Salvia Miltiorrhiza Extracts (Danshen) Market - Current Analysis

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:

• 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
• Changsha Organic Herb
• Hawaii Pharm LLC
• Organicway
• Wincobel Chemical Co.Ltd. and other major players.
• Xi'an Lyphar Biotech Co., Ltd.
• Shaanxi Huike Botanical Development Co., Ltd
• Martin Bauer Group
• Naturalin Bio-Resources Co., Ltd

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.