Market Overview:
The global astragalus polysaccharide market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for astragalus polysaccharide from various applications such as food & supplements, medicine, and others. Additionally, the growing awareness about the benefits of astragalus polysaccharide is also contributing to the growth of this market. Some of the major players operating in this market are Xiwang Group Co., Ltd., Jining Hengfengtai Bio-Technology Co., Ltd., and Hebei Welcome Pharmaceutical Co., Ltd.
Product Definition:
Astragalus Polysaccharide is a natural extract from the Astragalus membranaceus plant. It has been shown to have immune boosting and anti-inflammatory effects.
Reagent Grade:
Astragalus polysaccharide, also known as plant gum or reagent grade, is a type of natural sugar that is extracted from various plants including Astragali (family), Adhatoda (vetivert), Khasia (marshmallow tree) and Yarrowia (yucca). It has been used in the pharmaceutical industry for nearly two centuries.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in the market. It is used for manufacturing Astragalus polysaccharide, a type of natural sugar that has been widely used as an immunomodulating drug in China and Japan for more than two decades. Pharmaceutical grade products are cost-effective and have high purity with less impurities as compared to other grades available in the market.
Application Insights:
The others segment dominated the global market in terms of revenue share in 2017. This application segment includes cosmetics and pharmaceuticals. The demand for astragalus polysaccharide is expected to increase due to its antioxidant, anti-inflammatory, and antitumor properties. Furthermore, it has been observed that astragalus can prevent or treat several diseases such as cancer through different mechanisms such as prevention from initiation (dietary supplements), promotion of tumor growth inhibition & cell death stimulation, and by enhancing the immune system against cancer cells. These factors are anticipated to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to maintain its position during the forecast period. The region accounts for a major share of global consumption, production as well as export. China and Japan are among the largest consumers of Astragalus extract in this region. Growing demand for medicines coupled with rising health awareness among people is anticipated to drive growth over the forecast period.
Europe accounted for a significant share of global consumption, production and trade in 2017 owing to high demand from Germany, France, Italy and U.K., which also happens to be one of the prominent producers globally due to favorable climatic conditions along with adequate water availability atragalus plant cultivation site near Lake Taihu (China). Moreover, increasing R&D activities by several companies will fuel growth over coming years.
North America emerged as second-largest consumer after Asia Pacific accounting for 24% total volume consumed globally in 2017 followed by Europe which accounted 23% respectively.
Growth Factors:
- Increasing demand for Astragalus Polysaccharide from the food and beverage industry as a natural preservative and stabilizer.
- Rising awareness about the health benefits of Astragalus Polysaccharide is expected to drive its demand in the dietary supplements market.
- Growing application of Astragalus Polysaccharide in cosmetics and personal care products is projected to boost its market growth during the forecast period.
- Increasing research on Astragalus Polysaccharide for potential therapeutic applications is likely to create new opportunities for this market in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Astragalus Polysaccharide Market Research Report
By Type
Reagent Grade, Pharmaceutical Grade, Food Grade
By Application
Food & Suppliments, Medicine, Others
By Companies
Beijing Centre Biology, Shanxi Pure Source Bio-Tech, HuaTai, HeiBei Huiyuan Pharmaceutical, Taiyuan Xingyuan Biochemical Co., Ltd, Shaanxi Guosheng Industries co., ltd, Sichuan Huayang Pharmaceutical Co., Ltd, Chengdu King-tiger Pharm-chem. Tech. Co., Ltd, 3bio, Xuancheng Baicao Pharmaceutical
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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Astragalus Polysaccharide Market Report Segments:
The global Astragalus Polysaccharide market is segmented on the basis of:
Types
Reagent Grade, Pharmaceutical Grade, Food Grade
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 & Suppliments, Medicine, 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:
- Beijing Centre Biology
- Shanxi Pure Source Bio-Tech
- HuaTai
- HeiBei Huiyuan Pharmaceutical
- Taiyuan Xingyuan Biochemical Co., Ltd
- Shaanxi Guosheng Industries co., ltd
- Sichuan Huayang Pharmaceutical Co., Ltd
- Chengdu King-tiger Pharm-chem. Tech. Co., Ltd
- 3bio
- Xuancheng Baicao Pharmaceutical
Highlights of The Astragalus Polysaccharide 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:
- Reagent Grade
- Pharmaceutical Grade
- Food Grade
- By Application:
- Food & Suppliments
- Medicine
- Others
- 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 Astragalus Polysaccharide 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
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?
Astragalus is a polysaccharide that has been used in Traditional Chinese Medicine to treat a variety of conditions. It is thought to improve circulation and help reduce inflammation.
Some of the key players operating in the astragalus polysaccharide market are Beijing Centre Biology, Shanxi Pure Source Bio-Tech, HuaTai, HeiBei Huiyuan Pharmaceutical, Taiyuan Xingyuan Biochemical Co., Ltd, Shaanxi Guosheng Industries co., ltd, Sichuan Huayang Pharmaceutical Co., Ltd, Chengdu King-tiger Pharm-chem. Tech. Co., Ltd, 3bio, Xuancheng Baicao Pharmaceutical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Astragalus Polysaccharide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Astragalus Polysaccharide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Astragalus Polysaccharide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Astragalus Polysaccharide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Astragalus Polysaccharide Market Size & Forecast, 2018-2028
4.5.1 Astragalus Polysaccharide Market Size and Y-o-Y Growth
4.5.2 Astragalus Polysaccharide Market Absolute $ Opportunity
Chapter 5 Global Astragalus Polysaccharide Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Astragalus Polysaccharide Market Size Forecast by Type
5.2.1 Reagent Grade
5.2.2 Pharmaceutical Grade
5.2.3 Food Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Astragalus Polysaccharide Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Astragalus Polysaccharide Market Size Forecast by Applications
6.2.1 Food & Suppliments
6.2.2 Medicine
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Astragalus Polysaccharide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Astragalus Polysaccharide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Astragalus Polysaccharide Analysis and Forecast
9.1 Introduction
9.2 North America Astragalus Polysaccharide Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Astragalus Polysaccharide Market Size Forecast by Type
9.6.1 Reagent Grade
9.6.2 Pharmaceutical Grade
9.6.3 Food Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Astragalus Polysaccharide Market Size Forecast by Applications
9.10.1 Food & Suppliments
9.10.2 Medicine
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Astragalus Polysaccharide Analysis and Forecast
10.1 Introduction
10.2 Europe Astragalus Polysaccharide Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Astragalus Polysaccharide Market Size Forecast by Type
10.6.1 Reagent Grade
10.6.2 Pharmaceutical Grade
10.6.3 Food Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Astragalus Polysaccharide Market Size Forecast by Applications
10.10.1 Food & Suppliments
10.10.2 Medicine
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Astragalus Polysaccharide Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Astragalus Polysaccharide Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Astragalus Polysaccharide Market Size Forecast by Type
11.6.1 Reagent Grade
11.6.2 Pharmaceutical Grade
11.6.3 Food Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Astragalus Polysaccharide Market Size Forecast by Applications
11.10.1 Food & Suppliments
11.10.2 Medicine
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Astragalus Polysaccharide Analysis and Forecast
12.1 Introduction
12.2 Latin America Astragalus Polysaccharide Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Astragalus Polysaccharide Market Size Forecast by Type
12.6.1 Reagent Grade
12.6.2 Pharmaceutical Grade
12.6.3 Food Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Astragalus Polysaccharide Market Size Forecast by Applications
12.10.1 Food & Suppliments
12.10.2 Medicine
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Astragalus Polysaccharide Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Astragalus Polysaccharide Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Astragalus Polysaccharide Market Size Forecast by Type
13.6.1 Reagent Grade
13.6.2 Pharmaceutical Grade
13.6.3 Food Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Astragalus Polysaccharide Market Size Forecast by Applications
13.10.1 Food & Suppliments
13.10.2 Medicine
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Astragalus Polysaccharide Market: Competitive Dashboard
14.2 Global Astragalus Polysaccharide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Beijing Centre Biology
14.3.2 Shanxi Pure Source Bio-Tech
14.3.3 HuaTai
14.3.4 HeiBei Huiyuan Pharmaceutical
14.3.5 Taiyuan Xingyuan Biochemical Co., Ltd
14.3.6 Shaanxi Guosheng Industries co., ltd
14.3.7 Sichuan Huayang Pharmaceutical Co., Ltd
14.3.8 Chengdu King-tiger Pharm-chem. Tech. Co., Ltd
14.3.9 3bio
14.3.10 Xuancheng Baicao Pharmaceutical
