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Global Angelica Extract Market Size, by Source (Angelica Root, Powder, Oil), Application (Pharmaceuticals, Cosmetics), End Users (Medical Stores, Retail Stores), & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2025

02-04-2020 02:49 PM CET | Health & Medicine

Press release from: Orian Research

Angelica Extract Market

Angelica Extract Market

The global angelica extract market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global angelica extract market includes by Source (Angelica Root, Angelica Powder, Angelica Oil), by Application (Food and Beverages, Pharmaceuticals, Cosmetics), by End Users (Hyper Market / Super Market, Speciality Stores, Medical Stores, Retail Stores, Online Stores), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

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Angelica a root, known by many names such as wild celery, dang GUI and wild parsnip. It's an aromatic herb, which grows in Korea, Japan and China. Angelica has an antibacterial action, which prevents the growth of various bacteria and thus find potential medical usage. Angelica has been used for strengthening lungs, kidney, liver and heart. Angelica plant, seed fruit, root are used for making herbal medicine. Angelica extract is an herbal tonic for blood circulation. Also, it is considered as all-purpose woman's tonic herb. Angelica extract is widely used in functional food and pharmaceuticals. Increasing health awareness among consumers is driving the growth of global angelica extract market.

Solutions extracted from the angelica herb are widely used by consumers who are facing health issues owing to changing lifestyles. This is acting as a major factor in influencing the growth of the angelica extract market. However, despite accounting for several angelica uses, the food and beverage and the cosmetic industries are witnessing a lack of new suppliers owing to the low yield and low volume demand for the angelica plant.

Global angelica extract market is increasing due to increasing awareness related to benefits of angelica plant coupled with growing usage of angelica extract in functional food is driving the growth of global angelica extract market. Increasing use of angelica extract in various foods to enhance taste and health benefits is increasing the adoption of angelica extract in different food products, thus fuelling the market growth.

Moreover, angelica has various medical benefits such as providing energy, vitality, enriching blood, etc. It also helps in reducing disease such as anaemia, low immunity problem, and other disease. Furthermore, angelica extract also contains anti-aging properties. So the demand for angelica extract is increasing amongst the cosmetic manufacturers, which further results in to growth of global angelica extract market. Now a days, online availability of the angelica extract is increasing, which is anticipated to fuel the growth of the global angelica extract market.

In addition, extensive research and development initiatives for the increasing uses and applications of the angelica extract is also fuelling the growth of global angelica extract market. High dose of angelica extract increase sugar in urine, which is not beneficial for diabetics and thus, restricts adoption among a significant population. However, the prices of angelica extract are very high, which also acts as a restraining factor for global angelica extract market growth.

The global angelica extract market is primarily segmented by source, application, end users, and region.

On the basis of Source, the market is split into:

* Angelica Root

* Angelica Powder

* Angelica Oil

Based on Application, the market is divided into:

* Food and Beverages

* Pharmaceuticals

* Cosmetics

Based on the End Users, the market is segmented into:

* Hyper Market / Super Market

* Speciality Stores

* Medical Stores

* Retail Stores

* Online Stores

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Moreover, the market is classified across regions and countries as follows:

* North America- U.S., Canada

* Europe- Russia, U.K., France, Germany, Italy

* Asia-Pacific- China, Japan, India, Australia

* Latin America- Brazil, Mexico

* Middle East & Africa- South Africa, Egypt, Saudi Arabia

The key players profiled in the market include:

* Merck KGaA

* Ultra International

* NOW Health Group

* Young Living Essential Oil

* Mighty International Company, ltd.

* Tropical Herbal Products Company, ltd.

* Thiptipa co., ltd

* Zingo Enterprise Co., ltd.

* Bio-Botanica, Inc.

* Aromaaz International

* Parchem fine & specialty chemicals

* Kshipra Biotech Private Limited

* Herbo Nutra

* Green Heaven India

* Phyto Herbal

* Nisarg Life Sciences Private Limited

* Navchetana Kendra

* Apex Biotechnol

These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their business across the globe.

Key Benefits of the Report:

* Global, regional, country, source, end users, and application market size and their forecast from 2014-2025

* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market

* Detailed analysis on industry outlook with market specific Porter's Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies

* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points

* Analysis on Key players' strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market

* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors' short term and long term strategies

* Detailed insights on emerging regions, sources, end users, and applications with qualitative and quantitative information and facts

* Identification of the key patents filed in the field of Angelica Extract Market

Target Audience:

* Angelica Extract Manufacturer & Distributers

* Traders, Importers, and Exporters

* Raw Material Suppliers and Distributors

* Research and Consulting Firms

* Government and Research Organizations

* Associations and Industry Bodies

Research Methodology:

The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:

* Manufacturers

* Suppliers

* Distributors

* Raw Material Providers

* Government Body & Associations

* Research Institutes

Contact Us:

Ruwin Mendez

Vice President - Global Sales & Partner Relations

Orian Research Consultants

US: +1 (832) 380-8827 | UK: +44 0161-818-8027

Email: info@orianresearch.com

Website: www.orianresearch.com/

About Us:

Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

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