Galla
chinensis extract is used in food and pharmaceutical industries due
to its strong antibacterial, antiviral, hepatoprotective, anticancer,
antidiarrheal and antioxidant properties. Galla chinensis extract is
derived from Rhus chinensis, or the nutgall tree, which is primarily
cultivated in mainland China, and is traded regionally and globally.
Since, the galla chinensis extract is used in several other
industries such as, chemical industries, petrochemical industries,
water treatment industries, timber industries and ink industries, the
growth and demand for galla chinensis extract has higher correlation
with the overall performance of mentioned industries. Apart from
this, galla chinensis extract is also used in cosmetic industries for
its antioxidant properties. Attributed to its health benefits which
include lowering blood pressure, acid regulation, etc., the product
has witness increased traction.
Galla
Chinensis Extract Market Segmentation:
Galla
chinensis extract market can
be segmented on the basis of application as:
- Food industry:Galla chinensis extract is used in food industry as preservative and anti-foul ant in the food industry. Cheaper and easier availability of the product as compared to other preservative is improving the market for Galla chinensis. Recently Galla chinensis extract is also being used as health supplement, fueling the market for Galla chinensis extract.
- Petrochemical engineering:Galla chinensis extract is used in petrochemical engineering as filler and additive.
- Water treatment industry:Galla chinensis extract is used in water treatment as adsorbent and flocculent.
- Timber industry:Galla chinensis extract is used in timber industry as surface coating and adhesive.
- Ink industry:Galla chinensis extract is used in the manufacturing of blue ink and tanned leather.
Galla
chinensis extract market can be segmented on the basis of
distribution channel as
- Supermarket
- Specialty stores
- Online sales
- Retail stores
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Galla
Chinensis Extract Market Regional Outlook:
Galla
chinensis has been traditionally used in China as herbal medicines.
Galla chinensis extract market is considerably growing more in Asia
Pacific region in comparison to other regions. China is the prominent
consumer for the product, apart from this it is also the prominent
manufacturer of Galla chinensis extract. The market for Galla
chinensis extract is slowly expanding to other regions like North
America and Europe. A few suppliers and manufactures are
strengthening their distribution network to increase market foothold
in markets that has high potential and are unorganized.
Galla
Chinensis Extract Market Drivers & Opportunities:
Galla
chinensis extract has various industrial applications, which is
significantly driving the market for Galla chinensis extract. Apart
from this recent studies on Galla chinensis extract published in NCBI
and other reputed science journals suggests that several traditional
medicinal applications and properties of Galla chinensis extract are
true and can be used in pharmaceutical industries for drug
development for diseases like diarrhea, which is significantly
increasing the market growth for Galla chinensis.
Galla
chinensis extract market in North America and Europe is fairly
unorganized with lots of room for improvement. These are high
potential market for Galla chinensis extract, leading to the
development for opportunities of gala chinensis manufacturers.
Galla
Chinensis Extract Market Restraints:
Galla
chinensis extract manufacture is mainly limited to mainland China.
Although there are a lot of Chinese manufactures who are exporting
Galla chinensis extract in global market but poor distribution
channel is a major setback for Galla chinensis extract market. Galla
chinensis extract has been introduced to the new potential markets
like Europe, but the lack of proper advertisement and information
among the consumers and buyers is a significant restraint for Galla
chinensis extract market.
Galla
Chinensis Extract Market Key Players:
Some
of the key players in galla chinensis extract market are Hanson TRG
Biotech Co.,Ltd, Shaanxi NHK Technology Co., Ltd., Hunan Nutramax
Inc., Xi'an Hygethy Biotechnology Co., Ltd., Nutra Green
Biotechnology Co.,Ltd. and others.
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