Market Overview:
The global andrographis extract market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for andrographis extract in food industry, increasing awareness about benefits of andrographis extract among consumers, and growing demand for healthy food products. However, the high price of andrographis extract may restrain the growth of this market during the forecast period. On the basis of type, Andrographolide 10%, Andrographolide 20%, Andrographolide 30%, Andrographolide 50%, Andorgapholis 98% are some major types ofandragrahpus extracts available in the global market. Among these types,Andorgapholis 98% is expected to witness highest growth rate duringthe forecast period owing to its high purity level.
Product Definition:
Andrographis extract is a natural product derived from the leaves of the andrographis plant. It has been used in traditional medicine for centuries to treat a variety of conditions, including infections, fever, and pain. Andrographis extract is now also being studied as a possible treatment for cancer.
Andrographolide 10%:
Andrographolide is a natural occurring flavonoid pigment. It is found in the roots of Andrographis paniculata and other species of Andrographis. The main function of andrographolide is to protect the plant from insects by producing an aroma that repels them. It also has some insecticidal properties, which help it to act as an anti-parasite as well as a repellent for them.
Andrographolide 20%:
Andrographolide 20% is a natural occurring flavone found in the leaves of Andrographis paniculata. It has been used traditionally in Ayurveda for treatment of cancer, arthritis and skin diseases. Recent studies have shown that it has anti-proliferative effects on human prostate cancer cells which may be due to its antioxidant properties or ability to inhibit cell growth.
Application Insights:
The global andrographis extract market has been segmented into healthy food, food industry, pharmaceutical and others. The healthy food application segment led the market in 2017. This is attributed to the growing demand for functional foods with medicinal properties that help maintain a balanced diet plan. Andrographis extract is widely used in medicines as well as cosmetics due to its antioxidant property that helps remove free radicals from the body systemically.
Regional Analysis:
Europe dominated the global andrographis extract market in terms of revenue share in 2017. The presence of stringent regulations about natural ingredients has led to an increase in demand for herbal products, which is expected to drive the regional market over the forecast period. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing awareness among consumers regarding health benefits associated with andrographis extracts. Moreover, rising disposable income levels will also contribute towards industry growth during this period.
The food processing sector plays a vital role in influencing consumer purchasing power as well as consumption patterns across developing economies such as China and India, thereby impacting overall industry dynamics positively. Furthermore, growing demand for meat substitutes due to changing dietary preferences coupled with rising awareness about animal welfare issues is likely boost product utilization across this region; hence driving industry expansion at a CAGR of XX% from 2018 until 2030 time frame).
Growth Factors:
- Increasing demand for natural and herbal remedies for various diseases is driving the growth of the andrographis extract market.
- The growing awareness about the health benefits of andrographis extract is also propelling the growth of this market.
- The increasing use of andrographis extract in traditional medicines is another key factor fuelling the growth of this market.
- The rising popularity of ayurveda and other forms of traditional medicine is also boosting demand for andrographis extract products worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Andrographis Extract Market Research Report
By Type
Andrographolide 10%, Andrographolide 20%, Andrographolide 30%, Andrographolide 50%, Andrographolide 98%
By Application
Food Industry, Healthy Food, Pharmaceutical
By Companies
Martin Bauer Group, Sabinsa, Bioprex, Gurjar Phytochem, Mother Herbs, Pure & Green, Guilin Layn Natural Ingredients, Changzhou Natural Pharmaceutical, Shaanxi Huike Botanical Development, Hunan Zhengdi Biological, Sichuan Hongyi, Xi’an Changyue Phytochemistry, Sichuan Zhonghong, Guilin Sanling Biotech, Shaanxi Tianrun, Changsha LuYuan Bio-Tech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Andrographis Extract Market Report Segments:
The global Andrographis Extract market is segmented on the basis of:
Types
Andrographolide 10%, Andrographolide 20%, Andrographolide 30%, Andrographolide 50%, Andrographolide 98%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Healthy Food, Pharmaceutical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Martin Bauer Group
- Sabinsa
- Bioprex
- Gurjar Phytochem
- Mother Herbs
- Pure & Green
- Guilin Layn Natural Ingredients
- Changzhou Natural Pharmaceutical
- Shaanxi Huike Botanical Development
- Hunan Zhengdi Biological
- Sichuan Hongyi
- Xi’an Changyue Phytochemistry
- Sichuan Zhonghong
- Guilin Sanling Biotech
- Shaanxi Tianrun
- Changsha LuYuan Bio-Tech
Highlights of The Andrographis Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Andrographolide 10%
- Andrographolide 20%
- Andrographolide 30%
- Andrographolide 50%
- Andrographolide 98%
- By Application:
- Food Industry
- Healthy Food
- Pharmaceutical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Andrographis Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Andrographis extract is a natural supplement derived from the Andrographis paniculata plant. It is used to improve overall health and well-being by supporting the body's natural detoxification processes.
Some of the major players in the andrographis extract market are Martin Bauer Group, Sabinsa, Bioprex, Gurjar Phytochem, Mother Herbs, Pure & Green, Guilin Layn Natural Ingredients, Changzhou Natural Pharmaceutical, Shaanxi Huike Botanical Development, Hunan Zhengdi Biological, Sichuan Hongyi, Xi¢â‚¬â„¢an Changyue Phytochemistry, Sichuan Zhonghong, Guilin Sanling Biotech, Shaanxi Tianrun, Changsha LuYuan Bio-Tech.
The andrographis extract market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Andrographis Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Andrographis Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Andrographis Extract Market - Supply Chain
4.5. Global Andrographis Extract Market Forecast
4.5.1. Andrographis Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Andrographis Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Andrographis Extract Market Absolute $ Opportunity
5. Global Andrographis Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Andrographis Extract Market Size and Volume Forecast by Type
5.3.1. Andrographolide 10%
5.3.2. Andrographolide 20%
5.3.3. Andrographolide 30%
5.3.4. Andrographolide 50%
5.3.5. Andrographolide 98%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Andrographis Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Andrographis Extract Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Healthy Food
6.3.3. Pharmaceutical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Andrographis Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Andrographis Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Andrographis Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Andrographis Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Andrographis Extract Demand Share Forecast, 2019-2026
9. North America Andrographis Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Andrographis Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Andrographis Extract Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Healthy Food
9.4.3. Pharmaceutical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Andrographis Extract Market Size and Volume Forecast by Type
9.7.1. Andrographolide 10%
9.7.2. Andrographolide 20%
9.7.3. Andrographolide 30%
9.7.4. Andrographolide 50%
9.7.5. Andrographolide 98%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Andrographis Extract Demand Share Forecast, 2019-2026
10. Latin America Andrographis Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Andrographis Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Andrographis Extract Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Healthy Food
10.4.3. Pharmaceutical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Andrographis Extract Market Size and Volume Forecast by Type
10.7.1. Andrographolide 10%
10.7.2. Andrographolide 20%
10.7.3. Andrographolide 30%
10.7.4. Andrographolide 50%
10.7.5. Andrographolide 98%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Andrographis Extract Demand Share Forecast, 2019-2026
11. Europe Andrographis Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Andrographis Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Andrographis Extract Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Healthy Food
11.4.3. Pharmaceutical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Andrographis Extract Market Size and Volume Forecast by Type
11.7.1. Andrographolide 10%
11.7.2. Andrographolide 20%
11.7.3. Andrographolide 30%
11.7.4. Andrographolide 50%
11.7.5. Andrographolide 98%
11.8. Basis Point Share (BPS) Analysis by Type
11.9 Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Andrographis Extract Demand Share, 2019-2026
12. Asia Pacific Andrographis Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Andrographis Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Andrographis Extract Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Healthy Food
12.4.3. Pharmaceutical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Andrographis Extract Market Size and Volume Forecast by Type
12.7.1. Andrographolide 10%
12.7.2. Andrographolide 20%
12.7.3. Andrographolide 30%
12.7.4. Andrographolide 50%
12.7.5. Andrographolide 98%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Andrographis Extract Demand Share, 2019-2026
13. Middle East & Africa Andrographis Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Andrographis Extract Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Andrographis Extract Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Healthy Food
13.4.3. Pharmaceutical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Andrographis Extract Market Size and Volume Forecast by Type
13.7.1. Andrographolide 10%
13.7.2. Andrographolide 20%
13.7.3. Andrographolide 30%
13.7.4. Andrographolide 50%
13.7.5. Andrographolide 98%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Andrographis Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Andrographis Extract Market: Market Share Analysis
14.2. Andrographis Extract Distributors and Customers
14.3. Andrographis Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Martin Bauer Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sabinsa
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bioprex
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Gurjar Phytochem
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mother Herbs
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pure & Green
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Guilin Layn Natural Ingredients
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changzhou Natural Pharmaceutical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shaanxi Huike Botanical Development
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hunan Zhengdi Biological
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sichuan Hongyi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xian Changyue Phytochemistry
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sichuan Zhonghong
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Guilin Sanling Biotech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shaanxi Tianrun
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Changsha LuYuan Bio-Tech
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
