Global Astragalus Root Extract Market: Drivers and Restraints
The major driving force for growth in the astragalus root extract is the very important vital energy. The root extract is also used to treat the immune deficiency and fatigue for healing the wounds, and improve the digestion and reduce endema caused by cardiac weakness.
Further, manufacturers are coming up with astragalus root extract products with claim free products such as vegan, gluten free, chemical free, and non-gmo. A recent study and research indicate that Astralagus may offer antioxidant support with a variety of ailments. The growing stress and the busy life schedule of the consumers are also one of the major factors for growth in astragalus root extract products. The adaptogenic herb helps in reducing stress and also the aging factors in individuals.
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Another major driver, in the astragalus root extract market, is its popularity amongst the athletes. Astralagus has three potent constituents making it one of the leading super herbs. It contains saponins, flavonoids, and polysaccharides.
Astragalus are usually taken in combination with other herbal supplements. Astralagus, when used appropriately, are safe and do not have much side effects. However, the high doses of astragalus roots can suppress the immune system. Therefore, astragalus should be avoided while taking immune-suppressing drugs.
Global Astragalus Root Extract Market: Segmentation Overview
The astragalus root extract market is segmented into product form, nature, and applications. The astragalus root extract market is sub segmented into an application, and these includes food and beverages, pharmaceuticals, and personal care products. Amongst all these applications, the pharmaceutical sector dominated and is expected to maintain its dominance during the forecast period. The astragalus root extract tonic is premium product and is trending amongst the athletes who are looking out for more energy and vitality.
Global Astragalus Root Extract Market: Regional Outlook
Depending on geographic regions global Astragalus Root Extract market is segmented into seven broad regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan and Middle East Africa. APEJ region dominated the market and is expected to maintain its dominance during the forecast period.
Global Astragalus Root Extract Market: Prominent vendors
Some of the prominent players identified across the value chain of the global astragalus root extract market are Nutragreen Biotechnology Co., Ltd, Xi’An Sanwei Biotechnology Co., Ltd, Mountain Rose Herbs, and Z Natural Foods, LLC, amongst others. Few of the strategies adopted by the key players in the market are partnership and collaboration with other operators, expansion into the untapped market, and joint ventures with the organizations in emerging countries to gain the strong foothold in the market. To ensure product differentiation and to acquire a considerable share of the market, major vendors are adopting creative strategies and are constantly developing innovative products.
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Regional analysis for Astragalus Root Extract Market includes
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Western Europe
- Germany
- France
- U.K
- Spain
- Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of the Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- China
- India
- ASEAN
- Australia and New Zealand (ANZ)
- Rest of APEJ
- Japan
- The Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The global astragalus root extract market is segmented by nature type into:
- Conventional
- Organic
The global astragalus root extract market is segmented by product form into:
- Powder
- Whole root
- Liquid
The global astragalus root extract market is segmented by application into:
- Food and beverages
- Pharmaceutical
- Personal care
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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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