Serrata Extract Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

Global Serrata Extract Market size will expand at an 11.5% CAGR from 2024 to 2032, due to the rising incidence of chronic diseases worldwide.

Conditions like arthritis and other inflammatory disorders are increasingly prevalent, fueling the demand for natural anti-inflammatory remedies. Researchers are delving into how serrata extract can alleviate symptoms tied to these chronic ailments. With healthcare professionals and patients acknowledging its benefits, the therapeutic applications of serrata extract are broadening. The WHO reports that chronic diseases, including cardiovascular issues, cancer, diabetes, and respiratory ailments, will be responsible for 86% of the 90 million annual deaths. This escalating concern amplifies the interest in the potential therapeutic advantages of serrata extract.

The market is segregated into form, application, and region.

In terms of form, the liquid segment in the serrata extract industry is set to witness growth at an unprecedented rate through 2032, owing to its ease of use and swift absorption. As researchers probe its therapeutic potential, a wider array of formulations emerges to cater to varied health demands. Companies are broadening their portfolios, incorporating liquid serrata extract into a multitude of health supplements. Furthermore, innovations in liquid extraction and formulation methods are bolstering the product's effectiveness and stability.

By application, the serrata extract market share from the herbal medicine segment is projected to rise from 2024 to 2032 on account of its noted anti-inflammatory and analgesic traits. Serrata extract finds its way into numerous herbal formulations, aiding in the management of ailments like arthritis, asthma, and digestive concerns. Ongoing research is not only validating its current uses but also unveiling new potential applications in natural health therapies. This continuous exploration promises fresh avenues for serrata extract in herbal medicine, paving the way for innovative health and wellness solutions.

Regionally, the Asia Pacific serrata extract industry size is projected to infer robust growth between 2024 and 2032, driven by the growing interest in Ayurvedic products. Serrata extract with its anti-inflammatory and therapeutic properties is being integrated into various Ayurvedic formulations to address issues, such as joint pain and digestive health. Ongoing advancements in extraction technologies and growing consumer interest in holistic health solutions will also increase the availability of Ayurvedic remedies across the region.

Product Code: 5357

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Data mining sources
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Value chain
- 3.1.2 Key manufacturers
- 3.1.3 Go to market routes
- 3.1.4 Key distributors
  - 3.1.4.1 New distribution channels
- 3.1.5 Profit margins across the industry
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing use of herbal medicine
  - 3.2.1.2 Growing inclination towards food supplement
  - 3.2.1.3 Environment friendly cultivation of Boswellia serrata plant
- 3.2.2 Market challenges
  - 3.2.2.1 Lack of research and development for serrata extract production
  - 3.2.2.2 Availability of substitute
- 3.2.3 Market opportunities
  - 3.2.3.1 New markets/applications
  - 3.2.3.2 Growth potential analysis
3.3 Raw material landscape
- 3.3.1 Manufacturing trends
  - 3.3.1.1 Technology evolution
  - 3.3.1.2 Sustainable manufacturing
    - 3.3.1.2.1 Green practices
    - 3.3.1.2.2 Decarbonization
- 3.3.2 New raw materials
- 3.3.3 Raw material pricing trends (USD/Ton)
  - 3.3.3.1 North America
  - 3.3.3.2 Europe
  - 3.3.3.3 Asia Pacific
  - 3.3.3.4 Latin America
  - 3.3.3.5 MEA
3.4 Regulations and market impact
3.5 Porter's analysis
3.6 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Size and Forecast, By Form, 2021-2032 (USD Thousand, Tons)

5.1 Key trends
5.2 Powder
5.3 Liquid

Chapter 6 Market Size and Forecast, By Application, 2021-2032 (USD Thousand, Tons)

6.1 Key trends
6.2 Herbal medicine
6.3 Food supplements
6.4 Aromatherapy
6.5 Others

Chapter 7 Market Size and Forecast, By Region, 2021-2032 (USD Thousand, Tons)

7.1 Key trends
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Russia
- 7.3.7 Rest of Europe
7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 Australia
- 7.4.6 Malaysia
- 7.4.7 Indonesia
- 7.4.8 Rest of Asia Pacific
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
- 7.5.4 Rest of Latin America
7.6 MEA
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 South Africa
- 7.6.4 Rest of MEA

Chapter 8 Company Profiles

8.1 Alchem International Pvt. Ltd.
8.2 HERBAL CREATIONS
8.3 Manus Aktteva Biopharma LLP,
8.4 Marven Bio Chem
8.5 Natura Vitalis Industries Pvt ltd
8.6 Orcas Naturals
8.7 SA Herbal Bioactives LLP
8.8 Sanat, S.A
8.9 Tangerine Biosciences
8.10 Venkatesh Natural Extract Pvt. Ltd.