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.
Salvia Miltiorrhiza (Danshen) Extracts Market |
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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 |
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By Form |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Nature
ā3.2 By Form
ā3.3 By Application
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Salvia Miltiorrhiza (Danshen) Extracts Market by Nature
ā5.1 Salvia Miltiorrhiza (Danshen) Extracts Market Overview Snapshot and Growth Engine
ā5.2 Salvia Miltiorrhiza (Danshen) Extracts Market Overview
ā5.3 Organic
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2017-2032F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Organic: Grographic Segmentation
ā5.4 Conventional
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2017-2032F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 Conventional: Grographic Segmentation
Chapter 6: Salvia Miltiorrhiza (Danshen) Extracts Market by Form
ā6.1 Salvia Miltiorrhiza (Danshen) Extracts Market Overview Snapshot and Growth Engine
ā6.2 Salvia Miltiorrhiza (Danshen) Extracts Market Overview
ā6.3 Liquid
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2017-2032F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Liquid: Grographic Segmentation
ā6.4 Powder
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2017-2032F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Powder: Grographic Segmentation
Chapter 7: Salvia Miltiorrhiza (Danshen) Extracts Market by Application
ā7.1 Salvia Miltiorrhiza (Danshen) Extracts Market Overview Snapshot and Growth Engine
ā7.2 Salvia Miltiorrhiza (Danshen) Extracts Market Overview
ā7.3 Pharmaceuticals
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2017-2032F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 Pharmaceuticals: Grographic Segmentation
ā7.4 Dietary Supplements
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2017-2032F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 Dietary Supplements: Grographic Segmentation
ā7.5 Cosmetics
āā7.5.1 Introduction and Market Overview
āā7.5.2 Historic and Forecasted Market Size (2017-2032F)
āā7.5.3 Key Market Trends, Growth Factors and Opportunities
āā7.5.4 Cosmetics: Grographic Segmentation
ā7.6 Others
āā7.6.1 Introduction and Market Overview
āā7.6.2 Historic and Forecasted Market Size (2017-2032F)
āā7.6.3 Key Market Trends, Growth Factors and Opportunities
āā7.6.4 Others: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
ā8.1 Competitive Landscape
āā8.1.1 Competitive Positioning
āā8.1.2 Salvia Miltiorrhiza (Danshen) Extracts Sales and Market Share By Players
āā8.1.3 Industry BCG Matrix
āā8.1.4 Ansoff Matrix
āā8.1.5 Salvia Miltiorrhiza (Danshen) Extracts Industry Concentration Ratio (CR5 and HHI)
āā8.1.6 Top 5 Salvia Miltiorrhiza (Danshen) Extracts Players Market Share
āā8.1.7 Mergers and Acquisitions
āā8.1.8 Business Strategies By Top Players
ā8.2 KANGDU PHARMACEUTICAL CO.LTD.
āā8.2.1 Company Overview
āā8.2.2 Key Executives
āā8.2.3 Company Snapshot
āā8.2.4 Operating Business Segments
āā8.2.5 Product Portfolio
āā8.2.6 Business Performance
āā8.2.7 Key Strategic Moves and Recent Developments
āā8.2.8 SWOT Analysis
ā8.3 HARMONIC ARTS BOTANICAL DISPENSARY
ā8.4 XI'AN GAOYUAN BIO-CHEM CO.LTD.
ā8.5 XIAN YUENSUN BIOLOGICAL TECHNOLOGY
ā8.6 QINGDAO DACON TRADING
ā8.7 RON TEEGUARDEN ENTERPRISES
ā8.8 CHANGSHA ORGANIC HERB
ā8.9 HAWAII PHARM LLC
ā8.10 ORGANICWAY
ā8.11 WINCOBEL CHEMICAL CO.LTD
ā8.12 OTHER MAJOR PLAYERS
Chapter 9: Global Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā9.1 Market Overview
ā9.2 Historic and Forecasted Market Size By Nature
āā9.2.1 Organic
āā9.2.2 Conventional
ā9.3 Historic and Forecasted Market Size By Form
āā9.3.1 Liquid
āā9.3.2 Powder
ā9.4 Historic and Forecasted Market Size By Application
āā9.4.1 Pharmaceuticals
āā9.4.2 Dietary Supplements
āā9.4.3 Cosmetics
āā9.4.4 Others
Chapter 10: North America Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā10.1 Key Market Trends, Growth Factors and Opportunities
ā10.2 Impact of Covid-19
ā10.3 Key Players
ā10.4 Key Market Trends, Growth Factors and Opportunities
ā10.4 Historic and Forecasted Market Size By Nature
āā10.4.1 Organic
āā10.4.2 Conventional
ā10.5 Historic and Forecasted Market Size By Form
āā10.5.1 Liquid
āā10.5.2 Powder
ā10.6 Historic and Forecasted Market Size By Application
āā10.6.1 Pharmaceuticals
āā10.6.2 Dietary Supplements
āā10.6.3 Cosmetics
āā10.6.4 Others
ā10.7 Historic and Forecast Market Size by Country
āā10.7.1 U.S.
āā10.7.2 Canada
āā10.7.3 Mexico
Chapter 11: Europe Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Nature
āā11.4.1 Organic
āā11.4.2 Conventional
ā11.5 Historic and Forecasted Market Size By Form
āā11.5.1 Liquid
āā11.5.2 Powder
ā11.6 Historic and Forecasted Market Size By Application
āā11.6.1 Pharmaceuticals
āā11.6.2 Dietary Supplements
āā11.6.3 Cosmetics
āā11.6.4 Others
ā11.7 Historic and Forecast Market Size by Country
āā11.7.1 Germany
āā11.7.2 U.K.
āā11.7.3 France
āā11.7.4 Italy
āā11.7.5 Russia
āā11.7.6 Spain
āā11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Nature
āā12.4.1 Organic
āā12.4.2 Conventional
ā12.5 Historic and Forecasted Market Size By Form
āā12.5.1 Liquid
āā12.5.2 Powder
ā12.6 Historic and Forecasted Market Size By Application
āā12.6.1 Pharmaceuticals
āā12.6.2 Dietary Supplements
āā12.6.3 Cosmetics
āā12.6.4 Others
ā12.7 Historic and Forecast Market Size by Country
āā12.7.1 China
āā12.7.2 India
āā12.7.3 Japan
āā12.7.4 Singapore
āā12.7.5 Australia
āā12.7.6 New Zealand
āā12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Nature
āā13.4.1 Organic
āā13.4.2 Conventional
ā13.5 Historic and Forecasted Market Size By Form
āā13.5.1 Liquid
āā13.5.2 Powder
ā13.6 Historic and Forecasted Market Size By Application
āā13.6.1 Pharmaceuticals
āā13.6.2 Dietary Supplements
āā13.6.3 Cosmetics
āā13.6.4 Others
ā13.7 Historic and Forecast Market Size by Country
āā13.7.1 Turkey
āā13.7.2 Saudi Arabia
āā13.7.3 Iran
āā13.7.4 UAE
āā13.7.5 Africa
āā13.7.6 Rest of MEA
Chapter 14: South America Salvia Miltiorrhiza (Danshen) Extracts Market Analysis, Insights and Forecast, 2016-2028
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Nature
āā14.4.1 Organic
āā14.4.2 Conventional
ā14.5 Historic and Forecasted Market Size By Form
āā14.5.1 Liquid
āā14.5.2 Powder
ā14.6 Historic and Forecasted Market Size By Application
āā14.6.1 Pharmaceuticals
āā14.6.2 Dietary Supplements
āā14.6.3 Cosmetics
āā14.6.4 Others
ā14.7 Historic and Forecast Market Size by Country
āā14.7.1 Brazil
āā14.7.2 Argentina
āā14.7.3 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 |
|
|
By Form |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Salvia Miltiorrhiza (Danshen) Extracts Market research report is 2024-2032
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.
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.).
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
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).