Black Fungus Extract Market Report 2025 (Global Edition)

Global Black Fungus Extract Market Report 2025 Market Size Split by Type Outlook: (Liquid Black Fungus Extract, Powder Black Fungus Extract, Dried Black Fungus Extract, Capsule Black Fungus Extract), ...

Black Fungus Extract Market Report Description

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Competitive Landscape of the Black Fungus Extract Market

The competitive context of the black fungus extract industry offers information broken down by competition. In-depth information is provided about the business's background, finances, earnings, prospective markets, R&D spending, emerging market efforts, international manufacturing locations and infrastructure, manufacturing capabilities, company advantages and disadvantages, introduction of products, goods length and dimension, and sector superiority. The earlier statistics only pertain to the companies ' concentration on the black fungus extract industry.

In June 2024, Creative Enzymes has been devoted to supplying food processing facilities with exceptional components to support product functionality, enhance manufacturing, and meet the needs of many specific markets. Beneficial bacteria, fatty acids, digestive enzymes, extracts, and food component solutions are all provided by Creative Enzymes. The company's products are designed to be high-quality, reliable, and effective, which is one method to use sustainable solutions to change the rapidly changing food ingredient industry. (Source: https://www.creative-enzymes.com/events/creative-enzymes-to-attend-fi-europe-2024-in-frankfurt_2.html)

Top Companies Market Share in Black Fungus Extract Industry: (In no particular order of Rank)

• Medical & Health Products Pte Ltd.
• Creative Enzymes
• Fungi Perfecti LLC
• GreenHerb Biological Technology Co. Ltd
• Hawaii Pharm LLC
• Natural Remedies 4U Ltd T/A Natural Thrive Nutralion Inc
• Nutrient Innovations
• Shaanxi Zhongyi Kangjian Biotechnology Co. Ltd
• The Shroom Shop
• Xi'an Laybio Natural Ingredients Co.Ltd
• Xian Yuensun Biological Technology Co.Ltd
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Black Fungus Extract Market

Which Region Dominates the Black Fungus Extract Market in 2024?

According to Cognitive Market Research, North America currently dominates the black fungus extract market, and the region is expected to have significant growth during the projected period. This is due to a greater emphasis on sustainability in the environment and modifications to regulations. The exceptional antimicrobial properties of the substance, which prolong the nutritional value of food products, are driving up demand for black fungus extract in the region.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to a multitude of factors, including the health benefits of extract, the need for organic goods, cost-effectiveness, and the increasing number of start-ups in the market. Prompting development, the entire country is also expected to experience strong growth.

The current report Scope analyzes Black Fungus Extract Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Black Fungus Extract

According to Cognitive Market Research, the global black fungus extract market size was estimated at USD 2514.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1005.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the black fungus extract market with a market size of USD 793.58 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. The U.S. market's Stringent governmental regulations.
• The Canada black fungus extract market had a market share of USD 120.70 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Canada’s rising awareness among the population.
• The Mexico black fungus extract market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 91.53 million in 2024.

Europe Black Fungus Extract

According to Cognitive Market Research, the global black fungus extract market size was estimated at USD 2514.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 754.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• The United Kingdom black fungus extract market had a market share of USD 126.73 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. In the UK, Black Fungus Extract sales witness an upswing due to the nation's rising demand for innovative technology.
• The France black fungus extract market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 69.40 million in 2024.
• According to Cognitive Market Research, the German black fungus extract market size was valued at USD 149.36 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. In Germany, Black Fungus Extract surged due to the presence of major market players.
• The Italy black fungus extract market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 67.87 million in 2024.
• The Russia black fungus extract market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 116.92 million in 2024.
• The Spain black fungus extract market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 61.86 million in 2024
• The Luxembourg black fungus extract market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 23.38 million in 2024.
• The Portugal black fungus extract market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 15.84 million in 2024.
• The Greece black fungus extract market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 9.05 million in 2024.
• The Rest of Europe's black fungus extract market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 116.92 million in 2024.

Asia Pacific Black Fungus Extract

According to Cognitive Market Research, the global black fungus extract market size was estimated at USD 2514.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 578.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.

• According to Cognitive Market Research, the China black fungus extract market size was valued at USD 260.25 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period. Black Fungus Extract surged in China due to Increased focus of the manufacturers and major market players.
• The Japan black fungus extract market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 79.81 million in 2024.
• The India black fungus extract market had a market share of USD 69.40 million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period. India's rising awareness among the populations.
• The South Korean black fungus extract market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 57.83 million in 2024.
• The Australian black fungus extract market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 30.07 million in 2024.
• The South East black fungus extract market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 39.91 million in 2024.
• The Rest of Asia Pacific black fungus extract market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 41.06 million in 2024.

South America Black Fungus Extract

According to Cognitive Market Research, the global black fungus extract market size was estimated at USD 2514.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 125.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil black fungus extract market size was valued at USD 53.81 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. Black Fungus Extract flourished in Brazil due to increasing demand for packaged food and beverages.
• Argentina's black fungus extract market had a market share of USD 21.12 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. Argentina's rising personal disposable income .
• Colombia black fungus extract market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 11.19 million in 2024.
• Peru black fungus extract market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 10.31 million in 2024.
• Chile black fungus extract market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 9.05 million in 2024.
• The Rest of Latin America's black fungus extract market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 20.24 million in 2024.

Middle East and Africa Black Fungus Extract

According to Cognitive Market Research, the global black fungus extract market size was estimated at USD 2514.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 50.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031..

• The GCC Countries black fungus extract market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 21.52 million in 2024. Black Fungus Extract sales flourish due to the presence of major market players.
• The Egypt black fungus extract market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 5.28 million in 2024.
• The South Africa black fungus extract market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 7.95 million in 2024. Black Fungus Extract sales flourished in South Africa due to increasing demand and regulatory support.
• The Turkey black fungus extract market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 4.32 million in 2024.
• The Nigeria black fungus extract market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 5.28 million in 2024.
• The Rest of the MEA black fungus extract market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 5.93 million in 2024.

Black Fungus Extract Market Analysis

How are Segments Performing in the Global Black Fungus Extract Market?

Black Fungus Extract Market Type Segment Analysis

According to Cognitive Market Research, liquid black fungus is likely to dominate the black fungus extract market over the forecast period because of its flexibility in use and simplicity of digestion. These extracts are a popular option for people looking for rapid and efficient supplements because they are simple to add to drinks or ingest straight. The need for liquid black fungus extracts has increased due to the rising popularity of medicinal drinks, especially in the healthcare and wellness industries.

The powder black fungus is the fastest-growing segment in the black fungus extract market because of its longer lifespan and ease of carrying and storing. They are widely employed in the creation of nutritional meals and dietary additives, giving customers the freedom to use them in a range of dishes and diets. Powder extracts are becoming more popular in the culinary and beverage sector because of the growing demand for plant-based substances and clean-label items. Moreover, powder extracts' clarity and stability have increased due to developments in dryer technology, which has increased their marketability.

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Black Fungus Extract Market Application Segment Analysis

According to Cognitive Market Research, the dietary supplements segment holds the largest market share due to the growing emphasis on overall wellbeing among consumers. Because black fungus extract is high in vital antioxidants, minerals, and vitamins, it is frequently used as a component in nutritional supplements meant to enhance general health, increase energy, and strengthen protection. It is anticipated that the growing popularity of wellness and personal hygiene will increase the need for black fungus extract in the market for dietary supplements.

In the black fungus extract market, the rapidly growing sector is adult Black Fungus Extract because of its possible medical benefits. Because of its antibacterial and immune-boosting properties, it is being used more and more in the creation of herbal therapies and alternative medications. The medical industry is likely to experience an increase in interest in black fungus extract as customers continue to look for organic and integrative approaches to improve their health.

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Black Fungus Extract Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the off-trade segment holds the largest market share. This is because of the shifting buying habits of users and the rising adoption of digital commerce. Customers are increasingly buying black fungus extract from off-trade platforms due to the ease of residence delivery, affordable prices, and a large selection of items. The growth of the increasing networking and digital marketing is also aiding the off-trade channel's growth in this sector.

In the black fungus extract market, the rapidly growing sector is on trade. These methods serve certain customer demands and give firms more ways to connect with their target market. These trades serve a specific customer sector that values quality and is prepared to pay more for approved natural and organic items. Customers looking for professional guidance on nutritional products and natural cures find specialist stores to be an appealing alternative due to their individualized shopping experiences and informed personnel.

{fourth_seg _desc_end} tenth_seg_desc {tenth_seg_desc_start} Conclusion

• The global black fungus extract market will expand significantly by 9.00% CAGR between 2024 and 2031.
• Dietary supplements are expected to dominate the black fungus extract market over the forecast period. Because of the growing acceptance of vegetarian and vegan diets and the need for beneficial extracts from plant products.
• The on-trade segment has the biggest market share because they are reasonably priced and convenient.
• {tenth_seg_desc_end} 8th FAQ Frequently asked questions regarding the global Black Fungus Extract Market {faq_start} {faq}What is the market size for the black fungus extract market in 2024? {ans}The global market size for black fungus extract in 2024 is USD 2514.5 million. {faq}What is the growth rate for the black fungus extract market over the forecast period? {ans}The global black fungus extract market is expected to grow with a CAGR of 9.00% over the projected period. {faq}Which is the leading region of the market for black fungus extract? {ans}North America held a significant global black fungus extract market revenue share in 2024. {faq}Which region is projected to detect the fastest growth in the black fungus extract market over the forecast period? {ans}Asia-Pacific will witness the fastest growth of the global black fungus extract market over the coming years. {faq}Which country will be leading in the black fungus extract market in 2024? {ans}The US had the most significant global black fungus extract market revenue share in 2024. {faq}What are the key drivers for the growth of the black fungus extract market? {ans} The main driver of the growth of the black fungus extract market is increasing awareness of wellness and technological development. {faq}Which is the significant black fungus extract market segment by End use? {ans}The on trade category dominates the market. {faq_end} 11th Regional Insights {north_america_meta_description_start} North America Black Fungus Extract Market size will be USD 1005.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 1774.3 Million by 2031. This growth is mainly attributed to technological advancement. {north_america_meta_description_end} {north_america_report_title_start} North America Black Fungus Extract Market size will be USD 1005.80 million in 2024. {north_america_report_title_end} {north_america_start}

  According to Cognitive Market Research, the global black fungus extract market size was estimated at USD 2514.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1005.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

  • According to Cognitive Market Research, the US had a major share in the black fungus extract market with a market size of USD 793.58 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. The U.S. market's Stringent governmental regulations.
  • The Canada black fungus extract market had a market share of USD 120.70 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Canada’s rising awareness among the population.
  • The Mexico black fungus extract market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 91.53 million in 2024.
  {north_america_end} {north_america_report_scope_start} North America controls the worldwide black fungus extract market. The demand for black fungus extract in North America is driven by the rising need for products that are organic and natural, as well as customers' growing awareness of their health. The need for black fungus extract in this area is anticipated to be driven by the rising incidence of caused by lifestyle factors, medical conditions, and an increasing trend toward wellness programs. Further anticipated to boost market expansion in North America are the existence of an extensively developed healthcare industry and the rising use of vitamin and mineral supplements. {north_america_report_scope_end} {europe_meta_description_start} Europe Black Fungus Extract Market will be USD 754.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. Increasing focus on environmental sustainability is expected to aid the sales to USD 1305.4 million by 2031 {europe_meta_description_end} {europe_report_title_start} Europe Black Fungus Extract Market will be USD 754.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. {europe_report_title_end} {europe_start}

  According to Cognitive Market Research, the global black fungus extract market size was estimated at USD 2514.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 754.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

  • The United Kingdom black fungus extract market had a market share of USD 126.73 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. In the UK, Black Fungus Extract sales witness an upswing due to the nation's rising demand for innovative technology.
  • The France black fungus extract market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 69.40 million in 2024.
  • According to Cognitive Market Research, the German black fungus extract market size was valued at USD 149.36 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period. In Germany, Black Fungus Extract surged due to the presence of major market players.
  • The Italy black fungus extract market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 67.87 million in 2024.
  • The Russia black fungus extract market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 116.92 million in 2024.
  • The Spain black fungus extract market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 61.86 million in 2024
  • The Luxembourg black fungus extract market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 23.38 million in 2024.
  • The Portugal black fungus extract market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 15.84 million in 2024.
  • The Greece black fungus extract market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 9.05 million in 2024.
  • The Rest of Europe's black fungus extract market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 116.92 million in 2024.
  {europe_end} {europe_report_scope_start} The European market is going to make a massive impact on the black fungus extract market, consequently further because of this area's growing vegetarianism and plant-based dietary trends. People are increasingly employing botanical items to improve their wellbeing or to enhance their meals. Black fungus extract is also anticipate

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Black Fungus Extract Industry. Request a Free Sample PDF!

Black Fungus Extract Market Application Segment Analysis

According to Cognitive Market Research, the dietary supplements segment holds the largest market share due to the growing emphasis on overall wellbeing among consumers. Because black fungus extract is high in vital antioxidants, minerals, and vitamins, it is frequently used as a component in nutritional supplements meant to enhance general health, increase energy, and strengthen protection. It is anticipated that the growing popularity of wellness and personal hygiene will increase the need for black fungus extract in the market for dietary supplements.

In the black fungus extract market, the rapidly growing sector is adult Black Fungus Extract because of its possible medical benefits. Because of its antibacterial and immune-boosting properties, it is being used more and more in the creation of herbal therapies and alternative medications. The medical industry is likely to experience an increase in interest in black fungus extract as customers continue to look for organic and integrative approaches to improve their health.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Black Fungus Extract Distribution Channel Outlook Segment Analysis

Black Fungus Extract Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the off-trade segment holds the largest market share. This is because of the shifting buying habits of users and the rising adoption of digital commerce. Customers are increasingly buying black fungus extract from off-trade platforms due to the ease of residence delivery, affordable prices, and a large selection of items. The growth of the increasing networking and digital marketing is also aiding the off-trade channel's growth in this sector.

In the black fungus extract market, the rapidly growing sector is on trade. These methods serve certain customer demands and give firms more ways to connect with their target market. These trades serve a specific customer sector that values quality and is prepared to pay more for approved natural and organic items. Customers looking for professional guidance on nutritional products and natural cures find specialist stores to be an appealing alternative due to their individualized shopping experiences and informed personnel.

• On Trade
• Off Trade

Author's Detail

Nisha Deore

Research Analyst at Cognitive Market Research

LinkedIn

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I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.

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