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The global white willow bark extract market is being aided by the growth of the pain management drugs market. The global pain management drugs market is expected to attain USD 46.12 billion in 2023 and is expected to further grow at a CAGR of 4% in the forecast period of 2024-2032.
Widespread Use of the Product in Pain Management to Aid the White Willow Bark Extract Industry
The market for white willow bark is driven by its widespread use in pain management. Its properties include the presence of polyphenols and flavonoids, antiseptic, antioxidant, fever-reducing, and immune-strengthening properties. This further adds to its commercialisation across several sectors. The market has further strengthened due to the availability of the product in various dosages, along with its evidence-based research. The new dosage forms include tablets, liquid syrups, capsules, and topical preparations. Further, the rising consumer awareness about the safe usage and natural pain relief medication has boosted the demand for white willow bark extract and is expected to aid the market growth over the forecast period as well. The product is used mainly in India, China, and Greece as traditional medicines. This is attributed to the rising consumer preference for traditional products across the globe.
White Willow Bark Extract Market Size
White Willow Bark Extract Market Growth
White Willow Bark Extract Companies
*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.*
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In 2023, the global white willow bark extract market is aided by the growing pain management drugs market, which attained a value of nearly USD 46.12 billion.
The pain management drugs market is projected to grow at a CAGR of 4% between 2024 and 2032, further aiding the white willow bark extract industry growth.
The major drivers of the market include the use of white willow bark extract as an alternative to pharmaceutical medicines, the rising demand of white willow bark extract among health-conscious consumers, the growing use of the product in a variety of preparations, and technological advancements.
The key trends guiding the market growth include the use of white willow bark extract to manage chronic pain, the increasing commercialisation of white willow bark extract across various end-use sectors, and the growing preference for traditional medicines.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading forms of white willow bark extract in the market are powder and liquid.
The major end uses of white willow bark extract are food and beverage, cosmetics, personal care, pharmaceuticals, and dietary supplements, among others.
The major players in the market are The Green Labs LLC., Foodchem International Corporation, Augustus Oils Ltd, Naturalin BioTech Co.,Ltd, and Herbo Nutra, among others.
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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