Global Dong Quai Market Forecast, Trend Analysis And Competition Tracking - Market Insights: 2015 – 2031

Global Dong Quai Market Overview

Marketresearch.biz announces the publication of its most recently generated research report titled, "Global Dong Quai Market by Nature (Organic and Conventional), Form (Powder and Liquid), Application (Dietary Supplement, Pharmaceutical, and Other Applications), Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and Online Platform), and Region (North America, Europe, APAC, South America, MEA). Global Dong Quai Market Forecast to 2031", offers a holistic view of the global dong quai market through systematic segmentation that covers every aspect of the target market.

The Global Dong Quai Market is projected to be US$ 1,959.3 Mn in 2020 to reach US$ 4,292.3 Mn by 2030 at a CAGR of 8.3%.

Dong Quai is commonly taken by mouth for menopausal symptoms, menstrual cycle conditions such as migraines, and many other diseases; however, no scientific evidence supports these uses. Additionally, the root has been shown to affect estrogen and other hormones in animals. It is also used orally as a blood purifier; to manage hypertension, infertility, joint pain, ulcers, anemia, and constipation; prevent allergic attacks. Also, used orally for the treatment of loss of skin color (depigmentation) and psoriasis. However, it has been considered as consuming a large amount of dong quai for a more extended period is unsafe for health as it contains chemicals that can cause cancer.

Global Dong Quai Market segmentation based on Nature, Form, Application, Distribution Channel, and Region

Nature:

• Organic
• Conventional

Form:

• Powder
• Liquid

Application:

• Dietary Supplement
• Pharmaceutical
• Other Applications

Distribution Channel

• Supermarket/Hypermarket
• Convenience Stores
• Specialty Stores
• Online Platform

Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle-East & Africa

Global Dong Quai Market Revenue (US$ Mn), 2020–2030

Source: Prudour, 2020

Herbal medicines are widespread amongst breastfeeding women, while information supporting their safety and efficacy is lacking. Often, women self-medicate with complementary medications and supplements, most commonly on a recommendation by friends or family or as prescribed by their health care professionals. Dong Quai is one of the commonly used herbal medicine among the significant 24 other herbal medicines. And with growing demand among health-conscious individuals is expected to propel the growth of the global dong quai market.

The use of herbal medicinal products and supplements has increased tremendously over the past three decades throughout the world as an alternative treatment for alleviating several health problems, including heart diseases, diabetes, high blood pressure, and even certain types of cancer. Asian countries have the most consumption rate for herbal medicines than the rest of the world and export these medicinal products to developed western countries. It will boost and create a market trend for the dong quai market.

Global Dong Quai Market Attractiveness Analysis by Type, 2015–2031

Source: Prudour, 2020

By region, the market is segmented into North America, Europe, APAC, South America, and MEA. On the basis of region, the markets in APAC are projected to continue to account for the majority revenue share of the dong quai market.

The research report on the global dong Quai market includes profiles of some of the major companies such as Bio Botanica, Inc., Aunutra Industries Inc., Vege Tech Company, Carrubba Incorporated, Xian Yuensun Biological Technology Co., Ltd., Shaanxi GTL Biotech Co., Ltd., Herbco International, Inc., Jiangyin Healthway International Trade Co., Ltd., MeiHerb Biotech Co., Ltd., and others.