L-ergothioneine Market
L-ergothioneine Market Study for Use in Pharmaceutical Industry, Cosmetics Industry, and Other End-User Industries from 2023 to 2033
Analysis of L-ergothioneine Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
L-ergothioneine Market Outlook (2023 to 2033)
It is a good source of amino acid furthermore it’s rich in sulfur which is mainly found in cyanobacteria, actinobacteria, and fungi. It is also found in red and black beans, mushrooms, garlic, oat bran, liver, kidney, and crabs. L-ergothioneine is also found in human skin, eye lenses, erythrocytes, and semen.
The health of mitochondria may be the cause of many cellular alterations associated with aging. The amount of time that facial skin spends in the sun is a significant factor in facial skin aging. It effectively controls glutathione levels and prevented the induction of a photoaging-related mtDNA in cells. The health and skin benefits of l-ergothioneine will generate massive demand in the Cosmetics, Pharmaceutical, and Food Industries.
It’s effective in preventing skin aging and wrinkles and damage from sun rays. Rising demand from the above industries will drive the growth of the market at a significant scale registering a high CAGR in the forecast period.
According to some studies, having more ergothioneine in the blood may reduce your risk of developing heart disease and dying from it. However, it is unclear if consuming more ergothioneine-rich foods or ergothioneine supplements will reduce the risk of heart disease or mortality.
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What are the factors impelling growth in demand?
Its effectivity against UV-induced Damage drives demand for cosmetic applications
A huge market for products that promote beauty from within has been generated by the growing number of Z-generation consumers who are remarkably prepared to spend on skin care products with strong scientific backing. It was formerly hypothesized that orally supplemented L-ergothioneine would have skin benefits because of its great acceptance and popularity in the cosmetics industry, as well as because functional compounds taken orally had advantages over topical treatments.
Due to its potent cytoprotective properties and outstanding anti-oxidizing qualities, L-ergothioneine is a well-known cosmetic component. According to a clinical trial, it can prevent telomere shortening caused by oxidative stress. Nevertheless, there is little published data on the advantages of L-ergothioneine taken orally for the treatment of skin problems based on any clinical research.
Increasing demand from the Pharmaceutical Industry
L-ergothioneine is useful in the prevention of cataracts, liver damage, Alzheimer’s, heart attacks, and diabetes. As it’s a unique and rare source of amino acid available in fungi and various bacteria but not in higher plants. Many properties of l-ergothioneine aid in the treatment of numerous illnesses and conditions, including cataracts, liver damage, Alzheimer's disease, heart attacks, and diabetes. The pharmaceutical industry has turned its attention because of these properties. This will increase the market's demand, which will aid the market's expansion.
Growing health Awareness invites changes in lifestyle and diet
The healthy and protein-rich diet concerns are propelled now more than ever. People are now making conscious choices when it comes to their food and beverages. Food that is high in protein and amino acids is preferred by most people as high amino acid content is good for overall health.
L-ergothioneine is present in various foods, such as garlic, red and black beans, mushrooms, garlic, oat bran, liver, kidney, crabs, etc., and is also available in supplement format whose demand is rising in the consumer base. This will drive the market demand and increase the consumer base for the market.
Application in food preservation is driving demand in the food industry
l-ergothioneine can possibly replace sulfur in wine and other food applications anticipated to increase its demand in the forecast duration. Sulfites prevent microbial development by interacting with adenosine triphosphate, the cell's energy source. They also impede several metabolic pathways and cellular transport systems. Some antimicrobials affect the permeability of bacteria cell walls or membranes or even obliterate the genetic material.
Recognized with Novel Food Status by EU
European Union has recently provided the Novel Foods status to l-ergothioneine for its use as an ingredient in various Cosmetics, Pharmaceutical, and Personal care products. Such approvals give the product enough credibility in the market and enhance its market reach. This will drive the demand in the forecast period.
The global market is expected to witness a huge rise in demand due to its health-benefiting factors. Recent approval from the EU for the use along with rising consumer awareness will provide a significant boost to the growth of the manufacturers in the forecast period.
Region Wise Insights
The global market is dominated by Europe followed by America. Europe is expected to dominate the global market due to the EU’s approval of the use. America, on the other hand, is a vital contributor to the growth of the global market because of its skincare demand and medical infrastructure. MEA and APAC regions will also be some essential contributors to the growth owing to their increasing skincare demand resulting from UV radiation and improving medical infrastructure.
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Key players
- Blue California
- Oxis International
- Sigma-Aldrich
- BOC Sciences
- Santa Cruz Biotechnology, Inc.
- Jiangyin Healthway International Trade Co., Ltd
- Tetrahedron
- Mironova Labs, Inc.
- Total Nutraceutical Solutions, Inc.
- Other prominent players
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Global L-ergothioneine Market Segmentation
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By End-user :
- Pharmaceutical Industry
- Cosmetics Industry
- Other End-User industries
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By Geographical Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- Oceania
- South Asia
- East Asia
- Middle East & Africa (MEA)
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. End-User 7. Global Market Analysis and Forecast, By End-User 7.1. Pharmaceutical Industry 7.2. Cosmetics Industry 7.3. Other End-User industries 8. Global Market Analysis and Forecast, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. Asia Pacific 8.6. East Asia 8.7. MEA 9. North America Sales Analysis and Forecast, by Key Segments and Countries 10. Latin America Sales Analysis and Forecast, by Key Segments and Countries 11. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 12. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. MEA Sales Analysis and Forecast, by Key Segments and Countries 16. Sales Forecast by End-User for 30 Countries 17. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 18. Company Profile 18.1. Blue California 18.2. Oxis International 18.3. Sigma-Aldrich 18.4. BOC Sciences 18.5. Santa Cruz Biotechnology, Inc. 18.6. Jiangyin Healthway International Trade Co., Ltd 18.7. Tetrahedron 18.8. Mironova Labs, Inc. 18.9. Total Nutraceutical Solutions, Inc. 18.10. Other prominent players
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by End-User
Table 3: North America Market US$ Mn Forecast by Country
Table 4: North America Market US$ Mn Forecast by End-User
Table 5: Latin America Market US$ Mn Forecast by Country
Table 6: Latin America Market US$ Mn Forecast by End-User
Table 7: Western Europe Market US$ Mn Forecast by Country
Table 8: Western Europe Market US$ Mn Forecast by End-User
Table 9: Eastern Europe Market US$ Mn Forecast by Country
Table 10: Eastern Europe Market US$ Mn Forecast by End-User
Table 11: Asia Pacific Market US$ Mn Forecast by Country
Table 12: Asia Pacific Market US$ Mn Forecast by End-User
Table 13: East Asia Market US$ Mn Forecast by Country
Table 14: East Asia Market US$ Mn Forecast by End-User
Table 15: MEA Market US$ Mn Forecast by Country
Table 16: MEA Market US$ Mn Forecast by End-User
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 3: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 5: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 6: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 8: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 10: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 12: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 14: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 15: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-User
Figure 16: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the impelling reason for demand from the food industry?
L-ergothioneine is used as a preservative in the food and beverage sector owing to its high sulfate content.
Where will manufacturers likely find novel opportunities?
Europe is expected to dominate the global market due to the EU’s approval of the use.
What are segments covered under this research covering end users?
The end-use industry segments in this market are- pharmaceuticals, cosmetics, and others.
L-ergothioneine Market