Press release
Siler Extract Market to Reach USD 2.66 Bn by 2029, emerging at a CAGR of 4.1 percent and forecast 2023-2029
Siler Extract Market
The report employs a rigorous research methodology, incorporating primary and secondary research techniques to gather comprehensive data and insights into the Siler Extract Market.
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What are Siler Extract Market Dynamics:
A report by the Indian Journal of Pharmaceutical Science published in 2018 states that Siler Extract holds the highest polyphenol and antioxidant content in the category of traditional Chinese medicines. This has resulted in increased use of Siler Extract to produce immune support medicines by mixing it with astragalus.
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Siler Extract Market Regional Insights:
Asia-Pacific: Dominating as the largest producer, Asia-Pacific accounts for over 40% of Siler Extract consumption and revenue, primarily driven by the widespread use of Siler Extract in household medicines.
North America: Witnessing a rise in demand for Siler Extract-based herbal medicines, North America experiences a 6% increase in sales, attributed to growing concerns regarding immunity and lockjaw.
Europe: Leading in organic herb-based cosmetics consumption, Europe sees a 2.3% rise in demand for Siler Extract, owing to its hydrating and nutritional properties.
South America: With a growth rate of 1-1.5% in the last six years, South America displays moderate growth due to preferences for local herbs, limiting Siler Extract Market expansion.
Middle East and Africa: Acting as intermediaries in Siler Extract trade, this region witnesses a 4.1% demand increase, despite limited domestic consumption.
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What is Siler Extract Market Segmentation:
by Form
Powder
Liquid
Capsule
Others
by Application
Pharmaceuticals
Herbal Medicine
Nutritional Supplement
Cosmetics
Others
by Distribution Channel
Supermarket
Specialty Store
Pharmacies
E-Commerce
Others
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Who are Siler Extract Market Key Players:
1. Hawaii Pharma
2. Hill Pharmaceuticals Co. Ltd.
3. Hunan Nutramax Inc.
4. Changsha Vigorous-Tech Co. Ltd.
5. Hunan-Sunshine Biotech Co. Ltd.
6. Shaanxi Xinya Biotechnology Co. Ltd.
7. Shenzhen Sungening Bio-Tech Co. Ltd.
8. Changsha Realwin Bio-Tech Co. Ltd.
9. Guangzhou Danjia Cosmetics Co. Ltd.
10. Xiamen Tak Lun Biological Pharmacy Co. Ltd.
11. Guangxi P & P Trading Co. Ltd.
12. Bawang Co. Ltd.
13. SR3D International Holdings Corp.
14. Dronania Pharmaceuticals GmbH
15. Green Island International TCM Group Ltd
Table of content for the Siler Extract Market includes:
Global Siler Extract Market: Research Methodology
Global Siler Extract Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Siler Extract Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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