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Global Black Fungus Extract Market: By Form: Liquid, Powder, Dried, Capsule; By Distribution Channel: On Trade, Off Trade; By Application: Food additive, Medicine, Dietary Supplements, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Black Fungus Extract Market Outlook
The global black fungus extract market witnessed a healthy growth in the historical period of 2018-2022. The market is expected to grow at a CAGR of 7.2% in the forecast period of 2023-2028.
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Extensive Application from the Pharmaceuticals and Food Industry is Aiding the Black Fungus Extract Industry Growth
The market for black fungus extract is driven by its extensive application and demand from the pharmaceuticals and food industry. The product has wide scope in medicine, dietary supplements, and food additive, among others. The market is further aided by the growing demand for nutritional products and dietary supplements from alternative sources such as fungi or moulds. Moreover, the medicinal properties of black fungus extract like anti-spasmodic, digestive, anti-bacterial, and carminative of black fungus extract are propelling the demand for the food additive industry, and consequently for the black fungus extract industry. The market for black fungus extract is finding impetus due to the health benefits the product offers, like clotting, bone development, and maintenance of blood cholesterol level. The market is expected to thrive over the forecast period.
Black Fungus Extract: Market Segmentation
Black fungus extract refers to the edible fungus, which is famous for its wood ear, cloud ear, or jelly mushroom-like appearance. It is extensively used in Chinese cooking and enriches the food with its high nutritional value, along with offering a great meat substitute for the vegetarians.
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On the basis of form, the market is divided into:
- Liquid
- Powder
- Dried
- Capsule
Based on distribution channel, the industry can be segmented into:
- On Trade
- Off Trade
By application, the industry is segmented into:
- Food additive
- Medicine
- Dietary Supplements
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from the Dietary Supplements Industry to Aid the Global Market Growth of Black Fungus Extract
The market for black fungus extract is being driven by the high vitamins and minerals contents that find healthy application in the dietary supplements industry. The market is further being propelled by the rising population and awareness associated with the health benefits of the product as it is widely used as food additives. The high calcium-rich black fungus extract that is used in the concentrated form helps to control the level of blood cholesterol in the body and is expected to witness a rising demand over the forecast period.
Key Industry Players in the Global Black Fungus Extract Market
The report gives a detailed analysis of the following key players in the global black fungus extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Xi'an Pincredit Bio-tech Co.,Ltd,
- Nutra Green Biotechnology Co. Ltd
- Xian Yuensun Biological Technology Co. Ltd.
- N&R Industries, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Form, Distribution Channel, Application, Region |
| Breakup by Form | Liquid, Powder, Dried, Capsule |
| Breakup by Distribution Channel | On Trade, Off Trade |
| Breakup by Application | Food additive, Medicine, Dietary Supplements, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Xi'an Pincredit Bio-tech Co.,Ltd,, Nutra Green Biotechnology Co. Ltd, Xian Yuensun Biological Technology Co. Ltd., N&R Industries, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Black Fungus Extract Market Analysis
8.1 Key Industry Highlights
8.2 Global Black Fungus Extract Historical Market (2018-2022)
8.3 Global Black Fungus Extract Market Forecast (2023-2028)
8.4 Global Black Fungus Extract Market by Form
8.4.1 Liquid
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Powder
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Dried
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Capsule
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.5 Global Black Fungus Extract Market by Distribution Channel
8.5.1 On Trade
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Off Trade
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Black Fungus Extract Market by Application
8.6.1 Food additive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Medicine
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Dietary Supplements
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Black Fungus Extract Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Xi'an Pincredit Bio-tech Co.,Ltd,
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nutra Green Biotechnology Co. Ltd
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Xian Yuensun Biological Technology Co. Ltd.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 N&R Industries, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1. Overview
1.2. Detailed Process Flow
1.3. Operation Involved
2 Project Requirements and Cost Analysis
2.1. Land, Location, and Site Development
2.2. Construction
2.3. Plant Machinery
2.4. Cost of Raw Material
2.5. Packaging
2.6. Transportation
2.7. Utilities
2.8. Manpower
2.9. Other Capital Investments
List of Key Figures and Tables
1. Global Black Fungus Extract Market: Key Industry Highlights, 2018 and 2028
2. Global Black Fungus Extract Historical Market: Breakup by Form (USD Million), 2018-2022
3. Global Black Fungus Extract Market Forecast: Breakup by Form (USD Million), 2023-2028
4. Global Black Fungus Extract Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
5. Global Black Fungus Extract Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
6. Global Black Fungus Extract Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Black Fungus Extract Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Black Fungus Extract Historical Market: Breakup by Distribution Channels (USD Million), 2018-2022
9. Global Black Fungus Extract Market Forecast: Breakup by Distribution Channels (USD Million), 2023-2028
10. Global Black Fungus Extract Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Black Fungus Extract Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Black Fungus Extract Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Black Fungus Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Black Fungus Extract Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Black Fungus Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Black Fungus Extract Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Black Fungus Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Black Fungus Extract Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Black Fungus Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Black Fungus Extract Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Black Fungus Extract Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Black Fungus Extract Market Structure
Key Questions Answered in the Report
The global black fungus extract market is projected to grow at a CAGR of 7.2% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand from the pharmaceuticals and food industries, and the growing awareness of the health benefits of the product, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising demand for organic food and the increasing use of the product as a food additive.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading forms of black fungus extract in the market are liquid, powder, dried, and capsule.
The major distribution channels in the market are on trade and off trade.
The significant application segments in the market are food additive, medicine, and dietary supplements, among others.
The major players in the industry are Xi'an Pincredit Bio-tech Co.,Ltd, Nutra Green Biotechnology Co. Ltd, Xian Yuensun Biological Technology Co. Ltd., and N&R Industries, Inc., among others.
Analyst Review
The global black fungus extract market is being driven by the rising health consciousness. Aided by the rising demand for organic food, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on form, the market is segmented into liquid, powder, dried, and capsule. On the basis of distribution channel, the industry is divided into on trade and off trade. The major application segments in the market are food additive, medicine, and dietary supplements, among others. The major regional markets for black fungus extract are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Xi'an Pincredit Bio-tech Co.,Ltd, Nutra Green Biotechnology Co. Ltd, Xian Yuensun Biological Technology Co. Ltd., and N&R Industries, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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