Market Overview:
Codonopsis extract is a natural product obtained from the roots of Codonopsis pilosula, a perennial herb belonging to the family Campanulaceae. The global codonopsis extract market is segmented on the basis of type, application and region. On the basis of type, it is classified into powder and liquid. Powder codonopsis extract dominates the market with more than 60% share in terms of value in 2017. Liquid codonopsis extract is projected to grow at a higher CAGR during 2018-2030 owing to its increasing demand from pharmaceuticals industry. By application, it finds its major use in pharmaceuticals industry which accounted for more than 50% share in 2017. Food and beverages (F&B) and personal care are other key applications where codonopsis extracts are used extensively for various end-use benefits such as flavor enhancement, anti-aging properties etc.
Product Definition:
Codonopsis extract is a natural product derived from the roots of the Codonopsis plant. It has been used in traditional Chinese medicine for centuries to promote health and vitality. Recent research suggests that codonopsis extract may have anti-inflammatory and antioxidant properties, which could make it useful for preventing or treating diseases associated with inflammation and oxidative stress.
Powder:
Powder is a dry form of the liquid extracted from Codonopsis leaves. It consists of flavonoids, terpenoids and other chemical compounds such as amino acids, fatty acids and ketones. Powder has high demand in pharmaceuticals industry owing to its usage in making tablets or capsules which are further used by human beings for their medicinal purpose. The powder also finds its application in food industry as an ingredient for seasoning or adding taste to it.
Liquid:
Liquid is a water-based solution of plant extracts and essential oils. It has high demand in the market as it can be used for various applications such as food, beverages, cosmetics, pharmaceuticals and others. The growing application scope of liquid in the end-use industries along with increasing consumer awareness regarding natural ingredients is expected to drive growth over the forecast period.
Application Insights:
The others segment dominated the global codonopsis extract market in 2017, accounting for over 40% of the overall revenue share. The segment includes applications such as natural product and nutraceuticals. Natural product is expected to be one of the fastest-growing segments during the forecast period owing to increasing demand for herbal medicines across various regions, including Europe and North America. Codonopsis pilosula is a well-established medicinal plant that has been used traditionally in Chinese medicine with indications related to anti-inflammatory, antitumor, adaptogenic and immunomodulatory activities (Wu et al., 2012).
Codonopinus species are widely utilized in traditional Chinese medicine owing to their cancer preventive activity (Li et al., 2015). They are also considered effective against viral infections due to their strong antibacterial property (Khan et al., 2014; Li & Cao 2016).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. Increasing demand for natural ingredients-based pharmaceuticals in these countries coupled with growing awareness regarding health benefits of codonopsis extracts are projected to drive the regional market growth. In addition, increasing number of manufacturing facilities by prominent players in this region will further propel product consumption across various application segments such as food and beverages; personal care; nutraceuticals; and others.
North America accounted for a significant share of global revenue owing to high consumer awareness along with rising healthcare expenditure by government & other agencies working on public health issues pertaining to drug dependence or addiction caused due to opioid abuse (morphine). These factors are anticipatedto boost demandfor natural products like codonopsis extracts that have therapeutic potential against drug dependence or morphine addiction disorders without causing any adverse effects on human body at ordinary doses.
Growth Factors:
- Increasing demand for natural and organic products
- Rising awareness about the health benefits of Codonopsis Extract
- Growing popularity of traditional Chinese medicine (TCM)
- Proliferation of online retail platforms
- Expansion of distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Codonopsis Extract Market Research Report
By Type
Powder, Liquid
By Application
Pharmaceutical, Food and Beverages, Personal Care, Others
By Companies
Huisong Pharmaceuticals, Refine, Naturalin Bio-Resources, Ningbo Loncin Biotechnology, Shaanxi Jintai Biological, Shaanxi Gongbo, HUNAN HUAKANG BIOTECH INC, Greaf
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Codonopsis Extract Market Report Segments:
The global Codonopsis Extract market is segmented on the basis of:
Types
Powder, Liquid
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
Pharmaceutical, Food and Beverages, Personal Care, 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:
- Huisong Pharmaceuticals
- Refine
- Naturalin Bio-Resources
- Ningbo Loncin Biotechnology
- Shaanxi Jintai Biological
- Shaanxi Gongbo
- HUNAN HUAKANG BIOTECH INC
- Greaf
Highlights of The Codonopsis 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:
- Powder
- Liquid
- By Application:
- Pharmaceutical
- Food and Beverages
- Personal Care
- 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 Codonopsis 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Codonopsis extract is a natural product that has been used in Traditional Chinese Medicine to treat a variety of conditions. Codonopsis extract is believed to help improve overall health by supporting the immune system, regulating blood sugar levels, and promoting healthy skin and hair.
Some of the major players in the codonopsis extract market are Huisong Pharmaceuticals, Refine, Naturalin Bio-Resources, Ningbo Loncin Biotechnology, Shaanxi Jintai Biological, Shaanxi Gongbo, HUNAN HUAKANG BIOTECH INC, Greaf.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Codonopsis 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 Codonopsis Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Codonopsis 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 Codonopsis 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 Codonopsis Extract Market Size & Forecast, 2020-2028
4.5.1 Codonopsis Extract Market Size and Y-o-Y Growth
4.5.2 Codonopsis Extract Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Food and Beverages
6.2.3 Personal Care
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Codonopsis 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 Codonopsis 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
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 Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Food and Beverages
9.10.3 Personal Care
9.10.4 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
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 Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Food and Beverages
10.10.3 Personal Care
10.10.4 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
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 Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Food and Beverages
11.10.3 Personal Care
11.10.4 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
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 Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Food and Beverages
12.10.3 Personal Care
12.10.4 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
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) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Food and Beverages
13.10.3 Personal Care
13.10.4 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 Codonopsis Extract Market: Competitive Dashboard
14.2 Global Codonopsis Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huisong Pharmaceuticals
14.3.2 Refine
14.3.3 Naturalin Bio-Resources
14.3.4 Ningbo Loncin Biotechnology
14.3.5 Shaanxi Jintai Biological
14.3.6 Shaanxi Gongbo
14.3.7 HUNAN HUAKANG BIOTECH INC
14.3.8 Greaf
