Sage is a low-growing evergreen shrub that has been known for centuries for its traditional uses in culinary and herbal medicines. It belongs to the mint family alongside herbs such as rosemary, thyme, basil and oregano. The leaves of sage can be used for various purposes in different forms. For instance, they can be chewed whole.
They can also be dried and ground into powder or prepared as a fluid extract, tincture or essential oil. The extract obtained from sage is a colorless to yellow clear liquid. The usage of sage extract in liquid form is trending nowadays. It is used as a dietary supplement and food ingredient in the U.S.
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Sage extract offers a wide range of applications for food and medicinal purposes
Sage extract is used in the preparation of medicines that are used for the treatment of digestion-related issues, which include diarrhea, gastritis, loss of appetite and heartburn. Sage extract is also used to reduce the overproduction of saliva and perspiration. Other medicinal uses of sage extract include the usage of sage extract for depression and memory loss. Sage extract also has applications in the food industry as a popular spice. However, the excessive usage of sage extract as a spice is not advisable as it is likely to have adverse effects. Moreover, pregnant women or nursing mothers are advised to avoid the intake of sage extract.
A recent study on the ability of sage extract to protect against Alzheimer’s disease has resulted in a significant increase in the popularity of sage extract. Thus, the growth of the sage extract market can be attributed to a wide range of functional benefits offered by sage extract. Furthermore, increase in awareness regarding the benefits of sage extract is also expected to boost the market.
Sage Extract Market:
Examples of some of the market participants in the global sage extract market are Sibelius, Mountain Rose Herbs, Avoca Inc., Aphios Corporation, Wuhan Dahua, App Chem-Bio, Greenlife, Shanxi Jinjin, Haotian, Capot and Sami Labs Limited.
Global Sage Extract Market: Key Developments
Several clinical studies have been conducted to prove the medicinal benefits of sage extract on human beings. For instance, a clinical study conducted by Moss et al in 2010 investigated the effect of sage extract on mood and cognition in 135 healthy adults. Another study conducted by Kennedy et al in 2006 showed the positive effects of sage extract on the stress, response time, mathematical processing, memory and mood of 30 healthy participants.
With the rising popularity of sage extract, the number of product launches in the sage extract market is also increasing. For instance, in 2016, the company Sibelius introduced its new sage extract product for cognition. The sage extract market is developing not only by new product launches, but also due to the incorporation of new technologies. Sibelius also developed its own patented technology of Chronoscreen, with the help of which the company was successful in demonstrating the significant difference between the biological activities of the Sibelius sage extract over other sage extracts.
Opportunities for Sage Extract Market Participants
Currently, sage extract is available in the market as a single-ingredient product. However, sage extract is estimated to witness significant growth in the future if it is combined with other ingredients and extracts to produce new and innovative products. These products will offer additional benefits along with those of sage extract. This is likely to boost the global consumption of sage extract, which will, in turn, boost the market. Various opportunities are also available in research and development. The manufacturers of sage extract can collaborate with other manufacturers with better extraction techniques and technologies to grow their businesses in the sage extract market.
Brief Approach to Research
The research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, application, product type, and end use of the market.
Key Data Points Covered in the Report:
- An overview of the global sage extract market, including background and advancement.
- Macroeconomic factors affecting the sage extract market and its potential.
- Market dynamics, such as drivers, challenges, and trends.
- Detailed value chain analysis of the sage extract
- The cost structure of and segments covered in the study.
- In-depth pricing analysis, by crucial sage extract segments, regions, and by major market participants.
- Analysis of supply and demand the sage extract, such as top producing and consuming geographies, imports/exports, and overall trade scenario.
- Analysis of the market structure, including a tier-wise categorization of key market participants of sage extract
- Competitive landscape of the market, including detailed profiles of the top players in the sage extract
Regional analysis of the sage extract market includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
- Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
- Eastern Europe (Poland, Russia, Ukraine, Rest of Eastern Europe)
- Japan
- Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain of the sage extract market. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors of the sage extract market, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies of sage extract.
Sage Extract Market: Segmentation:
On the basis of end-use industries:
- Food and Beverage
- Pharmaceutical
- Cosmeceuticals
On the basis of the nature of production:
- Conventional
- Organic
On the basis of packaging:
- Amber glass bottle
- Bottle with dropper
- Plastic bottle
On the basis of the distribution channel:
- Supermarket
- Specialty Store
- Grocery store
- Online retailers
- Others
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Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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