Angelica
a root, known by many names such as wild celery, dang GUI and wild
parsnip. It’s an aromatic herb, which grows in Korea, Japan and
China. Angelica has an antibacterial action, which prevents the
growth of various bacteria and thus find potential medical usage.
Angelica has been used for strengthening lungs, kidney, liver and
heart. Angelica plant, seed fruit, root are used for making herbal
medicine. Angelica extract is an herbal tonic for blood circulation.
Also, it is considered as all-purpose woman’s tonic herb. Angelica
extract is widely used in functional food and pharmaceuticals.
Increasing health awareness among consumers is driving the growth of
global angelica extract market.
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Global
angelica extract market is increasing due to increasing awareness
related to benefits of angelica plant coupled with growing usage of
angelica extract in functional food is driving the growth of global
angelica extract market. Increasing use of angelica extract in
various foods to enhance taste and health benefits is increasing the
adoption of angelica extract in different food products, thus
fuelling the market growth. Moreover, angelica has various medical
benefits such as providing energy, vitality, enriching blood, etc. It
also helps in reducing disease such as anaemia, low immunity problem,
and other disease. Furthermore, angelica extract also contains
anti-aging properties. So the demand for angelica extract is
increasing amongst the cosmetic manufacturers, which further results
in to growth of global angelica extract market. Now a days, online
availability of the angelica extract is increasing, which is
anticipated to fuel the growth of the global angelica extract market.
Moreover, extensive research and development initiatives for the
increasing uses and applications of the angelica extract is also
fuelling the growth of global angelica extract market. High dose of
angelica extract increase sugar in urine, which is not beneficial for
diabetics and thus, restricts adoption among a significant
population. Moreover, the prices of angelica extract are very high,
which also acts as a restraining factor for global angelica extract
market growth.
The
global angelica
extract market is divided into seven regions, namely North
America, Latin America, Asia Pacific excluding Japan (APEJ), Western
Europe, Eastern Europe, Japan and Middle East and Africa (MEA).
China, Korea, Japan and Brazil are the major producer of angelica
extract. Asia Pacific and Latin America are among the emerging
clusters of the globe, which are anticipated to witness an above
average CAGR over the forecast period. However, the global angelica
extracts market is expected to witness a steady growth by the end of
2027.
Global
Angelica Extract Market: Key Players
Mighty
International Company, ltd.
Tropical
Herbal Products Company, ltd.
Thiptipa
co., ltd
Zingo
Enterprise Co., ltd.
Bio-Botanica,
Inc.
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