Global Notoginseng Root Extract Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Powder and Liquid.

By End Use;

Pharmaceuticals , Cosmetics, and Health Supplement Products.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn913819965 Published Date: February, 2025 Updated Date: March, 2025

Introduction

Global Notoginseng Root Extract Market (USD Million), 2021 - 2031

In the year 2024, the Global Notoginseng Root Extract Market was valued at USD 291.11 million. The size of this market is expected to increase to USD 332.11 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.9%.

The Global Notoginseng Root Extract Market represents a burgeoning sector within the herbal supplement and nutraceutical industries, driven by the increasing recognition of notoginseng's potent health benefits and therapeutic properties. Notoginseng, a traditional Chinese medicinal herb, has gained global prominence for its diverse applications in pharmaceuticals, cosmetics, and health supplement products. The market's growth is propelled by the rising demand for natural remedies, growing consumer awareness about preventive healthcare, and advancements in extraction technologies that enhance the potency and bioavailability of notoginseng root extract.

This market encompasses a wide range of products derived from notoginseng root extract, including powders, liquid extracts, capsules, creams, and tinctures, catering to different end-use sectors such as pharmaceuticals, cosmetics, and health supplements. Notoginseng root extract is valued for its anti-inflammatory, antioxidant, immune-modulating, and cardiovascular support properties, making it a versatile ingredient in various formulations. Market players are actively engaged in product innovation, quality assurance, and regulatory compliance to meet the evolving consumer preferences and industry standards, driving market competitiveness and growth.

As the demand for natural health solutions continues to rise globally, the Global Notoginseng Root Extract Market presents lucrative opportunities for industry stakeholders, including manufacturers, suppliers, distributors, and retailers. The market's expansion is further fueled by increasing research and development activities, strategic collaborations, market penetrations in emerging economies, and consumer education initiatives. With a strong focus on quality, efficacy, and sustainability, the Global Notoginseng Root Extract Market is poised for continuous growth and innovation, contributing significantly to the broader landscape of herbal supplements and natural health products worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Notoginseng Root Extract Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health Benefits Awareness
        2. Increased Research Investment
        3. Rising Demand Globally
        4. Growing Herbal Supplements
        5. Pharmaceutical Industry Integration
      2. Restraints
        1. Limited Clinical Evidence
        2. Regulatory Compliance Challenges
        3. Supply Chain Vulnerabilities
        4. Competitive Pricing Pressure
        5. Consumer Awareness Gap
      3. Opportunities
        1. Expansion in Asia-Pacific
        2. Novel Product Development
        3. Functional Food Market
        4. E-commerce Growth Potential
        5. Collaborative Research Initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Notoginseng Root Extract Market, By Form, 2021 - 2031 (USD Million)
      1. Powder
      2. Liquid.
    2. Global Notoginseng Root Extract Market, By End Use, 2021 - 2031 (USD Million)
      1. Pharmaceuticals
      2. Cosmetics
      3. Health Supplement Products
    3. Global Notoginseng Root Extract Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nature's Bounty Co.
      2. Nutra Green Biotechnology Co., Ltd.
      3. Hongjiu Biotech Co., Ltd.
      4. Changsha Natureway Co., Ltd.
      5. Shaanxi Bolin Biotechnology Co., Ltd.
      6. Yunxi Biotechnology Co., Ltd.
      7. Xi'an Shengtian Biological Technology Co., Ltd.
      8. Jilin Baojie Pharmaceutical Co., Ltd.
      9. Beijing Gingko-Group Biotechnology Co., Ltd.
      10. Yunnan Sunshine Biotech Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market