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Lentinan Market Worth $11 Million by 2025 at a CAGR of 3.3% : Ajinomoto, Elicityl, Nammex

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Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- 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 was 9 million US$ in 2018 and is expected to 11 million US$ by the end of 2025, growing at a CAGR of 3.3% between 2019 and 2025.

This report studies the Lentinan market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Lentinan in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this 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

By the product type, the market is primarily split into

Food Grade

Pharmaceutical Grade

Other

By the end users/application, this report covers the following segments

Food additive

Health product field

Anti-cancer drug

Others

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