Siler
Extract Market Introduction:
The
Saposhnikovia divaricate or siler, is a herb, and popularly known as
Fang Feng in Chinese herbal medicine. It is an important herbal
ingredient used in many herbal medicinal formulae. The siler root
extract has various medicinal properties and thus being popular
herbal medicine since ancient times in china.
Siler
extract possess antioxidant and anti-proliferative properties. It is
effective in treatment of colds, and body aches, joint pains, chills,
diarrhea, and tremors. Siler extract is also a useful remedy for
lockjaw, general convulsions, and tetanus. Siler root extract has an
antimicrobial effect and has been shown to inhibit influenza viruses
and also useful in sinus. Thus, considering its various benefits and
medicinal properties siler
extract market
demand is higher and expected to expand at higher growth rate over
the forecast period.
Siler
Extract Market Segmentation:
Siler
extract market is segmented on the basis of its applications in
pharmaceutical, herbal medicines, and in nutritional supplements etc.
Siler extract has proven helpful in cure of four meridians of
bladder, spleen, lung, and liver. Its vital functions are relieving
pain by removing dampness, relieving itching, and effective in
spasmolysis. Thus, market demand from pharmaceutical and herbal
medicine industry is higher and expected to grow rapidly over the
forecast period. Herbal medicine market is expanding at a higher rate
which is in turn expected to drive market demand for siler extract.
Siler
extract market is further segmented on the basis of product form
available in the market as liquid and powder form, powder is also
sold in capsule form. The different form is used for different
application and purpose.
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Siler
extract market is also segmented on basis of regions includes North
America, Latin America, Middle East & Africa, Europe and Asia
pacific. China is major producer of siler extract followed by Japan,
from Asia Pacific regional markets thus, Asia Pacific is major
exporter market of siler extract to the world. However, as
traditionally being used as herbal medicine China consumes major part
of the production into various herbal as well as pharmaceutical
preparations.
Siler
Extract Market Drivers:
Siler
extract possess high market demand from pharmaceutical market
segments as due to its various uses in treatment of various disease
conditions. It is useful in treatment of tetanus, trembling of the
hands and feet , painful diarrhea with bright blood in the stool,
migraines, it may help antidote arsenic poisoning etc. In Chinese
herbal medicine siler extract is blended or mixed with other herb
extract and different medicinal formula for disease treatments can be
formulated thus market demand from herbal medicine segment is growing
continuously.
Siler
extract contains nutrients which includes Beta Sitosterol, volatile
oil, and Mannitol etc. Beta Sitosterol is plant Sterol useful in
lowering cholesterol thus market demand from health supplements is
expected to grow at a significant rate over the forecast period.
Looking
at various health benefits of siler extract driving attraction of
researchers and various pharmaceutical industries, thus are investing
in R & D for siler extract products and medicines, in turn
driving market demand for extracts. Increasing popularity of herbal
medicine and shifting consumer preferences towards herbal and natural
medicine is another factor expected to drive growth of the global
siler extract market over the forecast period.
Siler
Extract Market Key Players:
Key
players operating in siler extract market are Hawaii Pharma, Changsha
Vigorous-tech Co., Ltd, Hunan Nutramax Inc., Hill Pharmaceutical Co.,
Ltd.,Hunan Sunshine Bio-Tech Co.,Ltd. , Shaanxi Xinya Biotechnology
Co. Ltd. Considering the continuous growth in market demand for Siler
extract globally, various new entries are expected into the market to
grab upcoming opportunities over the forecast period.
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