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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 extracts, also known as Danshen, are derived from the roots of the Salvia miltiorrhiza plant. Widely used in traditional Chinese medicine, they contain bioactive compounds like tanshinones and salvianolic acids, offering antioxidant, anti-inflammatory, and cardiovascular benefits.

  • The Salvia Miltiorrhiza extracts (Danshen) market is growing significantly, driven by its extensive use in traditional Chinese medicine (TCM) and modern pharmaceuticals. Danshen, derived from the root of Salvia Miltiorrhiza, is renowned for its cardiovascular and anti-inflammatory benefits, making it a popular ingredient in remedies for heart conditions, hypertension, and other chronic ailments. The rising interest in natural and plant-based medicines globally has further propelled the demand for these extracts, positioning Danshen as a critical component in both traditional and contemporary healthcare solutions.
  • The market is characterized by various applications, including dietary supplements, herbal medicines, and cosmetics. Increased research on the pharmacological properties of Danshen has led to the development of innovative products targeting broader health concerns such as oxidative stress and immune health. Moreover, the market benefits from strong demand across Asia-Pacific regions, particularly in China, where TCM continues to dominate healthcare practices
  • The stringent regulatory frameworks and supply chain issues due to overharvesting. Companies are investing in sustainable farming and extraction technologies to address these concerns, ensuring consistent quality and supply while maintaining the ecological balance essential for this valuable medicinal plant.

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:

Key Industry Developments in the Coffee Market:

  • In December 2023: A US-based dietary supplement company, NutraScience Labs, launched a new line of Danshen extract products targeting the growing demand for natural health supplements. This launch indicates increasing consumer interest in Danshen for its potential health benefits.
  • In May 2023: A Chinese herbal medicine company, Tasly Pharmaceutical Group, announced a $50 million investment in a new facility dedicated to the production of high-quality Danshen extracts. This investment signals growing confidence in the future potential of the Danshen extract market.

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

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
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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).