Agrimonia Eupatoria Extract Market Size Was Valued at USD 321.68 Million in 2023 and is Projected to Reach USD 435.38 Million by 2032, Growing at a CAGR of 3.42% From 2024-2032.
Extract of Agrimonia eupatoria comes from the Agrimonia eupatoria plant, also called common agrimony. Containing antioxidants, tannins, and flavonoids, it provides possible medicinal advantages due to its richness. Employed in ancient medical practices for its abilities to reduce inflammation, fight off microorganisms, and tighten tissues, it could assist in the recovery of wounds, skin ailments, and gastrointestinal problems. Studies indicate it has anti-cancer attributes and might aid in diabetes control and boost liver function.
The global market for Agrimonia eupatoria extract is experiencing consistent growth, driven by increasing demand for natural and herbal ingredients in industries like pharmaceuticals, cosmetics, and food and beverages. Agrimonia eupatoria, also called agrimony, is a perennial plant that is native to Europe, Asia, and certain regions of Africa. The substance obtained from this plant contains high levels of bioactive components like flavonoids, tannins, and phenolic acids, giving it antioxidant, anti-inflammatory, and antimicrobial qualities.
Agrimonia Eupatoria Extract Market Top Key Players:
RJWhelan (United States), Penn Herb (United States), Herbs in A Bottle (United States), MOUNTAIN ROSE HERBS (United States), HERBCO (United States), Panacea Health (United Kingdom), G. Baldwin & Co (United Kingdom), Woodland Herbs (United Kingdom), GreenHerb Biological Technology (China), Organic Herb (China)
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Increasing Demand for E-Commerce Market
As more customers opt for online shopping due to its convenience and accessibility, the market for Agrimonia Eupatoria Extract is reaching a broader audience. E-commerce platforms provide consumers with a convenient way to browse and purchase a diverse range of products, such as Agrimonia Eupatoria Extract, no matter where they are located. This increased access helps consumers become more informed and promotes buying habits. Additionally, the ability to easily compare prices and access product details online enables consumers to make well-informed decisions, thus increasing demand even more.
Segmentation Analysis of The Agrimonia Eupatoria Extract Market:
Agrimonia Eupatoria Extract Market Segmented on the basis of Product type, and application.
By Type
- Liquid
- Powder
By Application
- Food Industry
- Medicine
- Dietary Supplements
Agrimonia Eupatoria Extract Market Regional Insights:
The Asia Pacific region is known for its diverse range of plant species, such as Agrimonia Eupatoria, that flourish in its varied climate. Having a large amount of raw materials gives an edge when it comes to manufacturing and distribution.
Additionally, nations in the Asia Pacific area like China and India have a rich tradition of using traditional herbal medicine, with Agrimonia Eupatoria being used for its medicinal benefits for many years. This heritage plays a key role in enhancing knowledge about the advantages and uses of the plant, leading to a strong demand for its extracts.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Influence of the Report:
- A comprehensive evaluation of all the opportunities and risks in the Agrimonia Eupatoria Extract market.
- Recent innovations and major developments in the Agrimonia Eupatoria Extract market.
- A detailed study of the business strategy for the growth of the player leading in the market.
- The definitive study on the future growth of the market.
- In-depth understanding of the Agrimonia Eupatoria Extract market-specific drivers, constraints and key micro markets.
- Favorable technology and market latest trends to hit the market.
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