Herbal Extracts Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
316566 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Herbal Extracts market including various factors related to and dependent influencing the market growth.
Herbal extract is based on herbs as raw materials in accordance with the needs of the extracted ground, through physical and chemical extraction and separation process, directed to obtain and concentration herbs in one or a variety of active ingredients, without changing its active ingredient structure and formation of products.
For development, milk thistle and saw palmetto have been in the popular herbal supplements and remedies list for many years. For the past years, fast development has been witnessed in saw palmetto and milk thistle market, while in the future. We suggest that the growing of these two markets would still be in progress, but with more modest speed. The production of horse chestnut grows evenly during the following years, due to people\'s less attention on function of horse chestnut. Comparatively, pygeum is more popular than the above three products. However, the rare of raw material source hinders the development of pygeum extracts. Basically, the development of pygeum rivals milk thistle and saw palmetto these years.
For the market, Europe is the biggest market of herbal extracts, followed by United States. Each year, large amount of herbs and herbal extracts are imported to Europe and United States, to satisfy the growing demand of herbal supplements and remedies in these areas. Since pygeum is only produced in Africa, Europe and China manufactures imports pygeum from Africa, and provides pygeum extracts to Euorpe and United States market; saw palmetto is mostly grown in United States, also mostly consumed in United States; Europe is the biggest market of milk thistle extracts, followed closely by United States; Also, Europe is the biggest production base and market of horse chestnut.
For manufactures, the herbal extract market is relatively concentrated: Martin Bauer is the leading player in global herbal extracts market, with hundreds of products to satisfy the market in Europe and North America. Other leading players like Indena, Euromed and Naturex are also taking an important share in this field. It is worth noting that China manufacturer has playing an increasing important part in herbal extracts market, exporting products to Europe and North America market. Leading China players are TY Pharmaceutical, Natural Field and Xi\'an Herbking.
For trading, the import and export business of herbal extracts is frequent. Since Europe manufacturer produce a major share of global products, Europe companies export considerable amount of products to North America and Australia. China is also an important exporter of herbal extracts, aiming at United States market.
We tend to believe this industry now is close to mature, and the consumption increasing degree will show a slow decline curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
Global Herbal Extracts market size will increase to xx Million US$ by 2030, from xx Million US$ in 2020, at a CAGR of xx% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Herbal Extracts.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Herbal Extracts market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Herbal Extracts market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Herbal Extracts market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Herbal Extracts Market: The major competitors working in the market are:
, Martin Bauer, Indena, Euromed, Naturex, Bio-Botanica, Maypro, Sabinsa, Pharmchem (Avocal Inc.), Natural, Xian Shengtian
Market by Order Type
Saw Palmetto Extract
Milk Thistle Extracts
Horse Chestnut Extracts
Pygeum Extracts
Others
Herbal Extracts Data by Application
Health Care Industry
Pharmaceutical Industry
Others
Herbal Extracts Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Herbal Extracts market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Herbal Extracts Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Herbal Extracts market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Herbal Extracts market size and their forecasts
To provide strategic profiles of the key players operating in the Herbal Extracts market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Herbal Extracts market
Target Audiences for Herbal Extracts Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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