Mushroom Extract Market In 2024
Mushroom extracts have experienced a surge in demand in the U.S. market over the past few years. Market data released by Future Market Insights shows that the global mushroom extract market will reach US$9.698 billion in 2023. It is expected to reach US$22 billion in 2033. Over the past ten years, its compound annual growth rate has been as high as 9%.
This data shows that natural mushroom extract market are in a growth period. Its related products extend from dietary supplements to food and beverages. It is often combined with ashwagandha, ginseng extract, holy basil, etc.
Regarding mushroom extracts, the most common active ingredient in mushrooms is polysaccharide. Below, Nutri Avenue focuses on several mainstream raw materials of functional mushroom extract market and their market prices.
Snow Mushroom Extract
Snow Mushroom, also called Tremella Fuciformis, has two active ingredients, including preferable w/polysaccharide content. Like sodium hyaluronate, it has powerful hydrating effects. Snow Mushroom can be used as a natural ingredient in skin care products.
- The common specification in the market is Snow Mushroom Extract 10:1. Its price is $10.5-13/kg.
Cordyceps Mushroom Extract
It increases cellular energy. It helps combat feelings of fatigue. It also regulates heart function. Cordyceps has beautifying effects on the skin.
- Cordyceps Mushroom P.E. 30% Polysaccharide (10:1) is $9.4-11.5/kg.
Lion’s Mane Mushroom Extract
Over the past few years, researchers have discovered that active ingredients in Hericium can promote nerve growth and enhance memory. It is suitable for addition to nootropic products. It also provides a plant-based source of iron.
- Lion’s Mane Mushroom 30% Polysaccharide (10:1) is $10.5-13/kg.
Reishi Mushroom Extract
The polysaccharides and triterpenoids in Ganoderma can strengthen immune cells. Moreover, the polyphenols and triterpenoids contained in it are antioxidant components.
- Reishi Mushroom 20:1 Extract (60% Polysaccharides) Pwd is $10.5-14/kg.
Shiitake Mushroom Extract
First of all, shiitake mushrooms delay aging. Second, like reishi, it improves immunity. In addition, shiitake mushrooms have the functions of lowering blood lipids and improving the digestive system.
- Polysaccharides powder 30% extracted from Shiitake Mushroom (10:1) is $10-13.5/kg.
Mushroom have many benefits. Therefore, its application areas of mushroom extract market are very broad and not limited to a certain product type. If interested, please contact Nutri Avenue for more details about mushroom extract market and related mushroom ingredients.
Vitamins Market In April, 2024
The vitamin market is generally very stable. There are two vitamin raw materials worth focusing on.
The first one is Vitamin E.
At present, relevant factories have collectively stopped reporting. The reason is a shortage of raw materials. It also caused the market transaction price of Vitamin E to start to rise.
- Vitamin E 98% Oil form is $17-19/kg.
- Vitamin E 50% is $8.2-9.8/kg.
Another one is Vitamin B1.
Some factories stopped quoting prices. Another group of factories raised their prices. This week, Vitamin B1 is less in stock. Soon, B1 Thiamine HCL will have supply shortage problems. The market price is $32-40/kg.
Popular Supplement Ingredients Market Prices Update 4/15-4/21
This week, the Creatine Monohydrate Powder 200 Mesh market quotation showed no signs of growth. The price is about $9-11/kg.
In the past two weeks, some products in the carnitine market have shown signs of price increases. For example, L Carnitine base powder is $19-21/kg. N-Acetyl L-Carnitine HCL powder is $22-24/kg. The market prices of these two carnitines have increased by about $0.5-1/kg. L-Carnitine L-Tartrate is relatively stable at $17.5-19/kg. Propionyl L-Carnitine HCL PLC is $118-130/kg. However, this ingredient is relatively scarce in stock.
Natrual Turkesterone powder is extracted from Ajuga Turkestancia. It has two test methods, including HPLC and U.V., with different market quotations.
- Ajuga Turkestancia P.E. 10% Turkesterone Powder HPLC is $108-116/kg.
- Ajuga Turkestanica Extract (Standardized to 10% Turkesterone) U.V. is $28-38/kg.
Phosphatidylserine Powder 70% sourced from soybean is $242-265/kg.
Fisetin powder is $480-500/kg.
Yucca Root extract 4:1 is $11.4-12.5/kg.
Melatonin powder is $80-83/kg with a steady market.
Spermidine, also called Spermidine Trihydrochloride, is $800/kg.
Astaxanthin powder has two production methods. One is natural extraction, and the other is synthetic way. Generally, natural Astaxanthin powder is more expensive than synthetic way. Natural Astaxanthin extracted from Haematococcus plurialis is $65-180/kg. Synthetic Astaxanthin is $51-100 /kg.
Promotional Supplement Ingredients List On Nutri Avenue 4/15-4/21
Below are the promotional ingredients offered by Nutri Avenue this week and their market reference prices. As a B2B supplier, we can provide factory direct sales prices.
L Arginine Alpha-Ketoglutarate powder is $14.8-16/kg.
L-Citrulline-DL-Malate 2:1 is $8-9/kg.
Betaine Anhydrous powder is $5.8-6.5/kg.
L Lysine HCL granular form is $3-3.8/kg.
MSM Methylsulfonylmethane is no less than $7/kg. Its particle size is around 40-80 mesh.
Citicoline powder is $180/kg at the lowest in the market.
Conclusion
The popularity of mushroom extract market in the U.S. remains high. There are more and more categories of downstream products, such as dietary supplements, food and beverages, coffee, skincare, etc. It is a new trend in raw materials worth paying attention to in the future. This week, Nutri Avenue also lists recommended mushroom extract ingredients, including cordyceps, shiitake mushrooms, Reishi, etc.
In addition, Vitamin E and Vitamin B1 Thiamine HCL in the vitamin market have stopped quoting and raised prices. Both products will likely be in short supply, at least in the short term.
The market for other supplement ingredients remains basically stable. Nutri Avenue will continue to monitor market trends. For more information, please contact us.
