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China Salvia Extract Market Global Outlook and Forecast 2024-2030

China Salvia Extract Market Global Outlook and Forecast 2024-2030

  • Category:Chemicals and Materials
  • Published on : 16 October 2024
  • Pages :205
  • Formats:
  • Report Code:24MRES-8013123
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The China Salvia Extract market size was valued at US$ 187.5 million in 2024 and is projected to reach US$ 256.3 million by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Salvia Extract is derived from Salvia miltiorrhiza (red sage), a traditional Chinese medicinal herb known for its cardiovascular benefits, antioxidant properties, and potential applications in treating various health conditions.
China's Salvia Extract market is growing steadily, driven by increasing demand for traditional Chinese medicine (TCM) and natural health products. In 2023, China produced approximately 8,500 metric tons of salvia extract, with 65% consumed domestically and 35% exported. The pharmaceutical sector remains the largest consumer, accounting for 55% of demand, followed by nutraceuticals at 30% and cosmetics at 15%. The market benefited from growing recognition of TCM globally, which led to a 20% increase in salvia extract exports in 2023. Technological advancements have focused on improving extraction efficiency and standardization, with new processes achieving 30% higher bioactive compound yields compared to 2020 methods. The market is seeing strong growth in water-soluble salvia extracts, increasing at 12% annually, driven by demands for easy-to-formulate ingredients in functional beverages. In 2023, new regulations on herbal medicine quality led to a 25% increase in the adoption of HPLC-standardized salvia extracts. The industry faces challenges from wild resource depletion, but investments in large-scale salvia cultivation are ensuring sustainable supply. Emerging applications in anti-aging skincare products are showing promise, with salvia-based cosmeceuticals growing at 18% CAGR, albeit from a small base of 4% market share. Looking ahead, the market is expected to benefit from ongoing research into salvia's neuroprotective properties, with extracts for cognitive health supplements projected to grow at 15% CAGR through 2030.

This report contains market size and forecasts of Salvia Extract in China, including the following market information:
•    China Salvia Extract Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    China Salvia Extract Market Sales, 2019-2024, 2024-2030,
•    China Top five Salvia Extract companies in 2023 (%)

Report Includes

This report presents an overview of China market for Salvia Extract , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Salvia Extract sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Salvia Extract market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Organic Extract
•    Conventional Extract

Segment by Applications

•    Pharmaceutical
•    Food and Beverages
•    Others

Key Companies covered in this report:

•    Xi'an Lyphar Biotech Co., Ltd.
•    Shaanxi Jintai Biological Engineering Co., Ltd.
•    Xi

TABLE OF CONTENTS

1 STUDY COVERAGE


1.1 Salvia Extract Product Introduction


1.2 Market by Type


1.2.1 Chinan Salvia Extract Market Size Growth Rate by Type, 2019 VS 2023 VS 2030

1.2.2 Organic Extract    

1.2.3 Conventional Extract

1.3 Market by Application


1.3.1 China Salvia Extract Market Size Growth Rate by Application, 2019 VS 2023 VS 2030

1.3.2    Pharmaceutical

1.3.3    Food and Beverages

1.3.4    Others

1.4 China Salvia Extract Sales Estimates and Forecasts 2019-2030

1.5 China Salvia Extract Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030

1.6 Study Objectives

1.7 Years Considered


2 COMPETITION BY MANUFACTURERS


2.1 China Salvia Extract Sales by Manufacturers

2.1.1 China Salvia Extract Sales by Manufacturers (2019-2024)

2.1.2 China Salvia Extract Sales Market Share by Manufacturers (2019-2024)

2.1.3 Top Largest Manufacturers of Salvia Extract in 2023 in China

2.2 China Salvia Extract Revenue by Manufacturers

2.2.1 China Salvia Extract Revenue by Manufacturers (2019-2024)

2.2.2 China Salvia Extract Revenue Market Share by Manufacturers (2019-2024)

2.2.3 China Top Companies by Salvia Extract Revenue in 2023

2.3 China Salvia Extract Sales Price by Manufacturers (2019-2024)

2.4 Analysis of Competitive Landscape

2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)

2.4.2 China Salvia Extract by Company Type (Tier 1, Tier 2, and Tier 3)

2.4.3 China Salvia Extract Manufacturers Geographical Distribution

2.5 Mergers & Acquisitions, Expansion Plans


3 China Salvia Extract MARKET SIZE BY REGION


3.1 Salvia Extract Market Size by Region: 2019-2030

3.1.1 China Salvia Extract Sales by Region: 2019-2024

3.1.2 China Salvia Extract Sales Forecast by Region (2025-2030)

3.1.3 China Salvia Extract Revenue by Region: 2019-2024

3.1.4 China Salvia Extract Revenue Forecast by Region (2025-2030)


4 MARKET SIZE BY TYPE


4.1 China Salvia Extract Sales by Type

4.1.1 China Salvia Extract Historical Sales by Type (2019-2024)

4.1.2 China Salvia Extract Forecasted Sales by Type (2025-2030)

4.1.3 China Salvia Extract Sales Market Share by Type (2019-2030)

4.2 China Salvia Extract Revenue by Type

4.2.1 China Salvia Extract Historical Revenue by Type (2019-2024)

4.2.2 China Salvia Extract Forecasted Revenue by Type (2025-2030)

4.2.3 China Salvia Extract Revenue Market Share by Type (2019-2030)

4.3 China Salvia Extract Price by Type

4.3.1 China Salvia Extract Price by Type (2019-2024)

4.3.2 China Salvia Extract Price Forecast by Type (2025-2030)


5 MARKET SIZE BY APPLICATION


5.1 China Salvia Extract Sales by Application

5.1.1 China Salvia Extract Historical Sales by Application (2019-2024)

5.1.2 China Salvia Extract Forecasted Sales by Application (2025-2030)

5.1.3 China Salvia Extract Sales Market Share by Application (2019-2030)

5.2 China Salvia Extract Revenue by Application

5.2.1 China Salvia Extract Historical Revenue by Application (2019-2024)

5.2.2 China Salvia Extract Forecasted Revenue by Application (2025-2030)

5.2.3 China Salvia Extract Revenue Market Share by Application (2019-2030)

5.3 China Salvia Extract Price by Application

5.3.1 China Salvia Extract Price by Application (2019-2024)

5.3.2 China Salvia Extract Price Forecast by Application (2025-2030)


6.    CORPORATE PROFILE


6.1 Xi'an Lyphar Biotech Co., Ltd.

6.1.1 Xi'an Lyphar Biotech Co., Ltd. Corporation Information

6.1.2 Xi'an Lyphar Biotech Co., Ltd. Overview

6.1.3 Xi'an Lyphar Biotech Co., Ltd. in China: Salvia Extract Sales, Price, Revenue and Gross Margin (2019-2024)

6.1.4 Xi'an Lyphar Biotech Co., Ltd. Salvia Extract Product Introduction

6.1.5 Xi'an Lyphar Biotech Co., Ltd. Recent Developments


6.2 Shaanxi Jintai Biological Engineering Co., Ltd.

6.2.1 Shaanxi Jintai Biological Engineering Co., Ltd. Corporation Information

6.2.2 Shaanxi Jintai Biological Engineering Co., Ltd. Overview

6.2.3 Shaanxi Jintai Biological Engineering Co., Ltd. in China: Salvia Extract Sales, Price, Revenue and Gross Margin (2019-2024)

6.2.4 Shaanxi Jintai Biological Engineering Co., Ltd. Salvia Extract Product Introduction

6.2.5 Shaanxi Jintai Biological Engineering Co., Ltd. Recent Developments


6.3 Xi

LIST OF TABLES & FIGURES



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