At 3.3 % CAGR, Lentinan Market Size Set to Register 12 million USD by 2026
Category: #reports  By Ashwin Naphade  Date: 2020-03-16
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At 3.3 % CAGR, Lentinan Market Size Set to Register 12 million USD by 2026

As per a recent report put forth by Market Study Report LLC, the Lentinan Market is anticipated to record its name in the Million-dollar space within seven years, by exceeding a revenue of 12 Million by 2026, with an anticipated CAGR of 3.3 %.

The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes. The major market players are evaluated on various parameters such as company overview, product portfolio, and revenue of market from 2020 to 2026.

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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.

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 2020 is expected to reach 12 million US$ by the end of 2026, growing at a CAGR of 3.3% during 2021-2026.

This report focuses on Lentinan volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Lentinan market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan etc.

Market Segment Analysis

The research report includes specific segments by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type, the Lentinan market is segmented into

    Food Grade

    Pharmaceutical Grade

    Other

Segment by Application

    Food additive

    Health product field

    Anti-cancer drug

    Others

 Global Lentinan Market: Regional Analysis

The Lentinan market is analysed and market size information is provided by regions (countries). The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.

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Global Lentinan Market: Competitive Analysis

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

The major players in global Lentinan market include:

Ajinomoto

Elicityl

Nammex

Panjin Gerun Biotech

Golden Horizon Biologics

Acetar Bio-Tech

Johncan Mushroom Bio-technology

Xi'an Changyue Phychemistry

Xi'an Yuansun Biological

The guiding factors that are mentioned in the report:

Market Report Highlights: The report provides a detailed overview of market analysis and Changing market dynamics in the industry. on some of the Lentinan Market key factors, Industry growth rate, sales data, comprising revenue, cost, capacity, development Trends, production, revenue, consumption, import/export, supply/demand, gross, market share, CAGR, and gross margin. Additionally, the report presents a comprehensive study of the market growth factors and their latest trends, along with relevant market segments and sub-segments.

Market Dynamics: The Global Lentinan Market research report provides thorough forecasts on the latest market company overview, SWOT analysis, trends, business strategies, and research methodologies. Some of the factors that directly affect the market include the manufacturing method and market technique, development platforms change within the product profile. Key companies are focusing on expanding their business through strategic acquisitions and partnerships with other players.

Table of Content:

Chapter One: Lentinan Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Market Competition, by Players

Chapter Four: Market Size by Regions

Chapter Five: North America Revenue by Countries

Chapter Six: Europe Revenue by Countries

Chapter Seven: Asia-Pacific Revenue by Countries

Chapter Eight: South America Revenue by Countries

Chapter Nine: Middle East and Africa Revenue by Countries

Chapter Ten: Lentinan Market Segmentation by Type

Chapter Eleven: Global Lentinan Market Segmentation by Application

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Frequently Asked Questions (FAQ) here :

The Lentinan market is likely to register a CAGR of 3.3 % over the forecast period.
The overall Lentinan market acquired a revenue share of USD 9 million value in 2020.
Lentinan market is likely to surpass a mammoth of USD 12 million by the end of 2026.
The various segments of the Application terrain of Lentinan market are Food additive Health product field, Anti-cancer drug


About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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