The global polygonum cuspidatum extract market is anticipated to grow at a CAGR of nearly 7.8% during the forecast period (2022-2028). Polygonum cuspidatum extract also known as the Japanese Knotweed Plant is a plant whose root is a good source of the potent polyphenolic antioxidant trans-resveratrol, which is considered the most bioavailable form of resveratrol. The major factor expected to drive the market is the rising incidences of CVD. Polygonum cuspidatum extract is used for conditioning heart vessels, arteries, high cholesterol, and other diseases. Further, it has healing and managing capabilities for CVD, cancer, and neurological disorders due to which it has a significant demand in the pharmaceuticals market. It has beneficial properties such as anti-wrinkles, anti-inflammation, and anti-aging properties, among others, which makes it suitable for developing skincare products. Moreover, the rising consumer awareness about the potential benefits of polygonum cuspidatum extract along with its medical properties, which makes it appropriate for the treatment of constipation, menstrual problems, gout, gallstones, and others.
Additionally, Resveratrol is a chemical compound found in the roots, bark, and fruits of polygonum cuspidatum and a few other plants with antioxidant properties. It is used as an active ingredient in dietary supplements to treat several diseases including heart disease, cancer, diabetes mellitus type II (polycystic ovary syndrome), Alzheimer’s disease, and also supports to reduce the risk of colon cancer. Some major players in the market include Organic Herb, Inc., Shaanxi Yi An Biological Technology Co., Ltd., and Xi’an Gaoyuan Bio-Chem Co., 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 Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Organic Herb, Inc., Shaanxi Yi An Biological Technology Co., Ltd., and Xi’an Gaoyuan Bio-Chem Co., Ltd., among others.
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Global Polygonum Cuspidatum Extract Market Report by Segment
By Type
- Powder
- Capsules
By Application
- Pharmaceuticals
- Cosmetics
- Others
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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