Attention: Astragalus Extract Market
Author : Naturalin Date : Click : times
Astragalus
Astragalus, a perennial herbaceous plant. Produced in Northeast China, North China, and Northwest China. Astragalus has a medicinal history of over 2000 years. According to the pharmacopoeia, the roots of Astragalus contain various effective ingredients such as Astragalus polysaccharides, flavonoids, saponins, amino acids, and trace elements.
Market dynamics
According to QYResearch's statistics and predictions, the market share of astragalus extract will reach 23.81 million US dollars in 2029, with a compound annual growth rate of 3.31% (2023-2029).
From the production side, it is expected that China will maintain the fastest growth rate in the coming years, and the market share is expected to reach 76.49% in 2029. On the consumption side, it is expected that Europe will experience the fastest growth, with a compound annual growth rate of approximately 5.21% between 2023 and 2029.
Application of astragalus extract
1. Food and beverage: Astragalus raw materials contain Astragalus IV glycoside, and its extract can be added to food and beverage.
2. Animal feed additives: Astragalus extract contains abundant Astragalus polysaccharides. As a natural substitute for feed additives, it can regulate the gut microbiota of animals and enhance their immunity.
About Naturalin
For astragalus extract, we have rich production and sales experience, and can customize products according to customer needs. If you have any needs, please feel free to consult!