Press release
Tongkat Ali Extract Market Demand & Growth, Latest-Application, Business Opportunities by Top Key Service Provider 2024
𝐀𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐚 𝐫𝐞𝐜𝐞𝐧𝐭 𝐫𝐞𝐩𝐨𝐫𝐭 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, "𝐓𝐨𝐧𝐠𝐤𝐚𝐭 𝐀𝐥𝐢 𝐄𝐱𝐭𝐫𝐚𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐓𝐲𝐩𝐞 (𝐏𝐨𝐰𝐝𝐞𝐫, 𝐓𝐚𝐛𝐥𝐞𝐭𝐬, 𝐂𝐚𝐩𝐬𝐮𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐋𝐢𝐪𝐮𝐢𝐝), 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥, 𝐑𝐞𝐠𝐢𝐨𝐧 - 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟑𝟐", 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐟𝐨𝐫 𝐓𝐨𝐧𝐠𝐚𝐭 𝐀𝐥𝐢 𝐞𝐱𝐭𝐫𝐚𝐜𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟕𝟔.𝟑𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 𝟏𝟏𝟗.𝟑𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟓.𝟏% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝, 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟐.𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐨𝐧𝐠𝐤𝐚𝐭 𝐀𝐥𝐢 𝐄𝐱𝐭𝐫𝐚𝐜𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/tongkat-ali-extract-market/request-for-sample
The market for Tongkat Ali is primarily fueled by the widespread use of the product in the treatment of various types of health conditions. Besides, the surging prevalence of herbal drugs among consumers over conventional pharmaceuticals is anticipated to boost the expansion of the market over the forecast period.
Tongkat Ali, also known as longifolia, is a flowering plant in the family Simaroubaceae. As a medium-sized, slender shrub, the plant is native to Indonesia, Vietnam, Thailand, and other Southeast Asian countries. The root and liquid extract of Tongkat Ali has long been used as an herbal medicine for several reasons. The purported health benefits of Tongkat Ali likely stem from the various compounds present in the plant. Specifically, it consists of alkaloids, flavonoids, and other compounds that act as antioxidants. The extract is available in several forms, including powder, tablets, capsules, and liquid. Tongkat Ali finds applications in the treatment of several ailments. These include erectile dysfunction, fevers, and bacterial infections.
𝐂𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐁𝐞𝐥𝐨𝐰 𝐋𝐢𝐧𝐤 𝐭𝐨 𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/buy/3758/2
𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬
The market for Tongkat Ali extract is fragmented. The key industry participants are adopting several business strategies, such as acquisitions, mergers, and partnerships, to expand their market reach and customer base. Some of the top players operating in the market are:
Akarali
Beton Nutrition Corporation
LJack Sdn Bhd
Nutra Green Biotechnology Co. Ltd.
Naturalin Bio-Resources Co., Ltd
Xian Tonking Biotech
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
The tongkat ali extract market segmentation is primarily based on type, application, distribution channel, and region.
By type analysis, the powder segment accounted for the largest market share owing to its potential to improve aesthetic performance and overall vitality.
By application analysis, the supplement segment witnessed a significant market share, fueled by increased demand for herbal and natural supplements.
𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 :
https://www.polarismarketresearch.com/industry-analysis/tongkat-ali-extract-market
𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 :
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. Australia, South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐎𝐟 𝐏𝐌𝐑:
https://www.openpr.com/news/3546032/lobster-market-to-reach-usd-17-07-billion-by-2032-cagr-of-9-13
https://www.openpr.com/news/3546076/dive-into-growth-wheat-germ-oil-market-poised-to-reach-usd
https://www.openpr.com/news/3548138/global-dextrose-market-expected-to-reach-usd-12-77-billion
https://www.openpr.com/news/3547910/mood-support-supplements-market-developments-leading-to-usd
https://www.openpr.com/news/3547893/u-s-food-preservatives-market-trajectory-usd-970-41
Contact Us:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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