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The global salacia market is being aided by the growth of the herbal medicine market. The global herbal medicine market is expected to grow at a CAGR of 6% in the forecast period of 2024-2032.
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Region-wise, the Asia Pacific is expected to significantly contribute to the industry growth over the forecast period. This can be attributed to the easy availability of salacia in various Asian countries like Sri Lanka, India, China, Indonesia, and Vietnam, among others, as well as increased utilisation of the product in traditional medical practices. Salacia serves as a popular ingredient in Ayurvedic remedies for the treatment of diabetes and obesity. Thus, the growing demand for herbal products in the region is expected to propel the industry growth. Meanwhile, the growing shift towards natural products and increased prevalence of obesity in North America are expected to drive the market growth in the region. This is further supported by the high consumer spending power and growing health awareness in the region.
Salacia, a woody climber naturally found in tropical regions, is a genus of plants in the family Celastraceae. Salacia genus consists of nearly 120 species (e.g. Salacia reticulata, Salacia oblonga, and Salacia prinoides). The roots and stems of various species have been used for hundreds of years in the treatment of asthma, rheumatism, itching and swelling, diabetes, and skin diseases. The most prominent active agents in salacia include salacinol, kotalanol, mangiferin, and kotalagenin 16?acetate. Among these, mangiferin has been the most extensively studied individual constituent.
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The different plant species of salacia are:
Based on source, the industry can be bifurcated into:
The various application sectors of salacia include:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The demand for salacia extracts has risen in recent years owing to the rapid increase in the incidences of diabetes and pre?diabetes and the need for safe and effective drugs that can assist in the control of blood sugar as well as lipid levels. The diabetic patients rely on current conventional treatment protocols, which involve medications and complex treatment regimes and may cause several side effects. This has created an enhanced demand for herbal and alternative treatment solutions. A number of clinical studies have indicated that aqueous salacia extracts, when administered to type II diabetic subjects, effectively control blood glucose levels, and do so without adverse effects. This is significantly driving the demand for the product in the pharmaceutical industry. Also, salacia extracts appear to be very safe, based on animal and in vitro studies, as well as human use. Other factors like rising disposable incomes and the growing demand for dietary supplements are also aiding the market. Over the forecast period, the growing research and development activities are expected to create new opportunities for salacia in sectors like cosmetics and personal care. This is expected to positively influence the industry growth.
The report gives a detailed analysis of the following key players in the global salacia market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Plant Species |
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Breakup by Source |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Salacia Market Analysis
8.1 Key Industry Highlights
8.2 Global Salacia Historical Market (2018-2023)
8.3 Global Salacia Market Forecast (2024-2032)
8.4 Global Salacia Market by Plant Species
8.4.1 Salacia Oblonga
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Salacia Reticulata
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Salacia Market by Source
8.5.1 Organic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Conventional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Salacia Market by Application
8.6.1 Dietary Supplements
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Pharmaceuticals
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Salacia Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Salacia Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Salacia Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Salacia Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Salacia Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Salacia Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 S.A. Herbal Bioactives LLP
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 VPL Chemicals Pvt Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Princeton Vitamins LLC
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 All-Season Herbs. Pvt. Ltd.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2 Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Salacia Market: Key Industry Highlights, 2018 and 2032
2. Global Salacia Historical Market: Breakup by Plant Species (USD Million), 2018-2023
3. Global Salacia Market Forecast: Breakup by Plant Species (USD Million), 2024-2032
4. Global Salacia Historical Market: Breakup by Source (USD Million), 2018-2023
5. Global Salacia Market Forecast: Breakup by Source (USD Million), 2024-2032
6. Global Salacia Historical Market: Breakup by Application (USD Million), 2018-2023
7. Global Salacia Market Forecast: Breakup by Application (USD Million), 2024-2032
8. Global Salacia Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Salacia Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Salacia Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Salacia Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Salacia Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Salacia Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Salacia Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Salacia Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Salacia Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Salacia Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Salacia Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Salacia Market Forecast: Breakup by Country (USD Million), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2032
21. Europe Historical Price Trends and Forecast 2018-2032
22. Asia Pacific Historical Price Trends and Forecast 2018-2032
23. Latin America Historical Price Trends and Forecast 2018-2032
24. Middle East and Africa Historical Price Trends and Forecast 2018-2032
25. Global Salacia Market Structure
The global salacia market is being aided by the rising herbal medicine market, which is projected to grow at a CAGR of 6% between 2024 and 2032.
The major market drivers include the growing demand for plant based and natural products, rising disposable incomes, increasing prevalence of diabetes and obesity, and growing health concerns.
The key trends guiding the market growth include the increasing R&D activities and the expanding applications of salacia.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Salacia oblonga and salacia reticulata are the various segments based on plant species of salacia.
The major sources of salacia in the market are organic and conventional.
Dietary applications and pharmaceuticals, among others, are the significant applications of salacia.
The major players in the market are S.A. Herbal Bioactives LLP, VPL Chemicals Pvt Ltd., Princeton Vitamins LLC, and All-Season Herbs. Pvt. Ltd., among others.
The global salacia market is being driven by the rising demand for plant based products and herbal medicines. Aided by the growing investments into R&D, the global herbal medicine market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on plant species, the market is bifurcated into salacia oblonga and salacia reticulata. On the basis of source, the industry is divided into organic and conventional. Based on application, the market is segmented into dietary supplements and pharmaceuticals, among others. The major regional markets for salacia are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include S.A. Herbal Bioactives LLP, VPL Chemicals Pvt Ltd., Princeton Vitamins LLC, and All-Season Herbs. Pvt. Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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