Nettle Root Extract Market Scope
Nettle Root Extract is a plant with pointed leaves and white to yellowish flowers. The root is used for diabetes. It contains ingredients that decrease swelling and increase urination. Nettle root extract is most commonly used for diabetes, osteoarthritis and urinary tract infections (UTIs), kidney stones, enlarged prostate. The demand for nettle root extract is huge due to wide application in various medical, which is driving the growth of the market over the forecast periods
The Nettle Root Extract market study is segmented, by Application (Medical, Cosmetics and Others) and major geographies with country level break-up.
The market is expected to grow in the cosmetics industry. It has wide application for producing personal care products such as hair oil and sunscreen. Several companies such as Alpspure Lifesciences Private, Lhasa Karnak Herb Company, HERBO NUTRA are operating in the market to provide customers with better offers with various features & unique offering products and services. The market is a consolidated market with the presence of several market players and local players. Which is triggering the market growth over the forecast period
Alpspure Lifesciences Private Limited (India), Lhasa Karnak Herb Company (United States), HERBO NUTRA (India), Bio Botanica, Inc (United States), Hunan Huakang Biotech Inc (China), SENIORITY.IN (India), Xi'an Miracle Biotechnology Co (China), The Kroger Co (United States), Lost Empire Herbs (United States) and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Nettle Root Extract market by Type, Application and Region.
On the basis of geography, the market of Nettle Root Extract has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On April 2018, Bio-Botanica Inc had Partnered with Genomatica to Create New Extract Line Made with Brontide Butylene Glycol. The main aim for partnering with Genomatica is to help personal care manufacturers to meet growing consumer demand for natural products
Market Trend
- Rising demand for the product through online service
Market Drivers
- It helps to detoxify the Body
- It used to improve heart health
Opportunities
- It helps to increase anti-inflammatory activity.
Restraints
- Excessive consumption may lead to hair loss and affect the texture of the skin
Challenges
- the nettle root extract has sharp hairs on its leaves that contain chemicals, such as formic acid and histamine, that can irritate the skin and cause stinging, itching, and redness.
Key Target Audience
Supplier, Manufacturer, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-Use Industry