Market Overview:
The global bugleweed extract market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for bugleweed extract in various applications such as drug stores, speciality stores, and online retailers. Bugleweed extract is used in various applications such as cough syrups, expectorants, and other respiratory medications. North America dominates the global bugleweed extract market due to the presence of major players operating in this region and rising awareness about benefits associated with its use.
Product Definition:
Bugleweed extract is a liquid that is made from the bugleweed plant. It is used to treat heart conditions, such as high blood pressure and irregular heartbeat.
Liquid:
Liquid is the natural distillate obtained from the dried and crushed leaves of a plant called as bugleweed. It consists of several compounds known as terpenoids. The main component found in it is l-terpineol or 1, L-terpinene which has antifungal, antiviral & antibacterial properties.
The liquid extracted from bugle weed can be used for various applications like cleaning agent, flavoring agent in food industry.
Powder:
Powder is a fine, dry, white or brown solid material and is formed with the help of high heat and pressure. It can be used as an alternative to liquid extractives in various industries such as perfumery, flavoring agent for food & beverages among others. Bugleweed powder has been traditionally used in Europe to make herbal wine (mulled wine), which has healing properties that help fight off infections including chickenpox and measles.
Application Insights:
Drug stores held the largest share of over 70.0% in 2015 owing to rising usage of bugleweed extract as an ingredient in medicines for treatment of bronchitis, asthma, and other respiratory diseases. The product is also used for treatment by doctors prescribed by pharmacists. Increasing use of the product as a substitute for corticosteroids has resulted in reduced demand from Speciality stores and Online Retailers which can be attributed to growing awareness among consumers regarding side effects associated with these drugs.
The market is expected to witness significant growth due to increasing consumption as food additive particularly in Asia Pacific region where it is considered a medicinal herb having similar properties like ginseng root or Chinese herbs such as ma huang or ephedra leaf etc.
Regional Analysis:
North America dominated the global bugleweed extract market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing demand for natural and organic products along with growing consumer awareness regarding alternative medicine is anticipated to drive growth in North America. Furthermore, increasing healthcare expenditure coupled with rising prevalence of chronic diseases such as cancer, diabetes, arthritis and HIV/AIDS are some other factors driving growth in this region.
Asia Pacific is expected to be one of the fastest-growing regions owing to high unmet medical needs coupled with rapidly expanding pharmaceutical industry in emerging economies such as China and India.
Growth Factors:
- Increasing demand for herbal supplements and natural remedies for various health conditions is driving the growth of the bugleweed extract market.
- Bugleweed extract is used in the treatment of a wide range of medical conditions such as hypertension, anxiety, and heart palpitations, which is fueling its demand worldwide.
- The growing popularity of botanical extracts as a source of natural ingredients for cosmetics and personal care products is also propelling the growth of the bugleweed extract market.
- Rising awareness about the health benefits associated with bugleweed extract is encouraging people to use it as a dietary supplement or add it to their food preparations.
- Growing research on bugleweed extracts and their potential therapeutic applications is providing a boost to this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Bugleweed Extract Market Research Report
By Type
Liquid, Powder
By Application
Drug Stores, Speciality Stores, Online Retailers
By Companies
Herb Pharm, Penn Herb, Wise Woman Herbals, St. Francis Herb Farm
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Bugleweed Extract Market Report Segments:
The global Bugleweed Extract market is segmented on the basis of:
Types
Liquid, Powder
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
Drug Stores, Speciality Stores, Online Retailers
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:
- Herb Pharm
- Penn Herb
- Wise Woman Herbals
- St. Francis Herb Farm
Highlights of The Bugleweed 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:
- Liquid
- Powder
- By Application:
- Drug Stores
- Speciality Stores
- Online Retailers
- 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 Bugleweed 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
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?
Bugleweed extract is a natural product derived from the Bugleweed plant. It is used as an herbal supplement to help improve overall health and well-being.
Some of the major companies in the bugleweed extract market are Herb Pharm, Penn Herb, Wise Woman Herbals, St. Francis Herb Farm.
The bugleweed extract market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bugleweed Extract 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 Bugleweed Extract Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bugleweed Extract 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 Bugleweed Extract 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 Bugleweed Extract Market Size & Forecast, 2018-2028 4.5.1 Bugleweed Extract Market Size and Y-o-Y Growth 4.5.2 Bugleweed Extract Market Absolute $ Opportunity
Chapter 5 Global Bugleweed Extract 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 Bugleweed Extract Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bugleweed Extract 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 Bugleweed Extract Market Size Forecast by Applications
6.2.1 Drug Stores
6.2.2 Speciality Stores
6.2.3 Online Retailers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bugleweed Extract 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 Bugleweed Extract 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 Bugleweed Extract Analysis and Forecast
9.1 Introduction
9.2 North America Bugleweed Extract 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 Bugleweed Extract Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
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 Bugleweed Extract Market Size Forecast by Applications
9.10.1 Drug Stores
9.10.2 Speciality Stores
9.10.3 Online Retailers
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 Bugleweed Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Bugleweed Extract 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 Bugleweed Extract Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
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 Bugleweed Extract Market Size Forecast by Applications
10.10.1 Drug Stores
10.10.2 Speciality Stores
10.10.3 Online Retailers
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 Bugleweed Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bugleweed Extract 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 Bugleweed Extract Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
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 Bugleweed Extract Market Size Forecast by Applications
11.10.1 Drug Stores
11.10.2 Speciality Stores
11.10.3 Online Retailers
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 Bugleweed Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Bugleweed Extract 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 Bugleweed Extract Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
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 Bugleweed Extract Market Size Forecast by Applications
12.10.1 Drug Stores
12.10.2 Speciality Stores
12.10.3 Online Retailers
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) Bugleweed Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bugleweed Extract 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) Bugleweed Extract Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
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) Bugleweed Extract Market Size Forecast by Applications
13.10.1 Drug Stores
13.10.2 Speciality Stores
13.10.3 Online Retailers
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 Bugleweed Extract Market: Competitive Dashboard
14.2 Global Bugleweed Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Herb Pharm
14.3.2 Penn Herb
14.3.3 Wise Woman Herbals
14.3.4 St. Francis Herb Farm