Notoginseng Root Extract Market by Product, End User, Type, and Mode, Worldwide Forecast till 2028

Data Bridge Market Research analyses that the Global Notoginseng Root Extract Market will project a CAGR of 2.81% for the forecast period of 2021-2028.

Industry Analysis

Notoginseng is an herb that is used for blood and circulation associated conditions. One of the functions of notoginseng root extract is to control internal and external bleeding. Apart from that, notoginseng root extract is also used for applications such as cardiac health wellness, removal of the blood clot, and other blood-related diseases. Rb1, Rg1, Rd, Re, and Rb2 are the active ingredients present in notoginseng root extract. Notoginseng root extract can also be used as a combination with other herbs for their anti-inflammatory, immune-stimulatory, anti-fibrotic, neuro protective and other applications. Notoginseng root extracts possess both anti-haemostatic and pro-haemostatic properties and this are used for a wide range of chemical reactions.

Rising personal disposable income and increasing awareness about notoginseng root extracts are the major factors fostering the growth of notoginseng root extract market. Growing application of not ginseng extracts in the personal care sector is another important factor acting as a notoginseng root extract market growth determinant. High demand of food products with greater nutritional content and rising health awareness among people will further create lucrative growth opportunities for the notoginseng root extract market. Growth and expansion of e-commerce sector especially in the developing economies with an aim to increase the product penetration and consumer reach will induce growth in the notoginseng root extract market value. Changing lifestyle and increasing application of notoginseng root extracts in the pharmaceutical drugs will also induce growth in the demand for notoginseng root extract. Rising expenditure on research and development proficiencies will further propel growth in the notoginseng root extract market value.

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Global Notoginseng Root Extract Market Scope and Market Size

The notoginseng root extract market is segmented on the basis of form and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of form, the notoginseng root extract market is segmented into
• power
• Liquid.

On the basis of end use, the notoginseng root extract market is segmented into
• pharmaceuticals,
• cosmetics,
• health supplement products
• Others.

Competitive Landscape and Notoginseng Root Extract Market Share Analysis

The notoginseng root extract market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to notoginseng root extract market.

The major players covered in the notoginseng root extract market report are

• Merck KGaA,
• ortopchem.seekchem.com.,
• Biosynth Carbosynth.,
• Organik,
• NOW Foods,
• Ginco International,
• Global Therapeutics Pty Ltd,
• NATURE'S HEALTH,
• Puritan's Pride, Inc.,
• Umeken USA, Inc.,
• Schumacher Ginseng LLC,
• Swanson,
• Hsu's Ginseng Enterprises Inc.,
• The Garden of Naturalsolution,
• MARUTAKA PULSE CO. LTD,
• Organic Herb Inc.,
• KinGreen Bio-Engineering Technology Co., Ltd,
• Shanghai Sinoexpo Informa Markets International Exhibition Co. Ltd,
• Nanjing NutriHerb BioTech Co.,Ltd
• Xi′an Qingzhi Bio-Tech Co., Ltd
• Among other

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