Global Gentian Root Extract Market Overview:
Gentian root extract is an effective tonic, which usually administered for insufficiency of blood due to impairment of the heart and spleen resulting from overstrain, manifested as palpitation, amnesia and insomnia. Gentian root has a strong digestive effect. In addition, gentian stimulates bile and relieves the liver. The plant possesses antimicrobial, immunomodulatory, anticancer genic and is therefore administered especially in cases of diseases of the digestive tract, dyspeptic complaints, pancreatic dysfunction and much more. and and also more and more people are discovering the health benefits of Gentian root, particularly for skin, digestion, and detoxification
As per latest study released by AMA Research, the Global Gentian Root Extract market is expected to see growth rate of 4.3%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
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 |
Influencing Trend:
Consumer’s preferences are noticeably on a shift towards the herbal beauty products
Market Growth Drivers:
Rising number of contagious diseases
Challenges:
Presence of alternatives of gentian root extract
Restraints:
Less awareness among the population gentian root extract
Opportunities:
Growing consciousness of well-being and healthy among the people
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Xi'an DN Biology (Thailand), Changsha Vigorous-Tech (Russia), Shaanxi Jintai Biological Engineering (China), Sichuan Xiaoye Bencao Biotechnology (China), Xi'an Lyphar Biotech (United States), Shaanxi Undersun Biomedtech (China), Flavor Producers, Inc. (United States) and Aston Chemicals Ltd (United Kingdom). Analyst at AMA Research see China Players to retain maximum share of Global Gentian Root Extract market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Offline will boost the Gentian Root Extract market. Considering Market by Compound, the sub-segment i.e. Iridoids will boost the Gentian Root Extract market. Considering Market by End User, the sub-segment i.e. Pharmaceutical Industry will boost the Gentian Root Extract market.
Latest Market Insights:
In October 2021, Algatechnologies Ltd. announced a definitive agreement to acquire Neptune Wellness Solutions Ltd., a company that develops and manufactures branded, science-based nutraceutical products, including those containing Gentian Root Extract.
In November 2022, Nature's Way, a leading brand of natural health products, launched a new line of digestive enzyme supplements containing Gentian Root Extract.
What Can be Explored with the Gentian Root Extract Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Gentian Root Extract Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Gentian Root Extract
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Gentian Root Extract 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 in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Gentian Root Extract market.
In order to make priority list sorting is done based on revenue generated based on 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 Gentian Root Extract Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to 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 includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.