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Serrata Extract Market Growth Projections to 2030

Serrata Extract Market size was worth more than USD 85 million in 2021 and is expected to grow at a CAGR of 10.5% through 2030.

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Serrata Extract Market Growth Projections to 2030

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  1. Serrata Extract Market Size is Exceed to Witness Over 10.5% CAGR Through 2030 The global serrata extract market is anticipated to expand significantly through 2030, on account of product usage in herbal medicines and government support for its cultivation. The serrata extract is widely utilized in ayurvedic herbal formulations for treating numerous ailments including osteoarthritis, asthma, inflammatory bowel conditions, and as anti-cancer drug. Furthermore, investments by leading manufacturers in R&D for the product, in consort with increased government assistance are projected to boost market expansion. For example, the Indian government keeps track of the critical natural resource - Boswellia Serrata, through its Forestry Service. They conduct field inventories on a regular basis to measure plant numbers, train field associates, and determine pricing in order to assure the abundance of Boswellia forests spread over the country's sixteen states. Request for Sample Copy of this Report @ https://www.gminsights.com/request- sample/detail/5357 The serrata extract is available in two forms, i.e., liquid and powder. The liquid serrata extract market share is predicted to grow with strong CAGR during the forecast period, due to rising use of the product as an ingredient in essential oils for aromatherapy and production of perfumes. Widespread popularity of aromatherapy, in tandem with consumer preference for smelling nice are fostering the demand for serrata extract. Moving on, the numerous applications of serrata extract include herbal medicine, dietary supplements, and aromatherapy. The other application of the product is in the pharmaceutical industry and is slated to generate moderate revenues for the market in the coming years. The Boswellic acid present in serrata extract market is widely used in medicine due to its potential to decrease inflammation, regulate immunological function, combat cancer, and cure chronic diseases including asthma and arthritis. For example, in December 2021, Hyderabad-based Lee Health Domain launched an oral tablet Actokin, a nutraceutical containing collagen, curcumin complex, and Boswellia serrata extract market. The tablet is to be used as an adjuvant therapy to treat joint problems, exhaustion, and neuropathic pain connected with post-viral infections such as coronavirus. It may also be used in place of pain killers without any adverse effects. © 2022 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  2. Browse key Industry insights spread across 150 pages with 123 market data tables & 15 figures & charts from the report, “Serrata Extract Market Size By Form (Powder, Liquid), By Application (Herbal Medicine, Food Supplements, Aromatherapy, Others), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022–2030” in detail along https://www.gminsights.com/industry-analysis/serrata-extract-market with the table of contents: Regionally, the Europe is likely to emerge as a lucrative destination for the manufacturers and enterprises in the Serrata extract market in the coming years, owing to the growing number of health-conscious consumers in the region. Due to the increasing awareness of health benefits of serrata extract, the Europe market is expected to record a CAGR of 10.5% to be valued over USD 64.5s million by 2030. Speaking of the competitive landscape, the participants are putting efforts to enhance their present medical technology, consequently improving the overall market scenario for the next years. Citing an instance, in April 2021, Cosmax Bio Inc., a South Korean manufacturer of dietary supplement, has produced a novel ingredient based on Hydrangea serrata leaf extract that is claimed to improve skin health and help weight management. It is a 100% plant-derived ingestible beauty product that meets the demands of customers, particularly during the COVID-19 era. Notable participants in the Serrata Extract market include Manus Aktteva biopharma LLP, Marven Bio Chem, Hernal BioActives LLP, Sanat, S.A, Jayshree Nath Herbals, Herbal Creatiions, Ambe NS Agro product pvt ltd., Alps Pure, Now Food, Venkatesh Natural Extract pvt ltd., Arjuna Natural, Alchem International, Bioprex Labs, Sandhus, and Himalayan Herbaria Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry- before-buying/5357 © 2022 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  3. Report Content Chapter 1 Methodology and Scope 1.1 Methodology 1.2 Base estimation & working 1.2.1 North America 1.2.2 Europe 1.2.3 Asia Pacific 1.2.4 Latin America 1.2.5 Middle East & Africa 1.3 Forecast calculation 1.3.1 COVID-19 impact calculations on industry forecast 1.4 Data sources 1.4.1 Primary 1.4.2 Secondary 1.4.2.1 Paid sources 1.4.2.2 Public sources Chapter 2 Executive Summary 2.1 Serrata extract market 3600 synopsis, 2018 – 2030 2.1.1 Business trends 2.1.2 Form trends 2.1.3 Application trends 2.1.4 Regional trends © 2022 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  4. Chapter 3 Serrata Extract Industry Insights 3.1 Industry segmentation 3.2 COVID-19 impact on industry landscape 3.3 Industry ecosystem analysis 3.3.1 Profit margin analysis 3.3.2 Value addition at each stage 3.3.3 Distribution channel analysis 3.3.4 Vendor matrix 3.4 Industry megatrends 3.5 Innovation & sustainability 3.6 Industry impact forces 3.6.1 Growth drivers 3.6.2 Industry pitfalls & challenges 3.7 Regulatory landscape 3.7.1 North America 3.7.2 Europe 3.7.3 Asia Pacific 3.8 Growth potential analysis 3.9 Competitive landscape, 2021 3.9.1 Top players overview, 2021 3.9.2 Strategy dashboard 3.10 Porter’s analysis 3.10.1 Supplier power © 2022 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  5. 3.10.2 Buyer power 3.10.3 Threat of new entrants 3.10.4 Threat of substitutes 3.10.5 Industry rivalry 3.11 Price trends 3.11.1 Regional price trends 3.11.2 Cost structure analysis 3.11.2.1 R&D cost 3.11.2.2 Manufacturing & equipment cost 3.11.2.3 Raw confectionery cost 3.11.2.4 Distribution cots 3.11.2.5 Operating cost 3.11.2.6 Miscellaneous cost 3.12 PESTEL analysis 3.13 Impact of COVID-19 on food sector Continued… © 2022 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  6. About Global Market Insights Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology. Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: 1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: sales@gminsights.com © 2022 Global Market Insights Inc. All Rights Reserved www.gminsights.com

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