The global Lentinan market is valued at 9 million US$ in 2017 and will reach 11 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2018-2025.
City of Industry, CA -- (SBWIRE) -- 06/28/2018 -- This report studies the global Lentinan market status and forecast, categorizes the global Lentinan market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
Lentinan is a beta-glucan (a type of polysaccharide) from the mushroom lentinus edodes (shiitake mushroom). It has been studied in Japan as a treatment for cancer.
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As an intravenous biological response modifier, lentinan features potent antitumor effects, remarkably prolonged life, improved life quality and mild side effects. First developed by Japan, lentinan was approved to enter China in 1988. Although the practical use has confirmed lentinan's efficacy, its market size has been limited due to its high price. After entering the 21st century, lentinan has become able to be produced domestically at a relatively low price. Therefore, its market size grows at an increasing rate. Now, China is the dominate producer of lentinan, the production is 84528 Kg in 2015, according for about 67.85% of the total amount, followed by Japan, with the production market share of 15.72%. China also has the highest production growth rate of 6.00% from 2011 to 2015. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.
The global Lentinan market is valued at 9 million US$ in 2017 and will reach 11 million US$ by the end of 2025, growing at a CAGR of 3.3% during 2018-2025.
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The major players covered in this report
Ajinomoto
Elicityl
Nammex
Panjin Gerun Biotech
Golden Horizon Biologics
Acetar Bio-Tech
Johncan Mushroom Bio-technology
Xi'an Changyue Phychemistry
Xi'an Yuansun Biological
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Food Grade
Pharmaceutical Grade
Other
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Food additive
Health product field
Anti-cancer drug
Others