Global Astragalus Extract for Animal Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Astragalus Extract for Animal Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Astragalus Extract for Animal market size was valued at USD 13 million in 2022 and is forecast to a readjusted size of USD 18 million by 2029 with a CAGR of 3.9% during review period.

Astragalus membranaceus refers to the dry root of Astragalus membranaceus (Fisch.)Bge.or Astragalus mongolica(Fisch.)Bge.var.mongholicus(Bge.)Hsiao. Astragaloside IV is known as one of the major functional components in Astragalus membranaceus.

In 2022, the global sales of Astragalus extract reached 18.59 million US dollars, and it is projected to reach 23.81 million US dollars by 2029, with a compound annual growth rate (CAGR) of 3.31% during the period of 2023-2029. On a regional level, the Chinese market has witnessed rapid changes in recent years, with a market size of 10.82 million US dollars in 2022, accounting for approximately 58.23% of the global market share. It is expected to reach 13.28 million US dollars by 2029, with the global share anticipated to reach 55.79%. Astragalus extract, as an essential ingredient in health products, pharmaceutical industries, and feed additives, has a promising development outlook. The concept of "medicine and food sharing the same origin" is deeply rooted in the Chinese health industry, with the various nutritional components of Astragalus having the effects of regulating bodily functions, treating diseases, and enhancing physical fitness, thus establishing a broad market base. The advancement of modern nutrition science and preventive medicine has facilitated the widespread adoption of Astragalus extract globally, making it a crucial ingredient in pharmaceuticals, health products, and feed additives.

The Global Info Research report includes an overview of the development of the Astragalus Extract for Animal industry chain, the market status of Food Animals (Astragalus Polysaccharide, Astragaloside IV), Pet (Astragalus Polysaccharide, Astragaloside IV), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Astragalus Extract for Animal.

Regionally, the report analyzes the Astragalus Extract for Animal markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Astragalus Extract for Animal market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Astragalus Extract for Animal market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Astragalus Extract for Animal industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Astragalus Polysaccharide, Astragaloside IV).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Astragalus Extract for Animal market.

Regional Analysis: The report involves examining the Astragalus Extract for Animal market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Astragalus Extract for Animal market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Astragalus Extract for Animal:

Company Analysis: Report covers individual Astragalus Extract for Animal manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Astragalus Extract for Animal This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Animals, Pet).

Technology Analysis: Report covers specific technologies relevant to Astragalus Extract for Animal. It assesses the current state, advancements, and potential future developments in Astragalus Extract for Animal areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Astragalus Extract for Animal market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Astragalus Extract for Animal market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Astragalus Polysaccharide
Astragaloside IV

Market segment by Application
Food Animals
Pet

Major players covered
Euromed SA
XI`AN GAOYUAN BIO-CHEM
World-way Biotech
Zhe Jiang Skyherb Biotechnology
Xinxiang Bokai Biological
Acetar Bio-Tech
Ningxian hengrui kang biological
Shaanxi Jiahe Phytochem
Xi'an Rainbow Biotech
CHANGSHA ORGANIC HERB
Xi`an Green Spring Technology
Inner Mongolia Ever Brilliance Biotechnology

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Astragalus Extract for Animal product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Astragalus Extract for Animal, with price, sales, revenue and global market share of Astragalus Extract for Animal from 2018 to 2023.

Chapter 3, the Astragalus Extract for Animal competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Astragalus Extract for Animal breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Astragalus Extract for Animal market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Astragalus Extract for Animal.

Chapter 14 and 15, to describe Astragalus Extract for Animal sales channel, distributors, customers, research findings and conclusion.