Peony Root Bark Extract Market

Peony Root Bark Extract Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

ID: PMRREP16477

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Author : Abhijeet Surwase

Introduction

Peony is a plant which belongs to the family of Paeoniaceae. Its botanical name is paeonia alboflora is commonly found in the native parts of Asia which includes China and Japan. It is commonly known as white peony root, bai shao yao, as well as Chinese peony. For years it’s been used as a source a traditional medicine in china. Peony root bark extract is often given to the person suffering from respiratory tract illnesses and common cold.

Peony root bark extract is also very beneficial to tackle menstrual cramps, premenstrual syndrome and polycystic ovary syndrome. The extract of Peony root bark is used to heal muscle injury or cracked skin. Peony root bark extract contains flavonoid and ongoing research has shown peony root bark extract contains is capable to inhibit the growth of the cancer cells in humans.

Market Regional Outlook: 

Regional segment for the market of peony root bark extract is divided into seven different regions: North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan and MEA. Among these segment Asia is expected to hold relatively higher share, as it is the largest producer and consumer of peony root bark extract. In Asia Pacific region the countries like China and Japan are generating the major revenue.

Strong demand from the U.S for peony root bark extracts is expected to play a vital role in increasing the revenue share of the region. In terms of revenue Japan is expected to be the second prominent contributor in the peony root bark extract market. North America is projected to expand at relatively higher CAGR owing to the increasing obesity rates and growing health awareness among consumers.

Companies in the peony root bark extract market focus upon leveraging the opportunities posed by emerging economies like India and China to strengthen their geographical presence and expand their revenue base.

Market Drivers:

The rise in demand for anti-ageing cream is expected to drive the growth of global peony root bark extract market. Peony root bark extract is not only a rich source of flavonoid but it also exhibits some special properties such as anti-bacterial property, anti-oxidant property and also reduces the hardening of the arteries.

It also helps to cure disorders of the central nervous system, cure muscle cramps and cure whooping cough and neuralgia. These versatile properties of peony root bark extract is attracting the pharmaceutical segment to a significant extent and is anticipated to drive the peony root bark extract market to a greater extent.

Market Key Players: 

Some of the key players in peony root bark extract market are Nutra Green Biotechnology Co.,Ltd., Shaanxi NHK Technology Co., Ltd, Shanghai Herbary Biotechnology Co. Ltd., Shandong Yuhua Biotechnology Co., Ltd., CNLAB NUTRITION, Shaanxi Jintai Biological Engineering Co.,Ltd, Neo-Green Pharmaceutical Co., Ltd and Xi'an sgonekbio logical Technology Co., Ltd. among others.

The report covers exhaustive analysis on:

  • Peony Root Bark Extract Market Name Segments
  • Peony Root Bark Extract Market Name Dynamics
  • Historical Actual Market Size, 2015-2016
  • Peony Root Bark Extract Market Name Size & Forecast 2017 to 2027
  • Peony Root Bark Extract Market Name Supply & Demand Value Chain
  • Peony Root Bark Extract Market Name Current Trends/Issues/Challenges
  • Root Beer Players Competition & Companies involved
  • Peony Root Bark Extract Market Name Technology
  • Peony Root Bark Extract Market Name Value Chain
  • Peony Root Bark Extract Market Name drivers and Restraints 

Regional analysis for Peony Root Bark Extract Market Name includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and regions.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint
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