Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Echinacea Extract Market by Type (Reagent Grade, Food Grade, Medical Grade, Other), By Application (Medicine, Food Additive, Dietary Supplement, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Echinacea Extract Market by Type (Reagent Grade, Food Grade, Medical Grade, Other), By Application (Medicine, Food Additive, Dietary Supplement, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 188468 3300 Chemical & Material 377 238 Pages 4.7 (44)

Market Overview:

The global echinacea extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for echinacea extract as a dietary supplement and its use in traditional medicine. In addition, the growing awareness about the health benefits of echinacea extract is also contributing to the growth of this market. On the basis of type, reagent grade accounted for majority share of the global echinacea extract market in 2017. This can be attributed to its widespread use in research and development activities across various industries.

Global Echinacea Extract Industry Outlook

Product Definition:

A water-soluble extract derived from the aerial parts of Echinacea purpurea, E. angustifolia, or E.

Reagent Grade:

Echinacea purpurea and Echinacea angustifolia are the two main reagents used in herbal extract manufacturing. Reagent grade is a high-grade pure form of either one or both of these herbs, which is further processed to produce finished products such as tablets, capsules and teas. The growth factor for this segment is increasing consumer awareness regarding natural medicines coupled with rising health concerns across the globe.

Food Grade:

Food grade is the product that has passed through a series of quality checks to be used in food products. It is also known as culinary oil or edible oil. The main function of food-grade echinacea extract is to add color and taste to the food products without hampering its nutritional value.

The major raw materials for producing Food-grade Echinacea Extract are: Wheat, Corn, Flaxseeds, Safflower seeds.

Application Insights:

The others application segment held the largest market share of over 40% in 2017. Other applications include personal care, nutraceuticals and cosmetics. The global demand for echinacea extract is increasing due to its benefits as an immunity booster and antioxidant. It is used in various medicines which are prescribed by doctors for different diseases such as colds, flu, cough suppression, bronchitis & asthma relief among others.

Dietary supplements are expected to be the fastest-growing application segment with a CAGR of XX% from 2018 to 2030 owing to consumer¢â‚¬â„¢s awareness regarding better health through proper nutrition coupled with rising health concerns regarding obesity and nutritional deficiencies across regions including Middle East & Africa and Asia Pacific countries such as China Japan India Pakistan etcetera.

Regional Analysis:

North America dominated the global echinacea extract market in 2017. High consumer awareness and presence of key manufacturers in this region are responsible for its large share. In addition, increasing demand for dietary supplements is expected to propel the growth over the forecast period. Europe is also estimated to witness a significant rise due to growing consumer awareness regarding health and well-being along with rising disposable income levels.

Asia Pacific region is anticipated to grow at a lucrative rate owing to high unmet clinical needs coupled with rapidly improving healthcare infrastructure in emerging economies such as China and India, which are major consumers of echinacea extracts globally.

Growth Factors:

  • Increasing demand for natural and herbal products for preventive healthcare
  • Rising awareness about the health benefits of Echinacea Extracts
  • Growing popularity of Echinacea Extracts as a dietary supplement
  • Proliferation of online retail channels that offer Echinacea Extract supplements
  • increasing research on the therapeutic potential of Echinacea Extract

Scope Of The Report

Report Attributes

Report Details

Report Title

Echinacea Extract Market Research Report

By Type

Reagent Grade, Food Grade, Medical Grade, Other

By Application

Medicine, Food Additive, Dietary Supplement, Others

By Companies

BIOFORCE AG, Jamieson Laboratories, New Natural Biotechnology Co.,Ltd, Xi an Rainbow Biotech, Shaanxi Jintai Biological Engineering Co., Ltd, Gonmisol

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Echinacea Extract Market Report Segments:

The global Echinacea Extract market is segmented on the basis of:


Reagent Grade, Food Grade, Medical Grade, Other

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.


Medicine, Food Additive, Dietary Supplement, Others

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:

  2. Jamieson Laboratories
  3. New Natural Biotechnology Co.,Ltd
  4. Xi an Rainbow Biotech
  5. Shaanxi Jintai Biological Engineering Co., Ltd
  6. Gonmisol

Global Echinacea Extract Market Overview

Highlights of The Echinacea Extract Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Reagent Grade
    2. Food Grade
    3. Medical Grade
    4. Other
  1. By Application:

    1. Medicine
    2. Food Additive
    3. Dietary Supplement
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Echinacea 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Echinacea Extract Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Echinacea extract is a natural product that has been used to treat a variety of health conditions for centuries. It is made from the root, stem, and leaves of the Echinacea plant.

Some of the key players operating in the echinacea extract market are BIOFORCE AG, Jamieson Laboratories, New Natural Biotechnology Co.,Ltd, Xi an Rainbow Biotech, Shaanxi Jintai Biological Engineering Co., Ltd, Gonmisol.

The echinacea extract market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Echinacea 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. Echinacea Extract Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Echinacea Extract Market - Supply Chain
   4.5. Global Echinacea Extract Market Forecast
      4.5.1. Echinacea Extract Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Echinacea Extract Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Echinacea Extract Market Absolute $ Opportunity

5. Global Echinacea 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. Echinacea Extract Market Size and Volume Forecast by Type
      5.3.1. Reagent Grade
      5.3.2. Food Grade
      5.3.3. Medical Grade
      5.3.4. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Echinacea 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. Echinacea Extract Market Size and Volume Forecast by Application
      6.3.1. Medicine
      6.3.2. Food Additive
      6.3.3. Dietary Supplement
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Echinacea 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. Echinacea 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 Echinacea 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. Echinacea 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 Echinacea Extract Demand Share Forecast, 2019-2026

9. North America Echinacea 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 Echinacea 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 Echinacea Extract Market Size and Volume Forecast by Application
      9.4.1. Medicine
      9.4.2. Food Additive
      9.4.3. Dietary Supplement
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Echinacea Extract Market Size and Volume Forecast by Type
      9.7.1. Reagent Grade
      9.7.2. Food Grade
      9.7.3. Medical Grade
      9.7.4. Other
   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 Echinacea Extract Demand Share Forecast, 2019-2026

10. Latin America Echinacea 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 Echinacea 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 Echinacea Extract Market Size and Volume Forecast by Application
      10.4.1. Medicine
      10.4.2. Food Additive
      10.4.3. Dietary Supplement
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Echinacea Extract Market Size and Volume Forecast by Type
      10.7.1. Reagent Grade
      10.7.2. Food Grade
      10.7.3. Medical Grade
      10.7.4. Other
   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 Echinacea Extract Demand Share Forecast, 2019-2026

11. Europe Echinacea 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 Echinacea 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 Echinacea Extract Market Size and Volume Forecast by Application
      11.4.1. Medicine
      11.4.2. Food Additive
      11.4.3. Dietary Supplement
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Echinacea Extract Market Size and Volume Forecast by Type
      11.7.1. Reagent Grade
      11.7.2. Food Grade
      11.7.3. Medical Grade
      11.7.4. Other
   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 Echinacea Extract Demand Share, 2019-2026

12. Asia Pacific Echinacea 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 Echinacea 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 Echinacea Extract Market Size and Volume Forecast by Application
      12.4.1. Medicine
      12.4.2. Food Additive
      12.4.3. Dietary Supplement
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Echinacea Extract Market Size and Volume Forecast by Type
      12.7.1. Reagent Grade
      12.7.2. Food Grade
      12.7.3. Medical Grade
      12.7.4. Other
   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 Echinacea Extract Demand Share, 2019-2026

13. Middle East & Africa Echinacea 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 Echinacea 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 Echinacea Extract Market Size and Volume Forecast by Application
      13.4.1. Medicine
      13.4.2. Food Additive
      13.4.3. Dietary Supplement
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Echinacea Extract Market Size and Volume Forecast by Type
      13.7.1. Reagent Grade
      13.7.2. Food Grade
      13.7.3. Medical Grade
      13.7.4. Other
   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 Echinacea Extract Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Echinacea Extract Market: Market Share Analysis
   14.2. Echinacea Extract Distributors and Customers
   14.3. Echinacea Extract Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BIOFORCE AG Overview Financials Developments Strategic Outlook
      14.4.2. Jamieson Laboratories Overview Financials Developments Strategic Outlook
      14.4.3. New Natural Biotechnology Co.,Ltd Overview Financials Developments Strategic Outlook
      14.4.4. Xi an Rainbow Biotech Overview Financials Developments Strategic Outlook
      14.4.5. Shaanxi Jintai Biological Engineering Co., Ltd Overview Financials Developments Strategic Outlook
      14.4.6. Gonmisol Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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