L-Ergothioneine Market, By Application, By End Use Industry, By Source, By Distribution Channel, By Product Form, By Region

Description

Global L-ergothioneine (EGT) market is projected to grow from US$ 40.8 Mn in 2023 to US$ 389.3 Mn by 2030, at a compound annual growth rate (CAGR) of 38%.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 40.8 Mn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	38.00%	2030 Value Projection:	US$ 389.3 Mn

Figure 1. Global L-Ergothioneine (EGT) Market Share (%), By Region, 2023

L-Ergothioneine a naturally occurring compound, has gained significant attention in recent years due to its potential health benefits. Found in various dietary sources such as mushrooms, beans and certain meats, L-Ergothioneine acts as a powerful antioxidant and has been linked to numerous physiological functions. This unique compound has demonstrated the ability to protect cells from oxidative stress, reduce inflammation and potentially enhance overall well-being. With ongoing research exploring its therapeutic properties, L-Ergothioneine holds promise as a valuable component in the pursuit of improved health and wellness.

Market Analysis:

The market reveals a growing demand in the demand and significant potential for this compound in various industries. With increasing consumer awareness about the importance of antioxidants and their health benefits, L-Ergothioneine has emerged a sought-after ingredient in the pharmaceutical, dietary supplements and cosmetic sectors. The global market of L-Ergothioneine is expected to witness substantial growth, driven by factors such as rising disposable incomes, growing aging population and the growing trends towards natural and functional ingredients. L-Ergothioneine (EGT) is an important natural product that has gained attention due to its potential health benefits and antioxidant properties. EGT is found in high concentrations in edible mushrooms and is known to serve as an antioxidant and cellular protectant against oxidative stress-related diseases. EGT is being integrated into various applications such as cosmetics, food, and beverages, indicating its versatility and potential for widespread use.

On the other hand, limited availability of natural sources and regulatory challenges are expected to hamper the market growth.

Key Features of the market:

This report provides in-depth analysis of the L-Ergothioneine market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the L-Ergothioneine market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AnaSpec, Inc., Cayman Chemical Company, Kaneka Corporation, Sigma-Aldrich (part of Merck KGaA), Gold Biotechnology, Inc., Xi'an Lyphar Biotech Co., Ltd., ChemFaces, Henan Senyuan Biological Technology Co., Ltd., Chengdu Biopurify Phytochemicals Ltd., Shenzhen Lvshiyuan Biotechnology Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The L-Ergothioneine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the L-Ergothioneine market

Global L-Ergothioneine (EGT) Market Detailed Segmentation:

By Application:
- Pharmaceuticals
- Cosmetics
- Dietary supplements
- Functional food and beverages
- Animal nutrition
By End user Industry:
- Pharmaceuticals
- Personal care and cosmetics
- Food and beverages
- Animal feed and nutrition
- Others
By Source:
- Mushrooms
- Algae, and bacteria
By Distribution Channel:
- Direct sales
- Distributors
- Online retail
- Specialty stores
By Product form:
- Powder
- Capsule
- Tablet
- Liquid
- Cream
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top Companies in the L-Ergothioneine (EGT) Market:
- AnaSpec, Inc.
- Cayman Chemical Company
- Kaneka Corporation
- Sigma-Aldrich (part of Merck KGaA)
- Gold Biotechnology, Inc.
- Xi'an Lyphar Biotech Co., Ltd.
- ChemFaces
- Henan Senyuan Biological Technology Co., Ltd.
- Chengdu Biopurify Phytochemicals Ltd.
- Shenzhen Lvshiyuan Biotechnology Co., Ltd.

Product Code: CMI5993

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Application
- Market Snippet, By End-use Industry
- Market Snippet, By Source
- Market Snippet, By Distribution Channel
- Market Snippet, By Product form
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing consumer awareness about health and wellness
- Restraints
Cost considerations
- Opportunities
Increasing demand for natural and organic products
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. L-Ergothioneine (EGT) Market, - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. L-Ergothioneine (EGT) Market,, By Application, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Dietary supplements
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Functional food and beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Animal nutrition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)

6. Global L-Ergothioneine Market, By End-use Industry, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Personal care and cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Food and beverage
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Animal feed and nutrition
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)

7. Global L-Ergothioneine Market, By Source, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Mushrooms
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Algae and bacteria
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)

8. Global L-Ergothioneine Market, By Distribution Channel, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Direct sales
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Distributors
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Online Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Specialty stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)

9. Global L-Ergothioneine Market, By Product form, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Capsule
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Tablet
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Cream
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)

10. L-Ergothioneine (EGT) Market, , By Region, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Product form, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Mn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Product form, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Product form, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End user Industry, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Product form, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End user Industry, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Source, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Product form, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2017-2030,(US$ Mn)
GCC Countries
Israel
South Africa
North Africa
Central Africa
Rest of Middle East

11. Competitive Landscape

Company Profile
- AnaSpec Inc
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Cayman Chemical Company
- Kaneka Corporation
- Sigma-Aldrich (part of Merck KGaA)
- Gold Biotechnology, Inc.
- Xi'an Lyphar Biotech Co., Ltd.
- ChemFaces
- Henan Senyuan Biological Technology Co., Ltd.
- Chengdu Biopurify Phytochemicals Ltd.
- Shenzhen Lvshiyuan Biotechnology Co., Ltd.
Analyst Views

12. Section

References
Research Methodology
About us