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.
The global Herbal Extracts market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Herbal Extracts market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Herbal Extracts in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Pharmchem (Avocal Inc.)
By the product type, the market is primarily split into
Saw Palmetto Extract
Milk Thistle Extracts
Horse Chestnut Extracts
By the end users/application, this report covers the following segments
Health Care Industry
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Herbal Extracts market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Herbal Extracts market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Herbal Extracts manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Herbal Extracts with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Herbal Extracts submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Herbal Extracts are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Herbal Extracts market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Herbal Extracts market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.