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Global Cascara Sagrada Powder Market: Competitive Landscape Analysis with Forecast by 2026

06-14-2019 03:04 PM CET | Industry, Real Estate & Construction

Press release from: MRR.biz

Global Cascara Sagrada Powder Market: Competitive Landscape

Cascara sagrada is Spanish for ‘Sacred bark.’ It is a stimulant laxative which has been in use for centuries for its laxative properties. Cascara sagrada is generally safe and well tolerated. Cascara sagrada used to be an ingredient for OTC (over the counter) medicines, but since 2002 it has been banned in the U.S. for its health concerns. Therefore there is a stigma surrounding the use of cascara sagrada powder. However, it is available in form of health supplements and part of nutraceutical products. It is used in cases of extreme constipation and for a temporary course. Apart from its laxative properties, cascara sagrada is said to have multiple health benefits including aiding weight loss, maintaining healthy skin and hair etc.

Digestive disorders leading to higher demand for health supplements

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Unhealthy eating habits of the majority of the population in developed countries have led to an increase in demand for constipation relieving supplements such as cascara sagrada powder. Cascara sagrada powder is available in form of non-prescription drug or health supplement in all markets. The benefit of the cascara sagrada powder being available without a prescription makes it available in untapped markets for potential customers. The non-requirement for a prescription for cascara sagrada powder also means that it is more accessible to the general public than other medication that requires a prescription. This decrease in cost for the prescription makes the consumer more inclined towards products such as the cascara sagrada powder.

Increase in consumer awareness about health supplements set to raise the demand for cascara sagrada powder market

Much of the stigma surrounding the use of cascara sagrada powder is due to lack of awareness regarding the use of it. But the internet and an incline towards herbal alternatives are changing that. The internet makes it easier for the average consumer to determine the proper use of the cascara sagrada powder, decreasing the stigma surrounding it. With the ease of access and cost-effectiveness of the cascara sagrada powder makes it a better alternative for OTC products that are available in the market.

Global Cascara Sagrada Powder Market: segmentation

By form:
Powder
Capsule
Pills

Global Cascara Sagrada Powder Market: key players

Some of the key players in the cascara sagrada market are: NOW foods, Nutricargo LLC, Nature’s way, Swanson health products, Nature's Sunshine Products, Inc., Oregon's Wild Harvest, Natural factors, Xi`an Sobeo Biotech Co., Ltd, SHAANXI SANGHERB BIO-TECH INC, Organic Herb Inc. etc.

Opportunities for Cascara Sagrada Powder Market participants

The global Cascara sagrada market is less saturated in terms of key market players because of the stigma attached to its use. This can be an opportunity for new and existing market participants as well. A focus on spreading awareness about its herbal nature and the proper use of cascara sagrada powder can be a driving factor for cascara sagrada powder market. There is a tremendous opportunity for new product formulations incorporating cascara sagrada powder as well. The market segment for products incorporating cascara sagrada powder is less saturated as compared to key manufacturers providing cascara sagrada powder as a whole.

The increase in the use of natural medicines is an opportunity for new participants in the cascara sagrada powder market, cascara sagrada being a completely herbal alternative to available OTC drugs, it can be more appealing to the consumer as a substitute.

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Global cascara sagrada powder market: a regional outlook

Developed regions with a preference towards herbal alternatives for medicines are potential markets for the cascara sagrada powder. With increase in awareness regarding the use of cascara sagrada powder, the demand for the product is expected to grow in the market. Multiple developed regions have exhibited a pattern of increased spending on processed foods and eating out. Regions such as Latin America and APAC have a steady increase in demand for processed foods. This rise in dependency on processed foods is expected to surge the demand for digestive aids such as cascara sagrada powder over the forecast period.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies

The main aim of the report is to:

Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

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MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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