Global Salvia Miltiorrhiza Extracts (Danshen) Market Overview

Salvia Miltiorrhiza Extracts (Danshen) Market size is expected to grow from USD 54.15 Million in 2023 to USD 145.4 Million by 2032, at a CAGR of 11.6 % during the forecast period (2024-2032).

  • Salvia miltiorrhiza, referred to as Danshen in Chinese, is a traditional Chinese medicinal herb. Radix et rhizoma Salviae miltiorrhizae (Danshen, from Salvia miltiorrhiza Bunge, Lamiaceae) has been utilized commonly as a traditional Chinese medicine in many Asian economies such as China, Japan, and Korea. Danshen is the dried root of S. miltiorrhiza (Labiatae) and is one of the most flexible Chinese herbal drugs, sometimes described as Chinese sage or red sage root. Additionally, based on traditional Chinese medicine theory, Danshen has the properties of eliminating blood stasis and encouraging blood circulation, clearing menstruation, and mitigating pain and swelling. The common medical indications for Danshen such as cardiovascular diseases, menstrual disorders, chronic pain, and thoracic obstruction. For instance, more than thirty clinical studies associated with the application of Danshen to treat several cardiovascular diseases have been conducted, and they have shown promising evidence for boosting the clinical symptoms.
  • Moreover, some scientists study other potential medical indications of Danshen including diabetes (Jia et al., 2019), stroke, and cancer. The species is known well concerning its chemistry. So far, more than 40 abietane diterpenes (tanshinones) and 50 phenolic acids (salvianolic acids) have been determined. These are crucial for understanding the botanical drug's pharmacological activity. In addition, the variability of Danshen material prima accessible on the markets complicates attempts for consistent quality control. Historically, the cultivation and manufacturing of Danshen were limited to Shandong, Henan, Hubei, and Sichuan. Moreover, the growth of the Salvia Miltiorrhiza (Danshen) Extracts market is being turned by the growing pharmaceutical sector over the world. Additionally, products based on herbal extract are gaining momentum in the Salvia Miltiorrhiza (Danshen) Extracts market, as the consumer is cuddling the switch from conventional products towards herbal products.

COVID-19 Impact on Salvia Miltiorrhiza (Danshen) Extracts Market

  • The COVID-19 pandemic had significantly influenced almost all industries over the globe. This pandemic has resulted in mass production shutdowns and supply chain interruptions, which has also influenced the economy. In the current scenario, it has become important to improve the immunity to fight coronavirus, along with keeping hygiene and following all medical advisories that have been laid down. Even the guidelines issued by World Health Organization (WHO) in its COVID-19 analysis suggest the world population consumes immunity-enhancing foods. therefore, the demand for medicinal herbal plant extracts carrying properties of improving human immunity is at the surge in the pharmaceuticals & nutraceuticals industry which is expected to grow the Salvia Miltiorrhiza (Danshen) Extracts market in the upcoming years. The worldwide lockdown, nevertheless, has also influenced farming practices, which has highly impacted the supply of raw materials of Salvia Miltiorrhiza (Danshen) Extracts. The COVID-19 impact on logistics also contributes to the increased prices of raw materials, which improves the cost for medicinal plant extracts producers. With obstacles to cross-border transportation of commodities in this pandemic situation, producers are highly dependent on local raw material suppliers, which raises the bargaining power of suppliers. Therefore, the increased raw material prices, followed by high demand for medicinal plant extracts, would lead to an increased price of Salvia Miltiorrhiza (Danshen) Extract for the next few years.

Market Dynamics And Factors For Salvia Miltiorrhiza (Danshen) Extracts Market

Drivers:

  • The global utilization of Salvia Miltiorrhiza (Danshen) extracts is on the growth owing to the increase in popularity of substitutes medicine in the prevention and treatment of cardiovascular diseases, cerebrovascular diseases, and pharmacological activities includes anti-cancer, anti-inflammatory, antimicrobial, antivirus, and antioxidant. Additionally, the Salvia Miltiorrhiza (Danshen) extracts find application in the treatment of bronchitis, blood circulation problems, and high cholesterol. In the recent period, there is significant growth in awareness about the medicinal benefits of Salvia Miltiorrhiza (Danshen) extracts. As a result, the global Salvia Miltiorrhiza (Danshen) extracts market is slated to show an upward graph of sales during the forecast period.
  • Furthermore, growing the application of Salvia Miltiorrhiza (Danshen) extracts in dietary supplements and cosmetics is probably to improve sales in the global market for Salvia Miltiorrhiza (Danshen) extracts. This aside, the global Salvia Miltiorrhiza (Danshen) extracts market is projected to grow on the back of increased demand for botanicals extracted from conventional medicines. In addition to this, growing demand for natural ingredients in all global locations will turn demand opportunities in the market for salvia miltiorrhiza extract over the forecast period.

Restraints:

  • Cultivation and processing stages are considered key to the quality of herbal medicine in the supply chain. However, several cases of contamination and adulteration in herbal medicine were reported. Different economies have set the limitation level of heavy metals, mycotoxins, and pesticides. The presence of contamination in medicinal plants depends on the soil, water, and air and the contamination resulting from industrial wastes, mining, applications of synthetic pesticides and fertilizers and inappropriate or unhygienic storage are leading the restraining factor for the Salvia miltiorrhiza (Danshen) extracts market. Furthermore, inadequate clinical studies on the medicinal properties and side effects such as herb-drug interactions, itchiness dizziness, and others are anticipated to hamper the growth of the Salvia miltiorrhiza (Danshen) extracts market during the forecast period.

Opportunities:

  • TCM (Traditional Chinese Medicine) has drawn international attention, and its growing popularity is opening an innovative market and producing new business opportunities for the Salvia Miltiorrhiza (Danshen) Extracts. Furthermore, TCM entered the European market in the 1970s, and as per the report, 5% of patients had utilized TCM before, and 48% of those responders used it within two years. Similarly, there are anticipated to create lucrative opportunities for the Salvia Miltiorrhiza (Danshen) Extracts market in the developed and developing region in the upcoming years.

Market Segmentation

Global Salvia Miltiorrhiza Extracts Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;

Segmentation Analysis of Salvia Miltiorrhiza (Danshen) Extracts Market:

  • Based on the Nature of the product Salvia miltiorrhiza (Danshen) extracts are classified into organic and conventional. The organic Salvia miltiorrhiza (Danshen) extracts is expected to draw significant attention among health-conscious consumer in emerged markets and salvia miltiorrhiza (Danshen) was especially rich in salvianolic acid and may, hence be considered as a natural source of these commercially important antioxidants subsequently play as a turning factor for the Salvia miltiorrhiza (Danshen) extracts market growth globally.
  • Based on the Form, Salvia Miltiorrhiza (Danshen) Extracts market is classified into liquid extract and powder extract. The powder extract segment is anticipated to expand a steady increase in market demand attributed to its diversity in utilization.
  • Based on the Application, the pharmaceutical segment is expected to dominate the market during the forecast period. This growth is owing to rising consciousness among the people related to bacterial resistance toward allopathic medicines. As a result of the growing incidents of illnesses owing to stressful and busy lifestyles, consumers are demanding functional food and supplements for regular consumption. In addition, growing pharmacological activities of Salvia miltiorrhiza such as Anticancer, Anti-inflammatory, Antimicrobial, Antivirus, Antioxidant are helped to boost the segment of the Salvia Miltiorrhiza (Danshen) Extracts market during the forecast period.

Regional Analysis of Salvia Miltiorrhiza (Danshen) Extracts Market:

  • The Salvia Miltiorrhiza (Danshen) Extracts market growth within the Asia Pacific region is being encouraged by the flourishing consumer demand owing to the increased applications of the extract in traditional and herbal medicines and favorable geographic conditions for cultivation and its traditional utilization for medicinal purposes. The plant is indigenous to the countries within the region. In the Asia Pacific region, China represents one of the highest regional markets for the Salvia Miltiorrhiza (Danshen) extract industry.
  • North America and Europe are also developing as significant Salvia Miltiorrhiza (Danshen) extracts markets for the product, where the demand is growing owing to the rising health consciousness among consumers.

Players Covered in Salvia Miltiorrhiza Extracts Market are:

Global Salvia Miltiorrhiza (Danshen) Extracts Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 54.15 Mn.

Forecast Period 2022-28 CAGR:

11.6%

Market Size in 2032:

USD 145.4 Mn.

Segments Covered:

By Nature

  • Organic
  • Conventional

By Form

  • Liquid
  • Powder

By Application

  • Pharmaceuticals
  • Dietary Supplements
  • Cosmetics
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Demand for Prevention and Treatment of Various Diseases

Key Market Restraints:

  • The Presence of Contamination in Medicinal Plants

Key Opportunities:

  • Growing Popularity of TCM (Traditional Chinese Medicine)

Companies Covered in the report:

  • Kangdu Pharmaceutical Co.Ltd., Harmonic Arts Botanical Dispensary, Xi'an Gaoyuan Bio-Chem Co.Ltd., Xian Yuensun Biological Technology, Qingdao Dacon Trading, Ron Teeguarden Enterprises, and Other Major Players

Chapter 1: Introduction
ā€ƒ1.1 Research Objectives
ā€ƒ1.2 Research Methodology
ā€ƒ1.3 Research Process
ā€ƒ1.4 Scope and Coverage
ā€ƒā€ƒ1.4.1 Market Definition
ā€ƒā€ƒ1.4.2 Key Questions Answered
ā€ƒ1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
ā€ƒ3.1 By Nature
ā€ƒ3.2 By Form
ā€ƒ3.3 By Application

Chapter 4: Market Landscape
ā€ƒ4.1 Porter's Five Forces Analysis
ā€ƒā€ƒ4.1.1 Bargaining Power of Supplier
ā€ƒā€ƒ4.1.2 Threat of New Entrants
ā€ƒā€ƒ4.1.3 Threat of Substitutes
ā€ƒā€ƒ4.1.4 Competitive Rivalry
ā€ƒā€ƒ4.1.5 Bargaining Power Among Buyers
ā€ƒ4.2 Industry Value Chain Analysis
ā€ƒ4.3 Market Dynamics
ā€ƒā€ƒ4.3.1 Drivers
ā€ƒā€ƒ4.3.2 Restraints
ā€ƒā€ƒ4.3.3 Opportunities
ā€ƒā€ƒ4.5.4 Challenges
ā€ƒ4.4 Pestle Analysis
ā€ƒ4.5 Technological Roadmap
ā€ƒ4.6 Regulatory Landscape
ā€ƒ4.7 SWOT Analysis
ā€ƒ4.8 Price Trend Analysis
ā€ƒ4.9 Patent Analysis
ā€ƒ4.10 Analysis of the Impact of Covid-19
ā€ƒā€ƒ4.10.1 Impact on the Overall Market
ā€ƒā€ƒ4.10.2 Impact on the Supply Chain
ā€ƒā€ƒ4.10.3 Impact on the Key Manufacturers
ā€ƒā€ƒ4.10.4 Impact on the Pricing

Chapter 5: Salvia Miltiorrhiza (Danshen) Extracts Market by Nature
ā€ƒ5.1 Salvia Miltiorrhiza (Danshen) Extracts Market Overview Snapshot and Growth Engine
ā€ƒ5.2 Salvia Miltiorrhiza (Danshen) Extracts Market Overview
ā€ƒ5.3 Organic
ā€ƒā€ƒ5.3.1 Introduction and Market Overview
ā€ƒā€ƒ5.3.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ5.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.3.4 Organic: Grographic Segmentation
ā€ƒ5.4 Conventional
ā€ƒā€ƒ5.4.1 Introduction and Market Overview
ā€ƒā€ƒ5.4.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ5.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.4.4 Conventional: Grographic Segmentation

Chapter 6: Salvia Miltiorrhiza (Danshen) Extracts Market by Form
ā€ƒ6.1 Salvia Miltiorrhiza (Danshen) Extracts Market Overview Snapshot and Growth Engine
ā€ƒ6.2 Salvia Miltiorrhiza (Danshen) Extracts Market Overview
ā€ƒ6.3 Liquid
ā€ƒā€ƒ6.3.1 Introduction and Market Overview
ā€ƒā€ƒ6.3.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ6.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.3.4 Liquid: Grographic Segmentation
ā€ƒ6.4 Powder
ā€ƒā€ƒ6.4.1 Introduction and Market Overview
ā€ƒā€ƒ6.4.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ6.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.4.4 Powder: Grographic Segmentation

Chapter 7: Salvia Miltiorrhiza (Danshen) Extracts Market by Application
ā€ƒ7.1 Salvia Miltiorrhiza (Danshen) Extracts Market Overview Snapshot and Growth Engine
ā€ƒ7.2 Salvia Miltiorrhiza (Danshen) Extracts Market Overview
ā€ƒ7.3 Pharmaceuticals
ā€ƒā€ƒ7.3.1 Introduction and Market Overview
ā€ƒā€ƒ7.3.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ7.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.3.4 Pharmaceuticals: Grographic Segmentation
ā€ƒ7.4 Dietary Supplements
ā€ƒā€ƒ7.4.1 Introduction and Market Overview
ā€ƒā€ƒ7.4.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ7.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.4.4 Dietary Supplements: Grographic Segmentation
ā€ƒ7.5 Cosmetics
ā€ƒā€ƒ7.5.1 Introduction and Market Overview
ā€ƒā€ƒ7.5.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ7.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.5.4 Cosmetics: Grographic Segmentation
ā€ƒ7.6 Others
ā€ƒā€ƒ7.6.1 Introduction and Market Overview
ā€ƒā€ƒ7.6.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ7.6.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ7.6.4 Others: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
ā€ƒ8.1 Competitive Landscape
ā€ƒā€ƒ8.1.1 Competitive Positioning
ā€ƒā€ƒ8.1.2 Salvia Miltiorrhiza (Danshen) Extracts Sales and Market Share By Players
ā€ƒā€ƒ8.1.3 Industry BCG Matrix
ā€ƒā€ƒ8.1.4 Ansoff Matrix
ā€ƒā€ƒ8.1.5 Salvia Miltiorrhiza (Danshen) Extracts Industry Concentration Ratio (CR5 and HHI)
ā€ƒā€ƒ8.1.6 Top 5 Salvia Miltiorrhiza (Danshen) Extracts Players Market Share
ā€ƒā€ƒ8.1.7 Mergers and Acquisitions
ā€ƒā€ƒ8.1.8 Business Strategies By Top Players
ā€ƒ8.2 KANGDU PHARMACEUTICAL CO.LTD.
ā€ƒā€ƒ8.2.1 Company Overview
ā€ƒā€ƒ8.2.2 Key Executives
ā€ƒā€ƒ8.2.3 Company Snapshot
ā€ƒā€ƒ8.2.4 Operating Business Segments
ā€ƒā€ƒ8.2.5 Product Portfolio
ā€ƒā€ƒ8.2.6 Business Performance
ā€ƒā€ƒ8.2.7 Key Strategic Moves and Recent Developments
ā€ƒā€ƒ8.2.8 SWOT Analysis
ā€ƒ8.3 HARMONIC ARTS BOTANICAL DISPENSARY
ā€ƒ8.4 XI'AN GAOYUAN BIO-CHEM CO.LTD.
ā€ƒ8.5 XIAN YUENSUN BIOLOGICAL TECHNOLOGY
ā€ƒ8.6 QINGDAO DACON TRADING
ā€ƒ8.7 RON TEEGUARDEN ENTERPRISES
ā€ƒ8.8 CHANGSHA ORGANIC HERB
ā€ƒ8.9 HAWAII PHARM LLC
ā€ƒ8.10 ORGANICWAY
ā€ƒ8.11 WINCOBEL CHEMICAL CO.LTD
ā€ƒ8.12 OTHER MAJOR PLAYERS

Chapter 9: Global Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ9.1 Market Overview
ā€ƒ9.2 Historic and Forecasted Market Size By Nature
ā€ƒā€ƒ9.2.1 Organic
ā€ƒā€ƒ9.2.2 Conventional
ā€ƒ9.3 Historic and Forecasted Market Size By Form
ā€ƒā€ƒ9.3.1 Liquid
ā€ƒā€ƒ9.3.2 Powder
ā€ƒ9.4 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ9.4.1 Pharmaceuticals
ā€ƒā€ƒ9.4.2 Dietary Supplements
ā€ƒā€ƒ9.4.3 Cosmetics
ā€ƒā€ƒ9.4.4 Others

Chapter 10: North America Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ10.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.2 Impact of Covid-19
ā€ƒ10.3 Key Players
ā€ƒ10.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.4 Historic and Forecasted Market Size By Nature
ā€ƒā€ƒ10.4.1 Organic
ā€ƒā€ƒ10.4.2 Conventional
ā€ƒ10.5 Historic and Forecasted Market Size By Form
ā€ƒā€ƒ10.5.1 Liquid
ā€ƒā€ƒ10.5.2 Powder
ā€ƒ10.6 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ10.6.1 Pharmaceuticals
ā€ƒā€ƒ10.6.2 Dietary Supplements
ā€ƒā€ƒ10.6.3 Cosmetics
ā€ƒā€ƒ10.6.4 Others
ā€ƒ10.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ10.7.1 U.S.
ā€ƒā€ƒ10.7.2 Canada
ā€ƒā€ƒ10.7.3 Mexico

Chapter 11: Europe Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ11.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.2 Impact of Covid-19
ā€ƒ11.3 Key Players
ā€ƒ11.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.4 Historic and Forecasted Market Size By Nature
ā€ƒā€ƒ11.4.1 Organic
ā€ƒā€ƒ11.4.2 Conventional
ā€ƒ11.5 Historic and Forecasted Market Size By Form
ā€ƒā€ƒ11.5.1 Liquid
ā€ƒā€ƒ11.5.2 Powder
ā€ƒ11.6 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ11.6.1 Pharmaceuticals
ā€ƒā€ƒ11.6.2 Dietary Supplements
ā€ƒā€ƒ11.6.3 Cosmetics
ā€ƒā€ƒ11.6.4 Others
ā€ƒ11.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ11.7.1 Germany
ā€ƒā€ƒ11.7.2 U.K.
ā€ƒā€ƒ11.7.3 France
ā€ƒā€ƒ11.7.4 Italy
ā€ƒā€ƒ11.7.5 Russia
ā€ƒā€ƒ11.7.6 Spain
ā€ƒā€ƒ11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ12.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.2 Impact of Covid-19
ā€ƒ12.3 Key Players
ā€ƒ12.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.4 Historic and Forecasted Market Size By Nature
ā€ƒā€ƒ12.4.1 Organic
ā€ƒā€ƒ12.4.2 Conventional
ā€ƒ12.5 Historic and Forecasted Market Size By Form
ā€ƒā€ƒ12.5.1 Liquid
ā€ƒā€ƒ12.5.2 Powder
ā€ƒ12.6 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ12.6.1 Pharmaceuticals
ā€ƒā€ƒ12.6.2 Dietary Supplements
ā€ƒā€ƒ12.6.3 Cosmetics
ā€ƒā€ƒ12.6.4 Others
ā€ƒ12.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ12.7.1 China
ā€ƒā€ƒ12.7.2 India
ā€ƒā€ƒ12.7.3 Japan
ā€ƒā€ƒ12.7.4 Singapore
ā€ƒā€ƒ12.7.5 Australia
ā€ƒā€ƒ12.7.6 New Zealand
ā€ƒā€ƒ12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ13.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.2 Impact of Covid-19
ā€ƒ13.3 Key Players
ā€ƒ13.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.4 Historic and Forecasted Market Size By Nature
ā€ƒā€ƒ13.4.1 Organic
ā€ƒā€ƒ13.4.2 Conventional
ā€ƒ13.5 Historic and Forecasted Market Size By Form
ā€ƒā€ƒ13.5.1 Liquid
ā€ƒā€ƒ13.5.2 Powder
ā€ƒ13.6 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ13.6.1 Pharmaceuticals
ā€ƒā€ƒ13.6.2 Dietary Supplements
ā€ƒā€ƒ13.6.3 Cosmetics
ā€ƒā€ƒ13.6.4 Others
ā€ƒ13.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ13.7.1 Turkey
ā€ƒā€ƒ13.7.2 Saudi Arabia
ā€ƒā€ƒ13.7.3 Iran
ā€ƒā€ƒ13.7.4 UAE
ā€ƒā€ƒ13.7.5 Africa
ā€ƒā€ƒ13.7.6 Rest of MEA

Chapter 14: South America Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā€ƒ14.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.2 Impact of Covid-19
ā€ƒ14.3 Key Players
ā€ƒ14.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ14.4 Historic and Forecasted Market Size By Nature
ā€ƒā€ƒ14.4.1 Organic
ā€ƒā€ƒ14.4.2 Conventional
ā€ƒ14.5 Historic and Forecasted Market Size By Form
ā€ƒā€ƒ14.5.1 Liquid
ā€ƒā€ƒ14.5.2 Powder
ā€ƒ14.6 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ14.6.1 Pharmaceuticals
ā€ƒā€ƒ14.6.2 Dietary Supplements
ā€ƒā€ƒ14.6.3 Cosmetics
ā€ƒā€ƒ14.6.4 Others
ā€ƒ14.7 Historic and Forecast Market Size by Country
ā€ƒā€ƒ14.7.1 Brazil
ā€ƒā€ƒ14.7.2 Argentina
ā€ƒā€ƒ14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Global Salvia Miltiorrhiza (Danshen) Extracts Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 54.15 Mn.

Forecast Period 2022-28 CAGR:

11.6%

Market Size in 2032:

USD 145.4 Mn.

Segments Covered:

By Nature

  • Organic
  • Conventional

By Form

  • Liquid
  • Powder

By Application

  • Pharmaceuticals
  • Dietary Supplements
  • Cosmetics
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Demand for Prevention and Treatment of Various Diseases

Key Market Restraints:

  • The Presence of Contamination in Medicinal Plants

Key Opportunities:

  • Growing Popularity of TCM (Traditional Chinese Medicine)

Companies Covered in the report:

  • Kangdu Pharmaceutical Co.Ltd., Harmonic Arts Botanical Dispensary, Xi'an Gaoyuan Bio-Chem Co.Ltd., Xian Yuensun Biological Technology, Qingdao Dacon Trading, Ron Teeguarden Enterprises, and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET COMPETITIVE RIVALRY
TABLE 005. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET THREAT OF NEW ENTRANTS
TABLE 006. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET THREAT OF SUBSTITUTES
TABLE 007. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET BY NATURE
TABLE 008. ORGANIC MARKET OVERVIEW (2016-2028)
TABLE 009. CONVENTIONAL MARKET OVERVIEW (2016-2028)
TABLE 010. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET BY FORM
TABLE 011. LIQUID MARKET OVERVIEW (2016-2028)
TABLE 012. POWDER MARKET OVERVIEW (2016-2028)
TABLE 013. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET BY APPLICATION
TABLE 014. PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
TABLE 015. DIETARY SUPPLEMENTS MARKET OVERVIEW (2016-2028)
TABLE 016. COSMETICS MARKET OVERVIEW (2016-2028)
TABLE 017. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY NATURE (2016-2028)
TABLE 019. NORTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY FORM (2016-2028)
TABLE 020. NORTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY APPLICATION (2016-2028)
TABLE 021. N SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY COUNTRY (2016-2028)
TABLE 022. EUROPE SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY NATURE (2016-2028)
TABLE 023. EUROPE SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY FORM (2016-2028)
TABLE 024. EUROPE SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY APPLICATION (2016-2028)
TABLE 025. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY COUNTRY (2016-2028)
TABLE 026. ASIA PACIFIC SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY NATURE (2016-2028)
TABLE 027. ASIA PACIFIC SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY FORM (2016-2028)
TABLE 028. ASIA PACIFIC SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY APPLICATION (2016-2028)
TABLE 029. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY COUNTRY (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY NATURE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY FORM (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY APPLICATION (2016-2028)
TABLE 033. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY COUNTRY (2016-2028)
TABLE 034. SOUTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY NATURE (2016-2028)
TABLE 035. SOUTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY FORM (2016-2028)
TABLE 036. SOUTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY APPLICATION (2016-2028)
TABLE 037. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET, BY COUNTRY (2016-2028)
TABLE 038. KANGDU PHARMACEUTICAL CO.LTD.: SNAPSHOT
TABLE 039. KANGDU PHARMACEUTICAL CO.LTD.: BUSINESS PERFORMANCE
TABLE 040. KANGDU PHARMACEUTICAL CO.LTD.: PRODUCT PORTFOLIO
TABLE 041. KANGDU PHARMACEUTICAL CO.LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. HARMONIC ARTS BOTANICAL DISPENSARY: SNAPSHOT
TABLE 042. HARMONIC ARTS BOTANICAL DISPENSARY: BUSINESS PERFORMANCE
TABLE 043. HARMONIC ARTS BOTANICAL DISPENSARY: PRODUCT PORTFOLIO
TABLE 044. HARMONIC ARTS BOTANICAL DISPENSARY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. XI'AN GAOYUAN BIO-CHEM CO.LTD.: SNAPSHOT
TABLE 045. XI'AN GAOYUAN BIO-CHEM CO.LTD.: BUSINESS PERFORMANCE
TABLE 046. XI'AN GAOYUAN BIO-CHEM CO.LTD.: PRODUCT PORTFOLIO
TABLE 047. XI'AN GAOYUAN BIO-CHEM CO.LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. XIAN YUENSUN BIOLOGICAL TECHNOLOGY: SNAPSHOT
TABLE 048. XIAN YUENSUN BIOLOGICAL TECHNOLOGY: BUSINESS PERFORMANCE
TABLE 049. XIAN YUENSUN BIOLOGICAL TECHNOLOGY: PRODUCT PORTFOLIO
TABLE 050. XIAN YUENSUN BIOLOGICAL TECHNOLOGY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. QINGDAO DACON TRADING: SNAPSHOT
TABLE 051. QINGDAO DACON TRADING: BUSINESS PERFORMANCE
TABLE 052. QINGDAO DACON TRADING: PRODUCT PORTFOLIO
TABLE 053. QINGDAO DACON TRADING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. RON TEEGUARDEN ENTERPRISES: SNAPSHOT
TABLE 054. RON TEEGUARDEN ENTERPRISES: BUSINESS PERFORMANCE
TABLE 055. RON TEEGUARDEN ENTERPRISES: PRODUCT PORTFOLIO
TABLE 056. RON TEEGUARDEN ENTERPRISES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. CHANGSHA ORGANIC HERB: SNAPSHOT
TABLE 057. CHANGSHA ORGANIC HERB: BUSINESS PERFORMANCE
TABLE 058. CHANGSHA ORGANIC HERB: PRODUCT PORTFOLIO
TABLE 059. CHANGSHA ORGANIC HERB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. HAWAII PHARM LLC: SNAPSHOT
TABLE 060. HAWAII PHARM LLC: BUSINESS PERFORMANCE
TABLE 061. HAWAII PHARM LLC: PRODUCT PORTFOLIO
TABLE 062. HAWAII PHARM LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. ORGANICWAY: SNAPSHOT
TABLE 063. ORGANICWAY: BUSINESS PERFORMANCE
TABLE 064. ORGANICWAY: PRODUCT PORTFOLIO
TABLE 065. ORGANICWAY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. WINCOBEL CHEMICAL CO.LTD: SNAPSHOT
TABLE 066. WINCOBEL CHEMICAL CO.LTD: BUSINESS PERFORMANCE
TABLE 067. WINCOBEL CHEMICAL CO.LTD: PRODUCT PORTFOLIO
TABLE 068. WINCOBEL CHEMICAL CO.LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 069. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 070. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 071. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY NATURE
FIGURE 012. ORGANIC MARKET OVERVIEW (2016-2028)
FIGURE 013. CONVENTIONAL MARKET OVERVIEW (2016-2028)
FIGURE 014. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY FORM
FIGURE 015. LIQUID MARKET OVERVIEW (2016-2028)
FIGURE 016. POWDER MARKET OVERVIEW (2016-2028)
FIGURE 017. SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY APPLICATION
FIGURE 018. PHARMACEUTICALS MARKET OVERVIEW (2016-2028)
FIGURE 019. DIETARY SUPPLEMENTS MARKET OVERVIEW (2016-2028)
FIGURE 020. COSMETICS MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA SALVIA MILTIORRHIZA (DANSHEN) EXTRACTS MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Salvia Miltiorrhiza (Danshen) Extracts Market research report?

The forecast period in the Salvia Miltiorrhiza (Danshen) Extracts Market research report is 2024-2032

Who are the key players in Salvia Miltiorrhiza (Danshen) Extracts Market?

Kangdu Pharmaceutical Co.Ltd, Harmonic Arts Botanical Dispensary, Xi'an Gaoyuan Bio-Chem Co.Ltd, Xian Yuensun Biological Technology, Qingdao Dacon Trading, Ron Teeguarden Enterprises, and Other Major Players.

What are the segments of Salvia Miltiorrhiza (Danshen) Extracts Market?

Salvia Miltiorrhiza (Danshen) Extracts Market is segmented into Type, Form, Application and region. By Nature, the market is categorized into Organic, Conventional. By Form, the market is categorized into Liquid, Powder. By Application the market is categorized into Pharmaceuticals, Dietary Supplements, Cosmetics, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Salvia Miltiorrhiza (Danshen) Extracts Market?

Salvia miltiorrhiza, referred to as Danshen in Chinese, is a traditional Chinese medicinal herb. Radix et rhizoma Salviae miltiorrhizae (Danshen, from Salvia miltiorrhiza Bunge, Lamiaceae) has been utilized commonly as a traditional Chinese medicine in many Asian economies

How big is Salvia Miltiorrhiza (Danshen) Extracts Market?

Salvia Miltiorrhiza Extracts (Danshen) Market size is expected to grow from USD 54.15 Million in 2023 to USD 145.4 Million by 2032, at a CAGR of 11.6 % during the forecast period (2024-2032).