Market Overview:
Tongkat Ali is an herbal remedy that has been traditionally used for centuries. This comes from the root of green shrub tree Eurycoma longifolia, which is native to Southeast Asia. Tongkat Ali helps muscular strength improved significantly in the back and leg. In the case of erectile dysfunction, which has become a lifestyle disease due to increased stress levels and depression among men, the use of Tongkat Ali. This herbal also benefits women, its ability to balance hormones with a common symptom of hormone imbalance including brain fog, fatigue, and slow metabolism among others.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Cambodia Moringa Leaf Powder (Kampuchea), Shanghai Greensail Biotechnology Co., Ltd. (China), GCM Products (Malaysia), Changsha Herbway Biotech Co., Ltd (China), Masmani Sdn Bhd (Malaysia), Sweet Heart Food Industries Sdn Bhd (Malaysia), Nutra Green Biotechnology Co., Ltd. (China), Apex Biotechnol (India), Xi'an Pincredit Bio-Tech Co., Ltd. (China) and Nanjing NutriHerb Biotech Co.,Ltd (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Tongkat Ali Powder Market Study:
Cambodia Moringa Leaf Powder (Kampuchea), Shanghai Greensail Biotechnology Co., Ltd. (China), GCM Products (Malaysia), Changsha Herbway Biotech Co., Ltd (China), Masmani Sdn Bhd (Malaysia), Sweet Heart Food Industries Sdn Bhd (Malaysia), Nutra Green Biotechnology Co., Ltd. (China), Apex Biotechnol (India), Xi'an Pincredit Bio-Tech Co., Ltd. (China) and Nanjing NutriHerb Biotech Co.,Ltd (China)
Tongkat Ali Powder Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Personal Use, Pharmaceutical Field and The Prevention and Treatment of Malaria |
Type | Tongkat Ali Root Extract Powder, Tongkat Ali Extract Powder, Tongkat Ali Powder and Tongkat Ali Powder Medicine for Sexual Power |
Tongkat Ali Powder Market Changing Dynamics
Attributes | Details |
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Growth Drivers | - Willingness towards Alternative Distribution and Dispensing of Tongkat Ali Powder
- Rising Spending in Healthcare
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Restraints | - Disorder in Underdeveloped and Developing Countries
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Road Blocks / Challenges | - Stringent Government Rules and Regulations
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Gaps & Opportunities | - Potential Growth From Emerging Countries
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. The Global Tongkat Ali Powder market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
In the United States, tongkat ali may be used as a component of dietary supplement products, which require notification with the US Food and Drug Administration (FDA) within 30 days of marketing if a structure-function claim is made. In Canada, tongkat ali is regulated as an active ingredient of licensed natural health products (NHPs), which require pre-marketing authorization from the Natural and Non-prescription Health Products Directorate (NNHPD). At the time of this writing, there are 206 licensed NHPs in Canada that list E. longifolia as an active ingredient. In the EU, there are some authorized applications for use of an extract of the root in cosmetic products, specifically for skin conditioning and skin protecting functions.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tongkat Ali Powder market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Tongkat Ali Powder market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Tongkat Ali Powder Distributors/Traders/Wholesalers, Tongkat Ali Powder Subcomponent Manufacturers, Industry Association and Downstream Vendors.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.