About Food Pharmaceutical Peony
A Peony is used for various purposes such as gout, osteoarthritis, fever, respiratory tract illnesses, and cough. Women also use peony for menstrual cramps, polycystic ovary syndrome, premenstrual syndrome, and for starting menstruation or causing an abortion. The peony or paeony is the flowering plant in the genus Paeonia, which is the only genus in the family Paeoniaceae.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that China Players will contribute the maximum growth to Global Food Pharmaceutical Peony market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brighten Flowers (Philippines), Dutch Flower Group (Netherlands), Yunnan Yingmao Flower (China), Peony Love (United Kingdom), Henan Xiangyue (China), Weizhen Guose Agriculture (China), Gansu Wanlinxiqi (China) and Anhui Chinature (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Klorane (United States) and Martin Bauer Group (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Food Pharmaceutical Peony market by Type (Peony Root-Bark Extract, Peony Seed Oil, Peony Essence and Other), Application (Food Industry and Pharmaceutical Industry) and Region.
On the basis of geography, the market of Food Pharmaceutical Peony has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Influencing Trend:
Increasing Awareness About the Pharmaceutical Peony
Market Growth Drivers:
Increasing Health Benefits of Pharmaceutical Peony is Fuelling the Market
Challenges:
Higher Competition Among the Major Players and Health Issues may hamper the market
Restraints:
Availability of Alternative Products
Opportunities:
Increasing Usage of Pharmaceutical Peony is Boosting the Market
Market Leaders and their expansionary development strategies
In May 2023, The WACKER chemical group headquartered in Munich has acquired 100 percent of the shares of contract manufacturing company (CMO) ADL BioPharma. The shares were purchased from Kartesia, a financial investor with whom WACKER signed a corresponding agreement finalizing the transaction last week.
In November 2022, Supreem Pharmaceuticals Mysore has announced the launch of Supreem Superfoods, a healthy superfoods brand, in Mumbai & Pune. The brand unveiled 30 plus products under two verticals, Normalife and Normahealth.
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.