Global Codonopsis Root Extract Market Growth 2023-2029

Global Codonopsis Root Extract Market Growth 2023-2029

Codonopsis is one of the most famous and widely used Chinese tonic herbs. It is very mild and without any side effects, yet it is a superb Qi tonic. It invigorates the Spleen and Lung functions so that Qi is replenished and it promotes the production of body fluids. Codonopsis is also an excellent blood tonic and a major immune system tonic. It is believed to have an action similar to that of Ginseng, but milder. It is often used in place of Ginseng in formulas that actually call for Ginseng to be used as a main Qi tonic, especially when the purpose of the formula is to invigorate the Spleen and Lung functions. This is totally acceptable in the Chinese herbal system. Its blood building quality makes it especially good for people who are weakened due to illness. Codonopsis is extremely effective at relieving chronic fatigue. Many women use it to build blood and the Chinese consider Codonopsis to be an herb perfectly suited to nursing mothers, holding that Codonopsis helps produce milk and that the nutrients in Codonopsis are especially nourishing to babies. Codonopsis is an excellent herb for children. Codonopsis is mild yet it has powerful strengthening effects, especially on the digestive, respiratory and immune systems. It builds strong muscle in children. It is rich in immune stimulating polysaccharides that are beneficial to every one. They have also been shown to be useful in supporting the immune systems of people with cancer who are using the herbs in conjunction with conventional cancer therapies. Codonopsis has been demonstrated to have radiation protection activity and can be effective in protecting cancer patients receiving radiation therapy from the side effects without diminishing its benefits. Codonopsis also has interferon-inducing activity that may be of importance in many immune deficiency conditions, including HIV infection.

LPI (LP Information)' newest research report, the “Codonopsis Root Extract Industry Forecast” looks at past sales and reviews total world Codonopsis Root Extract sales in 2022, providing a comprehensive analysis by region and market sector of projected Codonopsis Root Extract sales for 2023 through 2029. With Codonopsis Root Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Codonopsis Root Extract industry.

This Insight Report provides a comprehensive analysis of the global Codonopsis Root Extract landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Codonopsis Root Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Codonopsis Root Extract market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Codonopsis Root Extract and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Codonopsis Root Extract.

The global Codonopsis Root Extract market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Codonopsis Root Extract is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Codonopsis Root Extract is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Codonopsis Root Extract is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Codonopsis Root Extract players cover Huisong Pharmaceuticals, Refine, Naturalin Bio-Resources, Ningbo Loncin Biotechnology, Shaanxi Jintai Biological, Shaanxi Gongbo, HUNAN HUAKANG BIOTECH INC, Greaf and Novoherb Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Codonopsis Root Extract market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powder
Liquid

Segmentation by application
Pharmaceutical
Food and Drinks
Personal Care
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Huisong Pharmaceuticals
Refine
Naturalin Bio-Resources
Ningbo Loncin Biotechnology
Shaanxi Jintai Biological
Shaanxi Gongbo
HUNAN HUAKANG BIOTECH INC
Greaf
Novoherb Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Codonopsis Root Extract market?

What factors are driving Codonopsis Root Extract market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Codonopsis Root Extract market opportunities vary by end market size?

How does Codonopsis Root Extract break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.