Gromwell
is a plant of genus Lithospermum, belonging to the family
Boraginaceae. This plant is indigenous to North America region and
distributed worldwide. Root is used for the extraction, the extract
is sweet in taste. Gromwell root extract actions against cancer,
fever, contraception, and detoxification. Gromwell root also cures
bladder stone, kidney failure, and arthritis. Gromwell root extract
is majorly used in personal care and cosmetic industry for making a
different kind of beauty products. Gromwell root extract is also used
to heal wounds. Preference of natural beauty product over synthetic
product is the main driver of the gromwell root extract.
Gromwell
Root Extract: Market Segmentation
Global
gromwell root extract market
is segmented on the basis of application, type, form, geography,
distribution channel.
Gromwell
root extract market is segmented on the basis of the application
which includes; Pharmaceutical, and Personal care and cosmetics. In
pharmaceutical application, Gromwell root extract has many medicinal
properties so it is used in the preparation of several medicines,
Gromwell root extract is majorly used in the preparation of different
cosmetic products like the face mask, balm, soaps, and facial cream
etc.
Gromwell
root extract market is segmented on the basis of form, those are the
powder form (raw extract), paste form (creams), solid form (soaps),
and liquid (tincture).
Gromwell
root extract market is segmented on the basis of the type which
includes; Natural and Organic.
Gromwell
root extract market is segmented on the basis of geography which
includes; The Middle East and Africa (MEA), North America,
Asia-Pacific (APAC), Europe, and Latin America
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Gromwell
root extract market is further segmented on the basis of distribution
channel which includes: Hypermarket/supermarket, convenience stores,
specialty stores, grocery stores, and Online retailing
Gromwell
root extract market is anticipated to register comparatively higher
value share from Supermarket/hypermarket than other channels during
the forecast period. Online sells are expected to register relatively
more growth in Gromwell root extract market over the forecast period.
Rising consumer towards online purchasing of products is anticipated
to support the growth of Gromwell root extract market over the
forecast period.
Gromwell
root Extract Market: Regional Outlook
In
terms of geography, the global Gromwell root extract market has been
divided into five key regions including North America, Latin America,
Europe, Asia-Pacific and Middle East & Africa.
Asia
pacific countries are the major producer and consumer of the gromwell
extract product while the market is anticipated to increase in the
Europe region also.
Gromwell
root Extract Market: Driver and Restraint
Gromwell
root extract possesses high demand in various application due to its
versatile medicinal properties and uses in different products.
Principle factors driving market demand are continuous rising demand
for antifungal, antibacterial, cardiovascular disease medicines.
Various properties of Gromwell root extract as the natural medicine
for the digestive system, immune system booster, cancer treatment and
blood pressure helper etc. are factors driving market demand for
Gromwell root extract. Gromwell root also increases the blood
circulation in the diabetic patient. It also stimulates the blood
coagulation for healing the wound. Gromwell root extract may also
cure arthritis, blood stone, kidney failure, and tumors. Preference
of natural cosmetic product over chemical product are the major
driver Gromwell root market. In cosmetics, it is majorly used as acne
remover. It should be avoided by the patients suffering from liver
problems.
Gromwell
root Extract Market: Key Player
Some
of the key players operating in Gromwell root extract market include:
NATURAL WELLBEING SDN BHD, OutlookBeauty.com ,Inc, Puuuv Soap Sdn
Bhd, LizzieBee, Qingdao Dacon Trading Co., Ltd., Xi'an Huilin
Bio-tech Co.,Ltd.,
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