Astragalus Polysaccharide Market (Type - Food Grade, Pharmaceutical Grade, and Reagent Grade; Applications - Food and Supplements, Medicine, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

Astragalus Polysaccharide Market (Type - Food Grade, Pharmaceutical Grade, and Reagent Grade; Applications - Food and Supplements, Medicine, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

Report Code: HC08759 Category: Healthcare & Medical Devices Published: March, 2022

A recent report ongoing study by Infinium Global Research on the astragalus polysaccharide market provides in-depth analysis of segments and sub-segments in the global as well as regional astragalus polysaccharide market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional astragalus polysaccharide market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global astragalus polysaccharide market. According to the report, the global astragalus polysaccharide market is projected to grow at a healthy CAGR over the forecast period of 2021-2027.

 

Market Insight

Astragalus polysaccharide (APS) is extracted from Astragalus plant. The major immunoreactive component in Astragalus is Astragalus polysaccharide (APS). APS regulates the immune system and is used to treat a variety of immunological-related disorders. Astragalus membranaceus has a rich history in clinical applications and is a widely known traditional Chinese medicine. Outside its traditional bastion Astragalus Polysaccharide has gained a market in various overseas regions for its multiple health benefits. As of its production is limited to Asia-Pacific and particularly China. Though, its applications have spread around the world and has gained popularity among consumers and food and health industries.

 

The growing health consciousness among consumers is compelling them to carefully include products in their consumption that offers them health benefits. Consumers are actively preferring products that strengthens immunity. Astragalus polysaccharide is known to boost the immunity systems. There are number of food products and supplements as well as pharmaceutical products that contain astragalus polysaccharide. Thus, the demand for these products is increasing which is ultimately increasing demand for astragalus polysaccharide. Owing to the growing consumption of astragalus polysaccharide based products, food and pharmaceutical companies are focusing on R&D of new astragalus polysaccharide applications in their products. Furthermore, increasing research studies on astragalus polysaccharides is revealing its new food and pharmaceutical applications. Therefore, the growing food and pharmaceutical applications of astragalus polysaccharide are aiding the growth of the market. Currently, the production of astragalus polysaccharide is only limited to a specific region which may lead to supply shortages in the events such as supply chain disruptions and also monopolistic trade practices which may hamper the growth of the market. Nevertheless, new opportunities are expected to arise as new technological advancements are taking place in terms of supply chain, production techniques, and others.

 

The Astragalus Polysaccharide market is regionally categorized into North America, Asia-Pacific, Europe and RoW. North America is expected to dominate the market over the forecast period. The health consciousness among consumers in North America is high. Also, in North America people have high standard of living and high spending capacity. They prefer and don’t hesitate to spend on products beneficial for health. Thus, the demand for products containing astragalus polysaccharide is high.


Astragalus Polysaccharide Market

 

Segment Covered

The report on global astragalus polysaccharide market covers segments such as type, and applications. On the basis of type, the sub-markets include food grade, pharmaceutical grade, and reagent grade. On the basis of applications, the sub-markets include food and supplements, medicine, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as HeiBei Huiyuan Pharmaceutical Co, Ltd., Jinan Jianfeng Chemical Co., Ltd., Xian Otiland Biotechnology Co., Ltd., Shaanxi Pure Source Bio-Tech Co.,Ltd., Taiyuan Xingyuan Biochemical Co., Ltd, Xuancheng Quality Herb Co., Ltd., Sichuan Huayang Pharmaceutical Co., Ltd, Kingherbs Limited, Xuancheng Baicao Pharmaceutical Co., Ltd. , and Chengdu King-tiger Pharm-chem. Tech. Co., Ltd.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of astragalus polysaccharide market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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