Cordyceps militaris is a precious medicinal fungus; its cordycepin content is higher than the content of wild cordyceps and its price is more easily to be accepted by consumers. Cordyceps militaris can be processed into medicines and health care products, and also can be used as dishes; therefore, it has gained consumers’ favorite. The price is much lower compared with Cordyceps.
According to the survey of Huidian Research, China’s current main artificial cordyceps militaris producing areas are Xinhui region in Jiangmen and Liaoning; of which, the output in Laoning accounts for more than 70% of the total output. At present, the annual output of cordyceps militaris technical materials is about 8,000 tons, and the market scale would reach nearly CNY 1.5 billion if calculated at current average price.
The development prospect of cordyceps militaris industry will be promising along with the improvement of people’s living standard, the strengthening of health care consciousness, the deepening of understanding on artificial cordyceps medicines and tonic value, and increasingly active scientific research at home and abroad, as well as the expansion of deep-processing in different regions. It is expected that China’s cordyceps militaris output will increase at the growth rate of 20%, and the national cordyceps militaris output will exceed 19,000 tons by 2017.
In recent years, the consumption volume of natural medicinal materials has increased at the growth rate of 10% annually, and Western European countries began to relax restrictions on Chinese herbal medicines; the demands for the traditional herbal medicines (including cordyceps militaris and cordyceps sinensis) not only surged in China but also expanded to the whole world. Cordyceps sinensis resources are in serious short supply; in recent years, its output is only 3% of the output in 1950s, which is difficult to meet the market demands; the price is also extremely high. However, the price of cordyceps militaris is easily accepted by consumers, and its nutritional value is similar to wild cordyceps. Therefore, cordyceps militaris has become an ideal substitute of cordyceps sinensis. Wild cordyceps sinensis has been protected by the state, so the market of cordyceps militaris is very broad.