Global Siler Extract Market: Industry Analysis and Forecast (2020-2026)

Global Siler Extract Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.1 % through 2020 to 2026, reaching nearly US$ XX Bn.
Global Siler Extract Market Overview:

Siler or Fang-Feng in Chinese is a type of dried root that grows predominantly in the countries of China and Mongolia in the region of Asia-Pacific. Siler is boiled in the alcohol above the boiling point temperature and the residue obtained at the end of this process is called a Siler Extract. Siler Extract holds medicinal properties that are used on a large scale in manufacturing medicines by the Pharmaceutical and Herbal Medicine Manufacturing Industry.

he presence of a large number of medicinal elements is used for treating health-related issues like sinus, tetanus, colds, diarrhea, tremors, and joint pains. Rich medicinal contents of Siler Extract are used for treating people suffering from Cancer. An increase in preference for alternate medicinal treatment and therapies has increased the demand for Siler Extract. An increase in population, rising health concerns, and a wide range of medicinal applications have resulted in the growth in the Global Siler Extract Market.
Global Siler Extract Market Dynamics:

A report by the Indian Journal of Pharmaceutical Science published in 2018 states that Siler Extract holds the highest polyphenol and antioxidant content in the category of traditional Chinese medicines. This has resulted in increased use of Siler Extract to produce immune support medicines by mixing it with astragalus.
A report published in the journal Evidence-based complementary and alternative medicine state that Siler Extract holds medicinal properties that can be used for the evacuation of uterine content, induction of labor, infections, cancer, and for the production of neutrophils in the bone marrow.

Siler Extract contains Beta-Sitosterol that helps in maintaining cholesterol levels. This has resulted in the launch of a new range of dietary supplement products by Herbal Science International, Inc.

Tetanus is a deadly disease that is responsible for 5-7% of the global neonatal deaths and 5% of maternal deaths. Siler Extracts hold medicinal properties that help in managing complications until the effects of the tetanus toxin are resolved.

An increase in preference for Herbal Products and large-scale medicinal applications are driving the growth of the Global Siler Extract Market.
Restraints:

Several side effects like nausea and dizziness after consumption have resulted in the social media campaign ‘safe Bio Products’ which is limiting the growth of the Global Siler Extract Market.
Global Siler Extract Market Segment Analysis:

The Global Siler Extract Market is segmented on the basis of

By Form, It is observed that medicines made by using Siler Extract to improve immunity are consumed on a large scale in the capsule form. More than 45% of the Siler Extract products available in the market are in capsule form. Siler Extract in Powder and Liquid form is consumed on a large scale in manufacturing health supplements and herbal medicine products. More than 75% of the Siler Extract consumed by the Cosmetics Industry is in Liquid form.

By Application, It is observed that more than 65% of the Siler Extract available in the market is consumed in manufacturing Pharmaceuticals and Herbal Medicines. Nutritional Supplements having Siler Extract are consumed to maintain cholesterol levels by the people maintaining a healthy lifestyle. The rising demand for Siler Extract-based supplements has increased by 1.9% in the US. An increase in demand for herbal cosmetics has resulted in a 2.4% increase in sales of Siler Extract-based cosmetics.

By Distribution Channels, Herbal Medicine shops and Pharmacies dealing in herbal products are the preferred media for purchasing Siler Extract. It is observed that demand for Siler Extract products through online shopping portals has increased by 4.5% in the region of North America. Supermarkets in the region of North America and Europe have observed a growth of 3% in demand for Siler Extract-based products.

Global Siler Extract Market

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Specialty Stores and Pharmacies are the most preferred mediums used by people for purchasing Siler Extract. Data from the Organized Herbal Products Market states that Specialty Stores dealing in herbal products and medicines accounts for more than 40% of the total sales of Siler Extract.

Pharmacies dealing in herbal products have reported an increase of 2.7% in sales of Siler Extract in the US, Europe, and Asia-Pacific regions. Supermarkets account for more than 20% of the total revenue earned by the Global Siler Extract Market. Different E-Commerce platforms have registered an increase of more than 5% in sales of Siler Extract. Availability of a wide range of products and features like doorstep delivery has resulted in an increase of 7% in the number of people preferring E-Commerce platforms for purchasing Siler Extract.
Global Siler Extract Market Regional Insights

Global Siler Extract Market

Asia-Pacific is the biggest producer of the Siler Extract. The use of Siler Extract in the form of household medicines has resulted in making more than 40% of the consumption and more than 35% of the total revenue generated by the Global Siler Extract Market.

An increase in demand for herbal medicines on immunity-related issues and on lockjaw has resulted in a 6% increase in sales of Siler Extract-based herbal medicines in the region of North America. Rising demand for Herbal Nutritional health supplements has resulted in a 4% increase in demand for Siler Extract in the US and Europe.

Europe is the biggest consumer of organic herb-based cosmetics. The presence of hydrating and nutritional properties has resulted in a 2.3% increase in demand for Siler Extract by the Cosmetics Industry in this region.

South American Market is showing a growth rate in the range of 1-1.5% in the last 6 years. Preference for local herbs and medicines made from them is limiting the growth of the Siler Extract Market in this region. The Middle East and Africa’s Market due to their activities as a middleman in doing trade of Siler Extract has resulted in an increased demand of 4.1%. The role of trade intermediary and limited domestic consumption has resulted in low growth in this region.

The objective of the report is to present a comprehensive analysis of the global Siler Extract market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Siler Extract market dynamics, structure by analyzing the market segments and Project the global Siler Extract market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Siler Extract market make the report investor’s guide.
Global Siler Extract Market Scope: Inquire before buying

Global Siler Extract Market
Global Siler Extract Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Siler Extract Market Key Players

• Hawaii Pharma
• Hill Pharmaceuticals Co. Ltd.
• Hunan Nutramax Inc.
• Changsha Vigorous-Tech Co. Ltd.
• Hunan-Sunshine Biotech Co. Ltd.
• Shaanxi Xinya Biotechnology Co. Ltd.
• Shenzhen Sungening Bio-Tech Co. Ltd.
• Changsha Realwin Bio-Tech Co. Ltd.
• Guangzhou Danjia Cosmetics Co. Ltd.
• Xiamen Tak Lun Biological Pharmacy Co. Ltd.
• Guangxi P & P Trading Co. Ltd.
• Bawang Co. Ltd.
• SR3D International Holdings Corp.
• Dronania Pharmaceuticals GmbH
• Green Island International TCM Group Ltd

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