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Notoginseng Root Extract Market Overview 2018-2028: Forecast Market Size, Top Trends and Opportunities as Per the Business Research Company's - US$ 300 Mn Global Market Report 2028

02-28-2024 10:45 PM CET | Food & Beverage

Press release from: Transparency Market Research

Notoginseng Root Extract Market

Notoginseng Root Extract Market

Notoginseng root, often hailed as the "miracle root for preservation of life," has long been revered in traditional medicine for its myriad health benefits. In recent years, the spotlight has shifted towards notoginseng root extract, with researchers and industry experts delving into its functional properties beyond the realm of anti-aging. This article delves into the emerging trends and lucrative opportunities in the global notoginseng root extract market, shedding light on its diverse applications and market dynamics.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=64784

Key Players and Market Developments
Key players of Notoginseng Root Extract Market are NOW Foods, Imperial Elixir, Nature's Health, Nutra Champs, Puritan's Pride Ginseng Complex, Umeken Good Morning RG, Swanson Korean, The Garden of Natural Solution, and Marutaka Pulse Co., Ltd

Unlocking the Potential of Notoginseng Root Extract

The global market for notoginseng root extract witnessed revenues of approximately US$ 300 Mn in 2018, with steady growth projected in the coming years. Beyond traditional applications in anti-aging products, notoginseng root extract is gaining traction across various end-use segments driven by the prevailing health-conscious consumer sentiments.

Expanding Applications in Pharmaceuticals

Notoginseng root extract's pro-haemostatic activity has positioned it as a valuable ingredient in pharmaceutical formulations aimed at accelerating the blood clotting process. Moreover, its anti-inflammatory, neuroprotective, and vasodilatory properties present promising avenues for addressing a wide range of health conditions. Ongoing research is also exploring its potential role in managing excessive bleeding, opening up new avenues for therapeutic exploration.

China's Dominance and Shifting Import Trends

China has traditionally been a hub for notoginseng cultivation, with regions like Qujing and Kunming leading the production. However, stringent quality requirements are prompting producers to optimize growth environments and explore new cultivation areas such as Baise and Wenshan. Importers are also diversifying their sourcing strategies to ensure access to high-quality notoginseng root extract, with a focus on emerging pharmaceutical markets in Europe and North America.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ | ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ฅ๐ž ๐š๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=64784<ype=S
Competitive Landscape and Quality Focus

The market for notoginseng root extract is characterized by a few key players predominantly based in China. These manufacturers are capitalizing on the surging demand for high-quality extracts by targeting health supplement manufacturers and expanding into new regional markets. Quality evaluation methods are being deployed to measure the chemical composition of notoginseng root extract, enabling companies to identify innovative health benefits and explore opportunities in new end-use categories.

About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

Contact Us

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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