Press release
What's driving the Echinacea Market Growth? | By key players Solgar, Gaia Herbs, Jarrow Formulas, Nature's Bounty, Now Foods
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Echinacea market share is significantly competitive and the key players operating in the market are Solgar, Gaia Herbs, Jarrow Formulas, Nature's Bounty, Now Foods, and Ancient Green Fields.
Growth will predominantly come from the Asia Pacific region over the forthcoming years. while Echinacea is native to North America, its demand is expanding across the APAC as consumers in the region are more inclined towards herbal and natural remedies for treating common ailments such as cold and cough. Additionally, increasing geriatric population, prevalence of several chronic conditions, increasing consumption of tobacco and alcohol, reduced physical activities, and rise in lifestyle diseases owing to the westernization of diets are some factors which are likely to drive APAC Echinacea market size.
Pharmaceutical, cosmetic, and livestock industries would continue to remain the key application avenues for the overall Echinacea industry. Echinacea has traditionally been used topically to protect the integrity of the skin from damage from outside elements. The herb is also known as a common remedy for psoriasis and eczema. Echinacea is considered an effective cosmetic ingredient in products that protect the skin owing to its ability to alleviate inflammation. The product's inherent properties are significantly helpful in cooling down skin inflammation.
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This report provides a detailed and comprehensive analysis on the Echinacea market, including:
o Echinacea market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026.
o Major Echinacea industry trends, technology evolution, economic indicators and business challenges.
o Regulatory and geopolitical trends impacting the industry.
o Business drivers and pitfalls impacting key regional markets.
o Competitive landscape of the industry and detailed profiles on the major companies.
Companies mentioned in the report include:
o Solgar.
o Gaia Herbs.
o Jarrow Formulas.
o Nature's Bounty.
o Now Foods.
o Ancient Green Fields.
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