Global Astragalus Extract for Animal Supply, Demand and Key Producers, 2023-2029

Global Astragalus Extract for Animal Supply, Demand and Key Producers, 2023-2029

The global Astragalus Extract for Animal market size is expected to reach $ 18 million by 2029, rising at a market growth of 3.9% CAGR during the forecast period (2023-2029).

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.

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.

This report studies the global Astragalus Extract for Animal production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Astragalus Extract for Animal, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Astragalus Extract for Animal that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Astragalus Extract for Animal total production and demand, 2018-2029, (Tons)

Global Astragalus Extract for Animal total production value, 2018-2029, (USD Million)

Global Astragalus Extract for Animal production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Astragalus Extract for Animal consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Astragalus Extract for Animal domestic production, consumption, key domestic manufacturers and share

Global Astragalus Extract for Animal production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Astragalus Extract for Animal production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Astragalus Extract for Animal production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Astragalus Extract for Animal market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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 and Xi'an Rainbow Biotech, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Astragalus Extract for Animal market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/kg) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Astragalus Extract for Animal Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Astragalus Extract for Animal Market, Segmentation by Type
Astragalus Polysaccharide
Astragaloside IV

Global Astragalus Extract for Animal Market, Segmentation by Application
Food Animals
Pet

Companies Profiled:
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

Key Questions Answered

1. How big is the global Astragalus Extract for Animal market?

2. What is the demand of the global Astragalus Extract for Animal market?

3. What is the year over year growth of the global Astragalus Extract for Animal market?

4. What is the production and production value of the global Astragalus Extract for Animal market?

5. Who are the key producers in the global Astragalus Extract for Animal market?