Base Year
Historical Year
Forecast Year
The global salvia miltiorrhiza extract market is being aided by the growth of the plant extract market. The global plant extract market is expected to grow at a CAGR of 12.6% in the forecast period of 2024-2032 to reach a value of USD 139.82 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The global market for salvia miltiorrhiza extract is being significantly supported by the growth of the industry within the Asia Pacific region. The market growth within the Asia Pacific region is being supported by the thriving consumer demand due to the increased use of the extract in traditional and herbal medicines and favourable geographic conditions for cultivation. The plant is indigenous to the countries within the region. Within the region, China represents one of the largest regional markets for the salvia miltiorrhiza extract industry. North America and Europe are also emerging as significant markets for the product, where the demand is rising due to the rising health awareness among consumers.
Salvia miltiorrhizai is a popular Chinese herb, also recognised as danshen, red sage, and Chinese sage. The herb is native to China, growing on the hillsides and stream banks. Salvia miltiorrhiza extract is derived from the roots of the herb. The extract is used in the treatment of bronchitis, high cholesterol, and blood circulation disorders. Phenolic acids, terpenoids, ß-sitosterol, baicalin, ursolic acid, and daucosterol are the chemical compounds that are present in salvia miltiorhiza extract.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
On the basis of nature, the market can be divided into the following:
Based on form, the market can be segmented as follows:
Salvia miltiorrhiza extract finds wide applications in the following sectors:
The regional markets for salvia miltiorrhiza extract can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The growth of the market is being driven by the rising pharmaceutical sector across the globe. Over the past few years, the global demand for botanicals has been growing rapidly, with the botanical medicinal products market witnessing a rapid growth. Thus, the rising acceptance of botanical medicines is aiding the growth of the salvia miltiorrhiza extract industry. In addition, the demand for natural ingredients, combined with salvia miltiorrhiza extract's medicinal properties, has been propelling the growth of the market, especially in the developed nations. In the coming years, the rising R&D activities in the plant extract and herbal medicine sectors are projected to catalyse the market growth.
The report gives a detailed analysis of the following key players in the global salvia miltiorrhiza extract market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Nature |
|
| Breakup by Form |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market is projected to grow at a CAGR of 12.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 139.82 billion by 2032.
The major market drivers include rising population, increasing demand from the pharmaceuticals sector, the growing awareness of the medical benefits of salvia miltiorrhiza extract, and rising research and development activities.
The thriving demand for organic and natural ingredients and growing demand from the pharmaceutical sector are important trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading nature types of salvia miltiorrhiza extract in the market are organic and conventional.
The major forms of salvia miltiorrhiza extract in the market are liquid and powder.
The significant applications in the market are pharmaceuticals, herbal supplements, and cosmetics, among others.
The key players in the global salvia miltiorrhiza extract market are Xian Yuensun Biological Technology Co., Ltd, Organicway, Wincobel Chemical Co.,Ltd., and Hawaii Pharm LLC, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share