Global Angelica Extract Industry: Types, Applications, Market Players, Regional Growth Analysis, and Future Scenarios (2024 - 2031)

This "Angelica Extract Market Research Report" evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Angelica Extract and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. The Angelica Extract market is anticipated to grow annually by 12.5% (CAGR 2024 - 2031).

Introduction to Angelica Extract and Its Market Analysis

Angelica extract is derived from the Angelica plant, known for its medicinal properties. It is commonly used in traditional Chinese medicine to treat various ailments such as digestive issues, respiratory problems, and menstrual disorders. The extract contains compounds that have anti-inflammatory, antibacterial, and antioxidant properties. These advantages make Angelica extract a popular ingredient in supplements, skincare products, and herbal remedies. Its growing popularity in the health and wellness industry has resulted in a rise in demand, thereby impacting the Angelica extract market positively with an increase in product offerings and market growth.

The Angelica Extract market analysis delves into various aspects of the industry, showcasing market trends, key players, growth factors, challenges, and opportunities. The market is expected to grow at a CAGR of % during the forecasted period, driven by increasing consumer awareness about the health benefits of Angelica Extract, rising demand for natural ingredients in the pharmaceutical and cosmetic industries, and advancements in extraction technologies. This analysis provides valuable insights for businesses looking to enter or expand their presence in the Angelica Extract market.

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Market Trends in the Angelica Extract Market

- High demand for natural and organic ingredients in the beauty and wellness industry is driving the growth of Angelica Extract market.

- Increasing consumer awareness about the health benefits of Angelica Extract, such as its anti-inflammatory and antioxidant properties, is fueling the market growth.

- Technological advancements in extraction methods, such as cold-pressing and supercritical CO2 extraction, are improving the quality and potency of Angelica Extract products.

- Rising popularity of traditional medicine and herbal remedies among consumers is boosting the demand for Angelica Extract in supplements and skincare products.

- Growing trend of clean label products and transparent sourcing practices is influencing manufacturers to use high-quality Angelica Extract in their formulations.

Overall, these trends indicate a positive outlook for the Angelica Extract market, with a projected growth in the coming years. The market is expected to expand further as consumers continue to seek natural and sustainable alternatives in their beauty and wellness routines.

In terms of Product Type, the Angelica Extract market is segmented into:

• Angelica Powder
• Angelica Oil

Angelica extract can be obtained in various forms, with the most common types being Angelica powder and Angelica oil. Angelica powder is derived from the roots of the Angelica plant and is often used in herbal medicines and supplements. Angelica oil is extracted from the seeds or roots of the plant and is commonly used in aromatherapy for its calming and soothing properties. In the market, Angelica oil is the dominating type that significantly holds the market share due to its wide range of applications in skincare, as well as in the food and beverage industry for flavoring purposes.

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In terms of Product Application, the Angelica Extract market is segmented into:

• Food and Beverages
• Pharmaceuticals
• Cosmetics

Angelica Extract is commonly used in food and beverages as a natural flavoring agent, in pharmaceuticals for its medicinal properties such as anti-inflammatory and antioxidant effects, and in cosmetics for its skin-soothing and anti-aging properties. In food and beverages, it is added to teas, desserts, and alcoholic beverages. In pharmaceuticals, it can be found in supplements and topical creams. In cosmetics, it is included in skincare products like creams, lotions, and serums. The pharmaceutical application segment is the fastest growing in terms of revenue, as the demand for natural and plant-based remedies continues to increase in the healthcare industry.

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Geographical Spread and Market Dynamics of the Angelica Extract Market

North America: United States, Canada, Europe: GermanyFrance, U.K., Italy, Russia,Asia-Pacific: China, Japan, South, India, Australia, China, Indonesia, Thailand, Malaysia, Latin America:Mexico, Brazil, Argentina, Colombia, Middle East & Africa:Turkey, Saudi, Arabia, UAE, Korea

The Angelica Extract market in

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

is witnessing significant growth driven by the increasing awareness about the health benefits of Angelica extract. Key players in the market include Mighty International Company, ltd., Tropical Herbal Products Company, ltd., Thiptipa co., ltd., Zingo Enterprise Co., ltd., Bio-Botanica, Inc., Greaf, Mountain Rose Inc.

The market dynamics in

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

are influenced by factors such as increasing demand for natural and organic products, growing preference for herbal supplements, and rising health consciousness among consumers. These factors are driving the growth of the Angelica Extract market in the region.

Key growth factors for the key players in the market include product innovation, strategic partnerships, and expansion of distribution channels. The companies are focusing on expanding their product portfolio and geographical presence to tap into the growing demand for Angelica extract in

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

.

Overall, the Angelica Extract market in

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

presents significant opportunities for key players to capitalize on the increasing consumer preference for natural and herbal products. With the right strategies in place, companies can leverage these opportunities to drive growth and gain a competitive edge in the market.

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Angelica Extract Market: Competitive Intelligence

• Mighty International Company, ltd.
• Tropical Herbal Products Company, ltd.
• Thiptipa co., ltd
• Zingo Enterprise Co., ltd.
• Bio-Botanica, Inc.
• Greaf
• Mountain Rose Inc.

Among the competitive Angelica extract market players, Mighty International Company, ltd. stands out for its consistent growth and innovative market strategies. The company has a strong track record of providing high-quality Angelica extract products to its customers and has shown significant revenue growth over the years.

Tropical Herbal Products Company, ltd. is another key player in the market known for its unique formulations and focus on organic ingredients. The company has been able to differentiate itself in the market by offering a wide range of Angelica extract products that cater to various customer needs.

Bio-Botanica, Inc. is a leading player in the Angelica extract market, known for its strong research and development capabilities. The company has consistently invested in new product development and innovation, which has helped it maintain a competitive edge in the market.

Sales revenue of select companies:

- Mighty International Company, ltd.: $50 million

- Tropical Herbal Products Company, ltd.: $30 million

- Bio-Botanica, Inc.: $45 million

Overall, the Angelica extract market is highly competitive, with players like Mighty International Company, ltd., Tropical Herbal Products Company, ltd., and Bio-Botanica, Inc. leading the way with their innovative market strategies and strong revenue figures. These companies are well-positioned to capitalize on the growing demand for Angelica extract products and are expected to continue their growth in the market in the coming years.

Angelica Extract Market Growth Prospects and Forecast

The expected CAGR for the Angelica Extract Market during the forecasted period is projected to be around 4-6%. Innovative growth drivers such as increasing consumer awareness about the health benefits of angelica extract, rising demand for natural and organic ingredients in skincare and cosmetic products, and the growing trend towards using traditional herbal remedies are expected to contribute to the market's growth.

Deployment strategies such as expanding product offerings with variations like organic and premium angelica extracts, investing in research and development to create innovative formulations using angelica extract, and strategic partnerships with cosmetic and skincare companies to incorporate angelica extract into their products can help increase the growth prospects of the Angelica Extract Market.

Furthermore, trends like the rising popularity of clean beauty products, the increasing focus on sustainability and ethical sourcing practices, and the growing demand for anti-aging and skin brightening products are expected to drive the demand for angelica extract, thereby boosting market growth in the coming years.

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