. Moreover, increasing research activities are being carried out by major companies including Pfizer and Novartis on new therapeutic applications based on BFEs which is further anticipated to propel growth during future years (2030).
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to increasing awareness about health, rising disposable income of consumers and rapid urbanization. Moreover, the presence of key companies such as GNC Holdings Inc.; Herbalife Ltd.; and Naturex SA in this region has fueled the demand for black fungus extract products over the past few years.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to growing consumer awareness regarding nutritional enrichment coupled with a large base of geriatric population that requires additional attention from healthcare professionals regarding preventive medicine measures including dietary supplements usage. These aforementioned factors are anticipated to fuel regional product demand over the forecast period.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of black fungus extract
- Growing popularity of traditional Chinese medicine (TCM)
- Proliferation of online retail platforms that offer black fungus extract products
- increasing research and development activities on black fungus extract
Scope Of The Report
Report Attributes
Report Details
Report Title
Black Fungus Extract Market Research Report
By Type
Liquid, Powder, Dried, Capsule
By Application
Food, Medicine, Dietary Supplements, Sports Nutrition
By Companies
Hawaii Pharm, All Link Medical & Health Products, Hei Hwang Food Industries, Nutra Green Biotechnology, Nutrient Innovations, Xian Yuensun Biological Technology, Hawaii Pharm
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Black Fungus Extract Market Report Segments:
The global Black Fungus Extract market is segmented on the basis of:
Types
Liquid, Powder, Dried, Capsule
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Medicine, Dietary Supplements, Sports Nutrition
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hawaii Pharm
- All Link Medical & Health Products
- Hei Hwang Food Industries
- Nutra Green Biotechnology
- Nutrient Innovations
- Xian Yuensun Biological Technology
- Hawaii Pharm
Highlights of The Black Fungus Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Powder
- Dried
- Capsule
- By Application:
- Food
- Medicine
- Dietary Supplements
- Sports Nutrition
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Black Fungus Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Black fungus extract is a natural product that has been used in traditional Chinese medicine for centuries to treat a variety of conditions. It is made from the fruiting bodies of black mushrooms, which are collected during the fall and winter months. Black fungus extract contains several compounds that have been shown to be beneficial for health, including polysaccharides, proteins, and antioxidants.
Some of the major companies in the black fungus extract market are Hawaii Pharm, All Link Medical & Health Products, Hei Hwang Food Industries, Nutra Green Biotechnology, Nutrient Innovations, Xian Yuensun Biological Technology, Hawaii Pharm.
The black fungus extract market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Black Fungus Extract Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Black Fungus Extract Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Black Fungus Extract Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Black Fungus Extract Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Black Fungus Extract Market Size & Forecast, 2018-2028 4.5.1 Black Fungus Extract Market Size and Y-o-Y Growth 4.5.2 Black Fungus Extract Market Absolute $ Opportunity
Chapter 5 Global Black Fungus Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Black Fungus Extract Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.2.3 Dried
5.2.4 Capsule
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Black Fungus Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Black Fungus Extract Market Size Forecast by Applications
6.2.1 Food
6.2.2 Medicine
6.2.3 Dietary Supplements
6.2.4 Sports Nutrition
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Black Fungus Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Black Fungus Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Black Fungus Extract Analysis and Forecast
9.1 Introduction
9.2 North America Black Fungus Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Black Fungus Extract Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.6.3 Dried
9.6.4 Capsule
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Black Fungus Extract Market Size Forecast by Applications
9.10.1 Food
9.10.2 Medicine
9.10.3 Dietary Supplements
9.10.4 Sports Nutrition
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Black Fungus Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Black Fungus Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Black Fungus Extract Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.6.3 Dried
10.6.4 Capsule
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Black Fungus Extract Market Size Forecast by Applications
10.10.1 Food
10.10.2 Medicine
10.10.3 Dietary Supplements
10.10.4 Sports Nutrition
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Black Fungus Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Black Fungus Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Black Fungus Extract Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.6.3 Dried
11.6.4 Capsule
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Black Fungus Extract Market Size Forecast by Applications
11.10.1 Food
11.10.2 Medicine
11.10.3 Dietary Supplements
11.10.4 Sports Nutrition
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Black Fungus Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Black Fungus Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Black Fungus Extract Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.6.3 Dried
12.6.4 Capsule
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Black Fungus Extract Market Size Forecast by Applications
12.10.1 Food
12.10.2 Medicine
12.10.3 Dietary Supplements
12.10.4 Sports Nutrition
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Black Fungus Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Black Fungus Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Black Fungus Extract Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.6.3 Dried
13.6.4 Capsule
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Black Fungus Extract Market Size Forecast by Applications
13.10.1 Food
13.10.2 Medicine
13.10.3 Dietary Supplements
13.10.4 Sports Nutrition
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Black Fungus Extract Market: Competitive Dashboard
14.2 Global Black Fungus Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hawaii Pharm
14.3.2 All Link Medical & Health Products
14.3.3 Hei Hwang Food Industries
14.3.4 Nutra Green Biotechnology
14.3.5 Nutrient Innovations
14.3.6 Xian Yuensun Biological Technology
14.3.7 Hawaii Pharm