Market Overview:
The global L-ergothioneine market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for L-ergothioneine from the medical and cosmetics industries, and increasing awareness about the benefits of L-ergothioneine among consumers. The global L-ergothioneine market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into plant sources and animal sources. The plant sources segment is further subsegmented into mushrooms and other plants. The animal sources segment is further subsegmented into poultry products, red meat products, seafood products, eggs & egg products, dairy products & byproducts thereof), and others (including insects). On the basis of application,the marketis dividedinto medical applications; cosmetics applications; food industry applications;and others (including nutraceuticals/ dietary supplements). Among these regions,,Asia Pacific holds a major share in terms of revenue contribution followed by Europe . This can be attributed to factors such as rising population in countries such as China , India , Japan , South Korea etc.
Product Definition:
A naturally occurring amino acid that is found in some foods and also produced by the body. It is important for the liver to function properly and for protecting cells from damage.
Plant Sources:
Plant sources of L-ergothioneine include vegetables, fruits, nuts and seeds. It is mainly extracted from soybean and green tea extracts. The extraction process involves solvent extraction method which includes the use of ethyl ether as a solvent. The final product is then purified by vacuum filtration using silica gel as a filter aid.
Animal Sources:
Animal sources and it's usage in natural L- ergothioneine market: Animal & animal based ingredients are used as raw material for the production of various nutritional products including ergothioneine. The main function of these products is to provide essential nutrients like vitamin B12, folic acid, choline bitartrate and biotin along with supporting weight management.
Application Insights:
Medical application dominated the global market in terms of revenue share in 2017. L-ergothioneine is widely used for the treatment of cardiovascular diseases, hypertension, diabetes mellitus type 2 and other disorders. Increasing geriatric population prone to various health problems is expected to drive demand over the forecast period.
The cosmetics industry also holds considerable potential as a lucrative segment owing to rising consumer awareness regarding personal hygiene and appearance. The product has found applications in skin care products such as moisturizers, anti-aging creams, cleansers and toners among others (see table below). Rising demand for natural ingredients derived from plants over synthetic ones has led manufacturers towards adopting ergothioneine as an ingredient in their cosmetic formulations which is expected to further propel market growth during the forecast period (see figure above).
Regional Analysis:
North America was the largest market for natural L-ergothioneine, accounting for a share of over 40.0% in 2017. The region is expected to maintain its dominance during the forecast period on account of rising demand from medical and food industries due to increasing aged population and prevalence of chronic diseases such as cancer, diabetes, obesity, arthritis etc. In addition, growing awareness regarding nutritional products among consumers is anticipated to fuel industry growth in this region.
Asia Pacific is projected to be the fastest-growing regional market with a CAGR exceeding 6.5% during the forecast period owing to rapid developments taking place in end-use industries such as cosmetics and pharmaceuticals along with expansion of geriatric population base especially in Japan.
Growth Factors:
- Increasing awareness about the benefits of natural L-ergothioneine among consumers.
- Rising demand for natural and organic products.
- Growing popularity of preventive healthcare measures.
- Proliferation of online retailing platforms that offer a wide range of natural L-ergothioneine products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural L-Ergothioneine Market Research Report
By Type
Plant Sources, Animal Sources
By Application
Medical, Cosmetics, Food Industry, Others
By Companies
Blue California
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Natural L-Ergothioneine Market Report Segments:
The global Natural L-Ergothioneine market is segmented on the basis of:
Types
Plant Sources, Animal Sources
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
Medical, Cosmetics, Food Industry, Others
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:
- Blue California
Highlights of The Natural L-Ergothioneine 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:
- Plant Sources
- Animal Sources
- By Application:
- Medical
- Cosmetics
- Food Industry
- Others
- 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 Natural L-Ergothioneine 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
L-ergothioneine is a naturally occurring antioxidant found in plants and animal tissues. It has been shown to protect cells from damage by free radicals, which can cause cancer and other diseases.
Some of the major companies in the natural l-ergothioneine market are Blue California.
The natural l-ergothioneine 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 Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Natural L-Ergothioneine 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 Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Size & Forecast, 2018-2028
4.5.1 Natural L-Ergothioneine Market Size and Y-o-Y Growth
4.5.2 Natural L-Ergothioneine Market Absolute $ Opportunity
Chapter 5 Global Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Size Forecast by Type
5.2.1 Plant Sources
5.2.2 Animal Sources
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Cosmetics
6.2.3 Food Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Natural L-Ergothioneine 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 Natural L-Ergothioneine 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 Natural L-Ergothioneine Analysis and Forecast
9.1 Introduction
9.2 North America Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Size Forecast by Type
9.6.1 Plant Sources
9.6.2 Animal Sources
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 Natural L-Ergothioneine Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Cosmetics
9.10.3 Food Industry
9.10.4 Others
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 Natural L-Ergothioneine Analysis and Forecast
10.1 Introduction
10.2 Europe Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Size Forecast by Type
10.6.1 Plant Sources
10.6.2 Animal Sources
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 Natural L-Ergothioneine Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Cosmetics
10.10.3 Food Industry
10.10.4 Others
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 Natural L-Ergothioneine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Size Forecast by Type
11.6.1 Plant Sources
11.6.2 Animal Sources
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 Natural L-Ergothioneine Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Cosmetics
11.10.3 Food Industry
11.10.4 Others
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 Natural L-Ergothioneine Analysis and Forecast
12.1 Introduction
12.2 Latin America Natural L-Ergothioneine 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 Natural L-Ergothioneine Market Size Forecast by Type
12.6.1 Plant Sources
12.6.2 Animal Sources
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 Natural L-Ergothioneine Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Cosmetics
12.10.3 Food Industry
12.10.4 Others
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) Natural L-Ergothioneine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Natural L-Ergothioneine 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) Natural L-Ergothioneine Market Size Forecast by Type
13.6.1 Plant Sources
13.6.2 Animal Sources
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) Natural L-Ergothioneine Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Cosmetics
13.10.3 Food Industry
13.10.4 Others
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 Natural L-Ergothioneine Market: Competitive Dashboard
14.2 Global Natural L-Ergothioneine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blue California
