The global cordyceps supplement market is expected to grow at a significant CAGR during the forecast period. Cordyceps Militaris is a fungus that is used to treat many diseases. Owing to its powerful healing properties, it is an important part of traditional Chinese medicine. Cordyceps is also used in the formulation of tonic solutions, and it has anti-diabetic, anti-inflammation, and anti-tumor properties. The demand for this industry is driven by the growing demand for traditional medicines. 

Supplements containing cordyceps are frequently used to boost immunity and improve overall health. According to the National Center for Biotechnology Information (NCBI), supplementing with a mushroom blend containing cordyceps militaris increases tolerance to high-intensity aerobic and anaerobic activity. It's believed that long-term supplementation or a large dose of cordyceps is necessary to see significant results.

The rising demand for herbal medicine in primary care is expected to support the adoption of cordyceps sinensis and militaris. Owing to its usage in nutritional supplements for respiratory function, sports, strength, sexual health, and a variety of other supplements, the demand for herbal cordyceps extract increased significantly in 2016 and 2017. The growing incidence of chronic diseases such as diabetes, CVD, respiratory disease, and cancer is likely to increase the use of cordyceps sinensis extracts as preventative healthcare products, which, in turn, is boosting the market growth.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment covered 

o By Type

o By Application

o By Distribution Channel

• Region covered

o North America

o Europe

o Asia-pacific

o Rest of world

• Competitive Landscape- Mushroom Science, Host Defense, Paradise Herbs, Oregon's Wild Harvest, and Perfect Supplements LLC

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Cordyceps Supplement Market Segmentation 

• By Type

o Powder

o Capsule 

o Tablets

• By Application 

o Medicinal Use

o Dietary supplements

o Others 

• By Distribution Channel 

o Retail Pharmacy

o Online Pharmacy

Global Cordyceps Supplement Market is Segmented by Region