The global hawthorn extract market is anticipated to grow at a significant CAGR of 8.6% during the forecast period (2022-2028). Hawthorn extract is traditionally used to make jellies and wine, as well as to flavor brandy. Explorative usage of hawthorn extract in medical applications has resulted from groundbreaking research and invention. Due to the presence of proanthocyanidins and anthocyanins, hawthorn extract has antioxidant properties that aid to strengthen blood vessel walls. Hawthorn extract is most commonly used in medicine to give a soothing effect on the heart and circulatory system. As a result, it aids in the treatment of a variety of vascular disorders, particularly congestive heart failure, by assisting in the transmission of nerve signals by expanding blood vessels through a contraction.
Aside from addressing health problems, the hawthorn impact is also utilized to cure digestive and kidney problems like diarrhea and indigestion. Hawthorn extract also aids in the reduction of cholesterol levels by increasing LDL receptors. As a result of its constant use in the pharmaceutical industry, the hawthorn extract market is expected to increase. Hawthorn is now found all across the globe, and hawthorn extract can be extracted from all parts of the plant, including the flower, leaves, and berries. As a result, the market for hawthorn extract is growing due to its widespread availability and ease of extraction.
Consumers’ purchase patterns have shifted toward preventative healthcare as a result of rising lifestyle diseases and excessive healthcare spending. Herbal supplements are a common component of preventive health measures, fueling the hawthorn extract market’s rise over the forecast period.
Some major players in the market include Swmabhan Commerce Pvt Ltd, Malay Ingredient Group-MIG, MB-Holding GmbH & Co. KG, MediHerb, Xi’an Greena Biotech Co., Ltd., The Pharmaceutical Plant Company Pvt Ltd, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By End – Use Industry
- By Sales Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Swmabhan Commerce Pvt Ltd, Malay Ingredient Group-MIG, MB-Holding GmbH & Co. KG, MediHerb, Xi’an Greena Biotech Co., Ltd., The Pharmaceutical Plant Company Pvt Ltd, among others.
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Global Hawthorn Extract Market Report by Segment
By End Use Industry
- Pharmaceutical
- Brewery
By Sales Channel
- Mass Merchandise
- Natural & Health Food
- Direct Sales
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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