Global Star Anise Extract Market Growth 2024-2030

Global Star Anise Extract Market Growth 2024-2030

The star anise extract is present in the dried ripe fruit of the Magnoliaceae plant. It is the main raw material for the anti-influenza drug Tamiflu. Star anise extract can promote gastrointestinal motility, relieve abdominal pain, and promote the secretion of secretory cells in the respiratory tract and can be used for sputum.

The global Star Anise Extract market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Star Anise Extract Industry Forecast” looks at past sales and reviews total world Star Anise Extract sales in 2023, providing a comprehensive analysis by region and market sector of projected Star Anise Extract sales for 2024 through 2030. With Star Anise Extract sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Star Anise Extract industry.

This Insight Report provides a comprehensive analysis of the global Star Anise 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 Star Anise Extract portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Star Anise Extract market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Star Anise 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 Star Anise Extract.

United States market for Star Anise Extract is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Star Anise Extract is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Star Anise Extract is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Star Anise Extract players cover Undersun Biomedtech Corp, Bolise, Nutraonly, Xi'an B-Thriving I/E and Shaanxi Hongda Phytochemistry, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

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

Segmentation by type
Shikimic Acid (98%)
Shikimic Acid (99%)

Segmentation by application
Medicine and Veterinary Drugs
Cosmetic and 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.
Undersun Biomedtech Corp
Bolise
Nutraonly
Xi'an B-Thriving I/E
Shaanxi Hongda Phytochemistry
Xi’an Xiaocao Botanical Development
Risun-Bio-Tech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Star Anise Extract market?

What factors are driving Star Anise Extract market growth, globally and by region?

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

How do Star Anise Extract market opportunities vary by end market size?

How does Star Anise Extract break out type, application?

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